State Bank of Travancore Gold Loan Key Features – Apply Now
| State Bank of Travancore Gold Loan Interest Rate | 7.25% per annum |
| State Bank of Travancore Gold Loan Per Gram Rate | Rate Per Gram is ₹ 3,800 to ₹ 4,350 |
| State Bank of Travancore Gold Loan Processing Fee | Up to 0.23%, Maximum ₹ 20,381. |
| State Bank of Travancore Maximum Loan Amount | Up to Rs. 75 Lakh |
| State Bank of Travancore Minimum Loan Amount | Up to 70% of LTV |
| State Bank of Travancore Gold Loan Prepayment Charges | 0.5% to 1%+ GST of the Loan Amount |
| State Bank of Travancore Gold Loan Repayment Tenure | Up to 36 months |
| State Bank of Travancore Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
About State Bank of Travancore Gold Loan
The State Bank of Travancore offers Gold Loan to meet the financial needs of customers who need money immediately or in the event of a financial emergency. To cater to lenders from middle and low-income groups, the Gold loan offers quick credit for many purposes. We provide an effective solution to meet short-term financial situations.
Funds from the State Bank of Travancore Gold loan can be used for weddings, education, business growth, or any other similar purpose. With very little documentation, an State Bank of Trancove gold loan is easy to get which will help in meeting your financial needs. The State Bank of Travancore Gold Loan has certain benefits such as quick processing time, low interest rates, intermediate time, etc.
- State Bank of Travancore Gold Loan Interest Rate is 7.25% per annum
- State Bank of Travancore Gold Loan Per Gram Rate is ₹ 3,800 to ₹ 4,350.
- State Bank of Travancore Gold Loan Tenure is from a minimum of 6 months to 36 months
- State Bank of Travancore Gold Loan Processing Fee is Up to 1% + GST of the Loan Amount
How Much Gold Loan Can I Get Through State Bank of Travancore
Based on the latest gold prices, the State Bank of Travancore offers a gold loan of, Rs 5,121. State Bank of Travancore Gold Loan Per Gram Rate Today is ₹ 3,800 to ₹ 4,350 with 22-carat dresses cut on the largest LTV 90% and the average cost of a gold loan in the last 30 days in 2021 is ₹ 3,800 to ₹ 4,350 of my 22-carat.
State Bank of Travancore Gold Loan Per Gram – updated January 2021
Updated - Gold Loan Per Gram Rate w.e.f Apr 26 2024 |
||||
| Gold Weight | Gold Purity 24 Carat |
Gold Purity 22 Carat |
Gold Purity 20 Carat |
Gold Purity 18 Carat |
| 1 gram | 4621 | 4290 | 3900 | 3510 |
| 10 gram | 46210 | 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 |
Why Choose State Bank of Travancore Gold Loan?
Why should you choose the State Bank of Travancore for a Gold Loan? Here are some reasons:
- The bank is very committed to its customers.
- The maximum loan amount is from a minimum of thousands to 1 crore.
- Fast processing and extraction.
- Very low-interest rate.
- Small documents are required.
Know More – Best Gold Loan Services
Advantages of State Bank of Travancore Gold Loan
- Multipurpose – A State Bank of Travancore Gold loan can be used for any legal purpose, from education to housing or business.
- Instant Permit – You can get the State Bank of Travancore Gold Loan without any problems, with small paperwork and a qualifying process.
- High Price – Borrowers can get Gold loans for different categories, depending on their needs and background.
- Competitive Interest – State Bank of Travancore Gold Loans comes with a competitive Gold Loan Interest Rate on Term Loan, Overdraft and EMI-based loans and making light paid out of pocket. Pay off your gold loan at a lower EMI, in addition to your choice.
- Prepayments – Borrowers can choose to repay a Gold State Bank of Travancore Gold loan without having to worry about prepaid rates.
- Foreclosure – In the case of Gold Loan Foreclosure, 0.50% of the principal amount is to be paid.
