J and K Grameen Bank Gold Loan

Gold Rate: ₹ 5,121 Per Gram

⍟ Interest Rate 7.0% p.a. ⍟

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.
Unlock the Real Value of your Gold
Lowest Rate of Interest
Get Money in 30 Mins
Loan Amount Up to 1 Crore
Loan Tenure Up to 48 Months
Unbiased Experts Advice

All About J and K Grameen Bank Gold Loan

J and K Grameen Bank Gold Loan

J&K Grameen Bank was set up while RRBs viz. JRB and KRB under GOI Notification dated 30th June 2009 issued under subsection (1) of section 23A of the Reginal Rural Bank Act, 1976 (21 of 1976).The area of operation of the back is extended to 11 Districts, besides some parts of District Srinagar and Ganderwal of J&K State. The network of the bank consists of six Regional Offices and 217 branches. The primary objective of the Bank is to improve the economy of rural, semi-urban & urban centres. The bank provides a lot of financial services like Personal Loan, Gold Loan, Home Loan and many more. To easily avail a Gold Loan Click Here.

J and K Grameen Bank Gold Loan Key Features

Collateral Gold ornaments
Gold Loan per gram
variable depending on the purity of gold
Age of Borrower 21 – 70 years
Maximum Loan Amount Up to 15 lakhs
Maximum Loan to Gold Value Ratio Up to 70%
The purity of Eligible gold 18 carat to 22-carat gold
Loan Tenure up to 12 months

About Gold Loan

Loan on Gold is a loan in which a borrower can get a loan against gold. It is a secured loan. In the gold, loan bank will take borrower’s gold to give the loan to the borrower. Bank will receive a borrower’s gold as a security.  Bank will take the full responsibility of the borrower’s gold.

Loan On Gold Highlight

1. Firstly Lower interest rate.
2. Secondly Faster processing.
3. Thirdly, Your Gold is safe and secured in a bank locker.
4. You can use the gold loan money for any personal purpose.
5. Basic documentation only, No CIBIL score.
6. Furthermore, Flexible repayment options as well as lower monthly outflow.
7. Beside that Low processing fees.
8. No prepayment or foreclosure charges.
9. Bad credit history, not an issue.
10. Instant Processing and Disbursal.
11. Besides, You can borrow in thousands to 15 lakhs.

J and K Grameen Bank Gold Loan Interest Rate, Fees and Additional Charges

In general loan on gold, the credit is available at a low-interest rate. Moreover, the reason behind that the Gold Loan comes in the category of secured loans. So the Gold interest rates are less than that of a personal loan or any other kind of loans. Though the gold loan rate keeps on changing time to time as well as person to person.
 
Gold Loan Rate 10.70% p.a.
Repayment Scheme
Bullet Repayment Scheme, Overdraft Scheme
Prepayment Charges Nil
Service Charges variable
Document Charges variable
Gold Valuation Charges
Up to Rs 5.00 lacs – Rs 500.00 plus applicable GST.
Above Rs 5.00 lacs – Rs 700.00 plus applicable GST.
Processing Fee Rs. 500 + GST

J and K Grameen Bank Gold Loan Eligibility

Age 21-70 years of age
Nationality Indian
Employment Status
Salaried, Self-Employed
Gold Quality, Quantity
Minimum 18 Carats, minimum 10 grams
Requirements
Gold ornaments (18-22 carats)
CIBIL score Above 500

J and K Grameen Bank Gold Loan Documents Required

Photographs
2 Passport-Sized latest coloured photos
Identity Proof
Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)
Residence Proof
Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)
Agricultural Land Proof
Required only if the Loan is taken for Agricultural Purpose. In the case of Agriculture Loan on the gold of more than Rs. 1 lakh there is no requirement of proof for allied agriculture purposes.
Demand Promissory Note
Certificate by the Jewel Appraiser (Bank will arrange)

J and K Grameen Bank Gold Loan Benefits

1. Firstly, You can get a gold loan online, no need to go anywhere.
2. Secondly, High Funding is avail to the customers
3. Thirdly, it also provides Gold Loan with the flexible repayment scheme with multiple options.
4. Additionally, there are no prepayment charges in Bandhan Bank
5. Bandhan Bank also provides instant approval and sanctioning of the Loan
6. Moreover, J&K Gramin Bank Gold Loan also offers quick disbursals
7. Bandhan bank also requires minimum documentation for the loan approval
8. Furthermore, it also provides safe and secure custody of the Gold
9. Additionally, it also provides a low rate of interest
10. J and K Grameen Bank Gold Loan also provides a maximum of Rs 10 lakh loan
11. Lastly, You can easily apply for the Gold Loan in Bandhan Bank.

