Allahabad Bank Gold Loan

Gold Loan at 1%* p.m.

Apply & Get Instant Money

Allahabad Bank Gold Loan Key Features – Apply Now!

Allahabad Bank Gold Loan Interest Rate 7.11% per annum
Allahabad Bank Gold Loan Per Gram Rate Per Gram Today is ₹ 5,032
Allahabad Bank Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Allahabad Bank Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Allahabad Bank Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Allahabad Bank Gold Loan Repayment Tenure 3 Months to 24 Months
Allahabad Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of Allahabad Bank Gold Loan

  • Fast Procedure: You can take a Gold Loan from Allahabad Bank without problems and swiftly with none obstacles. The mortgage receives accredited in only 60 minutes.
  • Fewer Documents: The documentation development is consistent here; fewer files are essential for the gold mortgage in Allahabad Bank.
  • Transparent System: Allahabad Bank proposals huge transparency to their consumer; and that is, there aren’t any unidentified charges.
  • Amount of Loan: The minimal quantity of mortgage that Allahabad Bank can offer to their consumer is Rs. 15,000. And, in rural districts, it could be much less than Rs 10,000.
  • Protection of Jewellery: One crucial aspect to notice is that the Bank takes the entire responsibility for the safety of your gold. Afterwards, they saved the gold in fire-evidence safety.
  • Loan Tenure: The time-length of the Gold mortgage in Allahabad Bank may be from three months to two years. Afterwards, you could select out your luxurious accordingly.
  • Profits for Ranchers: Allahabad Bank gives a few special offers for agricultural purposes. Allahabad Bank gives a negligible Gold Loan hobby charge for agronomic purposes.
  • No Debt Issue: There may be a fixed of occasions like wherein if an applicant isn’t always capable of pay off the quantity of mortgage, in that example, the applicant will now no longer be beneath neath any money owed because the Bank will allow the handiest capture the applicant’s ornaments.
  • No Income borders: There aren’t any regulations at the income or earnings of the applicant; henceforth, everybody with any income variety can practice for a gold mortgage in Allahabad Bank.

How Much Gold Loan can I Get through Allahabad Bank Gold Loan?

Allahabad 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

 

Allahabad Bank Gold Loan Eligibility

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

Allahabad 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)

 

Allahabad Bank Gold Loan Interest Rate, Fees and Charges

HDFC 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 Allahabad Bank Gold Loan

Life is complete of issues and fears. Subsequently, you can want coins to combat with monetary issues to your life. In that case, you could get a Gold Loan from Allahabad Bank to combat with the financial emergency. A gold mortgage is a closed mortgage. After, humans with decreased CIBIL rating also can practice for this service. However, there is lots of financial Banking and non-Banking agencies which could offer you with the gold mortgage.

However, Gold Loan is taken into consideration the greatest. Allahabad Bank got here into life in 1865. It is one of the maximum misleading and continual Banks in India. Also, it’s far acknowledged for its robust financial features. Here the transactions are very secure.

  • Allahabad Bank Gold Loan Interest Rate is 7.11% per annum.
  • Allahabad Bank Gold Loan Per Gram is ₹ 5,032
  • Allahabad Bank Gold Loan Tenure: Up to 24 months
  • Allahabad Bank Gold Loan Processing Fee is Up to 1.50% of the principal Loan Amount + GST.

Types of Allahabad Bank Gold Loan

Allahabad Bank gives a few plans allied to the Gold Loan object which can be indexed below:

  • Loan Against Gold – Allahabad Bank gives Gold Loan at exciting steps is crucial to fulfilling anybody’s important the want for belongings for any motive whether or not character or professional. The gold credit score is made sure approximately the sort of loans, and then, the Bank has no risk in giving the whole thing to the applicant, so it’s far given at a slower step of satisfactory while related to one-of-a-kind kinds of Loan items.
  • Loan Against Gold for the Farming enterprise – Allahabad Bank gives Gold Loans in reality to farming enterprise functions to ranchers at an unprecedented step of the hobby while related to gold loans given for one-of-a-kind possibilities. They are given several offers, and on the time of taking the loan, you need to deliver the Bank your Property evidence.

Allahabad 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 Allahabad Bank Gold Loan EMI?

  •  Standing Instruction (SI): If you’re a cutting-edge account holder with Allahabad Bank, Standing Instruction is a very reliable process to pay. Your EMI entirety can be credited logically at the manner to the month’s quit to month time body from Allahabad Bank account you show.
  • Electronic Clearing Service (ECS): The software may be beneficial withinside the incident which you have a non – Allahabad Bank and can want your EMIs to be charged consequently near the best restriction of the month to month cycle from this record.
  • Post-Dated Checks (PDC): You can gift post-dated EMI investigations from a non-Allahabad Bank account at your nearest Allahabad Bank Loan Centre. Another approach of PDCs has to be on hand in a specific manner. It can be fantastic withinside the manifestation which you notice Post Dated Checks can be accumulated non-ECS states commonly speaking.

