⍟  Lowest Interest Rate of 0.79% p.m.
⍟  Highest Rate Per Gram ₹ 4,680
⍟  No Melting of Your Gold
⍟  Get Loan in 1 Visit Only
⍟  100% Safety of Your Gold (kept in Bank Locker)

APPLY FOR

Lakshmi Vilas Bank Gold Loan

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.

Lakshmi Vilas Bank Key Features – Apply Now

Lakshmi Vilas Bank Gold Loan Interest Rate 7.0% per annum
Lakshmi Vilas Bank Gold Loan Rate Per Gram
Rate Per Gram is ₹ 5,121
Lakshmi Vilas Bank Processing Fee
0.75% of the Principal Loan Amount
Lakshmi Vilas Bank Maximum Loan Amount
Up to Rs. 1 Crore (With Income Proof)
Lakshmi Vilas Bank Minimum Loan Amount
75% LTV
Lakshmi Vilas Bank Gold Prepayment Charges
2%+GST (Within 3 Months), 0 (After 3 months)
Lakshmi Vilas Bank Gold Repayment Tenure
Up to 36 Months
Lakshmi Vilas Bank Gold Repayment Scheme
Bullet Payment Scheme, Overdraft Scheme

Each Feature Explained in Detail Below


Advantages of Lakshmi Vilas Bank Gold Loan 

Advantages of Lakshmi Vilas Bank Gold Loan via Dialabank

  1. Lakshmi Vilas Bank gold loan is very easy to apply. One can apply for the gold loan online within a few minutes.
  2. If a borrower is eligible, the loan can be approved within 5 minutes.
  3. Documents home pick-up facility is also available for the Lakshmi Vilas Bank gold loan.
  4. The gold ornaments are entirely safe with the bank.
  5. The Bank asks for 0.50% of the principal amount as foreclosure charges.

How Much Gold Loan Can I Avail Through Lakshmi Vilas Bank Gold Loan?

Based on the latest gold prices, Lakshmi Vilas Bank is offering per gram gold loan up to ₹ 5,121. The maximum value for gold per gram offered today by Lakshmi Vilas Bank is ₹ 5,121 for 24-carat jewelry calculated at a maximum LTV of 75%.

Lakshmi Vilas Bank Gold Loan Per Gram – Updated January 2021

Updated - Gold Loan Per Gram Rate w.e.f Apr 20 2021

Gold Weight Gold Purity
24 Carat
Gold Purity
22 Carat
Gold Purity
20 Carat
Gold Purity
18 Carat
1 gram 4680 4290 3900 3510
10 gram 46800 42900 39000 35100
20 gram 93600 85800 78000 70200
30 gram 140400 128700 117000 105300
40 gram 187200 171600 156000 140400
50 gram 234000 214500 195000 175500
100 gram 468000 429000 390000 351000
200 gram 936000 858000 780000 702000
300 gram 1404000 1287000 1170000 1053000
400 gram 1872000 1716000 1560000 1404000
500 gram 2340000 2145000 1950000 1755000

gold loan at 7%

हिंदी में पढ़े | தமிழில் படியுங்கள்

About Lakshmi Vilas Bank Gold Loan

Lakshmi Vilas Bank Gold LoanLakshmi Vilas Bank Gold Loan offers loans against gold at contentious interest rates.

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

  • Lakshmi Vilas Bank Gold Loan Interest Rate is 7.0% per annum
  • Lakshmi Vilas Bank Gold Loan Per Gram Rate is ₹ 5,121
  • Lakshmi Vilas Bank Gold Loan Tenure: Up to 36 months
  • Lakshmi Vilas Bank Gold Loan Processing Fee is Up to 1.0% of the Loan Amount + GST

Lakshmi Vilas Bank Gold Loan Eligibility

Lakshmi Vilas Bank gives you the Loan amount within an hour of application as the valuation and approval process is quickly done, keeping in mind your urgency regarding the need for funds.

