Gold Loan Ambala

Many times you can face a financial crisis due to a medical emergency or any other financial need. Gold is of great importance in our lives. It plays a major role in providing the support from all of the financial issues in the form of Gold Loan. This loan is available within a few minutes.

What is a Gold Loan Ambala?

Gold Loan is basically a loan that a borrower gets against gold. In India, several lending institutions, private banks, and credit unions are available that provide Gold Loan at the low-interest rate. Some of the popular lending institutions in India are Muthoot Finance, Manappuram Finance, HDFC Bank etc. The Gold loan interest rate is far cheaper than an unsecured loan.

Why one should Apply for Gold Loan Ambala?

  1. The Loan gets sanctioned in just a few minutes.
  2. The money is offered to the customer after a quick evaluation of gold.
  3. It is free from the hassle of long paperwork.
  4. Low interest rates
  5. No credit cheques.
  6. No co-signer needed.
  7. Easy repayment schemes

Features of Gold Loan Ambala

  1. You can avail Loan up to Rs.1 Crore or more & up to 70% of value for any purpose
  2. You get 100% Safety & Security of your Gold Jewelry
  3. Get your Loan processed in less than 30 minutes
  4. Enjoy Anytime Liquidity.
  5. No EMI, Service only Interest and enjoy the Loan facility
  6. Lower Interest Rates
  7. Simple documentation and fast processing
  8. Overdraft limit varies depending on the market rate of gold.
  9. The interest rate is payable the only amount of the overdraft that you use.

Advantages of Taking a Gold Loan Ambala

  1. No income and salary criteria - Gold loans do not require any documentation or validation for income or salary of the person, so even if you are unemployed and unsalaried you can still avail a gold loan. This is because you are pledging a valuable asset i.e. gold in return of the money.
  2. Can be provided in cases of bad credit history as well as the low-income level
  3. Relatively Lower interest rates- Another advantage of taking a gold loan is that they are available at low interest rates, say 12-16% annually in comparison to the personal loans interest rates of 15-26% per annum.
  4.  You need to repay only the interest- You have the option to pay only the interest during the tenure of the entire gold loan and at the end of tenure, you can pay the entire borrowed amount in a single shot.
  5. Total Convenience- The most convenient of all the loans is a gold loan. This is because in this all you have to do is pledge your gold with a bank or a private finance institute and the work is done. You can get a loan up to 80% or more of its market value immediately.
  6. Less processing time- No tedious and lengthy documentation is required in case of gold loans, hence it can be resorted to in times of urgent needs. Banks take a few hours in the processing of the gold loan whereas some NBFC’s state that they only take a few minutes for the same task.

 Documents Required for Gold Loan Ambala

Borrower Identity

Proof of Identity

Residence Proof

Signature Proof

Two passport size colored photographs

Aadhar Card/ Voter ID Card/ PAN Card/Ration card/ Tel, Electricity Bill/ Rental bill/ Passport.

 

Ration card/ Tel, Electricity Bill/ Rental bill/ Passport.

Passport Copy/Driving License/Banker's verification/cheque

 

Additional Documents Required

The banks generally demand the above-given documents. However few banks demand some additional

Land Proof

Demand Promissory Note

Income proof

In the case of Agriculture Loan of more than Rs. 1 lac. The proof is not required for allied agriculture purposes.

Certificate by the Jewel Appraiser (Bank will arrange).

Salary Certificate and Form No.16.

 

 

 

 

 

 

Gold Loan Ambala Rate of Interest

Gold loan scheme

Loan Tenure

Rate of Interest

True vale loan

12month

12.05% to 15.05%

Best Rate on Gold Loan

Forms of Gold

Loan Tenure

Max Funding

Pre Closure Charges

Gold Jewellery / Gold Bars

6 Months / 12 Months (can be renewed up to 3 Years)

Up to 90% of Gold Value

0 % to 2 % of the outstanding loan amount

Benefits

  1. Gold Loan is an easy and simple way to get instant finance. It is a 30 minutes disbursal product.
  2. Gold Loan is the best Loan to overcome you're immediate as well as short-term needs.
  3. The documentation process for this loan is quite simple.
  4. There are no credit checks needed for this financing
  5.  A person suffering from bad credit score even avail for a gold loan. The interest rate offered in Loan against gold is less compared to other Loan.

How to Apply?

Visit our website www.dailabank.com

About Ambala

Ambala is a city in Ambala District in the state of Haryana, India, situated at the border with the Indian state of Punjab.

Other Cities near Ambala where Gold Loan is Available

Gold Loan Fatehabad Gold Loan Hissar
Gold Loan Yamunanagar Gold Loan Sirsa
Gold Loan Panipat Gold Loan Sonipat
Gold Loan Rohtak Gold Loan Assandh
Gold Loan Kurukshetra Gold Loan Kaithal
Gold Loan Panchkula Gold Loan Kalka
Gold Loan Bhiwani Gold Loan Safidon
Gold Loan Karnal Gold Loan Thanesar

 

Other Leading Gold Loan Providers in Ambala
Manappuram Gold Loan Axis Bank Gold Loan HDFC Gold Loan Other Gold Loan Providers

 


REMINDER SERVICES EMI CALCULATOR