Dena Gujrat Gramin Bank Gold Loan Key Features – Apply Now
Dena Gujrat Gramin Bank Gold Loan Collateral | Gold ornaments |
Dena Gujrat Gramin Bank Gold Loan per gram | depends on the purity of gold |
Dena Gujrat Gramin Bank Gold Loan Age of Borrower | 18 – 75 years |
Dena Gujrat Gramin Bank Gold Loan Max Loan Amount | Up to 20 lakh |
Dena Gujrat Gramin Bank Gold Loan Max LTV Ratio | 75% LTV |
Dena Gujrat Gramin Bank Gold Loan purity of Eligible gold | 18 carat- 22 carat gold |
Dena Gujrat Gramin Bank Gold Loan Maximum Loan Tenure | Up to 36 months |
Advantages of Dena Gujrat Gramin Bank Gold Loan
Transparent System: Firstly, the system of the gold loan is very clear therefore, there are no hidden norms
No Debt Burden: Moreover, There can be situations in which an applicant is not able to repay the loan amount in such a case the applicant will not be under debts as the bank will only confiscate the ornaments.
Low Rate of Interest: Major advantage, the applicant will have to pay the least interest rate in comparison to other loans.
Advantage on the rate of interest for Farmers: As a matter of fact, The farmers are given a rebate on the interest rate on availing this service.
No Income bounds: There are no restrictions on the salary or income of the applicant hence, anyone with any income rage can avail a gold loan.
Security of Assets: One of the major advantage, the applicant does not has to worry about the safety of the ornaments as it is the headache of the bank and not the owner.
Fast Process: This is a secured loan therefore, you can get your gold loan disbursed in just 30 minutes
Minimal Documents: Lastly, the applicant has to submit very fewer documents to avail a gold loan which makes it a hassle-free service.
Foreclosure: The bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure.
How Much Loan Can I Get Through Dena Gujrat Gramin Bank?
Dena Gujrat Gramin Bank Gold Loan Rates/ Gram – Updated January 2021 | ||||
Weight | Loan on 18Cr gold | Loan on 20Cr gold | Loan on 22Cr gold | Loan on 24Cr Gold |
1 gm | 2450 | 2732 | 3015 | 3297 |
10 gms | 24500 | 27320 | 30150 | 32970 |
20 gms | 49000 | 54640 | 60300 | 65940 |
30 gms | 73500 | 81960 | 90450 | 98910 |
50 gms | 122500 | 136600 | 150750 | 164850 |
100 gms | 245000 | 273200 | 301500 | 329700 |
200 gms | 490000 | 546400 | 603000 | 659400 |
300 gms | 735000 | 819600 | 904500 | 989100 |
500 gms | 1225000 | 1366000 | 1507500 | 1648500 |
About Dena Gujrat Gramin Bank Gold Loan
Dena Gujrat Gramin Bank is a rural bank that came into existence in the year 2005. This Bank was established after the merger of three rural banks that are Banaskantha Mehsana Gramin Bank, Kutch Gramin Bank, and Sabarkantha Gandhinagar Gramin Bank.
Furthermore, this bank works under the sponsorship of Dena Bank. You can easily avail financial services like Personal Loan, Gold Loan from this bank. Also, this bank has 236 branches. Thus, you can easily avail a Gold loan in your village.
Dena Gujrat Gramin Bank Gold Loan Eligibility
Age | 18-75 years |
Requirements | Gold ornaments (18-22 carats) |
CIBIL score | Above 500 |
Nationality | Indian |
Dena Gujrat Gramin Bank Gold Loan Documentation
Identity Proof | Aadhar Card/Pan Card/ Passport/ Voter ID (Any one) |
Residence Proof | Aadhar Card /Pan Card/ Ration Card/ Utility Bills on the name of the applicant/ Rental Agreement of applicant/ Voter ID card (Any one) |
Agriculture Proof ( if applicable) | Agriculture Land Ownership Proof |
Photographs | 2 Passport sized coloured |
Dena Gujrat Gramin Bank Gold Loan Interest Rates, Fees and Charges
Gold Loan Rate | 10.70% |
Processing Fee | 0.85% of the loan amount + GST |
Loan to Gold value | Up to 75% |
Pre-payment Charges | 0- 2% |
Types of Dena Gujrat Gramin Bank Gold Loan
- The agricultural loan provided to farmers for agricultural purposes at a special rate of interest.
- Non- agricultural purpose loan against gold provided to individuals for all kinds of purposes except agrarian purpose. The rate of interest is slightly higher.
Dena Gujrat Gramin Bank Gold Loan Apply Online
- Visit Dialabank
- Fill the Gold Loan form
- Wait for our relationship manager to contact you with the best offers.
Dena Gujrat Gramin 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 Gujrat Gramin Bank Gold Loan EMI?