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

Lakshmi Vilas Bank Gold Loan Documents Required

Documents required for Applying for Lakshmi Vilas Bank Gold Loan are :

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

gold loan at 7%

हिंदी में पढ़े | தமிழில் படியுங்கள்

Lakshmi Vilas Bank Gold Loan Interest Rate, Fees and Charges

Lakshmi Vilas Bank Gold Loan can fulfill all your urgent short term and long term monetary requirements.

Lakshmi Vilas Bank Gold Loan Interest Rate 7.0% per annum
Processing Fee
1.0% of the Principal Loan Amount
Prepayment/Foreclosure Charges
2%+GST (Within 3 Months), 0 (After 3 months)
Valuation Fee
Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs
Late Repayment Charges
2% p.a. + Applicable rate of interest.
Renewal Processing Fees
Rs 350 + GST

Gold Loan Apply Online

You can apply for a gold loan online on dialabank very easily. One just has to fill a simple application form providing basic information with an individual’s contact number. The customer will get a call back with all the assistance and guidance.

Lakshmi Vilas 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


gold loan at 7%

हिंदी में पढ़े | தமிழில் படியுங்கள்

How to Pay Your Lakshmi Vilas Bank Gold Loan EMI?

Your Lakshmi Vilas Bank gold advance can be reimbursed in the following three different ways.

  1. Standing Instruction (SI): If you are a current record holder with Lakshmi Vilas Bank, Standing Instruction is the best method of r repayment.
  2. Electronic Clearing Service (ECS): This mode can be utilized if you have a non-Lakshmi Vilas Bank account and might want your EMIs to be charged consequently toward the finish of the month to month cycle from this record.

Gold Loan agent Contact Number

Call 9878981144 and get instant help and approval for your Gold Loan.

Gold Ornaments Accepted by Lakshmi Vilas Bank

Gold jewellery/ornaments are accepted by the bank to grant loans against gold.

Uses of Lakshmi Vilas Bank Gold Loan

  1. Can be used for personal finances.
  2. Can be used to expand the business.
  3. Can be used for agricultural purposes.

    gold loan at 7%

    हिंदी में पढ़े | தமிழில் படியுங்கள்

Lakshmi Vilas Bank Agricultural Jewel Loan Scheme

Scheme  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  jewel which is being kept as security
Loan period Adjustment of advance sum inside 2 months from the date of reap of yields

Benefits of Lakshmi Vilas Bank Agricultural Jewel Loan Scheme

  • There is no processing fee up to ₹ 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

Lakshmi Vilas Bank Gold Loan Overdraft Scheme

Lakshmi Vilas Bank Offers an Overdraft Scheme as a Credit Card. The Gold Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In the Lakshmi Vilas Bank Gold Loan Overdraft facility, the bank charges interest only on the amount you use.

FAQs About Lakshmi Vilas Bank Gold Loan

What is Lakshmi Vilas Bank Gold Loan?

Lakshmi Vilas Bank provides the Gold Loan facility against 22K gold for a maximum of ₹30 lacs. They give the loan at low-interest rates with secure repayment options. The loan is offered against the pledge of gold ornaments with minimal documents for meeting your personal and business expenses.

How can I get Gold Loan?

Gold Loan has a swift and easy process o follow:

  • Pen down the required details on the official address of Dialabank.
  • Within 30 minutes start cutting down your queries with our Relationship Manager.
  • Get to know about the perfect loan according to your requirements.
  • Visit the associated branch.
  • Your Loan will be sanctioned within 30 minutes.

How much Gold Loan can I get per gram in Lakshmi Vilas Bank?

Lakshmi Vilas Bank gives Gold Loan at lowest gold loan interest rates, and the per gram rate of Gold Loan is ₹5,121.

How does Lakshmi Vilas Bank Gold Loan work?

