Fullerton India Gold Loan Features
Fullerton India is a wholly-owned subsidiary of Fullerton Financial Holdings Pvt. Ltd. and is registered as a Non-Banking Financial Company with the Reserve Bank of India. Fullerton India started its operations in 2007 and today it is one of the leading NBFC in India.
A gold loan or loan against gold is a secured financial loan taken by the borrower from a lender by pledging their gold articles as collateral. A gold loan is similar to a personal loan in meeting your immediate financial requirements, be it an international education, marriage expenses, covering medical emergencies, or any other personal use.
Features of Fullerton India Gold Loan Approval Process are:
- The interest rates offered are low.
- Fullerton India charges a low processing fee.
- Flexible repayment schedule available.
- Simple documentation with quick disbursals.
- It also provides flexible tenure options.
- Your collateral deposited (gold) will be safe and stored in a secured locker.
Fullerton India Gold Loan Eligibility
Minimum and Maximum Age
Note: However, many banks require a minimum age of 23 years
Interest rates are lower for a higher loan amount
Businessmen are increasingly taking gold loans to meet their working capital requirements.
In fact, housewives, senior citizens who are not eligible for other loans because they have no income proofs can easily avail of gold loans.
Quality of Gold
An average gold price of 22-carat gold for the preceding 30 days is adjusted down for purity. So, the price of 20 Carat jewellery can be estimated by multiplying the price of 22 Carat jewellery by a factor of 20/22
However, your repayment track record for a gold loan is counted towards your CIBIL score and hence, can be instrumental in building your CIBIL score
Gold ornaments that can be used for availing loan
Gold with 18-24 carat purity
Employment track record and income proofs
Fullerton India Gold Loan Documents Required
At the time of application the following documents are required:
At the time of disbursement the following documents are required:
Fullerton India Gold Loan Approval Process
Fullerton India Gold Loan Approval Process via Dialabank:-
Step 1: Visit the Dialabank gold loan application page.
Step 2: Verify the required details.
Step 3: You will get required details such as the amount of loan, interest rate, and loan tenure.
Step 4: Go ahead with the application and submit the form.
Step 5: Call 9878981166 and our relationship manager will assist you.
FAQs on Fullerton India Gold Loan Approval Process
✅ What is Fullerton India Gold Loan?
Fullerton India gold loan is a secure loan that comes with immediate repayment to meet your instant financial needs. Gold loans from Indian financial service providers can be obtained at attractive interest rates.
✅ What is the tenure of Fullerton India Gold Loan?
The maximum tenure of your gold loan at Fullerton India Bank gold loan is up to 36 months.
✅ How to apply for Gold Loan?
Apply for Gold Loan with Fullerton India by visiting the branch and enquiring about the same with your financial service provider. You can also apply online with Dialabank and get the offers and deals as per your needs.