ESAF Small Finance Bank Gold Loan

Gold Loan at 7.25% p.a

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ESAF Small Finance Bank Gold Loan Features

ESAF Small Finance Bank Gold Loan Loan Amount Up to Rs. 1 Crore (With Income Proof)
ESAF Small Finance Bank Gold Loan Interest Rate 7.25% per annum
ESAF Small Finance Bank Gold Loan Per Gram Rate Per Gram Today is ₹ 5,219
ESAF Small Finance Bank Gold Loan Processing Fee 1.50% of the Principal Loan Amount
ESAF Small Finance Bank Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
ESAF Small Finance Bank Gold Loan Repayment Tenure 3 Months to 24 Months
ESAF Small Finance Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages ESAF Small Finance Bank Gold Loan

  • Fast procedure: Get a gold loan from ESAF Small Finance Bank easily and quickly without hassle. The loan will be settled in just 60 minutes. 
  • A small number of documents: Documents are making steady progress. Less paperwork is required to get a gold loan from ESAF Small Finance Bank. 
  • Transparent system: ESAF Small Finance Bank offers clients a wide range of transparency. In other words, there are no unspecified charges.
  •  Loan Amount: The minimum loan amount that ESAF Small Finance Bank can offer to its clients is Rs. 15,000. In rural areas, it can be less than 10,000 rupees. 
  • Jewellery protection. It is important to note that the bank has full responsibility for protecting your money. After that, they kept the gold in a fireproof safe. 
  • Loan Term: The term of a gold loan from ESAF Small Finance Bank is three months to 2 years. Then you can choose your luxury accordingly. 
  • RancherProfit: ESAF Small Finance Bank offers several different deals for agricultural purposes. ESAF Small Finance Bank offers minimal interest rates on agricultural gold loans. 
  • No Debt: If the applicant is unable to repay the loan amount, the bank will confiscate only the applicant’s jewellery, which can lead to various situations such as the applicant not being in debt. 
  • No income boundaries: There are no restrictions on the applicant’s salary or income. From now on, anyone can apply for a gold loan from ESAF Small Finance Bank, regardless of the salary range. Life is full of anxiety and fear. Later you may need cash

How Much Gold Loan can I Get through ESAF Small Finance Bank Gold Loan 

ESAF Small Finance 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

 

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

Life is full of worries and fears. After that, you may need cash to deal with financial problems in your life. In this case, ESAF Small Finance Bank can offer you a gold loan to help you deal with the financial crisis. A gold loan is a safe loan. After that, people with a reduction in CIBIL can easily apply for this service.

However, there are many financial banking and non-banking institutions that can give you a gold loan, but gold loans are considered the largest. ESAF Small Finance Bank was established in 2017. It is one of the most deceptive and persistent banks in India. It is also known for its strong economic characteristics. Transactions are very safe here.

  • ESAF Small Finance Bank Gold Loan Interest Rate is 7.25% per annum
  • ESAF Small Finance Bank Gold Loan Per Gram is ₹ 5,219
  • 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 principal Loan Amount + GST

Types of ESAF Small Finance Bank Gold Loan

ESAF Small Finance Bank offers some schemes related to the Gold Credit element listed below:

  • Loans for Gold – ESAF Small Finance Bank offers Gold Loans in exciting steps that are important to meet the needs of all the critical asset, whether individual. Or professionally. The type of loan secures gold loans, and then the bank has no risk of giving all the loans to the applicant, so it will be given more slowly and best with a variety of loan items.
  • Loan instead of gold for agriculture – ESAF Small Finance Bank explicitly gives gold loans for agricultural purposes which are of rare interest when coupled with gold loans granted for various occasions. You will receive many offers, and at the time of taking the loan, you will have to show proof of land to the bank

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 have an account with ESAF Small Finance Bank, standing instruction is the most reliable payment method. Your total EMI will be logically credited to the ESAF Small Finance Bank account you specify by the end of the month.
  • Electronic Clearing Service (ECS): This program can be helpful in events where you have a non-ESAF Small Finance Bank and may require a fee for your EMI close to the monthly cycle limit of this dataset.
  • Post-dated check (PDC): You can deposit the post-dated EMI exam from a non-ESAF Small Finance Bank account to your nearest ESAF Small Finance Bank loan centre. another way

ESAF Small Finance Bank Gold Loan Contact Number

Call 9878981144 and get quick help and deal with your ESAF Small Finance Bank gold loan. Now you can find out about the Gold Loan Premium offers available at all ESAF Small Finance Bank branches across the country to get the best offer according to your requirements.

