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North East Small Finance Bank Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

North East Small Finance Bank Gold Loan Key Features

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

Advantages of North East Small Finance Bank Gold Loan

  • Fast Process: North East Small Finance Bank Gold Loan gets appreciated and payout easily. The loan is within an hour.
  • Minimal Documents: For North East Small Finance Bank Gold Loan paper process is straightforward and only crucial documents are needed
  • Transparent System: Impeccable precision is provided to the customer, there are no hidden charges.
  • Amount of Loan: The minimum amount of loan provided to the customer is Rs. 15000. In rural areas, the minimum amount can also be less than Rs 10000.
  • Safety of Jewellery: North East Small Finance Bank is responsible for the security of your gold. Thus, gold is granted fireproof protection.
  • Loan Tenure: The loan is granted for the term from 3 months to 2 years.
  • Benefits for Farmers: North East Small Finance Bank prevails some extraordinary offers for agricultural plans. Low Gold Loan interest rate for agricultural techniques are provided.
  • No Debt Burden: If in any circumstances the applicant is not able to repay the loan amount the appellant will not be under debts. Only the ornaments will be confiscated.
  • No Income bounds: there are no constraints on the salary of the applicant. Hence, applicants with any salary level can avail a gold loan.

How much Gold Loan can I Get through North East Small Finance Bank Gold Loan

North East 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

Call on 9878981144 to avail the Most immeasurable Deals and Offers on North East Small Finance Bank Gold Loan Per Gram.

North East Small Finance Bank Gold Loan Eligibility 

The applicants for Gold Loan are eligible only if they fulfil the following criteria:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

North East Small Finance Bank Gold Loan Documents Required

In North East Small Finance Bank Gold Loan minimal documentation are required to quickly access to the gold loan. Following are the list of 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)

North East Small Finance Bank Gold Loan Interest Rate, Fees and Charges

Gold as security is accessible at a low-interest rate because it’s under the category of secured loans. Therefore, the Gold Loan interest rates are minor than that of the personal loan or any other type of loans. The Gold Loan rate keeps on switching time to time as well as person to person.

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 North East Small Finance Bank Gold Loan

Uncertainties are a part of life. Thus, to tackle with all the financial obstructions in your life we all need money. Where Gold Loan plays a requisite role to fight with the financial crisis. Gold Loan is a secured loan. People with low CIBIL score can also have secure access to this service.  Federal Bank Gold Loan is one of the most competent Gold Loans in India.

Despite, there is a number of financial banking and non-banking companies that avail the gold loan, but North East Small Finance Bank Gold Loan is judged the best. North East Small Finance Bank is well-known for its ingenious financial services, as it is one of the most presumed and dependable banks in India.

  • North East Small Finance Bank Gold Loan Interest Rate is 7.00% per annum
  • North East Small Finance Bank Gold Loan Per Gram is ₹ 5,268
  • North East Small Finance Bank Gold Loan Tenure: Up to 24 months
  • North East Small Finance Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of North East Small Finance Bank Gold Loan

North East Small Finance Bank presents different schemes attached to the Gold Loan product. Schemes are as follows:

  • Loan Against Gold- North East Small Finance Bank provides Gold Loan at an appealing rate of interests which can really fulfil anyone’s direct necessity of funds for any personal or professional reasons. Gold Loan is completely a secured form of loan where the bank has no risk in the lending amount of money to the loan seeker at a cheaper rate of interest as compared to the other forms of Loan products.
  • Loan Against Gold for Agriculture- Specifically for agricultural purposes to farmers North East Small Finance Bank Avails Gold Loan at a particular rate of interest as compared to the Gold Loans which are provided for other uses. Unusually offers avails and the bank demand the Land proofs on which basis the loan seekers apply for Loan.

North East Small Finance 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 North East Small Finance Bank Gold Loan EMI?

