Multiple banks. Different interest rates. Call it a "conflict of interest".
Multiple banks. Different interest rates. Call it a "conflict of interest".
  •  Loading your search... Loading your search...
  • Corporation Bank Gold Loan is Rated as "Excellent!" by 23 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Corporation Bank Gold Loan

    Overview of Corporation Bank Corp Gold Loan Scheme

    Gold has witnessed a huge appreciation in recent times and without doubt, gold is a valuable investment option. Corporation Bank Corp Gold Loan Scheme will enable you to get a loan against your gold jewellery. Gold loans are not only cheaper than the conventional personal loans but are also easy to get. With Corporation Bank Corp Gold Loan Scheme, money will never be a hindrance to your dreams anymore!

    Perfect Personal Loan Deals for you

    Types of Corporation Bank Corp Gold Loan

    Corporation Bank offers three different variants of gold loan for the benefit of borrowers.

    • Agriculture Jewel Loan (ACADL / ACAOD)

      Under this type, borrowers can pledge their gold jewellery to get a suitable loan amount which they can use towards agricultural purposes. This loan amount can be used as short term crop loan and can be used to purchase any farm asset.

    • Pledge of Gold Jewellery

      Under this scheme, customers can pledge their gold jewellery as security and use the loan amount to meet personal and business fund requirements.

    • Jewel Loans other than Agriculture (CADL / CAOD)

      Borrowers can place their gold jewellery as security to avail a loan which they can use for a range of purposes like housing, education and personal expenses.

    Features and Benefits of Corporation Bank Corp Gold Loan Scheme

    Given below are some of the advantages of a Corporation Bank Corp Gold Loan.

    • Corporation Bank Corp Gold Loan is a versatile credit product. Customers can avail this loan to meet the costs of education. Housing, business requirements or personal expenses.
    • The rate of interest for Corporation Bank Corp Gold Loan is very nominal and affordable.
    • Corporation Bank offers flexible repayment tenures for Corp Gold Loan Scheme.
    • The documentation required is very simple and the entire sanction process is transparent and hassle - free.

    Corporation Bank Corp Gold Loan Scheme Interest Rates

    The interest rates for Corporation Bank Corp Gold Loan schemes are outlined below.

    Gold Loan Scheme Rate of Interest
    Agriculture Jewel Loan

    Tenure up to 12 months - 10. 60 per cent per annum

    For tenure above 12 months and up to 24 months - 11. 10 per cent per annum

    Jewel Loan towards short term crop production - 7 per cent per annum

    Loan by pledging gold jewellery Linked to base rate, 10. 65 per cent per annum at present.
    Jewel Loans for purposes other than agricultural requirements

    Loan amount up to Rs. 2 lakhs - 11. 60 per cent per annum

    Loan amount exceeding Rs. 2 lakhs - 12. 60 per cent per annum

    Eligibility for Corporation Bank Corp Gold Loan

    The eligibility conditions to apply for a Corporation Bank Corp Gold Loan is described below.

    • Individuals involved in activities like small business, retail trade, small manufacturing units can apply for Corporation Bank Corp Gold Loan. Also, agriculturists, self-employed individuals and professionals can apply for a Corporation Bank Corp Gold Loan.
    • Salaried individuals and pensioners can apply for a Corporation Bank Corp Gold Loan.

    Documentation Required for Corporation Bank Corp Gold Loan Scheme

    Given below are the documents that a customer must submit at the time of application.

    • Completely filled application form
    • Recent passport size photographs
    • Address Proof documents (any one of the following)
      • Passport
      • Driving License
      • Aadhaar Card
      • Voter ID Card
      • Ration Card
    • Identity Proof documents (any one of the following)
      • PAN Card
      • Passport
      • Aadhar Card
      • Voter ID
      • Driving License

    Corporation Bank Corp Gold Loan Scheme FAQs

    1. What is the quantum of loan offered per gram of gold, under Corporation Bank Corp Gold Loan?
      Repayment Period Loan per gram of gold
      Not more than 12 months Rs. 2000 per gram, on 24 carat basis
      More than 12 months Rs. 1900 per gram, on 24 carat basis
    2. What is the maximum repayment tenure offered for Corporation Bank Corp Gold Loan?

