We all face cash crunch situations in our life, and a Gold Loan is a scheme that offers finance to people without any hassle of documentation. Gold Loan is the best option for those people who need money immediately and want to avoid loads of paperwork in the loan process. Because in the gold loan the disbursement happens within thirty to forty minutes. The loan amount will be credited directly into your account which can be used instantaneously for any purposes be it paying medical bills or any outstanding debt that requires immediate payment.

Also, the repayment of loan can be made according to the applicant’s convenience starting from a mere 1 percent per month. The gold must be more than 10 gm which includes mostly jewelry.

Read More - About Gold Loan

About Gold Loan Chandikhol

People in India being rich or poor surely have gold may be more or less, as an asset but what's the point of keeping that asset unused when we can use it in smartly at times of problems, yes! Appy for a Gold loan with the help of Dialabank and avail the best offers at zero processing fee, easy Documentation, and Quick Approval Guaranteed.

Gold Loan Candikhol Interest Rates

In general, gold loan is available at straightforward rates of interest. This is because the gold loan comes in the category of secured loans. So the interest rates are less than that of personal loan or any other kind of loans. Though the interest rates keep fluctuating time to time still, the gold loan is available at 1% per month interest rate.

Know More - Gold Loan Per Gram

Gold Loan Eligibility Criteria

  1. The minimum loan amount for taking a gold loan is Rs. 25,000. The maximum loan amount will depend upon the weight of the gold, profile of the customer, etc.
  2. Minimum age of applicant: 21 years
  3. Maximum age of applicant at loan maturity: 65 years
  4. Gold jewelry should be owned by the applicant or any of the family members.

Benefits of Taking Gold Loan Chandikhol

  1. Loan Tenure up to 3 yrs
  2. Loan up to Rs. 20 Lakhs
  3. Loan up to 75% the value of gold.
  4. Lowest interest rates in the market
  5. Safety and security of your gold
  6. Flexible repayment options
  7. No hidden charges
  8. Convenient and Fast
  9. Get a Gold loan with minimum documentation. Loan Disbursement on the same day of documentation & gold submission.

Know More - Top Reasons why Gold Loan is the best borrowing option

Documents required for Taking Gold Loan 

  1. Proof of Identity - (Aadhar Card/PAN Card/Passport / Voter's ID / Driving License/PAN Card/Aadhar Card)
  2. Signature Proof (Passport /Driving License/Banker's verification)
  3. Address Proof- (Aadhar Card/PAN Card /Ration card /Driving License/ Voter's ID / Utility Bill (anyone within last 3months) / Registered Rental Agreement / Credit Card Statement / Passport )
  4. Date of Birth Proof ( Driving Licence / PAN Card / Passport / Birth Certificate / 10th / 12th mark sheet bearing a date of birth
  5. Two Passport size photographs

Know More - Gold Loan: Factors to Remember

Why Gold Loan is the best loaning option?

  1. See first, with this loaning scheme you get to avail the loan which has the lowest interest rates.
  2. Moreover, the gold loan has the lowest documentation requirement.
  3. As a result, your loan gets approval within 15 minutes of applying.
  4. Furthermore, the processing fee is almost negligible.
  5. Likewise, the interest rate amount solely depends on the quality and the quantity of the applicant’s collateral.
  6. Furthermore, you can apply for this loan online and save your time.
  7. Gold Loan comes with multiple repayment options, and Manappuram lets you decide how you want to pay the loan amount back.
  8. The disbursal of the loan takes less than 24 hours to get processed.

Know More -  Gold Loan Features and Benefits

How to Apply Gold Loan Chandikhol Online?

  1. Firstly, visit our website that is Dialabank
  2. Secondly, the applicant has to fill a form Online which involve necessary information.
  3. After this, you will get a call back from our Relationship Manager to clear all doubts as well as to assist you in the entire process of the Gold Loan.
  4. Next, the applicant can check his /her eligibility for further clarification of the approval of a gold loan.
  5. Moreover, Submit all the documents need as proofs in the bank.
  6. Gold loan is approved in some minutes and disbursed within a day.
  7. Lastly,  call us directly for any quires at 9592046860, to clear any doubts.

Know More - Best Gold Loan Services

FAQs About Gold Loan 

  1. How does  Gold Loan 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.
  2.  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.
  3. 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.
  4. To get a gold loan do I need a co-applicant?
     No, to avail Gold loan you don’t need any co-applicant 
  5. 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.
  6. 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.
  7. 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.

Gold Loan Interest Rate of Different Banks - Updated on 2019

Bank  Gold Loan Rate 
HDFC Bank 10.75%
Yes Bank  10.85%
Axis Bank 10.90%
SBI Gold Loan 11.50%
ICICI Bank 11.75%
IIFL Gold Loan 11.75%
Allahabad Bank Gold Loan 11.75%
Muthoot Gold Loan 12.00%
Federal Bank Gold Loan 12.00%
Manappuram Gold Loan  12.25%
IDBI Bank 12.25%
PNB Gold Loan 12.25%