Andhra Pragathi Grameena Bank Gold Loan Key Features – Apply Now!
Andhra Pragathi Grameena Bank Gold Loan Interest Rate | 7.10% per annum |
Andhra Pragathi Grameena Bank Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,255 |
Andhra Pragathi Grameena Bank Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
Andhra Pragathi Grameena Bank Gold Loan Processing Fee | 1.50% of the Principal Loan Amount |
Andhra Pragathi Grameena Bank Gold Loan Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
Andhra Pragathi Grameena Bank Gold Loan Repayment Tenure | 3 Months to 24 Months |
Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of Andhra Pragathi Grameena Bank Gold Loan:
- Fast Procedure: Your loan is conveniently passed within an hour as the mechanism is fast and smooth.
- Fewer Documents: Necessary documents should be included for the documentation proceeding.
- Transparent System: The Andhra Pragathi Grameena Bank proposes no hidden charges on the clients. It plays a fair and direct role.
- Amount of Loan: Andhra Pragathi Grameena Bank advances Rs. 150000 to its clients and Rs. 10000 to the rustic areas living people.
- Safety of Jewellery: Critically, Andhra Pragathi Grameena Bank has full authorization for the reassurance of the gold jewels obtained by the bank.
- Loan Tenancy: After consulting your happiness, you can apply for a gold loan from 3 months to 2 years.
- Profits for Agriculturalists: Agronomic purposes should be fulfilled and for that the Andhra Pragathi Grameena bank comes up with some special offers for the farmers.
- No Debt Issue: Certain conditions occur when an applicant might not be able to repay the amount; in that instant, the bank will grab their ornaments for a particular time.
- No Income borders: Individual’s income will not decide the criteria for availing a gold loan in Andhra Pragathi Grameena Bank.
How Much Gold Loan can I Get through Andhra Pragathi Grameena Bank Gold Loan?
Andhra Pragathi Grameena Bank Gold Loan Per Gram – Updated September 2020
Updated - Gold Loan Per Gram Rate |
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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 |
Andhra Pragathi Grameena Bank Gold Loan Eligibility:
Age |
18-70 years of age |
Nationality |
Indian |
Employment Status |
Salaried, Self-Employed |
Gold Quality |
Minimum 18 Carats |
Andhra Pragathi 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) |
Andhra Pragathi Grameena Bank Gold Loan Interest Rate, Fees, and Charges:
HDFC 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 Andhra Pragathi Grameena Bank Gold Loan:
Andhra Pragathi Grameena Bank is a regional rural bank in India. It was founded in the year 2006. It expedites the client’s with the gold loan for the fulfillment of their dire needs and wants. The Andhra Pragathi Grameena Bank is the most accounted and stable financing service that provides a gold loan at minimum interest rates.
- Andhra Pragathi Grameena BankGold Loan Interest Rate is 7.10% per annum
- Andhra Pragathi Grameena BankGold Loan Per Gram is ₹ 5,255
- Andhra Pragathi Grameena BankGold Loan Tenure: Up to 24 months
- Andhra Pragathi Grameena BankGold Loan Processing Fee is Up to 1.50% of the principal Loan Amount + GST
Types of Andhra Pragathi Grameena Bank Gold Loan:
- Loan Against Gold – Andhra Pragathi Grameena bank gives high funding at a fascinating borrowing rate to achieve the essential targets and goals set by the individuals. Gold loan differs from other loans for completing different outcomes as it avails loans at a minimum interest rate.
- Loan Against Gold for the Farming industry – Farmers get unbelievable offers by the Andhra Pragathi GrameenaBank to accomplish their farming-related aims. Bank asks for the property proof in which loan seeking purpose is mentioned.
Andhra Pragathi 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 Andhra Pragathi Grameena Gold Loan EMI?
- Standing Instruction (SI): If you are an account holder with Andhra Pragathi Grameena Bank, Standing Instruction is an extremely dependable procedure for the reimbursement. Your EMI will be credited from the Andhra Pragathi Grameena Bank account you show.
- Electronic Clearing Service (ECS): This program is favorable in the incident that you have a non – Andhra Pragathi Grameena Bank and you might need your EMIs to be charged monthly from this account.
- Post-Dated Checks (PDC): You can reveal post-dated EMI research from a non-Andhra Pragathi Grameena Bank account at your nearest Andhra Pragathi Grameena Bank Loan Centre. A new PDCs should be accessible immediately.
