Kaveri Grameena Bank Gold Loan @ 5.88% p.a

Kaveri Grameena Bank Gold Loan Key Features – Apply Now

Kaveri Grameena Bank Gold Loan Interest Rate	7.25% per annum
Kaveri Grameena Bank Gold Loan Rate Per Gram	Rate Per Gram is ₹ 3,800 to ₹ 4,350
Kaveri Grameena Bank Processing Fee	0.75% of the Principal Loan Amount
Kaveri Grameena Bank Maximum Loan Amount	Up to Rs. 1 Crore
Kaveri Grameena Bank Minimum Loan Amount	75% LTV
Kaveri Grameena Bank Gold Prepayment Charges	2%+GST (Within 3 Months), 0 (After 3 months)
Kaveri Grameena Bank Gold Repayment Tenure	Up to 36 Months
Kaveri Grameena Bank Gold Repayment Scheme	Bullet Payment Scheme, Overdraft Scheme

Advantages of Kaveri Grameena Gold Loan

Transparent System: Firstly, the system of the Best 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 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 best gold loan interest rate on availing this service.

Foreclosure charges: Kaveri Grameena Bank charges up to 0.50% of the principal amount as foreclosure charges.

How Much Can I Get Through Kaveri Grameena Bank Gold Loan – updated January 2021

	Kaveri Grameena 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	2433	2715	2998	3280
10 gms	24330	27150	29980	32800
20 gms	48660	54300	59960	65600
30 gms	72990	81450	89940	98400
50 gms	121650	135750	149900	164000
100 gms	243300	271500	299800	3278000
200 gms	486600	543000	599600	656000
300 gms	729900	814500	899400	984000
500 gms	1216500	1357500	1499000	1640000

About Kaveri Grameena Gold Loan

Kaveri Grameena bank Gold Loan

Kaveri Gramin is a rural bank in the state of Karnataka. It was established in the year 2012. Also, the bank was formed after the merger of Cauvery Kalpatharu Grameena Bank, Chikmagalur Kodagu Grameena Bank, and Vishvesvaraya Grameena Bank.

Furthermore, the bank has a wide network in 10 districts of south Karnataka. The head office of the bank is in Mysore city. The bank provides a good range of financial products o the people like Gold Loan, Personal Loan, Home loans and many others. One of the best services of this bank is Gold Loan.

Kaveri Grameena Bank Gold Loan Eligibility

Kaveri Grameena Bank has some simple eligibility criteria which are easy to fulfil and can be fulfilled easily.

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

Kaveri Grameena Bank Gold Loan At Home

With the changing needs of the times, Kaveri Grameena Bank has come across a simple yet valuable solution that will make everything easy for you. Just like your necessary commodities such as groceries, clothes and much more, everything is provided at your doorstep, in the same way, now, you can quickly get a gold loan at the comfort of your home.

If you are in urgent need of funds or too busy to visit a bank or prefer social distancing, Allahabad Gold Loan At home is a one-step solution. The process is straightforward. You need to give us a call to put in your request for a gold loan. Our executive from the nearest branch will visit your home at the earliest. Everything will be done at your home in your presence, from the evaluation of the loan documentation to the transfer of the loan amount. Furthermore, there are many benefits of Kaveri Grameena Bank Gold Loan at Home:

Fast loan approval
Lower interest rates
Maximum value of gold
Flexible repay tenures
Easy payment options
No additional charges
24*7 customer support
Full security of the gold
No hidden fees
Service at your doorstep within 30 minutes

Kaveri Grameena Bank Gold Loan Interest Rate, Fees and Charges

Kaveri Grameena Bank charges a low interest rate on its Gold Loan as it is a fully secured loan. Along with the interest, the bank also charges some minimal charges from the borrower based on the amount and the tenure of the loan of the borrower.

Gold Loan Rate	7.25% per annum
Repayment Scheme	Bullet Repayment Scheme, Overdraft Scheme
Loan to Gold value	Up to 70%, 90% in case of higher interest rates
Service Charges	Rs 250- Rs 5000 (depending on the loan amount)
Document Charges	Rs 199 (for loans up to 1-year tenure)
Gold Required	Minimum 18 Cr
Processing Fee	2%
Prepayment Charges	0-2%
Repayment Tenure	Up to 36 months

Kaveri Grameena Bank Gold Loan Documents Required

You can avail of a loan with Kaveri Grameena Bank with just the basic documentation:

Photographs	2 Passport Size
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. (Anyone)
Agricultural Land Proof	Required only if the Loan is taken for Agricultural Purpose

Kaveri Grameena Bank Gold Loan Apply Online

You can easily visit the Dilabank branch in your vicinity and avail yourself of the best gold loan offers without any hassle. You can also apply online through our website without getting out of the comfort of your house. This will save you from a lot of hassle. All you have to do is:

Visit Dialabank and click on the gold loan option on the menu. Then you will just have to fill up a form with your personal details.
Our relationship manager will give you a call and will guide you every step of the way.
Using the information you submitted, we will shortlist the best offer for you and help you compare.
In case you have any queries, you can contact us at 9878981144.

