Saptagiri Grameena Bank Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Saptagiri Grameena Bank Gold Loan Key Features

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

Advantages of Saptagiri Grameena Bank Gold Loan

  • Quick Procedure: You can take a Gold Loan from Saptagiri Grameena Bank only and rapidly without any difficulties. The loan gets accepted in 60 minutes.
  • Fewer Documents: The documentation procedure is unswerving here; fewer documents are required for the gold loan in Saptagiri Grameena Bank.
  • Transparent System: The Saptagiri Grameena Bank offers complete transparency to their client; and that is, there are no concealed charges.
  • Amount of Loan: The least amount of loan that Saptagiri Grameena Bank can provide to their client is Rs. 15,000. And, it can be less than Rs 10,000 in rural districts.
  • Safety of Jewelry: One important thing to note is that the bank takes the real concern for the security of your gold. Henceforth, they kept the gold in fire-proof protection.
  • Loan Tenure: The time-period of the Gold loan in Saptagiri Grameena Bank can be from 3 months to 2 years. After this, you can choose yours eases accordingly.
  • Benefits for Farmers: Saptagiri Grameena Bank offers some special deals for farming purposes. Saptagiri Grameena Bank offers a nominal Gold Loan interest rate for farming purposes.
  • No Debt Problem: There can be situations like in which if an aspirant is not able to refund the amount of the loan, in that case, the aspirant will not be under any debts as the bank will only take embrace of the aspirant’s ornaments.
  • No Income Restrictions: There are no limits on the salary or income of the applicant; hereafter, anyone with any salary range can apply for a gold loan in Saptagiri Grameena Bank.

How Much Gold Loan can I Get through Saptagiri Grameena Bank Gold Loan?

Saptagiri 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

 

Saptagiri Grameena Bank Gold Loan Eligibility

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

Saptagiri 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)

 

Saptigiri Gramena 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 Saptagiri Grameena Bank Gold Loan

Life is full of uncertainties and difficulties. Consequently, you may need cash to handle the economic problems in your life. In that case, you can get a Gold Loan from Saptagiri Grameena Bank to fight with the economic emergency. A gold loan is a benign loan. Next, the people with low CIBIL score can also apply for this service. Saptagiri Grameena Bank Gold Loan is one of the incomparable gold loans in India.

However, there is a lot of financial banking and non-banking firms that may provide you with the gold loan, but Saptagiri Grameena Bank Gold Loan is considered the greatest. Saptagiri Grameena Bank was set up in 2006. It is one of the most apparent and trustable banks in India. Also, it is known for its brilliant economic facilities. Here the transactions are very safe.

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

Types of Saptagiri Grameena Bank Gold Loan

Saptagiri Grameena Bank offers some plans linked to the Gold Loan item which are listed below:

  • Loan Against Gold – Saptagiri Grameena Bank gives Gold Loan at exciting steps that are important to satisfy anybody’s critical need of assets for any reason whether individual or professional. The gold credit is a wholly made sure about type of loans, and then, the bank has no danger in giving the sum to the applicant, so it is given at a slower step of best when allied with different types of Loan items.
  • Loan Against gold for the Farming industry – Saptagiri Grameena Bank gives Gold Loans clearly to farming industry purposes to farmers at a rare step of interest when compared with gold loans given for different employments. They are given different proposals, and while taking the loan, you have to give the bank your Property evidence.

Saptagiri 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 Saptagiri Grameena Bank Gold Loan EMI?

  • Standing Instruction (SI): If you are a present account holder with Saptagiri Grameena Bank, Standing Instruction is the extreme unswerving procedure to pay. Your EMI sum will be credited naturally towards the month’s end to month time frame from the Saptagiri Grameena Bank account you show.
  • Electronic Clearing Service (ECS): The program can be applied in the incident that you have a non-Saptagiri Grameena Bank account and may need your EMIs to be charged this way near to the extreme limit of the month to month cycle from this record.
  • Post-Dated Checks (PDC): You can show post-dated EMI inquiries from a non-Saptagiri Grameena Bank account at your nearest Saptagiri Grameena Bank Loan Centre. An alternative method of PDCs should be presented in the right way. It will be great in the incidence that you note Post Dated Checks will be collected non-ECS states metaphorically speaking.

