Bandhan Bank Gold Loan

Gold Loan at 1%* p.m.

Apply & Get Instant Money

Bandhan Bank Gold Loan Key Features – Apply Now!

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

Advantages of Bandhan Bank Gold Loan:

  • Quick Processing: Bandhan Bank passes the loan with ease in a little time of 60 minutes. The process is simple and fast.
  • Minimal Documentation: Documents taken by the Bandhan Bank are minimum and important.
  • Transparent System: The Bandhan Bank has a very fair and on a point system that indulges no-undefined amount.
  • Loan Amount: Rs. 15000 is the amount allotted to the customers and the quantity decrease to Rs. 10000 for the rural zones.
  • Security of Jewelry: Bandhan Bank takes honor in protecting the gold assets lent by the borrowers. It should be given protection from fire-catching vaults.
  • Loan Tenure: The regime of the gold loan in Bandhan Bank is from 3 months to 2 years. Further decisions can be taken by the applicant depending on the need and outcomes.
  • Advantages for Farmers: Showering farmers with great offers and an affordable interest rate is the most profitable service given by Bandhan Bank.
  • No Debt Trouble: If the applicant is not unable to pay the amount then he will not be charged under dent accusations, the bank will just seize their gold.
  • No Income bounds: The purpose of providing loans is not to gain money form the individuals, the Bandhan Bank’s purpose is to give money, and thus, income boundaries should not take place.

 

How Much Gold Loan can I Get through Bandhan Bank Gold Loan:

Bandhan 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

 

Bandhan Bank Gold Loan Eligibility:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

Bandhan 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)

 

Bandhan 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 Bandhan Bank Gold Loan:

To make your life easier Bandhan Bank has brought to you some stunning banking services that include Gold Loan and various other banking services. Bandhan Bank Gold Loan provides a loan to the people who are struggling hard to achieve their goals, loans are provided at a low rate of interest with high funding thus, there occurs no issue. Hence, Bandhan Bank is the most recognized financing services known.

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

Types of Bandhan Bank Gold Loan:

  • Loan Against Gold – Loaning a huge amount to the individuals in case of situations where they are looking for financial help is a great service given by Bandhan Bank. Gold Loan is a secured loan and it loan an amount to the people at a low-interest rate and thus the bank has no risk in lending a huge sum to the individuals.
  • Loan Against Gold for Agriculture – Bandhan Bank comes up with different plans for the ranchers. They offer them the loan at a minimum rate of interest that alters from the loans used for different uses. The Bandhan Bank requires to know the purpose behind taking the loan hence, they needed land evidence.

Bandhan 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 Bandhan Bank Gold Loan EMI?

  • Standing Instruction (SI): If you are currently an account holder with Bandhan Bank, then Standing Instruction is the appropriate method of compensation. Your EMI amount gets credited towards the end of the month to month process from the Bandhan Bank bank account.
  • Electronic Clearing Service (ECS): This procedure is taken in use when you have a non-Bandhan Bank record and probably need your EMIs to be debited near the end of the month to month cycle from the current record.
  • Post-Dated Checks (PDC): You can submit your post-dated EMI reports from a non-Bandhan Bank financial statement at your closest Bandhan Bank loan Center. A new set of PDCs should be present instantly.

The Bandhan Bank Gold Loan Contact Number:

Dial 9878981144 to get knowledge about the Bandhan Bank Gold Loan and the offers and prices it provides to the customers by all the branches of the  Bandhan Bank.

Gold Ornaments Accepted by Bandhan Bank :

  • Gold Jewelry-  Bandhan Bank accepts gold as in, Gold Bangles, Gold bands, Gold anklets, Gold necklaces, etc. all of these ornaments.
  • Quality- The quality of gold should be pure and the value lies between 18-22 carats.

 

Use of Bandhan Bank Gold Loan:

  • Personal requirements like education expenses, travel expenses, housing, hiking, etc. can be easily done by the amount obtained from the Bandhan Bank.
  • Funds are required to start your marketing skills and make it grow by purchasing original stock, publicizing the market.
  • Land cultivators and green producers need funds for fulfilling their basic needs along with the agricultural requirements.

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 Bandhan Bank Gold Loan:

  • What is Bandhan Bank Gold Loan?

The Bandhan Bank Gold Loan started money-lending services for the needful people out there, it helps them in a way as the bank loan the amount at a cheap interest rate with high funding.

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

You can get the Bandhan Bank Gold Loan by visiting the gold loan branches of Bandhan Bank; otherwise, you can apply online with lendingwale from your home and take the best deals and offers.

  • What is the Gold Loan Interest Rate in Bandhan Bank?

The Gold Loan rate in Bandhan Bank is 7.11% per annum.

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

The per gram Gold Loan in Bandhan Bank is ₹ 5,032 Per Gram.

  • How to check Gold Loan status in Bandhan Bank?

Revise and stay updated about the gold loan status in Bandhan Bank by visiting the Bandhan Bank loan status tracker web page and fill in your details within the application given.

  • How to calculate Gold Loan Interest in Bandhan Bank?

Calculations of gold loan interest in Bandhan Bank can be concluded using the EMI calculator.

  • How to Pay Bandhan Bank Gold Loan Interest Online?

Customers can pay the interest on the respective bank via net banking or else Paytm or any of your most preferred methods.

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

If you have not paid the interest on Bandhan Bank for 3 months and also you ignored the given warning then the bank is definitely going to take legal actions against you and will grab your ornaments.

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

You can demand EMI Moratorium on Bandhan Bank Gold Loan currently between the 1st March and 31st August 2020 and perform it by contacting the Bank customer care or visiting the closest Bandhan Bank branch.