Your Dena Gujrat Gramin Bank gold loan can be repaid in the following ways:
- Standing Instruction (SI): If you are a current record holder with the Dena Gujrat Gramin Bank, Standing Instruction is the best method of repayment.
- Electronic Clearing Service (ECS): This can be utilised if you have a non-Ujivan Small Finance Bank account and might want your EMIs to be charged consequently.
Dena Gujrat Gramin Bank Gold Loan Contact Number
For any assistance in case of a gold loan from Dena Gujrat Gramin Bank required you may contact on the number 9878981144.
Gold Ornaments Accepted by Dena Gujrat Gramin Bank
Gold jewellery in any form like Gold Bangles, rings, anklets, and Gold necklaces, are accepted for availing a Gold Loan provided they are between 18-24 carats.
Uses of Dena Gujrat Gramin Bank Gold Loan
The loan amount acquired by availing the Dena Gujrat Gramin Bank Gold Loan service can be used for several purposes such as:
- To finance personal expenses like a wedding, travel, medical bills, etc.
- For all your financial business requirements, such as buying raw material, inventory, etc.
Benefits of Capital First Bank Agricultural Jewel Loan Scheme
- Up to ₹ 25,000, there is no processing fee.
- A minimal amount of ₹ 300 or 0.30% of the loan amount on the amounts above 25,000 till 5 lakhs.
- A minimal amount of ₹ 1500 or 0.28% of the loan amount on the amounts more than 5 lakh till less than 1 crore.
Capital First Bank Agricultural Jewel Loan Scheme
Scheme | Capital First Agricultural Jewel Loan Scheme |
Interest Rate | Starting from 7% (depends on the sum of the loan |
Least amount of Loan | Depends on the value of the jewel which is being kept as security |
Loan period | Adjustment of advance sum inside 2 months from the date of reap of yields |
Dena Gujrat Gramin Bank Gold Loan Overdraft Scheme
For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at the bank is provided, it gives you an online way to get your own overdraft, also known as Smartdraft – Overdraft Against Salary. You do not need to visit bank branches and go through a boring process. Just log in to the bank’s online banking portal and from there you can fill out a simple form and get an overdraft under your name.
FAQs About Dena Gujrat Gramin Bank Gold Loan
✅ What is Dena Gujrat Gramin Bank Gold Loan?
Dena Gujrat Gramin Bank Gold Loan is a secured loan that can be availed by using your gold as a security with the bank. The Dena Gujrat Gramin Bank Gold Loan is an instant solution for all your urgent monetary needs. The rate of interest starts at 10.70% per annum with a maximum loan tenure of 12 months.
✅ How can I get Gold Loan from Dena Gujrat Gramin Bank?
You can avail Gold Loan from the Dena Gujrat Gramin Bank is a hassle-free and straightforward process:
- Fill in your vital information in the form available on Dialabank.
- Our trained Relationship Manager will get in touch with you within 30 minutes.
- We will suggest you the loan according to your requirements, in your specific city.
- Visit the assigned branch of the bank.
- Get the loan sanctioned in just 30 minutes.
✅ How much Gold Loan can I get per gram in Dena Gujrat Gramin Bank?
The loan rate per gram of gold by Dena Gujrat Gramin Bank varies daily, and you will have to contact the customer care executive for the same. The bank gives a Loan to Value of 75%.
✅ How does Dena Gujrat Gramin Bank Gold Loan work?
The Dena Gujrat Gramin Bank Gold Loan is a secure credit availing service available for those who have urgent cash requirements and can pledge gold ornaments as collateral security. Once the gold pledged with the bank is valued, the bank processes the loan amount in your indicated account immediately. Various repayment options are available for repaying the loan.
✅ What is the Gold Loan interest rate in Dena Gujrat Gramin Bank?
The rate of interest depends on the total amount of the loan and the purpose of the loan. Dena Gujrat Gramin Bank rate of interest begins from 10.49% per annum.
✅ What is the maximum loan amount I can avail on Gold Loan from Dena Gujrat Gramin Bank?
You can get a maximum amount of Rs 1 crore on a Dena Gujrat Gramin Bank Gold Loan as the bank offers around 75% of the gold ornaments’ market value.
✅ What is the loan tenure of Dena Gujrat Gramin Bank Gold Loan?
The maximum tenure of your Dena Gujrat Gramin Bank Gold Loan is up to 36 months. However, you’ll be required to renew your loan plan after a year.
✅ How much Processing Fee is applicable on Dena Gujrat Gramin Bank Gold Loan?
A processing fee of up to 1% of the loan amount or ₹1000 whichever is higher is charged.
✅ What if I can’t pay the interest on Dena Gujrat Gramin Bank Gold Loan for 3 months?
