Gold Loan Dhamtari is the best option available for the loan seekers at very best interest rates. Several financing authorities are available in the market dealing with these Loans. The borrower should go for the best deal with the best offer available. Gold Loan online is the only loan in the market which could be available within 5 to 10 minutes with ease. In India, several lending institutions, private banks, and credit unions are available that provide Loan against Gold at a low-interest rate.
Eligibility Criteria for Gold Loan Dhamtari
Maximum depends upon the weight of the gold
Minimum: 18 years
Maximum (at loan maturity): 70 years
Minimum 10 gram of gold
Features of Gold Loan Dhamtari
Following are the Features of Gold Loan:
- You can avail Loan up to Rs.1 Crore or more & up to 70% of value for any purpose
- You get 100% Safety & Security of your Gold Jewellery
- Get your Loan processed in less than 30 minutes
- Enjoy Anytime Liquidity.
- Lower Interest Rates
- Simple documentation and fast processing.
- The overdraft limit varies depending on the market rate of gold.
- The interest rate is payable the only amount of the overdraft that you use.
Advantages of Taking a Gold Loan Dhamtari
Following are the Advantages of a Gold Loan:
- No income and salary criteria- Gold loans do not require any documentation or validation for the income or salary of the person. So even if you are unemployed and unsalaried you can still avail a gold loan. This is because you are pledging a valuable asset i.e. gold in return for the money.
- Can be provided in cases of bad credit history as well as low-income level.
- You need to repay only the interest- You have the option to pay only the interest during the tenure of the entire gold loan and at the end of tenure, you can pay the entire borrowed amount in a single shot.
- Total Convenience- The most convenient of all the loans is a Gold Loan Dhamtari. This is because in this all you have to do is pledge your gold with a bank or a private finance institute and the work is done. You can get a loan up to 80% or more of its market value immediately.
- Less processing time- No tedious and lengthy documentation is required in case of gold loans, hence it can be resorted to in times of urgent needs. Banks take a few hours in the processing of the gold loan whereas some NBFC’s state that they only take a few minutes for the same task.
Documents Required for Gold Loan Dhamtari
- Proof of Identity: Passport Copy/ Voters ID card/ Driving License.
- Address Proof: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.
- Signature Proof: Passport Copy/Driving License/Banker’s verification/cheque.
- 2 passport size photographs.
Additional Documents Required for Gold Loan Dhamtari:
The banks generally demand the above-given documents. However few banks demand some additional documents, which are mentioned below:
- Land Proof: In case of Agriculture Loan of more than Rs. 1 lac. The proof is not required for allied agriculture purposes.
- A Demand Promissory Note.
- Certificate by the Jewel Appraiser (Bank will arrange).
- Income Proof: Salary Certificate and Form No.16.
HDFC Bank Gold Loan
9.9% to 14%
Axis Bank Gold Loan
10.50% to 16%
ICICI Bank Gold Loan
10.75% to 16%
SBI Gold Loan
9.5 % to 13%
Kotak Gold Loan
11% to 14%
IIFL Gold Loan
9.24% to 24%
Muthoot Gold Loan
12% to 24%
Manappauram Gold Loan
12% to 26%
PNB Gold Loan
10.05% to 16%
Canara Bank Gold Loan
9.75 % to 13%
Andhra Bank Gold Loan
10.70% to 16%
To check Gold Loan Interest Rate for all major banks you can visit: Jewel Loan Interest Rate
Pre Calculated EMI Table for Gold Loan
Processing Fees / Prepayment Charges on Gold Loan
Dhamtari is one of the oldest municipality regions in India. The district was officially formed on 6 July 1998. It divides the Raipur district which is currently the capital of Chhattisgarh along with Mahasamund. It is situated in the fertile plains of the Chhattisgarh Region. Dhamtari had a population of 799,199. The city’s workforce is involved in the timber industry or in rice or flour milling. Call 9592046860 for more information or visit www.dialabank.com.
Other Cities for Gold Loan in Chattisgarh
|Gold Loan Kotpad||Gold Loan Hodal|
|Gold Loan Rajnandgaon||Gold Loan Bijwasan|
|Gold Loan Faridabad||Gold Loan Burari|
|Gold Loan Noida||Gold Loan Karawal Nagar|
Table of Contents
- 1 Eligibility Criteria for Gold Loan Dhamtari
- 2 Features of Gold Loan Dhamtari
- 3 Advantages of Taking a Gold Loan Dhamtari
- 4 Documents Required for Gold Loan Dhamtari
- 5 Additional Documents Required for Gold Loan Dhamtari:
- 6 Gold Loan Interest Rates
- 7 Pre Calculated EMI Table for Gold Loan
- 8 Processing Fees / Prepayment Charges on Gold Loan
- 9 About Dhamtari