Karnataka State Co-operative Apex Bank Gold Loan

Gold Loan at 7.15% p.a

Apply & Get Instant Money

Karnataka State Co-operative Apex Bank Gold Loan Key Features – Apply Now!

Karnataka State Co-operative Apex Bank Gold Loan Interest Rate 7.15% per annum
Karnataka State Co-operative Apex Bank Gold Loan Per Gram Rate Per Gram Today is ₹ 5,293
Karnataka State Co-operative Apex Bank Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Karnataka State Co-operative Apex Bank Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Karnataka State Co-operative Apex Bank Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Karnataka State Co-operative Apex Bank Gold Loan Repayment Tenure 3 Months to 24 Months
Karnataka State Co-operative Apex Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of Karnataka State Co-operative Apex Bank Gold Loan

  • Fast Process: Karnataka State Co-operative Apex Bank Gold Loan gets approved and payout easily. The loan is within an hour.
  • Minimal Documents: For Karnataka State Co-operative Apex Bank Gold Loan document method is simple and solely essential documents area unit needed
  • Transparent System: Perfect transparency is provided to the customer, there aren’t any hidden charges.
  • Amount of Loan: Rs. 15000 is the minimum amount of loan supplied to the consumer. The smallest amount may also be less than Rs 10,000 in rural areas.
  • Safety of Jewellery: Karnataka State Co-operative Apex Bank is in control of the safety of your gold. Thus, gold is given fireproof protection.
  • Loan Tenure: The Gold loan is granted for the length from 3 months to 2 years.
  • Benefits for Farmers: Karnataka State Co-operative Apex Bank prevails some special offers for agricultural functions.Low Gold Loan rate for agricultural uses square measure provided.
  • No Debt Burden: If in any situation the mortal isn’t able to pay the loan quantity the mortal won’t be beneath debts.
  • No financial gain bounds: There are no limitations on a mortal’s pay. Candidates with some degree of financial gain would also benefit from a gold loan.

How much Gold Loan can I Get through Karnataka State Co-operative Apex Bank Gold Loan

Karnataka State Co-operative Apex 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

Call at 9878981144 to avail the Best Deals and Offers on Karnataka State Co-operative Apex Bank Gold Loan Per Gram.

Karnataka State Co-operative Apex Bank Gold Loan Eligibility 

The candidates for Gold Loan area unit eligible given that they fulfil the subsequent criteria:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

Karnataka State Co-operative Apex Bank Gold Loan Documents Required

In Karnataka State Co-operative Apex Bank Gold Loan token documentation is needed to simply access to the gold loan. Following area unit the list of essential documents that area unit 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)

Karnataka State Co-operative Apex Bank Gold Loan Interest Rate, Fees and Charges

Gold as security is accessible at a low-interest rate as a result of it’s underneath the class of secured loans. Therefore, the Gold Loan interest rates are inferior to it of the private loan or the other variety of loans. The Gold Loan rate keeps on neutering time to time still as person to person

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 Karnataka State Co-operative Apex Bank Gold Loan

A part of life is uncertainties. So, we all seem to want cash to overcome all the cash obstacles in your life. Where the Gold Loan plays a significant role in tackling the cash crisis. Individuals with low CIBIL scores can have easy access to the current service. One of the easiest gold loans in India is the Karnataka State Co-operative Apex Bank Gold Loan.
Despite, there is a number of financial banking and non-banking companies that avail the gold loan, but Karnataka State Co-operative Apex Bank Gold Loan is considered the best. Karnataka State Co-operative Apex Bank is well-known for its good money services because it is one in all the foremost supposed and dependable banks in India.

  • Karnataka State Co-operative Apex Bank Gold Loan Interest Rate is 7.15% per annum
  • Karnataka State Co-operative Apex Bank Gold Loan Per Gram is ₹ 5,293
  • Karnataka State Co-operative Apex Bank Gold Loan Tenure: Up to 24 months
  • Karnataka State Co-operative Apex Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Karnataka State Co-operative Apex Bank Gold Loan

Karnataka State Co-operative Apex Bank provides completely different schemes connected to the Gold Loan product.

  • Loan Against Gold- Karnataka State Co-operative Apex Bank provides Gold Loan at an appealing rate of interests which can actually fulfil anyone’s direct need of funds for any personal or professional reasons. Gold Loan is completely a secured quite loan where the bank has no risk among the disposition amount of money to the loan seeker at a lower rate of interest as compared to the alternative kinds of Loan merchandise.
  • Loan Against Gold for Agriculture- Specifically for the agricultural purposes to farmers Karnataka State Co-operative Apex Bank Avails Gold Loan at a special rate of interest as compared to the Gold Loans which are provided for other uses. Especially offers avails and conjointly the bank would love the Land proofs on its basis the loan seekers apply for Loan.

Karnataka State Co-operative Apex 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 Karnataka State Co-operative Apex Bank Gold Loan EMI?

Karnataka State Co-operative Apex Bank Gold Advance can be recompensed in the several subsequent methods:

  • Standing Instruction (SI): If a candidate is an account owner with Karnataka State Co-operative Apex Bank currently, then Standing Instructions is the most opted method of compensation. Toward the termination of the month period, the EMI amount will be charged from the applicant’s Karnataka State Co-operative Apex Bank account the applicant shows.
  • Electronic Clearing Service (ECS): This theme is for the candidates WHO have a non-Karnataka State Co-operative Apex Bank record and also the EMIs got to be debited consequently at the tip.
  • Post-Dated Checks (PDC): From the non-Karnataka State Co-operative Apex Bank statement at your nearby Karnataka State Co-operative Apex Bank loan centre, the individual will offer a post-dated EMI summary. Immediately, PDCs should be provided for restructuring. It is instructed to note Post Dated Tests for the ideal situation that could be obtained as a consequence of non-ECS states.

