If you are looking for a Gold Loan in Jammu, HDFC Bank provides a gold loan to the customers at very low rates of interest on your gold jewelry. The gold is kept in the bank locker very safely. One more thing is that the bank doesn’t charge a rupee extra for the security of the gold ornaments of the customer. This is also known as the loan against the gold.
About Gold Loan
Gold loan is a secured loan where the customer pledges its gold to the bank as a security and gets a loan amount for a period of time. The bank puts some rates of interest on this amount of loan. When the customer returns this amount of loan on time with the rates of interest the bank relieves the gold to the customer
Why one should choose HDFC Gold Loan in Jammu?
- A person should have a minimum of 20 Gram gold to avail the Loan.
- No penalties are involved.
- The Loan gets sanctioned in just a few minutes.
- The money is offered to the customer after a quick evaluation of gold.
- It is free from the hassle of long paperwork.
- Low interest rates
- In-house gold evaluation
- Available within a time period of 30-60 Mins
- You can enjoy a maximum tenure period of 6 to 12 Months.
Jammu is the northernmost state in India. It is one of the three administrative divisions within Jammu and Kashmir. This city is officially called Jammu-Tawi, is the largest city in Jammu and the winter capital of Jammu and Kashmir. It is also known as "City of Temples" as it has many temples and shrines.
A Feature of HDFC Gold Loan Jammu
HDFC Gold Loan accomplish your immediate money needs
- The loan is approved quickly and easily. The loan gets approved in an hour.
- The simple documentation process, very basic documents are required for HDFC gold loan.
- No hidden charges
- The minimum amount of loan that can provide to the loaner is Rs. 50000. The amount can be less than Rs. 50000 in rural areas
- HDFC bank is completely liable for the security of your gold ornament. Your gold would be kept in a proper security
- The tenure period of Gold loan can be from 6 months to 4 years. You can choose tenure according to your comforts.
- Overdraft limit varies depending on the market rate of gold.
- Complete transparency to the customer
The Rate of Interest
The interest rates are very much less as compared to unsecured loans. It takes only 30 minutes to get disbursed. HDFC Bank offers one of the lowest Gold Loan interest rates. HDFC Gold Loan rate of interest varies by the amount of loan.
- HDFC Gold Loan interest rate – 10.50% onward
- Processing fee 1.5%
- Lone Tenure – 3month to 24month
- Loan Amount – RS.25, 000 to RS. 50lakh
- The age of the applicant should be more than 21.
- He/she should be a citizen of India.
- Maximum age of applicant at loan maturity: 65 years
- Gold jewelry should be owned by the applicant or any of the family members.
- Applicant should have a minimum of 10 grams of gold to get a gold loan.
Documents Required for Gold Loan
- Proof of Identity: Passport Copy/ Voters ID card/ Driving License/Adhaar card/PAN card.
- Address 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.
- 2 passport size photographs
Additional Documents Required
The banks generally demand the above-given documents. However few banks demand some additional documents, which are mentioned below:
- Land Proof: In case of Agriculture Loan of more than Rs. 1 lakh Proof is not required for allied agriculture purposes.
- A Demand Promissory Note
- Certificate by the Jewel Appraiser (Bank will arrange).
- Income Proof: latest Salary Certificate and Form No.16.
How to apply for HDFC Gold Loan Jammu?
Dialabank assures you the quick, easy and fast process. Apply online for the Gold Loan and grab the best deal today. Unmatchable offers, features, and benefits are available. Apply now and grab the best deal. Visit www.dialabank.com
Dialabank is India’s first financial helpline; it provides the best financial services to customers all over the country. Dialabank provides information to the customers free of cost. There are no additional charges of applying for a gold loan online on our website. The bank is old and well reputed so there is no risk of fraud, so can apply easily online on the website www.dialabank.com
For more Details, you can call 9592046860