About Gold Loan
There are times when a person needs cash immediately. Such a situation, one can think to apply for a Gold Loan. It is a scheme where a person has to provide collateral to the lender and lender gives the money according to the value of the collateral. Gold Loan is easily available within a few minutes and with instant cash, you can fulfill all your dreams.
Why one should choose Gold Loan in Chamkaur Sahib?
- No EMI, service only interest
- No credit checks
- Minimal Documentation
- Easy repayment schemes
- The Loan gets sanctioned in just a few minutes.
- The money is offered to the customer after a quick evaluation of gold.
Features of Gold Loan Chamkaur Sahib
Following are the Features of Gold Loan:
- You can avail Loan up to Rs.1 Crore or more & up to 70% of value for any purpose
- You get 100% Safety & Security of your Gold Jewellery
- Get your Loan processed in less than 30 minutes
- Enjoy Anytime Liquidity.
- No EMI, Service only Interest and enjoy the Loan facility
- Lower Interest Rates
- Simple documentation and fast processing.
- Overdraft limit varies depending on the market rate of gold.
- The interest rate is payable the only amount of the overdraft that you use.
Gold Loan Chamkaur Sahib Eligibility
- First of all the age of the applicant should be more than 18 years.
- After that, the maximum age of the applicant can be 70 years.
- The applicant should be a citizen if India.
- The applicant should have gold more than 10 grams.
Documents Required for Gold Loan Chamkaur Sahib
- Proof of Identity:Aadhar Card/ Passport Copy/ Voters ID card/ Driving License.
- Address 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.
- 2 passport sizecolored photographs.
Additional Documents Required:
The banks generally demand the above-given documents. However few banks demand someadditional documents, which are mentioned below:
- Land Proof: In case of Agriculture Loan of more than Rs. 1 lac.The proof is not required for allied agriculture purposes.
- A Demand Promissory Note.
- Certificate by the Jewel Appraiser (Bank will arrange).
- Income Proof: Salary Certificate and Form No.16.
Gold Loan Scheme
Loan Tenure / Period
The rate of Interest (p.m.)
About Chamkaur Sahib:
Chamkaur Sahib is a subdivisional town in Ropar district of Punjab. It is famous for the battle of Chamkaur. The major language spoken here is Punjabi.