Sarva UP Gramin Bank Gold Loan

GOLD LOAN @ 0.57%*
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⍟  Highest Rate Per Gram
⍟  Lowest Interest Rate of 0.57% p.m.

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    Sarva UP Gramin Bank Gold Loan

    Sarva UP Gramin Bank Gold Loan Key Features – Apply Now

    Sarva UP Gramin Bank Gold Loan Collateral Gold ornaments
    Sarva UP Gramin Bank Gold Loan per gram ₹ 3,506 to ₹ 4,621 depending on the purity of gold
    Sarva UP Gramin Bank Gold Loan Age of Borrower 18 – 75 years
    Sarva UP Gramin Bank Gold Loan Maximum Loan Amount Up to 1 crore
    Sarva UP Gramin Bank Gold Loan Maximum Loan to Gold Value Ratio Up to 75%
    Sarva UP Gramin Bank Gold Loan purity of Eligible gold 18 carat to 22-carat gold
    Sarva UP Gramin Bank Gold Loan Maximum Loan Tenure Up to 36 months

    Advantages of Sarva UP Gramin Bank Gold Loan 

     

    Sarva UP Gramin Bank Gold Loan

    1. Great Availability: First and foremost, Loan against gold is a secured service. Therefore the processing of the Sarva UP Gramin Bank Gold Loan is fast as the bank is mostly concerned with the quality and weight of the gold.
    2. Low Rate of Interest: In contrast to services like personal loans, the gold loan has the least interest rate as banks keep security against the loan.
    3. Negligible foreclosure charges: Generally, banks do not have any prepayment charges, but some banks / NBFC’s can charge a penalty of just 1%.
    4. Safety of Ornaments: The ornaments are more secure with the banks due to the strict security In the banking institutions which is quite less at homes.
    5. No qualification of Credit Score: As Sarva UP Gramin Bank Gold Loan is a secured loan, therefore, the applicant does not have to worry about bad loan repayment history.
    6. Income-proof not required: The salary of an applicant is not an issue for availing a gold loan as it depends majorly on the weight and quality of gold available with the applicant.
    7. No loan processing charges: Another advantage is that the applicant does not have to pay extra for this service as the approval solely depends upon the asset kept as security.
    8. Flexible tenure: In addition to other advantages,  the applicant can choose the tenure of the loan according to their requirements and needs.
    9. Only payment of interest: Lastly, the applicant has the option to pay the principal amount at the end of the tenure and only the interest every month.
    10. Foreclosure: Bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure.

    How many loans Can I Get Through Sarva UP Gramin Bank?

    Sarva UP Gramin 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 2450 2732 3015 3297
    10 gms 24500 27320 30150 32970
    20 gms 49000 54640 60300 65940
    30 gms 73500 81960 90450 98910
    50 gms 122500 136600 150750 164850
    100 gms 245000 273200 301500 329700
    200 gms 490000 546400 603000 659400
    300 gms 735000 819600 904500 989100
    500 gms 1225000 1366000 1507500 1648500

    About Sarva UP Gramin Bank Gold Loan

    Sarva UP Gramin Bank was set up on 30 November 2007. The Regional Rural Banks (RRB’s) were set up in the country under RRB Act 1976. They are Kisan Gramin Bank of Budaun, Uttar Pradesh Gramin Bank of Meerut, Devi Patan Kshetriya Gramin Bank of Gonda as well as Rani Laxmibai Kshetriya Gramin Bank of Jhansi. Besides that the bank has 501 branches around 17 districts of Uttar Pradesh; it will also have one office in Haridwar District of Uttarakhand. Punjab National Bank sponsors the Bank. The bank provides financial services to people like personal loansGold loans, and Loan against property and many more.

    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 gold loan at a discount of 1% on the Gold loan interest rate. Finally, if you want to use the loan amount for agricultural purposes and you have gold jewellery then, Gold Loan is the best option for you.

    Sarva UP Gramin Bank Gold Loan Eligibility

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

    Sarva UP Gramin Bank Gold Loan Documentation

    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

    Sarva UP Gramin Bank Gold Loan Interest Rates, Fees and Charges

    Gold Loan Rate 7% per annum
    Processing Fee 0.85% of the loan amount + GST
    Loan to Gold value Up to 75%
    Pre-payment Charges 0- 2%

    Types of Sarva UP Gramin Bank Gold Loan

    • The agricultural loan is provided to farmers for agricultural purposes at a special rate of interest.
    • Non- agricultural purpose loans against gold are provided to individuals for all kinds of purposes except agrarian purposes. The rate of interest is slightly higher.

    Sarva UP Gramin Bank Gold Loan Apply Online

    • Visit Dialabank
    • Fill the Gold Loan form
    • Wait for our relationship manager to contact you with the best offers.

    Sarva UP Gramin 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

    How to Pay Your Sarva UP Gramin Bank Gold Loan EMI?

    Your Sarva UP Gramin Bank gold loan can be repaid in the following ways:

    1. Standing Instruction (SI): If you are a current record holder with the Sarva UP Gramin Bank, Standing Instruction is the best method of repayment.
    2. Electronic Clearing Service (ECS): This can be utilised if you have a non-Ujivan Small Finance Bank account and might want your EMIs to be charged consequently.

