Every common man faces financial crises, and for that, he needs instant financing. With the availability of Gold Loan, all the hassle and tension has vanished. Gold enhances your beauty as well as it supports you in your hard times.
What is Gold Loan?
Gold Loan is the best financial tool that helps an individual to cater the required amount of money without any hassle. A person who is not eligible for any other loan can apply for Gold Finance. Taking Loan against Gold is the best option to overcome all of the financial issues. Turn your Gold into Cash rather than keeping it idle at home. Apply Online and Get Approval in just 3 minutes.
Why should one choose Gold Loan Secunderabad?
- Minimal Documentation
- Easy repayment schemes
- The Loan gets sanctioned in just a few minutes.
- Less interest rate on the female customer
- Minimal Documentation
- Easy repayment schemes
- Hassle free process
- Safety and security of your gold
- Flexible repayment options
Features of Gold Loan Secunderabad
- You can avail Loan up to Rs.1 Crore or more & up to 70% of the value for any purpose
- You get 100% Safety & Security of your Gold Jewellery
- Get your Loan processed in less than 30 minutes
- Enjoy Anytime Liquidity.
- No EMI, Service only Interest and enjoy the Loan facility
- Lower Interest Rates
- Simple documentation and fast processing
- Overdraft limit varies depending on the market rate of gold.
- The interest rate is payable the only amount of the overdraft that you use.
Gold Loan Secunderabad Eligibility Criteria
- The minimum loan amount for taking a gold loan is Rs. 18,000. The maximum loan amount will depend upon the weight of the gold, profile of the customer, etc.
- Applicant Minimum: 21 years
- Applicant Maximum (at loan maturity): 60 years
- Gold jewelry should be owned by the applicant or any of the family members.
- A person should have a minimum of 10 Gram gold to avail the Loan.
Documents Required for Gold Loan Secunderabad
- Identity proof - Passport Copy/ Voters ID card/ Driving License/Adhar card/ PAN card.
- Address 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
- 2 passport size photographs
Additional Documents Required
- Land Proof: In case of Agriculture Loan of more than Rs. 1 lakh the proof is not required for allied agriculture purposes.
- A Demand Promissory Note
- Certificate by the Jewel Appraiser (Bank will arrange).
- Income Proof of Salary Certificate and Form No.16
Gold Loan Secunderabad Rate of Interest
The interest rates are very much less as compared to unsecured loans. It takes only 30 minutes to get disbursed.
- Gold Loan interest rate – 10.50% onward
- Processing fee 1.5%
- Lone Tenure – 3month to 36month
- Loan Amount – RS.18k to RS. 1cr
- The purity of eligible gold – 18carat to 22carrat
Benefits apply through Dialabank
- Personalized Service - Our trained Relationship Managers will understand your requirements and your profile and help you find the most suitable Gold Loan offer.
- Rate Comparison - We help you understand the details of all costs involved in taking a Gold Loan and help you find the Cheapest Offer.
- Research - Benefit from our detailed research on all the products from the leading Gold Loan players in the market and make the right choice.
- Zero Charges - Dialabank offers personalized service to its customers at zero fees. Use our services to find the right Gold Loan deal at no extra cost.
- Unbiased and Transparent Search - Our objective is to simplify your Gold Loan search and we provide information in an unbiased and transparent manner.
Secunderabad is popularly known as the twin city of Hyderabad. It is located in the Indian state of Andhra Pradesh north of Hyderabad. It is the third Nizam of the Asaf Jahi dynasty. Secunderabad was founded in 1806 AD as a British cantonment. If you need a gold loan in Secunderabad is very simple just you have to fill up the form and after that, we provide you all information regarding gold loan and provide you best interest rate in the market
How to Apply?
Visit our website www.dialabank.com
FAQs About Gold Loan
How does Gold Loan in 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.
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.
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.
To get a gold loan do I need a co-applicant?
No, to avail Gold loan you don’t need any co-applicant
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.
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.
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.