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Janalakshmi Small Finance Bank Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Janalakshmi Small Finance Bank Gold Loan Key Features

Janalakshmi Small Finance Bank Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Janalakshmi Small Finance Bank Gold Loan Interest Rate 7.0% per annum
Janalakshmi Small Finance Bank Gold Loan Per Gram Rate Per Gram Today is ₹ 5,268
Janalakshmi Small Finance Bank Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Janalakshmi Small Finance Bank Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Janalakshmi Small Finance Bank Gold Loan Repayment Tenure 3 Months to 24 Months
Janalakshmi Small Finance Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of Janalakshmi Small Finance Bank Gold Loan:

  • Quick Process: Janalakshmi Small Finance Loan is approved and dispensed rapidly and without any issues. The loan gets approved in 60 minutes.
  • Lesser Documentation: The documentation method of this loan is clear and less, necessary reports are required for the Janalakshmi Small Finance gold loan.
  • Explicit System: The bank gives its best to show full transparency to the client; that is, there are no concealed charges from you.
  • Amount of Loan: The minimum base measure of loan that Janalakshmi Small Finance gives to its client is Rs. 15000. Likewise, It can not be more than Rs 10000 in rural zones.
  • Safety and security of Jewelry: One remarkable thing to note is that the bank is reliable altogether for the security of your gold. Accordingly, the gold is kept in a fire-resistant vault.
  • Loan Tenure: The tenure of the loan can range from 3 months to 2 years. Henceforth, you can settle on a decision as per your comfort.
  • Benefits for Farmers: Janalakshmi Small Finance provides some extraordinary proposals for agricultural usage. That is, the bank offers a somewhat lower Gold loan interest rate for agricultural use.
  • No Burden of Debt: There can be circumstances in which an applicant is not able to repay the loan amount, in such a scenario the lender will not be under any obligation as the bank will only confiscate the gold jewellery.
  • No Income Restrictions: There are no restrictions on the payor income of the lender, henceforth, anybody with any pay range can avail a gold loan

How Much Gold Loan can I Get through Janalakshmi Small Finance Bank Gold Loan:

Janalakshmi Small Finance 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

Janalakshmi Small Finance Bank Gold Loan Eligibility:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

Janalakshmi Small Finance BankGold 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)

Janalakshmi Small Finance Bank Gold Loan Interest Rate, Fees and Charges:

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 Janalakshmi Small Finance Bank Gold Loan:

When faced with shortcomings, you may anticipate that you may need cash to alter up to money related blocks. To overcome this situation, you can get a Gold Loan to battle with the money related emergency. A gold loan is a completely secured loan. As need be the individuals with low CIBIL scores can also moreover benefit from this organization. Janalakshmi Small Finance Bank Gold Loan is unprecedented among other gold credits in India.

In any case, there is a gigantic measure of money related banking and non-banking affiliations that give you a gold advance, yet Janalakshmi Small Finance Bank Gold Loan is viewed as the best. It is one of the most accepted and presumed banks in India. Also, It is known for its astounding money related associations.

  • Janalakshmi Small Finance Bank Gold Loan Interest Rate is 7.0% per annum
  • Janalakshmi Small Finance Bank Gold Loan Per Gram is ₹ 5,268
  • Janalakshmi Small Finance Bank Gold Loan Tenure: Up to 24 months
  • Janalakshmi Small Finance Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Janalakshmi Small Finance Bank Gold Loan:

  • Loan Against Gold – Janalakshmi Small Finance Bank provides Gold Loan at engaging rates of interest to meet anyone’s dire requirement of funds for any purpose whether or not personal or skilled. The gold loan could be a totally secured style of loans and so, the bank has no risk in loaning the sum to the lender, therefore, it’s provided at a lower rate of interest when put next to different sorts of Loan merchandise.
  • Loan Against Gold for Agriculture – Janalakshmi Small Finance Bank provides Gold Loans specifically for agriculture functions to farmers at a special rate of interest as compared to gold loans given for different uses. they’re given special offers and they have to supply the bank Land proofs that they are taking the Loan for.

Janalakshmi Small Finance Bank 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 Janalakshmi Small Finance Bank Gold Loan EMI?

Your Janalakshmi Small Finance Bank gold advance will be reimbursed within the following 3 other ways.

  • Standing Instruction (SI): If you’re an account holder with Janalakshmi Small Finance Bank, Standing Instruction is the most dependable methodology of compensation. Your EMI amount is credited mechanically towards the ending of the month to month amount from the Janalakshmi Small Finance Bank account you show.
  • Electronic Clearing Service (ECS): This program will be applied if you’ve got a non-Janalakshmi Small Finance Bank record and would possibly like your EMIs to be debited consequently close to the top of the month to month cycle from this account.
  • Post-Dated Checks (PDC): you’ll show post-dated EMI analyses from a non-Janalakshmi Small Finance Bank statement at your nearest Janalakshmi Small Finance Bank loan Center. A brand new version of PDCs ought to be given directly. It’ll be good if you note Post Dated Checks are collected non-ECS states because it was.

Janalakshmi Small Finance Bank Gold Loan Contact Number:

Call 9878981144 and acquire instant facilitate and approval for your Janalakshmi Small Finance Bank Gold Loan. you’ll be able to apprehend the most effective offers on Gold Loan out there from all the Janalakshmi Small Finance Bank Branches throughout the country to avail the most effective deal appropriate to your wants.

