Kaveri Grameena Bank Gold Loan Key Features
| Kaveri Grameena Bank Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
| Kaveri Grameena Bank Gold Loan Interest Rate | 7.0% per annum |
| Kaveri Grameena Bank Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,268 |
| Kaveri Grameena Bank Gold Loan Processing Fee | 1.50% of the Principal Loan Amount |
| Kaveri Grameena Bank Gold Loan Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
| Kaveri Grameena Bank Gold Loan Repayment Tenure | 3 Months to 24 Months |
| Kaveri Grameena Bank Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of Kaveri Grameena Bank Gold Loan:
- Speedy Practice: Kaveri Grameena Gold Loan is dispensed and permitted at a pace. The loan is approved within an hour.
- Fewer Documents: The documentation round is fair and less. Only compelling reports should be presented.
- Transparent System: The bank has a straightforward process, and there are concealed charges.
- The extent of Loan: Minimum amount that Kaveri Grameena Bank provides is Rs. 1500. And to the provincial community, it gives 10000 Rs.
- Jewelry is Secured: In the custody of Kaveri Grameena Bank, the jewels are safe and secured even from combustible areas.
- Tenure of Allowance: The tenure of the trust varies from 3 months to 2 years. Thereby, the applicant can be discussed according to your solace.
- Favorable to Farmers: Kaveri Grameena bank feeds exclusive benefits to the farmers. They are given loans at a little amount of interest.
- No Debt Burden: There occur times when the borrower is unable to reimburse the amount; at this point, the borrower should not think of any debt charges, the bank will only reallocate their golds.
- No Income bounds: Income margins should not come in between borrowing or lending loan amount. The bank asks only for the assets in exchange for money.
How Much Gold Loan can I Get through Kaveri Grameena Bank Gold Loan:
Kaveri Grameena Bank Gold Loan Per Gram – Updated September 2020
Updated - Gold Loan Per Gram Rate |
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Gold Weight |
Gold Purity |
Gold Purity |
Gold Purity |
Gold Purity |
24 Carat |
22 Carat |
20 Carat |
18 Carat |
|
1 gram |
4680 | 4290 | 3900 | 3510 |
10 gram |
46800 | 42900 | 39000 | 35100 |
20 gram |
93600 | 85800 | 78000 | 70200 |
30 gram |
140400 | 128700 | 117000 | 105300 |
40 gram |
187200 | 171600 | 156000 | 140400 |
50 gram |
234000 | 214500 | 195000 | 175500 |
100 gram |
468000 | 429000 | 390000 | 351000 |
200 gram |
936000 | 858000 | 780000 | 702000 |
300 gram |
1404000 | 1287000 | 1170000 | 1053000 |
400 gram |
1872000 | 1716000 | 1560000 | 1404000 |
500 gram |
2340000 | 2145000 | 1950000 | 1755000 |
Kaveri Grameena Gold Loan Eligibility:
Age |
18-70 years of age |
Nationality |
Indian |
Employment Status |
Salaried, Self-Employed |
Gold Quality |
Minimum 18 Carats |
Kaveri Grameena Bank Gold Loan Documents Required:
Photographs |
2 Passport Size |
Identity Proof |
Aadhar Card, Passport, PAN Card, etc. (Only 1 is required) |
Residence Proof |
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) |
Kaveri Grameena Gold Loan Interest Rate, Fees, and Charges:
Gold Loan Interest Rate |
7.00% per annum |
Processing Fee |
1.50% of the Principal Loan Amount |
Prepayment/Foreclosure Charges |
2%+GST (Within 3 Months), 0 (After 3 months) |
Valuation Fee |
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 |
About Kaveri Grameena Bank Gold Loan:
It is burdensome for people to overcome the economic crisis. Thus, Gold Loan helps such individuals to face the problem without any load. Kaveri Grameena Bank gives opportunities to the people who want to fulfill all their needs. It is reported as the best among other loans. Also, it is known for its impeccable financial work. Kaveri Grameena Bank provides a gold loan to the candidates at a low-interest rate so with high funding.
- Kaveri Grameena Bank Gold Loan Interest Rate is 7.0% per annum
- Kaveri Grameena Bank Gold Loan Per Gram is ₹ 5,268
- Kaveri Grameena Bank Gold Loan Tenure: Up to 24 months
- Kaveri Grameena Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of Kaveri Grameena Bank Gold Loan:
Diverse plans are made by Kaveri Grameena Bank listed below-
-
- Loan Against Gold – Kaveri Grameena Bank offers little interest on the amount as to suffice the dire monetary demands. either particular or professional. The gold loan surely a secured loan; thus, the bank does not neglect the individual’s demand for money and avail loans to them at little banking rate.
