Pondicherry State Co-operative Bank Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Pondicherry State Co-operative Bank Gold Loan Key Features

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

Advantages of Pondicherry State Co-operative Bank

  • Fast Process: Pondicherry State Co-operative Bank Gold Loan gets confirmed and payout easily. The loan is within an hour.
  • Minimal Documents: For Pondicherry State Co-operative Bank Gold Loan document process is straightforward and only necessary documents are needed
  • Transparent System: Flawless clarity is given to the customer, there are no hidden charges.
  • Amount of Loan: The least amount of loan provided to the customer is Rs. 15000. In rural areas, the least amount can also be less than Rs 10000.
  • Safety of Jewellery: Pondicherry State Co-operative Bank is liable for the protection of your gold. Thus, gold is given fireproof protection.
  • Loan Tenure: The loan is administered for the term from 3 months to 2 years.
  • Benefits for Farmers: Pondicherry State Co-operative Bank predominates some exclusive offers for agricultural objectives. Low Gold Loan interest rate for agricultural procedures are provided.
  • No Debt Burden: If in any circumstances the applicant is not able to repay the loan amount the applicant will not be under debts. Only the ornaments will be confiscated.
  • No Income bounds: there are no constraints on the salary of the applicant. Hence, applicants with any salary level can avail a gold loan.

How much Gold Loan can I Get through Pondicherry State Co-operative Bank Gold Loan

Pondicherry State Co-operative Bank 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

Call on 9878981144 to avail the Best Deals and Offers on Pondicherry State Co-operative Bank Gold Loan Per Gram.

Pondicherry State Co-operative Bank Gold Loan Eligibility 

The applicants for Gold Loan are eligible only if they fulfil the following criteria:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

Pondicherry State Co-operative Bank Gold Loan Documents Required

In Pondicherry State Co-operative Bank Gold Loan least documentation are required to easily access to the gold loan. Following are the list of 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)

Pondicherry State Co-operative Bank Gold Loan Interest Rate, Fees and Charges

Gold as security is available at a low-interest rate because it’s under the category of secured loans. Therefore, the Gold Loan interest rates are lesser than that of the personal loan or any other type of loans. The Gold Loan rate keeps on changing time to time as well as person to person.

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 Pondicherry State Co-operative Bank Gold Loan

Uncertainties are a part of life. Thus, to tackle with all the financial obstacles in your life we all need money. Where Gold Loan acts an essential role to fight with the financial crisis. Gold Loan is a secured loan. People with low CIBIL score can also have smooth access to this service.  Pondicherry State Co-operative Bank Gold Loan is one of the most suitable Gold Loans in India.

Despite, there is plenty of financial banking and non-banking companies that avail the gold loan, but Pondicherry State Co-operative Bank Gold Loan is regarded the best. Pondicherry State Co-operative Bank is well-known for its excellent financial services, as it is one of the most reputed and dependable banks in India.

  • Pondicherry State Co-operative Bank Gold Loan Interest Rate is 7.00% per annum
  • Pondicherry State Co-operative Bank Gold Loan Per Gram is ₹ 5,268
  • Pondicherry State Co-operative Bank Gold Loan Tenure: Up to 24 months
  • Pondicherry State Co-operative Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Pondicherry State Co-operative Bank Gold Loan

Pondicherry State Co-operative Bank provides various schemes attached to the Gold Loan product. Schemes are as follows:

  • Loan Against Gold- Pondicherry State Co-operative Bank grants Gold Loan at an exciting rate of interests which can actually fulfil anyone’s immediate need of funds for any personal or professional reasons. Gold Loan is simply a secured form of loan where the bank has no risk in the lending amount of money to the loan seeker at a cheaper rate of interest as compared to the other forms of Loan products.
  • Loan Against Gold for Agriculture- Specifically for agricultural purposes to farmers Pondicherry State Co-operative Bank Avails Gold Loan at a unique rate of interest as compared to the Gold Loans which are granted for other uses. Especially offers avails and the bank need the Land proofs on which basis the loan seekers appeal for Loan.

Pondicherry State Co-operative 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 Pondicherry State Co-operative Bank Gold Loan EMI?

Pondicherry State Co-operative Bank Gold Advance can be repaid in the different following ways:

  • Standing Instruction (SI): If you are an account owner with Pondicherry State Co-operative Bank currently, then Standing Instructions is the common opted method of payment. toward the end of the month period, the EMI amount will be charged from the applicants Pondicherry State Co-operative Bank account the applicant shows.
  • Electronic Clearing Service (ECS): This scheme is for the applicants who have a  non-Pondicherry State Co-operative Bank record and the EMIs need to be debited consequently at the completion of the monthly cycle from this account.
  • Post-Dated Checks (PDC): The applicant can present post-dated EMI examine from non-Pondicherry State Co-operative Bank statement at your nearby Pondicherry State Co-operative Bank Loan Center. Immediately, the latest version of PDCs should be displayed. For ideal condition, it’s recommended to note Post Dated Checks which will be collected non-ECS states as it were.

