Saptagiri Grameena Bank Gold Loan

Saptagiri Grameena Bank Gold Loan Key Features

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

Advantages of Saptagiri Grameena Bank Gold Loan

• Quick Procedure: You can take a Gold Loan from Saptagiri Grameena Bank only and rapidly without any difficulties. The loan gets accepted in 60 minutes.
• Fewer Documents: The documentation procedure is unswerving here; fewer documents are required for the gold loan in Saptagiri Grameena Bank.
• Transparent System: The Saptagiri Grameena Bank offers complete transparency to their client; and that is, there are no concealed charges.
• Amount of Loan: The least amount of loan that Saptagiri Grameena Bank can provide to their client is Rs. 15,000. And, it can be less than Rs 10,000 in rural districts.
• Safety of Jewelry: One important thing to note is that the bank takes the real concern for the security of your gold. Henceforth, they kept the gold in fire-proof protection.
• Loan Tenure: The time-period of the Gold loan in Saptagiri Grameena Bank can be from 3 months to 2 years. After this, you can choose yours eases accordingly.
• Benefits for Farmers: Saptagiri Grameena Bank offers some special deals for farming purposes. Saptagiri Grameena Bank offers a nominal Gold Loan interest rate for farming purposes.
• No Debt Problem: There can be situations like in which if an aspirant is not able to refund the amount of the loan, in that case, the aspirant will not be under any debts as the bank will only take embrace of the aspirant’s ornaments.
• No Income Restrictions: There are no limits on the salary or income of the applicant; hereafter, anyone with any salary range can apply for a gold loan in Saptagiri Grameena Bank.

How Much Gold Loan can I Get through Saptagiri Grameena Bank Gold Loan?

Saptagiri Grameena 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

 

Saptagiri Grameena Bank Gold Loan Eligibility

Age	18-70 years of age
Nationality	Indian
Employment Status	Salaried, Self-Employed
Gold Quality	Minimum 18 Carats

 

Saptagiri 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)

 

Saptigiri Gramena 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 Saptagiri Grameena Bank Gold Loan

Life is full of uncertainties and difficulties. Consequently, you may need cash to handle the economic problems in your life. In that case, you can get a Gold Loan from Saptagiri Grameena Bank to fight with the economic emergency. A gold loan is a benign loan. Next, the people with low CIBIL score can also apply for this service. Saptagiri Grameena Bank Gold Loan is one of the incomparable gold loans in India.

However, there is a lot of financial banking and non-banking firms that may provide you with the gold loan, but Saptagiri Grameena Bank Gold Loan is considered the greatest. Saptagiri Grameena Bank was set up in 2006. It is one of the most apparent and trustable banks in India. Also, it is known for its brilliant economic facilities. Here the transactions are very safe.

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

Types of Saptagiri Grameena Bank Gold Loan

Saptagiri Grameena Bank offers some plans linked to the Gold Loan item which are listed below:

• Loan Against Gold – Saptagiri Grameena Bank gives Gold Loan at exciting steps that are important to satisfy anybody’s critical need of assets for any reason whether individual or professional. The gold credit is a wholly made sure about type of loans, and then, the bank has no danger in giving the sum to the applicant, so it is given at a slower step of best when allied with different types of Loan items.
• Loan Against gold for the Farming industry – Saptagiri Grameena Bank gives Gold Loans clearly to farming industry purposes to farmers at a rare step of interest when compared with gold loans given for different employments. They are given different proposals, and while taking the loan, you have to give the bank your Property evidence.

Saptagiri 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 Saptagiri Grameena Bank Gold Loan EMI?

• Standing Instruction (SI): If you are a present account holder with Saptagiri Grameena Bank, Standing Instruction is the extreme unswerving procedure to pay. Your EMI sum will be credited naturally towards the month’s end to month time frame from the Saptagiri Grameena Bank account you show.
• Electronic Clearing Service (ECS): The program can be applied in the incident that you have a non-Saptagiri Grameena Bank account and may need your EMIs to be charged this way near to the extreme limit of the month to month cycle from this record.
• Post-Dated Checks (PDC): You can show post-dated EMI inquiries from a non-Saptagiri Grameena Bank account at your nearest Saptagiri Grameena Bank Loan Centre. An alternative method of PDCs should be presented in the right way. It will be great in the incidence that you note Post Dated Checks will be collected non-ECS states metaphorically speaking.

