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.

Interest Rate Gold Loan Kullu:

Interest Rate

Gold Loan interest rate

10.50% onward

Processing fee

1.50%

Lone Tenure

3 month to 36 month

Loan Amount

RS.18k to RS. 1cr

The purity of eligible gold

18carat to 22carrat


Eligibility

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 


Documentation

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 Documentation

In Rural Area Agriculture Loan Against Gold Is Also Available For Agriculturist at Very Nominal Rate of Interest

Interest Rate

7% Onward

Proof

Agriculture Document needs to be provided


Features of Gold Loan:

Following are the Features of Gold Loan:

  1. The banks and NBFCs give Rs 1 Crore as the greatest amount in these loans.
  2. More safety and security are given by the lenders to your gold.
  3. Applicants, at any time, can apply for these loans.
  4. The rates of interest will be degraded for the loans which are used for agriculture.
  5. Lowest counts of documents are provided in these loans.
  6. The time of processing in these loans is merely in hours.
  7. The over drafting can be an asset for the applicants.

About Kullu

The City of Kullu is the capital city of the Kullu District, in Himachal Pradesh State, India. It is situated on the banks of the Beas River in the Kullu Valley about ten kilometers north of the airport at Bhuntar. It is a broad open valley formed by the Beas river between Largi  & Manali. This valley is famous for its beauty and its majestic hills covered with Pine and Deodar Forest and sprawling Apple Orchards. The course of the Beas river presents a succession of magnificent, clad with forests of Deodar, towering above trees of Pine on the lower rocky ridges.