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 only for their status symbol but to secure their future. Gold Loan is a kind of secuerd financial service it is also known as Loan against Gold.

What is Gold Loan?

Gold Loan is an easy and straightforward way to get instant finance. A gold loan is a loan secured against gold pieces of jewelry or ornaments. Gold loan is a loan which is given against particular physical security of gold.You have not to look further because in India most of the households have gold that has been passed on from one generation to other. So, in this case, one can take a Gold Loan with low-interest rates and your precious gold will be kept safe with the prestigious banks till the tenure of the loan.

Features of Gold Loan Vijayanagar

  1. You get 100% Safety & Security of your Gold Jewellery
  2. Get your Loan processed in less than 30 minutes
  3. It takes just a few minutes to sanction a loan.
  4. The money is offered to the customer after a quick evaluation of gold.
  5. It is free from the hassle of lengthy paperwork.
  6. Easy repayment schemes.
  7. Minimal Documentation.
  8. You can avail Loan up to Rs.1 Crore or more & up to 70% of value for any purpose
  9. Low-interest rates.
  10. Enjoy Anytime Liquidity.

*For more expert and unbiased advice on Gold loan, please give us a call on +91-98789-81166 or 033-60011600

Eligibility of Gold Loan Vijayanagar

  1. Should be between the ages of 18 and 65 years
  2. Must be  an Indian citizen
  3. Must have gold more than 10gm

Documents required  for Gold Loan Vijayanagar

  1. Proof of Identity: Driving License/Passport Copy/ Voters ID card
  2. Address Proof: Tel, Electricity Bill/ Rental bill/ Passport copy /License-Sales Tax certificate/Ration card/ /Trade license /Shop & Est. 
  3. Signature Proof
  4. Passport Copy
  5. Banker's verification/cheque.
  6. Driving License
  7. 2 passport size photographs.

How to Apply for Gold Loan?

Now you can apply online for Gold Loan by sitting at your home with one click. All the services will be provided to you by our customer relationship managers who will help you choose the right type of loan for you with the right bank.
  1. 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.
  2. Our Customer Relationship Managers will contact you and will guide you to the right bank.
  3. The bank executives will arrive at your doorsteps to collect required documents for loan.
  4. 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 Vijayanagar

Vijayanagara has a very rich history behind it, and it was capital of the renowned Vijayanagara Empire. The name of the city translates as ‘City of Victory.’It was considered as the most powerful kingdom in South India.

Basic FAQ's about Gold Loan

Ques1: What is Gold Loan Interest Rate formula?
 
The Gold Loan Interest Rate varies from bank to bank. Mainly, it depends on the amount of loan and LTV ratio of the gold.
 
Ques2: How to pay Gold Loan online?
 
You have an option to pay the loan amount online through various online payment applications.
 
Ques3: How does Gold Loan work?
 
Gold Loan is simple to understand, as well as easy to avail. Just go to your bank from where wish to take the loan, keep your gold as a security with the bank and get hassle-free disbursal in less than one hour.
 
Ques4: Is Gold Loan secured or not?
 
Everyone is worried when it comes to Gold Loan. So, you need not worry about it as your gold is 100% secured with us.
 
Ques5. What if the person is not able to repay the amount of loan?
 
If the applicant is unable to return the loan amount at fixed tenure, the bank is liable to sell his gold.
 
Ques6. What is the best online platform to avail gold loan?
 
Dialabank is the best platform to get a loan since being the first helpline for loans our executives will guide you in the right direction to avail loan.
 

Gold Loan Updated List of Rate of Interest : 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%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
* For any doubts and queries regarding Gold Loan, feel free to call us on 95920-46860, our Customer Relationship Managers help you out.