Saptagiri Grameena Bank Gold Loan Contact Number

Call 9878981144 And get quick support and approval for your Saptagiri Grameena Bank Gold Loan. You can now know the best offers on Gold Loan available from all the Saptagiri Grameena Bank Branches in all over the country to avail the best deal related according to your requirements.

Gold Ornaments Accepted by Saptagiri Grameena Bank

• Gold Ornaments: Saptagiri Grameena Bank approves gold Jewellery like Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of these for a Gold Loan.
• Quality: The quality of gold must be between 18 Carat to 22 Carat. Any gold ornament, which is 24 Carat, cannot be used for a gold loan.

Use of Saptagiri Grameena Bank Gold Loan

The funds settled by availing the Saptagiri Grameena Bank Gold Loan facility can be used for plentiful purposes like:

• To fund any specific investments such as a wedding, climbing, instalment of higher education expenses, etc.
• For all your marketing needs, like buying a new supply, developing marketing, etc., a loan service is available.
• You can also apply for Gold Loan for farming concepts. The bank gives minor charges of interest for Gold Loans that are used for agriculture or 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 Saptagiri Grameena Bank Gold Loan

• What is Saptagiri Grameena Bank Gold Loan?

Saptagiri Grameena Bank Gold Loan is a loan system that you can apply for urgent financial help by keeping your gold as security with the bank. It also offers reasonable interest rates on Term Loan, Overdraft, and EMI based loan. Usual Gold Loan expenditure time at Saptagiri Grameena Bank is just 45 minutes.

• How can I get the Gold Loan from Saptagiri Grameena Bank?

You can effortlessly get the Saptagiri Grameena Bank Gold Loan by visiting any of the gold loan offering branches of Indian or you can apply online with BookmyLoan by just sitting at your place and get the best offers. Saptagiri Grameena Bank is one of the most significant banks in India that offers Gold Loan features.

• What is Gold Loan Interest Rate in Saptagiri Grameena Bank?

The Gold Loan interest rate in Saptagiri Grameena Bank is 7.0% per annum. The rate of interest is subject to many factors, namely: loan amount, loan time-periods, purity of gold, and affiliation with Saptagiri Grameena Bank.

• How much Gold Loan can I get per gram in Saptagiri Grameena Bank?

 The per gram Gold Loan in Saptagiri Grameena Bank that you can get depends on the purity of your gold. Saptagiri Grameena Bank agrees to take the gold of purity between 18 carats to 22 carats to offer a Gold Loan. You can avail up to ₹ 5,268 Per Gram in Saptagiri Grameena Bank Gold Loan.

• How to check Gold Loan status in Saptagiri Grameena Bank?

To check your Saptagiri Grameena Bank Gold Loan status all, you need to do is, visit the Saptagiri Grameena Bank Loan Status Tracker web page and fill your details in the form given there. You can track the status easily of your loan from the place and stay updated.

• How to calculate Gold Loan Interest in Saptagiri Grameena Bank?

You can calculate the interest on your Saptagiri Grameena Bank Gold Loan using BookmyLoans EMI Calculator which gives you definite amounts based on the info you enter into the calculator.

• How to Pay Saptagiri Grameena Bank Gold Loan Interest Online?

You can pay Saptagiri Grameena Bank Gold Loan interest online thru net banking on the official Saptagiri Grameena Bank loan compensation web page or, you can also refund your Saptagiri Grameena Gold Loan on Paytm using your chosen payment process.

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

If you do not pay your Saptagiri Grameena Bank Gold Loan for three months, firstly the bank will remind you of your inadequate payments. And after that, If the payment requests go ignored an official legal notice will be sent for demanding the compensation and to finish of the loan. Non-payment on your Gold Loan will lead to a lessening of your credit score and also makes you legally responsible to face legal actions by the bank as well as seizure and auction of your gold.

• How can I apply for EMI Moratorium on Saptagiri Grameen Bank Gold Loan?

You can quickly apply for an EMI Moratorium on Saptagiri Grameena Bank Gold Loan now between 1st March and 31st August 2020 and has to be done by contacting the bank’s customer care or by visiting the nearest Saptagiri Grameena Bank branch.