Pandyan Grama Bank Gold Loan

Pandyan Grama Bank Gold Loan Key Features- Apply Now

About Pandyan Grama Bank Gold Loan

Pandyan Grama Bank (PGB) is a Scheduled public sector bank in Tamil Nadu state establish under RRB Act 1976. It was set up on 9 March 1977 at Sattur town, then later shifted to Virudhunagar on 16 July 1993.  Pandyan Grama Bank primary objective of the bank is to finance for agricultural as well as non-agricultural sectors in the rural area. Pandyan Grama Bank (PGB) has its own Administrative Office at Collectorate Complex Virudhunagar.

What is a Gold Loan?

Advantages of Pandyan Grama Bank Gold Loan

1. A gold loan is a faster loan than any other loan where an individual get cash within a day
2. The gold loan can be taken for any purposes such as paying for a wedding, tuition fees etc.
3. It can be used for an extension of business or working capital requirement
4. To enhance agribusiness by purchasing apparatus for the water system and different needs
5. It can be used for paying medical bills.
6. To get money while going on a trip
7. Gives the feeling of utilizing a possess advantage to fund your requirements
8. Pandyan Grama Bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure.

Pandyan Grama Bank Gold Loan Accepted Gold Forms

Pandyan Grama Bank Gold Loan Eligibility

Pandyan Grama Bank Gold Loan at Home 

Gold Loan at Home is a cash-on-the-spot or doorstep loan service that allows you to borrow money from the convenience of your own home. The service is fast, flexible, and cost-effective and interest rates are also low. You can use the gold loan calculator to determine the value of your gold or the loan amount before completing a loan request. Obtaining a Gold Loan at home is an easy and quick process that can be done in a matter of minutes.

Within 30 minutes, one of our employees will call you and arrive at your home. When all e-documentation and gold identification are completed at your residence, the appropriate gold loan amount will be sent directly to your bank account.

The benefits of getting a gold loan at your doorsteps are:

• Access To Your Loan Account 24 X 7
• Diverse Range of Gold Loan Schemes
• You can get free insurance for your Gold
• There are no hidden fees.
• You will get the maximum value of your Gold
• You can avail your Gold Loan in just 1 visit

Pandyan Grama Bank Gold Loan Interest Rates

In general Loan on Gold, credit is available at a low-interest rate. Moreover, the reason behind that the Pandyan Grama Bank 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 loan. Though the Gold loan rate keeps on changing with the passage of time as well as person to person. The Pandyan Grama Bank Gold Loan is available at a 1% per month interest rate.

How Much Can I Get Through Pandyan Grama Bank Gold Loan?

Pandyan Grama Bank Gold Loan Per Gram- Updated January 2021

Pandyan Grama Bank Gold Loan Required Documents

Why should Farmers choose Gold Loan?

Gold Loan is a good service for the farmers. Because, if the loan amount has to be used for farming purposes then the banks provide a further discount on the interest rates. Therefore, the farmers can avail the service of the Pandyan Grama Bank Gold Loan at an even lower interest rate than is offered to other people. All they need to do is submit the agricultural land proof and they will be good to go.

Pandyan Grama Bank Gold Loan Process

• Visit the website of the bank and check your eligibility.
• If you are eligible, apply on the website itself.
• To apply offline, take the necessary documents and gold jewellery/ coins to the nearest bank branch.
• The bank will value your gold for which it will charge you.
• The bank will offer you a loan amount. If you think it is suitable for you, accept it.
• Sign an agreement.
• Your loan will be disbursed on the same day.

Pandyan Grama Bank Gold Loan EMI Calculator

Pandyan Grama Bank Gold Loan Apply Online

To apply for a gold loan from the Pandyan Grama Bank online, you can visit the Dialabank website. Go to the gold loan option on the menu and click on it. You will be redirected to a page with a form. Fill it up and click on ‘Apply Now’. We will soon call you and assist you further.

Uses of Pandyan Grama Bank Gold Loan

The Gold Loan can be used for:

1. Personal expenses
2. Education Expenses
3. Business Expenses
4. Agricultural Expenses

Pandyan Grama Bank Agricultural Jewel Loan Scheme

Benefits of Pandyan Grama Bank Agricultural Jewel Loan Scheme

• Pandyan Grama Bank does not charge a processing fee of up to ₹ 25,000
• 0.30% of the loan amount, Minimum of ₹ 300 is charged 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

Pandyan Grama Bank Gold Loan Overdraft Scheme

Pandyan Grama Bank offers an Overdraft Scheme. With this, the loan amount is provided as an overdraft facility. It functions as a Credit Card, where you can spend your Gold Loan Amount as per your wishes, anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In the Muthoot Finance Gold Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.

