Kerala Gramin Bank Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Kerala Gramin Bank Gold Loan Key Features:

Kerala Gramin Bank Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Kerala Gramin Bank Gold Loan Interest Rate 7.0% per annum
Kerala Gramin Bank Gold Loan Per Gram Rate Per Gram Today is ₹ 5,268
Kerala Gramin Bank Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Kerala Gramin Bank Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Kerala Gramin Bank Gold Loan Repayment Tenure 3 Months to 24 Months
Kerala Gramin Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of Kerala Gramin Bank Gold Loan:

  • High Pace: Kerala Garmin Gold Loan is easily accessible. The credit takes place in 60 minutes.
  • Fewer Documents: The documents required are less in number, and the process is direct.
  • Transparent System: The bank gives a clear display to the loan consumers; that is, there are no hidden charges.
  • The extent of Loan: Kerala Gramin Bank provides possibly Rs.15000 to the clients alike less to the clients from provincial areas, that is  Rs.10000.
  • Jewellery is Secured: It is the role of Kerala Gramin Bank to keep the ornaments in custody. They should be protected from heat.
  • Tenure of Allowance: The tenure of the credit lie between 3 months to 2 years. Thence, the applicant can select it meeting happy times.
  • Favourable to Farmers: Kerala Garmin bank cherishes special benefits to the farmers. They are given loans at a low banking rate.
  • No Debt Burden: In some surroundings, the client fails to pay back the amount, there is no worrying of debt, the bank will take your ornaments and keep it with them till the date you repay them.
  • No Income bounds: There are no margins lined up for higher or lower-income applicants. Everybody can apply for a gold loan.

How Much Gold Loan can I Get through Kerala Gramin Bank Gold Loan:

Kerala Gramin Gold Loan Per Gram – Updated September 2020:

Updated - Gold Loan Per Gram Rate

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

Kerala Gramin Baank Gold Loan Eligibility:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

Kerala Gramin 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)

 

Kerala Gramin Bank 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 Kerala Gramin Bank Gold Loan:

Looking for a simple and easy way to get funds so that you do not have to face financial struggles, here is the best gold loan provider, Kerala Gramin Bank. It helps their clients with the amazing schedule of getting a gold loan more simply. You can avail of a gold loan at good interest rates with high funding. Kerala Gramin Bank declared to be a renowned gold loan distributor. It helps individuals with amazing offers and gets them out of their saddened life.

  • Kerala Gramin Bank Gold Loan Interest Rate is 7.0% per annum
  • Kerala Gramin Bank Gold Loan Per Gram is ₹ 5,268
  • Kerala Gramin Bank Gold Loan Tenure: Up to 24 months
  • Kerala Gramin Bank  Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Kerala Gramin Bank Gold Loan:

Numerous schemes are proposed by Kerala Gramin Bank given below-

    • Loan Against Gold – Gold Loan assures you trustable services. Kerala Gramin Bank give loans to the people to meet the short term and long term necessities. Analogously, a gold loan is provided to the clients at a low-interest rate than the other kind of credits availed. This brings faith for the customers in lending them a huge amount.
    • Loan Against Gold for Agriculture – Kerala Gramin bank gives an attractive interest rate. Chiefly, agricultural workers are given exceptional offers. Kerala Gramin Bank ensures them a loan at a low borrowing rate. In the account of this, you have to provide land evidence to the bank.

Kerala Gramin 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 Kerala Gramin Bank Gold Loan EMI?

  • Standing Instruction (SI): Standing Instruction is the dependable process of remittance if you are a current account holder of Kerala Gramin Bank. Your EMI  naturally gets credited from the present record.
  • Electronic Clearing Service (ECS): This system is treated only if you have a non-Kerala Gramin bank record and you want for EMI to be debited from your recent account.
  • Post-Dated Checks (PDC): Post Dated EMIs statement should be analyzed at the Kerala Gramin Bank loan centre located nearby. And, your new version of PCDs should be submitted on time.

