Dhanlaxmi Bank Gold Loan

Dhanlaxmi Bank Gold Loan Key Features – Apply Now

Dhanlaxmi Bank Gold Loan Interest Rate	7.25% per annum
Dhanlaxmi Gold Loan Rate Per Gram	Rate Per Gram is ₹ 3,800 to ₹ 4,350
Dhanlaxmi Bank Gold Loan Processing Fee	1.0% of the Principal Loan Amount
Dhanlaxmi Bank Gold Loan Minimum Loan Amount	up to 70% LTV
Dhanlaxmi Bank Gold Loan Maximum Loan Amount	Up to Rs. 1 Crore (With Income Proof)
Dhanlaxmi Bank Gold Loan Prepayment Charges	2%+GST (Within 3 Months), 0 (After 3 months)
Dhanlaxmi Bank Gold Loan Repayment Tenure	Up to 36 Months
Dhanlaxmi Bank Gold Loan Repayment Scheme	Bullet Payment Scheme, Overdraft Scheme

You just need to give a call on 9878981144 to avail of the Gold Loan.

Advantages of Dhanlaxmi Bank Gold Loan

1. A jewel loan is a swift loan as compared to other investments to get cash within a day.
2. The gold loan can be exercised for educational purposes
3. It serves to help in extending a profession.
4. To improve agribusiness by acquiring equipment for the water scheme and different requirements.
5. At the point when a medical urgency hits, a gold loan can be so helpful.
6. To get urgent cash while going on a journey.
7. Foreclosure: Dhanlaxmi Bank charges the borrower up to  2% + ST of Principal Outstanding in the event of a Gold Loan Foreclosure.

How much Gold loan can I get from Dhanlaxmi Bank Gold Loan

According to the latest gold prices, Dhanlaxmi Bank is offering a per gram gold loan at ₹ 3,800 to ₹ 4,350. The highest Dhanlaxmi Bank gold loan rate per gram today is ₹ 3,800 to ₹ 4,350 for 24-carat jewellery calculated at a maximum LTV of 75% and average gold loan prices of the last 30 days in 2020 are ₹ 3,800 to ₹ 4,350 of 22 carats.

Dhanlaxmi Bank Gold Loan Per Gram

Updated - Gold Loan Per Gram Rate w.e.f Jul 27 2024
Gold Weight	Gold Purity 24 Carat	Gold Purity 22 Carat	Gold Purity 20 Carat	Gold Purity 18 Carat
1 gram	4621	4290	3900	3510
10 gram	46210	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

About Dhanlaxmi Bank Gold Loan

Dhanlaxmi Bank is a private sector bank that was set up in 1927. The headquarters of the bank are in the state of Kerala. It became a commercial bank in 1977. Bank serves its customers with so many financial products like Loans, banking as well as credit cards. Moreover, Dhanlaxmi Bank provides a Gold loan with a low interest rate as well as the gold loan is disbursed very quickly, i.e. within an hour. Gold Loan’s whole process takes just a few minutes for approval.

Dhanlaxmi bank provides a Gold loan. The bank/financial organization will take care of all the gold/jewellery, and it will return to you whenever you pay back that particular amount of loan with interest to the bank/financial company.

• Dhanlaxmi Bank Gold Loan Interest Rate is 7.25% per annum
• Dhanlaxmi Bank Gold Loan Per Gram Rate is ₹ 3,800 to ₹ 4,350
• Dhanlaxmi Bank Gold Loan Tenure: Up to 36 months
• Dhanlaxmi Bank Gold Loan Processing Fee is Up to 1.0% of the Loan Amount + GST

Dhanlaxmi Bank Gold Loan Eligibility Criteria

Gold Loan is monetary merchandise provided by the Dhanlaxmi Bank to meet your requirements of short term or long term supplies. It is simple to avail of financial assistance granted by banks at low rates of interest and also needs minimal documentation for the corresponding. Dhanlaxmi Bank provides you with the Loan amount within an hour of application as the appraisal and approval process is swiftly done, keeping in mind your urgency regarding the demand for reserves.

Primary Eligibility criteria for availing of the Dhanlaxmi Bank Gold Loan is: 

Age	18-70 years of age
Nationality	Indian
Employment Status	Salaried, Self-Employed
Gold Quality	Minimum 18 Carats (10 grams)

A good Credit or CIBIL score is not required to apply for the Gold Loan as it is a fully secured financial service against your Gold as collateral security.