Gold Ornaments Accepted by ESAF Small Finance Bank

  • Quality: the gold standard must be between 18 and 22 carats. Any 24 karat gold trim cannot be used to borrow gold.
  • Gold Ornaments: ESAF Small Finance Bank accepts Gold Bangles, Gold Rings, Gold Anklets, Gold Necklaces etc. for a gold loan

Use of ESAF Small Finance Bank Gold Loan

Assets are fixed with the availability of ESAF Small Finance Bank’s Gold Loan Facility:

  • Funding in investments like marriage, climbing, higher education expenses.
  • For all your marketing needs, sourcing new supplies, marketing development, etc., access to a line of credit.
  • You can apply for a gold loan for agricultural ideas. The bank offers a small interest rate for gold loans used for agriculture or related projects

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.25% – 14.50%

ICICI Gold Loan

7.25% – 16.10%
Muthoot Finance Gold Loan

7.25% – 24.00%

Axis Bank Gold Loan

7.25% – 17.00%
Manappuram Gold Loan

7.25% – 26.00%

Yes Bank Gold Loan

7.25% – 15.99%
Bank of India Gold Loan

7.25% – 26.00%

Federal Bank Gold Loan 

7.25% – 13.50%
IIFL Gold Loan

7.25% – 12.00%

Central Bank of India Gold Loan

7.25% – 14.65%

Canara Bank Gold Loan

7.25% – 12.65%

Allahabad Bank Gold Loan

7.25% – 10.45%

Induslnd Bank Gold Loan

7.25% – 15.75%
PNB Gold Loan

7.25% – 11.75%

Bajaj Finance Gold Loan

7.25% – 26%
SBI Gold Loan

7.25% – 15.99%

Indian Bank Gold Loan

7.25% – 15.99%
UCO Bank Gold Loan

7.25% – 26.00%

Kotak Mahindra Bank Gold Loan

7.25% – 13.50%
Syndicate Bank Gold Loan

7.25% – 12.00%

 

FAQs About ESAF Small Finance Bank Gold Loan

  • What is the ESAF Small Finance Bank Gold Loan?

ESAF Small Finance Bank Gold Loan is a credit system that allows you to apply for urgent financial assistance by depositing gold in a bank as collateral. Besides, it offers high-interest rates on term loans, overdraft, and EMI-based loans. The expected withdrawal time for a gold loan at ESAF Small Finance Bank is only 45 minutes.

  • How can I get the Gold Loan from ESAF Small Finance Bank?

Visit ESAF Small Finance Bank’s Gold Loan branch to get ESAF Small Finance Bank’s Gold Loans fluently, or sit at home and get the best deals and suggestions to sign up for Loannow online. ESAF Small Finance Bank is one of India’s largest banks offering gold loan functionality.

  • What is Gold Loan Interest Rate in ESAF Small Finance Bank?

ESAF Small Finance Bank’s Gold Loan interest rate is 7.25% per year. Interest rates are affected by several factors: loan amount, loan terms, gold purity, relationship with ESAF Small Finance Bank.

  • How much Gold Loan can I get per gram in ESAF Small Finance Bank?

At ESAF Small Finance Bank, you can get gold credit per gram depending on the purity of your gold. ESAF Small Finance Bank has decided to borrow gold between 18 carats and 22 carats to offer gold loans. You can avail up to Rs 5,219 per gram in ESAF Small Finance Bank Gold Loan.

  • How to check Gold Loan status in ESAF Small Finance Bank?

To check your ESAF Small Finance Bank Gold Loan status, all you have to do is visit the ESAF Small Finance Bank Loan Status Tracker website and fill in your details in the form provided. You can imaginatively track the form and from where You can find out the status of your loan while you live.

  • How to calculate Gold Loan Interest in ESAF Small Finance Bank?

You can calculate interest on your ESAF Small Finance Bank Gold Loan using the Loannow EMI Calculator, which will provide you with safe funds based on the information you put into the calculator.

  • How to Pay ESAF Small Finance Bank Gold Loan Interest Online?

You can pay the interest of ESAF Small Finance Bank loan online through net banking on ESAF Small Finance Bank’s official loan settlement website, or you can repay your ESAF Small Finance Bank Gold loan on Paytm using your payment method.

  • What if I can’t pay the interest on ESAF Small Finance Gold Loan for 3 months?

If you do not pay the gold loan for three months, the bank will first notify you of the due payments. After that, if the payment request is not taken into account, a confirmed legal notice will be sent requesting compensation and termination of the loan. Failure to pay a gold loan will reduce your creditworthiness and will result in legal liability for the legal actions taken by the bank and for the foreclosure and auction of gold.

  • How can I apply for EMI Moratorium on ESAF Small Finance Bank Gold Loan?

You can apply for the ESAF Small Finance Bank Gold Loan EMI Moratorium between March 1st and August 31st, 2020. it must be done by notifying the bank’s customer service department or by visiting the nearest branch of ESAF Small Finance Bank.