Dena Bank Gold Loan

Gold Loan at 1%* p.m.

Apply & Get Instant Money

Dena 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

About Dena Bank gold Loan:

Are you just running out of money and do not have enough money to get a loan. If you are having good quantity and quality of gold, then you can easily apply and even get a loan from Dena Bank. Dena Bank Gold loan works only to benefit you and provide you money when you need it urgently. You need not worry about your gold as it is always safe with the bank.

Features of Dena Bank Gold loan:

  1. The loan disbursement is very fast in the bank.
  2. Minimum documents are required for disbursement of the loan.
  3. Improves customer service in a much shorter response turn around time.
  4. Absolute protected custody of gold ornaments by the bank
  5. Dena Bank will not ask the reason behind the gold loan; one can use this loan amount according to their requirement.
  6. After the approval of the loan, if the borrower has its complete documents, it can be disbursed quickly.
  7. The rates of interest provided by the Dena bank are quite affordable.
  8. Different forms of Gold ornaments accepted
  9. Dena Bank Gold Loan comes with competitive interest rates on Term Loan, Overdraft and EMI based loan. Repay your gold loan in easy lower EMIs, over a tenor of your choice.
  10. The documentation process is easy and simple.

Eligibility for Gold Loan:

  1. The first requirement is that the applicant must be a citizen of India to apply for the loan.
  2. On the other hand, the maximum age of the applicant is 70 years.
  3. Age of the customer should not be less than 18 years.
  4. Also, the quality of Gold should be between 18-22 karats.
  5. The Gold should be in an appropriate form.
  6. In addition to this, collateral Gold should be at least 10 grams minimum.
  7. The gold should be of the applicant or his family member.
  8. The gold should be of the required quality.

Documentation for Dena Bank Gold Loan:

The following documents are required for gold loan

  1. The whole process is very easy and simple. Documents required in the very simple form. You instantly get a gold loan after issuing the documents. Identity proof (Passport/Id card/voter card/driving license) can be any one of them. Everyone easily has these documents so there is no problem with the submission.
  2. Residence proof can be aadhar card, voter card, and passport (Passport/Id card/voter card/driving license). Electricity and water bill for the last three months because these are the proofs that you are residing in that particular place.
  3. Aadhar card provided by UIDAI that contains biometric details of the customers like age date of birth and photograph of the individual.
  4. 2 passport size photos, a passport is needed because a passport has a name, age, address and photograph of the customer. If you are having a passport then there is no need to bring your address proof separately.
  5. Driving license is also regarded as a proof of identity and residence proof because it contains the name, date of birth and a photograph of the customer.
  6. APAN card is the permanent account number that is provided to the customers and it prevents the financial frauds. So it can be an identity/residence proof. Pan card is very essential document under KYC (know your customer)

        Interest Rate and other Charges:

Loan amount Interest Rate
Upto 3 lakhs 12%
More than 3 lakhs to 1 crore MCLR + 3.3% = 12.80
Loan Amount Processing Fees
Upto Rs.50,000 nil
More than Rs. 50,000 0.75%

About Dena Bank:

Dena Bank used to be an Indian public Sector bank. But later on, an amalgamation occurred between Vijaya Bank and Bank of Baroda. Dena Bank was founded on on26 May 1938. In July 1969, Vijaya bank was one of the 13 banks which were nationalized.

How to apply on lendingwale?

We understand the value of your time, so here we are providing a convenient way to apply for the loan.

  1. You can apply for the Dena Bank Gold Loan from lendingwale.com.
  2. You just have to fill the Gold Loan form and you will get a call from our side automatically.
  3. Besides that, you may get some more concessions on the interest rates.
  4. Therefore there is no need to go to the bank.
  5. Even more, documents pick up facility from your doorstep is available.