If someone defaults on the payments of Dena Gujrat Gramin Bank Gold Loan interest for 3 months, a penalty fee is charged on the total amount due and in case of repeated defaults, the bank will have the authority to auction your gold ornaments to recover the amount publicly.
✅ How can I apply for EMI Moratorium on Dena Gujrat Gramin Bank Gold Loan?
You can apply for the Dena Gujrat Gramin Bank Gold loan moratorium online by logging in with your credentials or by personally visiting the main branch. The moratorium request has to be submitted at least five working days before the due date of your EMI.
✅ What is the Dena Gujrat Gramin Bank Gold Loan customer care number?
For contacting the Dena Gujrat Gramin Bank Gold loan customer care just dial 9878981144.
✅ What is the Dena Gujrat Gramin Bank Gold Loan closure procedure?
- Just go to the bank with the documents.
- Write a letter for pre-closure of the bank account.
- Pay the pre-closure charges as per the bank.
✅ What is the Dena Gujrat Gramin Bank Gold Loan preclosure charge?
Up to 2% preclosure charge before 3 months, after that 0.50%.
✅ What is the Dena Gujrat Gramin Bank Gold Loan maximum tenure?
The maximum tenure of the Dena Gujrat Gramin Bank Gold loan is 36 months.
✅ What is the Dena Gujrat Gramin Bank Gold Loan minimum tenure?
The minimum tenure for the Dena Gujrat Gramin Bank Gold Loan is 12 months.
✅ What are the foreclosure charges in Dena Gujrat Gramin Bank Gold Loan?
The bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure
Other Major Gold Loan Providers
Table of Contents
- 1 Dena Gujrat Gramin Bank Gold Loan Key Features – Apply Now
- 2 Advantages of Dena Gujrat Gramin Bank Gold Loan
- 3 How Much Loan Can I Get Through Dena Gujrat Gramin Bank?
- 4 About Dena Gujrat Gramin Bank Gold Loan
- 5 Dena Gujrat Gramin Bank Gold Loan Eligibility
- 6 Dena Gujrat Gramin Bank Gold Loan Documentation
- 7 Dena Gujrat Gramin Bank Gold Loan Interest Rates, Fees and Charges
- 8 Types of Dena Gujrat Gramin Bank Gold Loan
- 9 Dena Gujrat Gramin Bank Gold Loan Apply Online
- 10 Dena Gujrat Gramin Bank Gold Loan EMI Calculator
- 11 How to Pay Your Dena Gujrat Gramin Bank Gold Loan EMI?
- 12 Dena Gujrat Gramin Bank Gold Loan Contact Number
- 13 Gold Ornaments Accepted by Dena Gujrat Gramin Bank
- 14 Uses of Dena Gujrat Gramin Bank Gold Loan
- 15 Benefits of Capital First Bank Agricultural Jewel Loan Scheme
- 16 Capital First Bank Agricultural Jewel Loan Scheme
- 17 Dena Gujrat Gramin Bank Gold Loan Overdraft Scheme
- 18 FAQs About Dena Gujrat Gramin Bank Gold Loan
- 18.1 ✅ What is Dena Gujrat Gramin Bank Gold Loan?
- 18.2 ✅ How can I get Gold Loan from Dena Gujrat Gramin Bank?
- 18.3 ✅ How much Gold Loan can I get per gram in Dena Gujrat Gramin Bank?
- 18.4 ✅ How does Dena Gujrat Gramin Bank Gold Loan work?
- 18.5 ✅ What is the Gold Loan interest rate in Dena Gujrat Gramin Bank?
- 18.6 ✅ What is the maximum loan amount I can avail on Gold Loan from Dena Gujrat Gramin Bank?
- 18.7 ✅ What is the loan tenure of Dena Gujrat Gramin Bank Gold Loan?
- 18.8 ✅ How much Processing Fee is applicable on Dena Gujrat Gramin Bank Gold Loan?
- 18.9 ✅ What if I can’t pay the interest on Dena Gujrat Gramin Bank Gold Loan for 3 months?
- 18.10 ✅ How can I apply for EMI Moratorium on Dena Gujrat Gramin Bank Gold Loan?
- 18.11 ✅ What is the Dena Gujrat Gramin Bank Gold Loan customer care number?
- 18.12 ✅ What is the Dena Gujrat Gramin Bank Gold Loan closure procedure?
- 18.13 ✅ What is the Dena Gujrat Gramin Bank Gold Loan preclosure charge?
- 18.14 ✅ What is the Dena Gujrat Gramin Bank Gold Loan maximum tenure?
- 18.15 ✅ What is the Dena Gujrat Gramin Bank Gold Loan minimum tenure?
- 18.16 ✅ What are the foreclosure charges in Dena Gujrat Gramin Bank Gold Loan?
- 19 Other Major Gold Loan Providers