ESAF Small Finance 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 |
Advantages of ESAF Small Finance Bank Gold Loan:
- Quick Processing: ESAF Small Finance Bank serves its customers with calmness and briskness serviceability. It passes its loan in one hour.
- Minimal Documentation: Small number of records are enforced by the ESAF Small Finance Bank for the completion of the loan disbursal process.
- Transparent System: ESAF Small Finance Bank has a fine structure that does not involve any unspecific fess.
- Loan Amount: The amount of loan that ESAF Small Finance Bank gives to its customers is Rs. 15000 and the value descends to the provincial areas, that is; Rs. 10000.
- Security of Jewelry: Responsibility of the jewels is necessarily required in the ESAF Small Finance Bank for the protection of your gold ornaments.
- Loan Tenure: The time-period of the gold loan in the ESAF Small Finance Bank is from 3 months to 2 years. The applicant can choose it conferring its needs and happiness.
- Advantages for Farmers: Farmers are rewarded with some profitable presents that will aid them in performing cultivation activities.
- No Debt Trouble: If the applicant is incapable of recompensing the advance then the ESAF Small Finance bank instead of accusing debt it should only catch hold of their gold embroideries for a certain period.
- No Income bounds: The stipend of any individual does not determine their capability of availing for a loan because ESAF Small Finance Bank searches for gold.
How Much Gold Loan can I Get through ESAF Small Finance Bank Gold Loan:
ESAF Small Finance Bank Gold Loan Per Gram – Updated September 2020
Updated - Gold Loan Per Gram Rate |
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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 |
ESAF Small Finance Bank Gold Loan Eligibility:
Age |
18-70 years of age |
Nationality |
Indian |
Employment Status |
Salaried, Self-Employed |
Gold Quality |
Minimum 18 Carats |
ESAF Small Finance 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) |
ESAF Small Finance 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 ESAF Small Finance Bank Gold Loan:
ESAF( Evangelical Social Action Forum) is an Indian small finance bank allocating financial helplines and gold loans to the customers. It has begun its operation in the year 1992. There are millions of people longing for funds to meet their short-term and long-term desires thus, ESAF Small Finance Bank has started the loaning scheme at the slightest rate premium. It is suggested for the great client-service as a banking company and this alters from other banking and non-banking companies.
- ESAF Small Finance Bank Gold Loan Interest Rate is 7.11% per annum
- ESAF Small Finance Bank Gold Loan Per Gram is ₹ 5,032
- ESAF Small Finance Bank Gold Loan Tenure: Up to 24 months
- ESAF Small Finance Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of ESAF Small Finance Bank Gold Loan:
- Loan Against Gold – ESAF Small Finance Bank Gold Loan is known for its steady and credible commercial helpline. Gold Loans are dispensed to the helpless and penniless people so that they can fulfill the requirements of their families. The ESAF Small Finance Bank faces no trouble while lending such a huge amount to the people as the interest rate is minimal.
- Loan Against Gold for Agriculture – ESAF Small Finance Bank alleviates the tenders of the tertiary with some enthralling goods and services adjoining to the funding policy at a shallow rate of interest. The ESAF Small Finance Bank long for the land evidence for which you are taking the loan.
ESAF Small Finance 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 ESAF Small Finance Bank Gold Loan EMI?
- Standing Instruction (SI): If you are at present a member with ESAF Small Finance Bank and you are looking for a refunding methodology then Standing Instruction is the most reliable method. This further credits your EMI from the ESAF Small Finance Bank record.
- Electronic Clearing Service (ECS): This event is staged only and only if you have a non-ESAF Small Finance account and you wish to owe your EMI from the current account.
- Post-Dated Checks (PDC): Submit your post-dated EMI appraisals from a non-ESAF Small Finance Bank financial statement at your nearby ESAF Small Finance Bank loan Center. Different PDCs should be presented from time to time.
ESAF Small Finance Bank Gold Loan Contact Number:
Dial 9878981144 to acquire knowledge regarding ESAF Small Finance Bank Gold Loan offers and interesting prices available in every branch of ESAF Small Finance Bank across the nation.
Gold Ornaments Accepted by ESAF Small Finance Bank :
- Gold Jewelry- Gold Bangles, Gold bands, Gold anklets, Gold necklaces, etc. all of these ornaments are agreed by ESAF Small Finance Bank for availing a Gold Loan.
- Quality- Quantitative value of gold can be 18-22 carats but should not exceed above the mentioned value.
Use of ESAF Small Finance Bank Gold Loan:
- For sole beneficence like education expense, traveling, housing, etc can be done by the amount received from ESAF Small Finance Bank Gold Loan.
- Commercial aspirations can also be fulfilled and likewise, you can grow your market easily with such a huge amount.
- Farmers should not take much worry about agricultural tasks, it will be done as we have sufficient money.
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 ESAF Small Finance Bank Gold Loan:
-
What is the ESAF Small Finance Bank Gold Loan?
The ESAF Small Finance Bank Gold Loan performs this gold loan practice in which thew customers take the gold in the bank and came back with a gold loan at an affordable interest rate.
-
How can I get the Gold Loan from ESAF Small Finance Bank?
You can get the ESAF Small Finance Bank Gold Loan 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 ESAF Small Finance Bank?
The Gold Loan rate in ESAF Small Finance Bank is 7.11% per annum.
-
How much Gold Loan can I get per gram in ESAF Small Finance Bank?
The per gram Gold Loan in ESAF Small Finance Bank is ₹ 5,032 Per Gram.
-
How to check Gold Loan status in ESAF Small Finance Bank?
Revise the gold loan status in ESAF Small Finance Bank by visiting the ESAF Small FinanceBank loan status tracker web page and stay updated.
-
How to calculate Gold Loan Interest in ESAF Small FinanceBank?
Estimations of gold loan interest in the ESAF Small Finance Bank can be concluded using the EMI calculator.
-
How to Pay ESAF Small Finance Bank Gold Loan Interest Online?
Internet Banking is a new way of payment. 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 ESAF Small FinanceBank Gold Loan for 3 months?
The customers should be aware of the consequences of not paying the interest on time, ESAF Small Finance Bank will at first file a legal complaint against the client and also will keep the gold decoration with them
-
How can I apply for EMI Moratorium on ESAF Small FinanceBank Gold Loan?
Apply for EMI Moratorium on ESAF Small Finance Bank Gold Loan presently between the 1st March and 31st August 2020 and perform it by calling the Bank client’s care or stopping over the closest ESAF Small FinanceBank branch.