About Gold Loan

Do you need funds to meet an emergency? If yes then you can apply for a Gold Loan. It is a financial product that demands gold assets to place as collateral with the lender. The money derived through this scheme can be used for various short term requirements like education expenses, for marriage and many more.

Why One Should Choose Gold Loan In Betul?

  1. It does not require any cosigner.
  2. The applicant has options to pay only interest during the tenure of the loan.
  3. It requires minimal documentation as compared to other loans.
  4. It involves simple procedures and fast Loan approvals.
  5. It is a quick and fast way to make money. 

Rate Of Interest Gold Loan Betul:

  1. The banks and NBFCS are providing these loans at the rate of 10.5%.
  2. The time of these loans is from 1 to 4 years.

Eligibility

ELIGIBILITY

Age

Minimum: 18 year

Maximum (at loan maturity): 70 year

Gold requirements

Minimum 10 gram of gold

Loan Amount

Minimum: 15k

Maximum: No Limit

Citizenship

Indian

Employment Status

Salaried

Self-employed 

Required Documents

  1. Identity Proof (Passport Copy/ Voters ID card/ Driving License). 
  2. Proof of Address (Ration card/ Tel, Electricity. Bill/ Rental Agr. / Passport copy/ Trade license /Shop & Est. License/Sales Tax certificate).
  3. Signature Verification Proof (Passport Copy/Driving License/Banker's verification/cheque)
  4. 2 passport size photographs.

Other Documents

  1. For farmers, the banks and NBFCs offer low rates of interests on the gold deposits.
  2. For this, the applicants have to provide the agricultural documents and also the income proof.

Features Of Gold Loan Betul:

Following are the Features of Gold Loan:

  1. The largest funds which the lenders can provide can be of the amount of Rs 1 Crore.
  2. The gold of the customers will remain safe and secure with the banks.
  3. The loans can be taken at the tima e customer wants and wherever he wants.
  4. The rate of interest on these loans is very competitive and lower.
  5. The documents which are required in these loans are low.
  6. The quick processing of these loans is another profit.
  7. The provision of the overdraft can be opted from the lenders and the rate of interest is payable only on the amount used.

About Betul:

The city of Betul is a municipality in Betul district, the state of Madhya Pradesh. Betul is the administrative center of Betul District located in southern Madhya Pradesh. It forms the southernmost part of the Bhopal Division.

How To Apply

Apply online on www.dialabank.com

Check the eligibility

Call the helpline number 600-11-600 or 95920-46860

Visit the bank

Submit all the documents

Get the loan