State Bank of Travancore Gold Loan Eligibility
Gold Loan is a type of product provided by a bank that takes care of your short-term or long-term financial needs. It is easy to find a trading service offered by banks at low interest rates and also requires the same small documents. The State Bank of Travancore provides you with a loan amount within one hour of applying as the balancing and approval process is undertaken immediately, keeping in mind your urgency in relation to the need for money.
Basic Eligibility Criteria for availing a State Bank of Travancore Gold Loan is:
| Age Criteria | 18 to 75 years |
| Gold Requirements | Gold Ornaments (18-22 carats) |
| CIBIL Score | Above 500 |
| Nationality | Indian |
State Bank of Travancore Gold Loan At Home
With the changing requirements of the times, State Bank of Travancore has devised a simple yet effective solution that will simplify your life. Just as you can get groceries, clothes, and other necessities delivered to your door, you can now acquire a gold loan from the comfort of your own home.
State Bank of Travancore Gold Loan At Home is a one-step option if you are in urgent need of finances, are too busy to visit a bank, or prefer social distancing. The procedure is simple to follow. To apply for a gold loan, you must first contact us by phone. Our executive from the nearest branch will pay you a visit as soon as possible.
Following are some of the benefits of State Bank of Travancore Gold Loan At Home:
- Faster processing
- Attractive interest rates
- Maximum value of gold
- Flexible repay tenures
- Easy payment options
- No additional charges
- 24*7 customer support
- Full security of the gold
- No hidden fees
- Service at your doorstep within 30 minutes
Documents Required for State Bank of Travancore Gold Loan
A Loan Against Gold is a type of loan that is offered to applicants or the borrowers by the State Bank of Travancore where funds are provided to meet the applicant’s financial needs. The applicant’s gold ornaments are held as collateral by the bank for funding. The entire process of the State Bank of Travancore Gold Loan is problem-free and easy to obtain in small print. Maximum security is guaranteed for your gold jewellery until the loan closes.
Following are the documents:
| Identity Proof | Aadhaar Card/Pan Card/ Passport/ Voter ID (Anyone) |
| Residence Proof | Aadhaar 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 |
State Bank of Travancore Gold Loan Interest Rate, Fees, and Charges
Gold Loan can meet all your short-term and long-term emergency needs. The Interest rate on Gold Loan which you will be charged depends on the value of the loan and the quality/purity of the gold that you must keep as bank security. Rates offered by the State Bank of Travancore for Gold Loan are relatively very low as compared to other loans.
| Gold Loan Interest Rate | 7.25% per annum |
| Pre-payment Charges | 1% of the outstanding amount |
| Processing Fee | up to 1% |
State Bank of Travancore Gold Loan Apply Online
You can apply with Dialabank by following the steps below to get a Gold Loan according to your need.
- First, go to Dialabank’s digital platform.
- Our expert will contact you and guide you with the gold loan process.
- You can get customized service, giving you the opportunity to compare and take the best deal depending on your needs at no additional cost.
- With Dialabank, you can compare different offers and programs from different banks based on the loans offered and the interest rate charged by choosing the best loan agreement.
How to Pay Your State Bank of Travancore Gold Loan EMI?
Your development of the State Bank of Travancore can be paid for in the following three different ways.
- Standing Instruction (SI): If you are currently a record holder with the State Bank of Travancore, Standing Instruction is the best way to pay. Your EMI amount will be charged automatically at the end of each monthly cycle from the State Bank of Travancore account you display.
- Electronic Clearing Service (ECS): This method may be used if you have a non-Travancore bank account and you may require your EMI to be charged as a result until the end of the monthly cycle from this record.
- Post-Dated Checks (PDC): You may submit the latest EMI checks from a non-State Bank of Travancore account at your nearest State Bank of Travancore Loan branch. The new PDC layout must be installed on time. It would be good to note that Post-Dated Checks will be collected at non-ECS locations.
