Gold Loan Huzurabad

Gold is the most precious and favorite metal. There is a lot of demand for gold in people. Especially the women are attracted to it. It can be used to take Gold Loans along with the jewelry. You can have instant money with the gold loan.

 Why one should choose Gold Loan in Huzurabad?

  1. Easy repayment schemes.
  2. No hidden charges.
  3. Simple Procedures.
  4. Fast Loan Approvals.

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 

 Documents Required for Gold Loan Huzurabad:

  1. Borrower Identity: Two passport size colored photographs
  2. Proof of Identity: Passport Copy/ Voters ID card/ Driving License/Adhar card/ PAN card.
  3. Residence Proof: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.
  4. Signature Proof: Passport Copy/Driving License/Banker's verification/cheque

Additional Documents Required

The banks generally demand the above-given documents. However few banks demand some additional documents which are as follows

  1. Land Proof: In the case of Agriculture Loan of more than Rs. 1 lac. The proof is not required for allied agriculture purposes.
  2. Income proof: Salary Certificate and Form No.16.

Gold Loan Interest Rate

Gold Loan Scheme

Loan Tenure / Period

Rate of Interest (p.a.)

TrueValue Loan

 12 months

12.5 % to 15.5 %

 

 About Huzurabad:

The town of Huzurabad is Karimnagar district in the Indian state of Andhra Pradesh. It is located in the southern state of India.