⍟  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)

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Pandyan Grama Bank Gold Loan

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Pandyan Grama Bank Gold Loan Key Features- Apply Now

Pandyan Grama Bank Gold Loan Collateral Gold ornaments
Pandyan Grama Bank Gold Loan per gram
varies depending on the purity of gold
Pandyan Grama Bank Gold Loan Age of Borrower 18 – 70 years
Pandyan Grama Bank Gold Loan Maximum Loan Amount Up to 10 lakhs
Pandyan Grama Bank Gold Loan Maximum Loan to Gold Value Ratio Up to 70%
Pandyan Grama Bank Gold Loan purity of Eligible gold 18 carat to 22-carat gold
Pandyan Grama Bank Gold Loan Tenure 6 to 60 months

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?

Gold Loan online is a secured service that helps people to cope up with the financial problems of life. In this, the loan seeker has to put ornaments of gold in the bank in return of money. As soon as, the applicant gives back the loan amount, the decorations are given back to the customer in the same shape. Most of the people avail of this service because the Best Gold Loan Interest Rate is quite affordable in contrast to other services.

Advantages of Pandyan Grama Bank Gold Loan

Advantages of Pandyan Grama Bank Gold Loan via Dialabank

  1. A gold loan is a faster loan than any other loans where 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 for 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

The applicant who wants to avail a Pandyan Grama Bank Gold Loan should keep the following things in mind:
1. First of all, Gold Jewelry include Bangles, necklace, earrings or any other form of jewellery.
2. Also, Gold Coins are not approved for a Gold Loan.
3. Finally, Bars of Gold also cannot be used.

Pandyan Grama Bank Gold Loan Eligibility

Age 18-70 years of age
Nationality Indian
Employment Status
Salaried, Self-Employed
Gold Quality, Quantity
Minimum 18 Carats, minimum 10 grams
Requirements
Gold ornaments (18-22 carats)
CIBIL score Above 500

Pandyan Grama Bank Gold Loan Interest Rates

Pandyan Grama Bank Gold Loan

In general Loan on Gold, the 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 loans. 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 1% per month interest rate.

Gold Loan Rate 7.00% p.a.
Repayment Scheme
Bullet Repayment Scheme, Overdraft Scheme
Prepayment Charges 0 – 2 %.
Service Charges variable
Document Charges variable
Gold Valuation Charges variable
Processing Fee 0.85%.

gold loan at 7%

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

Pandyan Grama Bank Gold Loan Per Gram- Updated January 2021

Updated - Gold Loan Per Gram Rate w.e.f Apr 17 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

Pandyan Grama Bank Gold Loan Required Documents

Photographs
2 Passport-Sized latest coloured photos
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. (Only 1 is required)
Agricultural Land Proof
Required only if the Loan is taken for Agricultural Purpose. In the case of Agriculture Loan on the gold of more than Rs. 1 lakh there is no requirement of proof for allied agriculture purposes.
Demand Promissory Note
Certificate by the Jewel Appraiser (Bank will arrange)

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.


gold loan at 7%

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Pandyan Grama Bank Gold Loan Process

Advantages of Pandyan Grama Bank Gold Loan via Dialabank

  • 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

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

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.


gold loan at 7%

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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

Scheme Pandyan Grama Bank 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 Pandyan Grama Bank Agricultural Jewel Loan Scheme

  • Pandyan Grama Bank does not charge a processing fee 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 online Gold Loan?

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

2. Dialabank presents you 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 houses.

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

gold loan at 7%

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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 which is 70% 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

Other Major Gold Loan Providers

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