People these days prefer to apply for a loan where they can get money quickly and without any hassle. There is a loan option termed as Gold Loans. It is a loan available to the consumer, not within hours but within minutes. It is a loan available with very short tenure period of 6 to 12 months.

About Gold Loan Jalore

Are you thinking about taking a loan from the bank but don’t have enough credit score to avail? Is your business suffering from massive financial loss and you need extra support? Getting intimidated by so many different loaning options and not able to decide which one is the best for you? Then we have just the right thing for you. With Gold Loan Jalore you can quickly get the required funds that you need. In addition to this, a gold loan is said to be one of the most availed loaning schemes as the loan amount is free from any restriction meaning you can easily use spend the principal amount in any way you like without facing any problem. You can use it for paying your medical bills, or you can use it to pay your daughter’s college fee.

Read More - About Gold Loan

Gold Loan Jalore Interest Rates

In general gold, the loan is available at straightforward rates of interest. This is because the gold loan comes in the category of secured loans. So the interest rates are less than that of personal loan or any other kind of loans. Though the interest rates keep fluctuating time to time still, the gold loan is available at 1% per month interest rate.

 

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Benefits of taking Gold Loan Jalore 

  1. You can get Loan up to Rs.1 Crore along with 90% of in market value of your gold ornament from the NBFC
  2. You get 100% Safety & Security of your collateral gold ornament
  3. Simple documentation and fast processing.
  4. The rate of interest is payable the only amount of the overdraft that you use.
  5. No banking history. Thus, people with bad CIBIL can also avail this loan. This is only because of collateral which gold loan requires as a security against the loan amount.
  6. It has flexible tenure options ranging from 6 months to 5 years.
  7. In addition to this, the gold loan comes with multiple repayment options and bank lets you decide how you want to pay the loan amount back.
  8. Both salaried and self-employed applicant is eligible to take this loan and use it according to their needs.

Know More -  Gold Loan Features and Benefits

Eligibility for availing Gold Loan 

  1. Applicant’s Age must be above 18 years and below 65 years
  2. Applicant must be an Indian citizen
  3. Minimum gold must be 10 gm to avail gold loan 
  4. Gold must be between 18 carats to 22 carat
  5. A gold loan can be availed only on jewelry

Know More - Gold Loan: Factors to Remember

Why one should choose Gold Loan in Jalore?

  1. Low interest rates
  2. No prepayment charges
  3. No need of cosigner
  4. No EMI, service only interest
  5. No credit checks
  6. Minimal Documentation
  7. Easy repayment schemes
  8. No hidden charges
  9. Fast Loan Approvals

Know More - Top Reasons why Gold Loan is the best borrowing option

Documentation required for taking Gold Loan Jalore

  1. Proof of Identity: Aadhar Card/PAN Card/Passport Copy/ Voters ID card/ Driving License.
  2. Address Proof: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.
  3. Signature Proof: Passport Copy/Driving License/Banker's verification/cheque.
  4. Two passport size colored photographs.

How to Apply for Gold Loan Jalore Online?

  1. Firstly, visit our website that is Dialabank
  2. Secondly, the applicant has to fill a form Online which involve necessary information.
  3. After this, you will get a call back from our Relationship Manager to clear all doubts as well as to assist you in the entire process of the Gold Loan.
  4. Next, the applicant can check his /her eligibility for further clarification of the approval of a gold loan.
  5. Moreover, Submit all the documents need as proofs in the bank.
  6. Gold loan is approved in some minutes and disbursed within a day.
  7. Lastly,  call us directly for any quires at 9592046860, to clear any doubts.

Know More - Best Gold Loan Services

About Jalore:

Jalore is a town of Rajasthan in India.Jalore also known as Jalor.It is the management head office of Jalor district.In the past Jalore was known as Jabalipura. The town was also known as Suvarngiri or Songir, the Fantastic Install, on which the fort appears.

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FAQs About Gold Loan 

  1. How does  Gold Loan work?
     Loan on gold is very simple to understand. The Banks /NBFC provides you with funds against your gold ornament. The amount depends upon the gold weight.
  2.  Gold Loan is secured?
    Yes, it is essential to note that the loan on gold comes in the category of secured loans. Because in a gold loan the applicant put their gold ornaments into the bank’s locker as security or as collateral.
  3. What happens when you don’t repay a Gold Loan?
     If the borrower is unable to return the gold loan on time, then the bank is liable to sell his gold ornaments.
  4. To get a gold loan do I need a co-applicant?
     No, to avail Gold loan you don’t need any co-applicant 
  5. Is Gold loan better than a Personal loan?
    Yes, a Gold loan is better than personal Loan because in Gold Loan banks/NBFC's takes Gold ornament as well as a gold coin as collateral and in case of Personal loan it is un-secured and hence carries higher interest than a gold loan.
  6. What is the best online platform to avail gold loan?
    Dialabank is the best platform to get a loan. Dialabank provides you hassle-free process as well as the lowest interest rate in the market as compared to others.
  7. Is there any fee payable for the Gold Loan?
    Yes, you have to pay the loan processing fee (non-refundable) as well as Valuation fee.

Gold Loan Interest Rate of Different Banks - Updated on 2019

Bank  Gold Loan Rate 
HDFC Bank 10.75%
Yes Bank  10.85%
Axis Bank 10.90%
SBI Gold Loan 11.50%
ICICI Bank 11.75%
IIFL Gold Loan 11.75%
Allahabad Bank Gold Loan 11.75%
Muthoot Gold Loan 12.00%
Federal Bank Gold Loan 12.00%
Manappuram Gold Loan  12.25%
IDBI Bank 12.25%
PNB Gold Loan 12.25%