About Gold Loan

If anyone having an emergency of quick money, gold loans are the best option for him.

The gold loan is a loan which is provided by the banks and NBFCs on the basis of the gold deposits.

The applicants can apply online for the gold loan.

The loan will be sanctioned in few minutes just by placing your basic documents to the lenders.

The gold deposits will be kept safe by the banks and NBFCs.

Why one should choose Gold Loan in Idar?

  1. Premiums calculated on daily reducing balance.
  2. Fast Loan disbursal
  3. Easy repayment schemes
  4. Less interest rate on female customer
  5. Minimal Documentation
  6. Easy repayment schemes
  7. No hidden charges

Features of Gold Loan in Idar:

Following are the Features of Gold Loan:

  1. The largest finances which the banks and NBFCs can give are the value of Rs 1 Crore.
  2. The gold of the customers will be kept safe and secure with the banks.
  3. The applicants can select to withdraw the loan amounts at any time and anywhere.
  4. The rate of interest on these loans is very less.
  5. The documents which are needed in gold loans are very less in numbers.
  6. The fast processing of gold loans is also an advantage.
  7. The provisions of the overdraft can be selected by the customers and they only have to pay the interest on the amount you use.

Rate of Interest on Gold Loan in Idar

  1. The lenders of gold loans charge the applicants the minimum rate of interest which is 10.5% p.a.
  2. The banks and NBFCs are giving this loan for a period of 1 to 4 years.
  3. The pre-closure charges of these loans are in between 0% to 2% of the outstanding value of the loans.

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 

 

Documents for Gold Loan Idar

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

Additional Documents Required

The banks generally demand the above-given documents. However few banks demand some additional documents which are as follows

  1. Land Proof: In the case of Agriculture Loan of more than Rs. 1 lac. The proof is not required for allied agriculture purposes.
  2. Income proof: Salary Certificate and Form No.16.

About Idar:

The city of Idar is a municipality in Sabarkantha district, the Indian state of Gujarat. Idar is located about 30 km north of Himatnagar and 60 km from Gujarat's border with Rajasthan. It is known for the manufacture of handmade wooden toys, tiles.

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

We assure you that we will provide you with the lowest interest rate on your gold as compared to others call us 95920-46860 for more details