Gold Ornaments Accepted by State Bank of Travancore
Any type of Gold jewellery like Gold Bangles, gold rings, gold anklets, and Gold necklaces, all are accepted by receiving a Gold Loan.
Uses of State Bank of Travancore Gold Loan
- Funding any personal expenses such as marriage, travel, tuition fees, etc.
- For all the needs of your business, such as buying raw materials, expanding the business, etc.
- You can also get a Gold Loan for agricultural purposes. The Bank offers low-interest rates on Gold Loans for agricultural or joint ventures.
State Bank of Travancore Agricultural Jewel Loan Scheme
| Scheme | State Bank of Travancore Agricultural Jewel Loan Scheme |
| Interest Rate | Starting from 7.25% 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 State Bank of Travancore Agricultural Jewel Loan Scheme
- No processing fee up to ₹ 25,000
- 0.30% of the loan amount, A minimum of ₹ 300 is applicable to a maximum of, ₹ 25,000.
- 0.28% of total debt, subject to at least ₹ 1500 applies to more than Rs.5 lakh yet less than ₹ 1 crore
State Bank of Travancore Bank Gold Loan Overdraft Scheme
State Bank of Travancore Bank Offers an Overdraft Scheme by giving the loan amount as a Credit Card, where you can spend your Gold Loan Amount as you deem necessary. Though it comes with a Loan Limit, the interest will only be charged on the money used.
Please Note RBI has decided to increase the LTV ratio for Gold Loan from 75% to 90% till 31st March 2021
FAQs About State Bank of Travancore Gold Loan
✅ What are the documents needed to profit the State Bank of Travancore Gold Loan?
- Proof of address, for example, driving license, Aadhar card, passport, voting ID, etc.
- Personal proof, for example, driving license, Aadhar card, Passport, Ban card, Voter ID card etc.
- Proof of agricultural commercial land on behalf of the candidate.
- Evidence that the harvest will be improved.
✅ Who can apply for the Loan?
Every farmer is ready to get a loan as soon as possible as loans are provided for agriculture.
✅ What are the primary highlights of the Agricultural Jewel Loan Scheme?
- No unpublished fees.
- Ruby appraiser and administrative costs will be important.
- The interest rate is low.
- The refund plan is profitable.
- The front rotation is simple and hassle-free.
✅ What is the State Bank of Travancore Gold Loan?
State Bank of Travancore Gold Loans is a safe loan that comes with immediate repayment to meet your immediate financial needs. Gold loans can be obtained at attractive interest rates.
✅ How much Gold Loan Can I get per gram from the State Bank of Travancore?
Depending on the quality of your gold you can get a loan of ₹ 3,800 to ₹ 4,350 gold from the State Bank of Travancore Gold Loan rate per gram.
✅ What is the gold loan interest rate in the State Bank of Travancore?
State Bank of Travancore’s gold lending rate is around 7.25% per annum. The ratio will vary depending on the purity of the gold and the number of loans to be issued.
✅ How to check gold loan status in the State Bank of Travancore?
You can check your State Bank of Travancore gold credit status online by visiting the online banking website and filling out a form for your gold loan application details.
✅ What is the maximum gold loan amount I can avail myself of from the State Bank of Travancore?
You can get up to 90% of the total value of gold from Travancore State Bank.
✅ What is the loan tenure of the State Bank of Travancore gold loan?
The maximum term of your gold loan at Travancore State Bank is up to 36 months.
✅ How much processing fee is applicable on the State Bank of Travancore Gold loan?
Travancore State Bank can charge a processing fee of up to 1% on their gold loan.
✅ What are the charges for pre-payment in the State Bank of Travancore gold loan?
State Bank of Travancore charges up to 1% of the outstanding loan as the cost of repaying its gold loan.
✅ How to renew the State Bank of Travancore Gold Loan online?
You can always renew your State Bank of Travancore Gold Loan online by logging into your mobile application account and entering your credit account details and renewing the Gold Loan under the Gold Loan section.
✅ How to pay State Bank of Travancore Gold loan interest online?