GOLD LOAN @ 0.75%*

APPLY NOW

Gold Ornaments Accepted by Kaveri Grameena Bank

Any gold jewellery such as gold bangles, gold rings, gold anklets, and gold necklaces are accepted for availing a Gold Loan. Some banks might even accept gold coins. Gold bars are not accepted.

The gold ornaments should be 18 carats to 22 carats. Any gold ornament which is of 24 carats cannot be used for availing a gold loan.

Kaveri Grameena 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

Uses of Kaveri Grameena Bank Gold Loan

A gold loan can be used for any short term financial requirements and can be availed by almost everyone. It has the following uses:

It can be used for any personal expenditure such as a wedding, a vacation, medical expenses etc.
It can be used for any business-related expenditures such as buying raw materials or adding to fixed capital.
Gold loans can also be used for agricultural expenditure, for which banks offer lower interest rates.

Kaveri Grameena Bank Agricultural Jewel Loan Scheme

Scheme	Agricultural Jewel Loan Scheme
Interest Rate	Starting from 7.25% per annum (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 day of reap of yields

Benefits of Kaveri Grameena Bank Agricultural Jewel Loan Scheme

The bank charges no processing fee up to Rs. 25,000
0.30% of the loan amount, Minimum of ₹ 300 charge is applicable to the amount ranging from above ₹ 25,000 – less than ₹ 5 lakh
0.28% of the credit sum, subject to at least Rs.1,500 is applicable to the amount more than Rs.5 lakh however under Rs.1 crore

Kaveri Grameena Bank Gold Loan Overdraft Scheme

Kaveri Grameena Bank provides loan amounts as an overdraft facility. It is like a Credit Card, where the Gold Loan Amount can be used anytime. Though the Loan comes with a Loan Limit, Kaveri Grameena Bank charges interest on the amount utilized by the borrower.

FAQs About Kaveri Grameena Bank Gold Loan

✅ What is Kaveri Grameena Bank Gold Loan?

Kaveri Grameena Bank is a multi-purpose loan against your gold ornaments or coins which can be used to fulfill any emergency money requirements. Furthermore, the bank provides Gold Loan at a low rate of interest. It is a safe and secure method and the bank takes full responsibility for the safety of your gold ornaments.

✅ How Can I Get Gold Loan From Kaveri Grameena Bank ?

You can get a Kaveri Grameena Bank gold loan by visiting the nearest branch of the bank or applying online through Dialabank‘s digital platform by filling a form with basic information to get the best offers on gold loans.

✅How much Gold Loan Can I get per gram from Kaveri Gramin Bank?

You can get a Kaveri Gramin Bank gold loan worth ₹ 3,800 to ₹ 4,350 per gram of gold. The gold loan per gram online rate depends upon the quality of your gold that is to be pledged by you. It also depends on the market price of gold prevailing in the market.

✅ How Does Kaveri Grameena Gold Loan work ?

You can take a Kaveri Grameena Bank Gold Loan in few hours and fulfill all your monetary needs. Just visit the nearest Kaveri Gramin Bank branch with your Gold and start your loan application process. The disbursement occurs after verification and valuation of your pledged gold and approval of the application. You can avail of a maximum amount of Rs. 1 crore.

✅ What is the Gold Loan interest rate in Kaveri Grameena Bank?

The interest rate for a gold loan in Kaveri Grameena Bank starts at 7.25% per annum. However, this can extend all the way up to 25% if you have a lower income, bad credit history, or don’t match any of the eligibility criteria.

✅ How to check gold loan status in Kaveri Grameena Bank ?

You can check the gold loan status in Kaveri Grameena Bank by emailing the bank’s executive and asking them about your application or by visiting the branch and meeting the loan officer. In most cases, the disbursal of the amount is done on the same day of the approval of the application.

✅ How to calculate gold loan interest in Kaveri Grameena Bank?

Your gold loan interest rates in Kaveri Grameena Bank can be calculated by subtracting the principal amount from to total amount you have to repay. You can calculate your EMIs using the EMI calculator.

✅What is the maximum gold loan amount I can avail of on a gold loan from Kaveri Grameena Bank?

You can avail of a maximum of Rs 1 crore on a gold loan from Kaveri Grameena Bank, up to 70% of the gold jewelry’s value you gave as collateral. The bank might even let you avail of 90% of the value of jewelry in case of higher interest rates.

✅ What is the loan tenure of the Kaveri Grameena Bank gold loan?

The maximum gold loan repayment tenure in Kaveri Grameena Bank is 36 months. But you can also renew it by paying a small fee. If you opt for prepayment or foreclosure, your tenure can decrease.

✅How much processing fee is applicable to the Kaveri Grameena Bank Gold loan?

The applicable processing fee on the Kaveri Grameena Bank gold loan is 2% of the outstanding loan amount.

✅What is Kaveri Grameena Bank Gold Loan Overdraft Scheme?

Under Kaveri Grameena Bank Gold Loan, the borrower is provided with the loan amount as an overdraft facility. It works as a Credit Card, letting you spend your Gold Loan Amount however you wish to. The Bank Gold Loan Overdraft facility only charges interest only on the amount withdrawn.