Kashi Gomti Samyut Gramin Bank Gold Loan Calculator

GET GOLD LOAN
AT LOWEST INTEREST RATE

⍟  Highest Rate Per Gram
⍟  Lowest Interest Rate of 0.79% p.m.

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    Kashi Gomti Samyut Gramin Bank Gold Loan Calculator

    What Is Kashi Gomti Samyut Gramin Bank Gold Loan Calculator

    If you can’t keep up with different interest rates on EMI tryKashi Gomti Samyut Gramin Bank Gold Loan Calculator Kashi Gomti Samyut Gramin Bank Gold Loan Calculator. Many banks in India provide gold loans, but the interest rate offered by banks varies, and calculating these EMIs is nothing but trouble.

    The calculation should be precise as wrong analysis will lead to the wrong choice of Bank and interest rate, which can be bad for your decision making. Try Kashi Gomti Samyut Gramin Bank Gold Loan Calculator as it deals with all different interest rates provided by banks.

    Kashi Gomti Samyut Gramin Bank Gold Loan Calculator is a user-friendly tool developed by Dialabank for calculating your EMI with no place for any slip in the amount. It can help you save your precious time, and you can use that time to make a better budget plan accordingly.

    Of course, the human mind can make mistakes in calculation, but the Kashi Gomti Samyut Gramin Bank Gold Loan Calculator is a flawless tool. You can use the Kashi Gomti Samyut Gramin Bank Gold Loan Calculator to calculate the interest rates of different banks in Kashi and India.

    About Gold Loan

    A gold loan is a type of secured loan provided by banks to people who need money. The amount is disbursed instantly because the procedure is less time consuming as the Bank holds your Gold in their possession which provides you additional security. The Kashi Gomti Samyut Gramin Bank Gold Loan will provide you with the loan amount by evaluating your Gold according to the current gold rate in Kashi. 

    Gold has always been a part of Indian history. Locals of Kashi use Gold mainly for gifts at festivals and weddings. Some use it for investment. However, the price of Gold in India is on the surge, limiting your ability to buy Gold. Kashi Gomti Samyut Gramin Bank is providing an opportunity to individuals who can’t purchase Gold in a lump sum by providing them with a gold loan up to 36 months.

    Dialabank provides Kashi Gomti Samyut Gramin Bank Gold Loan Calculator to calculate and determine the exact amount you will be paying on your EMIs; Our experts will help you find the best Bank and the best value for your Gold. Kashi Gomti Samyut Gramin Bank Gold Loan Calculator deals with all changes in the current gold price in Kashi.

    Apply now, and Dialabank will help you get a gold loan instantly.

    Why Is Gold Loan Preferred?

    • Flexibility: Repayment is flexible in Gramin Bank of Kashi Gomti Samyut Gramin Bank for Gold Loans.
    • Low interest: The interest rate is low compared to other loans. The current interest rate is 7% in Kashi Gomti Samyut Gramin Bank for Gold Loans.
    • Prepayment charges: Prepayment in Kashi Gomti Samyut Gramin Bank for Gold Loans is 2% if repaid within three months. After three months, the prepayment fee is not charged.
    • Documents: A gold loan is a type of secured loan giving additional security to you, which helps the loan gets processed with less paperwork. 
    • Speed: The procedure of the loan is faster as less paperwork is involved, and the loan amount you applied for gets disbursed by the Bank instantly.

    Benefits of Kashi Gomti Samyut Gramin Bank Gold Loan Calculator

    • Best value: Kashi Gomti Samyut Gramin Bank Gold Loan Calculator will give you the best value for your Gold according to any current gold rate changes in Kashi.
    • Quick Results: Calculating without the tool can be time-consuming, whereas Kashi Gomti Samyut Gramin Bank Gold Loan Calculator gives you results in a few seconds.
    • Accurate: Kashi Gomti Samyut Gramin Bank Gold Loan Calculator gives you the exact amount you need without any miscalculation.
    • Latest price: Kashi Gomti Samyut Gramin Bank Gold Loan Calculator deals with the trending gold price in Kashi.

