United Bank Of India Gold Loan

United Bank Of India 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 United Bank of India Gold Loan:

  • Fast Processing: The validation and dispersion process of the United Bank of India Gold Loan is very fast and simple. The loan typically gets approved in an hour.
  • Minimal Documentation: The documentation process is nominal and smooth, the least number of documents are needed for the approval of the United Bank of India Gold Loan.
  • Transparent System: No undefined charges are enforced by us on the candidates, the United Bank of India Bank aims to continue to be fully honest to you.
  • Loan Amount: The countable loan amount reachable to customers is Rs. 15000. Mostly,  it can be less than Rs 10000 in remote areas.
  • Security of Jewelry: We are entirely accountable for the protection of your gold. Thus, your gold is kept in fire-proof vaults.
  • Loan Tenure: The term of the United Bank of India gold loan can be from 3 months to 2 years. You can make a selection of the tenure corresponding to your convenience.
  • Benefits for Farmers: United Bank of India Gold Loan provides some eminent and valuable offers for agricultural purposes besides low-interest rates.
  • No Debt Burden: Situations in which an applicant cannot repay the amount will not harm their reputation that is; they won’t be declared under mortgages.
  • No Income bounds: Anyone with any income range can apply for a gold loan in the United Bank of India. The United Bank of India does not categorize it on an income basis.

How Much Gold Loan can I Get through United Bank of India Gold Loan:

United Bank of India 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

 

United Bank of India Bank Gold Loan Eligibility:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

United Bank of India 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)

 

United Bank of India 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 United Bank of India Gold Loan:

Financial issues can be solved if you apply for the United Bank of India Gold Loan. the borrowers who are searching for the money to accomplish the desires or their emergencies can get help from the United Bank of India which is widely known for financial availability and affordability. Any individual can just forget their stress if they go for the loan approval process of the respective bank.

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

Types of United Bank of India Gold Loan:

  • Loan Against Gold – United Bank of India Gold Loan provides gold loans at an appealing rate of interest to meet anyone’s monetary emergencies personal or professional. The gold loan is a complete trust thus, the bank has no issues while giving the money to the individual so it is provided at a minimum rate of interest when compared to other types of loan merchandise.
  • Loan Against Gold for Agriculture – United Bank of India Gold Loan provides Gold Loans categorically for agriculture outcomes to farmers at a particular rate of interest as compared to gold loans given for other various uses. They are given exclusive offers and they have to hand the tertiary assertions to the bank.

United Bank of India 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 United Bank of India Gold Loan EMI?

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

United Bank of India Gold Loan Contact Number:

Dial 9878981144 for getting a second help with any queries concerning the United Bank of India Gold Loan.

Gold Ornaments Accepted by United Bank of India :

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

 

Use of United Bank of India Bank Gold Loan:

  • Personal or professional any goals can be accomplished by the amount received from the United Bank of India.
  • Business adventures can also be experienced by counting on to the available moeny.
  • Cultivators are the most profitable human when it comes to profit-driven services, they are given loans at minimum interest rates.

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 United Bank of India Gold Loan:

  • What is the United Bank of India Gold Loan?

The United Bank of India Gold Loan is a catering gold loan service to the needful applicants at an engaging interest rate.

  • How can I get the Gold Loan from the United Bank of India?

You can get the United Bank of India 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 the United Bank of India?

The Gold Loan rate in the United Bank of India is 7.11% per annum.

  • How much Gold Loan can I get per gram in the United Bank of India?

The per gram Gold Loan in the United Bank of India is ₹ 5,032 Per Gram.

  • How to check Gold Loan status in the United Bank of India?

Check and be updated about the gold loan status in United Bank of India by visiting the tracker web page and stay updated.

  • How to calculate Gold Loan Interest in the United Bank of India?

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

  • How to Pay the United Bank of India Gold Loan Interest Online?

Any applicant can pay the interest on the United Bank of India bank through net banking or else you can use Paytm.

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

On request for the augmentation of the customer in the reimbursement process, it is not done within 3 months then the United Bank of India Bank has the full accountability to put juridical charges against the client and confiscate their gold assets.

  • How can I apply for EMI Moratorium on the United Bank of India Gold Loan?

Demanding EMI Moratorium on United Bank of India Gold Loan presently between the 1st March and 31st August 2020 and perform it by contacting the United Bank of India client’s care or stopping over the closest United Bank of India branch.