Punjab and Sindh Bank Gold Loan

Gold Loan at 7.15% p.a

Apply & Get Instant Money

Punjab and Sindh Bank Gold Loan Key Features

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

Advantages of Punjab and Sindh Bank Gold Loan

  • Fast Process:  Punjab and Sindh Bank Gold Loan gets approved and payout easily. The loan is within an hour.
  • Minimal Documents: For  Punjab and Sindh Bank Gold Loan document process is straightforward and only essential  documents are required
  • Transparent System: Complete clarity is provided to the client, there are not any hidden charges.
  • Amount of Loan: The smallest amount of loan provided to the client is Rs. 15000. In rural areas, the smallest amount may also be but Rs 10,000.
  • Safety of Jewellery: Punjab and Sindh Bank is accountable for the security of your gold. Thus, the gold is presented fireproof protection.
  • Loan Tenure: The loan is granted for the duration from 3 months to 2 years.
  • Benefits for Farmers: Punjab and Sindh Bank prevails some special offers for agricultural purposes. Low Gold Loan rate for agricultural uses square measure provided.
  • No Debt Burden: If in any scenario the mortal isn’t able to pay the loan quantity the mortal won’t be beneath debts.
  • No financial gain bounds: there are not any restrictions on the wage of the mortal. Hence, candidates with any financial gain level will avail a gold loan.

How much Gold Loan can I Get through Punjab and Sindh Bank Gold Loan

Punjab and Sindh 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 on 9878981144 to avail the Best Deals and Offers on Punjab and Sindh Bank Gold Loan Per Gram.

Punjab and Sindh 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

Punjab and Sindh Bank Gold Loan Documents Required

In Punjab and Sindh Bank Gold Loan minimal documentation is required to easily access to the gold loan. Following are the list of essential documents that are 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)

Punjab and Sindh Bank Gold Loan Interest Rate, Fees and Charges

Gold as security is accessible at a low-interest rate because it’s under the category 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 Punjab and Sindh Bank Gold Loan

Uncertainties are a part of life. Thus, to tackle all the money hurdles in your life we have a tendency to all want cash. Where Gold Loan plays a significant role to fight with the money crisis. People with low CIBIL score may have quick access to the present service. Punjab and Sindh Bank Gold Loan is one of the best Gold Loans in India.

Despite, there is a number of financial banking and non-banking companies that avail the gold loan, but Punjab and Sindh Bank Gold Loan are considered the best. Punjab and Sindh Bank is well-known for its brilliant financial services, as it is one of the most reputed and dependable banks in India.

  • Punjab and Sindh Bank Gold Loan Interest Rate is 7.15% per annum
  • Punjab and Sindh Bank Gold Loan Per Gram is ₹ 5,293
  • Punjab and Sindh Bank Gold Loan Tenure: Up to 24 months
  • Punjab and Sindh Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Punjab and Sindh Bank Gold Loan

Punjab and Sindh Bank provides different schemes attached to the Gold Loan product. Schemes are as follows:

  • Loan Against Gold- Punjab and Sindh 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 totally a secured kind of loan wherever the bank has no risk within the disposition quantity of cash to the loan seeker at a lower rate of interest as compared to the opposite varieties of Loan merchandise.
  • Loan Against Gold for Agriculture- Specifically for agricultural purposes to farmers Punjab and Sindh 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 also the bank would like the Land proofs on that basis the loan seekers apply for Loan.

Punjab and Sindh 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 Punjab and Sindh Bank Gold Loan EMI?

Punjab and Sindh Bank Gold Advance can be compensated in the different following ways:

  • Standing Instruction (SI): If you are an account holder with Punjab and Sindh Bank currently, then Standing Instructions is the most opted method of compensation. toward the end of the month period, the EMI amount will be credited from the applicant’s Punjab and Sindh Bank account the applicant shows.
  • Electronic Clearing Service (ECS): This scheme is for the applicants who have a  non-Punjab and Sindh Bank record and the EMIs need to be debited consequently at the end of the month cycle from this account.
  • Post-Dated Checks (PDC): The applicant can present post-dated EMI examine from the non-Punjab and Sindh Bank statement at your nearby Punjab and Sindh Bank Loan Center. Immediately, the restructure of PDCs ought to be bestowed. For ideal condition, it’s suggested to notice Post Dated Checks which can be collected non-ECS states because it was.

