⍟  Lowest Interest Rate of 0.79% p.m.
⍟  Highest Rate Per Gram ₹ 5,121
⍟  No Melting of Your Gold
⍟  Get Loan in 1 Visit Only
⍟  100% Safety of Your Gold (kept in Bank Locker)

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Vananchal Gramin Bank Gold Loan

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Vananchal Gramin Bank Gold Loan Key Features – Apply Now

Vananchal Gramin Bank Gold Loan Interest Rate Starting 7.0% per annum
Vananchal Gramin Bank Gold Loan Rate Per Gram Rate Per Gram Today is ₹ 5,121
Vananchal Gramin Bank Gold Requirement Minimum 18 Carat
Vananchal Gramin Bank Gold Loan Processing Fee 1% of the Principal Loan Amount
Vananchal Gramin Bank Minimum Loan Amount up to 75% LTV
Vananchal Gramin Bank Maximum Loan Amount Up to Rs. 1 Crore (With Income Proof)
Vananchal Gramin Bank Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Vananchal Gramin Bank Repayment Tenure 6 Months to 36 Months
Vananchal Gramin Bank Gold Loan Schemes Bullet Payment Scheme, EMI Scheme

Advantages of Vananchal Gramin Bank Gold Loan

Advantages of Vananchal Gramin Bank Gold Loan via Dialabank

1. Firstly, You can get a gold loan online, no need to go anywhere.
2. Secondly, High Funding is avail to the customers
3. Thirdly, it also provides Gold Loan with the flexible repayment scheme with multiple options.
4. Additionally, There are no prepayment charges in Vanachal Bank
5Bandhan Bank also provides instant approval and sanctioning of the Loan
6Moreover, Vananchal Gramin Bank Gold Loan also offers quick disbursals
7. Bandhan bank also requires minimum documentation for the loan approval
8Furthermore, it also provides safe and secure custody of the Gold
9. Additionally, it also provides a low rate of interest
10. It also provides a maximum of Rs 10 lakh loan
11. Lastly, You can easily apply for the Gold Loan in Vananchal Gramin Bank
12. The bank charges about 0.50% of the principal loan amount as foreclosing charges.

How Much Loan Can I Get Through Vananchal Gramin Bank Gold Loan – updated January 2021

Vananchal Gramin Bank Gold Loan Rates/ Gram- updated January 2021
Weight Loan on 18Cr gold Loan on 20Cr gold Loan on 22Cr gold Loan on 24Cr Gold
1 gm 2464 2746 3029 3311
10 gms 24640 27460 30290 33110
20 gms 49280 54920 60580 66220
30 gms 73920 82380 90870 99330
50 gms 123200 137300 151450 165550
100 gms 246400 274600 302900 331100
200 gms 492800 549200 605800 662200
300 gms 739200 823800 908700 993300
500 gms 1232000 1373000 1514500 1655500

About Vananchal Gramin Bank Gold Loan

Vananchal Gramin Bank Gold Loan

Vananchal Gramin Bank (VGB) is known as RRBs. The bank was set up on 30 June 2006 with the amalgamation of the erstwhile Santhal Parganas Gramin Bank as well as former Palamau Kshetriya Gramin Bank under the provisions of Reginal Rural Act 1976.
SBI sponsors Vananchal Gramin Bank. Besides, that is jointly owned by the Government of Jharkhand, Government of India,  and SBI. Moreover, the bank has four Regional Offices functioning at Deoghar, Godda, Daltonganj, and Garhwa.
Vananchal Gramin Bank (VGB) is operating in 9 districts of Jharkhand State with its Head Office at Dumka is sub-capital of state Jharkhand.

Vananchal Gramin Bank Gold Loan Eligibility

Primary Eligibility criteria for availing the Vananchal Gramin Bank Gold Loan is: 

Age 18-75 years
Requirements Gold ornaments (18-22 carats)
CIBIL score Above 500
Nationality  Indian

Vananchal Gramin Bank Gold Loan Documents Required

Documents required to avail Vananchal Gramin Bank Gold Loan are :

Identity Proof Aadhar Card/Passport/ Voter ID/ Pan Card/ (Any one)
Residence Proof  Aadhar Card /Pan Card/ Ration Card/ Rental Agreement of applicant/ Voter ID card/ Utility Bills on the name of the applicant (Any one)
Agriculture Proof ( if applicable) Agriculture Land Ownership Proof
Photographs 2 Passport sized coloured

Vananchal Gramin Bank Gold Loan Interest Rate, Fees and Charges

Gold Loan Rate 7%
Processing Fee 0% of the loan amount
Loan to Gold value Up to 75%
Pre-payment Charges 0- 2%

Types of Vananchal Gramin Bank Gold Loan

  • Agricultural purpose: Vananchal Gramin Bank offers loan against gold for agrarian purposes at a meagre rate of interest.
  • Non-Agricultural purpose: The rate of interest by Vananchal Gramin Bank are slightly higher for non-agricultural purpose loans.

Vananchal Gramin Bank Gold Loan Apply Online

  • Visit Dialabank‘s website.
  • Fill a gold loan application form.
  • Our relationship manager will contact you on your provided number.
  • With the help of our experts, find and choose the best gold loan for yourself.

Vananchal Gramin Bank Gold Loan EMI Calculator

Rate 6 months 1 Yr 2 Yrs 3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466

How to Pay Your Vananchal Gramin Bank Gold Loan EMI?

  1. Standing Instruction (SI): for Vananchal Gramin Bank record holders.
  2. Electronic Clearing Service (ECS): for non-Vananchal Gramin Bank account holders.
  3. Post-Dated Checks (PDC): to enable post-dated EMI cheques from a non-Vananchal Gramin Bank account.