Andhra Pragathi Grameena Gold Loan Contact Number
Call 9878981144 for the urgent information concerning Andhra Pragathi Grameena Gold Loan and also the offers or deals that the bank prevails to its customers.
Gold Ornaments Accepted by Andhra Pragathi Grameena:
- Gold Jewellery – Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of these are acceptable by Andhra Pragathi Grameena Bank to take a Gold Loan.
- Quality – The qualitative value of gold must be in between of 18 Carat to 22 Carat.
Use of Andhra Pragathi Grameena Gold Loan:
- To fund any specific accumulation like weddings, climbing, education expenses, etc.
- Beneficial to marketing requirements, such as obtaining fresh supply, developing marketing, etc., loan facility is applicable.
- You can also apply for Gold Loan for agrarian purposes. The Andhra Pragathi Grameena Bank gives minor charges of interest for Gold Loans that are used for agriculture or related plans.
Gold Loan Interest Rate of Major Banks
Bank |
Interest Rates |
7.10% – 14.50% |
|
7.10% – 16.10% | |
Muthoot Finance Gold Loan |
7.10% – 24.00% |
7.10% – 17.10% | |
Manappuram Gold Loan |
7.10% – 26.00% |
7.10% – 15.99% | |
Bank of India Gold Loan |
7.10% – 26.00% |
7.10% – 13.50% | |
IIFL Gold Loan |
7.10% – 12.00% |
7.10% – 14.65% | |
7.10% – 12.65% |
|
Allahabad Bank Gold Loan |
7.10% – 10.45% |
7.10% – 15.75% | |
PNB Gold Loan |
7.10% – 11.75% |
7.10% – 26% | |
SBI Gold Loan |
7.10% – 15.99% |
7.10% – 15.99% | |
UCO Bank Gold Loan |
7.10% – 26.00% |
7.10% – 13.50% | |
Syndicate Bank Gold Loan |
7.10% – 12.00% |
FAQs About Andhra Pragathi Grameena Gold Loan:
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What is Andhra Pragathi Grameena Bank Gold Loan?
Andhra Pragathi Grameena Bank Gold Loan is a loan system that you can apply for financial help by keeping your gold as safety with the bank. Also, it comes with appealing interest rates on Term Loan, Overdraft, and EMI based loan. Customary Gold Loan disbursement time at Andhra Pragathi Grameena Bank is just 45 minutes.
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How can I get the Gold Loan from Andhra Pragathi Grameena?
By visiting any of the gold loan offering branches of Andhra Pragathi Grameena Bank, or by applying online with MagicLoans you can receive the gold loan.
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What is Gold Loan Interest Rate in Andhra Pragathi Grameena Bank?
The Gold Loan interest rate in Andhra Pragathi Grameena Bank is 7.10% per annum.
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How much Gold Loan can I get per gram in Andhra Pragathi Grameena Bank?
The Gold Loan Per gram in Andhra Pragathi Grameena Bank is 5,255 Rs.
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How to check Gold Loan status in Andhra Pragathi Grameena Bank?
Revise the gold status in Andhra Pragathi Grameena Bank by visiting the tracker webpage or lead to the closest branch of Andhra Pragathi Grameena Bank.
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How to calculate Gold Loan Interest in Andhra Pragathi Grameena Bank?
Calculative decisions for interest in Andhra Pragathi Grameena Bank Gold Loan are done by MagicLoans EMI Calculator.
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How to Pay Andhra Pragathi Grameena Gold Loan Interest Online?
Pay Andhra Pragathi Grameena Gold Loan interest online through net banking on the official compensation page of Andhra Pragathi Grameena Bank or else you can choose Paytm for the payments.
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What if I can’t pay the interest on Andhra Pragathi Grameena Gold Loan for 3 months?
If the customers do not pay the amount of interest within 3 months then the bank will address them for the contribution still the negotiation is muted then the bank will take legal action against the customer and will seize the gold.
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How can I apply for EMI Moratorium on Andhra Pragathi Grameena Gold Loan?
You can now apply for an EMI Moratorium on Andhra Pragathi Grameena Bank Gold Loan between 1st March to 31st August 2020, and complete it by communicating the bank’s customer care or by visiting the nearest Andhra Pragathi Grameena Bank branch.