Karnataka State Co-operative Apex Bank Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Karnataka State Co-operative Apex Bank Gold Loan Key Features

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

Advantages of Karnataka State Co-operative Apex Bank Gold Loan:

  • Fast Pace: Karnataka State Co-operative Apex Bank Gold Loan acquire and acquit the advance in 60 minutes. It is a very quick and smooth process.
  • Fewer Documents: Only necessary documents should be presented to the bank without complicating the process.
  • Transparent System: Clearance of aggregate is a must because the bank does not permit hidden charges.
  • The extent of Loan: The basic figure of giving a loan by Karnataka State Co-operative Apex Bank is Rs. 15000. to the clients that decrease to Rs. 10000. for the clients from provincial areas,
  • Jewellery is Secured: It is the job of Karnataka State Co-operative Apex Bank to keep the ornaments shielded specifically from the flame catching areas.
  • Tenure of Allowance: The period of the allowance is from 3 months to 2 years. The applicant can opt for in line with their suitability.
  • Favourable to Farmers: Karnataka State Co-operative Apex Bank gives profit to the cultivator by lowering the rate of interest.
  • No Debt Burden: Conditions that lead to the economic breakdown of the client can be considerable. Bank will only confiscate the embellishments.
  • No Income bounds: Money lending by the bank is not categorized by income. This service is for everyone who has gold.

How Much Gold Loan can I Get through Karnataka State Co-operative Apex Bank Gold Loan:

Karnataka State Co-operative Apex 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

 

Karnataka State Co-operative Apex Gold Loan Eligibility:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

Karnataka State Co-operative Apex 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)

 

Karnataka State Co-operative Apex 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 Karnataka State Co-operative Apex Bank Gold Loan:

There occur numerous challenges in one’s life, but financial challenges are the ones that stick to us for long. To overcome your economic challenges, you have to apply for a gold loan that gives full surety of your assets and lend you some amount to satisfy your monetary requirements. Karnataka State Co-operative Apex Bank is the recognized funding institute among other banking or non-banking companies. It assists the brilliant services to the clients. Providing loans at a minimal interest rate with more funding can be processed by the Karnataka State Co-operative Apex Bank.

  • Karnataka State Co-operative Apex Bank Gold Loan Interest Rate is 7.0% per annum
  • Karnataka State Co-operative Apex Bank Gold Loan Per Gram is ₹ 5,268
  • Karnataka State Co-operative Apex Bank Gold Loan Tenure: Up to 24 months
  • Karnataka State Co-operative Apex Bank  Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Karnataka State Co-operative Apex Bank Gold Loan:

  • Loan Against Gold – Gold Loan ensures your brilliant services. Karnataka State Co-operative Apex Bank gives loans to the needy individuals who wish for money in exchange for gold. Gold loan is handed over to the clients at a shallow interest rate than the other standardized loan availed. This leaves no complications to the bank in lending them a large amount.
  • Loan Against Gold for Agriculture – Karnataka State Co-operative bank gives an exciting interest rate. Principally, agronomical works are given exceptional offers. Karnataka State Co-operative Bank will provide loans at a low borrowing rate. Likewise, you have to give land proof to the bank.

Karnataka State Co-operative Apex 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 Karnataka State Co-operative Apex Bank Gold Loan EMI?

  • Standing Instruction (SI): If you are a current account holder if Karnataka State Co-operative Apex Bank, Standing Instruction is the perfect method of repayment. Your EMI can get credited from the Karnataka State Co-operative Apex Bank account.
  • Electronic Clearing Service (ECS): This stage is for those who have non-Karnataka State Co-operative Apex bank records, and you aspire your EMI to be debited undoubtedly from your present account.
  • Post-Dated Checks (PDC): Post Dated EMIs should be taken into consideration from non-Karnataka State Co-operative Apex Bank at the Karnataka State Co-operative Apex Bank loan centre located nearby. And your new PCDs capitulation should be on time.

Karnataka State Co-operative Apex Bank Gold Loan Contact Number:

Contact 9878981144 for more questioning of Karnataka Bank Gold Loan and to be in knowledge of various offers and deals regarding the same.

Gold Ornaments Accepted by Karnataka State Co-operative Apex Bank:

  • Gold Jewellery- Bank urge for Gold anklet, Gold rings or Gold Necklace, etc.
  • Quality-  Gold should be undiluted between 18-22 carats. Exceeding the limit should not be admitted to the bank.

Use of Karnataka State Co-operative Apex Gold Loan:

  • Fulfilling the necessities, for instance, Travelling, higher education, etc. needs money. Thus, this can be the best option.
  • Marketing or business deals should be memorized as to accomplish them.
  • Farmers need money for the completion of their agricultural roles.

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 Karnataka State Co-operative Apex Bank Gold Loan:

  • What is Karnataka State Co-operative Apex Gold Loan?

Karnataka State Co-operative Apex Gold Loan provides the needful individual’s fund in exchange for gold jewellery. It is the most compliant bank and gives low rates of interest.

  • How can I get the Gold Loan from Karnataka State Co-operative Apex Bank?

For your convenience, you can visit the online BookMyLoans website for a gold loan. Otherwise, you can go to the nearest Karnataka State Co-operative Apex Bank branch.

  • What is Gold Loan Interest Rate in Karnataka State Co-operative Apex Bank?

The Gold Loan interest rate of Karnataka State Co-operative Apex Bank is 7.0%

  • How much Gold Loan can I get per gram in Karnataka State Co-operative Apex Bank?

You can get Rs. 5,268 Per Gram in Karnataka State Co-operative Apex Bank.

  • How to check Gold Loan status in Karnataka State Co-operative Apex Bank?

By visiting the Karnataka Bank Gold Loan tracker webpage, you can scrutinize your gold loan status consequently. Else, you can visit the nearest branch of Karnataka State Co-operative Apex Bank.

  • How to calculate Gold Loan Interest in Karnataka State Co-operative Apex Bank?

EMI Calculator helps in calculating Gold Loan Interest in Karnataka State Co-operative Apex Bank.

  • How to Pay Karnataka State Co-operative Apex Bank Gold Loan Interest Online?

You can pay  Karnataka State Co-operative Apex Gold Loan interest online through internet banking on the official HDFC loan compensation web page you can also repay your Karnataka State Co-operative Apex Gold Loan on Paytm using your selected payment method.

  • What if I can’t pay the interest on Karnataka State Co-operative Apex Bank Gold Loan for 3 months?

If you do not make payment for your Karnataka State Co-operative Apex Bank Gold Loan for 3 months, the bank will formerly remind you of your pending charges. If the payment requests go hushed, the legal notice is sent for the repayment and closure of the loan. Inadequacy on your Gold Loan results in a reduction of your credit score and also makes you accountable to face legal actions by the bank, including the seizure of your gold.

  • How can I apply for EMI Moratorium on Karnataka State Co-operative Apex Bank Gold Loan?

You can apply for EMI Moratorium on Karnataka State Co-operative Apex Bank Gold Loan directly from 1st March and 31st August 2020 and has to be done by approaching the Bank customer care or going to the nearest Karnataka State Co-operative Apex Bank branch.

 

 

 

 

 

 

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