      A maximum repayment tenure of 24 months is offered for Corporation Bank Corp Gold Loan.

    3. What are the conditions associated with agriculture jewel loan for short term crop production under Corporation Bank Corp Gold Loan?

      Agriculture Jewel Loan will be sanctioned to meet the financial requirements of short term crop production after the borrower places suitable gold jewellery as security. A loan amount not exceeding Rs. 3 lakhs will be offered and the amount has to be repaid within a period of 12 months.

    4. What are the processing charges for Corporation Bank Corp Gold Loan less than Rs. 2 lakh?

      No processing charges will be levied for gold loans up to Rs. 2 lakhs. For loans less than Rs. 2 lakh, a nominal processing charge would be levied by Corporation Bank.

    5. I am a pensioner. Can I avail Corporation Bank Corp Gold Loan?

      Yes, Corporation Bank Corp Gold Loan can be availed by pensioners also.

    Corporation Bank Gold Loan Reviews

    • Corporation Bank Personal Loan
      "Good. Can be more clear in the payments"
      0.5 4.0/5 "Great!"
      The process to get the personal loan from Corporation bank was good. I being a salary account holder of this bank. They have provided the loan of ten months of my basic salary. Though I have made my payment every month on the said due date the bank says that I have 28 late payments.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 23, 2017
    • Corporation Bank Personal Loan
      "Satisafctory"
      0.5 4.0/5 "Great!"
      My personal loan was taken with COPERATIVE bank 2 years back. The loan amount was 3 lakhs and the interest rate was 12% which was very high than other banks. The EMI period was 5 years . They have provided door step service for collecting documents. My overall experience was satisfactory.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 10, 2017
    • Corporation Bank Personal Loan
      "Better Process"
      0.5 4.0/5 "Great!"
      Since I hold savings account with corporation bank, I had taken the personal loan for three times. All the times the bank sanctioned the loan without any hassles. Interest rate is 14% and every time they would collect the documents for the loan process. They would complete the process in a month time.
      Was this review helpful? 0
      , vellore
      Reviewed on Jun 19, 2017
    • Corporation Bank Personal Loan
      "Excellent"
      0.5 4.5/5 "Excellent!"
      From Corporation Bank I have taken a personal loan. I have salary account with them  I am very much satisfied with this bank. They offered approximately 13.5% rate of interest its quiet minimal when I compare to other banks. Bank was user friendly and the process was very fast they disbursed loan amount soon.In 2015 dec I have opted this loan of 2.5 laks and the EMI was 9800.
      Was this review helpful? 0
      , ramanagaram
      Reviewed on Mar 29, 2017
    • Corporation Bank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The service provided was very good with corporation bank related to the personal loan process and the rate of interest was around 13.5%. I have taken around 80 thousand Rupees as capital and I am paying around 4000 Rupees as EMI for a years time later I pre closed it later and they charged minimal amount for pre closure
      Was this review helpful? 0
      , ramanagaram
      Reviewed on Mar 29, 2017
    • Corporation Bank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The service provided was very good with corporation bank related to the business loan process.Which was offered by our honorable prime minister of India,which was really helpful, I have taken this loan on January and i have closed it in April, Customer service is good with the corporation bank.
      Was this review helpful? 1
      , pune
      Reviewed on Jan 05, 2017
    • Corporation Bank Personal Loan
      "The best on ROI and charges"
      0.5 4.0/5 "Great!"
      I had applied for a personal loan with Corporation bank simultaneously when I applied with HDB financial. Though the process took some time for the loan, but I ended up paying a much lesser fee when compared to the HDB institution. I only paid a total fee around 2400. The rate of interest was also around 11%.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 17, 2016
    • Corporation Bank Personal Loan
      "Good service "
      0.5 4.0/5 "Great!"
      The service provided was very good with corporation bank related to the personal loan process.They take around 1weeks to 10days of time to process the loan.The documents required are very huge but the sets and information are given in initial stage basically.
      Was this review helpful? 1
      , coimbatore
      Reviewed on Apr 07, 2016
    • Corporation Bank Personal Loan
      "Excellent"
      0.5 4.0/5 "Great!"
      With the corporation bank I do have the personal loan. Interest rate is around 12% to 14% with them and the loan amount got disbursed to my account by the same day itself. Customer service is good with the corporation bank.
