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If you possess gold and needs finance to meet an emergency, then you can consider availing a Gold Loan. It is a financial product that provides liquidity against gold and gold ornaments. It is a collateral based loan that requires gold assets to place as collateral with the lender.
Why one should choose Gold Loan in Gulbarga?
- There are no prepayment charges.
- It does not require any cosigner.
- It requires minimal documentation as compared to other loans.
- It involves simple procedures and fast Loan approvals.
- The applicant has options to pay only interest during the tenure of the loan.
|Gold Loan Scheme||Loan Tenure / Period||Rate of Interest (p.a.)|
|TrueValue Loan||12 months||12.5 % to 15.5 %|
Gulbarga is a city in the Karnataka state of India. It is the administrative headquarters of Gulbarga District. Earlier, it was part of Nizam's Hyderabad state. In the Persian language, Gul means flower and berg means leaf thus making Gulberga once a land of lavish living.
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