If you need cash immediately for any financial emergency and anxiously looking for an efficient way out of the current situation, then Gold loan Churu may be the best option available to you. The reason for opting for the gold loan is its fast disbursement and very less paperwork involved in the loan process. The average time in the disbursement process is around thirty to forty minutes.

And on top of that, the credited amount can be used instantaneously for any purposes be it payment of medical bills, education or some outstanding debts. If you are in dire need of cash to meet an emergency, then availing a Gold Loan is the best scheme for you. It is a loan that offers monetary support to people by pledging gold ornaments as collateral. It is an affordable scheme as one can quickly acquire finance without selling precious assets.

About Gold Loan Churu

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.

Read More - About Gold Loan

Gold Loan Churu Interest Rates

10.70% is the minimum annual interest rate you can expect on these loans. Therefore, the monthly interest rate would end up being lower than 1%. Also, you can foreclose your mortgage by paying the preclosure charges. By using this feature, you can get your collateral gold back before the tenure ends. The preclosure costs range from 0-3% of the total loan amount.

Benefits of taking Gold Loan

  1. See first; the interest rates are lower than any other loaning scheme.
  2. Moreover, the loan amount depends on the applicants collateral.
  3. As a result, you can expect your loan amount to be almost 80% of the collaterals in market value.
  4. Furthermore, your gold is safely locked in vault, and NBFC will hold its full responsibility.
  5. Both salaried and self-employed applicant is eligible to take this loan and use it according to their needs.

Know More -  Gold Loan Features and Benefits

Eligibility for avaling Gold Loan Churu

  1. First of all the minimum age of applicant: 18 years
  2. After that the maximum period of an applicant at loan maturity: 65 years
  3. Gold jewelry should be owned by the applicant or any of the family members.
  4. The purity of collateral should range in between 18 Karat to 22 Karats
  5. Also, the weight should be at least 10 grams at the time of evaluation
  6. First of all the applicant should be a citizen of India.
  7. The minimum loan amount for taking a gold loan is Rs. 18,000.
  8. The maximum loan amount will depend upon the weight of the gold, profile of the customer, etc.

Know More - Gold Loan: Factors to Remember

Required Documentation for taking Gold Loan

  1. Identity Proof: Voters ID card/ Driving License /Passport Copy
  2. 2 passport size photographs.
  3. Address Proof: Passport copy/Trade license /Shop & Est. License/Sales Tax certificate/
  4. Ration card/ Tel, Electricity Bill/ Rental bill
  5. Signature Proof: Banker's verification/Cheque /Passport Copy/Driving License.

Know More - 5 Must factor to keep in mind before availing a Gold Loan

Why Gold Loan is one of the best loaning option?

  1. Your loan gets approval within 15 minutes of applying.
  2. Moreover, these loans have easy repayment options.
  3. Thus, making it easier for an applicant to pay the loan amount back.
  4. Furthermore, you are free to use the principal amount of loan.
  5. The processing fee is almost negligible in comparison to other loaning schemes.
  6. Likewise, the loan amount ranges from 20,000 Rs to 1 Crore depending. Therefore, it can be used for both big and small financial needs.
  7. Lastly, both salaried and self-employed applicant is eligible to take this loan and use it according to their needs.

Know More - Top Reasons why Gold Loan is the best borrowing option

How to avail Gold Loan Churu 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 Churu

The town of Churu is the desert region of Rajasthan state of India. Churu is known as the gateway to the Thar Desert of Rajasthan. It is the administrative headquarters of Churu District. It lies in the Thar Desert on the National Highway-65 connecting Pali to Ambala. Churu is a district with an enchanting topography amidst the Thar Desert. It had a population of 97,627. It is medium size industry in the industrial area.

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%