Telangana State Co-Operative Apex Bank Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Telangana State Co-Operative Apex Bank Gold Loan Key Features

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

Advantages of Telangana State Co-Operative Apex Bank Gold Loan:

  • Quick Process: Telangana State Co-Operative Apex Bank loan is accepted and dispensed very rapidly and without issues. The loan receives sanctioned in an hour.
  • Lesser Documentation: The documentation procedure of this loan is simple and fewer, vital reports are required for the Telangana State Co-Operative Apex Bank gold loan.
  • Transparent System: The bank offers its best to get complete transparency to the client; that is, there are not any hidden expenses from you.
  • Amount of Loan: The minimal base amount of loan that Telangana State Cooperative Apex Bank offers to its client is Rs. 15000. Likewise, it must now no longer be over Rs 10 thousand in rural zones.
  • Safety of Jewelry: One wonderful thing to notice is that the financial institution is dependable altogether for the safety of your gold. Consequently, the gold is intact in a fire-resistant vault.
  • Loan Tenure: The tenure of the loan can range from three months to two years. Henceforth, you may decide on a selection as in step with your comfort.
  • Advantages for Farmers: Telangana State Cooperative Apex Bank offers a few superb proposals for agricultural usage. That is, the financial institution gives a quite decrease in Gold mortgage rate for agricultural use.
  • No Burden of Debt: There is likewise situations at some stage in that the investor isn’t capable of pay off the loan amount, in this type of scenario the loaner will now no longer be under any debt, as an end result, the bank will on its own confiscate the gold jewelry.
  • No Income Limitations: There are not any regulations at the salary or earnings of the loaner, henceforth, all people with any pay range can avail of a gold loan.

How Much Gold Loan can I Get through Telangana State Co-Operative Apex Bank Gold Loan:

Telangana State Co-Operative Apex 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

Telangana State Co-Operative Apex Bank Gold Loan Eligibility:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

Telangana 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)

Telangana State Co-Operative Apex 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 Telangana State Co-Operative Apex Bank Gold Loan:

Overcome your crises with the best possible option; Gold Loan. A gold loan is a totally secured loan, as the loan is issued by the banks against gold as collateral. Therefore the humans with low CIBIL rating also can without difficulty avail of this service. Telangana State Cooperative Apex Bank Gold Loan is one of the pleasant gold loans in India.

Though there are lots of money banking and non-banking agencies that offer you a gold loan, Telangana State Cooperative Apex Bank Gold Loan is taken into consideration as a favourable choice. It is one of the maximum reputed and dependable banks in India. Also, It is thought for its amazing financial services.

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

Types of Telangana State Co-Operative Apex Bank Gold Loan:

Telangana State Co-Operative Apex Bank gives various schemes mounted to the Gold Loan product that are indexed below:

  • Loan Against Gold – Telangana State Cooperative Apex Bank offers Gold Loan at an engaging rate of interest to meet anyone’s dire shortage of investments for any reason whether or not private or professional. The gold loan will be an actually secured form of a loan, and so, the bank has no risk in loaning the range to the person; therefore, it is supplied at a reduced rate of interest as in comparison to other sorts of Loan merchandise.
  • Loan Against Gold for Agriculture –Telangana State Cooperative Apex Bank offers Gold Loans mainly for agriculture capabilities to farmers at a unique rate of interest in comparison to gold loans given for different opportunity uses. They are given different offers and that they must present to the bank Land proofs that they are taking the Loan for.

Telangana 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 Telangana State Co-Operative Apex Bank Gold Loan EMI?

Your Telangana State Co-Operative Apex Bank gold loan is regularly reimbursed inside the following three opportunity ways.

  • Standing Instruction (SI): If you are presently an account holder with Telangana State Co-Operative Apex Bank, Standing Instruction is that the maximum reliable technique of repayment. Your EMI amount is going to be credited routinely toward the end of the month to month quantity from the Telangana State Cooperative Apex Bank bank account you display.
  • Electronic Clearing Service (ECS): This application is regularly implemented in case you’ve given a non-Telangana State Co-Operative Apex Bank account and could in all likelihood need your EMIs to be debited therefore near the decline of the month to month cycle from this account.
  • Post-Dated Checks (PDC): You could display post-dated EMI analyses from a non-Telangana State Cooperative Apex Bank account at your nearest Telangana State Co-Operative Apex Bank loan Center. A particularly new edition of PDCs has to be presented at the moment. It’ll be excellent in case you observe Post Dated Checks are going to be accumulated non-ECS states as it was.

