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 Loans in Armoor at low interest rate. 

 Gold Loan Interest Rates:

  1. The rate of interest on these loans has the lowest value of 10.5%.
  2. The lifetime of the loan is 1 to 4 years.

Why should one choose Gold Loan in Bari?

These loans give the convenience of pre-closures by which the people can pay the debts before time.

  1. A few documents of the customers are needed.
  2. The lowest known values these loans can pay Rs. 18,000/-
  3. The charges of the mistakes in these loans are not applicable.

Eligibility

ELIGIBILITY

Age

Minimum: 18 year

Maximum (at loan maturity): 60 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 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.

Demand Promissory Note

Certificate by the Jewel Evaluator(Bank will arrange).

Income proof

Salary Certificate and Form No.16.

 

Features And Benefits

  1. The amount of Rs 1 Crore can be attained with these loans.
  2. The gold ornaments will remain much more secured in lockers of the banks and NBFCs than your lockers.
  3. The loans can applied at any time of the lifespan.
  4. The rate of interest is down for the people who want to use the amount of the loan in agriculture.
  5. The documents which are demanded by the banks and NBFCs are low in numbers.
  6. The time of disbursal and approval of these loans is only a few hours, fastest of all.
  7. The over drafting can be gain for the customers.

About Armoor

The town of Armoor is a Mandal in Nizamabad district, the state of Andhra Pradesh. It was recently upgraded to a municipality. It is situated on NH 7 in Section on North-south Highway Corridor and NH 16 (Nizamabad-Jagdalpur). Armoor is also known as Navanathapuram. It is one of the major towns in Nizamabad district. It is known for its agriculture. The village Kaligote in jakranpally is recognized as the first village in India to gain 100% literacy. Village Kaligote is also known for its education and farming. Village Ankapoor in Armoor mandal is recognized as a model village by the government.