UCO 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 UCO Bank Gold Loan
- Quick Procedure: You might take An Gold advance from UCO bank effortlessly, furthermore rapidly without At whatever obstacles. The advance gets allowed previously, exactly in 60 minutes.
- Fewer Documents: the documentation progression may be enduring here; fewer documents need aid necessary for those gold advance for UCO bank.
- Transparent System: UCO bank proposals totally transparency to their client; What’s more that is, there would be no unidentified charges.
- sum about Loan: those base measure from claiming advance that UCO bank camwood provides to their customer will be Rs. 15,000. And, On country districts, it could be short of what Rs 10,000.
- Insurance from claiming Jewellery: one significant relic should note maybe that that bank takes the entire responsibility for the security for your gold. Afterwards, they kept those gold for fire-proof safety.
- Advance Tenure: that time-period of the Gold advance done UCO bank might make starting with three months to 2 years. Afterwards, you might pick your extravagance as needs are.
- Benefits for Ranchers: UCO bank offers some distinctive arrangements for agriculture purposes. UCO Bank offers Gold credit investment rate for agromania purposes.
- No-obligation Issue: their camwood is a situated from claiming condition such as on which, If a candidate is not capable to repayable the measure about Loan, in that example that candidate won’t get a chance to be under whatever debts Concerning illustration that bank will seize those applicant’s adornments.
- No pay borders: there needs aid no confinements on the compensation or pay of the applicant; henceforth, anybody for any compensation goes might apply to gold advance over UCO bank.
How Much Gold Loan can I Get through UCO Bank Gold Loan?
UCO 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 |
UCO Bank Gold Loan Eligibility
Age | 18-70 years of age |
Nationality | Indian |
Employment Status | Salaried, Self-Employed |
Gold Quality | Minimum 18 Carats |
UCO 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) |
UCO 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 UCO Bank Gold Loan
Life is full from claiming worries Also apprehensions. Subsequently, you might requirement trade on battle with budgetary issues in your term. In that case, you could get a Gold advance starting with UCO bank will battle with that monetary crisis. A gold credit will be An safe credit. After, the individuals for diminished CIBIL score could also basically apply for this administration.
However, there is a considerable measure from claiming monetary saving money and non-Banking associations that might give acceptable you with the gold loan, Be that Gold advance is acknowledged the best. UCO bank went under presence over 1943. It is a standout amongst those The more significant part beguiling and constant banks over India. Also, it may be known for its stable investment features. Here the transactions are precisely sheltered.
- UCO Bank Gold Loan Interest Rate is 7.11% per annum
- UCO Bank Gold Loan Per Gram is ₹ 5,032
- UCO Bank Gold Loan Tenure: Up to 24 months
- UCO Bank Gold Loan Processing Fee is Up to 1.50% of the principal Loan Amount + GST
Types of UCO Bank Gold Loan
- Loan Against Gold – Indian Bank provides loans against gold at an engaging price of interest so that the bank can supply you handsomely to meet the needs of personal and experts interests. It is uncomparable to other banks with its greatest monetary services.
- Loan Against Gold for Agriculture – Indian Bank imparts Gold Loans to the cultivators at a minimum rate of interest along with the pleasing offers. The borrowers are requested to provide the land affirmations to take loans.
UCO 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 UCO Bank Gold Loan EMI?
Development Credit Bank Gold Advance is stipendiary within the entirely different following ways:
- Standing Instruction (SI): If you’re an account holder with UCO Bank presently, then Standing directions is that the most opted technique of compensation. Toward the top of the monthly amount, the EMI quantity is attributable from the somebody’s UCO Bank checking to account the applicant shows.
- Electronic Clearing Service (ECS): This theme is for the candidates have a non-Development UCO record and also the EMIs have to be compelled to be debited consequently at the top of the monthly cycle from this account.
- Post-Dated Checks (PDC): The somebody will gift post-dated EMI examine from the non-UCO Bank statement at your near UCO Bank loan Center. Instantly, the restructure of PDCs ought to be conferred. For ideal condition, it’s suggested to notice Post Dated Checks which can be collected non-ECS states because it was
UCO Bank Gold Loan Contact Number
Call 9878981144 and get instant help regarding UCO Bank Gold Loan schemes and offers.
Gold Ornaments Accepted by UCO Bank
- To use the gold loan, the UCO Bank approves Gold Jewellery, gold bracelets, gold bracelets, gold bracelets, gold necklaces, etc.
- Quality: Between 18 and 22, carats should be the gold standard. When making an application for a gold loan, 24-carat gold ornaments can’t be used.
Use of UCO Bank Gold Loan
The fund that is obtained by UCO Bank Gold Loan services can be used for several purposes:
- Fund for any appropriate investments such as hiking, marriage, payment of higher tuition fees, etc.
- Loan services are available for marketing essentials like acquiring fresh supply, developing marketing, etc.
- Supplementary Gold Loan can also be availed for horizontal ideas. The bank provides a lower rate of interest for Gold Loans that are available for farming or related projects.
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 UCO Bank Gold Loan
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What is UCO Bank Gold Loan?
For any financial emergency, you can take a gold loan from UCO Bank as it is one of the leading banks in India, and the payout time in UCO Bank is just 45 minutes.
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How can I get the Gold Loan from UCO Bank?
You can apply online with Lendingwale from anywhere in the country, and you can also get the best deals and offers regarding loans. And if you don’t want to apply online, you can visit the nearest branch of UCO Bank.
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What is Gold Loan Interest Rate in UCO Bank?
The gold loan interest rate in UCO Bank is 7.11% per year.
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How much Gold Loan can I get per gram in UCO Bank?
You can get Rs5,032 per gram in UCO Bank, but it completely depends on the pureness of your gold ornaments, the quality of gold must be in between 18 to 22 carats.
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How to check Gold Loan status in UCO Bank?
To check the status of the gold loan, you need to check the UCO Bank Loan Status Tracker and fill the details in the given form and stay updated.
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How to calculate Gold Loan Interest in UCO Bank?
To calculate the gold loan interest in UCO Bank, you have to fill the data in LendingWale EMI Calculator for the exact data.
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How to Pay UCO Bank Gold Loan Interest Online?
You can pay the loan interest via Paytm, or you can pay through net banking on the official website of UCO Bank.
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What if I can’t pay the interest on UCO Bank Gold Loan for 3 months?
If you do not pay the interest for 3 months Continuously, then the bank will give send you a legal notice regarding the due payments. If it goes unnoticed, then the UCO bank will seize your ornaments, and it will take legal action against you, and you will be responsible for the same.
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How can I apply for EMI Moratorium on UCO Bank Gold Loan?
You can visit the nearest branch of UCO Bank, or you can contact to customer’s care number and the date to apply for an EMI Moratorium is 1st March and 31st august 2020.