Kerala Gramin Bank Gold Loan Contact Number:

Call on 9878981144 for various funding related details and best deals and offers of Kerala Gramin Bank Gold Loan.

Gold Ornaments Accepted by Kerala Gramin Bank:

  • Gold Jewellery- Bank welcomes Gold bracelet, Gold rings, or Gold Necklace. Any ornament can be accepted, but it should be of gold.
  • Quality- The purity of gold should be between 18 to 22 carats, then only you are allowed your gold with the bank.

Use of Kerala Gramin Gold Loan:

  • If you want your business to be at the top and want to expand it, then you can take this money to meet your needs.
  • As in-person or expert, we have our desires which we want to get accomplished. This is the best time when we can make use of the capital we obtained.
  • Farmers too have some targets that they want to finish so why not use the money in horticultural practices.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.00% – 14.50%

ICICI Gold Loan

7.00% – 16.10%
Muthoot Finance Gold Loan

7.00% – 24.00%

Axis Bank Gold Loan

7.00% – 17.00%
Manappuram Gold Loan

7.00% – 26.00%

Yes Bank Gold Loan

7.00% – 15.99%
Bank of India Gold Loan

7.00% – 26.00%

Federal Bank Gold Loan 

7.00% – 13.50%
IIFL Gold Loan

7.00% – 12.00%

Central Bank of India Gold Loan

7.00% – 14.65%

Canara Bank Gold Loan

7.00% – 12.65%

Allahabad Bank Gold Loan

7.00% – 10.45%

Induslnd Bank Gold Loan

7.00% – 15.75%
PNB Gold Loan

7.00% – 11.75%

Bajaj Finance Gold Loan

7.00% – 26%
SBI Gold Loan

7.00% – 15.99%

Indian Bank Gold Loan

7.00% – 15.99%
UCO Bank Gold Loan

7.00% – 26.00%

Kotak Mahindra Bank Gold Loan

7.00% – 13.50%
Syndicate Bank Gold Loan

7.00% – 12.00%

 

FAQs About Kerala Gramin Bank Gold Loan:

  • What is Kerala Gramin Gold Loan?

Kerala Gramin Gold Loan provides gold loans for those individuals who need the money and don’t want their gold to be safe and secured at a low-interest rate.

  • How can I get the Gold Loan from Kerala Gramin Bank?

In detail to your comfort, visiting the BookMyLoans website online for gold loans can be of great help. Otherwise, you can go to the nearest Kerala Gramin Bank branch.

  • What is Gold Loan Interest Rate in Kerala Gramin Bank?

The Gold Loan interest rate of Kerala Gramin Bank is 7.0%.

  • How much Gold Loan can I get per gram in Kerala Garmin Bank?

You can get Rs. 5,268 Per Gram in Kerala Gramin Bank.

  • How to check Gold Loan status in Kerala Gramin Bank?

By visiting the Kerala Gramin Bank Gold Loan tracker webpage, you can prospect your gold loan status consistently. Else, you can visit the nearest branch of Kerala Gramin Bank.

  • How to calculate Gold Loan Interest in Kerala Gramin Bank?

EMI Calculator can be of help to perform calculative operations related to the gold loan.

  • How to Pay Kerala Gramin Bank Gold Loan Interest Online?

Online payment is the most convenient method for all individuals with no age limits. It can be easily done. You only have to select the payment mode like Paytm or any other supportive method.

  • What if I can’t pay the interest on Kerala Gramin Bank Gold Loan for 3 months?

If the customers have not paid the interest for 3 months, firstly they will be advised to contribute, and if still, they won’t listen then lawful activities will be performed.

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

You can prefer visiting the nearest branch of Kerala Gramin bank or you contacting the customer care at loan service. In both the ways you can apply for EMI Moratorium on Kerala Gramin Bank Gold Loan.