Dhanlaxmi Bank Gold Loan At Home

With the changing needs of the times, Dhanlaxmi Bank has come across a simple yet valuable solution that will make everything easy for you. Just like your necessary commodities such as groceries, clothes and much more, everything is provided at your doorstep, in the same way, now, you can quickly get a gold loan at the comfort of your home.

If you are in urgent need of funds or too busy to visit a bank or prefer social distancing, Allahabad Gold Loan At home is a one-step solution. The process is straightforward. You need to give us a call to put in your request for a gold loan. Our executive from the nearest branch will visit your home at the earliest. Everything will be done at your home in your presence, from the evaluation of the loan documentation to the transfer of the loan amount. Furthermore, there are many benefits of Dhanlaxmi Bank Gold Loan at Home:

• Fast loan approval
• Lower interest rates
• Maximum value of gold
• Flexible repay tenures
• Easy payment options
• No additional charges
• 24*7 customer support
• Full security of the gold
• No hidden fees
• Service at your doorstep within 30 minutes

Dhanlaxmi Bank Gold Loan Documents Required

Gold Loan or Loan Against Gold is a loan product offered to the borrowers by the Dhanlaxmi Bank wherein funds are provided for fulfilling the financial needs of the applicant. The gold ornaments of the applicant are kept as security by the bank in exchange for the funds. The entire Dhanlaxmi Bank Gold Loan process is hassle-free and easy to get with minimal documentation. The bank ensures the high security of your gold ornaments till the loan is closed.

Documents required for Applying for Dhanlaxmi Bank Gold Loan are :

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)
Agricultural Land Proof	Agricultural Land Proof and Income Statement of the applicant have required in the case the applicant wants the Gold Loan for Agricultural purposes.

A duly filled and signed Gold Loan application form shall be submitted along with the following documents:

**Any other documents as requested by the bank shall be duly submitted.**
APPLY FOR A GOLD LOAN AT 1% P.M.

Dhanlaxmi Bank Gold Loan Interest Rate, Fees and Charges

Dhanlaxmi Bank Gold Loan can fulfil all your urgent short term and long term monetary requirements. The rate of interest that you will be charged depends on the total loan amount as well as the quality/purity of the Gold you are to keep as security with the bank. Gold Loan interest rates offered by the Dhanlaxmi Bank are lower in comparison to other loans because it is a fully secured loan.

The Gold Loan interest rates in the bank start at 7.25% per annum per annum. Dhanlaxmi Bank also charges some additional fees along with the rate of interest in some cases, which are :

Dhanlaxmi Gold Loan Interest Rate	7.25% per annum
Processing Fee	1.0% 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

Gold Loan Apply Online

You can also connect with Dialabank by watching the below-mentioned steps to get a Gold Loan as per your necessity.

• Visit Dialabank’s website, where you will have to fill a form without any registration.
• Our Relationship Manager will contact you, help you during the Gold Loan process, and guide you to fulfil your financial needs.
• You will get personalized offers, providing you with the opportunity of comparing and taking the best deal according to your wants without any other charges.

Dhanlaxmi 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 Dhanlaxmi Bank Gold Loan EMI?

Your Dhanlaxmi Bank gold advance can be reimbursed in the following three different ways.

1. Standing Instruction (SI): If you are a current record holder with Dhanlaxmi Bank, Standing Instruction is the best method of repayment. Your EMI sum will be charged automatically toward the finish of the month to month cycle from the Dhanlaxmi Bank account you indicate.
2. Electronic Clearing Service (ECS): This mode can be utilised if you have a non-Dhanlaxmi Bank account and might want your EMIs to be charged consequently toward the finish of the month to month cycle from this record.
3. Post-Dated Checks (PDC): You can submit post-dated EMI checks from a non-Dhanlaxmi Bank account at your closest Dhanlaxmi Bank Loan Center. A new arrangement of PDCs should be provided on time. It will be ideal if you note Post Dated Checks will be gathered in non-ECS areas as it were.

So many banks and non-financial organizations provide a Gold Loan. Then why should you choose Dhanlaxmi Bank for a Gold Loan? Here are some reasons

• The bank is very dedicated to its customers.
• High Loan amount from a minimum in thousands to a crore.
• Quick processing.
• Bad credit history/ CIBIL score, not an issue.

