Gold is one of the most expensive perhaps a popular metal, especially among Indians. People in India worship gold. It is an asset of great importance. Those who possess gold in any form consider themselves to be lucky. The importance of the metal came into action with the coming up of the most popular and desired financial product which is the Gold Loan.

Why Gold Loan Colaba?

There would certainly be times when you might feel debt trapped or lack in terms of money, but if you possess gold in the form of jewelry or any other desirable form, then you can definitely rescue yourself from any of the worsened situations. 
Gold Loan is basically a secured type of Loan that is  lent to the borrower against his gold jewelry which is to be mortgaged with the bank till the whole loan amount is being recovered by the bank. In case if the borrower is unable to pay the loan amount within the given tenure, then the bank is authorized to sell the gold of the borrower and claim their money.

How to avail Gold Loan Colaba?

You are a call away from availing the loan amount you desire. Call us at our toll-free number (9592046860) and access the information regarding Gold loan and opt for the options that suit you the best. The loan amount ranges from Rs 10,000 to Rs 15,000,00. After fulfilling the eligibility criteria, your loan approval gets sanctioned, and the amount can be disbursed by you.

Gold Loan Eligibility Criteria

If you are need of Gold Loan then you must fulfill the following eligibility criteria:
1. The age criterion is above 18 years.
2. You are not required to give any of your salary or work details if the loan amount that you are requesting for is less than 10, 00, 00; but you must possess gold above 10 gram to avail a Gold Loan.
3. Basic identification proofs are mandatory which can include any of the following, i.e. a voter’s ID card, Aadhar card, passport, driving license, etc. 
4. Being a customer you can pledge all kinds of gold ornaments which are of 18 -22-carat values or above and above 10 grams of weight.
5. CIBIL score or credit score is one of the most important factors that carry a huge significance as far as the loans are concerned. A CIBIL score of 750 is an ideal score to get your loan approved as this gives the lender an idea about your repayment capabilities. 
6. You should opt for the Gold Loan only if you have clarity in your mind that you would be able to pay the amount within the given tenure.
 
Know more about Colaba?
Colaba is basically a part of the big city Mumbai and is also known as a Lok Sabha constituency. The city is at the verge of development in terms of every parameter. The financial growth is also at full pace. The people who are in search of the loan here, your search ends here. Call us on our toll-free number and get the best deals near your locality.