Karnataka State Co-operative Apex Bank Gold Loan Contact Number

Call at 9878981144 to induce instant to facilitate and approval for your Karnataka State Co-operative Apex Bank Gold Loan.

Gold Ornaments Accepted by Karnataka State Co-operative Apex Bank

  • Gold Jewellery  like Gold Bangles, Gold rings, Gold Lockets, Gold anklets, Gold Necklaces etc. are all accepted by Karnataka State Co-operative Apex Bank for seeking Gold Loan
  • Quality: the quality of Gold should be from 18 to 22 Carat. Gold Loan is not granted for any ornaments of 24 carats.

Use of Karnataka State Co-operative Apex Bank Gold Loan

The fund that is obtained by Karnataka State Co-operative Apex Bank Gold Loan services can be used for several purposes:

  • Fund for some particular investments such as hiking, marriage, upper tuition payment instalment, etc. 
  • Loan services square measure obtainable for the promotion of requirements such as contemporary supply, promotion growth, etc. 
  • Horizontal concepts may also be used for additional gold loans. The bank offers a lower interest rate on gold loans available for ventures related to farming or farming.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.15% – 14.50%

ICICI Gold Loan

7.15% – 16.10%
Muthoot Finance Gold Loan

7.15% – 24.00%

Axis Bank Gold Loan

7.15% – 17.00%
Manappuram Gold Loan

7.15% – 26.00%

Yes Bank Gold Loan

7.15% – 15.99%
Bank of India Gold Loan

7.15% – 26.00%

Federal Bank Gold Loan 

7.15% – 13.50%
IIFL Gold Loan

7.15% – 12.00%

Central Bank of India Gold Loan

7.15% – 14.65%

Canara Bank Gold Loan

7.15% – 12.65%

Allahabad Bank Gold Loan

7.15% – 10.45%

Induslnd Bank Gold Loan

7.15% – 15.75%
PNB Gold Loan

7.15% – 11.75%

Bajaj Finance Gold Loan

7.15% – 26%
SBI Gold Loan

7.15% – 15.99%

Indian Bank Gold Loan

7.15% – 15.99%
UCO Bank Gold Loan

7.15% – 26.00%

Kotak Mahindra Bank Gold Loan

7.15% – 13.50%
Syndicate Bank Gold Loan

7.15% – 12.00%

FAQs About Gold Loan

  • What is Karnataka State Co-operative Apex Bank Gold Loan?

Karnataka State Co-operative Apex Bank Gold Loan could also be a loan theme where you may access for any emergency financial facilitate by keeping your gold as a guarantee with the bank. It comes with collaborating interest rates on Term Loan, the order of payment and EMI based loan. Average Gold Loan disbursal time is solely 45 minutes.

  • How can I get the Gold Loan from the Karnataka State Co-operative Apex Bank? 

You can get Karnataka State Co-operative Apex Bank Gold Loan by being to any near Gold Loan giving branch. Even you’ll be able to access to Gold Loan on-line with BestLoanDeal from anyplace and find the most effective deals and offers.

  • What is Gold Loan Interest Rate in Karnataka State Co-operative Apex Bank?

The Gold Loan rate of interest in Karnataka State Co-operative Apex Bank is 7.15% once a year. the speed of interest depends on varied criteria namely: loan amount, loan tenure, purity of gold etc.

  • How much Gold Loan can I get per gram in Karnataka State Co-operative Apex Bank?

The value of per gram Gold Loan strictly depends on the purity and quality of the gold. Karnataka State Co-operative Apex Bank believes gold purity between 18 to 22 carats to supply a Gold Loan. You may avail up to Rs. 5,293 per gram in Karnataka State Co-operative Apex Bank of India Gold Loan.
  • How to check Gold Loan status in Karnataka State Co-operative Apex Bank?

To check the standing of Karnataka State Co-operative Apex Bank Gold Loan you will be ready to visit Karnataka State Co-operative Apex Bank loan hunter. Mention your choices inside the provided application. this could merely assist you to trace the standing of your loan from anywhere at any time and keeps you updated.

  • How to calculate Gold Loan Interest in Karnataka State Co-operative Apex Bank?

Karnataka State Co-operative Apex Bank Gold Loan interest is commonly calculated victimization BestLoanDeal’s EMI Calculator. It provides you with the right details supported the info the person enters inside the calculator.

  • How to Pay Karnataka State Co-operative Apex Bank Interest Online?

Karnataka State Co-operative Apex Bank Loan interest will be paid through internet banking on the official Karnataka State Co-operative Apex Bank loan reimbursement web content or as an alternative. Another mode Paytm may be accustomed repay Karnataka State Co-operative Apex Bank Gold Loan or your most popular payment methodology.

  • What if I can’t pay the interest on Karnataka State Co-operative Apex Bank Gold Loan for 3 months?

If the interest isn’t paid back for three months, then ab initio a reminder is given for your unfinished dues. After this, if the payment requests go neglected or imperceptible then an official legal notice is shipped, that demands the compensation and closure of the loan. Such defaults on your Gold Loan lands up in Associate in Nursing exceedingly decrease of your credit score and additionally cause you to respond to face legal actions by the bank which can embrace arrogation and auction of your gold.

  • How can I apply for EMI Moratorium on Karnataka State Co-operative Apex Bank Gold Loan?

You can appeal for EMI Moratorium on Karnataka State Co-operative Apex Bank Gold Loan within 1st March and 31st August 2020. you’ll be able to tumble done by contacting the Bank client Care or visiting the near Karnataka State Co-operative Apex Bank branch.