You can use the different payment options available on the Bank’s website or repay your loan amount through Net Banks, Bank Cards or Mobile App to repay the State Bank of Travancore Gold Loan online.
✅ What if I can’t pay the interest on the State Bank of Travancore Gold loan for 3 months?
If the State Bank of Travancore fails to repay the gold loan, you will be warned first by the bank that you will make other mistakes. But if the default continues, you can store your gold jewellery online.
✅ How can I apply for an EMI moratorium on the State Bank of Travancore Gold loan?
You can log in with your details and apply online to suspend the State Bank of Trankov Gold Loan or visit the bank.
✅ How to pay the State Bank of Travancore Gold loan through a credit card?
Repayment of State Bank of Travancore Gold Loan with a Credit Card will not be allowed.
✅ How much Gold Loan can I get per gram in the State Bank of Travancore?
The amount of gold credit per gram depends on the quality of your gold and the price of gold in the market. Travancore State Bank offers a subsidy of 75-90% of the market price of gold.
✅ How to pay the State Bank of Travancore Gold Loan online?
You can even pay for your gold loan from the State Bank of Travancore in monthly instalments or by dated checks.
✅ How to apply for Gold Loan in the State Bank of Travancore?
Apply for Gold Loan at the State Bank of Travancore by visiting the branch and inquiring with your bank. You can apply online with a Dialobank service provider and get offers and deals tailored to your needs.
✅ How to get the State Bank of Travancore Gold Loan?
You can also get a quick gold loan from the State Bank of Travancore by visiting the branch or by making an online inquiry on Dialbank’s digital site.
✅ How to check State Bank of Travancore Gold Loan status?
Check your gold credit status by calling the State Bank of Travancore at their customer care number. You can visit the branch yourself and ask the bank clerk for any updates.
✅ How to close State Bank of Travancore Gold Loan?
You can close your State Bank of Travancore gold loan once you have paid all the money you were waiting for. The bank behind the documents will close your loan and repay you with the promised gold.
✅ How to renew the State Bank of Travancore Gold Loan?
If you want to renew your gold loan with Travancore State Bank, all you have to do is visit the branch and your documents and apply for renewal. Your gold will be reviewed and new credit terms will be determined. After paying the small fee, your loan will be renewed for a new period.
✅ What happens if someone defaults State Bank of Travancore Gold Loan?
When you pay off your gold loan, the bank will initially remind you of the amount you are waiting for. You will then be given legal notice at the address you provided. In the event of a mistake, the bank acquires legal rights to sell your promised gold to recover the remaining amount.
✅How many branches of State Bank of Travancore Gold Loan?
State Bank of Travancore has its headquarters in Thiruvananthapuram, Kerala with over 1157 branches all over India.
✅ What is the State Bank of Travancore Gold Loan Overdraft Scheme?
State Bank of Travancore offers an Overdraft Scheme by giving the loan amount as a Credit Card, where you can spend your Gold Loan Amount as you deem necessary. Though it comes with a Loan Limit, the interest will only be charged on the money used.
✅ What is the customer care number for the State Bank of Travancore Gold Loan?
For any assistance regarding a gold loan in State Bank of Travancore, you can contact on the number 9878981144.
✅ What is the foreclosure charge for the State Bank of Travancore Gold Loan?
State Bank of Travancore charges a borrower up to 0.50% on the principal amount as the Foreclosure charges.
✅ What is the State Bank of Travancore Gold Loan closure procedure?
The State Bank of Travancore Gold loan will only close after the payment is done in full.
✅ What is the State Bank of Travancore Gold Loan Preclosure charges?
The State Bank of Travancore Preclosure charges are 2%+GST (Within 3 Months), 0 (After 3 months)
✅ What is the maximum gold loan tenure?
The maximum gold loan tenure for the State Bank of Travancore is 36 months.
✅ What is the minimum gold loan tenure?
The minimum gold loan tenure is 6 months for the State Bank of Travancore.
