This is a process of pledging your gold with the bank and get the respective funds depending upon the quality of gold and the amount of gold loan needed. It is the best way of getting fund for a shorter span of time. Get Instant Cash in just 45 minutes against your Gold Jewellery rather than keeping it idle at home and fulfill your requirements. 

What is a Gold Loan?

Gold Loan is the best way to get cash in a shorter span of time. This loan is secured against gold ornaments. Borrowers deposit their gold with the lending banks and get money on the value of that gold. Turn your Gold into Cash rather than keeping it idle at home. Apply Online and Get Approval in just 3 minutes. 

Gold Loan Interest Rates

Gold Loan Scheme

Loan Tenure / Period

The rate of Interest (p.a.)

True Value Loan

12 months

12.5 % to 15.5 %

 

Amount of Loan

 

Weight

Purity

Amount of Loan

Mr. 1

10 Grams

18 Karat

Rs. 18000

Mr. 2

10 Grams

19 Karat

Rs. 18500

Mr. 3

10 Grams

20 Karat

Rs. 19000

Mr. 4

10 Grams

21Karat

Rs. 19800

 

Why should one choose Gold Loan in Chennai?

  1. Pre-closure facility.
  2. Less paperwork.
  3. A person can avail a minimum Loan amount from Rs 30,000 and onwards.
  4. A person should have a minimum of 20 Gram gold to avail the loan.
  5. No penalties are involved.
  6. In-house gold evaluation.

Documentation

Proof of Identity

Address Proof

Signature Proof

Land Proof

Income Proof

Passport Copy/ Voters ID card/ Driving License/Aadhar Card.

Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate

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

Land Proof

Salary Certificate and Form No.16.

 

 

Additional Documents Required

  1. Land Proof
  2. In the case of Agriculture Loan of more than Rs. 1 lakh The proof is not required for allied agriculture purposes.
  3. A Demand Promissory Note is also required.
  4. Certificate by the Jewel Appraiser (Bank will arrange).
  5. Income Proof: Salary Certificate or salary slips of last three months and Form No.16.

Features of Gold Loan

Following are the Features of Gold Loan:

  1. You can avail Loan up to Rs.1 Crore or more & up to 70% of the value for any purpose
  2. You get 100% Safety & Security of your Gold Jewellery
  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.

About Chennai

In the automobile sector, Chennai is called the "Detroit of India". Being the capital of the state and also the industrial hub of South-India, this city is developing at a very rapid pace with infrastructure getting better and better day by day. Chennai is also a home to the Tamil film industry known as Kollywood. This city has some beautiful beaches with some historical buildings and tourist destinations including Mahabalipuram, which is a UNESCO heritage site.

How to Apply?

  1. A person can easily apply online for gold loan Chennai online in 2 minutes. The applicants just have to visit on www.dialabank.com.
  2. The process is very easy and simple.
  3. Furthermore, the customer doesn’t need to hassle anymore; he/she can apply online in 2 minutes.
  4. For more information, you may also call on 95920-46860

 

REMINDER SERVICES EMI CALCULATOR

GOLD LOAN

INTEREST RATES

 

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 an 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.