Yes Bank Gold Loan Key Features – Apply Now!
| Yes Bank Gold Loan Interest Rate | 7.10% per annum |
| Yes Bank Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,255 |
| Yes Bank Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
| Yes Bank Gold Loan Processing Fee | 1.50% of the Principal Loan Amount |
| Yes Bank Gold Loan Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
| Yes Bank Gold Loan Repayment Tenure | 3 Months to 24 Months |
| Yes Bank Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of Yes Bank Gold Loan:
- Quick Processing: The consent and disposition of the credit in Yes Bank are hurried and basic. The loan reached in an hour.
- Minimal Documentation: The entire paper related work is minimum, only vital documents are needed.
- Transparent System: The Yes Bank focuses on a transparent scheme; no hidden charges are counted.
- Loan Amount: The utmost value of loan given is Rs. 15000 and it decreases to Rs. 10000 in rural living areas.
- Security of Jewelry: Yes Bank takes the complete responsibility of protecting the gold from the fir-catching vaults.
- Loan Tenure: The loan tenure of the gold loan in Yes Bank is from 3 months to 2 years. You can determine the period according to your comfort.
- Advantages for Farmers: Prevailing some special benefits to the cultivators is a profitable service given by the Yes Bank.
- No Debt Trouble: Debt charges are not attached to the applicants who are unable to refund the amount.
- No Income bounds: Loan is availed to the people earning any amount of money. The Yes Bank provides a loan based on the requirements not on the income.
How Much Gold Loan can I Get through Yes Bank Gold Loan:
Yes 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 |
The Yes Bank Gold Loan Eligibility:
Age |
18-70 years of age |
Nationality |
Indian |
Employment Status |
Salaried, Self-Employed |
Gold Quality |
Minimum 18 Carats |
The Yes 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) |
The Yes 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 Yes Bank Gold Loan:
Overcome your financial urgency with Yes Bank Gold Loan. The Yes Bank assures the borrower complete security of their gold assets in exchange for the money given to the loan seeker. The Yes Bank is a private sector banking institution that provides an excellent loan sanctioning serviceability apart from other banking or non-banking companies.
- Yes Bank Gold Loan Interest Rate is 7.10% per annum
- Yes Bank Gold Loan Per Gram is ₹ 5,255
- Yes Bank Gold Loan Tenure: Up to 24 months
- Yes Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of Yes Bank Gold Loan:
The Yes Bank proposes different schemes linked to the Gold Loan product which are given below-
- Loan Against Gold – Yes Bank grants a huge amount of money to the individuals at an appealing banking rate when compared to other types of the loan facility because the Yes Bank Gold Loan aids their clients with high funding but at a lower interest rate.
- Loan Against Gold for Agriculture – Farmers have prevailed with exclusive offers in addition to the minimal interest rate unlike the other loans used for innumerable reasons. Likewise, the farmers should hand the bank some land evidence that tells the reason behind taking a loan.
Yes 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 Yes Bank Gold Loan EMI?
The Yes Bank Gold Loan can be easily reimbursed through the methods given below-
- Standing Instruction (SI): Opting Standing Instruction, if you are currently an account holder with Yes Bank, is a perfect choice. Your EMI amount is credited towards the end of the month to month quantity from the Yes Bank bank account you show.
- Electronic Clearing Service (ECS): This payment technique is usually used if you have a non-Yes Bank record and might want your EMIs to be debited consequently near to the end of the month to month cycle from the recent record.
- Post-Dated Checks (PDC): You can show your post-dated EMI reports from a non-Yes Bank financial statement at your nearest Yes Bank loan Center. A different version of PDCs should be present instantly.
The Yes Bank Gold Loan Contact Number:
Dial 9878981144 to get more information concerning Yes Bank Gold Loan offers and exciting prices.
Gold Ornaments Accepted by Yes Bank :
- Gold Jewelery- For instance, Gold Bangles, Gold bands, Gold anklets, Gold necklaces, etc. all of these ornaments are acquired by Yes Bank for availing a Gold Loan.
- Quality- The quality of gold has to be between 18 Carat to 22 Carat.
Use of Yes Bank Gold Loan:
- You might need the cash for achieving the set targets to make your business grow.
- Funding the interim and lifelong 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 Yes Bank Gold Loan:
-
What is Yes Bank Gold Loan?
The Yes Bank Gold Loan is a loan service against gold for helping financially weak individuals. It also comes with engaging interest rates.
-
How can I get the Gold Loan from Yes Bank?
You can get the Yes Bank Gold Loan by visiting any of the gold loan approving branches in India; otherwise, you can apply online with MagicLoans from your home and take the best deals and offers.
-
What is the Gold Loan Interest Rate in Yes Bank?
The Gold Loan rate in Yes Bank is 7.10% per annum.
-
How much Gold Loan can I get per gram in Yes Bank?
The per gram Gold Loan in Yes Bank is ₹ 5,255 Per Gram.
-
How to check Gold Loan status in Yes Bank?
View your Yes Bank Gold Loan status, just visit the Yes 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 Yes Bank?
Calculate the interest on your Yes Bank Gold Loan interest using the EMI Calculator which gives you exact amounts based on the data you mentioned in the calculator.
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How to Pay Yes Bank Gold Loan Interest Online?
You can quickly pay Yes Bank Gold Loan interest online through internet banking on the official Yes 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 Yes Bank Gold Loan for 3 months?
If you are not refunding your Yes Bank Gold Loan within 3 months, the bank will first caution you of your pending dues. If the payment requests go muted, a legal notice is given about the repayment and closure of the loan. You will be forced 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 Yes Bank Gold Loan?
You can inquire for EMI Moratorium on Yes Bank Gold Loan now between the 1st March and 31st August 2020 and get to be done by contacting the Bank customer care or visiting the closest Yes Bank branch.