    Gold Loan Eligibility Criteria

    • Age: Kashi Gomti Samyut Gramin Bank provides Gold Loan for all Indian citizens with a minimum age of 18 and up to 75.
    • Loan Amount: Kashi Gomti Samyut Gramin Bank provides gold loans of up to ₹20 lakhs.
    • Employment Requirements: No employment is required for a gold loan in Kashi Gomti Samyut Gramin Bank.
    • Gold as a Security: The Gold provided should be minimum of 18 carats, a minimum weight of 10 grams for ornaments in Kashi Gomti Samyut Gramin Bank for any Gold Loan.
    • CIBIL Score Requirements: Required CIBIL score is 500 in Kashi Gomti Samyut Gramin Bank for a gold loan.
    • Documents Required: Photographs, Identity Proof (anyone), Residence Proof (anyone), Agricultural Land Proof (for agriculture), Demand Promissory Note(will be arranged Bank).

    Gold Loan Eligibility Calculator

    Minimum and Maximum Age
    21 Yrs – 60 Yrs
    Note: However, many banks require a minimum age of 23 years
    Loan Amount
    Up to ₹ 2 Cr. Some banks restrict maximum eligibility to ₹ 20 Lakh
    Interest rates are lower for a higher loan amount
    Employment Type
    Salaried and self-employed both are eligible
    Businessmen are increasingly taking gold loans to meet their working capital requirements.
    In fact, housewives, senior citizens who are not eligible for other loans because they have no income proofs can easily avail of gold loans.
    Quality of Gold
    Gold ornaments should range in between 18 to 24 Carats
    An average gold price of 22-carat gold for the preceding 30 days is adjusted down for purity. So, the price of 20 Carat jewellery can be estimated by multiplying the price of 22 Carat jewellery by a factor of 20/22
    CIBIL Score
    Banks do not check CIBIL score for granting a gold loan
    However, your repayment track record for a gold loan is counted towards your CIBIL score and hence, can be instrumental in building your CIBIL score
    Gold ornaments that can be used for availing loan
    Gold bars and coins
    Gold with 18-24 carat purity
    Employment track record and income proofs
    Banks do not check your job stability or business stability to sanction you a gold loan. Gold loans are granted without income proofs. You only need to submit your basic KYC documents such as address proof, identity proof, and an Aadhaar card to avail of this loan.

    Kashi Gomti Samyut Gramin Bank Gold Loan Calculator

    Gold Loan EMI Payments

    Advantages

    • Easy payment: Paying lumpsum is not possible for individuals with low income. Easy payments can be done for anywhere between 12 to 36 months rather than paying the whole amount at once. 
    • Tenure: The tenure is 12 to 36 months for Kashi Gomti Samyut Gramin Bank Gold Loan.
    • Low interest: The lowest interest rate is 7% for Kashi Gomti Samyut Gramin Bank Gold Loan. 
    • Scheme: Kashi Gomti Samyut Gramin Bank provides various schemes for Gold loans.

    Visit Dialabank for Kashi Gomti Samyut Gramin Bank Gold Loan.

    Disadvantages

    • Monthly payment: Monthly payment can be stressful for any Individual.

    What Is Bullet Repayment Scheme

    When a borrower pays the outstanding loan amount, including all interest and other charges on maturity date is referred to as a bullet repayment scheme. It is also known as balloon repayment. The repayment is flexible as you choose the maturity date for making the payment of the loan instead of making payments every month. It is suitable for people who can make the repayment in a short time. If you take a loan for less than six months, it can help you save a lot of money on interest.

    EMI Gold Loan Scheme with Bullet Repayment Scheme Comparison

    Monthly Payment EMI Scheme (₹)
    Bullet Repayment (₹)
    Month 1 27007 3625
    Month 2 27007 3625
    Month 3 27007 3625
    Month 4 27007 3625
    Month 5 27007 3625
    Month 6 27007 3625
    Month 7 27007 3625
    Month 8 27007 3625
    Month 9 27007 3625
    Month 10 27007 3625
    Month 11 27007 3625
    Month 12 27007 3625
    Bullet Payment (At the end of 12 months)
      ₹ 3 Lakh
    Total Payment ₹ 3.24 Lakh ₹ 3.44 Lakh

    Why Opt for A Bullet Repayment Scheme?

