Do banks turn you away while you ask for a loan? Are you thinking about which could be the best loan option for you? Are you in need of immediate cash to solve your problems? Then gold loan may be the best option for you.

Why Gold Loan Bahadurgarh?

Gold Loan is an easy and straightforward way to get instant finance. A gold loan is a loan secured against gold pieces of jewelry or ornaments. Gold loan is a loan which is given against particular physical security of gold. Gold is generally kept away in bank lockers or safely at home, but you can get instant cash with the help of gold loan which can help in mobilizing your personal assets because of lower interest rates of gold loans as compared to other ‘unsecured’ loans, it is becoming more and more preferred loans among people.

Read More - About Gold Loan

Gold Loan Bahadurgarh Interest Rates

  1. The annual rate of interest that Manappuram is providing is 10.75%
  2. Thus, the monthly interest rate comes out to be less than 10%.
  3. In addition to this gold, the loan comes with the foreclosure facility.
  4. Gold loan foreclosure penalty ranges from 0-3% of the total loan amount.
  5. The tenure period starts at six months and extends up to 5 years.

Features of Gold Loan Bahadurgarh

  1. You can avail Loan up to Rs.1 Crore or more & up to 70% of value for any purpose
  2. Easy repayment schemes.
  3. You get 100% Safety & Security of your Gold Jewellery
  4. Get your Loan processed in less than 30 minutes
  5. It takes just a few minutes to sanction a loan.
  6. The money is offered to the customer after a quick evaluation of gold.
  7. It is free from the hassle of lengthy paperwork.
  8. Minimal Documentation.
  9. Low-interest rates.
  10. Enjoy Anytime Liquidity.

Know More -  Gold Loan Features and Benefits

Eligibility of Gold Loan Bahadurgarh

  1. Must be  an Indian citizen
  2. Must have gold more than 10gm
  3. Should be between the ages of 18 and 65 years

Know More - Gold Loan: Factors to Remember

Why Gold Loan is the best loaning option?

  1. See first of all, as we already mentioned with a gold loan you will be getting the lowest interest rate possible on the given loan amount.
  2. Furthermore, the application process is fast, and it requires minimal documentation.
  3. In addition to this, your collateral is safely locked in the NBFC’s vault, and Manappuram will provide full security to your gold ornaments.
  4. Likewise, the gold loan comes with an almost negligible processing fee.
  5. In addition to this, you can apply for this loan online and save you time.
  6. No good credit history is required to avail this loan as an applicant is pledging his/her gold ornament as security against the loan amount.
  7. Gold Loan comes with repayment options. Thus, making it easy for the borrower to pay the loan amount back.
  8. The disbursal of the gold loan takes less than 24 hours.

Know More - Top Reasons why Gold Loan is best loaning scheme

Documents required  for Gold Loan Bahadurgarh

  1. Proof of Identity: Driving License/Passport Copy/ Voters ID card
  2. Address Proof: Tel, Electricity Bill/ Rental bill/ Passport copy /License-Sales Tax certificate
  3. /Ration card/ /Trade license /Shop & Est. 
  4. Signature Proof
  5. Passport Copy
  6. Banker's verification/cheque.
  7. Driving License
  8. Lastly, two passport size photographs.

Know More -  Things to keep in mind before availing a Gold Loan

How to Apply Gold Loan Bahadurgarh 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.

About Bahadurgarh

The City of Bahadurgarh is also known as the "Gateway of Haryana," is both a city. It is a municipal council situated in Jhajjar in the state of Haryana. It is about 2kms from Delhi (Tikri Border). It is one of the major cities of the National Capital Region. Industrial Model Township, Bahadurgarh (IMT Bahadurgarh) or Bahadurgarh Industrial Area in NCR is one of the largest  Industrial areas of Haryana on the western border of Delhi.

It lies east of Rohtak along Delhi Western Peripheral Expressway. Bahadurgarh is connected to Delhi Metro on 24 Jun 2018 and located on the planned Delhi-Bhadurgarh-Rohtak Regional Rapid Transport System (RRTS), it is part of Amritsar Delhi Kolkata Industrial Corridor (ADKIC) on Eastern Dedicated Freight Corridor (EDFC), that is on track.

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%