GET GOLD LOAN
AT LOWEST INTEREST RATE

⍟  Highest Rate Per Gram
⍟  Lowest Interest Rate of 0.79% p.m.

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    Dena Bank Gold Loan

    Dena Bank Gold Loan Features – Apply Now

    Dena Bank Gold Loan Interest Rate 7% per annum
    Dena Bank Gold Loan Rate Per Gram
    Rate Per Gram is ₹ 3,506 to ₹ 4,621
    Dena Bank Processing Fee
    0.75% of the Principal Loan Amount
    Dena Bank Maximum Loan Amount
    Up to Rs. 1 Crore (With Income Proof)
    Dena Bank Minimum Loan Amount
    75% LTV
    Dena Bank Gold Prepayment Charges
    2%+GST (Within 3 Months), 0 (After 3 months)
    Dena Bank Gold Repayment Tenure
    Up to 36 Months
    Dena Bank Gold Repayment Scheme
    Bullet Payment Scheme, Overdraft Scheme

    Dena Bank issues a Gold Loan per gram rate of ₹ 3,506 to ₹ 4,621 in line with the current gold rate. The best Dena Bank Gold Loan Rate per gram is ₹ 3,506 to ₹ 4,621 for 22 Carat gold, measured at a maximum 75% loan to value, and the average gold price for the last one month for 22-carat is ₹ 3,506 to ₹ 4,621.

    Each Feature Explained in Detail Below

    Dena Bank Gold Loan Explanation

    Dena Bank’s gold loan can be the easiest and safest way to finance your immediate needs at an attractive interest rate. With small documents and secure storage, Dena Bank’s gold loan is an effective way to get funding quickly. The money thus obtained from a gold loan can be used for marriage, education, business expansion and other similar purposes.

    Dena Bank Comparision With Other Banks

    Particulars Dena Bank SBI HDFC Bank
    Interest Rate 7% per annum 7% per annum 9.90% – 17.55%
    Processing Fees Up to 0.75% of the loan amount 0.50% of the loan amount 1.50% of the loan amount
    Loan Tenure 3 months to 36 months 3 months to 36 months 3 months to 24 months
    Loan Amount Up to Rs. 1 Crore ₹ 20,000 to ₹ 20 Lakh ₹ 25,000 to ₹ 50 Lakh
    Foreclosure Charges 2%+GST (Within 3 Months), 0 (After 3 months) Nil Nil after 3 months
    Repayment Options Y Y Y
    Lowest EMI Per Lakh ₹ 5,121 per lakh ₹ 3,111 per lakh ₹ 4,610 per lakh

    Tips To Get Gold Loan From Dena Bank Fast

    • Dena Bank welcomes both hallmarked and non-hallmarked jewellery for a gold loan. However, you can get a very high gold loan per gram with remarkable jewellery, as it reduces the chances of a lower rating by the average. Also, some banks charge a lower fee for processing gold jewellery.
    • Dena Bank fixes the price of 22-carat gold for pure gold. So, always try to borrow high-quality jewellery as it will bring you the highest value of gold loans.
    • For faster processing of gold loans, you can apply for online gold loan application services by Dena Bank.

    Advantages Of Dena Bank Gold Loan Scheme

    Advantages of Dena Bank Gold Loan via Dialabank

    1. Gold Loan at Dena Bank is straightforward to apply. One can apply for the gold loan online within a few minutes.
    2. If a borrower is eligible, the loan can be approved within 30 minutes.
    3. After the approval of the loan, if the borrower has its complete documents, it can be disbursed quickly.
    4. The rates of interest provided by the Dena bank are quite affordable.
    5. Gold Loan from Dena Bank comes with competitive interest rates on Term Loan, Overdraft and EMI based loan. Repay your gold loan in easy lower EMIs, over a tenor of your choice.
    6. The documentation process is easy and simple.
    7. Dena Bank will not ask the reason behind the gold loan; one can use this loan amount according to their requirement.
    8. Different forms of Gold ornaments accepted.
    9. Gold Bangles, Gold rings, Gold anklets and Gold necklace many more, Gold bars, Gold Bricks, Gold biscuits, and Gold coins are acceptable. The purity of gold that is acceptable here is 18carat-22carat.
    10. Dena Bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure.

    How Much Gold Loan Can I Get Through Dena Bank Gold Loan?

