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 range can avail of a loan against gold.
Security of Assets: One of the major advantages, 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 apply online for 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 per gram Foreclosure.
How many loans 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|
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 of financial services like Personal loans, Gold loans from this bank. Also, this bank has 236 branches. Thus, you can easily avail of a Gold loan in your village.
Dena Gujrat Gramin Bank Gold Loan Eligibility
|Requirements||Gold ornaments (18-22 carats)|
|CIBIL score||Above 500|
Dena Gujrat Gramin Bank Gold Loan at Home
Gold Loan at Home is a doorstep loan service that allows you to borrow money without leaving your home. The service is quick, flexible, and cost-effective, with low-interest rates. Before submitting a loan request, you may use the gold loan calculator to determine the worth of your gold or the loan amount. Getting a Gold Loan at home is a simple and quick process that takes only a few minutes.
One of our employees will contact you and visit your home within 30 minutes. The necessary gold loan amount will be delivered immediately to your bank account after all e-documentation and gold identification are completed at your home.
The benefits of getting a gold loan at your doorsteps are:
- Access To Your Loan Account 24 X 7
- Diverse Range of Gold Loan Schemes
- You can get free insurance for your Gold
- There are no hidden fees.
- You will get the maximum value of your Gold
- You can avail your Gold Loan in just 1 visit
- Service at Your Door in 30 Minutes
- Pre & Part Payment Facility
- Your Gold will just be released the same day.
Dena Gujrat Gramin Bank Gold Loan Documentation
|Identity Proof||Aadhar Card/Pan Card/ Passport/ Voter ID (Anyone)|
|Residence Proof||Aadhar Card /Pan Card/ Ration Card/ Utility Bills on the name of the applicant/ Rental Agreement of applicant/ Voter ID card (Anyone)|
|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 is provided to farmers for agricultural purposes at a special rate of interest.
- Non- agricultural purpose loans against gold are provided to individuals for all kinds of purposes except agrarian purposes. 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|
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 utilized 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 gold loan rate of interest starts at 10.70% per annum with a maximum loan tenure of 12 months.
You can avail Jewellery 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%.
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.
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.
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.
A processing fee of up to 1% of the loan amount or ₹1000 whichever is higher is charged.
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.
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 per gram Foreclosure.