Bandhan Bank Gold Loan Key Features
Bandhan Bank Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
Bandhan Bank Gold Loan Interest Rate | 10.99% per annum |
Bandhan Bank Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,268 |
Bandhan Bank Gold Loan Processing Fee | 1% of loan amount plus GST as applicable |
Bandhan Bank Gold Loan Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
Bandhan Bank Gold Loan Repayment Tenure | 6 Months to 36 Months |
Bandhan Bank Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of Bandhan Bank Gold Loan
- Fast Procedure: You can take a Gold Loan from Bandhan Bank effectively and quickly with no hindrances. The advance gets allowed in only an hour.
- Fewer Documents: The documentation movement is consistent here; fewer records are fundamental for the gold advance in Bandhan Bank.
- Transparent System: Bandhan Bank recommendations wide straightforwardness to their customer; and that is, there are no unidentified charges.
- Amount of Loan: The base measure of advance that Bandhan Bank can give to their customer is Rs. 15,000. Also, in rural regions, 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 insurance of your gold. A short time later, they kept the gold in flame-resistant wellbeing.
- Loan Tenure: The period of the Gold credit in Bandhan Bank can be from 3 months to 2 years. Subsequently, you can pick your extravagance in like manner.
- Profits for Ranchers: Bandhan Bank offers some various arrangements for agricultural purposes. Bandhan Bank offers an irrelevant 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 credit, in that case, the candidate won’t be under any obligations as the Bank will hold onto the candidate’s decorations.
- No Income fringes: There are no limitations on the compensation or pay of the candidate; from this time forward, anybody with any pay range can apply for a gold credit in Bandhan Bank.
How Much Gold Loan can I Get through Bandhan Bank Gold Loan?
Bandhan 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 |
Bandhan Bank Gold Loan Eligibility
Age |
18-70 years of age |
Nationality |
Indian |
Employment Status |
Salaried, Self-Employed |
Gold Quality |
Minimum 18 Carats |
Bandhan 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) |
Bandhan 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 Bandhan Bank Gold Loan
Life is brimming with stresses and fears. Therefore, you may require money to battle with budgetary issues throughout your life. You can get a Gold Loan from Bandhan Bank to battle with the monetary crisis. A gold advance is a sheltered advance. After, the individuals with diminished CIBIL score can likewise practically apply for this administration.
Nonetheless, there is a ton of financial Banking and non-Banking associations that may furnish you with the gold advance; however, Gold Loan is considered the best. Bandhan Bank appeared in 2015. It is one of the most misleading and relentless Banks in India. Likewise, it is known for its definite financial highlights. Here the exchanges are protected.
- Bandhan Bank Gold Loan Interest Rate is 10.99% per annum.
- Bandhan Bank Gold Loan Per Gram is ₹ 5,219
- Bandhan Bank Gold Loan Tenure: Up to 36 months
- Bandhan Bank Gold Loan Processing Fee is Up to 1% of the principal Loan Amount + GST.
Types of Bandhan Bank Gold Loan
Bandhan Bank offers a few plans partnered to the Gold Loan thing which are recorded beneath:
- Loan Against Gold – Bandhan Bank offers Gold Loan at fascinating advances are essential to fulfil anyone’s basic need of benefits under any circumstances, whether individual or expert. The gold credit is ensured about the sort of advances, and afterwards, the Bank has no peril in giving the whole 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 – Bandhan Bank offers Gold Loans unmistakably to cultivating industry purposes to farmers at an uncommon advance of premium when associated with gold credits 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.
Bandhan 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 Bandhan Bank Gold Loan EMI?
- Standing Instruction (SI): If you are recently an account holder with Bandhan Bank, Standing Instruction is an incredibly trustworthy strategy to pay. Your EMI whole will be attributed legitimately while in transit to the month’s conclusion to the month from Bandhan Bank account you show.
