Dena Gujrat Gramin Bank Gold Loan

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 Gold Loan 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 Gold loan 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:

1. Standing Instruction (SI): If you are a current record holder with the Dena Gujrat Gramin Bank, Standing Instruction is the best method of repayment.
2. 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 Gold Loan Per Gram 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.

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