About Gold Loan

Gold is the precious asset of every common man in this world. People are emotionally attached to this personal asset. People kept their gold in lockers.

But, why to keep gold in the locker if this gold cannot support you in your bad times.

Gold Loan is the best option to overcome the entire crisis. 

Gold Loans that relies only on the value of your gold rather than your repayment capacity.

Why one should choose Gold Loan in Bijbehara?

  1. No need of a cosigner
  2. Less processing charges.
  3. No hidden charges.
  4. Fast Loan disbursal.
  5. No credit cheques.
  6. No co-signer needed.
  7. Easy repayment schemes. 

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 Required:

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

Additional Documents Required

Additional Documentation

Land Proof

In the case of Agriculture Loan of more than Rs. 1 lac. The proof is not necessary for allied agriculture purposes.

Demand Promissory Note

Certificate by the Jewel Evaluator(Bank will arrange).

Income proof

Salary Certificate and Form No.16.

Features of Gold Loan:

Following are the Features of Gold Loan:

  1. Rs 1 Crore is the greatest amount which can be borrowed.
  2. The lenders provide more safety and security to your gold than you.
  3. You can apply for these loans at any times.
  4. The rates of interest will be diminished if these loans have the purpose in agriculture.
  5. The least number of documents are needed in these loans.
  6. The processing time of these loans can be counted in hours.
  7. The over drafting can be chosen by the customers.

About Bijbehara:

Bijbehara is a town in Anantnag district of Indian state of Jammu and Kashmir. The place is also known as the Chinar town, because of the two Chinar gardens in the place. The importance of the place can be observed in history.  The official language is spoken here is Urdu. The population of the city is 22,789 (Census 2011).