Vananchal Gramin Bank Gold Loan Contact Number

For any assistance regarding a gold loan in Vananchal Gramin Bank, you can contact on the number 9878981144.

Gold Ornaments Accepted by Vananchal Gramin Bank

All kinds of gold jewellery such as Gold Bangles, Gold rings, Gold anklets, and Gold necklaces, (18-24 carats) all of these are accepted for availing a Gold Loan.

Uses of Vananchal Gramin Bank Gold Loan

  • To finance personal expenses like vacation expenses, tuition fees etc.
  • Finance business needs like buying inventory, plant etc.
  • Gold against the loan for agricultural purposes.

Vananchal Gramin Bank Agricultural Jewel Loan Scheme

Scheme  Agricultural Jewel Loan Scheme
Interest Rate  Starting from 7% (depends on the sum of the loan
Least amount of Loan Depends on the value of  jewel which is being kept as security
Loan period Adjustment of advance sum inside 2 months from the date of reap of yields

Benefits of Vananchal Gramin Bank Agricultural Jewel Loan Scheme

  • There is no arranging cost is appropriate up to ₹ 25,000
  • 0.30% of the credit aggregate, Minimum of ₹ 300 charge is material to the complete going from above ₹  25,000 – not really ₹ 5 lakh
  • 0.28% of the credit complete, subject to at any rate Rs.1,500 is proper to the total more than Rs.5 lakh regardless under Rs.1 crore

Vananchal Gramin Bank Gold Loan Overdraft Scheme

Vananchal Gramin Bank given an overdraft scheme. It works like a Credit Card, where you can spend your Gold Loan Amount as you need at the point any place. The general advancement aggregate will have a Credit/Loan Limit. In the Bank Gold Loan Overdraft office, the charges are paid essentially on the money you use.

FAQs About Vananchal Gramin Bank Gold Loan

What is Vananchal Gramin Bank Gold Loan?

Vananchal Gramin Bank Gold Loan is a loan against a gold scheme that comes with the maximum funding of 75% of the total market value of your gold. The loan amount can be used for all your personal and business needs. Gold Loan by Vananchal Gramin Bank is a financial product that can fulfil your short term fiscal requirements. If you are above 18 years and are a permanent resident of the country with possession of gold, you can apply for Vananchal Gramin Bank Gold Loan.

How can I get a Gold Loan from Vananchal Gramin Bank?

  • Fill in your required information in the gold loan form available on Dialabank.
  • Our trained Relationship Manager will help you find the best offers in 2020.
  • We will suggest you the loan according to your eligibility.
  • Kindly visit the nearest assigned branch by the manager.
  • Get the loan in your accounts instantly.

How much Gold Loan can I get per gram in Vananchal Gramin Bank?

Per gram Gold Loan rates in Vananchal Gramin Bank varies according to the purity of your gold and the current prevailing market rates. Rs. 2,464 to Rs. 3,311 based on the purity of gold is the amount you can get.

What is the Gold Loan interest rate in Vananchal Gramin Bank?

Vananchal Gramin Bank Gold Loan interest rates can be as low as 7% per annum depending on the amount and the purpose of your loan. They also charge some documentation, valuation, and processing fee from the applicant.

 How to calculate Gold Loan Interest in Vananchal Gramin Bank?

You can easily calculate the gold loan interest rate in Vananchal Gramin Bank by subtracting the principal amount from the total sum to be paid.

What is maximum loan amount I can avail on Gold Loan from Vananchal Gramin Bank?

You can get a maximum amount of Rs 1 crore on a Vananchal Gramin Bank Gold Loan as the bank offers around 75% of the gold ornaments’ market value.

  How much is Processing Fee applicable on Vananchal Gramin Bank Gold Loan?

No processing fee is charged on the loan amount.

 How to pay Vananchal Gramin Bank Gold Loan Interest online?

For Vananchal Gramin Bank account holders, online payments can be made through the bank’s online portal or mobile application via net banking, debit cards or mobile wallets such as Paytm.

What if I cannot pay the interest on Vananchal Gramin Bank Gold Loan for 3 months?

If someone defaults on the payments of Vananchal Gramin Bank Gold Loan interest for 3 months, a penalty fee will be charged by Vananchal Gramin Bank. Many defaults can lead to the bank selling off your gold jewellery.

How can I apply for EMI Moratorium on Vananchal Gramin Bank Gold Loan?

You can apply for EMI Moratorium on Vananchal Gramin Bank Gold loan online by logging in to the bank’s portal with your credentials or by personally visiting the main branch. The moratorium request should be submitted at least five working days before the due date of your EMI.

What is an overdraft scheme for Vananchal Gramin Bank Gold Loan?

Vananchal Gramin Bank offers an Overdraft Scheme. In the Overdraft office, the bank charges are paid on the amount used.

What is the customer care number for Vananchal Gramin Bank Gold Loan?

Vananchal Gramin Bank Gold Loan customer care number is 9878981144 .

What is the foreclosure procedure for Vananchal Gramin Bank Gold Loan?

Vananchal Gramin Bank charged 0.50% of loan amount as Foreclosure.

What is the Vananchal Gramin Bank Gold Loan closure procedure?

The Gold loan will automatically close after the payment is done in full.

✅ What is Vananchal Gramin Bank Gold Loan Preclosure charges?

The Bank preclosure charges are 2%+GST (Within 3 Months), 0 (After 3 months)

 What is the maximum gold loan tenure?

The maximum gold loan tenure is 36 months.

 What is the minimum gold loan tenure?

The minimum gold loan tenure is 6 months.

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