Pondicherry State Co-operative Bank Gold Loan Contact Number

Call at 9878981144 to get immediate help and approval for your Pondicherry State Co-operative Bank Gold Loan. You can know the best offers on Gold Loan accessible from all the Pondicherry State Co-operative Bank Branches everywhere in the country to avail the best deal suitable to your needs.

Gold Ornaments Accepted by Pondicherry State Co-operative Bank

  • Gold Jewellery like Gold Bangles, Gold rings, Gold anklets, Gold Necklaces etc. are all taken by Pondicherry State Co-operative Bank for attempting Gold Loan
  • Quality: the quality of Gold should be among 18 to 22 Carat. Any 24 Carat gold ornaments cannot be accepted to avail a gold loan.

Use of Pondicherry State Co-operative Bank Gold Loan

The fund that is obtained by Pondicherry State Co-operative Bank Gold Loan services can be used for numerous purposes:

  • Fund for any appropriate investments such as hiking, marriage, instalment of higher tuition fees, etc.
  • Loan services are accessible for marketing essentials like purchasing fresh supply, developing marketing, etc.
  • Additional Gold Loan can also be availed for horizontal ideas. the bank gives a lower rate of interest for Gold Loans that are available for farming or farming-related projects.

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 Pondicherry State Co-operative Bank Gold Loan

  • What is Pondicherry State Co-operative Bank Gold Loan?

Pondicherry State Co-operative Bank Gold Loan is a loan scheme where you can access for any difficult financial help by keeping your gold as a guarantee with the bank. It comes with appealing interest rates on Term Loan, Overdraft and EMI based loan. Average Gold Loan disbursal time is just 45 minutes.

  •  How can I get the Gold Loan from the Pondicherry State Co-operative Bank? 

You can get Pondicherry State Co-operative Bank Gold Loan by being to any nearby Gold Loan offering branch. Even you can reach Gold Loan online with BookMyLoans from anywhere and get the best deals and offers.

  • What is Gold Loan Interest Rate in Pondicherry State Co-operative Bank?

The Gold Loan interest rate in Pondicherry State Co-operative Bank is 7.0% per annum. The rate of interest depends on various criteria namely: loan amount, loan tenure, purity of gold etc.

  • How much Gold Loan can I get per gram in Pondicherry State Co-operative Bank?

The value of per gram Gold Loan purely depends on the purity and quality of the gold. Pondicherry State Co-operative Bank believes gold purity among 18 to 22 carats to provide a Gold Loan. You can avail up to Rs. 5,268 per gram in Pondicherry State Co-operative Bank Gold Loan.

  • How to check Gold Loan status in Pondicherry State Co-operative Bank?

To review the status of Pondicherry State Co-operative Bank Gold Loan you can visit Pondicherry State Co-operative Bank Loan Tracker. Fill up your features in the provided application. This can easily help you to trace the status of your loan from anywhere at any time and keeps you updated.

  • How to calculate Gold Loan Interest in Pondicherry State Co-operative Bank?

Pondicherry State Co-operative Bank Gold Loan interest can be measured using BookMyLoans’s EMI Calculator. It gives you the exact details based on the information the applicant enters in the calculator

  • How to Pay Pondicherry State Co-operative Bank Gold Loan Interest Online?

Pondicherry State Co-operative Bank Gold Loan interest can be paid through net banking on the official Pondicherry State Co-operative Bank loan payment web page or alternatively. Another mode Paytm can also be used to pay Pondicherry State Co-operative Bank Gold Loan or your preferred payment method.

  • What if I can’t pay the interest on Pondicherry State Co-operative Bank Gold Loan for 3 months?

If the interest is not paid back for 3 months, then initially notice is given for your pending dues. After this, if the payment demands go overlooked or unheard then an official legal notice is sent, that demands the repayment and closure of the loan. Such defaults on your Gold Loan ends up in a reduction of your credit score and also make you accountable to face legal actions by the bank which may include confiscation and auction of your gold.

  • How can I apply for EMI Moratorium on Pondicherry State Co-operative Bank Gold Loan?

You can apply for EMI Moratorium on Pondicherry State Co-operative Bank Gold Loan between 1st March and 31st August 2020. You can get it done by communicating the Bank Customer Care or visiting the nearby Pondicherry State Co-operative Bank branch.