Oriental Bank of Commerce Gold Loan

Oriental Bank of Commerce Gold Loan Key Features – Apply Now!

Advantages of Oriental Bank of Commerce Gold Loan

• Fast Process: Oriental Bank of Commerce Gold Loan gets approved and payout quickly. The loan is within an hour.
• Minimal Documents: For Oriental Bank of Commerce Gold Loan document method is simple and solely essential documents area unit needed
• Transparent System: Complete clarity is provided to the customer; there aren’t any hidden charges.
• Amount of Loan: The smallest amount of loan provided to the client is Rs. 15000. In rural areas, the smallest amount may also be but Rs 10,000.
• Safety of Jewellery: Oriental Bank of Commerce is in control of the safety of your gold. Thus, gold is given fireproof protection.
• Loan Tenure: The loan is granted for the length from 3 months to 2 years.
• Benefits for Farmers: Oriental Bank of Commerce prevails some special offers for agricultural functions.Low Gold Loan rate for agricultural uses square measure provided.
• No Debt Burden: If in any scenario the mortal isn’t able to pay the loan quantity, the mortal won’t be beneath debts.
• No financial gain bounds: there are not any restrictions on the wage of the mortal. Hence, candidates with any financial gain level will avail a gold loan.

How much Gold Loan can I Get through Oriental Bank of Commerce Gold Loan

Oriental Bank of Commerce Gold Loan Per Gram – Updated September 2020

Contact us on 9878981144 to avail the Best Deals and Offers on Oriental Bank of Commerce Gold Loan Per Gram.

Oriental Bank of Commerce Gold Loan Eligibility 

Oriental Bank of Commerce Gold Loan Documents Required

While Oriental Bank of Commerce Gold Loan token documentation is needed to access to the gold loan, following area unit the list of essential documents that area unit required:

Oriental Bank of Commerce Gold Loan Interest Rate, Fees and Charges

Gold as security is accessible at a low-interest rate as a result of it’s underneath the class of secured loans. Therefore, the Gold Loan interest rates are inferior to it of the private loan or the other variety of loans. The Gold Loan rate keeps on neutering time to time still as person to person.

About Oriental Bank of Commerce Gold Loan

Uncertainties are a part of life. Thus, to tackle all the money hurdles in your life, we tend to all want cash. Where Gold Loan plays a significant role to fight with the cash crisis, people with low CIBIL score might have fast access to the current service. Oriental Bank of Commerce Gold Loan is one in all the most direct Gold Loans in India.

Despite, there are several financial banking and non-banking companies that avail the gold loan, but Oriental Bank of Commerce Gold Loan is considered the best. Oriental Bank of Commerce is well-known for its excellent money services because it is one in all the foremost supposed and dependable banks in India.

• Oriental Bank of Commerce Gold Loan Interest Rate is 7.10% per annum.
• Oriental Bank of Commerce Gold Loan Per Gram is ₹ 5,255
• Oriental Bank of Commerce Gold Loan Tenure: Up to 24 months
• Oriental Bank of Commerce Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Oriental Bank of Commerce Gold Loan

Oriental Bank of Commerce Gold Loan EMI Calculator

How to Pay Your Oriental Bank of Commerce Gold Loan EMI?

Oriental Bank of Commerce Gold Advance can be repaid in the several following ways:

• Standing Instruction (SI): If you are an account holder with Oriental Bank of Commerce currently, then Standing Instructions is the most opted method of compensation. Toward the termination of the month, the EMI amount will be charged from the applicant’s Oriental Bank of Commerce account the applicant shows.
• Electronic Clearing Service (ECS): This theme is for the candidates who have a non-Oriental Bank of Commerce record and also the EMIs got to be debited consequently at the tip.
• Post-Dated Checks (PDC): The individual will gift post-dated EMI examine from the non-Oriental Bank of Commerce statement at your near Oriental Bank of Commerce loan Center. Immediately, the restructure of PDCs ought to be offered. For ideal condition, it’s instructed to note Post Dated Checks which might be collected non-ECS states as a result of it was.

Oriental Bank of Commerce Gold Loan Contact Number

Call at 9878981144 to induce instant to facilitate and approval for your Oriental Bank of Commerce Gold Loan.

Gold Ornaments Accepted by Oriental Bank of Commerce

• Gold Jewellery like Gold Bangles, Gold rings, Gold Lockets, Gold anklets, Gold Necklaces etc. are all accepted by Oriental Bank of Commerce for seeking Gold Loan.
• Quality: the quality of Gold should be from 18 to 22 Carat. Gold Loan is not granted for any ornaments of 24 carats.

Use of Oriental Bank of Commerce Gold Loan

The fund that is obtained by Oriental Bank of Commerce Gold Loan services can be used for several purposes:

• Fund for any direct investments like hiking, matrimony, instalment of upper tuition payments, etc.
• Loan services square measure obtainable for promoting needs like getting contemporary provide, developing promoting, etc.
• Additional Gold Loan also can be availed for horizontal ideas. The bank provides a lower rate of interest for Gold Loans that are available for farming or farming-related projects.

Gold Loan Interest Rate of Major Banks

FAQs About Oriental Bank of Commerce Gold Loan

• What is Oriental Bank of Commerce Gold Loan?

Oriental Bank of Commerce Gold Loan could also be a loan theme where you may access for any emergency financial facilitate by keeping your gold as a guarantee with the bank. It comes with collaborating interest rates on Term Loan, the order of payment and EMI based loan. Average Gold Loan disbursal time is solely 45 minutes.

• How can I get the Gold Loan from the Oriental Bank of Commerce? 

You can access Oriental Bank of Commerce Gold Loan by being to any near Gold Loan giving branch. Even you’ll be able to access to Gold Loan on-line with Magicloans from anyplace and find the most effective deals and offers.

• What is Gold Loan Interest Rate in Oriental Bank of Commerce?

The Gold Loan rate of interest in Oriental Bank of Commerce is 7.10% once a year. The speed of interest depends on varied criteria, namely: loan amount, loan tenure, purity of gold etc.

• How much Gold Loan can I get per gram in Oriental Bank of Commerce?

• How to check Gold Loan status in Oriental Bank of Commerce?

To check the standing of Oriental Bank of Commerce Gold Loan, you will be ready to visit the Oriental Bank of Commerce loan hunter. Mention your choices inside the provided application. This could merely assist you in tracing the standing of your loan from anywhere at any time and keeps you updated.

• How to calculate Gold Loan Interest in Oriental Bank of Commerce?

Oriental Bank of Commerce Gold Loan interest is commonly calculated victimization MagicLoans Deal’s EMI Calculator. It provides you with the correct details supported the info the person enters inside the calculator.

• How to Pay Oriental Bank of Commerce Interest Online?

Oriental Bank of Commerce Gold Loan interest will be paid through internet banking method on the official Oriental Bank of Commerce loan reimbursement web content or as an alternative. Another mode Paytm may be accustomed repay Oriental Bank of Commerce Gold Loan or your most popular payment methodology.

• What if I can’t pay the interest on Oriental Bank of Commerce Gold Loan for 3 months?

If the interest isn’t paid back for three months, then ab initio a reminder is given for your unfinished dues. After this, if the payment requests go neglected or invisible, then an official legal notice is shipped, that demands the compensation and closure of the loan. Such defaults on your Gold Loan lands up in Associate in Nursing exceedingly decrease of your credit score and additionally cause you to respond to face legal actions by the bank which can embrace arrogation and auction of your gold.

• How can I apply for EMI Moratorium on Oriental Bank of Commerce Gold Loan?