Why Dialabank for an online Gold Loan?

1. Firstly, Dialabank offers a very easy process of application for Online Gold Loan

2. Dialabank presents you with all the important information regarding a gold loan in a detailed and informative manner.

3. After that, the applicant gets a good comparison of the gold interest rates and other important features of other banks and NBFCs as well.

4. Furthermore, the company provides the document pick-up facility from your doorstep so that you don’t have to get out of the comfort of your house.

5. Lastly, you will get the best loan offer with the lowest interest rate. For more information call 9878981144 with your city code.

Pandyan Grama Bank Gold Loan FAQs

✅ What is Pandyan Grama Bank Gold Loan?

Pandyan Grama Bank Gold Loan is a very useful loan. It can be availed of very easily and can be used by anyone for their personal or professional needs such as by a housewife, a businessman, a student, or a farmer. It is offered at attractive interest rates and affordable repayment options.

✅ How Can I Get Gold Loan From Pandyan Grama Bank?

Getting a gold loan from Pandyan Grama Bank is extremely easy. You can apply by personally visiting the bank. If you don’t want to leave the comfort of your homes, apply through the bank’s website or its mobile app. You can also visit Dialabank for the application.

✅How much Gold Loan Can I get per gram from Pandyan Grama Bank?

The Pandyan Grama Bank gold loan rate per gram rate is different for gold ornaments with different purity. Moreover, it is also affected by the market variations in the price of gold.

✅ How Does Pandyan Grama Gold Loan work?

Pandyan Grama Bank gold loan works in a simple manner:

1. Take your gold jewellery and the documents to the nearest bank branch.
2. You will be offered a loan amount on the basis of the value of your ornaments. The more the value the more will be the offered amount.
3. Accept the offer and sign an agreement.
4. Your loan will be sanctioned and the processing fee and other charges will be deducted from it.

✅ What is the Gold Loan interest rate in Pandyan Grama Bank?

The gold loan interest rate in Pandyan Grama Bank starts at 10.70% and can go up if you don’t have a stable income or a good credit history. The bank provides a loan amount that is 70% of the value of the collateral.

✅ How to check gold loan status in Pandyan Grama Bank?

To check your gold loan status in Pandyan Grama Bank, email the bank your loan application details. You can also visit the bank branch or the website for it and contact the loan officer.

✅How to renew Pandyan Grama Bank Gold Loan online?

To renew your Pandyan Grama Bank Gold Loan online, visit the bank’s online portal. You can renew it offline in the same branch where you initially availed of the loan. Your god collateral will be revalued.

✅ How to pay Pandyan Grama Bank Gold loan interest online?

Pandyan Grama Bank offers you many ways to pay your interest online. You can find more information on the bank’s website or calling up the customer care services of the bank.

✅What if I can’t pay the interest on the Pandyan Grama Bank Gold loan for 3 months?

If you fail to pay your Pandyan Grama Bank gold loan interest for 3 months, the bank will serve you with a legal notice and sell off your jewellery to recover the bad debt. Your CIBIL score will be severely affected.

✅How can I apply for the EMI moratorium on the Pandyan Grama Gold loan?

To apply for a Pandyan Grama Bank gold loan EMI moratorium, visit the nearest bank branch or the bank’s website. A moratorium is a predefined period wherein you are not liable to repay your loan.

✅ What is the Pandyan Grama Bank Gold Loan customer care number?

For contacting the Pandyan Grama Bank Gold loan customer care just dial 9878981144.

✅ What is the Pandyan Grama Bank Gold Loan closure procedure?

• Just go to the bank with the documents.
• Write a letter for pre-closure of the Pandyan Grama Bank Gold loan account.
• Pay the pre-closure charges as per Pandyan Grama Grameena Bank Gold Loan.

✅ What is the Pandyan Grama Bank Gold Loan preclosure charge?

2% of Principal Outstanding for a Gold Loan Foreclosure before 3 months, after that nil.

✅ What is the Pandyan Grama Bank Gold Loan overdraft scheme?

For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at Pandyan Grama Bank is provided, it gives you an online way to get your own overdraft, also known as Smartdraft. You do not need to visit the Chaitanya Godavari Grameena Bank branches and go through a boring process. Just log in to the Pandyan Grama Bank online banking portal and from there you can fill out a simple form and get an overdraft under your name.

✅ What is the Pandyan Grama Bank Gold Loan maximum tenure?

The maximum tenure of the Pandyan Grama Bank Gold loan is 60 months.

✅ What is the Pandyan Grama Bank Gold Loan minimum tenure?

The minimum tenure of the Pandyan Grama Bank Gold Loan is 6 months.

✅ What are the foreclosure charges in Pandyan Grama Bank Gold Loan?

The bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure.