Dena Gujrat Gramin Bank Gold Loan

AT 0.49%* INTEREST RATE
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    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 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
    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 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

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

    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
    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 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.

    How can I get Gold Loan from Dena Gujrat Gramin Bank?

    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%.

    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 myself 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 per gram Foreclosure.

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