Reliance Gold Loan Features
Reliance Gold Loan Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
Reliance Gold Loan Interest Rate | 7.25% per annum |
Reliance Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,219 |
Reliance Gold Loan Processing Fee | 1.50% of the Principal Loan Amount |
Reliance Gold Loan Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
Reliance Gold Loan Repayment Tenure | 3 Months to 24 Months |
Reliance Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of Reliance Bank Gold Loan
- Fast Operation: Reliance Bank Gold Loan is done at apace. It takes a maximum of 60 minutes to give the loan.
- Lesser Documents: The documentation process of Reliance Bank is short and only and only important documents are reviewed.
- Fine System: The Reliance Bank follows the transparent system rather than asking for unnecessary charges.
- The magnitude of Loan: The least possible loan amount clients received from the Reliance Bank is Rs. 15000. It decreases to 10000 for people who live in rural areas.
- Safety of Jewellery: Reliance Bank provides the surety of gold embellishments. It will be protected from the heat.
- Loan Tenure: People according to their convenience choose the tenure of the loan. Reliance Bank provides loans from 3 months to 2 years.
- Profit has given to Farmers: Cultivating goals should be fulfilled and thus, Reliance Bank takes its authority and provide loan to the farmers at the Reliance minimum interest rate.
- No Debt Burden: If you can not pay the interest on time because of some unwanted crisis, it is not a matter of stress, Reliance bank will keep the ornaments with them safely.
- No Income bounds: Applicants who belong to the lower class or upper class and have low income, can apply for a gold loan because the Reliance Bank search for the gold, not your money.
How Much Gold Loan can I Get through Reliance Bank Gold Loan?
Reliance 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 |
Reliance Bank Gold Loan Eligibility:
Age |
18-70 years of age |
Nationality |
Indian |
Employment Status |
Salaried, Self-Employed |
Gold Quality |
Minimum 18 Carats |
Reliance 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) |
Reliance 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 Reliance Bank Gold Loan:
Reliance Bank is a private sector financing organization. If you are in urgent need of cash then Reliance Bank Gold Loan is the perfect option as it avail gold loan at a minimum interest rate and the whole loaning process is hassle-free. You need not wait in a queue for long and get your loan approved. It aids you with appreciable and satisfactory funding services.
- Reliance Gold Loan Interest Rate is7.25% per annum
- Reliance Gold Loan Per Gram is ₹5,219
- Reliance Gold Loan Tenure: Up to 24 months
- Reliance Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of Reliance Bank Gold Loan
- Loan Against Gold – Reliance Bank provides Gold Loan at handsome borrowing rates to resolve the personal and professional problems of the individual. The bank does not worry about giving loans to the clients because they provide them at a shallow bank rate.
- Loan Against Gold for Agriculture – Reliance Bank helps the farmers by owning them the loan at a lower rate of interest and offer them with best deals. In the account of which farmers need to bring certificates of land to the bank for which they are availing loans.
Reliance 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 Reliance Gold Loan EMI?
- Standing Instruction (SI): Every month, your EMI will be credited positively from the Reliance Bank, but for this, you have to go for the Standing Instruction method if you are a current account buyer of Reliance bank.
- Electronic Clearing Service (ECS): This method is applicable for those who have a non-Reliance Bank account and want their EMIs to be debited from the current account.
- Post-Dated Checks (PDC): You can show post-dated EMI from a non-Reliance Bank statement at your neighboring Reliance Bank Loan Center. A new statement of PDCs should be given promptly.
Reliance Bank Gold Loan Contact Number
Call 9878981144 to take help from us immediately. You can know the exceptional offers on Gold Loan available from every Reliance Bank Branches throughout the nation to avail the best deal according to your fonds.
Gold Ornaments Accepted by Reliance Bank:
- Gold Adornments: For instance Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. are admissible by Reliance Bank for availing a Gold Loan.
- Quality: The qualitative value of gold in Reliance Bank can be in amid of 18-22 carats.
Use of Reliance Bank Gold Loan:
The capital Reliance Bank acquires is undoubtedly beneficial for few purposes:
- Rural advantages are so helpful for the farmers to perform their work and thusly, the money can be used for this purpose.
- The fund can be utilized for retailing purposes. The people who are thinking to start a business can get great help from this.
- Personal needs that include Higher education, traveling, or wedding expenses are necessities for every individual and hence, we can put the sum to fulfill them.
FAQs About Reliance Bank Gold Loan:
-
What is Reliance Bank Gold Loan?
Reliance Bank Gold Loan serves the needful people who wanted to attain their targets and fulfill their requirements, by providing them funds in exchange for gold adornments. It is the most recommending bank and gives interest at low rates.
-
How can I get the Gold Loan from Reliance Bank?
To pay attention to your convenience, you can visit an online loannow website for a gold loan. Otherwise, you can go to the nearest Reliance Bank branch.
-
What is Gold Loan Interest Rate in Reliance Bank?
The Gold Loan interest rate of Reliance Bank is 7.25%.
-
How much Gold Loan can I get per gram in Reliance Bank?
Rs. 5,219 Per Gram Gold Loan is provided in Reliance Bank.
-
How to check Gold Loan status in Reliance Bank?
By visiting the Reliance Bank Gold Loan tracker webpage you can view your gold loan status consequently. Else, you can visit the nearest branch of Reliance Bank.
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How to calculate Gold Loan Interest in Reliance Bank?
EMI Calculator can be used to perform your calculative activities related to the gold loan interest in Reliance Bank.
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How to Pay Reliance Bank Gold Loan Interest Online?
Online payment is the most convenient way method for everyone. It can be easily done. You only have to select the payment mode like Paytm or any other favorable method.
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What if I can’t pay the interest on Reliance Bank Gold Loan for 3 months?
Customers are responsible if they are not paying the interest on Reliance Bank Gold Loan for 3 months. They should show their contribution and get the payment done soon. Otherwise, legitimate activities can be performed by the Reliance Bank.
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How can I apply for EMI Moratorium on Reliance Bank Gold Loan?
For EMI Moratorium you are welcome to the nearest branch of Reliance bank. Likewise, you can also get in touch with customer care at loan service.