Assam Gramin Vikas Bank Gold Loan Key Features – Apply Now!
|Gold Loan Interest Rate||7.11% per annum|
|Gold Loan Per Gram||Rate Per Gram Today is ₹ 5,032
|Gold Loan Amount||Up to Rs. 1 Crore (With Income Proof)|
|Gold Loan Processing Fee||1.50% of the Principal Loan Amount|
|Gold Loan Prepayment Charges||2%+GST (Within 3 Months), 0 (After 3 months)|
|Gold Loan Repayment Tenure||3 Months to 24 Months|
|Gold Loan Repayment Scheme||Bullet Payment Scheme, Overdraft Scheme|
Gold loan is a financial help provided by the bank in return for our gold. Gold is now used on a large scale for claiming loan. The quality and the quantity and also the bank from which you are taking the loan decides the maximum amount which you can get in return of your gold. The Assam Gramin Vikas Bank provides you the best gold loan service. The bank is responsible for the protection of your gold.
Documents for Assam Gramin Vikas Bank Gold Loan:
- First of all, your identity proof is needed, which can be an Aadhar card, voter ID card, Driving license, Passport, PAN card.
- Second, one proof of residence is required. It can be Aadhar card, voter ID card, Driving license, Passport, PAN card, water bill of last three months having the name of the applicant.
- Also, two colored photographs are required.
- Those who are seeking Agricultural Gold loan need to have agricultural land proofs.
- The loan disbursement is very fast in the bank.
- Minimum documents are required for disbursement of the loan.
- Improves customer service in a much shorter response turn around time.
- Absolute protected custody of gold ornaments by the bank
- Assam Gramin Vikas Bank will not ask the reason behind the gold loan; one can use this loan amount according to their requirement.
- After the approval of the loan, if the borrower has its complete documents, it can be disbursed quickly.
- The rates of interest provided by the bank are quite reasonable.
- The bank will not ask the reason behind the gold loan.
- Different forms of Gold ornaments accepted
Eligibility for Assam Gramin Vikas Bank Gold Loan:
Here are the points which show that the person is eligible for taking a gold loan or not:
- First of all the Assam Gramin Vikas Bank says that anyone can apply for a loan with them, which means that the person can be a professional, salaried, business person, a person of regular income group, etc.
- The applicant should be of at least 18 years of age.
- No minimum income of the applicant is required.
- the gold ornament should be between 18 karats to 22 karats.
- The gold should be of the applicant or should be of his family member.
Interest Rate and other charges:
- The Interest rate starts from 7.11% to 12 % per annum.
- The time period for which the loan is provided varies from 1 year to 4 years.
- The Pre closure charge of the bank is also very less, which is 0-2% of the value of the loan.
Uses of Gold Loan:
The gold loan is used for the following purposes:
- Firstly, for a wedding purpose.
- Then it can be to expand the business
- After that, it can be for the repayment of the loan
- Then it can be for agricultural purposes.
- Lastly, for medical requirements.
About Assam Gramin Vikas Bank:
Assam Gramin Vikash Bank is also a kind of rural bank which was established in the year 2006 so that it can bring an uplift in society and even in the agricultural economy of the country. The headquarters of the bank is in Guwahati. The bank covers about 30 districts of the state and currently it has 414 branches operating in the country.
How to apply through Lengingwale?
We are suggesting this site the reason after that is Lendingwale.com knows the value of your precious time. You will get so many perks if you apply by using this site. Like:
- If you apply from lendingwale.com, you will get by so many benefits.
- You have to fill the Assam Gramin Vikas Bank Gold Loan form, and you will get a call from our side automatically.
- Besides that, you may get some more concessions on the interest rates.
- Therefore there is no need to go to the bank.
- Even more, documents pick up facility from your doorstep is available