Vananchal Gramin Bank Gold Loan Key Features – Apply Now
| Vananchal Gramin Bank Gold Loan Interest Rate | Starting 7.25% per annum |
| Vananchal Gramin Bank Gold Loan Rate Per Gram | Rate Per Gram Today is ₹ 3,800 to ₹ 4,350 |
| Vananchal Gramin Bank Gold Requirement | Minimum 18 Carat |
| Vananchal Gramin Bank Gold Loan Processing Fee | 1% of the Principal Loan Amount |
| Vananchal Gramin Bank Minimum Loan Amount | up to 75% LTV |
| Vananchal Gramin Bank Maximum Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
| Vananchal Gramin Bank Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
| Vananchal Gramin Bank Repayment Tenure | 6 Months to 36 Months |
| Vananchal Gramin Bank Gold Loan Schemes | Bullet Payment Scheme, EMI Scheme |
Advantages of Vananchal Gramin Bank Gold Loan
How Much Loan Can I Get Through Vananchal Gramin Bank Gold Loan – updated January 2021
| Vananchal Gramin Bank Gold Loan Rates/ Gram- updated January 2021 | ||||
| Weight | Loan on 18Cr gold | Loan on 20Cr gold | Loan on 22Cr gold | Loan on 24Cr Gold |
| 1 gm | 2464 | 2746 | 3029 | 3311 |
| 10 gms | 24640 | 27460 | 30290 | 33110 |
| 20 gms | 49280 | 54920 | 60580 | 66220 |
| 30 gms | 73920 | 82380 | 90870 | 99330 |
| 50 gms | 123200 | 137300 | 151450 | 165550 |
| 100 gms | 246400 | 274600 | 302900 | 331100 |
| 200 gms | 492800 | 549200 | 605800 | 662200 |
| 300 gms | 739200 | 823800 | 908700 | 993300 |
| 500 gms | 1232000 | 1373000 | 1514500 | 1655500 |
About Vananchal Gramin Bank Gold Loan
Vananchal Gramin Bank Gold Loan Eligibility
Primary Eligibility criteria for availing the Vananchal Gramin Bank Gold Loan is:
| Age | 18-75 years |
| Requirements | Gold ornaments (18-22 carats) |
| CIBIL score | Above 500 |
| Nationality | Indian |
Vananchal Gramin Bank Gold Loan at Home
Gold Loan at Home is a cash-on-the-spot or doorstep loan service that allows you to borrow money from the convenience of your own home. The service is fast, flexible, and cost-effective and interest rates are also low. You can use the gold loan calculator to determine the value of your gold or the loan amount before completing a loan request. Obtaining a Gold Loan at home is an easy and quick process that can be done in a matter of minutes.
Within 30 minutes, one of our employees will call you and arrive at your home. When all e-documentation and gold identification are completed at your residence, the appropriate gold loan amount will be sent directly to your bank account.
The benefits of getting a gold loan at your doorsteps are:
- Access To Your Loan Account 24 X 7
- Diverse Range of Gold Loan Schemes
- You can get free insurance for your Gold
- There are no hidden fees.
- You will get the maximum value of your Gold
- You can avail your Gold Loan in just 1 visit
Vananchal Gramin Bank Gold Loan Documents Required
Documents required to avail Vananchal Gramin Bank Gold Loan are :
| Identity Proof | Aadhar Card/Passport/ Voter ID/ Pan Card/ (Anyone) |
| Residence Proof | Aadhar Card /Pan Card/ Ration Card/ Rental Agreement of applicant/ Voter ID card/ Utility Bills on the name of the applicant (Anyone) |
| Agriculture Proof ( if applicable) | Agriculture Land Ownership Proof |
| Photographs | 2 Passport sized coloured |
Vananchal Gramin Bank Gold Loan Interest Rate, Fees and Charges
| Gold Loan Rate | 7.25% per annum |
| Processing Fee | 0% of the loan amount |
| Loan to Gold value | Up to 75% |
| Pre-payment Charges | 0- 2% |
Types of Vananchal Gramin Bank Gold Loan
- Agricultural purpose: Vananchal Gramin Bank offers loan against gold for agrarian purposes at a meagre rate of interest.
- Non-Agricultural purpose: The rate of interest by Vananchal Gramin Bank are slightly higher for non-agricultural purpose loans.
Vananchal Gramin Bank Gold Loan Apply Online
- Visit Dialabank‘s website.
- Fill a gold loan application form.
- Our relationship manager will contact you on your provided number.
- With the help of our experts, find and choose the best gold loan for yourself.
Vananchal Gramin Bank Gold Loan EMI Calculator
| Rate | 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 Vananchal Gramin Bank Gold Loan EMI?
- Standing Instruction (SI): for Vananchal Gramin Bank record holders.
- Electronic Clearing Service (ECS): for non-Vananchal Gramin Bank account holders.
- Post-Dated Checks (PDC): to enable post-dated EMI cheques from a non-Vananchal Gramin Bank account.
Vananchal Gramin Bank Gold Loan Contact Number
For any assistance regarding a gold loan in Vananchal Gramin Bank, you can contact on the number 9878981144.
