Gold Loan Longowal


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Gold Loan Longowal

About Gold Loan Longowal


Major Gold Loan Providers in Longowal

Feature HDFC Bank SBI
Muthoot Finance
Interest Rate 9.90% onwards 7% onwards 12% onwards
Min Loan Amt Metro : 25000, Non : 15000 25000 15000
Max Loan Amt 1 Cr 1 Cr 1 Cr
Loan Tenure 3 months to 24 months 9 months to 24 months
1 month to 24 months
Processing Fee 0.25% to 1.50% of the Loan Amt 0.25% to 1.50% Nil
Pre-closure Charges 2%, Nil foreclosure charges after 3 months 2%, Nil foreclosure charges after 9 months Nil
Overdraft Facility Yes Yes Yes
Pay Only Interest Facility Yes Yes Yes
Gold Rate Per Gram 3066 3073 3073

Gold Loan Longowal FeaturesGold Loan Longowal

Gold is a valuable metal. It has cultural, social, and financial worth and various individuals over the globe accept gold for different reasons. In any case, today, on account of developing financial segment offices, Gold Loan Longowal can likewise assist with meeting the money related necessities of individuals who have required the advance against gold to sustain and match with their monetary emergencies.

Gold Loan is a gold credit which is kept as security. After a legitimate check of documents and gold, the Loan is authorized by the bank. Gold Loan Longowal is a convenient and unproblematic procedure of availing loan to meet an individual’s financial necessities.

Benefits of Gold Loan Longowal

  1. There are no prepayment charges.
  2. It requires insignificant documentation when contrasted with different loans.
  3. Effectively accessible
  4. No credit checks
  5. Straightforward Procedures
  6. No EMI administration, just interest
  7. Minimum Documentation
  8. It doesn’t require any cosigner.
  9. It includes basic methodology and quick Loan endorsements.
  10. The candidate has choices to pay just interest during the tenure of the credit.
  11. Quick Loan Approval
  12. An individual ought to have at least 20 Gram gold to profit the Loan.
  13. No punishments are included.
  14. In-house gold assessment
  15. Accessible within a time span of 30-60 Mins
  16. You can avail a maximum tenure period up to 6 to 12 Months.

Know More: Gold Loan Features

Gold Loan Longowal Interest Rates

  1. 10.70% is the minimum annual interest rate you can expect on these loans.
  2.  Therefore, the monthly interest rate would end up being lower than 1%
  3. Also, you can foreclose your mortgage by paying the pre-closure charges.
  4. By using this feature, you can get your collateral gold back before the tenure ends. The pre-closure costs range from 0-3% of the total loan amount.
  5. The loan tenure period starts from 6 months and can last up to 5 years.

Know More – Gold Loan Interest Rate

Bank Interest Rate
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%

Documents for Gold Loan Longowal

  1. Identification Proof: Passport Copy/Driving License/Aadhaar card/Voters ID card.
  2. Address Proof: Ration card/Tel, Electricity Bill/Rental bill/Passport duplicate/Trade permit/Shop and Est. Permit/Sales Tax declaration.
  3. Sign Proof: Passport Copy/Banker’s confirmation/Driving License/cheque.
  4. Photo necessity: 2 identification passport size photos.

Additional Documents Required for Gold Loan Longowal

  1. Land Proof: In case of Agriculture Loan of more than Rs. 1 lac. The proof is not required for allied agriculture purposes.
  2. A Demand Promissory Note.
  3. Certificate by the Jewel Appraiser (to be handled by the bank).
  4. Income Proof Requirement: Commission Certificate and Form No.16

Eligibility Criteria for Gold Loan Longowal

  1. The minimum loan amount for taking Gold Loan Longowal is Rs. 25,000. The maximum loan amount will depend upon the weight of the gold, profile of the customer, etc.
  2. Minimum age of applicant: 21 years
  3. Maximum age of applicant at loan maturity: 65 years
  4. Gold jewelry should be owned by the applicant or any of the family members.

Know More – Gold Loan Per Gram

GOLD LOAN @ 0.49%*



How to Apply for Gold Loan Longowal

Online Process to Apply for Gold Loan Longowal

A borrower must yield a concise application form to the Moneylender with Gold resources.

The Gold Loan is approved subsequently after checking the validity of the gold.

An individual can easily apply online on Dialabank. The system is uncommonly basic and bother free. The documentation procedure is extraordinarily less too.

Offline Process to Apply for Gold Loan Longowal

The Gold Loan seeker in addition has a choice to benefit Gold Loan Advance from the nearby branches. To do as such, scan for Gold Loan providing branches on google. It’ll select all the parts of banks and back organizations giving credits close to you. You can wish to pick them in correspondence to your tendency and data.

Dialabank can do that for you in a quicker and way better way. At that point you must visit those workplaces and apply for Gold Loan.

You can benefit advance advances from HDFC Gold Loan Credit Branches. Just as to find a division that is neighboring, look for Muthoot Gold Loan close by. Google will enlist all the Muthoot Gold Credit Branches close to you.

Know More – Top Reasons why Gold Loan is the best borrowing option

Processing Fees / Prepayment Charges on Gold Loan Longowal

Processing Fee
Prepayment Charges
HDFC Bank Gold Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 3 months
Axis Bank Gold Loan
0.50% to 1.50%
ICICI Bank Gold Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 9 months
SBI Gold Loan
500/- to 0.50%
Kotak Gold Loan
1% to 2%
2.25% of fore closure amount if closed 1 month ahead of the tenure.
IIFL Gold Loan
Muthoot Gold Loan
Manappauram Gold Loan
PNB Gold Loan
0.70% to 1%
Canara Bank Gold Loan
Andhra Bank Gold Loan

CIBIL Score Required for Gold Loan Longowal

CIBIL Score is a 3-digit numeric overview of your loan financial record. Each crediting foundation has its standards for the least CIBIL score which is compulsorily required to set up a Gold Loan application. A large portion of the affiliations require a least score of 900 to deal with your credit application.

Once in a while, these instituitions probably won’t look at your CIBIL score however your loan trade history, that is the way rapidly and exceptional you’ve been in taking care of your past advance advances. In the occasion, on the off chance that you have an incredible record of taking care of off your credit tabs by then it may make it more straightforward for you to benefit a gold advance development. Deferrals in taking care of your past advances can in addition go about as a hindrance in profiting your new credit advance.

Gold Loan Longowal Agents

Benefit your Gold Loan with the most trusted and dependable operators from Dialabank. You can apply online at Dialabank or give a call at 9878981166.

Dialabank causes you locate the best option between numerous banks and NBFCs by giving you a thorough and normalized advertise investigation of different banks so you don’t need to consider the convoluted subtleties and procedure you have to experience, thus you can settle on the correct decision.

Visit our site at Dialabank and round out an application form, mentioning some data and our client chiefs will help you further.

Gold Loan Longowal Contact Number

Call 9878981166 and get instant help and approval for Gold Loan in Longowal instantly.

Pre Calculated EMI Table for Gold Loan Longowal

5 Yrs
4 Yrs
3 Yrs

About Longowal

Longowal is a town with municipal council in Sangrur district in the Indian state of Punjab. Longowal is unique in the history of East Punjab.