Gold Loan Mullanpur Garibdass

Gold Loan is the best option available for the loan seekers at very best interest rates. Several financing authorities are available in market dealing with these Loans. The borrower should go for the best deal with the best offer available. Gold Loan is the only loan in the market which could be available within 5 to 10 minutes with an ease. In India, several lending institutions, private banks, and credit unions are available that provide Loan against Gold at the low-interest rate.

Gold Loan Mullanpur Garibdass Eligibility

  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 10 gms
  5. The purity of the pledged Gold should be between 18 karats to 22 karat
  6. The gold ornaments against which you are asking for a loan should be owned by the borrower or his/her family members.

 Features of Gold Loan Mullanpur Garibdass

Following are the Features of Gold Loan:

  1. You can avail Loan up to Rs.1 Crore or more & up to 70% of value for any purpose
  2. You get 100% Safety & Security of your Gold Jewellery
  3. Get your Loan processed in less than 30 minutes
  4. Enjoy Anytime Liquidity.
  5.  Lower Interest Rates
  6. Simple documentation and fast processing.
  7. Overdraft limit varies depending on the market rate of gold.
  8. The interest rate is payable the only amount of the overdraft that you use.

Documents Required for Gold Loan Mullanpur Garibdass

  1. Proof of Identity: 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 photographs.

Additional Documents Required:

The banks generally demand the above-given documents. However few banks demand some additional documents, which are mentioned below:

  1. Land Proof: In case of Agriculture Loan of more than Rs. 1 lac. The proof is not required for allied agriculture purposes.
  2. A Demand Promissory Note.
  3. Certificate by the Jewel Appraiser (Bank will arrange).
  4. Income Proof: Salary Certificate and Form No.16.

About Gold Loan

Gold Loan is the best Loan to overcome you're immediate as well as short-term needs. The documentation process for this loan is quite simple. There are no credit checks needed for this financing. A person suffering from bad credit score even avail for a gold loan. The interest rate offered in Loan against gold is less compared to other Loan. To compare the interest rates Click Here.

Interest Rates

Gold Loan interest rates usually 1% per month. However, these rates change from time to time. Besides that, the quality and weight of the gold ornaments also pay a major role while deciding the gold loan interest rates. In addition to these, the required loan amount is also a factor while deciding the gold loan interest rates.

About Mullanpur Garibadas

The Mullanpur Garibadas is a place in Mohali District. For the customers of MullanpurGaribadas, it is easier to apply for a gold loan online now. For more information, a customer can call on 9592046860.