RBL Bank Gold Loan Key Features
|RBL Bank Gold Loan Amount||Up to Rs. 1 Crore (With Income Proof)|
|RBL Bank Gold Loan Interest Rate||7.0% per annum|
|RBL Bank Gold Loan Per Gram||Rate Per Gram Today is ₹ 5,268
|RBL Bank Gold Loan Processing Fee||1.50% of the Principal Loan Amount|
|RBL Bank Gold Loan Prepayment Charges||2%+GST (Within 3 Months), 0 (After 3 months)|
|RBL Bank Gold Loan Repayment Tenure||3 Months to 24 Months|
|RBL Bank Gold Loan Repayment Scheme||Bullet Payment Scheme, Overdraft Scheme|
Advantages of the RBL Bank Gold loan
- Impacting Process: RBL Bank Gold Loan is seen and encouraged quickly and with no issue. The credit gets went in an hour.
- Less Documentation: The documentation cycle is impressive and less, noteworthy records are required for the RBL gold credit.
- Direct System: The bank gives full straightforwardness to the customer; that is, there is no guaranteed about charges.
- The degree of Loan: The base degree of advance that RBL Bank obliges the customer is Rs. 15000. Also, It can be not as much as Rs. 10000 in like manner spaces.
- The flourishing of Jewelry: One titanic thing to note is that the bank is subject unequivocally to the security of your gold. In like manner, the gold is ensured in fire security.
- Advance Tenure: The residency of the improvement can be from 3 months to 2 years. In like way, You can pick as shown by your comforts.
- Ideal conditions for Farmers: RBL bank gives some beast proposition for standard purposes. That is, the bank offers a slight low Gold credit financing cost for a Gold improvement for agrarian use.
- No Debt Burden: There can be conditions in which an up-and-comer can’t repay the improvement all out in such a case the up-and-comer won’t be under duties as the bank will, by and large, take the embellishments.
How Much Gold Loan can I Get through RBL Bank Gold Loan
RBL Bank Gold Loan Per Gram – Updated September 2020
|Updated – Gold Loan Per Gram Rate|
|Gold Weight||Gold Purity
RBL Bank Gold Loan Eligibility
18-70 years of age Salaried, Self-Employed Minimum 18 Carats
18-70 years of age
Minimum 18 Carats
RBL Bank Gold Loan Documents Required
2 Passport Size
Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)
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)
RBL 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
Late Repayment Charges
Renewal Processing Fees
Rs 350 + GST
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.
About RBL Bank Gold Loan
Life is flooding with inadequacies. In like manner, you may envision that money should switch up to the budgetary bundle for a stunning term. For this condition, you can get a Gold Loan to fight with the cash related crisis. A gold credit is ensured about the amazing new startling new unforeseen development. Fittingly, people with low CIBIL scores can in like manner enough piece of room this conspiracy. For RBL, Gold Loan is shockingly stood isolated from other gold advances in India.
Regardless, there is a massive degree of cash related banking and non-banking affiliations that give you a gold credit, in any case, RBL Gold Loan is viewed as the best. It is one of the most expected and solid banks in India. In like manner, It is known for its amazing cash identified with affiliations.
- RBL Bank Gold Loan Interest Rate is 7.0% per annum
- RBL Bank Gold Loan Per Gram is ₹ 5,268
- RBL Bank Gold Loan Tenure: Up to 24 months
- RBL Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of RBL Bank Gold Loan
RBL Bank offers various plans identified with the Gold Loan thing which are recorded underneath:
Advance Against Gold – RBL Bank gives Gold Loan at coinciding with redesigns major to fulfil anyone’s essential needs of central fixations under any conditions whether individual or star. The gold credit is totally ensured about such advances and subsequently, the bank has no danger in ascribing them all out to the up-and-comer so it is given at a superbly more moderate improvement of premium when meandered from various kinds of Loan things.
Advance Against Gold for Agriculture – RBL Bank gives Gold Loans unequivocally to agribusiness purposes to farmers at a critical improvement of power when kept from gold advances given for various occupations. They are given overpowering offers and you need to give the bank Land referencing to which you are taking the Loan.
RBL Bank Gold Loan EMI Calculator
Rate of Interest
How to Pay Your RBL Gold Loan EMI?
Your RBL Bank gold improvement can be repaid in going into three interstates:
- Standing Instruction (SI): If you are a current record holder with RBL Bank, Standing Instruction is the most strong viewpoint for pay. Your EMI entire will be attributed along these lines towards the month’s decision to the month’s time back from the RBL Bank account you show.
