Chaitanya Godavari Grameena Bank Gold Loan Key Features
| CGGB Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
| Chaitanya Godavari Grameena Bank Gold Loan Interest Rate | 7.0% per annum |
| Chaitanya Godavari Grameena Bank Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,268 |
| CGGB Gold Processing Fee | 1.50% of the Principal Loan Amount |
| CGGB Gold Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
| CGGB Gold Repayment Tenure | 3 Months to 24 Months |
| CGGB Gold Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of Chaitanya Godavari Grameena Bank Gold Loan
- Quick Process: Chaitanya Godavari Grameena Bank Gold Loan is approval is a very quick and easy process. Within an hour, the loan gets passed.
- Lesser Documents: The documentation process is simple and fewer, important documents are needed for the Chaitanya Godavari Grameena Bank gold loan.
- Transparent System: The bank tries to be fully transparent to the client; which implies, there are not any hidden charges.
- Amount of Loan: The minimum amount of loan that Chaitanya Godavari Grameena Bank provides to the customer is Rs. 15000. Also, It can be lower than Rs 10000 in rural areas.
- Safety of Jewellery: One necessary thing to keep in mind is that the bank is accountable entirely for the safety of your gold. Thus, the gold will be kept safe in fireproof protection.
- Loan Tenure: The tenure of the loan can be within 3 months to 2 years. Henceforth, you can select according to your comfort level.
- Advantages for Farmers: Chaitanya Godavari Grameena Bank gives some extraordinary proposals for agricultural purposes. That is, the bank offers a slight low Gold loan interest rate for agricultural use.
- No Debt Burden: There can be circumstances in which a candidate is unable to repay the loan amount in such a case the applicant will not be under obligations as the bank will only confiscate the ornaments.
- No Income bounds: There are no limitations on the payor income of the applicant; subsequently, anybody with any income rage can apply for a gold loan.
How Much Gold Loan can I Get through Chaitanya Godavari Grameena Bank Gold Loan:
Chaitanya Godavari Grameena Bank Gold Loan Per Gram – Updated September 2020
Updated - Gold Loan Per Gram Rate
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
Chaitanya Godavari Grameena Bank Gold Loan Eligibility:
18-70 years of age Salaried, Self-Employed Minimum 18 Carats
Age
Nationality
Indian
Employment Status
Gold Quality
Chaitanya Godavari 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)
Chaitanya Godavari Grameena Bank Gold Loan Interest Rate, Fees and Charges:
1.50% of the Principal Loan Amount 2%+GST (Within 3 Months), 0 (After 3 months) Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs 2% p.a. + Applicable rate of interest.
Gold Loan Interest Rate
7.00% per annum
Processing Fee
Prepayment/Foreclosure Charges
Valuation Fee
Late Repayment Charges
Renewal Processing Fees
Rs 350 + GST
About Chaitanya Godavari Grameena Bank Gold Loan:
Life is sometimes loaded with vulnerabilities. Hence you may require cash to adapt up to money-related obstacles throughout your life. To conquer this situation, you can get a Gold Loan to battle with the money related emergency. A gold loan is a secured loan. Accordingly, individuals with low CIBIL score can likewise also benefit from this service. Chaitanya Godavari Grameena Bank Gold Loan is outstanding amongst other gold loans in India.
However, there is a ton of money related banking and non-banking organizations that give you a gold advance, yet Chaitanya Godavari Grameena Bank Gold Loan is viewed as the best. It is one of the most presumed and reputed banks in India. Additionally, It is known for its splendid financial administrations.
- Chaitanya Godavari Grameena Bank Gold Loan Interest Rate is 7.0% per annum
- Chaitanya Godavari Grameena Bank Gold Loan Per Gram is ₹ 5,268
- Chaitanya Godavari Grameena Bank Gold Loan Tenure: Up to 24 months
- Chaitanya Godavari Grameena Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of Chaitanya Godavari Grameena Bank Gold Loan:
Chaitanya Godavari Grameena offers various schemes attached to the Gold Loan product which are listed below:
- Loan Against Gold – Chaitanya Godavari Grameena Bank gives Gold Loan at lower interest rates important to satisfy anybody’s desperate need of assets for any reason whether individual or expert. The gold loan is a completely secured loan, the bank has no risk in loaning the sum to the lender so it is given at a lower rate of interest when contrasted with different types of Loan items.
- Loan Against Gold for Agriculture – Chaitanya Godavari Grameena Bank gives Gold Loans explicitly to agricultural purposes to farmers at an uncommon rate of interest when contrasted with gold advances given for different employments. They are given exceptional offers and they have to give the bank land evidence to which they are taking the Loan.
Chaitanya Godavari 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 Chaitanya Godavari Grameena Bank Gold Loan EMI?
Your Chaitanya Godavari Grameena Bank gold loan interest can be repaid in the following three different ways.
- Standing Instruction (SI): If you are currently an account holder in Chaitanya Godavari Grameena Bank, Standing Instruction is the most reliable method of reimbursement. Your EMI amount will be credited automatically towards the month’s end to month time period from the Chaitanya Godavari Grameena Bank account you show.
- Electronic Clearing Service (ECS): This method can be utilized if you have a non-Chaitanya Godavari Grameena Bank account and may require your EMIs to be debited consequently close the end of the month to month cycle from the mentioned account.
- Post-Dated Checks (PDC): You can introduce post-dated EMI analyses from a non-Chaitanya Godavari Grameena Bank statement at your closest Chaitanya Godavari Grameena Bank Loan Center. Another form of PDCs would be presented immediately. It will be great that you note Post Dated Checks will be collected non-ECS states as it were.