    Sarva UP Gramin Bank Gold Loan Contact Number

    For any assistance in case of a gold loan from Sarva UP Gramin Bank required you may contact on the number 9878981144.

    Gold Ornaments Accepted by Sarva UP Gramin Bank

    Gold jewellery in any form like Gold Bangles, rings, anklets, and Gold necklaces, are accepted for availing a Gold Loan provided they are between 18-24 carats.

    Uses of Sarva UP Gramin Bank Gold Loan

    The loan amount acquired by availing the Sarva UP Gramin Bank Gold Loan service can be used for several purposes such as:

    • To finance personal expenses like a wedding, travel, medical bills, etc.
    • For all your financial business requirements, such as buying raw material, inventory, etc.

    Sarva UP Gramin Bank Agricultural Jewel Loan Scheme

    Scheme Sarva UP Gramin Bank 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 the 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 Sarva UP Gramin Bank Agricultural Jewel Loan Scheme

    • Sarva UP Gramin Bank charges a processing fee of up to ₹ 500
    • Minimum of ₹ 300 charge, that is 0.30% of the loan amount, applies to the amount ranging from above ₹  20,000 – less than ₹ 20 lakh
    • 0.28% of the credit sum, subject to at least Rs.1,500 applies to the amount more than Rs.5 lakh however under Rs.1 crore.

    Sarva UP Gramin Bank Gold Loan Overdraft Scheme

    Sarva UP Gramin 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 Sarva UP Gramin Bank Gold Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.

    FAQs About Sarva UP Gramin Bank Gold Loan

    What is Sarva UP Gramin Bank Gold Loan?

    Sarva UP Gramin Bank Gold Loan is a secured loan that can be availed by using your gold as a security with the bank. The Sarva UP Gramin Bank Gold Loan is an instant solution for all your urgent monetary needs. The rate of interest starts at 10.70% per annum with a maximum loan tenure of 12 months.

    How can I get Gold Loan from Sarva UP Gramin Bank?

    You can avail Gold Loan from the Sarva UP Gramin Bank is a hassle-free and straightforward process:

    • Fill in your vital information in the form available on Dialabank.
    • Our trained Relationship Manager will get in touch with you within 30 minutes.
    • We will suggest you the loan according to your requirements, in your specific city.
    • Visit the assigned branch of the bank.
    • Get the loan sanctioned in just 30 minutes.

    How much Gold Loan can I get per gram in Sarva UP Gramin Bank?

    The Gold loan per gram rate by Sarva UP Gramin Bank varies daily, and you will have to contact the customer care executive for the same. The bank gives a Loan to a Value of 75%.

    How does Sarva UP Gramin Bank Gold Loan work?

    The Sarva UP Gramin Bank Gold Loan is a secure credit availing service available for those who have urgent cash requirements and can pledge gold ornaments as collateral security. Once the gold pledged with the bank is valued, the bank processes the loan amount in your indicated account immediately. Various repayment options are available for repaying the loan.

    What is the Gold Loan interest rate in Sarva UP Gramin Bank?

    The rate of interest depends on the total amount of the loan and the purpose of the loan. Sarva UP Gramin Bank rate of interest begins from 7% per annum.

    What is the maximum loan amount I can avail myself of on a Gold Loan from Sarva UP Gramin Bank?

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

    What is the loan tenure of Sarva UP Gramin Bank Gold Loan?

    The maximum tenure of your Sarva UP Gramin 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 on Sarva UP Gramin Bank Gold Loan?

    No processing fee is charged.

    What if I can’t pay the interest on Sarva UP Gramin Bank Gold Loan for 3 months?

    If someone defaults on the payments of Sarva UP Gramin 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 Sarva UP Gramin Bank Gold Loan?

    You can apply for the Sarva UP Gramin 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.

    What is the Overdraft Scheme for Sarva UP Gramin Bank Gold Loan?

    Sarva UP Gramin Bank does provide an Overdraft Scheme and the overall loan amount will have a Credit/Loan Limit. In the Sarva UP Gramin Bank Gold Loan Overdraft facility, the bank charges interest only on the amount that you will withdraw/utilize.

    What is the Sarva UP Gramin Bank Gold Loan closure procedure?

    Once the loan is paid, the bank will close your gold loan immediately.

    What is the Sarva UP Gramin Bank customer care number?

    The customer care number is 9878981144

    ✅ What are Sarva UP Gramin Bank Gold Loan Preclosure charges?

    There are no preclosure charges for Sarva UP Gramin Bank.

    What is the maximum gold loan tenure?

    The maximum gold loan tenure is up to 36 months

    ✅ What is the minimum gold loan tenure?

    The minimum gold loan tenure is 6 months

    ✅ What are the foreclosure charges of the Sarva UP Gramin Bank Gold Loan?

    Sarva UP Gramin Bank charges an interested borrower up to .50% on the principal amount in case of a Gold Loan Foreclosure.

    Other Major Gold Loan Providers

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