Are you looking for a loan with low interest rates? Is your business suffering from a financial loss? Do you want to fund your daughter’s college fee without spending your savings? Then we have just the right thing for you. With Gold Loan Kapurthala  you can quickly get the required funds that you need without having to worry about paying high-interest rate amount. Also, a gold loan is the fastest and the easiest way one can get a credit from the bank as it requires minimal documentation.

About Gold Loan Kapurthala

To meet urgent financial needs we need some help which can instantly help u in terms of finances. Getting financing is very much easy through loans. Basically, loan options depend upon the repayment capacity of an individual. However, a person can also go for financial help despite low income with the provision of Gold Loan. It is a loan taken by an individual against the amount of gold he possesses. 

Read More - About Gold Loan

Gold Loan Kapurthala Interest Rates

10.70% is the annual interest rate you will get on these loans. Therefore, the monthly interest rate comes out to be less than 1%. Borrower’s gold purity and quality decide the interest rate and the loan amount. When talking about the interest rate, we must speak about foreclosure as well. With this feature, you can easily take the possession of your gold ornament back before tenure ends. The foreclosure charges range from 0-3% and along with this you need to pay the remaining loan amount also.

Know More - Gold Loan Per Gram

 

Why one should choose Gold Loan in Kapurthala?

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

Know More - Gold Loan Per Gram

Eligibility for Availing Gold Loan Kapurthala

  1. Minimum Age of the Applicant- 18 Years
  2. Maximum Age of the Applicant- 70 Years
  3. Minimum Amount you can take by pledging your Gold Ornaments- INR 18000
  4. The minimum amount of Gold for your Cash disbursal of INR 18000 is ten gms
  5. The purity of the guaranteed Gold should be between 18 karats to 22 karat
  6. The collateral on which you are asking for a loan needs to be owned by the borrower or his/her family members.

Know More - Gold Loan: Factors to Remember

 

Benefits & Features of Gold Loan

  1. Loan Tenure up to 3 yrs
  2. Loan up to Rs. 20 Lakhs
  3. Gold Loan up to 75% the value of gold.
  4. Lowest interest rates in the market
  5. Safety and security of your gold
  6. Flexible repayment options
  7. No hidden charges
  8. Convenient and Fast
  9. Get a Gold loan with minimum documentation. Loan Disbursement on the same day of documentation & gold submission.

Know More -  Gold Loan Features and Benefits

 

Documents required for taking Gold Loan 

  1. Proof of Identity - (Aadhar Card/PAN Card/Passport / Voter's ID / Driving License/PAN Card/Aadhar Card)
  2. Signature Proof (Passport /Driving License/Banker's verification)
  3. Address Proof- (Aadhar Card/PAN Card /Ration card /Driving License/ Voter's ID / Utility Bill (anyone within last 3months) / Registered Rental Agreement / Credit Card Statement / Passport )
  4. Date of Birth Proof ( Driving Licence / PAN Card / Passport / Birth Certificate / 10th / 12th mark sheet bearing a date of birth)
  5. Two Passport size photographs
  6. Lastly, 2 Cheques

 

How to Apply for Gold Loan Kapurthala 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.

Know More - Best Gold Loan Services

 

About Kapurthala

The City of Kapurthala district in northern Republic of India of Punjab. It is the district headquarters.

Know More - Gold Loan Near Me

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%