Are you looking for quick disbursement of loan but can't think of any collateral? Are you thinking about which could be the best loan option for you? Are you in need of immediate cash to solve your problems? Then Gold Loan may be the best option for you.Gold is considered as a status symbol especially in India, buying and selling gold is an old tradition of Indian culture. However, the availability of gold loan provides a different scenario of how people use this precious metal. Nowadays people buy gold not for their status symbol but to secure their future.
What is Gold Loan?
Gold loan or loan against gold is a secured loan in which a customer provides his/her ornaments as collateral security to gold loan companies. It is the fastest growing financial service in the industry.
Basically every secured loan requires the client to keep some security against the loan and in this case, gold is treated as the security against loan. Many people have gold ornaments stored in their homes or in their bank lockers. Thus, gold loan provides an opportunity to unleash the value of their precious metal.
Gold Loan Interest Rate in New Bel Road
- Rate of Interest on Gold Loan is 10.70%
- Offers quite low processing fee @ 0.85%
- You can take Gold Loan for a minimum period of 6 months that can go maximum up to 5 years
Eligibility of Gold Loan New Bel Road
- Must be an Indian citizen
- Must have gold more than 10gm
- Should be between the ages of 18 and 65 years
Documents required for Gold Loan New Bel Road
- Proof of Identity: Driving License/Passport Copy/ Voters ID card
- Address Proof: Tel, Electricity Bill/ Rental bill/ Passport copy /License-Sales Tax certificate/Ration card/ /Trade license /Shop & Est.
- Signature Proof
- Passport Copy
- Banker's verification/cheque.
- Driving License
- 2 passport size photographs.
Features of Gold Loan New Bel Road
- You can avail Loan up to Rs.1 Crore or more & up to 70% of value for any purpose
- You get 100% Safety & Security of your Gold Jewellery
- Get your Loan processed in less than 30 minutes
- It takes just a few minutes to sanction a loan.
- The money is offered to the customer after a quick evaluation of gold.
- It is free from the hassle of lengthy paperwork.
- Easy repayment schemes.
- Minimal Documentation.
- Low-interest rates.
- Enjoy Anytime Liquidity.
How to Apply?
- Just fill a simple form displayed on our website related to your details so that our customer care department can check your financial status and your eligibility for the loan that you have applied.
- Our Customer Relationship Managers will contact you and will guide you to the right bank.
- The bank executives will arrive at your doorsteps to collect required documents from you.
- Only at the time of submission of gold you have to pay a visit to the bank, the rest will be taken care of by the bank's executives.
About New Bel Road
Bangalore which is also known as Bengaluru.It is the capital of the Indian state of Karnataka. It has a population of over ten million which makes it a megacity and the 3rd most populated city and 5th most populous urban conurbation in India. It is located in southern part of India on the Deccan Plateau which is at an elevation of over 900m i.e.3,000 ft above sea level, which is also the highest among India's top major cities.
Basic FAQ's about Gold Loan
Gold Loan Updated List of Rate of Interest : 2019
Know More About Gold Loan
- 3 Best Methods Repaying Gold Loan
- 4 Different Ways of Repaying Your Gold Loan
- Gold Loan Interest Rate
- What happens when you don’t pay a Gold Loan?
- Gold Loan From Top banks And NBFCs in India
- Gold Loan Near Me
* For any doubts and queries regarding Gold Loan, feel free to call us on 95920-46860, our Customer Relationship Managers help you out.