    According to the latest gold prices, Dena Bank is offering gold loans per gram ₹ 3,506 to ₹ 4,621. The highest gold loan rate per gram from Dena Bank today is ₹ 5,121 for 24-carat jewellery calculated at a maximum LTV of 75% and average gold loan prices of the last 30 days in 2021 are ₹ 3,506 to ₹ 4,621 of 22 carats.

    Dena Bank Gold Loan Per Gram-Updated Jul 26 2021

    Updated - Gold Loan Per Gram Rate w.e.f Jul 26 2021

    Gold Weight Gold Purity
    24 Carat
    Gold Purity
    22 Carat
    Gold Purity
    20 Carat
    Gold Purity
    18 Carat
    1 gram 4621 4290 3900 3510
    10 gram 46210 42900 39000 35100
    20 gram 93600 85800 78000 70200
    30 gram 140400 128700 117000 105300
    40 gram 187200 171600 156000 140400
    50 gram 234000 214500 195000 175500
    100 gram 468000 429000 390000 351000
    200 gram 936000 858000 780000 702000
    300 gram 1404000 1287000 1170000 1053000
    400 gram 1872000 1716000 1560000 1404000
    500 gram 2340000 2145000 1950000 1755000

    About Dena Bank Gold Loan

    Dena Bank Gold LoanDena Bank is one of the oldest private banks in India, headquartered in Mumbai. The bank was established on 26 May 1938, by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. The bank is one of the nationalized banks of India.

    The bank was established under a Public Limited Company in December 1939, and later the name was changed to Dena Bank Ltd. The bank has 1874 branches.

    Dena Bank of India offers loans against gold at contentious interest rates. The pledged gold safely in the bank locker, and the borrower does not have to worry about their Gold safety. The prices of gold, as well as all other charges, are transparently announced to the borrower upfront before sanctioning the Gold Loan amount.

    Hence the applicant does not have to worry about the hidden fees on their gold loan. A gold loan is a loan in which a borrower can get a loan against their gold. The loan is secured. The bank will take a borrower’s gold as a security.

    • Dena Bank Gold Loan Interest Rate is 7% per annum
    • Dena Bank Gold Loan Per Gram Rate is ₹ 3,506 to ₹ 4,621
    • Dena Bank Gold Loan Tenure: Up to 36 months
    • Dena Bank Gold Loan Processing Fee is Up to 0.75% of the Loan Amount + GST

    Dena Bank Gold Loan Eligibility

    Primary Eligibility criteria for availing the Dena Bank Loan against Gold is: 

    Age 18-75 years
    Requirements Gold ornaments (18-22 carats)
    CIBIL score Above 500
    Nationality Indian

    Dena Bank Gold Loan Documents Required

    Documents required to avail of Gold Loan at Dena Bank  are :

    Identity Proof Aadhar Card/Passport/ Voter ID/ Pan Card/ (Any one)
    Residence Proof Aadhar Card /Pan Card/ Ration Card/ Rental Agreement of applicant/ Voter ID card/ Utility Bills on the name of the applicant (Anyone)
    Agriculture Proof ( if applicable) Agriculture Land Ownership Proof
    Photographs 2 Passport sized colored

    Dena Bank Gold Loan Interest Rate, Fees, and Charges

    Dena Bank Gold Loan Interest Rate 7% per annum per annum
    Processing Fee
    0.75% of the Principal Loan Amount
    Prepayment/Foreclosure Charges
    2%+GST (Within 3 Months), 0 (After 3 months)
    Valuation Fee
    Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs
    Late Repayment Charges
    2% p.a. + Applicable rate of interest.
    Renewal Processing Fees
    Rs 350 + GST

    Apply Dena Bank Loan Against Gold Online

    • Visit Dialabank‘s website.
    • Fill a gold loan application form.
    • Our relationship manager will contact you on your provided number.
    • With the help of our experts, find and choose the best and apply gold loan for yourself.
    • For any assistance regarding a gold loan in Dena Bank, you can contact on the number 9878981144.

