About Gold Loan

The loans which are given to the people on the basis of the  jewelrys and objects of gold are called gold loans.

The banks and NBFCs are providing the loans and keeping the gold safer to make the peoples’ lives safer and easier.

The loans might have the same amounts as of the gold.

Gold Loan Interest Rates:

Check the Interest Rates for Gold Loan.

  1. The rate of the interest in these loans is from 10.5% p.a.
  2. The loan tenure is from 1 to 4 years.

Why should one choose Gold Loan in Arambag?

These loans can have the provisions of pre-closures that resemble that you can shut the amounts of the loans before the maturity of these loans.

  1. Very few of the applicant’s papers are required in these loans.
  2. The lowest values of these loans can be of Rs. 18,000/-
  3. The penalties of the loans have been eliminated

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/Aadhar 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.

Income proof

Salary Certificate and Form No.16.

 

Features And Benefits Of Gold Loan Arambag

Following are the Features of Gold Loan:

  1. The banks and NBFCs approve Rs 1 Crore as the values of these debts.
  2. Your gold will have more security than ever with the loan lenders.
  3. At any time of life and anywhere the loans can be availed by the people.
  4. The rate of interest on the loans is very low and lower than many other typese of loans.
  5. The papers which are needed for the grant of these loans can be numbers on the fingertips.
  6. The loan amount will be disbursed in just minutes.
  7. These loans have now the provisions of over drafting the portion of the loan amount.

About Arambag

Arambag is the town of Hooghly district of West Bengal. The town has the population of 66,175 (Census 2011). The economy of the city formsm the cultivation and other business services of the rice and potatoes. The several rice mills provide the contribution in the economy of the city.