Odisha Gramya Bank Gold Loan Interest Rate at
| INTEREST RATE | Please Contact Bank Branch |
| LOAN TENURE | Maximum 36 months |
| PROCESSING FEE | As decided by the bank from time to time |
| GUARANTOR REQUIRED | No |
| PRE CLOSURE CHARGES | As decided by the bank from time to time |
About Odisha Gramya Bank
It has headquarter in Bhubaneshwar and address is AT - Gandamunda, PO - Khandagiri Jagamara-Sundarpada Road, Bhubaneswar, Dist - Khurda, Odisha, Pin - 751030, Odisha. it has 955 branches across the state.
It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, loans, personal loans, netbanking, RTGS, NEFT, IMPS, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.
Odisha Gramya Bank Gold Loan, Odisha Gramya Bank Gold Loan Interest Rate, Gold Loan at Updated on 14 Oct 2024. Apply for Gold Loans Online. Find Odisha Gramya Bank Gold loan purpos, Eligibility, Margin, Repayment of Gold Loan ,Security, Documents Required for Gold Loan from below.
Other Products of Odisha Gramya Bank:
| Home Loan | Personal Loan |
| Education Loan | Business Loan |
| Car Loan | Two Wheeler Loan |
| Gold Loan | FD Interest Rates |
| Odisha Gramya Bank RD Interest Rates | Odisha Gramya Bank ATMs Location |
| PPF Account |
The purpose of the Gold Loan is to provide loan to borrowers against pledge of their gold |gold ornaments| gold coins to meet their urgent financial needs with lower interest rate and faster disbursement.
Odisha Gramya Bank Gold Loan Eligibility
- Person should be at least 18 years old.
- Any person who owns gold | gold ornaments | gold coins that needs to be mortgaged with the bank.
- Person should have a regular income (optional).
- Persons who are having Savings or Current account with the bank (optional).
Odisha Gramya Bank Gold Loan Document Required
- Duly filled up and signed gold loan application form
- 2 passport size photographs
- Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
- Proof of Address - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
- Proof of income -Latest salary slip showing all deductions or Form 16 or Income Tax Returns of 2 previous financial years (optional)
Odisha Gramya Bank Gold Loan Amount
Maximum Rs.5 lakhSecurity
Gold or gold ornaments or gold coins etc. and since these can easily get liquidated in case of any default, banks offer these loans easily and at lower rates.
Odisha Gramya Bank Gold Loan Tenure
It is a short term loan. As per RBI guidelines, the tenor is limited to 1 year, in case of non-agriculture use. Some of the banks offer the tenure of upto 36 months too. You can take your gold back from the bank after you repay the loan completely.
Odisha Gramya Bank Gold Loan Repayment
Repayment structure depends on the bank. Mostly, banks permit repayment through EMIs or a bullet repayment at the end of loan term. In case of bullet payment at the end, borrowers need to pay interest on time. The principal amount will be paid in a bullet payment at the end.
Charges Associated with Gold Loan
- Processing Fee: Some banks charge the processing fee which fee can be if negotiated, may be waived off. Valuation Fee: Some banks charge a small amount for valuation of gold. This is paid to the third party valuer.
- Pre-payment Penalty: Some banks may charges penalty for pre-payment of loan.
- Late payment Penalty: It is charged if you make any delay in payment of interest.
Things that you must know before Applying for a Gold Loan
In India, we have emotional attachment with gold because usually, it is kept in the form of family jewellery. When we want to avail gold loan, we are required to keep this gold as a collateral which we do not agree so easily.
It is also required for you to be aware of the quality of gold which qualifies for the gold loan. The purity of gold which is required as a collateral for gold loan should be 18-22 carat or above. No value of precious gems studded in the gold jewellery is taken into account. It is also equally important for the borrowers to go through the terms and conditions mentioned in loan agreement thoroughly.
Further, if you are unable to repay the gold loan on time then there are high chances of losing your pledged gold/ gold jewellery. This may cause undue pressure on you. Hence, it is very necessary for you to think beforehand whether you will be able to repay the gold loan conveniently.
Contact details of Odisha Gramya Bank, Odisha Gramya Bank SMS balance check number, Odisha Gramya Bank SMS banking, Odisha Gramya Bank mobile banking, Odisha Gramya Bank toll free number,Odisha Gramya Bank toll free number 24*7, Odisha Gramya Bank miss call number.
- MISSED CALL NUMBERS - 8010106686
- CUSTOMER CARE NUMBERS - 0674-2353029
- CONTACT NUMBERS - 0674-2353029, 0674-2353242
Odisha Gramya Bank Contact Details
- BANK OFFICIAL WEBSITE - https://www.odishabank.in
- CONTACT NUMBERS - 0674-2353029, 0674-2353242
- EMAIL ID - [email protected], [email protected]
- MISSED CALL NO. - 8010106686
- CUSTOMER CARE NO. - 0674-2353029
- TOTAL BRANCHES - 955
- HEADQUARTER - Bhubaneshwar
- BANK ADDRESS - AT - Gandamunda, PO - Khandagiri Jagamara-Sundarpada Road, Bhubaneswar, Dist - Khurda, Odisha, Pin - 751030, Odisha
Odisha Gramya Bank Gold Loan FAQs Gold Loan Document Required
