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Kaveri Grameena Bank Gold Loan

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    Kaveri Grameena Bank Gold Loan Key Features

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

    Advantages of Kaveri Grameena Bank Gold Loan:

    • Active Mechanism: Kaveri Grameena Bank Gold Loan gives fast approval and easy access to the services. The credit gets passed in an hour.
    • Minor Credentials: Documents required for the Kaveri Grameena Bank Gold loan approval should be minimum as only necessary documents are recommended.
    • Vitreous Structure: The Kaveri Grameena bank has a fine structure that says no to any covered charges.
    • Amount of Loan: The amount of loan given by the Kaveri Grameena bank is a maximum of Rs. 15000 while it descends for pastoral living beings to Rs. 10000.
    • Safety of Jewellery: Jweleries are precious to everyone and Kaveri Grameena Bank Gold Loan applicants keep their treasure with the bank in search of security. Thus, its bank’s responsibility to not disappoint their customers.
    • Loan Tenure: The tenure for credit is amidst 3months and 2 years. Henceforth, customers are independent to choose the period accordingly.
    • Benefits for Farmers: Kaveri Grameena bank yield enormous opportunities for farmers by giving loan at least interest rate.
    • No Debt Burden: Debts shouldn’t be alleged if you are not able to refund the amount of Kaveri Grameena Bank.
    • No Income Bounds: Restriction on income can not be a valid point to not avail of gold loans to people. It is available to everyone.

    How Much Gold Loan can I Get through Kaveri Grameena Bank Gold Loan:

    Kaveri Grameena 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

     

    Kaveri Grameena Bank Loan Eligibility:

    Age

    18-70 years of age

    Nationality

    Indian

    Employment Status

    Salaried, Self-Employed

    Gold Quality

    Minimum 18 Carats

     

    Kaveri Grameena 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)

     

    Kaveri Grameena 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 Kaveri Grameena Bank Gold Loan:

    Kaveri Grameena Bank is a regional rural bank that caters all that banking services to the needs and requirements of the people in India. Gold Loan is granted by the Kaveri Grameena Bank to the customers in which they are asked to keep their gold adornments with the bank. The bank has been appraised and rewarded for its rapid growth and satisfactory aids to its customers.

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

    Types of Kaveri Grameena Bank Gold Loan:

    • Loan Against Gold –Kaveri Grameena Bank gives loans at an attractive rate of interest to gratify the urgent requirements of individuals whether personal or professional. Gold loan as a secured loan than other kinds of loans has no comparison. The bank finds no risk in loaning customers with a huge amount.
    • Loan Against Gold for Agriculture – Kaveri Grameena Bank provides Gold Loans respectively for agrarian goals to farmers at an extraordinary banking rate as compared to gold loans given for other purposes. The cultivators are inured special offers and you need to give the bank Land credentials for which you are taking the Loan.

    Kaveri Grameena 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 Kaveri Graneena Bank Gold Loan EMI?

    • Standing Instruction (SI): If you are a current account holder with Kaveri Graneena Bank, Standing Instruction is the most suitable and believable method of compensation. Your EMI amount will be credited undoubtedly towards the month to month lasting period from the Kaveri Graneena Bank account you show.
    • Electronic Clearing Service (ECS): This function can proceed if you have a non-Kaveri Graneena 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-Kaveri Graneena Bank statement at your closest Kaveri Graneena Bank Loan Center. A new version of PDCs should be shown immediately.

    Kaveri Graneena Bank Gold Loan Contact Number

    Call 9878981144 and get immediate help and acceptance of your Kaveri Graneena Bank Gold Loan. You will get to know the best offers on Gold Loan available from all the Kaveri Graneena Bank Branches throughout the nation to avail the best stock plenteous to meet your needs.

    Gold Ornaments Accepted by Kaveri Graneena Bank

    • Gold Jewellery: Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of these are likable by Kaveri Graneena Bank for availing a Gold Loan.
    • Quality: The quality of gold should be between 18 Carat to 22 Carat and should not exceed the limit.

    Use of Kaveri Graneena Bank Gold Loan

    • To fund any personal finance such as a wedding, housing, higher education.
    • Considering all your marketing essentials, such as purchasing original supply, establishing markets, etc. a loan alliance is applicable.
    • Avail loans for farming purposes so that the targets can be achieved.

     

    FAQs About Kaveri Grameena Bank Gold Loan

    • What is Kaveri Grameena Bank Gold Loan?

    Kaveri Grameena Bank Gold Loan executes its loaning policy to the needy customers in exchange for gold gems. The interest rate at which they avail the loan is less and has a simple documentation process.

    • How can I get the Gold Loan from Kaveri Grameena Bank?

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

    • What is Gold Loan Interest Rate in Kaveri Grameena Bank?

    The Gold Loan Interest Rate in Kaveri Grameena Bank is 7.25% per annum.

    • How much Gold Loan can I get per gram in Kaveri Grameena Bank?

    You can profit up to ₹ 5,219 Per Gram in Kaveri Grameena Bank Gold Loan.

    • How to check Gold Loan status in Kaveri Grameena Bank?

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

    • How to calculate Gold Loan Interest in Kaveri Grameena Bank?

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

    • How to Pay Kaveri Grameena Bank Gold Loan Interest Online?

    You can pay Kaveri Grameena Bank Gold Loan interest online through net banking on the formal Kaveri Grameena loan compensation home page or by choice, you can also repay your Kaveri Grameena Gold Loan on Paytm or prefer the most-used payment technique.

    • What if I can’t pay the interest on Kaveri Grameena Bank Gold Loan for 3 months?

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

    • How can I apply for EMI Moratorium on Kaveri Grameena Bank Gold Loan?

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