Ujjivan Small Finance Bank Gold Loan Bank Key Features
Up to Rs. 1 Crore (With Income Proof)
|USF Bank Gold Loan Interest Rate||7.0% per annum|
USF Bank Gold Loan Rate Per Gram
|Rate Per Gram is ₹ 5,121|
0.85% of the Principal Loan Amount
2%+GST (Within 3 Months), 0 (After 3 months)
Up to 36 Months
Bullet Payment Scheme, Overdraft Scheme
Advantages of Ujjivan Small Finance Bank (USF) Gold Loan?
- The bank is very dedicated to its customers.
- High Loan amount
- Quick processing.
- Worse credit history/ CIBIL score, not an issue
- Instant Processing and Disbursal
- Low-interest rates
- Minimum documentation required
- Flexible repayment options
How Much Gold Loan Can I Get Through Ujjivan Small Finance (USF) Bank?
According to the latest gold prices, Ujjivan Small Finance (USF) Bank is offering gold loans per gram at Rs 5121. The highest amount offered by Ujjivan Small Finance (USF) Bank for gold per gram today is ₹ 5,121 for 24-carat jewelry calculated at a maximum LTV of 75% and average gold loan prices of the last 30 days in 2020 are ₹ 5,121 of 22 carats.
|Ujjival Small Finance (USF) Bank Gold Loan Rates/ Gram|
|Weight||Loan on 18Cr gold||Loan on 20Cr gold||Loan on 22Cr gold||Loan on 24Cr Gold|
About Ujjivan Small Finance (USF) Bank Gold Loan
- Ujjivan Small Finance (USF) Bank Gold Loan Interest Rate is 7.0% per annum
- Ujjivan Small Finance (USF) Bank Gold Loan Per Gram Rate is ₹ 5,121
- Ujjivan Small Finance (USF) Bank Gold Loan Tenure: Up to 36 months
- Ujjivan Small Finance (USF) Bank Gold Loan Processing Fee is Up to 0.85% of the Loan Amount + GST
Ujjivan Small Finance (USF) Bank Gold Loan Eligibility
|Requirements||Gold ornaments (18-22 carats)|
|CIBIL score||Above 500|
Ujjivan Small Finance (USF) 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|
Ujjivan Small Finance (USF) Bank Gold Loan Interest Rates, Fees and Charges
|USF Gold Loan Interest Rate||7.0% per annum|
0.85% of the Principal Loan Amount
2%+GST (Within 3 Months), 0 (After 3 months)
Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs
Late Repayment Charges
2% p.a. + Applicable rate of interest.
Renewal Processing Fees
|Rs 350 + GST|
Types of Ujjvan Small Finance Bank (USF)
- Farmers applying for the agricultural loan get special interest rates.
- Gold loan for any other purposes other than agricultural activities makes to charge slightly higher interest rates.
Ujjivan Small Finance (USF) Bank Gold Loan Apply Online
- Visit Dialabank
- Fill the Gold Loan form
- Wait for our relationship manager to contact you with the best offers.
Ujjivan Small Finance (USF) Bank Gold Loan EMI Calculator
|Rate of Interest||6 months||1 Yr||2 Yrs||3 Yrs|
How to Pay Your Ujjivan Small Finance (USF) Bank Gold Loan EMI?
Your Ujjivan Small Finance Bank gold loan can be repaid in the following ways:
- Standing Instruction (SI): If you are a current record holder with the Ujjivan Small Finance Bank, Standing Instruction is the best method of repayment.
- Electronic Clearing Service (ECS): This can be utilized if you have a non-Ujivan Small Finance Bank account and might want your EMIs to be charged consequently.
Ujjivan Small Finance (USF) Bank Gold Loan Contact Number
For any assistance in case of a gold loan from Ujjivan Small Finance Bank required you may contact on the number 9878981144.
Gold Ornaments Accepted by Ujjivan Small Finance Bank (USF)
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 Ujjivan Small Finance (USF) Bank Gold Loan
The loan amount acquired by availing the Ujjivan Small Finance 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.
FAQs About Ujjivan Small Finance (USF) Bank Gold Loan
✅ What is Ujjivan Small Finance (USF) 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.
Gold Loan from Ujjivan Small Finance can be availed in mentioned easy steps:
- Go on to Dialabank and fill up the details asked for.
- Within 30 minutes, you will be talking to our well-trained Relationship managers.
- You will be told about the different types of loans according to your needs.
- Visit the nearest branch of the selected bank.
- Your loan approval will be done with half an hour.
✅ How much Gold Loan can I get per gram in Ujjivan Small Finance (USF) Bank?
The loan rate per gram of gold offered by Ujjivan Small Finance Bank is Rs 5,121. The bank gives a Loan to Value of 75%.
The Ujjivan Small Finance 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 Ujjivan Small Finance (USF) 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 7.0% per annum.
✅ How to check Ujjivan Small Finance (USF) 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.
You can easily calculate the gold loan interest rate in Ujjivan Small Finance Bank by subtracting the principal amount from the total sum to be paid.
You can get a maximum amount of Rs 1 crore on a Ujjivan Small Finance Bank Gold Loan as the bank offers around 75% of the gold ornaments’ market value.
The maximum tenure of your Ujjivan Small Finance Bank Gold Loan is up to 36 months. However, you’ll be required to renew your loan plan after a year.
A processing fee of up to 0.85% of the loan amount or ₹1000 whichever is higher is charged.
✅ How to renew Ujjivan Small Finance (USF) 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.
Bank charges approximately Rs. 250- Rs. 500 for renewal of the gold loan.
Ujjivan Small Finance Bank charges nothing for the prepayment of the gold loan.
✅ How to pay Ujjivan Small Finance (USF) Bank Gold Loan Interest 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.
If someone defaults on the payments of Ujjivan Small Finance 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.
You can apply for the Ujjivan Small Finance 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.
As per RBI Guidelines, Ujjivan Small Finance Bank Gold loan cannot be repaid via credit cards. Other payment modes such as net banking, debits cards, cheques, DDs can be used for loan repayment.