About Gold Loan

Do you need cash to meet an emergency?

If yes, then you can consider availing a Gold Loan.

It is a loan that demands you to place gold ornaments as collateral with the lender.

The money acquired through this scheme can be used for various purposes like paying medical bills, marriage etc.

Why one should choose Gold Loan in Jhanjharpur?

  1. No need for a cosigner.
  2. No EMI, service only interest.
  3. No credit checks.
  4. Minimal Documentation Loan.

Features of Gold Loan:

Following are the Features of Gold Loan:

  1. Rs 1 Crore of values are available in the gold debts.
  2. Your gold securities will remain safe and sound in the hands of the lenders.
  3. The loan amounts can be taken out at any moment you like.
  4. These loans are attainable with the lower rates if the amount of loans is to be used in agriculture.
  5. The number of documents which are asked for these loans is a few.
  6. The loans are available in just a few minutes.
  7. The gold loans come with the convenience of overdraft.

Rate of Interest on Gold Loan Jhanjharpur

  1. The gold has the minimum rate of interest of 10.5% p.a.
  2. The banks and NBFCs give these loans for a time period of 1 to 4 years.
  3. The pre-closure charges of these loans are 0% to 2% of the outstanding value of the loans.

Eligibility of Gold Loan Jhanjharpur

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  for Gold loan Jhanjharpur

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

Additional documents required

The banks generally demand the above-given documents. However few banks demand some additional documents which are as follows

  1. Land Proof: In the case of Agriculture Loan of more than Rs. 1 lac. The proof is not required for allied agriculture purposes.
  2. Income proof: Salary Certificate and Form No.16.

About Jhanjharpur:

The town of Jhanjharpur is the headquarters of a subdivision in the Madhubani district, the state of Bihar. It is located in the foothills of the Himalayas, on the bank of the Kamala River

How to Apply?

Apply online on www.dialabank.com

Check the eligibility        

Call the helpline number 600-11-600 or 95920-46860

Visit the bank

Submit all the documents

Get the loan

We assure you that we will provide you with the lowest interest rate on your gold as compared to others call us 95920-46860 for more details.