Uttar Bihar Gramin Bank Gold Loan Documents Required

Features of Uttar Bihar Gramin Bank Gold Loan

Credit needs of the customers are increasing day by day, so an alternative, gold loans are viable and worth taking during any emergency situations like hospitalisation or agricultural purposes by giving gold ornaments mostly as collateral to attain the maximum amount from the lenders.

For more information, visit the dialabank website to connect and avail other services.

Some features of a Gold loan are:

• Timely issue of the loan amount not delaying especially during emergencies.
• Using an online portal for gold loans to get credit amounts easily without visiting the branch.
• Variable interest rates and amounts from Rs 10000 to Rs 25 lakhs for individuals.

Uttar Bihar Gramin Bank Gold Loan comparison with banks

Uttar Bihar Gramin Bank Gold Loan EMI calculator

Now for calculating a precise amount according to your pocket is time-consuming and tiresome. So for that, we have a platform that can help customers in calculating the amount. Clients can use our calculators to know the precise amount by entering the interest rate, principal amount and tenure period.

Uttar Bihar Gramin 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

Uttar Bihar Gramin Bank Gold Loan Documents Required – FAQs

✅ What is the amount of loan issued by Uttar Bihar Gramin Bank Bank? 

Ranges up from Rs 10000 to 25lakhs from individual to individual.

✅ What kind of assurance do I get from the bank about protecting the ornaments/jewellery I’ve pledged?

The gold jewellery you’ve promised is a type of safe in our Loan organisation’s fire and burglary-proof vault. At all periods, the location is already under electronic monitoring and security is placed for protection.

✅ Is it possible to foreclose on my loan account or close it before the end of the tenor? What accusations would be brought in such a case?

Absolutely, clients can foreclose their account and pay back the debt before the tenure expires, releasing your gold from the branch. If you pay off your loan before the three-month period, you’ll be in asses a modest termination fee ranging from Rs. 0-150. After three months, there are no cancellation fees.