Allahabad Bank Gold Loan Contact Number

Call 9878981144 and get fast assist and settlement in your Allahabad Bank Gold Loan. You can now recognise the top rate proposals on Gold Loan available from all Allahabad Bank Branches in all around the united states to advantage the pinnacle deal related in step with your requirements.

Gold Ornaments Accepted by Allahabad Bank 

  • Gold Jewellery – Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of those are allowable through Allahabad Bank to take a Gold Loan.
  • Quality – The best of Gold should be in among of 18 Carat to 22 Carat. Any gold decoration that is 24 Carat can not be used to take a gold mortgage.

Use of Allahabad Bank Gold Loan

The belongings strong through availing Allahabad Bank Gold Loan facility which may be used for multiple functions like 

  • To fund any unique hoards like marriage, climbing, instalment of better training expenses, etc.
  • For all of your advertising and marketing necessities, inclusive of acquiring new supply, growing advertising and marketing, etc., mortgage facility is accessible.
  • You also can follow for the Gold loan for agrarian ideas. The Bank offers nominal prices of a hobby for Gold Loans which might be used for agriculture or associated plans.

 

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.11% – 14.50%

ICICI Gold Loan

7.11% – 16.10%
Muthoot Finance Gold Loan

7.11% – 24.00%

Axis Bank Gold Loan

7.11% – 17.11%
Manappuram Gold Loan

7.11% – 26.00%

Yes Bank Gold Loan

7.11% – 15.99%
Bank of India Gold Loan

7.11% – 26.00%

Federal Bank Gold Loan 

7.11% – 13.50%
IIFL Gold Loan

7.11% – 12.00%

Central Bank of India Gold Loan

7.11% – 14.65%

Canara Bank Gold Loan

7.11% – 12.65%

Allahabad Bank Gold Loan

7.11% – 10.45%

Induslnd Bank Gold Loan

7.11% – 15.75%
PNB Gold Loan

7.11% – 11.75%

Bajaj Finance Gold Loan

7.11% – 26%
SBI Gold Loan

7.11% – 15.99%

Indian Bank Gold Loan

7.11% – 15.99%
UCO Bank Gold Loan

7.11% – 26.00%

Kotak Mahindra Bank Gold Loan

7.11% – 13.50%
Syndicate Bank Gold Loan

7.11% – 12.00%

 

FAQs About Allahabad Bank Gold Loan

  • What is Allahabad Bank Gold Loan?

Allahabad Bank Gold Loan is a mortgage device that you may follow for pressing economic assist through preserving your Gold as protection with the Bank. Also, it comes with excellent hobby charges on Term Loan, Overdraft, and EMI primarily based totally mortgage. Customary Gold Loan disbursement time at Allahabad Bank is simply forty-five minutes.

  • How can I get the Gold Loan from Allahabad Bank?

You can fluently get the Allahabad Bank Gold Loan through journeying any of the gold mortgage imparting branches of Allahabad Bank. You may follow online with LendingWale through merely sitting at your own home and get the first-class agreements and proposals. Allahabad Bank is one of the leading Banks in India that gives Gold Loan features.

  • What is Gold Loan Interest Rate in Allahabad Bank?

The Interest charge for the Gold Loan in Allahabad Bank is 7.11% in line with annum. The charge of a hobby is the problem to numerous factors, namely: mortgage amount, mortgage time-periods, purity of Gold, and connotation with Allahabad Bank.

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

The inline with gram Gold Loan in Allahabad Bank that you may get relies upon at the purity of your Gold. Allahabad Bank determined to take the Gold of purity among 18 carats to 22 carats to provide a Gold Loan. You can avail up to ₹ 5,032 Per Gram in Allahabad Bank Gold Loan.

  • How to check Gold Loan status in Allahabad Bank?

To take a look at your Allahabad Bank Gold Loan popularity all, you want to do is, go to the Allahabad Bank Loan Status Tracker internet web page and fill your info withinside the shape given there. You may song the popularity resourcefully of your mortgage from the house and live updated.

  • How to calculate Gold Loan Interest in Allahabad Bank?

You can calculate the interest rate to your Allahabad Bank Gold Loan the use of LendingWale EMI Calculator which offers you included quantities primarily based totally at the information you input into the calculator.

  • How to Pay Allahabad Bank Gold Loan Interest Online?

You can pay Allahabad Bank Loan interest online via internet Banking at the dedicated Allahabad Bank mortgage reimbursement online web page. Or else, you may additionally refund your Allahabad Bank Gold Loan on Paytm the use of your preferred charge process.

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

If you do now no longer pay your Gold Loan for three months, first off the Bank will remind you of your due payments. And after that, If the charge requests move ignored, an advocated criminal observe is despatched annoying the reimbursement to complete the mortgage. Non-charge to your Gold Loan will result in a diminishing of your credit score rating and additionally makes you legally responsible for standing criminal moves through the Bank in addition to seizure and public sale of your Gold.

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

You can follow for an EMI Moratorium on Allahabad Bank Gold Loan now among 1st March and 31st August 2020 and must be completed through speaking the Bank’s Customer care or through journeying the closest Allahabad Bank branch.