Telangana State Co-Operative Apex Bank Gold Loan Contact Number:

Call 9878981144 and gather on the spontaneous help and approval of your Telangana State Cooperative Apex Bank Gold Loan. You can be equipped to understand the most amazing offers on Gold Loan accessible from all of the Telangana State Co-Operative Apex Bank Branches in the country to avail the simplest deal relevant to your desires.

Gold Ornaments Accepted by Telangana State Co-Operative Apex Bank:

  • Gold jewellery, for instance, Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of these are noticed by Telangana State Co-Operative Apex Bank for availing a Gold Loan.
  • Quality: The purity of gold that is given has to be between 18 Carat to 22 Carat. Any gold ornament this is 24 Carat, cannot be used for availing a gold loan.

Use of Telangana State Co-Operative Apex Bank Gold Loan:

The finances received through availing the Telangana State Cooperative Apex Bank Gold Loan provider may be applied for plenty capabilities such as:

  • To finance any unique investments like matrimony, hiking, instalment of higher lesson payments, etc.
  • For all your advertising and marketing desires, like getting supplies, growing promoting, etc., the loan provider is obtainable.
  • You can moreover avail of a Gold Loan for agriculture ideas. The financial institution offers a decrease in the rate of interest for Gold Loans that are used for farming or linked 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 Telangana State Co-Operative Apex Bank Gold Loan:

  • What is Telangana State Co-Operative Apex Bank Gold Loan?

Telangana State Co-Operative Apex Bank Gold Loan is a loan scheme that you without a doubt can avail for urgent monetary issues with the aid of preserving your gold as collateral protection with the bank. It moreover comes with attractive interest rates on Term Loan, Overdraft, and EMI primarily based totally on loan. The common Gold Loan disbursal time at Telangana State Co-Operative Apex Bank is without a doubt 45 minutes.

  • How can I get the Gold Loan from Telangana State Co-Operative Apex Bank?

You can get Telangana State Co-Operative Apex Bank Gold Loan with the aid of visiting any of the gold loans presenting branches of Telangana State Co-Operative Apex Bank, in any other case you may observe online with BookMyLoans from the consolation of your house and discover the excellent offers and prices. Telangana State Co-Operative Apex Bank is one in each of the main banks withinside the country that offers Gold Loan service.

  • What is Gold Loan Interest Rate in Telangana State Co-Operative Apex Bank?

The Gold Loan price in Telangana State Co-Operative Apex Bank is 7.0% each year. The hobby price commonly relies upon some of the items, namely: loan tenure, loan quantity, authenticity of gold, and your terms with Telangana State Co-Operative Apex Bank.

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

The per gram Gold Loan in Telangana State Co-Operative Apex Bank which you simply get depends upon at the purity of your gold. Telangana State Co-Operative Apex Bank accepts gold of purity among 18 carats to 22 carats to deliver a Gold Loan. You can get accepted of up to ₹ 5,268 Per Gram in Telangana State Co-Operative ApexBank Gold Loan.

  • How to check Gold Loan status in Telangana State Co-Operative Apex Bank?

In order to check your Telangana State Co-Operative Apex Bank Gold Loan status, all you need to try and do is go to the Telangana State Co-Operative Apex Bank loan status tracker internet web page and fill on your information inside the form given. You’ll absolutely be capable of tracking the status of your mortgage from anywhere and be updated.

  • How to calculate Gold Loan Interest in Telangana State Co-Operative Apex Bank?

You can calculate the interest for your Telangana State Cooperative Apex Bank Gold Loan with the aid of utilizing the BookMyLoans’ EMI Calculator which offers you accurate sum primarily based totally at the data you input into the calculator.

  • How to Pay Telangana State Co-Operative Apex Bank Gold Loan Interest Online?

You can pay Telangana State Co-Operative Apex Bank Gold Loan interest online via internet banking at the authentic Telangana State Co-Operative Apex Bank loan compensation internet site or as an alternative; you may conjointly pay off your Telangana State Co-Operative Apex Bank Gold Loan on Paytm the usage of your maximum desired payment technique.

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

If you’re not able to pay your Telangana State Cooperative Apex Bank Gold Loan because of a few issues, inside three months, the bank can first of all spark off you of your unfinished dues. If the price requests pass unhearable an authentic notice is shipped concerning the compensation and closure of the loan. Defaulting in your Gold Loan finally ends up in a lower of your credit score rating and conjointly reasons you to at risk of face criminal movements through the financial institution in addition to the arrogation and public sale of your gold

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

You can practice for EMI Moratorium on Telangana State Co-Operative Apex Bank Gold Loan presently among 1st March and thirty-first August 2020 and need to be carried out through contacting the Bank consumer care or visiting the nearest Telangana State Co-Operative Apex Bank branch.

Leave a Reply

Your email address will not be published. Required fields are marked *