Gramin Bank of Aryavart Gold Loan
Gramin Bank of Aryavart is a regional rural bank that was established in Uttar Pradesh in the year 2013. The bank was formed after the merger of Aryavart Kshetriya Gramin Bank and Shreyas Gramin Bank. The bank has 706 branches in the entire state of Uttar Pradesh. There are also 12 regional branches of this bank that provide different financial services like Home Loan, Gold Loan, Personal Loan and etc.
Gold Loan which is also known as Loan against Gold is a financial service in which the customers simply submit their gold ornaments as security in the bank in exchange for funds. As soon as the borrower repays the loan amount with the interest their gold is returned back to them.
Gramin Bank of Aryavart Gold Loan Key Features
|Gramin Bank of Aryavart Gold Loan Interest Rate||Starting 5.88% per annum|
|Gramin Bank of Aryavart Gold Loan Rate Per Gram||Rate Per Gram Today is ₹ 2,900 to ₹ 3,450|
|Gramin Bank of Aryavart Gold Requirement||Minimum 18 Carat|
|Gramin Bank of Aryavart Gold Loan Processing Fee||1% of the Principal Loan Amount|
|Gramin Bank of Aryavart Maximum Loan Amount||Up to Rs. 1 Crore|
|Gramin Bank of Aryavart Minimum Loan Amount||90% LTV on Your Gold Market Price|
|Gramin Bank of Aryavart Prepayment Charges||2%+GST (Within 3 Months), 0 (After 3 months)|
|Gramin Bank of Aryavart Repayment Tenure||6 Months to 36 Months|
|Gramin Bank of Aryavart Gold Loan Schemes||Bullet Payment Scheme, EMI Scheme|
Gramin Bank of Aryavart Gold Loan Interest Rate
- The Gold Loan Interest Rate starts at 5.88% per annum
- The pre-closure charges are between 0% to 2%.
Gramin Bank of Aryavart Gold Loan Eligibility
- The gold should be in the name of the applicant or family member.
- The applicant should be a resident of India.
- The age should be between 18-70 years.
Gramin Bank of Aryavart Gold Loan at Home
Gold Loan at Home is a doorstep loan service that allows you to borrow money from the convenience of your own home. The service is rapid, flexible, and cost-effective because interest rates are low. You may use the gold loan calculator to calculate 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.
One of our representatives will contact you and arrive at your home within 30 minutes. The appropriate gold loan amount will be paid immediately to your bank account when all e-documentation and gold identification is completed at your home.
The benefits of getting a gold loan at your doorsteps are:
- Diverse Range of Gold Loan Schemes
- Your Gold will just be released the same day.
- You can get free insurance for your Gold
- There are no hidden fees.
- You will get the maximum value of your Gold
- Service at Your Door in 30 Minutes
Documents for Gramin Bank of Aryavart Gold Loan
- Applicant’s Identity Proof: Voter ID / Ration card / Aadhar card / Driving License / Valid Passport
- Signature Proof: Passport Copy / Driving License / Banker’s Verification / Cheque
- Residence Proof: Telephone Bill / Electricity Bill / Rental bill / Trade license / Shop & Est. License / Sales Tax certificate.
- Documents required for the farmers are namely: Land Proof and Income proof
- Other: Two passport-sized coloured photographs.
Advantages of Gramin Bank of Aryavart Gold Loan
- Minimal Documentation
- Your credit score does not matter
- Negligible cost of processing
- A flexible period of the loan is offered
- The safety of ornaments is the responsibility of the bank
- Gramin Bank of Aryavat charges up to 0.50% of the principal amount as Foreclosure charges
How to Apply for Gramin Bank of Aryavart Gold Loan?
- Visit our fb page
- Fill the Gold Loan form.
- Wait for our relationship manager to contact and assist you.
Uses of Gramin Bank of Aryavart Bank Gold Loan
- To finance personal expenses
- Paying for Education
- Purchase of high – costing equipment
- Finance business needs like buying inventory, plant etc.
- Expansion of Business
- Loan for agricultural purposes.
Gramin Bank of Aryavart Agricultural Jewel Loan Scheme
|Scheme||Agricultural Jewel Loan Scheme|
|Interest Rate||Starting at 5.88% per annum|
|Least amount of Loan||Depends on the value of jewel|
|Loan period||Adjustment of advance sum inside 2 months from the date of reap of yields|
Benefits of Gramin Bank of Aryavart Agricultural Jewel Loan Scheme
- For 0.30% of the loan amount, a Minimum of ₹ 300 is charged ranging from more than ₹25,000 – less than ₹ 5 lakh
- 0.28% of the credit sum, subject to at least Rs.1,500 applicable on more than Rs.5 lakh and less than Rs.1 crore
Gramin Bank of Aryavart Gold Loan Overdraft Scheme
In Gramin Bank of Aryavart Gold loan, the loan amount is provided as a Credit Card, and the Gold Loan Amount can be spent according to the borrower. The overall loan amount has a Credit/Loan Limit.
