Ujjivan Small Finance Bank Gold Loan

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Unlock the Real Value of your Gold

Rates as low as 1% p.m.
Get Money in 30 Mins
Loan Amount Up to 1 Crore
Loan Tenure Up to 48 Months
Unbiased Experts Advice

About Ujjivan Small Finance Bank Gold Loan

Ujjivan Small Finance Bank is a private sector bank and founded on 1st February 2017. The bank provides several financial banking and non-banking facilities. It includes a gold loan, personal loan, home loan and education loan. Gold loan is also known as a loan against the gold. It comes under the secured loans. In a gold loan, you get a loan amount against your gold jewelry from the banks or non-banking financial companies at some rate of interest. This loan amount is given for a given tenure of time.
Gold Loan is preferred because it is quickly disbursed, easy to access. Another thing is that if you have gold in any form and you are not using this gold, and if you want it to put safely in the bank you have to buy a locker n bank, and you will be charged for this and bank will not take its full responsibility. So it’s better to get the gold loan you will get money as the security of your gold at the same time and same place. What would be better than this?

Ujjivan Small Finance Bank Gold Loan Interest Rates

Gold Loan rates keep on changing with the passage of time as well as vary from person to person. The Ujjivan Small Finance Bank Gold Loan is available at 1% per month interest rate.

  • Interest rate – 10.70 %
  • Low processing fee – 0.85%
  • Pre-closer charges range from 0-2 %.

Why Choose Ujjivan Small Finance Bank Gold Loan?

Ujjivan Small Finance Bank Gold Loan

  • The bank is very dedicated to its customers
  • High Loan amount
  • Quick processing.
  • Bad credit history/ CIBIL score, not an issue
  • Instant Processing and Disbursal
  • Low interest rates
  • Minimum documentation required
  • Flexible repayment options

Ujjivan Small Finance Bank Gold Loan Eligibility

  • The age of the customer should not be less than 18 years.
  • The applicant should be a citizen of India.
  • The applicant should have gold in an appropriate form.
  • The quality of the gold should be 18 Carat to 22 Carat.

Ujjivan Small Finance Bank Gold Loan Documentation

  • Identity Proof – Aadhar Card / Voter ID card / PAN Card / Driving License / Passport.
  • Proof of Residence – Aadhar Card / Voter ID card / PAN Card / Driving License / Passport / Ration Card / Electricity or Water bills of last three months with the name of the applicant.
  • Two colored photographs.
  • Land Proof – In the case of Agriculture Loan on gold of more than ₹1 lac.

Ujjivan Small Finance Bank Gold Loan Process

  • The bank checks the purity of the gold.
  • The bank verifies the market rate for gold and the price of the previous day is take 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 Ujjivan Small Finance Bank Gold Loan

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

FAQs About Ujjivan Small Finance Bank Gold Loan

Q. How much Gold Loan can I get per gram in Ujjivan Small Finance Bank?

The loan rate per gram of gold by Ujjivan Small Finance Bank varies daily and you will have to contact the customer care executive for the same. The bank gives a Loan to Value of 75%.

Q. What is Ujjivan Small Finance Bank Gold Loan?

Ujjivan Small Finance Bank will provide you up to ₹20 Lakhs Bank will accept gold in all forms with purity 18 karat to 22 karats at competitive interest rates and tenure of maximum 24 months. This loan can be used for solving any monetary issues faced by the borrower.

Q. What is the Gold Loan interest rate in Ujjivan Small Finance Bank?

The rate of interest depends on the total amount of the loan and the purpose of the loan. Ujjivan Small Finance Bank rate of interest begins from 10.49% per annum.

Q. How to pay Ujjivan Small Finance Bank Gold Loan online?

The bank 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.

Q. How to apply Gold Loan in Ujjivan Small Finance Bank?

You can apply for the loan by visiting the nearest branch of the bank or applying online through Dialabank’s digital platform to get the best deals.

Q. How to renew Ujjivan Small Finance Bank Gold Loan online?

Renewal procedure of Gold Loan required your presence in the branch as the gold you kept earlier with the bank has to be dealt with. For detailed information, contact the customer care executive or visit the branch directly.

Q. How to take Gold Loan from Ujjivan Small Finance Bank?

Taking the Gold Loan is a simple and easy process. You just need to be eligible for the loan and the bank gives you quick disbursal at competitive interest rates. You can apply by visiting the nearest branch of the bank providing the Gold Loan service or apply online at Dialabank.com.

Q. What is Gold Loan in Ujjivan Small Finance Bank?

Gold Loan facility provided by Ujjivan Small Finance Bank is a financial product which can be used to fulfil any emergency requirements of funds by the borrower. You get these loans at lower interest rates as compared to the other forms of loan as these are a type of fully secured loans.

Q. How to get Ujjivan Small Finance Bank Gold Loan?

There are no eligibility criteria for taking gold loans which makes it easier to get the loan. You can apply for the loan by filling a form and attaching the required documents with the form and submitting it with the loan officer. The officer will check the documents, get the gold valuated and make an offer. The loan is approved when this offer is agreed by both parties.

Q. How to check Ujjivan Small Finance Bank Gold Loan status?

You can check the status of your Gold Loan by visiting the bank’s branch and contacting the loan officer who is in charge of your file.

Q. How to close Ujjivan Small Finance Bank Gold Loan?

You can close your Indian Bank Gold Loan once you have paid all your pending dues. The bank after documentation will close your loan and return to you the gold that was pledged.

Q. How to renew Ujjivan Small Finance Bank Gold Loan?

Renewal of the Gold Loan by Ujjivan Small Finance Bank can be done by visiting the bank branch with all your documents related to the gold loan, getting the gold kept as security released and revalued based on the market prices and agreeing on the new terms formed.

Q. What happens if someone defaults Ujjivan Small Finance Bank Gold Loan?

If someone defaults the Gold Loan repayment, the bank has full rights to sell the gold ornaments that were kept as security to recover the loan amount.

Q. How many branches of Ujjivan Small Finance Bank Gold Loan?

Ujjivan Small Finance Bank Limited serves over 37.13 lakh active customers, through 441 branches spread across 24 states in India.

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