You just need to give a call on 9878981144 to avail of the Gold Loan.

Gold Ornaments Accepted by Dhanlaxmi Bank

Gold jewellery such as Gold Bangles, Gold rings, Gold anklets, and Gold necklaces, all of these are accepted for availing a Gold Loan.

Quality: The quality of Gold should lie between 18 Carat to 22 Carat. Aby gold ornament which is 24 Carat, cannot be used for availing a gold loan.

Uses of Dhanlaxmi Bank Gold Loan

The funds acquired by availing the Dhanlaxmi Bank Gold Loan service can be used for several purposes such as:

• To finance any personal expenses such as a wedding, travel, payment of higher education fees, etc.
• For all your business needs, such as buying raw material, expansion of business, etc.
• You can also avail of a Gold Loan for agricultural purposes. The bank offers lower rates of interest for Gold Loans that are used for agriculture or allied activities.

Dhanlaxmi Bank Agricultural Jewel Loan Scheme

Scheme	Agricultural Jewel Loan Scheme
Interest Rate	Starting from 7.25% per annum (depends on the sum of the loan
Least amount of Loan	Depends on the value of  jewel which is being kept as security
Loan period	Adjustment of advance sum inside 2 months from the date of reap of yields

Dhanlaxmi Bank Agricultural Jewel Loan Scheme

• There is no processing fee is applicable for an amount up to ₹ 25,000
• 0.30% of the loan amount, Minimum of ₹ 300 charge is applicable to the amount ranging from above ₹  25,000 – less than ₹ 5 lakh
• 0.28% of the credit sum, subject to at least Rs.1,500 is applicable to the amount more than Rs.5 lakh but less than Rs. 1 crore.

Benefits of Dhanlaxmi Bank Agricultural Jewel Loan Scheme

• There is no processing fee is applicable up to ₹ 25,000
• 0.30% of the loan amount, Minimum of ₹ 300 charge is applicable to the amount ranging from above ₹  25,000 – less than ₹ 5 lakh
• 0.28% of the credit sum, subject to at least Rs.1,500 is applicable to the amount more than Rs.5 lakh however under Rs.1 crore

Dhanlaxmi Bank Gold Loan Overdraft Scheme

For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at Dhanlaxmi Bank is provided, it gives you an online way to get your own overdraft, also known as Smartdraft – Overdraft Against Salary. You do not need to visit the Dhanlaxmi Bank branches and go through a boring process. Just log in to the Dhanlaxmi Bank online banking portal and from there you can fill out a simple form and get an overdraft under your name.

FAQs About Dhanlaxmi Bank Gold Loan

✅ What is Dhanlaxmi Bank Gold Loan? 

Dhanlaxmi Bank offers loans against Gold at competitive rates of interest which depends on the amount of the loan to be borrowed. Dhanlaxmi Bank provides Gold Loans at an attractive rate of interest, starting from 7.00% per annum for the fulfilment of your urgent monetary requirements. The loan amount can be used to meet several expenses.

You can Gold loan to fulfil any expenses, whether leisure (travel, wedding, etc.) or professional (business use). The bank also provides secure repayment options.

✅ How can I get Gold Loan?

You can get a Gold Loan through a simple and hassle-free process by applying online at Dialabank.

✅ How much Gold Loan can I get per gram in Dhanlaxmi Bank?

The per gram rate for Gold Loan is ₹ 3,800 to ₹ 4,350, and it is subject to change based on the purity of your Gold and the market prices. Dhanlaxmi Bank provides Gold Loans at competitive interest rates for customers in need of urgent funds.

✅ How does Dhanlaxmi Bank Gold Loan work?

The Dhanlaxmi Bank Gold loan is a secure credit availing service available for those who have urgent cash requirements and can pledge gold ornaments as collateral security. Once the Gold pledged with the bank is valued, the bank processes the loan amount in your indicated account immediately. Various repayment options are available for repaying the loan.

✅ What is the Gold Loan interest rate in Dhanlaxmi Bank?

Dhanlaxmi Bank offers Gold Loans at interest rates starting from 7.25% per annum. The bank also charges a processing fee of 1% of the loan amount.

✅ How to check Dhanlaxmi Bank Gold Loan status?

