Get The Lowest Interest Rate From Us On Gold Loan
Click to Apply or Call us on 60011600
In India, people are culturally and emotionally attached to gold. Once bought it is kept in lockers. It is like a dead investment. People tend to keep it in lockers and do not use it for the money. One can use it to come over the financial crisis. So whenever one needs money, think of gold and make money.
Applying for gold loan is not a new process in India. It has been existing in the Indian market for a long time. Earlier it was into the unorganized sector. Money lenders used gold as collateral for lending money. Now, banks are entering into it as price of gold is touching sky. Therefore, gold can be easily used as collateral. Gold loan is becoming popular option day by day.
Process to apply for Gold Loan:
A person can apply for Gold Loan through a bank or an NBFC. He/she has to offer his/her gold to the lender. Lender will check the purity of the gold. After evaluation, the paperwork is done. Applicant need to attach PAN card, proof of address etc. Usually the Loan amount is 80% of price of gold. Applicant gets his jewelry back after repaying the loan amount.
|Features of Gold Loan||Documents Required for Gold Loan|
|Advantages of Gold Loan||Best Rate on Gold Loan|
The maximum duration for which a Loan Against Gold is provided is 1 year. It is a short term loan and one can get up to 85% of the value of the loan. There are many RBI norms that the banks and NBFCs need to follow. So, one can rest assured that the loans provided are not a burden on the customers part.
|Leading Gold Loan Providers (Click to Apply)|
|Manappuram Gold Loan||Reliance Gold Loan||Other banks|
|REMINDER SERVICES||EMI CALCULATOR|
Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as a information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly.