About Gold Loan

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 low interest rate. 

Rate of Interest And Other Charges

Interest Rate

Gold Loan interest rate

10.50% onward

Processing fee

1.50%

Lone Tenure

3month to 36month

Loan Amount

RS.18k to RS. 1cr

The purity of eligible gold

18carat to 22carrat

 

Collateral Required

Gold Jewellery / Gold Bars

Loan Tenure

6 Months / 12 Months (can be renewed up to 3 Years)

Max Funding

Up to 90% of Gold Value

Pre Closure Charges

0 % to 2 % of the outstanding loan amount

 

Eligibility

ELIGIBILITY

Loan Amount

Minimum 18k

Maximum depends upon the weight of the gold

Age

Minimum: 21 years

Maximum (at loan maturity): 60 years

Citizenship

Indian

Gold requirements

Minimum 10 gram of gold

Employment status

Salaried

Self-employed 

Required Documents

Documentation

Borrower Identity

Two passport size colored photographs

Proof of Identity

Passport Copy/ Voters ID card/ Driving License/Adhar card/ PAN card.

Residence 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

Other Documents

Additional Documentation

Land Proof

In the case of Agriculture Loan of more than Rs. 1 lac. The proof is not necessary for allied agriculture purposes.

Demand Promissory Note

Certificate by the Jewel Evaluator(Bank will arrange).

Income proof

Salary Certificate and Form No.16.

 

Features And Benefits Of Gold Loan Anupshahr

Following are the Features of Gold Loan:

  1. Rs 1 Crore of amounts are accessible in these loans.
  2. Your gold promises to the lenders will be kept safe and sound with the lenders.
  3. The loans can be approved at any time and anywhere they want.
  4. The low interest rates are granted on these loans.
  5. The number of documents which are needed for these loans is less.
  6. The processing time of these loans is in minutes.
  7. The overdraft facility on these loans gives one more profit to the people.

About Anupshahr

Anupshahr (Anoopshahr) is a municipal board in the Indian state of Uttar Pradesh in Bulandshahr district.  India census,Males constitute 53% of the population and females 47% (As of 2001 ). It has an average literacy rate of 57%, lower than the national average of 59.5%; with 59% of the males and 41% of females literate. 15% of the population is under 6 years of age. It is called as Chotti Kashi ("Little Kashi") and located on the banks of the holy river Ganges. Krishna Temple is an important temple in the town.