Dropping your plans just because of the fund shortages? Hence the Gold loans are the most popular as well as reliable funds. The economic huddle of the life can be removed with the help of banks and NBFCs provided on the Gold deposits. Therefore, if you require the Loan on Gold, then the Banks and NBFCs are there for help you out to overcome the money crisis. Moreover, the banks and NBFCs are helping the people by providing the Gold Loans as well as by keeping the gold deposits with more safety and securities. 

What is Gold Loan?

The quick funds which can be granted to overcome money crises are known as  Gold Loans. Moreover, the banks and NBFCs gives these loans by the gold deposits by you.  Besides that, anyone can be avail Gold Loan only you required 10 gram of gold. Also, the lenders provide gold loans with minimal needs as well as simple procedures.
 

Gold Loan Highlights

1. High Loan amount from a minimum in thousands to a crore.
2. Secondly, Quick processing.
3. Bad credit history/ CIBIL score, not an issue.
4. Instant Processing and Disbursal.
5. Also, the lowest interest rate.
6. Minimum documentation required.
7. Furthermore, Flexible repayment option
 

Gold Loan Diamond Harbour Interest Rates

In general Loan on Gold, the credit is available at a low interest rate. Moreover, the reason behind that the gold loan comes in the category of secured loans. So the Gold interest rates are less than that of personal loan or any other kind of loans. Though the gold loan rate keeps on changing with the passage of time as well as person to person. The Gold Loan Interest Rate is available at 1% per month interest rate.
1. Gold Loan Interest rate - 10.70 %
2. Also, offer low processing fee -  0.85%
3. Further, pre-closer charges range from 0 – 2 %.
4. Besides Tenure minimum six months; maximum five year
5. Lastly Amount - Thousand to a crore       
 

Features of Gold Loan

1. Firstly, the provisions of the pre-closure are granted in these loans.
2. Secondly, the loans require the minimum documentation process.
3. Thirdly gold loan is easy to avail you can easily apply for a Gold Loan Online with Dialabank.
4. After the approval of loan on gold, if you have all required documents, your loan can be disbursed on the same day.
5. Gold Loan will be approved within 5min if you are eligible to take a loan. 
6. To avail Gold Loan you don't require to have a good CIBIL score. You can get a Loan on Gold even if your CIBIL score is terrible.
7. Gold loan interest rate is low as compared to other loans 
8. 100% Safety of your gold ornament.
 

Gold Loan Eligibility

There are some eligibility criteria defined by the Lender. The applicant can get a gold loan only if he/she is eligible. Let us discuss them

1. Firstly, the age of the applicant should not be less than 18 years.
2. He/she should be a citizen of India.
3. After that, the applicant should have a minimum of 10 grams of gold.
 

Gold Loan Documentation

1. Firstly, an Identity Proof is required. It can be an Aadhar Card/ Voter ID card/ PAN Card/Driving License/ passport.
2. Secondly,  One proof of residence is also required while applying for a gold loan; it can also be an Aadhar Card/ Card/ Voter ID card/ PAN Card/Driving License/ passport/Ration Card/Electricity/water bills of last three months with the name of the applicant.
3. Two colored photographs.
 

Additional Documentation for Gold Loan

The bank needs a Proof of ownership of Land if you are applying for an Agriculture Gold Loan.
1. Land Proof - In the case of Agriculture Loan on gold of more than Rs. 1 lakh the proof is not required for associated with agriculture purposes.
2. Needed a Demand Promissory Note - Certificate by the Jewel Appraiser (Bank will arrange).
3. Besides Income Proof of Salary Certificate as well as Form No.16
 

Gold Form accepted by Lender

1. Gold in the form of the ornament is accepted by the lender like a necklace, earring, gold bangles, etc
2. Gold coins weight less than 10 grams taken by the lender 
3. The bank does not accept sole Manglasutra.
4. The lender does not accept any minted coins.
5. Lastly, that gold bars and gold bricks are not accepted.
 

Why Dialabank for Online Gold Loan?

1. Firstly www.dialabank.com offers a very easy process of application for Online Gold Loan
2. After that, the applicant gets a good comparison of the gold interest rates of other banks as well.
3. Furthermore, the company provides the document pickup facility from your doorstep.
4. Lastly, you will get the best as well as the lowest interest rate. Moreover, for more information call 9592046860 or 60011600 with your city code.
 

 

Leading Gold Loan Providers (Click to Apply)

Manappuram Gold Loan

Muthoot Gold Loan

HDFC Gold Loan

Other Banks