Punjab and Sindh Bank Gold Loan Contact Number

Call at 9878981144 to get instant help and approval for your Punjab and Sindh Bank Gold Loan. You can know the best offers on Gold Loan available from all the Punjab and Sindh Bank Branches throughout the country to avail the best deal suitable to your needs.

Gold Ornaments Accepted by Punjab and Sindh Bank

  • Gold Jewellery like Gold Bangles, Gold earrings, Gold Lockets, Gold anklets, Gold Necklaces etc. are all accepted by Punjab and Sindh Bank for seeking Gold Loan
  • Quality: Tthe quality of Gold should be between 18 to 22 Carat. Any Gold Ornaments of 24 carats cannot avail Gold Loan.

Use of Punjab and Sindh Bank Gold Loan

The fund that is obtained by Punjab and Sindh Bank Gold Loan services can be used for several purposes:

  • Fund for any explicit investments like hiking, matrimony, instalment of upper tuition payments, etc.
  • Loan services square measure obtainable for promoting needs like getting contemporary provide, developing promoting, etc.
  • Additional Gold Loan also can be availed for horizontal ideas. the bank provides a lower rate of interest for Gold Loans that are available for farming or farming-related projects.

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 Punjab and Sindh Bank Gold Loan?

Punjab and Sindh Bank Gold Loan may be a loan theme wherever you’ll access for any emergency monetary facilitate by keeping your gold as a guarantee with the bank. It comes with participating interest rates on Term Loan, the order of payment and EMI primarily based loan. Average Gold Loan disbursal time is simply 45 minutes.

  •  How can I get the Gold Loan from the Punjab and Sindh Bank? 

You can get Punjab and Sindh Bank Gold Loan by being to any nearby Gold Loan offering branch. Even you can access to Gold Loan online with BestLoanDeal from anywhere and get the best deals and offers.

  •    What is Gold Loan Interest Rate in Punjab and Sindh Bank?

The Gold Loan rate of interest in Punjab and Sindh Bank is 7.15% every year. the speed of interest depends on varied criteria namely: loan quantity, loan tenure, purity of gold etc.

  •    How much Gold Loan can I get per gram in Punjab and Sindh Bank?
The value of per gram Gold Loan strictly depends on the purity and quality of the gold. Punjab and Sindh Bank believes gold purity between 18 to 22 carats to supply a Gold Loan. you’ll avail up to Rs. 5,293 per gram in Punjab and Sindh Bank of India Gold Loan.
  •    How to check Gold Loan status in Punjab and Sindh Bank?

To check the standing of Punjab and Sindh Bank Gold Loan you’ll be able to visit Punjab and Sindh Bank Loan hunter. Mention your options within the provided application. this may simply assist you to trace the standing of your loan from anyplace at any time and keeps you updated.

  •    How to calculate Gold Loan Interest in Punjab and Sindh Bank?

Punjab and Sindh Bank Gold Loan interest is often calculated victimization BestLoanDeal’s EMI Calculator. It provides you with the correct details supported the data the person enters within the calculator.

  •    How to Pay Punjab and Sindh Bank Gold Loan Interest Online?

Punjab and Sindh Bank Gold Loan interest can be paid through net banking on official Punjab and Sindh Bank loan repayment web page or alternatively. Another mode Paytm can also be used to repay Punjab and Sindh Bank Gold Loan or your preferred payment method.

  •    What if I can’t pay the interest on Punjab and Sindh 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 inaudible 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 an 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 Punjab and Sindh Bank Gold Loan?

You can apply for EMI Moratorium on Punjab and Sindh Bank Gold Loan between 1st March and 31st August 2020. You can get it done by contacting the Bank Customer Care or visiting the nearby Punjab and Sindh Bank branch.