FAQs About Gramin Bank of Aryavart Gold Loan
How much Gold Loan can I get per gram in Gramin Bank of Aryavart?
The Gold Loan Per Gram rates in Gramin Bank of Aryavart varies depending on the purity of your Gold and the price of the gold prevailing in the market.
What is Gramin Bank of Aryavart Gold Loan?
Gramin Bank of Aryavart gives the facility of Gold Loan at a competitive rate of interest for fulfilling the emergency requirement of funds of the borrower. The bank provides convenient methods for repayment and the facility of renewal as well.
What is the Gold Loan interest rate in Gramin Bank of Aryavart?
The rate of Interest charged by the bank on Loan against Gold depends upon the amount of the loan that is to be borrowed. The rate of interest starts at 5.88% per annum. The bank also charges low processing fees.
How to pay Gramin Bank of Aryavart Gold Loan online?
You can repay the Gold Loan using various methods provided by the bank. For more information on this, you need to visit the nearest bank branch or call on the customer care number.
How to apply for Gold Loan in Gramin Bank of Aryavart?
Applying for the loan from Gramin Bank of Aryavart is a hassle-free process and requires minimal documentation You just need to visit the branch of the bank and fill a form or you can apply for it online through Dialabank’s digital platform to avail yourself the best offers on Gold Loan.
✅ How to renew Gramin Bank of Aryavart Gold Loan online?
You need to carry all loan-related documents with you and you might be asked to fill a form for renewal as well. Renewal can be done by visiting the bank and getting the gold revalued at new market prices.
How to take Gold Loan from Gramin Bank of Aryavart?
Taking Gold Loan from Gramin Bank of Aryavart is a quick process. You just need to be eligible for the loan and apply for it by visiting the branch or online through Dialabank. The bank gives quick approval and disbursement after the evaluation of gold.
What is a Gold Loan in Gramin Bank of Aryavart?
Gramin Bank of Aryavart provides loans against gold as security for fulfilling the urgent requirement of funds of the borrowers. The bank gives loans at an attractive rate of interest and can be used for personal or business use.
How to get Gramin Bank of Aryavart Gold Loan?
Just apply for the loan by visiting the nearest branch of the bank or through Dialabank.com.
- Go to the branch.
- Get your gold evaluated.
- Accept the offer made by the banker.
- Get quick disbursement of funds.
How to check Gramin Bank of Aryavart Gold Loan status?
Checking the status of your loan application can be done by visiting the home branch and contacting the loan officer associated with your file or call on the toll-free helpline number.
How to close Gramin Bank of Aryavart Gold Loan?
Closure of the loan takes place once you have paid the total amount that was due for your loan. The bank releases the gold after realising the value completely and also gives you a No Dues Certificate.
How to renew Gramin Bank of Aryavart Gold Loan?
The gold kept as security has to be released and has to be revalued according to the new market prices of gold. New terms are formed and if agreed upon renews the loan. You just need to visit the bank with all loan-related documents and contact the loan officer.
What happens if someone defaults Gramin Bank of Aryavart Gold Loan?
If someone defaults payment for the Gold Loan from Gramin Bank of Aryavart the bank has the authority to auction the gold for the recovery of the amount if the amount is not paid. The bank also charges a penalty fee for the same.
How many branches of Gramin Bank of Aryavart Gold Loan?
The Gramin Bank of Aryavart is operating in 15 districts with a network of 706 Branches & 12 Regional Offices.
What is the Overdraft Scheme for Gramin Bank of Aryavart Gold Loan?
The Bank’s Overdraft Scheme has a Credit/Loan Limit. The Gramin Bank of Aryavart interest on the amount withdrawn/utilized.
What is the Gramin Bank of Aryavart Gold Loan closure procedure?
The Gold loan will close after the complete payment of the loan amount is done.
What is the Gramin Bank of Aryavart customer care number?
is the customer care number
✅ What is Gramin Bank of Aryavart 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.
What is the foreclosure procedure for Gramin Bank of Aryavart Gold Loan?
Gramin Bank of Aryavart empowers a borrower to 0.50% of the principal amount in case of a Gold Loan per gram Foreclosure.