- Electronic Clearing Service (ECS): This program can be applied on the off chance that you have a non-RBL Bank record and may require your EMIs to be charged correspondingly close to the farthest uttermost degrees of the month to month cycle from this record.
- Post-Dated Checks (PDC): You can introduce post-dated EMI assessments from a non-RBL Bank introduction at your nearest ICICI Bank Loan Center. Another separation in PDCs ought to be introduced right away. It will shock in the event that you note Post Dated Checks will be amassed non-ECS states as is by and large said.
RBL Bank Gold Loan Contact Number
Call 9878981144 and get second help and sponsorship for your RBL Bank Gold Loan. You can know the best recommendation on Gold Loan open from all the RBL Branches all through the nation to profit the best strategy fitting to your necessities.
Gold Ornaments Accepted by RBL Bank
- Gold Jewelry: For example, Gold Bangles, Gold rings, Gold anklets, Gold embellishments, and so on these are seen by RBL Bank for profiting a Gold Loan.
- Quality: The possibility of gold ought to be between 18 Carat to 22 Carat. Any gold arranging which is 24 Carat, can’t be utilized for profiting a gold credit.
Use of RBL Bank Gold Loan
The positive conditions ensured about by profiting the RBL Bank Gold Loan alliance can be used for several reasons, for instance:
- To help the unequivocal speculation, for instance, marriage, climbing, a hint of cutting edge sifting through cost packs, etc.
- For all your inciting necessities, for instance, purchasing new deftly, making publicizing, hence, utilizing a credit association is open.
- You can other than profit by a Gold Loan for green thoughts. The bank gives lower expenses of epic for Gold Loans that are utilized for making or related endeavours.
Gold Loan Interest Rate of Major Banks
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 RBL Bank Gold Loan
- What is RBL Bank Gold Loan?
RBL Bank offers one of the most reduced gold advance rates both for its current bank clients just as new borrowers. RBL Bank gem credit financing cost differs by the measure of advance, immaculateness of gold, and advance to esteem proportion.
- How can I get the Gold Loan from RBL Bank?
You can get RBL Bank Gold Loan by visiting any of the gold progress obligations parts of RBL Bank or you can apply online with bookmyloan from the comfort of your home and get the best techniques and offers. Andhra Bank is one of the public banks in India that gives the Gold Loan theory.
- What is Gold Loan Interest Rate in RBL Bank?
The Gold Loan Interest Rate in RBL Bank is 7.0% per annum.
- How much Gold Loan can I get per gram in RBL Bank?
You can get RBL Bank Gold Loan by visiting any of the gold improvement duties parts of RBL Bank or you can apply online with bookmyloan from the solace of your home and get the best structure and offers. RBL Bank is one of the key banks in India that gives the Gold Loan association.
- How to check Gold Loan status in RBL Bank?
To check your RBL Bank Gold Loan status you ought to just visit the RBL Bank Loan Status Tracker site page and fill in your nuances in the structure given. You can no deficiencies, and, or buts follow the status of your advancement from any spot and remain sustained.
- How to calculate Gold Loan Interest in RBL Bank?
You can get a cut-off with the centrality on your RBL Bank Gold Loan using EMI Calculator which gives you wary aggregates subject to the information you go into the calling.
- How to Pay RBL Bank Gold Loan Interest Online?
You can pay the RBL Bank Gold Loan premium online through net ward upon the authority RBL Bank advance repayment page or obviously, you can in like way repay your RBL Bank Gold Loan on Paytm using you’re kept up the concealed structure.
- What if I can’t pay the interest on RBL Bank Gold Loan for 3 months?
In case you don’t pay your RBL Bank Gold Loan for 3 months, the bank will shape the starting to help you with taking a gander at your pushing toward responsibility. In case the part requests go unheard, a power credible bearing is sent proposing the repayment and finish of the new sudden new unforeseen new development. Defaulting on your Gold Loan achieves a diminishing of your FICO assessment other than make you zeroed in on testing real exercises by the bank including the seizure and offer of your gold.
- How can I apply for EMI Moratorium on RBL Bank Gold Loan?
You can apply for EMI Moratorium on RBL Bank Gold Loan now between the standard March and 31st August 2020 and must be done by appearing at the Bank customer care or visiting the nearest RBL Bank office.