    Dena Bank Gold Loan EMI Calculator

    Rate of Interest 6 months 1 Yr 2 Yrs 3 Yrs
    7.00% 17008 8652 4477 3088
    8.00% 17058 8699 4523 3134
    8.50% 17082 8722 4546 3157
    9.00% 17107 8745 4568 3180
    9.50% 17131 8678 4591 3203
    10.00% 17156 8791 4614 3227
    10.50% 17181 8815 4637 3250
    11.00% 17205 8838 4661 3274
    11.50% 17230 8861 4684 3298
    12.00% 17254 8885 4707 3321
    12.50% 17279 8908 4731 3345
    13.00% 17304 8932 4754 3369
    13.50% 17329 8955 4778 3393
    14.00% 17354 8979 4801 3418
    14.50% 17378 9002 4825 3442
    15.00% 17403 9026 4845 3466

    How To Pay Your Dena Bank Gold Loan EMI?

    1. Standing Instruction (SI): for Dena Bank record holders.
    2. Electronic Clearing Service (ECS): for non-Dena Bank account holders.
    3. Post-Dated Checks (PDC): to enable post-dated EMI cheques from a non-Dena Bank account.

    Gold Ornaments Accepted By Dena Bank

    All kinds of gold jewellery such as Gold Bangles, Gold rings, Gold anklets, and Gold necklaces, (18-24 carats) all of these are accepted for availing a Gold Loan.

    Uses Of Dena Bank Gold Loan

    • To finance personal expenses like vacation expenses, tuition fees etc.
    • Finance business needs like buying inventory, plant etc.
    • Gold against the loan for agricultural purposes.

    Dena Bank Agricultural Jewel Loan Scheme

    Scheme  Agricultural Jewel Loan Scheme
    Interest Rate  Starting from7% per annum (depends on the sum of the loan
    Least amount of Loan Depends on the value of  jewel which is being kept as security
    Loan period Adjustment of advance sum inside 2 months from the date of reap of yields

    Benefits Of Dena Bank Agricultural Jewel Loan Scheme

    • There is no processing fee is applicable up to ₹ 25,000.
    • 0.30% of the loan amount, Minimum of ₹ 300 charge is applicable to the amount ranging from above ₹  25,000 – less than ₹ 5 lakh.
    • 0.28% of the credit sum, subject to at least Rs.1,500 is applicable to the amount more than Rs.5 lakh however under Rs.1 crore.

    Dena Bank Gold Loan Overdraft Scheme

    Dena Bank Offers an Overdraft Scheme. With this, you are provided loan amount as an overdraft facility. It works like a Credit Card, where you can spend your Gold Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In the Dena Bank Gold Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.

    Dena Bank Gold Loan Highlights

    Age 18 – 70 years
    Minimum Loan Amount Rs. 1000
    Maximum Loan Amount Rs. 1 Crore
    Dena Bank Gold Loan Interest Rate  7% per annum
    Loan Tenure  Up to 36 months
    Gold Items accepted Jewellery and gold coins sold by banks
    Dena Bank Gold Loan Processing Charges 0.75% of the loan amount

    How Does Dena Bank Gold Loan Work, Here’s An Example

    The suitability of the loan is determined on the basis of the purity of gold, LTV, and the weight of gold. Suppose Mr. A and his two friends Mr. B and Mr. C have different gold values ​​for different purity. Mr. A has 50 grams of gold per 22-carat purity. Mr. B has 60 grams of gold in 20 carats of purity and Mr. C has 70 grams of gold in purity or 22 carats. They approached the Dena Bank to get a gold loan. The price used to calculate the suitability of their gold loan according to the high 85% LTV will vary with the purity of the gold and therefore, will lead to the validity of the gold loan.

    FAQs About Dena Bank Gold Loan

    What is Dena Bank Gold Loan?

    Dena Bank Gold Loan is a loan against a gold scheme that comes with the maximum funding of 75% of the total market value of your gold. The loan amount can be used for all your personal and business needs. Gold Loan by Dena Bank is a financial product that can fulfil your short term fiscal requirements. If you are above 18 years and are a permanent resident of the country with possession of gold, you can apply for Dena Bank Gold Loan.

    How can I get a Gold Loan from Dena Bank?

    • Fill in your required information in the gold loan form available on Dialabank.
    • Our trained Relationship Manager will help you find the best offers in 2021.
    • We will suggest you the loan according to your eligibility.
    • Kindly visit the nearest assigned branch by the manager.
    • Get the loan in your accounts instantly.

    How much Gold Loan can I get per gram in Dena Bank?

    Per gram Gold Loan rates in Dena Bank varies according to the purity of your gold and the current prevailing market rates. ₹ 3,506 to ₹ 4,621 is the standard price for gold per gram.

    What is the Gold Loan interest rate in Dena Bank?