Saptagiri Grameena Bank Gold Loan Contact Number

Call 9878981144 And get quick support and approval for your Saptagiri Grameena Bank Gold Loan. You can now know the best offers on Gold Loan available from all the Saptagiri Grameena Bank Branches in all over the country to avail the best deal related according to your requirements.

Gold Ornaments Accepted by Saptagiri Grameena Bank

  • Gold Ornaments: Saptagiri Grameena Bank approves gold Jewellery like Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of these for a Gold Loan.
  • Quality: The quality of gold must be between 18 Carat to 22 Carat. Any gold ornament, which is 24 Carat, cannot be used for a gold loan.

Use of Saptagiri Grameena Bank Gold Loan

The funds settled by availing the Saptagiri Grameena Bank Gold Loan facility can be used for plentiful purposes like:

  • To fund any specific investments such as a wedding, climbing, instalment of higher education expenses, etc.
  • For all your marketing needs, like buying a new supply, developing marketing, etc., a loan service is available.
  • You can also apply for Gold Loan for farming concepts. The bank gives minor charges of interest for Gold Loans that are used for agriculture or 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 Saptagiri Grameena Bank Gold Loan

  • What is Saptagiri Grameena Bank Gold Loan?

Saptagiri Grameena Bank Gold Loan is a loan system that you can apply for urgent financial help by keeping your gold as security with the bank. It also offers reasonable interest rates on Term Loan, Overdraft, and EMI based loan. Usual Gold Loan expenditure time at Saptagiri Grameena Bank is just 45 minutes.

  • How can I get the Gold Loan from Saptagiri Grameena Bank?

You can effortlessly get the Saptagiri Grameena Bank Gold Loan by visiting any of the gold loan offering branches of Indian or you can apply online with BookmyLoan by just sitting at your place and get the best offers. Saptagiri Grameena Bank is one of the most significant banks in India that offers Gold Loan features.

  • What is Gold Loan Interest Rate in Saptagiri Grameena Bank?

The Gold Loan interest rate in Saptagiri Grameena Bank is 7.0% per annum. The rate of interest is subject to many factors, namely: loan amount, loan time-periods, purity of gold, and affiliation with Saptagiri Grameena Bank.

  • How much Gold Loan can I get per gram in Saptagiri Grameena Bank?

 The per gram Gold Loan in Saptagiri Grameena Bank that you can get depends on the purity of your gold. Saptagiri Grameena Bank agrees to take the gold of purity between 18 carats to 22 carats to offer a Gold Loan. You can avail up to ₹ 5,268 Per Gram in Saptagiri Grameena Bank Gold Loan.

  • How to check Gold Loan status in Saptagiri Grameena Bank?

To check your Saptagiri Grameena Bank Gold Loan status all, you need to do is, visit the Saptagiri Grameena Bank Loan Status Tracker web page and fill your details in the form given there. You can track the status easily of your loan from the place and stay updated.

  • How to calculate Gold Loan Interest in Saptagiri Grameena Bank?

You can calculate the interest on your Saptagiri Grameena Bank Gold Loan using BookmyLoans EMI Calculator which gives you definite amounts based on the info you enter into the calculator.

  • How to Pay Saptagiri Grameena Bank Gold Loan Interest Online?

You can pay Saptagiri Grameena Bank Gold Loan interest online thru net banking on the official Saptagiri Grameena Bank loan compensation web page or, you can also refund your Saptagiri Grameena Gold Loan on Paytm using your chosen payment process.

  • What if I can’t pay the interest on Saptagiri Grameena Bank Gold Loan for 3 months?

If you do not pay your Saptagiri Grameena Bank Gold Loan for three months, firstly the bank will remind you of your inadequate payments. And after that, If the payment requests go ignored an official legal notice will be sent for demanding the compensation and to finish of the loan. Non-payment on your Gold Loan will lead to a lessening of your credit score and also makes you legally responsible to face legal actions by the bank as well as seizure and auction of your gold.

  • How can I apply for EMI Moratorium on Saptagiri Grameen Bank Gold Loan?

You can quickly apply for an EMI Moratorium on Saptagiri Grameena Bank Gold Loan now between 1st March and 31st August 2020 and has to be done by contacting the bank’s customer care or by visiting the nearest Saptagiri Grameena Bank branch.

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