About Gold Loan

Whatever is your financial need, Gold Loans is the best option to avail instant finance within a very short period of time. With the security of your Gold,  you can avail loan for fulfilling different financial needs.

Why one should choose Gold Loan in Ashta?

  1. No co-signer needed.
  2. Prepayment facility.
  3. Fast Loan Approvals
  4. Flexible pre-closure options.
  5. Premiums calculated on daily reducing balance.

Rate of Interest

Interest Rate

Gold Loan interest rate

10.50% onward

Processing fee

1.50%

Lone Tenure

3month to 36month

Loan Amount

RS.18k to RS. 1cr

The purity of eligible gold

18carat to 22carrat

 

Other Requirements

Collateral Required

Gold Jewellery / Gold Bars

Loan Tenure

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

Max Funding

Up to 90% of Gold Value

Pre Closure Charges

0 % to 2 % of the outstanding loan amount

Required Documents

 

Documentation

Borrower Identity

Two passport size colored photographs

Proof of Identity

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

Residence Proof

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

Signature Proof

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

Other Documents

In Rural Area Agriculture Loan Against Gold Is Also Available For Agriculturist at Very Nominal Rate of Interest

Interest Rate

7% Onward

Proof

Agriculture Document needs to be provided

 

Features and Benefits

  1. The cost of Rs 1 Crore can be approved in these loans.
  2. The gold objects will be much more secured in lockers of the lenders than in your lockers.
  3. The loans can select these gold loans at any time of the lifespan.
  4. The agriculture uses of these loans will have more low rates of interest than usual.
  5.  The documents asked by the banks and NBFCs are low in numbers.
  6. The loans take only a few hours for the processing, fastest of all.
  7. The banks and NBFCs offer the continence of over drafting, which can be a profit for the applicants.

About Ashta:

The city of Ashta is a municipality in Sehore district, the state of Madhya Pradesh. According to the Census 2011, Ashta's population was 59,773. It is a small town which includes all facilities including hospital, school and road transport