About Suryoday Small Finance Bank Gold Loan
Suryoday Small Finance Bank Gold Loan Key Features
Up to Rs. 1 Crore (With Income Proof)
|Suryoday Gold Loan Interest Rate||7.0% per annum|
Suryoday Gold Loan Per Gram
|Rate Per Gram Today is ₹ 5,121|
Bullet Payment Scheme, Overdraft Scheme
Suryoday Small Finance Bank Gold Loan Interest Rates
In general, Gold Loan is available at a low-interest rate. The reason behind this is that the gold loan is a secured loan. 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.
Apart from the below-mentioned charges, the bank may charge you for gold valuation, documentation, and service.
|Gold Loan Rate||7.0%|
|Repayment Scheme||Bullet Repayment Scheme, Overdraft Scheme|
|Gold Required||Minimum 18 Cr|
Why Choose Suryoday Small Finance Bank Gold Loan?
- The bank provides up to the mark services.
- You can avail of a High Loan amount
- Quick processing
- A bad credit history/ CIBIL score is not an issue. You can apply with a CIBIL score of even 500.
- Instant Processing and Disbursal
- Affordable interest rates
- Minimal documentation
- Flexible and easy repayment options
Suryoday Small Finance Bank Gold Loan Eligibility
|Age||18-70 years of age|
|Employment Status||Salaried, Self-Employed|
|Gold Quality||Minimum 18 Carats|
|Requirements||Gold ornaments (18-22 carats)|
|CIBIL score||Above 500|
Suryoday Small Finance Bank Gold Loan Documentation
|Photographs||2 latest Passport-Size photos without spectacles|
Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)
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|
|Requirements||Gold ornaments (18-22 carats)|
|CIBIL score||Above 500|
How Much Can I Get Through Suryoday Small Finance Bank Gold Loan
|Updated - Gold Loan Per Gram Rate|
|Gold Weight||Gold Purity
Suryoday Small Finance Bank Gold Loan EMI Calculator
|Rate of Interest||6 months||1 Yr||2 Yrs||3 Yrs|
Suryoday Small Finance Bank Gold Loan Process
- The bank checks the purity of the gold.
- The bank verifies the market rate for gold and the rates of the previous day are taken into consideration.
- The LTV (Loan to Value) set by the RBI is 75%.
- If you have acknowledged the Gold loan amount and terms, the lender processes the application. The processing fees & other charges are deducted from your Gold loan amount.
- After signing the agreement, the loan amount is disbursed to your account.
Steps to Apply for Suryoday Small Finance Bank Gold Loan
- Visit Dialabank.
- Fill the Gold Loan form. Make sure you mention your phone number.
- We will shortlist some offers for you and mail them to you.
- Wait for our relationship manager to call you.
FAQs About Suryoday Small Finance Bank Gold Loan
✅ What is Suryoday Small Finance Bank Gold Loan?
Suryoday Small Finance Bank Gold Loan is a secured loan scheme that comes with benefits such as, quick processing, low-interest rates, and tenure of your choice. You can meet all your urgent financial needs with a Gold Loan.
✅ How Can I Get Gold Loan From Suryoday Small Finance Bank?
You can apply for the Gold Loan from Suryoday Small Finance Bank by visiting the branch of the bank with the documents required and filling a form. You can apply from the comfort of your own home by applying from Dialabank’s digital platform. If you have queries, we are available for you at all times on the number 9878981144.
✅ How much Gold Loan Can I get per gram from Suryoday Small Finance Bank?
The rate per gram of gold for Suryoday Small Finance Bank Gold Loans depends on the quality of your gold. Suryoday Small Finance Bank gives you loans against gold at a good funding rate. Currently, Suryoday Small Finance Bank Gold Loan Rate Per Gram is Rs.5,121.
✅ How Does Suryoday Small Finance Bank Gold Loan work?
Suryoday Small Finance Bank Gold loan works through a hassle-free and quick process. You only need to visit the branch with the required documents (Aadhar card, Pan card) and your gold. You can alternatively apply with Dialabank and compare the offers from different lenders to choose the best option available for you.
✅ What is the Gold Loan interest rate in Suryoday Small Finance Bank?
The interest rates charged by the Suryoday Small Finance Bank Gold Loans are less than the rate of interest charged on other loans as it is a fully secured loan. The bank charges an interest rate of 7.0% usually while lending advances against gold.
✅ How to check gold loan status in Suryoday Small Finance Bank?
If you wish to check the status of the Suryoday Small Finance Bank gold loan, you can do so by contacting the customer care executive or visit the bank branch.
✅ How to calculate gold loan interest in the Suryoday Small Finance Bank?
Suryoday Small Finance Bank gold loan Interest is the difference between the loan principal which the lender gives you and the amount which you repay. Use the calculator to calculate your EMIs and plan your repayment properly.
✅ What is the maximum gold loan amount I can avail of on a gold loan from Suryoday Small Finance Bank?
If you match the eligibility criteria, you can avail of a Suryoday Small Finance Bank gold loan of an amount up to a crore. This value is around 70% of the gold given as collateral.
✅ What is the loan tenure of the Suryoday Small Finance Bank gold loan?
You can choose your Suryoday Small Finance Bank gold loan tenure which ranges from 3 months to 3 years. The Suryoday Small Finance bank also provides you with the option of loan renewal.
✅ How much processing fee is applicable to the Suryoday Small Finance Bank Gold loan?
The processing fee for Suryoday small finance Bank gold loan is a minimal of 0.85% of the outstanding loan amount. The bank might also charge you for gold valuation and documentation.
✅ What are the charges for pre-payment in the Suryoday Small Finance Bank gold loan?
Prepayment means paying your loan before the tenure ends, partially or completely. The prepayment fee in Suryoday Small Finance bank gold loan extends from 0 to 2% of the loan amount.
✅ How to renew Suryoday Small Finance Bank Gold Loan online?
Renewal of the Suryoday Small Finance Bank Gold Loan can be done by visiting the branch with all the loan documents. The previously kept gold will be evaluated at current market prices and your loan will then be renewed for another tenure if the new terms of the loan are agreed upon.
✅ How to pay Suryoday Small Finance Bank Gold loan interest online?
The Suryoday Small Finance bank gold loan provides various methods to pay the loan amount such as a Standing Instruction or an ECS. For more information contact the customer care executive of the bank or visit the branch directly.
✅ What if I can’t pay the interest on the Suryoday Small Finance Bank Gold loan for 3 months?
If someone is not able to pay the Suryoday Small Finance bank gold loan dues on or before the due date, the bank charges a penalty fee from the borrower and can also auction the gold to recover the number of defaults is continued.
✅ How can I apply for the EMI moratorium on the Suryoday Small Finance Bank Gold loan?
If you don’t want to repay your gold loan immediately after its disbursal, you can apply for a Suryoday Small Finance Bank gold loan moratorium through its online site or by visiting the bank personally. However, you can only do this minimum of 5 days before the EMI payment date.
✅ How to pay the Suryoday Small Finance Bank Gold loan through credit card?
You cannot repay a Suryoday Small Finance Bank gold loan through a credit card. You can repay it through a debit card, cash, cheque, or through net banking apps such as PayTM.