    Here is why you should consider bullet repayment schemes

    • No EMIs: You can now get rid of that infuriating Regular monthly payments.
    • Short period loan: Short period loan can help you save a good amount of money as you don’t have to pay interest for a long time.
    • Flexible repayment schedule: The bullet repayment scheme gives the borrower freedom of choosing the repayment date.

    Why Not Opt for A Bullet Repayment Scheme?

    • Interest: (ROI) Rate of interest charged by banks are higher.
    • Repayments: The interest rates are higher; hence, you will have to pay more than what you expected if you miss the maturity date or extend the loan tenure.

    Compare Gold Loan Rate Per Gram and Lowest EMI of All Banks

    Bank Interest Rate Lowest EMI Per Lakh
    Eligible Loan Amount For Max Tenure
    SBI Gold Loan 7.50% Rs. 3,111
    Rs. 20 Lakh for 36 months
    Muthoot Gold Loan 11.99% Rs. 3,321
    Rs. 50 Lakh for 36 months
    Manappuram Gold Loan 12.00% Rs. 8,885
    Rs. 1 Cr for 12 months
    HDFC Bank Gold Loan 9.90% Rs. 4,591
    Rs. 50 Lakh for 24 months
    Yes Bank Gold Loan 9.99% Rs. 3,226
    Rs. 50 Lakh for 36 months
    ICICI Bank Gold Loan 10.00% Rs. 8,792
    Rs. 15 Lakh for 12 months
    Federal Bank Gold Loan 8.50% Rs. 8,722
    Rs. 75 Lakh for 12 months
    Canara Bank Gold Loan 7.65% Rs. 8,683
    Rs. 10 Lakh for 12 months
    Andhra Bank Gold Loan 10.70% Rs. 8,824
    Rs. 2 Cr for 12 months
    Axis Bank Gold Loan 13.00% Rs. 4,754
    Rs. 20 Lakh for 24 months
    IndusInd Bank Gold Loan 10.00% Rs. 8,792
    Rs. 10 Lakh for 12 months
    PNB Gold Loan 8.75% Rs. 8,734
    Rs. 10 Lakh for 12 months
    Fincare Small Finance Bank Gold Loan 12.99% Rs. 11,721
    Rs. 40 Lakh for 9 Months

    How Does Dialabank’s Gold Loan Calculator work?

    You need to put the following detail.

    • The interest rate offered by the banks/lender
    • The loan amount of the subscribed or required Gold loan principal
    • The loan tenure

    After you input all the details mentioned above, the calculator will show your monthly repayments instantly. You can use the Gold Loan Calculator, visit Dialabank,

    Why Should You Use The Calculator Tool by Dialabank?

    To calculate the Gold Loan (EMIs) Equated Monthly Installments, the calculator tool can be helpful in several ways.

    • Comparing the loan of different Banks in the country.
    • The precise amount you need.
    • It saves your time with faster calculations.
    • It calculates according to the current price changes in your city.
    • If you get the proper amount, you can improve your plans accordingly.

    Visit Dialabank for the EMI calculator tool.

    FAQs About Kashi Gomti Samyut Gramin Bank Gold Loan Calculator

    What If I Can’t Pay The Kashi Gomti Samyut Gramin Bank Gold Loan Interest For Three Months?

    Suppose someone defaults on the payments of Kashi Gomti Samyut Gramin Bank Gold Loan interest for three months, a penalty fee is charged on the total amount due and in case of repeated defaults. In that case, the Bank may auction your gold ornaments to recover the amount.

    What Is The Overdraft Scheme For Kashi Gomti Samyut Gramin Bank Gold Loan?

    Kashi Gomti Samyut Gramin Bank does provide an Overdraft Scheme, and the overall loan amount will have a Credit/Loan Limit. In the Kashi Gomti Samyut Gramin Bank Gold Loan Overdraft facility, the Bank charges interest only on the amount you withdraw/utilize.

    ✅ How Much Is The Processing Fee Applicable On Kashi Gomti Samyut Gramin Bank Gold Loan?

    A processing fee of up to 0.85% of the loan amount is charged.

    How Can I Get Gold Loan From Kashi Gomti Samyut Gramin Bank?

    You can avail Gold Loan from the Kashi Gomti Samyut 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 only 30 minutes.