About Vidharbha Konkan Gramin Bank Gold Loan
Vidharbha Konkan Gramin Bank was established in the year 2013 after the merger of Wainganga Krishna Gramin Bank and Vidharbha Kshetriya Gramin Bank. The bank operates in 17 districts of Maharashtra. And, has 318 branches and 84 Ultra small branches in the entire area of operation. A lot of financial services are provided by this bank namely, Gold Loan, Personal Loan, Home Loan, and many more. Therefore, if you want to overcome any financial trouble through a Gold Loan, Just Click Here.
What is Gold Loan?
Gold Loan which is generally stated as a loan against gold is a secured service in which the applicant just has to put ornaments of gold in the bank in return for the loan amount. In addition, the Best Gold loan interest rate is quite affordable in contrast to other services like Personal loans and Homes Loans.
Advantages of Vidharbha Konkan Gramin Bank Gold Loan
Fewer Documents: Document requirements for availing a Vidharbha Konkan Bank Gold Loan Bank are quite less. The applicants are not asked to provide lengthy proofs in order to avail of the financial service.
Easily Accessible: Another feature is, Availability of the Vidharbha Konkan gold loan service is great. People can easily avail of gold loans at their closest branches.
CIBIL Score: In addition to this, Credit Score does not matter in this service, that is, the applicant does not have to worry about low credit repayment history. In fact, if anybody is having a bad repayment history, they can improve the same by taking a Vidharbha Konkan Gramin Bank Gold Loan.
Foreclosure – In the case of a Jewel Loan Vidharbha Konkan Gramin Bank charges a borrower up to .50% on the principal outstanding
Vidharbha Konkan Gramin Bank Gold Loan Key Features – Apply Now
|Gold Loan per gram||
varies depending on the purity of gold
|Age of Borrower||18 – 70 years|
|Maximum Loan Amount||Up to 10 lakhs|
|Maximum Loan to Gold Value Ratio||Up to 70%|
|The purity of Eligible gold||18 carat to 22-carat gold|
|Loan Tenure||12 to 48 months|
Vidharbha Konkan Gramin Bank Gold Loan Eligibility
The applicant can avail of Vidharbha Konkan Gramin Bank Gold Loan as long as the eligibility criteria are fulfilled:
|Age||18-70 years of age|
Gold Quality, Quantity
Minimum 18 Carats, minimum 10 grams
Gold ornaments (18-22 carats)
|CIBIL score||Above 500|
Vidharbha Konkan Gramin Bank Gold Loan At Home
With the changing requirements of the times, Vidharbha Konkan Gramin Bank has devised a simple yet effective solution that will simplify your life. Just as you can get groceries, clothes, and other necessities delivered to your door, you can now acquire a gold loan from the comfort of your own home.
Vidharbha Konkan Gramin Bank Gold Loan At Home is a one-step option if you are in urgent need of finances, are too busy to visit a bank, or prefer social distancing. The procedure is simple to follow. To apply for a gold loan, you must first contact us by phone. Our executive from the nearest branch will pay you a visit as soon as possible.
Following are some of the benefits of Vidharbha Konkan Gramin Bank Gold Loan At Home:
- Faster processing
- Attractive interest rates
- Maximum value of gold
- Flexible repay tenures
- Easy payment options
- No additional charges
- 24*7 customer support
- Full security of the gold
- No hidden fees
- Service at your doorstep within 30 minutes
Vidharbha Konkan Gramin Bank Gold Loan Documents
2 Passport-Sized latest colored photos
Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)
Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)
Agricultural Land Proof
Required only if the Loan is taken for Agricultural Purpose. In the case of an Agriculture Loan on the gold of more than Rs. 1 lakh there is no requirement of proof for allied agriculture purposes.
|Demand Promissory Note||
Certificate by the Jewel Appraiser (Bank will arrange)
Vidharbha Konkan Gramin Bank Gold Loan Interest Rates
|Gold Loan Rate||5.88% per annum|
|Vidharbha Konkan Gold Loan Repayment Scheme||
Bullet Repayment Scheme, Overdraft Scheme
|Vidharbha Konkan Gold Loan Prepayment Charges||0 – 2 %.|
|Vidharbha Konkan Gold Loan Service Charges||variable|
|Vidharbha Konkan Gold Loan Document Charges||variable|
|Vidharbha Konkan Gold Loan Gold Valuation Charges||variable|
|Vidharbha Konkan Gold Loan Processing Fee||0.85%.|
How Much Can I Get Through Vidharbha Konkan Gramin Bank Gold Loan?
|Vidharbha Konkan Gramin Bank Gold Loan Rates/ Gram Jan 2021|
|Weight||Loan on 18Cr Gold||Loan on 20Cr Gold||Loan on 22Cr Gold||Loan on 24Cr Gold|
Vidharbha Konkan Gramin Bank Gold Loan Apply Online
- First of all, Visit Dialabank
- Fill the form given on the gold loan link with your personal and professional details.
- Our experts will call you and help you finalize an offer.
- You will then have to submit the documents and gold jewellery to the chosen bank.
- Your loan will be approved in 5 minutes.
- You can avail of the best and trustworthy service. Call us at 9878981144.
Vidharbha Konkan Gramin Bank Gold Loan EMI Calculator
Rate of Interest
|6 months||1 Yr||2 Yrs||3 Yrs|
Uses of Vidharbha Konkan Gramin Gold Bank Gold Loan
The loan amount acquired by availing the Vidharbha Konkan Gramin 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.
