About Gold Loan

People these days prefer to apply for a loan where they can get money quickly and without any hassle. There is a loan option termed as Gold Loan. It is a loan available to the consumer, not within hours but within minutes.

It is a loan available with a very short tenure period of 6 to 12 months.

Why one should choose Gold Loan in Lunawada?

  1. Easy repayment schemes
  2. The Loan gets sanctioned in just a few minutes
  3. The money is offered to the customer after a quick evaluation of gold
  4. It is free from the hassle of long paperwork
  5. Low interest rates

Features 

Following are the Features of Gold Loan:

  1. The greatest amount of Rs 1 Crore can be granted in these loans.
  2. The gold loan will remain safer than in the hands of the banks and NBFCs.
  3. These loans can be taken out at any time of the year.
  4. The rate of interest can be minimized in these loans if the amount is used for agricultural purposes.
  5. The documents which are required by the lenders are minimum.
  6. It takes only a few minutes for the grant.
  7. The over drafting can be chosen in these loans.

Rate of Interest on Gold Loan Lunawada

  1. The banks and NBFCs are providing the loans at the starting rate of interest 10.5% p.a.
  2. The loans have the life for the period of 1 to 4 years.
  3. The pre-closure charges of these loans are in between 0% and 2% of the outstanding value of the gold loan.

Eligibility on Gold Loan Lunawada

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 on Gold Loan Lunawada

Documentation process in a gold loan is not that tedious.

  1. First of all one proof of identity is needed.
  2. After that one residence proof is also required.
  3. Besides this 2 passport sized colored photographs are required to get a gold loan.

About Lunawada:

The town of Lunawada is a municipality in Panchmahal district, the state of Gujarat, India. The name Lunawada is derived from the Luneshwar Mahadev temple which is the temple of Lord Shiva. It is surrounded by water from all directions Panam river, Vasant Sagar, Kanka Talav, Veri River and Darkoli.

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.