Tamil Nadu State Apex Co-operative Bank Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Tamil Nadu State Apex Co-operative Bank Gold Loan Key Features

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

Advantages of Tamil Nadu State Apex Co-operative Bank Gold Loan:

  • Quick Process: Tamil Nadu State Apex Co-operative Bank Loan is approved and distributed quickly and with no problems. The loan gets sanctioned in an hour.
  • Lesser Documentation: The documentation methodology of this loan is obvious and fewer, necessary reports are needed for the Tamil Nadu State Apex Co-operative Bank gold loan.
  • Explicit System: The bank provides its best to point out full transparency to the client; that’s, there are not any hid charges from you.
  • Amount of Loan: The minimum base amount of loan that Tamil Nadu State Apex Co-operative Bank provides to its shopper is Rs. 15000. Likewise, It may not be over Rs ten thousand in rural zones.
  • Safety and security of Jewelry: One outstanding issue to notice is that the bank is reliable altogether for the protection of your gold. consequently, the gold is unbroken in fireplace resistant vault.
  • Loan Tenure: The tenure of the loan will vary from three months to a pair of years. Henceforth, you can decide on a call as per your comfort.
  • Benefits for Farmers: Tamil Nadu State Apex Co-operative Bank provides some extraordinary proposals for agricultural usage. That is, the bank offers a somewhat lower Gold loan charge per unit for agricultural use.
  • No Burden of Debt: There may be circumstances during which the lender isn’t ready to repay the loan quantity, in such a state of affairs the loaner won’t be underneath any obligation because the bank can solely confiscate the gold jewelry.
  • No Income Restrictions: There are not any restrictions on the salary or financial gain of the loaner, henceforth, anybody with any pay vary will avail a gold loan

How Much Gold Loan can I Get through Tamil Nadu State Apex Co-operative Bank Gold Loan:

Tamil Nadu State Apex 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

Tamil Nadu State Apex Co-operative Bank Gold Loan Eligibility:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

Tamil Nadu State Apex Co-operative 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)

Tamil Nadu State Apex Co-operative 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 Tamil Nadu State Apex Co-operative Bank Gold Loan:

When faced with shortcomings, therefore you will like cash to cope up with money hurdles in your life. to beat this case, you’ll be able to get a Gold Loan to battle with the money connected emergency. A gold loan could be an utterly secured loan. As would like, people with low CIBIL scores can even what is more benefit from this organization. Tamil Nadu State Apex Co-operative Bank Gold Loan is unprecedented among different gold credits in India.

In any case, there’s a huge amount of cash connected banking and non-banking affiliations that offer you a gold loan, nevertheless, Tamil Nadu State Apex Co-operative BankGold Loan is viewed because it is the best. it’s one in every of the foremost accepted and probable banks in India. Also, it’s identified for its astounding cash connected associations.

  • Tamil Nadu State Apex Co-operative Bank Gold Loan Interest Rate is 7.0% per annum
  • Tamil Nadu State Apex Co-operative Bank Gold Loan Per Gram is ₹ 5,268
  • Tamil Nadu State Apex Co-operative Bank Gold Loan Tenure: Up to 24 months
  • Tamil Nadu State Apex Co-operative Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Tamil Nadu State Apex Co-operative Bank Gold Loan:

  • Loan Against Gold – Tamil Nadu State Apex Co-operative Bank provides Gold Loan at participating rates of interest to satisfy anyone’s dire demand of funds for any purpose whether or not personal or versatile. The gold loan may be a very secured form of loans then, the bank has no risk in disposal the total to the investor thus it’s provided at a lower rate of interest once place next to different types of Loan merchandise.
  • Loan Against Gold for Agriculture –Tamil Nadu State Apex Co-operative Bank provides Gold Loans specifically for agriculture functions to farmers at a special rate of interest as compared to gold loans given for various uses. they are given special offers and that they ought to provide the bank Land proofs that they’re taking the Loan for.

Tamil Nadu State Apex 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 Tamil Nadu State Apex Co-operative Bank Gold Loan EMI?

Your Tamil Nadu State Apex Co-operative Bank gold advance is going to be reimbursed inside the subsequent three different ways that.

  • Standing Instruction (SI): If you are an associate account holder with Tamil Nadu State Apex Co-operative Bank, Standing Instruction is the foremost dependable methodology of compensation. Your EMI quantity is attributable automatically towards the ending of the month to month quantity from the Tamil Nadu State Apex Co-operative Bank checking account you show.
  • Electronic Clearing Service (ECS): This program is going to be applied if you have a non-Tamil Nadu State Apex Co-operative Bank record and might would really like your EMIs to be debited consequently near to the highest of the month to month cycle from this account.
  • Post-Dated Checks (PDC): You may show post-dated EMI analyses from a non-Tamil Nadu State Apex Co-operative Bank financial statement at your nearest Tamil Nadu State Apex Co-operative Bank loan Center. A different version of PDCs has to be compelled to tend directly. it’s going to be smart if you note Post Dated Checks area unit collected non-ECS states as a result of it absolutely was.