- Loan Against Gold for Agriculture – Kaveri Grameena Bank provides explicit offers to farmers for achieving their agrarian desires. The bank bid pleading interest rates alike different kinds of credits. The farmers need to give land attestations for granting loans from the bank.
Kaveri Grameena Bank Gold Loan EMI Calculator:
Rate of Interest |
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 Kaveri Grameena Bank Gold Loan EMI?
- Standing Instruction (SI): Standing Instruction is the most reliable process remuneration if you are a current account holder of Kaveri Grameena Bank. Your EMI can be credited month to month end cycle form the present Kaveri Grameena Bank account.
- Electronic Clearing Service (ECS): This step can be chosen when you have a non- Kaveri Grameena Bank, and you need your EMI to be charged from the nearest Kaveri Grameena Bank on a month to month basis.
- Post-Dated Checks (PDC): You can introduce Post dated EMI records from the non-Kaveri Grameena at your neighboring Kaveri Grameena Bank loan center. Also, update your new PCDs timely.
Kaveri Grameena Bank Gold Loan Contact Number:
Helping you with all your curiosity regarding Kaveri Grameena Gold Loan and the sponsorships it fosters to the applicants by communicating on 9878981144.
Gold Ornaments Accepted by Kaveri Grameena Bank:
- Gold Jewellery- Gold Bangles, Gold rings, Gold, Gold embellishments are seen by the bank.
- Quality- The possibility of gold ornaments should be between 18-22 carats.
Use of Kaveri Grameena Gold Loan:
- Credits can be of help while accomplishing your retailing needs like buying new products, socializing it.
- Coming up with personal details of achieving resolutions like weddings, traveling, etc.
- Bank gives shallow interest rate fir farming purposes; hence, pushing these targets are more satisfying.
Gold Loan Interest Rate of Major Banks
|
Bank |
Interest Rates |
|
7.00% – 14.50% |
|
| 7.00% – 16.10% | |
| Muthoot Finance Gold Loan |
7.00% – 24.00% |
| 7.00% – 17.00% | |
| Manappuram Gold Loan |
7.00% – 26.00% |
| 7.00% – 15.99% | |
| Bank of India Gold Loan |
7.00% – 26.00% |
| 7.00% – 13.50% | |
| IIFL Gold Loan |
7.00% – 12.00% |
| 7.00% – 14.65% | |
|
7.00% – 12.65% |
|
| Allahabad Bank Gold Loan |
7.00% – 10.45% |
| 7.00% – 15.75% | |
| PNB Gold Loan |
7.00% – 11.75% |
| 7.00% – 26% | |
| SBI Gold Loan |
7.00% – 15.99% |
| 7.00% – 15.99% | |
| UCO Bank Gold Loan |
7.00% – 26.00% |
| 7.00% – 13.50% | |
| Syndicate Bank Gold Loan |
7.00% – 12.00% |
FAQs About Kaveri Grameena Bank Gold Loan:
- What is Kaveri Grameena Bank Gold Loan?
Kaveri Grameena Gold Loan gives loans at stunning rates with huge investment building tons of money-making opportunities.
- How can I get the Gold Loan from Kaveri Grameena Bank?
For your convenience, you can visit the online BookMyLoans website for a gold loan. Otherwise, you can go to the nearest Kaveri Grameena Bank branch.
- What is Gold Loan Interest Rate in Kaveri Grameena Bank?
The Gold Loan interest rate of Kaveri Grameena Bank is 7.0%.
- How much Gold Loan can I get per gram in Kaveri Grameena Bank?
You can get Rs. 5,268 Per Gram in Kaveri Grameena Bank.
- How to check Gold Loan status in Kaveri Grameena Bank?
Gold Loan status can be viewed from time to time just by visiting the tracker’s webpage of Kaveri Grameena Bank and stay updated.
- How to calculate Gold Loan Interest in Kaveri Grameena Bank?
EMI Calculator can be used to perform your calculative discussions related to the Kaveri Grameena gold loan.
- How to Pay Kaveri Grameena Bank Gold Loan Interest Online?
You can pay Kaveri Grameena Gold Loan online through net banking, Paytm, or any other favorable method.
- What if I can’t pay the interest on Kaveri Grameena Bank Gold Loan for 3 months?
If you do not pay the interest for 3 months, you will be helped in the starting to have a look at the pending dues, but if is goes unheard, you will be held responsible for whatever actions will be taken by the bank further and your gold will be enclosed.
- How can I apply for EMI Moratorium on Kaveri Grameena Bank Gold Loan?
You can administer for EMI Moratorium between 1st March to 31st August by following the Kaveri Grameena bank office.