Saptagiri Grameena Bank Gold Loan Key Features – Apply Now!
Saptagiri Grameena Bank Gold Loan Interest Rate | 7.10% per annum |
Saptagiri Grameena Bank Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,255 |
Saptagiri Grameena Bank Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
Saptagiri Grameena Bank Gold Loan Processing Fee | 1.50% of the Principal Loan Amount |
Saptagiri Grameena Bank Gold Loan Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
Saptagiri Grameena Bank Gold Loan Repayment Tenure | 3 Months to 24 Months |
Saptagiri Grameena Bank Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of Saptagiri Grameena Bank Gold Loan:
- Fast Processing: The approval and disbursal process of the Saptagiri Grameena Bank Gold Loan is very rapid and smooth. The loan gets passed in an hour.
- Minimal Documentation: The documentation process is simple and easy, the minimum documents are required for confirmation of the Saptagiri Grameena Bank gold loan.
- Transparent System: No hidden charges are applied by us on the loan, the bank aims at a clear and direct system.
- Loan Amount: The maximum loan amount available to customers is Rs. 15000. and lessens to Rs. 10000 in remote areas.
- Security of Jewelry: We are totally responsible for the security of your gold. Thus, your gold is kept in fire-resistant vaults.
- Loan Tenure: The loan tenure of the gold loan in Saptagiri Grameena Bank can be from 3 months to 2 years. You can decide the tenure according to your suitability.
- Benefits for Farmers: Farmers are given some notable offers along with low-interest rates to make money for achieving the targets.
- No Debt Burden: The Saptagiri Grameena Bank is going to keep the gold in its custody instead of putting debt charges on the applicant if they are unable to repay the amount on time
- No Income bounds: Salary restrictions will not come in the way when the applicant wants to apply for a gold loan in Saptagiri Grameena Bank.
How Much Gold Loan can I Get through Saptagiri Grameena Bank Gold Loan:
Saptagiri 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 |
Saptagiri Grameena Bank Gold Loan Eligibility:
Age |
18-70 years of age |
Nationality |
Indian |
Employment Status |
Salaried, Self-Employed |
Gold Quality |
Minimum 18 Carats |
Saptagiri 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) |
Saptagiri 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 Saptagiri Grameena Bank Gold Loan:
Dealing with a lot of financial problems in one go seems impossible thus, the Saptagiri Grameena Bank Gold Loan brings you with some special financing services that will hand you the huge amount of notes against the gold. The bank offers its customers outstanding banking assistance as it the most esteemed financial company.
- Saptagiri Grameena Bank Gold Loan Interest Rate is 7.10% per annum
- Saptagiri Grameena Bank Gold Loan Per Gram is ₹ 5,255
- Saptagiri Grameena Bank Gold Loan Tenure: Up to 24 months
- Saptagiri Grameena Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of Saptagiri Grameena Bank Gold Loan:
- Loan Against Gold – Saptagiri Grameena Bank ease the loaning process as it avails the gold loan at appealing interest rates in comparison to other kinds of loans, thusly, the bank finds no danger in distributing the money to the applicants at shallow banking rate.
- Loan Against Gold for Agriculture – Saptagiri Grameena Bank provides Gold Loans for agriculture purposes at a low-interest rate to the ranchers counting to the extraordinary offers when compared with other loans. The applicant needs to provide property proof to the bank.
Saptagiri 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 Saptagiri Grameena Bank Gold Loan EMI?
- Standing Instruction (SI): Standing Instruction is the best and most accountable method of compensation if you are currently an account holder with Saptagiri Grameena Bank, Monthly, your EMI amount is credited automatically from the Saptagiri Grameena Bank bank account you show.
- Electronic Clearing Service (ECS): This method of payment is applicable if you have a non-Saptagiri Grameena Bank record and might want your EMIs to be debited, therefore, from the account you mention.
- Post-Dated Checks (PDC): You can reveal your post-dated EMI reports from a non-Saptagiri Grameena Bank financial statement at your nearest Saptagiri Grameena Bank loan Center. Present your new version of PDCs on time.
Saptagiri Grameena Bank Gold Loan Contact Number:
Call 9878981144 and take instant help regarding Saptagiri Grameena Bank and get to know various effective offers.
Gold Ornaments Accepted by Saptagiri Grameena Bank:
- Gold ornaments- For instance, Gold Bangles, Gold bands, Gold anklets, Gold necklaces, etc. all of these ornaments are acquired by Saptagiri Grameena Bank for availing a Gold Loan.
- Quality: The quality of gold should be within 18 Carat to 22 Carat.
Use of Saptagiri Grameena Bank Gold Loan:
- You might need the money for accomplishing the set targets to make your business grow.
- Funding the short-term and long-term requirements like climbing, traveling, and education loans, medical fees respectively.
- Furthermore, the amount can be utilized for farming associated work.
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 Saptagiri Grameena Bank Gold Loan:
-
What is Saptagiri Grameena Bank Gold Loan?
Saptagiri Grameena Bank Gold Loan is a loan type that you can avail for urgent financial help by keeping your gold as security with the bank. It also comes with engaging interest rates.
-
How can I get the Gold Loan from Saptagiri Grameena Bank?
You can get a Saptagiri Grameena Bank Gold Loan by visiting any of the gold loan approving branches in India otherwise you can apply online with MagicLoans from the solace of your home.
-
What is the Gold Loan Interest Rate in Saptagiri Grameena Bank?
The Gold Loan rate in Saptagiri Grameena Bank is 7.10% per annum.
-
How much Gold Loan can I get per gram in Saptagiri Grameena Bank?
The per gram Gold Loan in Saptagiri Grameena Bank is ₹ 5,255 Per Gram.
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How to check Gold Loan status in Saptagiri Grameena Bank?
Revise your Saptagiri Grameena Bank Gold Loan status, just visit the Saptagiri Grameena Bank loan status tracker web page and fill in your details within the application given.
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How to calculate Gold Loan Interest in Saptagiri Grameena Bank?
Calculate the interest on your Saptagiri Grameena Bank Gold Loan interest using the EMI Calculator which gives you accurate figures based on the data you mentioned in the calculator.
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How to Pay Saptagiri Grameena Bank Gold Loan Interest Online?
You can quickly pay Saptagiri Grameena Bank Gold Loan interest online through internet banking on the official Saptagiri Grameena Bank loan repayment website or by choice; you can likewise repay your Yes Bank Gold Loan on Paytm.
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What if I can’t pay the interest on Saptagiri Grameena Bank Gold Loan for 3 months?
If you are not paying the amount back to Saptagiri Grameena Bank Gold Loan within 3 months, the bank will first caution you of your pending dues. If the payment request has not been listened to, a legal notice is given about the repayment and closure of the loan. You will find susceptible to face legal actions by the bank together with the confiscation of your gold.
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How can I apply for EMI Moratorium on Saptagiri Grameena Bank Gold Loan?
You can very easily apply for EMI Moratorium on Saptagiri Grameena Bank Gold Loan currently between the 1st March and 31st August 2020 and complete it by contacting the Bank customer care or visiting the closest Saptagiri Grameena Bank branch.