RBL Bank Gold Loan

Gold Loan at 7.15% p.a

Apply & Get Instant Money

RBL Bank Gold Loan Key Features – Apply Now!

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

Advantages of RBL Bank Gold Loan:

  • Active Mechanism: In an hour, the loan in RBL Bank easily and smoothly gets passed as the approval process is fast and smooth.
  • Lesser Documents: RBL Bank needs fewer certificates for proceeding the process of the loan.
  • Vitreous Structure: RBL Bank is resolved with no supplementary charges profitable system.
  • Amount of Loan: The amplitude of gold loan in RBL Bank is Rs. 15000 and lessens for the rural areas to Rs. 10000.
  • Safety of Jewellery: The RBL Bank compulsorily gives safety allowance of gold products.
  • Loan Tenure: The period of 3 months to 2 years is suitable for availing of a gold loan. The applicants are decisive of their happiness and comforts.
  • Benefits for Farmers: RBLbank provides beneficial offers plus interest at a low rate to the farmers.
  • No Debt Burden: RBL bank releases the client’s stress of being charged under debt if they have not reimbursed the sum on time.
  • No Income Bonds: RBL Bank permits everyone for availing of a gold loan. Income limits aren’t there for categorization.

How Much Gold Loan can I Get through RBL Bank Gold Loan:

RBL 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

 

RBL Bank Gold Loan Eligibility:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

RBL 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)

 

RBL 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 RBL Bank Gold Loan?

RBL Bank is the Indian private sector bank founded in the year 1943. It has its headquarters in Mumbai, India. RBL bank brings the facility of sanctioning a gold loan to the borrowers who require money for fulfilling their interim and lifelong opportunities. RBL Bank is the most accounted and high-principled banking company.

  • RBL Bank  Gold Loan Interest Rate is7.15% per annum
  • RBL Bank Gold Loan Per Gram is ₹5,293
  • RBL Bank Gold Loan Tenure: Up to 24 months
  • RBL Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of RBL Bank Gold Loan:

  • Loan Against Gold – Gold Loan policy helps those individuals who look for opportunities where they can fulfil their personal or professional demands. It is entirely different from other loans in terms of the interest rate. RBL bank gives interest at a shallow rate, and thus, the bank worries less in providing money to the people.
  • Loan Against Gold for Agriculture – Farmers are being allotted with plenty of golden opportunities that include a low rate of interest and some exclusionary benefits. RBL bank demands the evidence for land for which they are demanding the loan.

RBL 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 RBL Bank Gold Loan EMI?

  • Standing Instruction (SI): Standing Instruction is the most relevant process for compensation only and only if you are a current account holder of RBL bank. Similarly, from this account, you can get your EMI to be credited.
  • Electronic Clearing Service (ECS): The candidate if in case the client has a non-RBL account and he wants his EMI to be charged form this account.
  • Post-Dated Checks (PDC): Post-dated EMIs are analyzed from non-RBL banks at the nearest loan centre of RBL Bank. Newly-made PDCs needs to be presented on time.

RBL Bank Gold Loan Contact Number

Call 9878981144 to gain information concerning the RBLBank Gold Loan, its deals, and offers granted to the customers.

Gold Ornaments Accepted by RBL Bank:

  • Gold Jewellery:  For instance, Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc.
  • Quality: Pure gold between 18-22 carats should be given in RBL bank’s custody.

Use of RBL Bank Gold Loan:

  • Business prerequisites can be quickly done with the amount gained by the RBL Bank Gold Loan.
  • The urgency of an individual’s monetary needs, including educational expenses, medical expenses, etc. can be achieved.
  • Cultivating programs can be organized by the amount gained through RBL Bank.

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 RBL Bank Gold Loan

  • What is the RBL Bank Gold Loan?

The RBL bank offers gold loan service at least interest rate with a simple documentation process and quick approval. The bank will do the funding, and the gold is undertaken by it for safety and security. This service is granted for fulfilling the monetary demands.

  • How can I get the Gold Loan from the RBL Bank?

Visit the BestLoanDeal website to stay updated for the gold loan from RBL Bank, and also you can go to the nearest branch of RBL bank for the inquiry about gold loan status.

  • What is the Gold Loan Interest Rate in RBL Bank?

The Interest Rate of Gold Loan in RBL Bank is 7.15% per annum.

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

You can profit up to ₹ 5,293 Per Gram in RBL Bank Gold Loan.

  • How to check Gold Loan status in the RBL Bank?

The customers revise the gold loan status by visiting the nearby branch of the RBL Bank or by following the tracker webpage and fill the given details.

  • How to calculate Gold Loan Interest in the RBL Bank?

The EMI calculator can calculate accurate figures of gold loan interest in the RBL Bank.

  • How to Pay RBL Bank Gold Loan Interest Online?

You can pay RBL Bank Gold Loan interest online through net banking, or you can also repay your RBL Bank Gold Loan on Paytm.

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

In case, repayment is not made of the interest on the RBL Bank for three months then you will be pleased for the respective augmentation, and still if the hearing goes muted, then the RBL bank will be compelled to step up for legitimate activities.

  • How can I apply for EMI Moratorium on the RBL Bank Gold Loan?

To apply for EMI Moratorium on RBL Bank Gold Loan now between first March and 31st August 2020. It should be ended by calling the customer care of the bank or visiting the closest RBL Bank office.