Lakshmi Vilas Bank Gold Loan is a secure financial product availing credit to individuals with the urgency of quick funds for satisfying their financial aspect needs. The applicant has to gage the loan with the bank in return for the loan amount. The bank evaluates the value of the gold and as soon as this process ends the funds are allocated in your desired account. Numerous repayment options are available with the bank.

What is the Gold Loan interest rate in Lakshmi Vilas Bank?

The Gold Loan rate of interest starts at 7.0% per annum at Lakshmi Vilas Bank. The rate of interest charged on Gold Loans is less in comparison to other loans as it is a fully secured loan.

How to check Lakshmi Vilas Bank Gold Loan status?

You can check the status of your Gold Loan application by visiting the bank’s branch and contacting your loan officer. You can also dial the customer care number of the bank to stay updated with all your loan details.

 How to calculate Gold Loan Interest in Lakshmi Vilas Bank?

You can easily calculate the gold loan interest rate in Lakshmi Vilas Bank by subtracting the principal amount from the total sum to be paid.

What is the maximum loan amount I can avail on Gold Loan from Lakshmi Vilas Bank?

You can get a maximum amount of Rs 1 crore on a Lakshmi Vilas Bank Gold Loan as the bank offers around 75% of the gold ornaments’ market value.

What is the loan tenure of Lakshmi Vilas Bank Gold Loan?

The maximum tenure of your Lakshmi Vilas Bank 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 to Lakshmi Vilas Bank Gold Loan?

A processing fee of up to 1% of the loan amount or ₹1000 whichever is higher is charged.

How to renew Lakshmi Vilas Bank Gold Loan?

Renew your Gold Loan by visiting the bank branch with all the loan related documents and contact the Gold Loan officer to apply for a renewal.

What are the charges for renewal in Lakshmi Vilas Bank Gold Loan?

Bank charges approximately Rs. 250- Rs. 500 for renewal of the gold loan.

What are the charges for Pre-payment in Lakshmi Vilas Bank Gold Loan?

Lakshmi Vilas Bank charges nothing for the pre-payment of the gold loan.

How to pay Lakshmi Vilas Bank Gold Loan Interest online?

Lakshmi Vilas Bank provides you with different methods to pay the amount due on your Gold Loan. You can pay the amount online or offline. You may contact the customer care helpline of the bank for more information.

What if I can’t pay the interest on Lakshmi Vilas Bank Gold Loan for 3 months?

If someone defaults on the payments of Lakshmi Vilas 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 Lakshmi Vilas Bank Gold Loan?

You can apply for the Lakshmi Vilas 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.

How to pay Lakshmi Vilas Bank Gold loan through credit card?

As per RBI Guidelines, Lakshmi Vilas Bank Gold loan cannot be repaid via credit cards. Other payment modes such as net banking, debits cards, cheques, DDs can be used for loan repayment.

What is Lakshmi Vilas Bank Gold Loan Overdraft Scheme?

Lakshmi Vilas Bank Offers an Overdraft Scheme as a Credit Card. The Gold Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In Lakshmi Vilas Bank Gold Loan Overdraft facility, the bank charges interest only on the amount you use.

What is the foreclosure procedure for Lakshmi Vilas Bank Gold Loan?

Lakshmi Vilas asks a borrower to pay 0.50% on the loan amount should be an event of a Gold Loan Foreclosure.

What is the Lakshmi Vilas Bank Gold Loan closure procedure?

The Gold loan can only be closed after the payment is done in full.

✅ What is Lakshmi Vilas Bank Gold Loan Preclosure charges?

The Bank preclosure charges are 2%+GST (Within 3 Months), 0 (After 3 months)

 What is the maximum gold loan tenure?

The maximum gold loan tenure is 36 months for Lakshmi Vilas Bank.

 What is the minimum gold loan tenure?

The minimum gold loan tenure for Lakshmi Vilas Bank is 6 months.

What is the customer care number for Dena Bank Gold Loan?

All the queries regarding Dena bank is answered at 9878981144 .

Other Major Gold Loan Providers

Table of Contents