Jammu and Kashmir Bank Gold Loan

Jammu and Kashmir Bank Gold Loan Key Features

Advantages of Jammu and Kashmir Bank Gold Loan:

• Active Mechanism: Jammu and Kashmir Bank Gold Loan is distributed evenly and at a speed. The loan gets approved in an hour.
• Lesser Documents: The Jammu and Kashmir Bank want significant details thus, it asks for the documents needed.
• Vitreous Structure: The Jammu and Kashmir Bank is transparent with no supplementary charges system.
• Amount of Loan: The figurative amount of loan given is Rs. 15000. Also, Jammu and Kashmir bank gives Rs. 10000 to pastoral beings.
• Safety of Jewellery: Well-being if the ornaments are in the Jammu and Kashmir bank’s security.
• Loan Tenure: The Jammu and Kashmir Bank gold loan is provided between 3 months to 2 years, rest it on you when to avail for it and when not to.
• Benefits for Farmers: Jammu and Kashmir Bank carries exclusive profit-driven ideas to the farmers.
• No Debt Burden: Situations occur when you are unable to repay the amount to the Jammu and Kashmir Bank. No need to be tensed, the Jammu and Kashmir bank will keep your ornaments for a specific period.
• No Income Bounds: Jammu and Kashmir Bank provides loans to every individual no matter what income group they belong to.

How Much Gold Loan can I Get through Jammu and Kashmir Bank Gold Loan:

Jammu and Kashmir Bank Gold Loan Per Gram – Updated September 2020

Jammu and Kashmir Gold Loan Eligibility:

Jammu and Kashmir Bank Gold Loan Documents Required:

Jammu and Kashmir Gold Loan Interest Rate, Fees, and Charges:

About Jammu and Kashmir Bank Loan:

Gold Loan is a loan provided by Jammu and Kashmir Bank to meet the financial needs. The candidate submits the ornaments in the bank as security in the loan sum. Jammu & Kashmir is a private sector bank, and its headquarter is in Srinagar and was established on 1st October 1938. It provides dedicated assistance to its customers and allows them to recollect the gold when the amount is repaid without any loss.

• Jammu & Kashmir Gold Loan Interest Rate is7.25% per annum
• Jammu & Kashmir Gold Loan Per Gram is ₹5,219
• Jammu & Kashmir Gold Loan Tenure: Up to 24 months
• Jammu & Kashmir Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Jammu and Kashmir Bank Gold Loan:

• Loan Against Gold – Gold Loan as a secured loan for people grants money to them when they are penniless but burdened with responsibilities. Jammu and Kashmir Gold Loan are different from other groups of loans as compared to the banking rate. The bank is not tensed in lending sum to the needy people as it offers interest at a minimal rate.
• Loan Against Gold for Agriculture – Jammu and Kashmir Bank provides Gold Loans commonly for agrarian goals to farmers at a remarkable banking rate as compared to gold loans given for other uses. They are given special offers and you need to give the bank Land credentials for which you are taking the Loan.

Jammu and Kashmir Bank Gold Loan EMI Calculator:

How to Pay Your Jammu and Kashmir Gold Loan EMI?

• Standing Instruction (SI): If you are a current account holder with Jammu and Kashmir Bank, Standing Instruction is the most believable method of compensation. Your EMI amount will be credited automatically towards the month to month lasting period from the Jammu and Kashmir Bank account you show.
• Electronic Clearing Service (ECS): This function can proceed if you have a non-Jammu and Kashmir Bank record and might need your EMIs to be charged wherefore monthly from this account.
• Post-Dated Checks (PDC): You can introduce post-dated EMI evaluations from a non-Jammu and Kashmir Bank statement at your closest Jammu and Kashmir Bank Loan Center. A new version of PDCs should be presented immediately.

Jammu and Kashmir Bank Gold Loan Contact Number

Call 9878981144 and have an immediate conversation regarding the best offers on Gold Loan available from all the Jammu and Kashmir Bank Branches throughout the nation to avail of the best stock sufficient to meet your needs.

Gold Ornaments Accepted by Jammu and Kashmir Bank

• Gold Jewellery:  Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of these are agreed by Bank for availing a Jammu and Kashmir Gold Loan.
• Quality: The quality of gold must be from 18 Carat to 22 Carat. Any gold ornament which is 24 Carat, is not allowed for availing a gold loan.

Use of Jammu and Kashmir Gold Loan:

• Invest money for personal use such as traveling, fee submission, etc.
• Spend the money for business use like developing, selling, etc.
• Invest it in farming purposes like cultivation.

FAQs About Jammu and Kashmir Bank Gold Loan

• What is Jammu and Kashmir Bank Gold Loan?

Jammu and Kashmir Bank Gold Loan helps in getting a credit against gold gems. Gold loans are nominal and affordable as compared to personal loans.

• How can I get the Gold Loan from Jammu and KashmirBank?

You can get Jammu and Kashmir Bank Gold Loan by visiting any of the gold advance centers of Jammu and Kashmir Bank or you can apply online with loannow from the comforts of your home.

• What is Gold Loan Interest Rate in Jammu and Kashmir Bank?

The Gold Loan Interest Rate in Jammu and Kashmir Bank is 7.25% per annum.

• How much Gold Loan can I get per gram in Jammu and Kashmir Bank?

You can profit up to ₹ 5,219 Per Gram in Jammu and Kashmir Bank Gold Loan.

• How to check Gold Loan status in Jammu and Kashmir Bank?

The tracker website page is available for the applicants to check their gold loan status in Jammu and Kashmir bank or you can just visit the nearest branch of the bank.

• How to calculate Gold Loan Interest in Jammu and Kashmir Bank?

You can calculate the correct value of gold loan interest based on your entered data by using the EMI calculator.

• How to Pay Jammu and Kashmir Bank Gold Loan Interest Online?

You can pay Jammu and Kashmir Gold Loan interest online through Paytm or net banking.

• What if I can’t pay the interest on Jammu and Kashmir Gold Loan for 3 months?

In case you haven’t paid interest on Jammu and Kashmir Gold Loan for 3 months, you will be helped in the beginning and asked generously for paying the pending dues. But if the hearing remains muted then the bank will officially put the legal charges on you and will seize the ornaments.

• How can I apply for EMI Moratorium on Jammu and Kashmir Gold Loan?

Applying for EMI Moratorium on Jammu and Kashmir Gold Loan first March and 31st August 2020 and must be completed by contacting the Bank client care or visiting the closest Jammu and Kashmir Bank office.