Gold Loan Dinanagar

The interest rates are very much less as compared to any other loan in the market. It is tension free loan in terms of the time and documents needed. Gold Loan takes on just 30 minutes to get disbursed.

Gold Loan Dinanagar Eligibility Criteria

Loan Amount

Minimum 18k

Maximum depends upon the weight of the gold

Age

Minimum: 18 years

Maximum (at loan maturity): 70 years

Citizenship

Indian

Gold requirements

Minimum 10 gram of gold

Employment status

salaried

self-employed 

 

Why one should choose Gold Loan in Dinanagar?

  1.  Less processing charges.
  2. No hidden charges.
  3. Fast Loan disbursal.
  4. No credit checks.
  5. No co-signer needed.
  6. Prepayment facility.

 Gold Loan Dinanagar Interest Rate

Gold Loan Scheme

Loan Tenure / Period

The rate of Interest (p.a.)

TrueValue Loan

 12 months

12 %

 

 Documents Required for Gold Loan

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

Advantages of Taking a Gold Loan

Following are the Advantages of a Gold Loan:

  1. No income and salary criteria- Gold loans do not require any documentation or validation for income or salary of the person. So even if you are unemployed and unsalaried you can still avail a gold loan. This is because you are pledging a valuable asset i.e. gold in return of the money.
  2. Can be provided in cases of bad credit history as well as low-income level.
  3. You need to repay only the interest- You have the option to pay only the interest during the tenure of the entire gold loan and at the end of tenure, you can pay the entire borrowed amount in a single shot.
  4. Total Convenience- The most convenient of all the loans is a gold loan. This is because in this all you have to do is pledge your gold with a bank or a private finance institute and the work is done. You can get a loan up to 80% or more of its market value immediately.
  5. Less processing time- No tedious and lengthy documentation is required in case of gold loans, hence it can be resorted to in times of urgent needs. Banks take a few hours in the processing of the gold loan whereas some NBFC’s state that they only take a few minutes for the same task.

 About Dinanagar:

The City of Dinanagar is a municipal council in the district of Gurdaspur in Punjab State. Dina Nagar takes its name after Dina Beigh, one of Akbar's loyalists to whom the emperor arranged Jagirs in this area.To get a gold loan in Dinanagar call 9592046860 or call www.dialabank.com.