All About Gold Loan
DO YOU ALWAYS COMPARE AND BUY YOUR FINANCIAL PRODUCTS?
Loan against gold is the best financial service available in the market. The beauty of this loan is that it is most speedy loan and the interest rate offered are quiet cheaper than any other loan. Gold loan is best suited for short term needs. If a person is suffering from bad credit and he is not eligible for Personal loan, he can go for Gold loan. You can also apply online for gold loan.
Best Interest Rate
|Interest Rates||Starting @ 1.00% per month|
|Collateral Required||Gold Jewellery / Gold Bars|
|Loan Tenure||6 Months / 12 Months (can be renewed upto 3 Years)|
|Max Funding||Upto 90% of Gold Value|
|Pre Closure Charges||0 % to 2 % of outstanding loan amount|
It offers you the best interest rate among any other Loan. You can avail for the best interest Gold loan. The feature that differentiates Loan against gold from any other loan is that, it is sanctioned within few minutes. The documents required for this financing is quiet simple. Many banks even provide easy repayment techniques.
Gold Loan Procedure:
Step 1. A borrower needs to submit a short application form to the Lender with Gold assets.
Step 2. The lender analyse the assets offered by the applicant (including the purity and weight of gold).
Step 3. The Loan is sanctioned after checking the authenticity of the gold.
*The whole process takes 10-15 minutes or an hour.
|Leading Gold Loan Providers (Click to Apply)|
|Manappuram Gold Loan||Muthoot Gold Loan||HDFC Gold Loan||Other Banks|