Chaitanya Godavari Grameena Bank Gold Loan Contact Number:
Call 9878981144 and get immediate assistance and approval of your Chaitanya Godavari Grameena Bank Gold Loan. You can know the best proposals on Gold Loan available from all the Chaitanya Godavari Grameena Bank branches all through the nation to profit from the best arrangement reasonable to your necessities.
Gold Ornaments Accepted by Chaitanya Godavari Grameena Bank:
- Gold Ornaments such as Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of these are acknowledged by Chaitanya Godavari Grameena Bank for profiting a Gold Loan.
- Quality: The quality of gold ought to be between 18 Carat to 22 Carat. Any gold ornament which is 24 Carat, can’t be utilized for profiting a gold advance.
Use of Chaitanya Godavari Grameena Bank Gold Loan:
The assets gained by profiting the Chaitanya Godavari Grameena Bank Gold Loan administration can be utilized for a few purposes, for example,
- For financing specific speculations, such as marriage, hill climbing, a portion of higher educational cost instalments, and so on.
- For all your marketing necessities, for example, buying new groceries, creating, advertising, and so forth., advance help is accessible.
- You can furthermore benefit from a Gold Loan for agricultural ideas. The bank gives lower costs of interest for Gold Loans that are used for cultivation or related ventures.
Gold Loan Interest Rate of Major Banks
|
Bank |
Interest Rates |
|
7.00% – 14.50% |
|
| 7.00% – 16.10% | |
| Muthoot Finance Gold Loan |
7.00% – 24.00% |
| 7.00% – 17.00% | |
| Manappuram Gold Loan |
7.00% – 26.00% |
| 7.00% – 15.99% | |
| Bank of India Gold Loan |
7.00% – 26.00% |
| 7.00% – 13.50% | |
| IIFL Gold Loan |
7.00% – 12.00% |
| 7.00% – 14.65% | |
|
7.00% – 12.65% |
|
| Allahabad Bank Gold Loan |
7.00% – 10.45% |
| 7.00% – 15.75% | |
| PNB Gold Loan |
7.00% – 11.75% |
| 7.00% – 26% | |
| SBI Gold Loan |
7.00% – 15.99% |
| 7.00% – 15.99% | |
| UCO Bank Gold Loan |
7.00% – 26.00% |
| 7.00% – 13.50% | |
| Syndicate Bank Gold Loan |
7.00% – 12.00% |
FAQs About Chaitanya Godavari Grameena Bank Gold Loan:
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What is Chaitanya Godavari Grameena Bank Gold Loan?
Chaitanya Godavari Grameena Bank Gold Loan is a plan that you can benefit from, by pressing money related assistance by keeping your gold as insurance security with the bank. It additionally accompanies interest rates on Term Loan, Overdraft, and EMI based advance. Normal Gold Loan disbursal time at Chaitanya Godavari Grameena Bank is only 45 minutes.
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How can I get the Gold Loan from Chaitanya Godavari Grameena Bank?
You can get Chaitanya Godavari Grameena Bank Gold Loan by visiting any of the gold loan offering parts of Chaitanya Godavari Grameena Bank or you can apply online with BookMyLoans from the solace of your home and get the best arrangements and offers. Chaitanya Godavari Grameena Bank is one of the main banks in India that gives Gold Loan services.
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What is Gold Loan Interest Rate in Chaitanya Godavari Grameena Bank?
The Gold Loan interest rate in Chaitanya Godavari Grameena Bank is 7.0% per annum. The rate of interest relies on various variables, specifically: loan amount, loan tenure, purity of gold, and relationship with Chaitanya Godavari Grameena Bank.
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How much Gold Loan can I get per gram in Chaitanya Godavari Grameena Bank?
The per gram Gold Loan in Chaitanya Godavari Grameena Bank that you can get relies upon the virtue of your gold. Chaitanya Godavari Grameena Bank acknowledges gold of purity between 18 carats to 22 carats to approve a Gold Loan. You can avail up to ₹ 5,268 Per Gram in Chaitanya Godavari Grameena Bank Gold Loan.
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How to check Gold Loan status in Chaitanya Godavari Grameena Bank?
So as to check your Chaitanya Godavari Grameena Bank Gold Loan status you should simply visit the Chaitanya Godavari Grameena Bank Loan Status Tracker site page and fill in your details in the structure given. You can effortlessly track the status of your credit from anyplace and stay refreshed.
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How to calculate Gold Loan Interest in Chaitanya Godavari Grameena Bank?
You can figure out the interest on your Chaitanya Godavari Grameena Bank Gold Loan utilizing BookMyLoans’ EMI Calculator which gives you precise sums dependent on the data you enter into the calculator.
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How to Pay Chaitanya Godavari Grameena Bank Gold Loan Interest Online?
You can pay Chaitanya Godavari Grameena Bank Gold Loan interest online through net banking on the official Chaitanya Godavari Grameena Bank loan repayment web page or alternatively, you can also repay your Chaitanya Godavari Grameena Bank Gold Loan on Paytm using your favoured instalment strategy.
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What if I cannot pay the interest on Chaitanya Godavari Grameena Bank Gold Loan for 3 months?
On the off chance that you don’t pay your Chaitanya Godavari Grameena Bank Gold Loan for 3 months, the bank will form the start to help you to remember your pending dues. In the event that the instalment demands go unheard, an authority legitimate notification is sent requesting the reimbursement and conclusion of the advance. Defaulting on your Gold Loan brings about an abatement of your financial assessment and furthermore makes you at risk to confront lawful activities by the bank including reallocation and sale of your gold.
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How can I apply for EMI Moratorium on Chaitanya Godavari Grameena Bank Gold Loan?
You can apply for EMI Moratorium on Chaitanya Godavari Grameena Bank Gold Loan now between 1st March and 31st August 2020 and must be finished by reaching the Bank customer care or visiting the closest Chaitanya Godavari Grameena Bank branch.