Vidharbha Konkan Gramin Bank Gold Loan Agricultural Jewel Loan Scheme
|Scheme||Vidharbha Konkan Gramin Bank Agricultural Jewel Loan Scheme|
|Interest Rate||Starting from 5.88% per annum (depends on the sum of the loan)|
|Least amount of Loan||Depends on the value of the 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 Vidharbha Konkan Gramin Bank Gold Loan Agricultural Jewel Loan Scheme
- There is no processing fee is applicable up to ₹ 25,000
- 0.30% of the loan amount, Minimum of ₹ 300 charge is applicable to the amount ranging from above ₹ 25,000 – less than ₹ 5 lakh
- 0.28% of the credit sum, subject to at least Rs.1,500 is applicable to the amount more than Rs.5 lakh however under Rs.1 crore
Vidharbha Konkan Gramin Gold Loan Overdraft Scheme
Vidarbha Konkan Gramin Bank Offers an Overdraft Scheme. It works like a Credit Card, where you can spend your Gold Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In the Vidharbha Konkan Gramin Bank Gold Loan Overdraft facility, the bank charges interest only on the withdrawn amount.
Vidharbha Konkan Gramin Bank Gold Loan FAQs
✅ What is Vidharbha Konkan Gramin Bank Gold Loan?
Vidharbha Konkan Gramin Bank gold loan is a financial service offered by the bank to borrowers on low-interest rates and with quick disbursal. It is the solution to all the financial problems and requirements faced by a man.
✅ How Can I Get Gold Loan From Vidharbha Konkan Gramin Bank?
You can get a Vidharbha Konkan Gramin Bank gold loan by visiting the branch in your vicinity or online through its website. Dialabank also provides you with the option of availing of a gold loan with attractive features through its website.
✅ How much Gold Loan Can I get per gram from Vidharbha Konkan Gramin Bank?
You can get a Vidharbha Konkan Gramin Bank gold loan rate per gram ranging from ₹ 2,900 to ₹ 3,450 depending on the purity of the gold collateral I.e. 18 carats, 20 carats, and 22 carats. However, it also depends on the market price of the yellow metal.
✅ How Does Vidharbha Konkan Gramin Gold Loan work?
The Vidharbha Konkan Gramin Bank gold loan works in a simple manner. You just have to check the eligibility and then take the required documents and the required amount of gold collateral to the nearest bank branch. Your gold will be valued and weighed and the bank will then offer you a loan.
✅ What is the Gold Loan interest rate in Vidharbha Konkan Gramin Bank?
The interest rate for a gold loan in Vidharbha Konkan Gramin Bank starts at 5.88% per annum. The interest rate is low as a gold loan is secured.
✅ How to check gold loan status in Vidharbha Konkan Gramin Bank?
You can check the gold loan status in Vidharbha Konkan Gramin Bank by emailing the bank your loan details or filling them up on the bank’s website. You can also visit the branch where you had applied for the loan to track its status.
✅ How to renew Vidharbha Konkan Gramin Bank Gold Loan online?
Renewal of a Vidharbha Konkan Gramin Bank Gold Loan is very simple. Visit the branch where your collateral is kept. When you apply for a renewal, the bank will be revalued and the bank will offer you a fresh amount. To do it online, visit the web portal of the bank.
✅ How to pay Vidharbha Konkan Gramin Bank Gold loan interest online?
To pay the Vidharbha Konkan Gramin Bank Gold loan interest rate online, visit the bank’s website or download its mobile app. You can also pay through debit cards and net banking apps.
✅ What if I can’t pay the interest on the Vidharbha Konkan Gramin Bank Gold loan for 3 months?
If you fail to pay your Vidharbha Konkan Gramin Bank gold loan interest for 3 months, your CIBIL score will be affected for the worse. Your gold jewellery would be sold by the bank.
✅ How can I apply for the EMI moratorium on the Vidharbha Konkan Gramin Gold loan?
You can apply for a Vidharbha Konkan Gramin Bank gold loan EMI moratorium if you want a ‘repayment holiday’. Applying for a moratorium is extremely easy and you can do it by visiting the bank branch or its website. This option isn’t available less than 5 days before the EMI payment date.
✅ How to pay Vidharbha Konkan Gramin Bank Gold loan through a credit card?
As per RBI Guidelines, the Vidharbha Konkan Gramin Bank Gold loan cannot be repaid via credit cards. Other payment modes such as net banking, debit cards, cheques, DDs can be used for loan repayment.
✅ What is the Vidharbha Konkan Gramin Bank Gold Loan customer care number?
For contacting the Vidharbha Konkan Gramin Bank Gold loan customer care just dial 9878981144.
✅ What is the Vidharbha Konkan Gramin Bank Gold Loan closure procedure?
- Just go to the bank with the documents.
- Write a letter for pre-closure of the Vidharbha Konkan Gramin Bank Gold loan account.
- Pay the pre-closure charges as per Vidharbha Konkan Gramin Bank Gold Loan.
✅ What is the Vidharbha Konkan Gramin Bank Gold Loan preclosure charge?
Up to 2% preclosure charge before 3 months, after that 0.50%.
✅ What is the Vidharbha Konkan Gramin Gold Loan maximum tenure?
The maximum tenure of the Vidharbha Konkan Gramin Bank Gold loan is 48 months.
✅ What is the Overdraft Scheme for Vidharba Konkan Bank Gold Loan?
Vidharba Konkan Bank does provide an Overdraft Scheme and the overall loan amount will have a Credit/Loan Limit. In the Vidharba Konkan Bank Gold Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.
✅ What is the Vidharba Konkan Bank Gold Loan minimum tenure?
The minimum tenure for the Vidharba Bank Gold Loan is 3 months.
✅ What are the foreclosure charges in Vidharba Bank Gold Loan?
The bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure.