RBL 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 RBL Bank Gold Loan
- Fast Procedure: You can take a Gold Loan from RBL Bank effectively and rapidly with no snags. The advance gets allowed in only an hour.
- Fewer Documents: The documentation movement is consistent here; fewer archives are essential for the gold advance in RBL Bank.
- Transparent System: RBL Bank proposition wide straightforwardness to their customer; and that is, there are no unidentified charges.
- Amount of Loan: The base measure of credit that RBL Bank can give to their customer is Rs. 15,000. What’s more, in country areas, it very well maybe not as much as Rs 10,000.
- Protection of Jewelry: One significant thing to note is that the Bank takes the entire responsibility for the assurance of your gold. After that, they kept the gold in flame-resistant wellbeing.
- Loan Tenure: The period of the Gold credit in RBL Bank can be from 3 months to 2 years. Subsequently, you can pick your extravagance as needs are.
- Profits for Ranchers: RBL Bank offers some various arrangements for agricultural purposes. RBL Bank offers an unimportant Gold Loan financing cost for agronomic purposes.
- No Debt Issue: There can be a situation like in which if a candidate can’t reimburse the measure of advance, in that occurrence the candidate won’t be under any obligations as the Bank will hold onto the candidate’s adornments.
- No Income fringes: There are no limitations on the payor pay of the candidate; from now on, anybody with any pay range can apply for a gold credit in RBL Bank.
How Much Gold Loan can I Get through RBL Bank Gold Loan?
RBL 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 |
RBL Bank Gold Loan Eligibility
Age | 18-70 years of age |
Nationality | Indian |
Employment Status | Salaried, Self-Employed |
Gold Quality | Minimum 18 Carats |
RBL 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) |
RBL 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 RBL Bank Gold Loan
Life is loaded with stresses and fears. Along these lines, you may require money to battle with monetary issues throughout your life. You can get a Gold Loan from RBL Bank to battle with the financial crisis. A gold credit is a sheltered advance. After, the individuals with diminished CIBIL score can likewise apply for this administration.
Nonetheless, there is a ton of monetary Banking and non-Banking associations that may furnish you with the gold credit. However, Gold Loan is considered the best. RBL Bank appeared in 1943. It is one of the most beguiling and relentless Banks in India. Likewise, it is known for its definite monetary highlights. Here the exchanges are exceptionally sheltered.
- RBL Bank Gold Loan Interest Rate is 7.11% per annum
- RBL Bank Gold Loan Per Gram is ₹ 5,032
- RBL Bank Gold Loan Tenure: Up to 24 months
- RBL Bank Gold Loan Processing Fee is Up to 1.50% of the principal Loan Amount + GST
Types of RBL Bank Gold Loan
RBL Bank offers a few plans associated with the Gold Loan thing which are recorded underneath:
- Loan Against Gold – RBL Bank offers Gold Loan at intriguing advances are imperative to fulfil anyone’s basic need of benefits in any way, shape or form whether individual or expert. The gold credit is ensured about the sort of advances, and afterwards, the Bank has no peril in giving the total to the candidate, so it is given at a more slow advance of best when related with various kinds of Loan things.
- Loan Against Gold for the Farming business – RBL Bank offers Gold Loans obviously to cultivating industry purposes to farmers at an uncommon advance of premium when associated with gold advances given for various prospects. They are given various offers, and at the hour of taking the credit, you need to give the Bank your Property proof.
RBL 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 RBL Bank Gold Loan EMI?
- Standing Instruction (SI): If you are a recent record holder with RBL Bank, Standing Instruction is an incredibly trustworthy technique to pay. Your EMI sum will be attributed intelligently while in transit to the month’s conclusion to month time span from RBL Bank account you show.
- Electronic Clearing Service (ECS): The program can be valuable in the occurrence that you have a non – RBL Bank and may require your EMIs to be charged consequently near the most noteworthy restriction of the month to month cycle from this record.
- Post-Dated Checks (PDC): You can introduce post-dated EMI examinations from a non-RBL Bank account at your closest RBL Bank Loan Center. Another strategy for PDCs ought to be available in an exact manner. It will be extraordinary in the indication that you note Post Dated Checks will be gathered non-ECS states generally.
RBL Bank Gold Loan Contact Number
Call 9878981144 get fast assistance and understanding for your RBL Bank Gold Loan. You would now be able to know the top-notch proposition on Gold Loan realistic from all RBL Bank Branches in everywhere on the nation to pick up the top arrangement connected by your prerequisites.
Gold Ornaments Accepted by RBL Bank
- Gold Jewelry – Gold Bangles, Gold rings, Gold anklets, Gold neckbands, and so on these are suitable by RBL Bank to take a Gold Loan.
- Quality – The nature of gold must be in the middle of 18 Carat to 22 Carat. Any gold adornment, which is 24 Carat, can’t be utilized to take a gold advance.
Use of RBL Bank Gold Loan
The advantages stable by profiting RBL Bank Gold Loan office which can be utilized for copious purposes like:
- To support any exact crowds like marriage, climbing, the portion of advanced education costs, and so forth.
- For all your promoting necessities, for example, acquiring new flexibly, creating showcasing, and so forth., credit office is open.
- You can likewise apply for Gold Loan for agrarian thoughts. The Bank gives minor charges of enthusiasm for Gold Loans that are utilized for farming or related plans.
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 RBL Bank Gold Loan
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What is RBL Bank Gold Loan?
RBL Bank Gold Loan is a credit framework that you can apply for earnest budgetary assistance by keeping your gold as security with the Bank. Additionally, it accompanies extraordinary financing costs on Term Loan, Overdraft, and EMI based credit. Standard Gold Loan payment time at RBL Bank is only 45 minutes.
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How can I get the Gold Loan from RBL Bank?
You can smoothly get the RBL Bank Gold Loan by visiting any of the gold advance contribution parts of RBL Bank, or you can apply online with LendingWale by merely sitting at your home and get the best arrangements and proposition. RBL Bank is one of the significant Banks in India that offers Gold Loan highlights.
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What is Gold Loan Interest Rate in RBL Bank?
The financing cost for the Gold Loan in RBL Bank is 7.11% per annum. The pace of premium is dependent upon a few components, to be specific: advance sum, credit time-frames, immaculateness of gold, and meaning with RBL Bank.
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How much Gold Loan can I get per gram in RBL Bank?
The per gram Gold Loan in RBL Bank that you can get relies upon the virtue of your gold. RBL Bank chose to take the gold of virtue between 18 carats to 22 carats to offer a Gold Loan. You can benefit up to ₹ 5,032 Per Gram in RBL Bank Gold Loan.
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How to check Gold Loan status in RBL Bank?
To check your RBL Bank Gold Loan status all, you have to do is, visit the RBL Bank Loan Status Tracker page and fill your subtleties in the structure given there and you can follow the status ingeniously of your credit from habitation and stay refreshed.
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How to calculate Gold Loan Interest in RBL Bank?
You can ascertain the enthusiasm on your RBL Bank Gold Loan utilizing LendingWale EMI Calculator which gives you secured sums dependent on the information you go into the adding machine.
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How to Pay RBL Bank Gold Loan Interest Online?
You can pay RBL Bank Loan premium online through net Banking on the authority RBL Bank credit remuneration page. The consequences will be severe, and you can likewise discount your RBL Bank Gold Loan on Paytm utilizing your chose instalment measure.
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What if I can’t pay the interest on RBL Bank Gold Loan for 3 months?
If you don’t pay your Gold Loan for a very long time, initially, the Bank will help you to remember your due instalments. What’s more, from that point forward, If the instalment demands go ignored an embraced legitimate notification is sent requesting the payment to complete of the advance. Non-instalment on your Gold Loan will prompt a lessening of your credit rating and makes you legitimately responsible for confronting lawful activities by the Bank just as seizure and closeout of your gold.
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How can I apply for EMI Moratorium on RBL Bank Gold Loan?
You can apply for an EMI Moratorium on RBL Bank Gold Loan now between first March and 31st August 2020 and must be finished by conveying the Bank’s client care or by visiting the closest RBL Bank office.