You can check the status of your Gold Loan by contacting your loan branch either in person or through a customer care number.

✅  How to calculate Gold Loan Interest in Dhanlaxmi Bank?

You can easily calculate the gold loan interest rate in Dhanlaxmi Bank by subtracting the principal amount from the total sum to be paid.

✅ What is the maximum loan amount I can avail myself on Gold Loan from Dhanlaxmi Bank?

You can get a maximum amount of Rs 1 crore on a Dhanlaxmi Bank Gold Loan as the bank offers around 75% of the gold ornaments’ market value.

✅ What is the loan tenure of Dhanlaxmi Bank Gold Loan?

The maximum tenure of your Dhanlaxmi Bank Gold Loan is up to 36 months. However, you’ll be required to renew your loan plan after a year.

✅  How much Processing Fee is applicable on Dhanlaxmi Bank Gold Loan?

A processing fee of up to 1% of the loan amount or ₹1000 whichever is higher is charged.

✅ How to renew Dhanlaxmi Bank Gold Loan?

The renewal process requires you to visit your loan branch for a revaluation process of your Gold. You may be charged a renewal fee and will have to submit a renewal application form with the bank.

✅ How to renew Dhanlaxmi Bank Gold Loan online?

You will have to visit the branch and contact the officer in charge of your file to understand and initiate the process of renewal. Your Gold will undergo a revaluation process for new terms to be decided.

✅ What are the charges for renewal in Dhanlaxmi Bank Gold Loan?

Bank charges approximately Rs. 250- Rs. 500 for renewal of the gold loan.

✅ What are the charges for Prepayment in Dhanlaxmi Bank Gold Loan?

Dhanlaxmi Bank charges nothing for the prepayment of the gold loan.

✅ How to pay Dhanlaxmi Bank Gold Loan online?

Payment of Dhanlaxmi Bank Gold Loan can be made using Standing Instruction or ECS payment system. For more information, you can contact the customer care executive of the bank.

✅ What if I can’t pay the interest on Dhanlaxmi Bank Gold Loan for three months?

If you default on the repayment of your Dhanlaxmi Bank Gold Loan, the bank will charge a penalty fee and may even auction your Gold to recover the amount. Defaulting on your loan also decreases your Credit Score and makes it difficult to avail of an investment in the future.

✅ How can I apply for EMI Moratorium on Dhanlaxmi Bank Gold Loan?

You can apply for the Dhanlaxmi Bank Gold loan moratorium online by logging in with your credentials or by personally visiting the main branch. The moratorium request has to be submitted at least five working days before the due date of your EMI.

✅ How to pay Dhanlaxmi Bank Gold loan through a credit card?

As per RBI Guidelines, the Dhanlaxmi Bank Gold loan cannot be repaid via credit cards. Other payment modes such as net banking, debit cards, cheques, DDs can be used for loan repayment.

✅ What is the Dhanlaxmi Bank Gold Loan customer care number?

For contacting the Dhanlaxmi Bank Gold loan customer care just dial 9878981144.

✅ What is the Dhanlaxmi Bank Gold Loan closure procedure?

• Just go to the bank with the documents.
• Write a letter for pre-closure of the Dhanlaxmi Bank Gold loan account.
• Pay the pre-closure charges as per Dhanlaxmi Bank Gold Loan.

✅ What is the Dhanlaxmi Bank Gold Loan preclosure charge?

Up to  2% + ST of Principal Outstanding are taken as preclosure charges.

✅ What is the Dhanlaxmi Bank Gold Loan overdraft scheme?

For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at Dhanlaxmi Bank is provided, it gives you an online way to get your own overdraft, also known as Smartdraft – Overdraft Against Salary. You do not need to visit the Dhanlaxmi Bank branches and go through a boring process. Just log in to the Dhanlaxmi Bank online banking portal and from there you can fill out a simple form and get an overdraft under your name.

✅ What is the Dhanlaxmi Bank Gold Loan maximum tenure?

The maximum tenure of the Dhanlaxmi Bank Gold loan is 36 months.

✅ What is the Dhanlaxmi Bank minimum gold loan tenure?

The minimum gold loan tenure is 6 months.

✅What is the foreclosure procedure for Dhanlaxmi Bank Gold Loan?

Dhanlaxmi Bank Gold Loan charges 0.50% of the principal amount as the Foreclosure.