GET GOLD LOAN
AT LOWEST INTEREST RATE

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

      I have read the Privacy Policy & Agree to Terms & Conditions

    Pallavan Grama Bank Gold Loan

    Pallavan Grama Bank Gold Loan features – Apply Now

    Pallavan Grama Bank Gold Loan Interest Rate 7% per annum
    Pallavan Grama Bank Gold Loan Rate Per Gram
    Rate Per Gram is ₹ 3,506 to ₹ 4,621
    Pallavan Grama Bank Processing Fee
    0.75% of the Principal Loan Amount
    Pallavan Grama Bank Maximum Loan Amount
    Up to Rs. 50 lakh
    Pallavan Grama Bank Minimum Loan Amount
    75% LTV
    Pallavan Grama Bank Gold Prepayment Charges
    2%+GST (Within 3 Months), 0 (After 3 months)
    Pallavan Grama Bank Gold Repayment Tenure
    Up to 36 Months
    Pallavan Grama Bank Gold Repayment Scheme
    Bullet Payment Scheme, Overdraft Scheme

    gold loan

    About Pallavan Grama Bank Gold Loan

    Pallavan Grama Bank Gold Loan

    Pallavan Grama Bank is a regional rural bank in the state of Tamil Nadu. The bank was established in the year 2006 after the merger of two grama banks namely, Adhiyaman Grama Bank and Vallalar Grama Bank. The bank has a wide network of 289 branches that serve 15 districts of Tamil Nadu. A lot of financial services are available by this bank like Gold Loan, Personal Loan, Home Loan and many more.

    What is Gold Loan?

    Gold Loan is a service that is availed by the people in times of need. To begin, the applicant just has to put gold ornaments in the bank in return for the loan amount. As soon as the applicant repays the loan amount, the ornaments are returned to the customer. Finally, Gold Loan Interest Rate is quite affordable in comparison to other services.


    gold loan

    Advantages of Pallavan Grama Bank Gold Loan

    Advantages of Pallavan Grama Bank Gold Loan via Dialabank

    1. Safety of Ornaments:  Of course the security of your Gold Jewellery is more in banks due to the proper security systems, unlike our homes.
    2. Fast Process:  This is a type of secured loan therefore, you can get your gold loan processed in as quick as 30 minutes
    3. Overdraft Facility:  The applicant has the option of overdraft facility that allows the applicant to enjoy anytime cash flow as per the needs.
    4. Low-Interest Rates: Another feature is the rate of interest is very less in comparison to other services provided by the banks and NBFC’s
    5. No Processing Charges: Surprisingly, the bank does not charge any extra cost for applying for a gold loan.
    6. Less Documentation: The formalities that are to be completed are very less due to the type of service this is.
    7. Flexible Period: Last but not least, the applicant can choose the tenure depending upon the need.
    8. Foreclosure Charges: The Pallavan Grama Bank charges up to 0.50% of the principal amount as foreclosure charges.

      gold loan

    Interest Rate of Pallavan Grama Bank Gold Loan

    First of all, The interest rate of this service starts at 7% per annum.

    Secondly, The financial organizations provide these loans for 1 to 4 years.

    Thirdly, The pre-closure charges are in between 0% to 2% of the value of the loans.

    Eligibility for Pallavan Grama Bank Gold Loan

    The applicant can avail a loan as long as the eligibility criteria are fulfilled:

    1. Firstly, The applicant should lie in the age group 18-70 years
    2. Most importantly, you should be a citizen of India
    3. No employment status is considered, therefore, both salaried and self-employed can apply
    4. The weight and quality of gold are equally important as a result the gold should weight at least 10 grams and purity should lie between 18 carats to 22 carats
    5. Maximum funding that can be availed is up to 1Crore

    gold loan

    Documents Required for Pallavan Grama Bank Gold Loan

    The documents should be particularly from the following options

    Applicant Identity Verification Documents can be amongst the below documents (ANY):

    1. Passport: Valid Copy of passport both front and last page
    2. Voters ID card: Copy of Valid Voter Identity Card
    3. Driving License: Copy of Driving license which is valid.
    4. Adhar card: Copy of Adhar Card with current information

      gold loan

    Applicant Address Verification Proof can be amongst the below documents(ANY):

    1. Passport: Valid Copy of passport both front and last page
    2. Voters ID card: Copy of Valid Voter Identity Card
    3. Driving License: Copy of Driving license which is valid.
    4. Adhar card: Copy of Adhar Card with current information
    5. Utility Bills on the name of the applicant.
    6. Sales Tax Certificate
    7. Rental Agreement

    gold loan

    Signature Verification Documents for Pallavan Grama Bank Gold Loan required are namely:

    1. Valid Copy Passport
    2. Bank’s Verification Certificate
    3. Cheque

    How to Apply for Pallavan Grama Bank Gold Loan?

    1. First of all, a lot of services are available through lending institutions thus people tend to get confused while choosing the best deal for themselves.
    2. In order to clear this confusion, our company provides the customer total assistance during the entire process of the loan and guide them The Best Loan Deals according to their needs.
    3. Moreover, the customer is guided without any partiality towards a certain product. Which further gives them a clear picture of the loan to be availed.
    4. Easily Apply for a Gold Loan through www.dialabank.com  or Call on 95920-46860.

      gold loan

    Uses of Pallavan Grama Bank Gold Loan

    • To finance personal expenses like vacation expenses etc.
    • Pallavan Grama Bank lets you take care of youe education.
    • Finance business needs like buying inventory, plant, etc.
    • Gold against the loan for agricultural purposes.


    gold loan

    Pallavan Grama Bank Agricultural Jewel Loan Scheme

    Scheme Agricultural Jewel Loan Scheme
    Interest Rate  Starting from 7% per annum (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 Pallavan Grama Bank Agricultural Jewel Loan Scheme

    • No processing fee is applicable 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

     


    gold loan

    Pallavan Grama Bank Gold Loan Overdraft Scheme

    Pallavan Grama Bank gives an Overdraft Scheme. With this, you are provided loan amount as an overdraft facility. It works like a Credit Card, where you can spend your Gold Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit with interest charges only on the amount withdrawn.

    FAQs About Pallavan Grama Bank Gold Loan

    ✅ What is Pallavan Grama Bank Gold Loan?

    Pallavan Grama Bank Gold loan is loan against gold having a minimum purity of 18 Carats. You can get funding of up to 70% LTV for a maximum tenure of 36 months. The bank offers easy repayment methods and charges a low rate of interest on the loan.

    What is Pallavan Grama Bank Gold Loan Overdraft Scheme

    Pallavan Grama Bank gives an Overdraft Scheme. With this, you are provided loan amount as an overdraft facility. It works like a Credit Card, where you can spend your Gold Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit with interest charges only on the amount withdrawn.

    What is the foreclosure procedure for Pallavan Grama Bank Gold Loan?

    Pallavan Grama Bank asks from a borrower up to 0.50% on the key excellent if there should be an event of a Gold Loan Foreclosure.

    What is the Pallavan Grama Bank Gold Loan closure procedure?

    The Gold loan will only close after the payment is done in full.

    ✅ What is Pallavan Grama 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 Pallavan Grama Bank.

     What is the minimum gold loan tenure?

    The minimum Pallavan Grama Bank gold loan tenure is 6 months.

    What is the customer care number for Pallavan Grama Bank Gold Loan?

    All the queries regarding Pallavan Grama Bank is answered at 9878981144 .

    Other Major Gold Loan Providers