Gold Ornaments Accepted by Vananchal Gramin Bank
All kinds of gold jewellery such as Gold Bangles, Gold rings, Gold anklets, and Gold necklaces, (18-24 carats) all of these are accepted for availing a Gold Loan.
Uses of Vananchal Gramin Bank Gold Loan
- To finance personal expenses like vacation expenses, tuition fees etc.
- Finance business needs like buying inventory, plant etc.
- Gold against the loan for agricultural purposes.
Vananchal Gramin 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 |
Benefits of Vananchal Gramin Bank Agricultural Jewel Loan Scheme
- There is no arranging cost is appropriate up to ₹ 25,000
- 0.30% of the credit aggregate, Minimum of ₹ 300 charge is material to the complete going from above ₹ 25,000 – not really ₹ 5 lakh
- 0.28% of the credit complete, subject to at any rate Rs.1,500 is proper to the total more than Rs.5 lakh regardless under Rs.1 crore
Vananchal Gramin Bank Gold Loan Overdraft Scheme
Vananchal Gramin Bank given an overdraft scheme. It works like a Credit Card, where you can spend your Gold Loan Amount as you need at the point any place. The general advancement aggregate will have a Credit/Loan Limit. In the Bank Gold Loan Overdraft office, the charges are paid essentially on the money you use.
FAQs About Vananchal Gramin Bank Gold Loan
✅ What is Vananchal Gramin Bank Gold Loan?
Vananchal Gramin Bank Gold Loan is a loan against a gold scheme that comes with the maximum funding of 75% of the total market value of your gold. The loan amount can be used for all your personal and business needs. Gold Loan by Vananchal Gramin Bank is a financial product that can fulfil your short term fiscal requirements. If you are above 18 years and are a permanent resident of the country with possession of gold, you can apply for Vananchal Gramin Bank Gold Loan.
✅ How can I get a Gold Loan from Vananchal Gramin Bank?
- Fill in your required information in the gold loan form available on Dialabank.
- Our trained Relationship Manager will help you find the best offers in 2021.
- We will suggest you the loan according to your eligibility.
- Kindly visit the nearest assigned branch by the manager.
- Get the loan in your accounts instantly.
✅ How much Gold Loan can I get per gram in Vananchal Gramin Bank?
Per gram gold loan rates in Vananchal Gramin Bank varies according to the purity of your gold and the current prevailing market rates. ₹ 3,800 to ₹ 4,350 based on the purity of gold is the amount you can get.
✅ What is the Gold Loan interest rate in Vananchal Gramin Bank?
Vananchal Gramin Bank Gold Loan interest rates can be as low as 7.25% per annum per annum depending on the amount and the purpose of your loan. They also charge some documentation, valuation, and processing fee from the applicant.
✅ How to calculate Gold Loan Interest in Vananchal Gramin Bank?
You can easily calculate the interest rates on gold loan in Vananchal Gramin Bank by subtracting the principal amount from the total sum to be paid.
✅ What is maximum loan amount I can avail on Gold Loan from Vananchal Gramin Bank?
You can get a maximum amount of Rs 1 crore on a Vananchal Gramin Bank Gold Loan as the bank offers around 75% of the gold ornaments’ market value.
✅ How much is Processing Fee applicable on Vananchal Gramin Bank Gold Loan?
No processing fee is charged on the loan amount.
✅ How to pay Vananchal Gramin Bank Gold Loan Interest online?
For Vananchal Gramin Bank account holders, online payments can be made through the bank’s online portal or mobile application via net banking, debit cards or mobile wallets such as Paytm.
✅ What if I cannot pay the interest on Vananchal Gramin Bank Gold Loan for 3 months?
If someone defaults on the payments of Vananchal Gramin Bank Gold Loan interest for 3 months, a penalty fee will be charged by Vananchal Gramin Bank. Many defaults can lead to the bank selling off your gold jewellery.
✅ How can I apply for EMI Moratorium on Vananchal Gramin Bank Gold Loan?
You can apply for EMI Moratorium on Vananchal Gramin Bank Gold loan online by logging in to the bank’s portal with your credentials or by personally visiting the main branch. The moratorium request should be submitted at least five working days before the due date of your EMI.
✅What is an overdraft scheme for Vananchal Gramin Bank Gold Loan?
Vananchal Gramin Bank offers an Overdraft Scheme. In the Overdraft office, the bank charges are paid on the amount used.
✅What is the customer care number for Vananchal Gramin Bank Gold Loan?
Vananchal Gramin Bank Gold Loan customer care number is 9878981144 .
✅What is the foreclosure procedure for Vananchal Gramin Bank Gold Loan?
Vananchal Gramin Bank charged 0.50% of loan amount as Foreclosure.
✅What is the Vananchal Gramin Bank Gold Loan closure procedure?
The Gold loan will automatically close after the payment is done in full.
✅ What is Vananchal Gramin Bank Gold Loan Preclosure charges?
The Bank preclosure charges are 2%+GST (Within 3 Months), 0 (After 3 months)
✅ What is the maximum gold loan tenure?
The maximum gold loan tenure is 36 months.
✅ What is the minimum gold loan tenure?
The minimum gold loan tenure is 6 months.