Tamil Nadu State Apex Co-operative Bank Gold Loan Contact Number:

Call 9878981144 and acquire instant facilitate and approval for your Tamil Nadu State Apex Co-operative Bank Gold Loan. You will be able to apprehend the foremost effective offers on Gold Loan out there from all the Tamil Nadu State Apex Co-operative Bank Branches throughout the country to avail the foremost effective deal applicable to your needs.

Gold Ornaments Accepted by Tamil Nadu State Apex Co-operative Bank:

  • Gold jewelry like Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of these are accepted by Tamil Nadu State Apex Co-operative Bank for availing a Gold Loan.
  • Quality: The quality of gold has to be between eighteen Carat to twenty-two Carat. Any gold ornament that’s twenty-four Carat, cannot be used for availing a gold loan.

Use of Tamil Nadu State Apex Co-operative Bank Gold Loan:

The funds obtained by availing the Tamil Nadu State Apex Co-operative Bank Gold Loan service is employed for several functions such as:

  • To fund any express investments like matrimony, hiking, instalment of higher tuition payments, etc.
  • For all of your marketing wants, like obtaining a recent supply, developing marketing, etc., loan service is obtainable.
  • You can moreover avail of a Gold Loan for agriculture ideas. The bank provides lower prices of interest for Gold Loans that area unit used for farming or connected comes.

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 Tamil Nadu State Apex Co-operative Bank Gold Loan:

  • What is Tamil Nadu State Apex Co-operative Bank Gold Loan?

Tamil Nadu State Apex Co-operative Bank Gold Loan is a loan scheme merely that you just will simply avail for pressing money crisis by keeping your gold as collateral security with the bank. It jointly comes with participating interest rates on Term Loan, Overdraft, and EMI based loan. Average Gold Loan disbursal time at Telangana State Co-Operative Apex Bank is solely forty-five minutes.

  • How can I get the Gold Loan from Tamil Nadu State Apex Co-operative Bank Bank?

You will get Tamil Nadu State Apex Co-operative Bank Gold Loan by visiting any of the gold loan giving branches of Tamil Nadu State Apex Co-operative Bank otherwise you’ll apply online with BookMyLoans from the comfort of your home and acquire the simplest deals and offers. Tamil Nadu State Apex Co-operative Bank is one all told the leading banks in the country that has Gold Loan service

  • What is Gold Loan Interest Rate in Tamil Nadu State Apex Co-operative Bank?

The Gold Loan rate of interest in Tamil Nadu State Apex Co-operative Bank is 7.0% per annum. the rate of interest depends upon a range of things, namely: loan amount, loan tenure, purity of gold, and your terms with Telangana State Co-Operative Apex Bank

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

The per gram Gold Loan in Tamil Nadu State Apex Co-operative Bank that you just get depends on the purity of your gold. Telangana State Co-Operative Apex Bank accepts gold of purity between 18 carats to 22 carats to provide a Gold Loan. You will be ready to avail up to ₹ 5,268 Per Gram in Tamil Nadu State Apex Co-operative Bank Gold Loan

  • How to check Gold Loan status in Tamil Nadu State Apex Co-operative Bank?

In order to look at your Tamil Nadu State Apex Co-operative Bank Gold Loan status, all you’d wish to do is visit the Telangana State Co-Operative Apex Bank loan status tracker web page and fill in your details inside the form given. You will be ready to merely track your loan standing from anywhere and keep updated.

  • How to calculate Gold Loan Interest in Tamil Nadu State Apex Co-operative Bank?

You can calculate the interest on your Tamil Nadu State Apex Co-operative Bank Gold Loan interest BookMyLoans’ EMI Calculator that provides you correct amounts supported on the information you enter into the calculator.

  • How to Pay Tamil Nadu State Apex Co-operative Bank Gold Loan Interest Online?

You can pay Tamil Nadu State Apex Co-operative Bank Gold Loan interest online through net banking on the official Tamil Nadu State Apex Co-operative Bank loan compensation web content or as an alternate, you can put together your repayment of Tamil Nadu State Apex Co-operative Bank Gold Loan on Paytm using your choice of payment methodology.

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

If you are not able to pay your Tamil Nadu State Apex Co-operative Bank Gold Loan in the period of 3 months, the bank will at first prompt you of your unfinished dues. If the payment requests go unsounded, a legal notice is shipped relating to the compensation and closure of the loan. Defaulting on your Gold Loan ends up in a decrease of your credit score and put together causes you to liable to face legal actions by the bank additionally as confiscation and auction of your gold.

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

You can apply for EMI Moratorium on Tamil Nadu State Apex Co-operative Bank Gold Loan presently between 1st March and 31st August 2020 and has to be done by contacting the Bank consumer care or visiting the closest Tamil Nadu State Apex Co-operative Bank branch.