Utkal Grameen Bank Gold Loan Documents Required

Features of Utkal Grameen Bank Gold Loan

• A gold loan, also known as a loan against gold, helps the borrower to get immediate cash against gold jewellery for financial purposes.
• Gold in India is worshipped and considered auspicious. It is also associated with social status as the amount of gold on the woman’s neck is considered rich and beautiful. Gold, however, is kept reserved as it stays with us and gets passed on to the next generation. These days gold can be used as support to money crises.
• Security of gold.
• Quick processing
• Zero processing fees
• Options like ‘Pay only interest’ are available.
• Low-interest rates compared to other loans.
• A low CIBIL score doesn’t matter
• minimal documents
• no need for income proof.

Visit Dialabank to know more about Utkal Grameen Bank Gold Loan.

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Utkal Grameen Bank Gold Loan EMI calculator

Utkal Grameen Bank Gold Loan Documents Required

At the time of application the following documents are required:

• Proof of the citizenship of India
• Duly filled application form
• 2 passport-sized photographs
• Applicant’s KYC documents to establish Identity and Address
• Salary/ Income Proof
• Witness Letter in case of illiterate borrowers
• In the case of Agriculture Loan of more than Rs. 1 lac, land proof
• Certificate by the Jewel Appraiser (Bank will arrange)

At the time of disbursement the following documents are required:

• Demand Promissory Note & Demand Promissory Note Take Delivery Letter
• Gold Ornaments Take Delivery Letter
• Arrangement Letter

Utkal Grameen Bank Gold Loan Documents Required – FAQs

✅ In Utkal Grameen Bank Gold Loan Documents Required are?

Identity proof ( Aadhaar Card/ Passport/ Voter ID Card/ PAN Card/ Valid Driving Licence)
Address proof (Aadhaar Card/ Passport/ Ration Card/ Electricity Bill/ Valid Driving Licence/ Voter ID Card)

✅ Which Nationality does Utkal Grameen Bank provide Gold Loan to?

Individuals with Indian nationality only can take a gold loan from Utkal Grameen Bank.

✅ What is the Gold Loan rate in Utkal Grameen Bank?

Gold Loan starts from 7% per annum.