- Electronic Clearing Service (ECS): The program can be valuable in the occurrence that you have a non – Bandhan Bank and may require your EMIs to be charged consequently near the highest restriction of the month to month cycle from this record.
- Post-Dated Checks (PDC): You can introduce post-dated EMI examinations from a non-Bandhan Bank account at your closest Bandhan Bank Loan Center. Another strategy for PDCs ought to be open in an exact manner. It will be incredible in the appearance that you note Post Dated Checks will be gathered non-ECS states generally.
Bandhan Bank Gold Loan Contact Number
Call 9878981144 Also, get fast assistance and arrangement for your Bandhan Bank Gold Loan. You would now be able to know the exceptional recommendations on Gold Loan realistic from all Bandhan Bank Branches in everywhere on the nation to pick up the top arrangement connected by your necessities.
Gold Ornaments Accepted by Bandhan Bank
- Gold Jewelry – Gold Bangles, Gold rings, Gold anklets, Gold accessories, and so forth these are permissible by Bandhan 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 credit.
Use of Bandhan Bank Gold Loan
The advantages stable by benefiting Bandhan Bank Gold Loan office which can be utilized for abundant purposes like:
- To support any exact crowds like marriage, climbing, the portion of advanced education costs, and so on.
- For all your promoting necessities, for example, acquiring new gracefully, creating advertising, 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 agribusiness or related plans.
FAQs About Bandhan Bank Gold Loan
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What is Bandhan Bank Gold Loan?
Bandhan Bank Gold Loan is a credit framework that you can apply for pressing money related assistance by keeping your gold as wellbeing with the Bank. Additionally, it accompanies extraordinary financing costs on Term Loan, Overdraft, and EMI based advance. Standard Gold Loan payment time at Bandhan Bank is only 45 minutes.
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How can I get the Gold Loan from Bandhan Bank?
You can quickly get the Bandhan Bank Gold Loan by visiting any of the gold advance contribution parts of Bandhan Bank, or you can apply online with Loannow by merely sitting at your home and get the best arrangements and recommendations. Bandhan 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 Bandhan Bank?
The Gold Loan interest rate in Bandhan Bank is 10.99% per annum.
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How much Gold Loan can I get per gram in Bandhan Bank?
You can avail up to ₹ 5,219 Per Gram in Bandhan Bank Gold Loan.
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How to check Gold Loan status in Bandhan Bank?
To check your Bandhan Bank Gold Loan status all, you have to do is, visit the Bandhan Bank Loan Status Tracker page and fill your subtleties in the structure given there and you can follow the status creatively of your advance from home and stay refreshed.
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How to calculate Gold Loan Interest in Bandhan Bank?
You can figure the enthusiasm on your Bandhan Bank Gold Loan utilizing Loannow EMI Calculator which gives you secured sums dependent on the data you go into the number cruncher.
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How to Pay Bandhan Bank Gold Loan Interest Online?
You can pay Bandhan Bank Loan premium online through net Banking on the authority Bandhan Bank advance remuneration site page or something terrible might happen. You can likewise discount your Bandhan Bank Gold Loan on Paytm utilizing your chose instalment measure.
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What if I can’t pay the interest on Bandhan Gold Loan for 3 months?
On the off chance that you won’t pay your Gold Loan for a very long time, right off the bat, the Bank will help you to remember your due instalments. What’s more, from that point onward, If the instalment demands go dismissed, and embraced legal notification is sent requesting the remuneration to complete of the credit. Non-instalment on your Gold Loan will prompt a lessening of your financial assessment and makes you lawfully responsible for confronting legitimate activities by the Bank just as seizure and closeout of your gold.
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How can I apply for EMI Moratorium on Bandhan Bank Gold Loan?
You can apply now for an EMI Moratorium on Bandhan Bank Gold Loan between 1st March and 31st August 2020 and must be finished by conveying the Bank’s client care or by visiting the closest Bandhan Bank office.