Kerala Gramin Bank Gold Loan

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.