DCB Bank Gold Loan

Gold Loan at 1%* p.m.

Apply & Get Instant Money

DCB Bank Gold Loan Key Features – Apply Now!

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

Advantages of DCB Bank Gold Loan:

  • Quick Processing: DCB Bank processes the loan speedily and disbursing the amount safely. In total 60 minutes is needed.
  • Minimal Documentation: All the important records required for passing a gold loan should be available.
  • Transparent System: The DCB Bank has a principled ideology of no hidden charges.
  • Loan Amount: The total of advance given to the applicants is Rs. 15000 that goes to Rs. 10000 for those who are growing in rural zones.
  • Security of Jewelry: DCB Bank acts as a strong arm while protecting the gold. Also, gold assets should be stored in fire-proof areas.
  • Loan Tenure: The advance interval in DCB Bank is from 3 months to 2 years. One should act in agreeing to the financial conditions.
  • Advantages for Farmers: Happiest are the farmers who are given such exclusive offers counting to the cheap interest rate.
  • No Debt Trouble: Allegations stating debts are not processed by the bank if the customers have not reimbursed the loan amount.
  • No Income bounds: DCB Bank does not show much concern on income or salary of any individual, it avails loan on that basis of the availability of gold.

 

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

DCB 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

 

DCB Bank Gold Loan Eligibility:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

DCB 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)

 

DCB 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 DCB Bank Gold Loan:

DCB Bank is a new generation private sector commercial bank. It was founded in the year 1930 and headquartered in Mumbai, India. The bank has enormous banking services that are feasible and easily processed. In DCB Bank, a gold loan is given at a minimal banking rate with good financing. The bank provides honest bankroll utility.

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

Types of DCB Bank Gold Loan:

  • Loan Against Gold –DCB Bank provides credits to the clients at the smallest premium and this is because the bank realized easiness in lending these penniless individuals a huge amount of money. As we all are aware that the Gold Loan is a secured loan than the other loans used for various uses.
  • Loan Against Gold for Agriculture – DCB Bank gives away several exceptional contributions to the land cultivators in addition to the interest at less price. Thus, tertiary affirmations should be given to the bank for which they are taking a loan.

DCB 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 DCB Bank Gold Loan EMI?

  • Standing Instruction (SI): If you are directly an account holder with DCB Bank, then Standing Instruction is perfect and the honorable process for compensation. Your EMI is credited at the end of every month from the DCB Bank account.
  • Electronic Clearing Service (ECS): This proceeding should take place only and only if you have a non-DCB Bank record and probably need your EMIs to be charged from the present record.
  • Post-Dated Checks (PDC): You can propose your post-dated EMI details from a non-DCB Bank financial statement at your nearest DCB Bank loan Center. New PDC needs to be shown urgently.

DCB Bank Gold Loan Contact Number:

Dial 9878981144 for discoursing more about DCB Bank Gold Loan best deals, and offers available in each branch of DCB Bank.

Gold Ornaments Accepted by DCB Bank :

  • Gold Jewelry-  DCB Bank allows gold as in, Gold Bangles, Gold bands, Gold anklets, Gold necklaces, etc. all of these ornaments.
  • Quality- The pureness of gold and quality of the gold lie between 18-22 carats.

 

Use of DCB Bank Gold Loan:

  • Funds received from DCB Bank Gold Loan is of usage in paying individual expenses like education expenses, travel expenses, housing, hiking, etc.
  • Executing business ideas and promoting it on regular basis in various places.
  • Farmers need funds for agricultural ideas like gardening, cultivation, etc.

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 DCB Bank Gold Loan:

  • What is DCB Bank Gold Loan?

The DCB Bank Gold Loan introduces a money-lending facility where an individual is given funds in exchange for the gold. The credit will be allotted at a lower rate of interest and has the least paperwork.

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

 DCB Bank Gold Loan can be received by visiting any of the gold loan approving branches in India; otherwise, you can apply online with lendingwale conveniently from your home.

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

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

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

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

  • How to check Gold Loan status in DCB Bank?

Review the gold loan status in DCB Bank by visiting the DCB Bank loan status tracker web page and stay updated.

  • How to calculate Gold Loan Interest in DCB Bank?

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

  • How to Pay DCB Bank Gold Loan Interest Online?

Internet Banking is a payment method. Any applicant can pay the interest on the respective bank through net banking or else you can use Paytm or any of your most favorable methods.

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

On request for the augmentation of the customer in the repayment process, it is not done within 3 months then the DCB Bank has the full liability to put a juridical complaint against the client and confiscate their gold assets.

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

Demand EMI Moratorium on DCB Bank Gold Loan presently between the 1st March and 31st August 2020 and pull off by contacting the Bank client’s care or stopping over the closest DCB Bank branch.