How Much Can I Get Through J and K Grameen Bank Gold Loan?

J and K Grameen Bank Gold Loan Rates/ Gram  
Weight Loan on 18Cr Gold Loan on 20Cr Gold Loan on 22Cr Gold Loan on 24Cr Gold
1 gm 2441 2723 3006 3288
10 gms 24410 27230 30060 32880
20 gms 48820 54460 60120 65760
30 gms 73230 81690 90180 98640
50 gms 122050 136150 150300 164400
100 gms 244100 272300 300600 328800
200 gms 488200 544600 601200 657600
300 gms 732300 816900 901800 986400
500 gms 1220500 1361500 1503000 1644000

How to apply for J and K Grameen Bank Gold Loan?

To start, the best option to apply for a gold loan is through Dialabank. When you apply through Dialabank, you will not have to worry about finding the best choice near you. Also, We provide all our services free of cost. Follow the steps to get a loan very easily:
 
1. Firstly, you can easily Apply Online through our website. To do so, Click Here.
2. Secondly, the loan seeker has to fill a form Online with current information.
3. Thirdly, you get a call from our Relationship Manager to clear all doubts and to assist you in the entire process of the loan.
4. Also, the best Gold Loan Interest Rate is suggested to you by our managers.
5. Also, you can check your eligibility for further clarification of the approval of a loan.
6. Furthermore, Deposit all the documents required as proofs in the banks.
7. Finally, the loan is approved in a few minutes as well as disbursed within a day.
8. Besides the above process, If you want to talk to us directly, call us at 9878981144.

Why Dialabank for online Gold Loan?

  1. Dialabank helps solve all of your queries.
  2. You can apply for the best loans through Dialabank without getting out of your houses.
  3. Dialabank helps you compare all the offers and choose the one that fits your best.
  4. Dialabank does not charge for its services.
  5. There are no hidden charges.

J and K Grameen 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

J and K Grameen Bank Gold Loan FAQs

✅ What is J and K Grameen Bank Gold Loan?

J and K Grameen Bank gold loan is funding provided by the J and K Grameen Bank to its customers and borrowers. The loan is very easy to avail of and is disbursed in a few hours. It is the answer to all the financial requirements.

✅ How Can I Get Gold Loan From J and K Grameen Bank?

To get a gold loan From J and K Grameen Bank, you can visit it’s nearest bank branch with your documents and gold jewellery or apply online through its digital platform. You can also apply online through Dialabank.

 ✅How much Gold Loan Can I get per gram from J and K Grameen Bank?

The gold loan per gram that you can get from J and K Grameen Bans is affected by a lot of factors such as the value of your collateral and its purity. The bank gives a 70% loan to collateral value.

✅ How Does J and K Grameen Gold Loan work?

J and K Grameen Loan works in a way that facilitates its customers. All the borrowers have to do is take their documents and gold collateral, which will be valued at the bank. After the valuation, the bank will offer a loan amount. If accepted by the customer, the amount will be sanctioned.

✅ What is the Gold Loan interest rate in J and K Grameen Bank?

The gold loan interest rate in J and K bank starts at just 10.70%. This can go up if you don’t have a stable income or a good CIBIL score.

✅What is the maximum gold loan amount I can avail of on a gold loan from J and K Grameen Bank?

J and K Grameen Bank allows you to avail of a maximum loan amount of Rs. 15 lakhs. The lowest amount allowed is Rs. 10 thousand.

 ✅How much processing fee is applicable to the J and K Grameen Bank Gold loan?

The applicable processing fee on the J and K Grameen Bank gold loan a meagre Rs. 500. You don’t have to pay this amount separately as this will be deducted from your loan amount.

✅ What are the charges for pre-payment in the J and K Grameen Bank gold loan?

The prepayment charges on the J and K Grameen Bank gold loan nil. You don’t have to pay anything to prepay or foreclose your loan.

✅What if I can’t pay the interest on the J and K Grameen Bank Gold loan for 3 months?

If you fail to pay your J and K Grameen Bank gold loan interest for 3 months, the bank will first serve you with a legal notice and might charge you a high late fee. Moreover, your credit score will be affected negatively and your gold jewellery will be seized.

✅How can I apply for the EMI moratorium on the J and K Grameen Bank Gold loan?

Applying for an EMI Moratorium on the J and K Grameen Bank Gold loan is very easy. You have to visit the bank branch or its website for that, only until 5 days before you have to pay your EMI

Others Major Gold Loan Providers 

Menu