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 a low-interest rate. 

Gold Loan Interest Rate

  1. The gold loan’s rate of interest starts at 10.5%.
  2. The bank and NBFCs give the time of the 4 years to the people.

Why should one choose Gold Loan in Azamgarh?

  1. The gold loan has the convenience of pre-closure.
  2. Very less documents are needed for these loans.
  3. The lowest amount of these loans is Rs. 18,000/-.
  4. There are no charges for the faults in these loans.

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 

 

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 Required 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.

Income proof

Salary Certificate and Form No.16.

 

Features and Benefits

Following are the Features of Gold Loan:

  1. The largest fund which the banks and NBFCs can avail is of the value of Rs 1 Crore.
  2. The gold of the applicants will remain safe and sound with the banks and NBFCs than at our homes. The loans can be availed at any time whenever you want.
  3. The rate of interest on these loans is very less and competitive.
  4. The documents which are required in these loans are minimum.
  5. The quick processing of these loans is another advantage. It takes only a few hours.
  6. The relief of the overdraft can be taken from the lenders and the rate of interest will be paid only on the amount used.

About Azamgarh

The City of Azamgarh district is one of the 3 districts of Azamgarh Division in the Indian state of Uttar Pradesh. The district is named after its headquarters city, Azamgarh. Azam, son of Vikramajit, founded the town in 1665. Vikramajit a descendant of Gautam Rajputs of Mehnagar in Nizamabad had embraced the faith of Islam. It has an area of 4,054 square kilometers (1,565 sq mi) and it lies between the Ganges and the Ghagahara.