Indian Bank is a public sector as well as is a state-owned financial service company. The bank was set up in 1907 a headquartered in Chennai, India. The bank has 20,924 employees, 2850 branches and 665 ATMs in the country. The Total Business of the bank has touched around Rs 3.64 crores on 31 March 2018. The Indian Bank has two subsidiary companies-“Indbank Merchant Banking Services and “IndBank Housing Ltd.”
Indian Bank Gold Loan
Indian Bank offers a Gold Loan to meet financial requirements of customers who require immediate cash against their gold assets. Primarily catering to borrowers from the middle and lower income group, Gold loan offers instant credit for multiple purposes. We provide a practical solution to meet temporary monetary contingencies. The funds from the Indian Bank Gold loan can use for weddings, education, business expansion or any other similar purpose. With minimal documentation and secure storage, the gold loan is a simple funding option to meet your needs. Indian Bank Gold Loan has certain benefits such as quick processing time, low-interest rates, medium-term tenure, etc. The Bank helps you meet an urgent need for cash when you are suffering from a money crisis.
Indian Bank Gold Loan Interest Rates
Indian Bank Gold Loan Features & Benefits
Indian Bank Gold Loan Purpose
Different forms of Gold ornaments accepted
1. Gold Bangles, Gold rings, Gold anklets and Gold necklace many more, and Gold coins are acceptable.
2. The purity of Gold that is acceptable here is 18karat-22karat.
Who can get a gold loan?
Why Apply for Indian Bank Gold Loan?
Eligibility for Indian Bank Gold Loan
Indian Bank Gold Loan Documentation
Additional Documentation for Loan on Gold
Indian Bank Gold Loan Process
Why Should You Choose Indian Bank Gold Loan?
So many banks and non- financial organizations provide a Gold Loan. Then why should you choose Indian 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?
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 the Indian Bank Gold Loan Work?
Q. Indian 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?