About Gold Loan

In India gold is termed as wealth and most of the Indians love to invest in gold. The power of gold is not hidden from anyone. There are times in everyone’s life when financial conditions are not supporting you, at that time gold can be used as a tool. Gold Loan is the safest and easiest way to get financed. 

Gold Loan Interest Rates:

  1. The rate is starting at a rate of 10.5%.
  2. The loan time can vary from 1 to 4 years.

Why one should choose Gold Loan in Assandh?

  1. Easy repayment schemes.
  2. The Loan gets sanctioned in just a few minutes.
  3. No prepayment charges
  4. No need of a cosigner
  5. Less processing charges.
  6. No hidden charges.  

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 

 

Documentations

Documentation

Borrower Identity

Two passport size colored photographs

Proof of Identity

Passport Copy/ Voters ID card/ Driving License/Adhar 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

Following are the Features of Gold Loan:

  1. The funds of worth Rs 1 Crore can be approved with these loans.
  2. The gold jewelry is more secured in lockers of the lenders than in your lockers.
  3. The loans can be applied at any time.
  4. The loan’s usages in the cultivations and for related purposes can provide the lower rates of interest.
  5. The documents which are needed by the lenders to avail the gold loan are less in numbers.
  6. Only a few hours are counted in the tenure of processing.
  7. The applicants will have the provisions of over drafting.

About Assandh:

The City of Assandh is a municipal committee in Karnal district in Haryana State, India. The official language spoken here are Hindi. The population of the city is 27,125 (Census 2011). The debris of 2000 years old Buddhist stupa are here.