IndusInd Bank Gold Loan
About Gold Loan
Gold Loan is a kind of loan where you get a loan against your gold. It is also known as “loan against the gold.” In this loan, the bank provides you and keeps your gold as a security. The moment when you return the loan amount bank release your gold. The safety of gold is the bank’s responsibility. Loan on Gold is considered as the best way to get over your debts. You can get a gold loan and use the amount of loan to fulfill your personal needs. You are always advised to get a gold loan instead of other loans the reason after this is being a secured loan the gold loan has very low rates of interest, and it is easily available. The gold loan can be disbursed within a day. Besides that, the bank wouldn’t charge a rupee for the security of the gold. The gold will be kept under very tight security.
Induslnd Bank Gold Loan Interest Rates
Features of IndusInd Bank Gold Loan
Gold Loan Amount Uses
You can use this amount of loan wherever you want. Here some basic reasons are given for which people get the gold loan.
1. Most people get the Gold Loan for the wedding purposes.
2. Sometimes people prefer to get a gold loan in case of a medical emergency.
3. Education can be a reason for the gold loan.
4. You can also boost your business by using the gold loan.
5. You can get a gold loan to pay your credit card bills too.
The form of Gold Accept
1. All jewelry of 18 carats to 22 carats is acceptable.
2. Gold coins weigh less than 50 grams can get a gold loan.
3. Bank does not accept minted gold coins.
4. Bars and bricks are not accepted.
5. Besides that raw gold is not accepted.
Induslnd Bank Gold Loan Highlight
Eligibility for Induslnd Bank Gold Loan
Induslnd Bank Gold Loan Documentation
Additional Documentation for Loan on Gold
Why Apply for Induslnd Bank Gold Loan?
Induslnd Bank Gold Loan Process
Why Should You Choose Induslnd Bank Gold Loan?
So many banks and non- financial organizations provide a Gold Loan. Then why should you choose Induslnd Bank for a Gold Loan? Here are some reasons
1. Firstly, the bank is very dedicated to its customers.
2. Secondly High Loan amount from a minimum in thousands to a crore.
3. Thirdly, Quick processing.
4. Bad credit history/ CIBIL score, not an issue.
7. Instant Processing and Disbursal.
8. Also, the lowest interest rate.
9. Minimum documentation required.
10. Furthermore, Flexible repayment option.
Why Dialabank for online Gold Loan?
Dialabank is the best platform to apply for a gold loan. Gold loan is easily approved and quickly disbursed. You will get proper guidance from our sides. You will get low rates of interest if you apply on dialabank.com. Besides that, there is no need to go to the bank to submit the documents. If you apply on dialabank.com you will get a document pickup facility from your doorstep. The most important thing is that Dialabank is the first financial helpline in India. So you can apply without worrying. You won’t be charged anything to apply for a gold loan.
Gold Loan VS. Personal Loan
1. Firstly you get at least 75% of their actual gold value as a Gold Loan amount.
2. Secondly, Gold loan application takes only 1-day processing time and an hour to disburse.
3. Thirdly, on Gold Loan customer can repay the loan before time with no foreclosure charge
4. Also, you get lower or in some cases no processing fees
5. Likewise, a borrower with low credit score/CIBIL can even get Gold Loan
6. Similarly, bank give loan amount by your Gold purity
7. Therefore a borrower with low credit score/CIBIL can also get Gold Loan
Q. How does Induslnd Bank Gold Loan Work?
Q. Induslnd Bank Gold Loan is secured?
Q. What happens when you don’t repay a Gold Loan?
Q. To get a gold loan do I need a co-applicant?
Q. Gold loan better than a Personal loan?
Q. What is the best online platform to avail gold loan?
Q. Is there any fee payable for the Gold Loan?