    Dena Bank Gold Loan interest rates can be as low as 7% per annum depending on the amount and the purpose of your loan. They also charge some documentation, valuation, and processing fee from the applicant.

    How to check Dena Bank Gold Loan status?

    You can immediately check the status of Gold Loan by contacting the loan officer at your loan branch.

     How to calculate Gold Loan Interest in Dena Bank? 

    You can easily calculate the gold loan interest rate in Dena Bank by subtracting the principal amount from the total sum to be paid.

    What is the maximum loan amount I can avail on Gold Loan from Dena Bank?

    You can get a maximum amount of Rs 1 crore on a Dena Bank Gold Loan as the bank offers around 75% of the gold ornaments’ market value.

    What is the loan tenure of Dena Bank Gold Loan?

    The maximum tenure of your Dena Bank Gold Loan is up to 36 months. However, kindly renew your loan plan after a year.

    How much is Processing Fee applicable on Dena Bank Gold Loan?

    A processing fee of 0.75% of the loan amount is charged.

    ✅ How to renew Dena Bank Gold Loan?

    Renewal of Gold Loan can be done after the end of tenure by visiting the bank with all the loan documents. New terms are decided after revaluation of your gold, and the loan is renewed for another time.

    How to renew Dena Bank Gold Loan online?

    Renew your Gold Loan with Dena Bank by visiting the branch with your loan documents. Your gold will undergo a revaluation process, and upon confirmation of terms, your Gold Loan will be renewed for another tenure.

    What are the charges for renewal in Dena Bank Gold Loan?

    Bank charges approximately Rs. 250- Rs. 500 for renewal of the gold loan.

    What are the charges for Pre-payment in Dena Bank Gold Loan?

    Dena Bank charges 0-2% for pre-payment of the gold loan.

     How to pay Dena Bank Gold Loan Interest online?

    For Dena Bank account holders, online payments can be made through the bank’s online portal or mobile application via net banking, debit cards or mobile wallets such as Paytm.

    What if I cannot pay the interest on Dena Bank Gold Loan for 3 months?

    If someone defaults on the payments of Dena Bank Gold Loan interest for 3 months, a penalty fee will be charged by Dena Bank. Many defaults can lead to the bank selling off your gold jewellery.

    How can I apply for EMI Moratorium on Dena Bank Gold Loan?

    You can apply for EMI Moratorium on Dena Bank Gold loan online by logging in to the bank’s portal with your credentials or by personally visiting the main branch. The moratorium request should be submitted at least five working days before the due date of your EMI.

    How to pay Dena Bank Gold loan through credit card?

    Paying Dena Bank gold loan through credit card is not permitted as per RBI issued guidelines.

    What is Dena Bank Gold Loan Overdraft Scheme

    Dena Bank Offers an Overdraft Scheme. With this, you are provided a loan amount as an overdraft facility. It works like a Credit Card, where you can spend your Gold Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In Dena Bank Gold Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.

    What is the foreclosure procedure for Dena Bank Gold Loan?

    Dena Bank empowers a borrower to .50% on the key excellent if there should be an event of a Gold Loan Foreclosure.

    What is the Dena Bank Gold Loan closure procedure?

    The Gold loan will only close after the payment is done in full.

    ✅ What is Dena Bank Gold Loan Preclosure charges?

    The Bank preclosure charges are 2%+GST (Within 3 Months), 0 (After 3 months)

     What is the maximum gold loan tenure?

    The maximum gold loan tenure is 36 months.

     What is the minimum gold loan tenure?

    The minimum gold loan tenure is 6 months.

    What is the customer care number for Dena Bank Gold Loan?

    All the queries regarding Dena bank is answered at 9878981144.

    News about Dena Bank Gold Loan 

    Customer Queries regarding the amalgamation of Vijaya Bank and Dena Bank answered by Bank of Baroda

    The amalgamation of 3,898 bank branches of Vijaya Bank and Dena Bank had been completed by the Bank of Baroda. All over India as of now, there will be 8,248 state branches and 10.318 ATMs. Some of the customer queries were even answered by the Bank of Baroda in respect to the amalgamation.

    Exclusion of Vijaya Bank and Dena Bank in consequences of the ceasing of operations 

    Vijaya Bank and Dena Bank have been excluded from the second schedule of the Reserve Bank of India in consequence of their business being ceased. The lenders were amalgamated into the Bank of Baroda and hence ceased to function independently.

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