North East Small Finance Bank Gold Advance can be repaid in the different following ways:

  • Standing Instruction (SI): If you are an account holder with North East Small Finance Bank presently, then Standing Instructions is the most recommended method of repayment. Toward the end of the month period, the EMI amount will be charged from the applicants North East Small Finance Bank account the candidate shows.
  • Electronic Clearing Service (ECS): This scheme is for the applicants who have a  non-North East Small Finance Bank record and the EMIs necessitate to be debited consequently at the end of the month cycle from this account.
  • Post-Dated Checks (PDC): The applicant can present post-dated EMI examine from non-North East Small Finance Bank statement at your nearby North East Small Finance Bank Loan Center. Immediately, the new version of PDCs should be impersonated. For ideal condition, it’s advised to note Post Dated Checks which will be collected non-ECS states as it were.

North East Small Finance Bank Gold Loan Contact Number

Call at 9878981144 to get immediate help and support for your North East Small Finance Bank Gold Loan. You can know the best offers on Gold Loan available from all the North East Small Finance Bank Branches throughout the country to avail the most beneficial deal suitable to your needs.

Gold Ornaments Accepted by North East Small Finance Bank

  • Gold Jewellery like Gold Bangles, Gold rings, Gold anklets, Gold Necklaces, Gold Earrings etc. are all taken by North East Small Finance Bank for seeking Gold Loan
  • Quality: The quality of Gold should be within 18 to 22 Carat. Any 24 Carat gold ornaments cannot be used to avail a gold loan.

Use of North East Small Finance Bank Gold Loan

The fund that is taken by North East Small Finance Bank Gold Loan services can be used for diverse purposes:

  • Fund for any particular expenses such as hiking, marriage, payment of higher tuition payments, etc.
  • Loan services are available for marketing essentials like purchasing fresh supply, developing marketing, etc.
  • Additional Gold Loan can also be availed for horizontal ideas. the bank presents a lower rate of interest for Gold Loans that are available for farming or farming-related projects.

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 North East Small Finance Bank Gold Loan

  • What is the North East Small Finance Bank Gold Loan?

North East Small Finance Bank Gold Loan is a loan scheme where you can obtain for any emergency financial help by keeping your gold as a guarantee with the bank. It comes with likeable interest rates on Term Loan, Overdraft and EMI based loan. Average Gold Loan disbursal time is just 45 minutes.

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

You can get North East Small Finance Bank Gold Loan by being to any nearby Gold Loan offering branch. Even you can access to Gold Loan online with BookMyLoans from anywhere and get the best deals and offers.

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

The Gold Loan interest rate in North East Small Finance Bank is 7.0% per annum. The rate of interest depends on many criteria namely: loan amount, loan tenure, purity of gold etc.

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

The value of per gram Gold Loan completely depends on the purity and quality of the gold. North East Small Finance Bank believes gold purity within 18 to 22 carats to provide a Gold Loan. You can avail up to Rs. 5,268 per gram in North East Small Finance Bank Gold Loan.

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

To check the rank of North East Small Finance Bank Gold Loan you can visit North East Small Finance Bank Loan Tracker. Fill up your particulars in the provided form. This can definitely help you to track the status of your loan from anywhere at any time and keeps you updated.

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

North East Small Finance Bank Gold Loan interest can be estimated using BookMyLoan’s EMI Calculator. It gives you the precise details based on the date the applicant enters in the calculator

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

North East Small Finance Bank Gold Loan interest can be funded through net banking on the official North East Small Finance Bank loan payment web page or alternatively. A different mode like Paytm can also be utilised to pay North East Small Finance Bank Gold Loan or your preferred payment method.

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

If the interest is not refunded back for 3 months, then initially notice is given for your pending dues. After this, if the refund requests go neglected or unheard then an official legal notice is sent, that necessitates the repayment and closure of the loan. Such defaults on your Gold Loan ends up in a lessening of your credit score and also make you liable to face legal actions by the bank which may include confiscation and auction of your gold.

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

You can apply for EMI Moratorium on North East Small Finance Bank Gold Loan within 1st March and 31st August 2020. You can get it completed by contacting the Bank Customer Care or visiting the nearby North East Small Finance Bank branch.

 

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