      Was this review helpful? 1
      , bangalore
      Reviewed on Feb 05, 2016
    • Corporation Bank Personal Loan
      "High interest rate"
      0.5 4.0/5 "Great!"
      Corporation personal loan rate of interest is very high. I have taken a personal loan from them . I had taken 2 lakhs. Its an ongoing loan . No additional charges being charged. They have only charged some processing fee . I am checking my statement online and the amount is debited from my salary account
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 17, 2015
    • Corporation Bank Personal Loan
      "Not bad..."
      0.5 2.0/5 "Expected more"
      Documentary part was huge in Corporation bank. They offered me 13% interest. Loan process was very slow when I compare to HDFC Bank and AXIS Bank. Corporation bank took around a month. They should speed up their process in terms of personal loan.
      Was this review helpful? 2
      , bangalore
      Reviewed on Nov 05, 2015
    • Corporation Bank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have got the personal loan with the Corporation bank and the rate of interest was around 14%. I have taken around 2 lakh Rupees as capital and I am paying around 7000 Rupees as EMI for 3 years of time. I got the loan within 2 weeks of time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 02, 2015
    • Corporation Bank Personal Loan
      "Got it easily "
      0.5 5.0/5 "Blown Away!"
      Very recently I have taken my personal loan from CORPORATION BANK. My sister in law is working as the bank manager there so I took this very easily from them. Based on the salary account they offered personal loan to me. I do not find any difficulties with them.
      Was this review helpful? 1
      , bangalore
      Reviewed on Oct 21, 2015
    • Corporation Bank Personal Loan
      "Roaming For A Loan...."
      0.5 1.0/5 "Really Bad"
      Before 1.5 years I started asking for a personal loan in corporation bank. I have never received a proper response from them. Every time the manager says that he is busy with some paper works and ignores me. It will be better if they can finalize and inform me whether it is possible for them to offer me a loan, it may save my time.
      Was this review helpful? 1
      , chennai
      Reviewed on Sep 23, 2015
    • Corporation Bank Personal Loan
      "Excellent!!!"
      0.5 5.0/5 "Blown Away!"
      From Corporation Bank I have taken a personal loan. I have salary account with them. They have collected all my documents and once I signed all the papers, they have sanctioned my loan in a weeks time. The manager was very responsible. With minimum precessing fee and charges they have sanctioned my loan. It was really good with them.
      Was this review helpful? 2
      , chennai
      Reviewed on Sep 16, 2015
    • Corporation Bank Personal Loan
      "Excellent service.."
      0.5 5.0/5 "Blown Away!"
      CORPORATION Bank offered me a Personal loan. I am very much satisfied with this bank. They offered approximately 13.5% rate of interest its quiet less when I compare to other banks. Bank was user friendly and the process was very fast they disbursed loan amount within 2 days.
      Was this review helpful? 1
      , ranchi
      Reviewed on Sep 15, 2015
    • Corporation Bank Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      My salary account is with CORPORATION Bank, so they offered Personal loan with 15% rate of interest. When I compare to other bank its good and I completed this loan almost 3years, Processing fees and charges are normal. Responsiveness wise I am not satisfied with them.
      Was this review helpful? 1
      , mangalore
      Reviewed on Aug 26, 2015
    • Corporation Bank Personal Loan
      "Good Service "
      0.5 5.0/5 "Blown Away!"
      My personal was taken from Corporation Bank very recently with the rate of interest 14%. Ms. Manjula, is the bank executive who assisted me to avail this loan from them. The tenure period is three years and also got an foreclosing option in it.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 19, 2015
    • Corporation Bank Personal Loan
      "Government Bank "
      0.5 4.0/5 "Great!"
      Being a government administration the service provided by Corporation Bank was really good.They are very supportive to the customer but the interest rate offered was really high which was around 10.65%.The documentation process was quite normal and I havenâ??t faced any issue.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 04, 2015
    • Corporation Bank Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      Within 1 week my personal loan was disbursed by corperation bank.The process was very easy with the lowest interest rate comparing with other banks. Processing fee charged was Rs.3000. Normal documents were required for the process.I have already recommended the bank because of their quick process.
      Was this review helpful? 2
      , coimbatore
      Reviewed on Jun 22, 2015
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.