All About Gold Loan Bangaloresafal
Eligibility for Gold Loan Bangaloresafal?
- You need to have at least 10 gms of gold jewellery or ornaments
- Your age must be 18 years.
- The quality should not be 24 karats.
- The quality must be between 18 karats to 22 karats.
- The application must be from a citizen of India.
Know More – What is CIBIL Score?
Gold Loan Bangaloresafal Interest Rates
- Gold Loan has an interest rate as low as 10.70%
- Secondly, It has low processing fees i.e. 0.85%
- Then, pre-closer charges can be from 0-2%
- Besides this tenure would be minimum 6 months and maximum 5 years
- Lastly amount would be in Thousands and crores.
Know More – Gold Loan Interest Rate
Documents Required for Gold Loan Bangaloresafal:
- Identity proof: Passport Copy/ Voters ID card/ Driving License.
- 2 passport size pictures.
- A signature proof such as Passport copy.
- Income Proof: Salary Certificate and Form No.16.
Why should one choose Gold Loan Bangaloresafal ?
- The loan amount can be as high as 10 lacs.
- Different EMI options – hassle free payments of EMIs.
- The amount can be cashed in no time.
- The customer can be assured that his/her gold is 100% safe with the bank.
Features and Benefits of Gold Loan Bangaloresafal :
- You can avail gold to the value of 70% of the gold you have.
- You get 100% Safety and security of your gold kept with bank.
- Your loan Gets processed in less than 30 minutes.
- Lower Interest rates
- Simple documentation and fast processing.
- Interest is paid only on the amount of the overdraft that you use.
Know More – Gold Loan Per Gram
Barad is a place in Maharashtra, India. It has recently experienced rise in population and real estate so in developing city like that finance is required for expension and other puroses. It is very easy to take loan in your city, all you have to do is to visit www.dialabank.com or call on 9592046860.
Gold Loan Interest Rate of Different Banks – Updated on 2019
Gold Loan Rate
* For any assistance regarding Gold Loan, call us on 95920-46860, our trained Relationship Managers will solve all your queries.
FAQs About Gold Loan
How does Gold Loan work?
Loan on gold is very simple to understand. The Banks /NBFC provides you with funds against your gold ornament. The amount depends upon the gold weight.
Gold Loan is secured?
Yes, it is essential to note that the loan on gold comes in the category of secured loans. Because in a gold loan the applicant put their gold ornaments into the bank’s locker as security or as collateral.
What happens when you don’t repay a Gold Loan?
If the borrower is unable to return the gold loan on time, then the bank is liable to sell his gold ornaments.
To get a gold loan do I need a co-applicant?
No, to avail Gold loan you don’t need any co-applicant
Is Gold loan better than a Personal loan?
Yes, a Gold loan is better than personal Loan because in Gold Loan banks/NBFC’s takes Gold ornament as well as a gold coin as collateral and in case of Personal loan it is un-secured and hence carries higher interest than a gold loan.
What is the best online platform to avail gold loan?
Dialabank is the best platform to get a loan. Dialabank provides you hassle-free process as well as the lowest interest rate in the market as compared to others.
Is there any fee payable for the Gold Loan?
Yes, you have to pay the loan processing fee (non-refundable) as well as Valuation fee.
Know More About Gold Loan
- 3 Best Methods Repaying Gold Loan
- 4 Different Ways of Repaying Your Gold Loan
- What happens when you don’t pay a Gold Loan?
- Gold Loan From Top banks And NBFCs in India
- Gold Loan Near Me
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