Gold Ornaments Accepted by Janalakshmi Small Finance Bank:

  • Gold jewellery like Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of those are accepted by Janalakshmi Small Finance Bank for availing a Gold Loan.
  • Quality: the standard of gold ought to be between 18 Carat to 22 Carat. Any gold ornament that is 24 Carat, can’t be used for availing a gold loan.

Use of Janalakshmi Small Finance Bank Gold Loan:

The funds obtained by availing the Janalakshmi Small Finance Bank Gold Loan service is used for many functions such as:

  • To fund any explicit investments like matrimony, hiking, instalment of upper tuition payments, etc.
  • For all of your selling necessities, like getting a recent offer, developing selling, etc., loan service is offered.
  • You can furthermore avail of a Gold Loan for agriculture ideas. The bank provides lower costs of interest for Gold Loans that are utilized for farming or connected comes.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.00% – 14.50%

ICICI Gold Loan

7.00% – 16.10%
Muthoot Finance Gold Loan

7.00% – 24.00%

Axis Bank Gold Loan

7.00% – 17.00%
Manappuram Gold Loan

7.00% – 26.00%

Yes Bank Gold Loan

7.00% – 15.99%
Bank of India Gold Loan

7.00% – 26.00%

Federal Bank Gold Loan 

7.00% – 13.50%
IIFL Gold Loan

7.00% – 12.00%

Central Bank of India Gold Loan

7.00% – 14.65%

Canara Bank Gold Loan

7.00% – 12.65%

Allahabad Bank Gold Loan

7.00% – 10.45%

Induslnd Bank Gold Loan

7.00% – 15.75%
PNB Gold Loan

7.00% – 11.75%

Bajaj Finance Gold Loan

7.00% – 26%
SBI Gold Loan

7.00% – 15.99%

Indian Bank Gold Loan

7.00% – 15.99%
UCO Bank Gold Loan

7.00% – 26.00%

Kotak Mahindra Bank Gold Loan

7.00% – 13.50%
Syndicate Bank Gold Loan

7.00% – 12.00%

 

FAQs About Janalakshmi Small Finance Bank Gold Loan:

  • What is Janalakshmi Small Finance Bank Gold Loan?

Janalakshmi Small Finance Bank Gold Loan is a loan theme that you can simply avail for pressing financial crisis by keeping your gold as collateral security with the bank. It conjointly comes with engaging interest rates on Term Loan, Overdraft, and EMI primarily based loan. Average Gold Loan disbursal time at Janalakshmi Small Finance Bank is simply forty-five minutes.

  • How can I get the Gold Loan from Janalakshmi Small Finance Bank?

You will get Janalakshmi Small Finance Bank Gold Loan by visiting any of the gold loan giving branches of Janalakshmi Small Finance Bank otherwise you can apply online with BookMyLoans from the comfort of your home and obtain the best deals and offers. Janalakshmi Small Finance Bank is one of all the leading banks India that has Gold Loan service.

  • What is Gold Loan Interest Rate in Janalakshmi Small Finance Bank?

The Gold Loan rate of interest in Janalakshmi Small Finance Bank is 7.0% every year. The rate of interest depends upon a variety of things, namely: loan quantity, loan tenure, purity of gold, and relationship with Janalakshmi Small Finance Bank

  • How much Gold Loan can I get per gram in Janalakshmi Small Finance Bank?

The per gram Gold Loan in Janalakshmi Small Finance Bank that you get depends on the purity of your gold. Janalakshmi Small Finance Bank accepts gold of purity between eighteen carats to twenty-two carats to produce a Gold Loan. You’ll be able to avail up to ₹ 5,268 Per Gram in Janalakshmi Small Finance Bank Gold Loan

  • How to check Gold Loan status in Janalakshmi Small Finance Bank?

In order to examine your Janalakshmi Small Finance Bank Gold Loan status, all you would like to do is visit the Janalakshmi Small Finance Bank loan status tracker online page and fill in your details within the form given. You’ll be able to simply track your loan status from anyplace and keep updated.

  • How to calculate Gold Loan Interest in Janalakshmi Small Finance Bank?

You can calculate the interest on your Janalakshmi Small Finance Bank Gold Loan using BookMyLoans’ EMI Calculator which provides you correct amounts supported on the data you enter into the calculator.

  • How to Pay Janalakshmi Small Finance Bank Gold Loan Interest Online?

You can pay Janalakshmi Small Finance Gold Loan interest online through web banking on the official Janalakshmi Small Finance loan reimbursement web page or as an alternative, you can conjointly repay your Janalakshmi Small Finance Bank Gold Loan on Paytm using your most popular payment methodology.

  • What if I can’t pay the interest on Janalakshmi Small Finance Bank Gold Loan for 3 months?

If you do not pay your Janalakshmi Small Finance Gold Loan for three months, the bank can initially prompt you of your unfinished dues. If the payment requests go unhearable, a legal notice is shipped regarding the reimbursement and closure of the loan. Defaulting on your Gold Loan leads to a decrease of your credit score and conjointly causes you to prone to face legal actions by the bank as well as arrogation and auction of your gold.

  • How can I apply for EMI Moratorium on Janalakshmi Small Finance Bank Gold Loan?

You can apply for EMI Moratorium on Janalakshmi Small Finance Gold Loan currently between first March and thirty-first August 2020 and has got to be done by contacting the Bank client care or visiting the nearest Janalakshmi Small Finance branch.

 

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