Major Gold Loan Providers in Machhiwara
Min Loan Amt
Metro : 25000, Non : 15000
Max Loan Amt
3 months to 24 months
9 months to 24 months
0.25% to 1.50% of the Loan Amt
0.25% to 1.50%
2%, Nil foreclosure charges after 3 months
2%, Nil foreclosure charges after 9 months
Pay Only Interest Facility
Gold Rate Per Gram
Gold Loan Machhiwara Features
Do you have uncertainty in the near future?
Stop worrying as Gold Loan is available for you when you are in need. This loan type is unsecured and thus requires very little paperwork, as it is secured which lets your loan approved within 48 hours after the completion of all verification process.
Gold Loan in Machhiwara provides financial aid to the customers at the best affordable interest rates, as low as 7 percent. To secure a Gold loan, the applicant must have a credible and fixed source of income and with a perfect credit history, which will ensure the verification and loan approval process even faster.
Furthermore, the applicant can get up to 75 per cent of the market value of the gold even in sudden price fluctuations in the gold market.
Other features of gold loan:
- Anytime Liquidity, meaning ready to use funds.
- Simple documentation and fast processing.
- The overdraft limit varies depending on the market rate of gold.
- Easy repayment schemes.
- No hidden charges.
- Premiums calculated on daily reducing balance
Gold Loan Machhiwara Interest Rates
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 Machhiwara
The following documents are needed from the applicant:
- Proof of Identity can be any of the following: Passport Copy/ Voters ID card/ Driving License/Aadhaar card.
- Address Proof can be any of the following: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.
- Signature Proof, which can be any of the following: Passport Copy/Driving License/Banker’s verification/cheque.
- 2 passport size photographs.
Additional Documents Required for Gold Loan Machhiwara
- Land Proof: In case of an Agriculture Loan of more than Rs. 1 lac. The proof is not necessary for allied agriculture purposes.
- A Demand Promissory Note.
- Certificate by the Jewel Appraiser (Bank will arrange).
- Income Proof: Salary Certificate and Form No.16
Eligibility Criteria for Gold Loan Machhiwara
- The applicant should be between the age group of (minimum) 21 to 60 (maximum).
- The nationality of the applicant must be INDIAN.
If you meet these criteria, you can apply for the gold loan right now at Dialabank. Please see the application process below.
GOLD LOAN @ 0.49%*
How to Apply for Gold Loan Machhiwara
Online Process to Apply for Gold Loan Machhiwara
In a short time, you will receive a call from our trained representative. Furthermore, Dialabank provides you with a pick-up facility for your documents from your doorstep.
For further information, you can call on +919878981166 anytime.
Consider Dialabank as the best platform to apply for a gold loan online, because it is rated the best. There are many reasons behind this, some of them are:
- Dialabank is the first financial helpline in India providing the best known financial services to its customers all over the country.
- Dialabank guides the customers cost-free, as it charges no additional cost of applying for a gold loan online on the website of Dialabank.
- You can get a high Loan-to-Value (LTV) of your gold with Dialabank.
- Dialabank is connected with leading Banks such as HDFC, ICICI, Axis, Muthoot, Yes bank and many others.
- Besides that, the bank has a high reputation among its customers because of its best and fast services.
- Applying for a gold loan on Dialabank will get a low Gold Loan Interest Rate.
- Dialabank provides a facility of document pickup from the applicant’s doorstep to ease the process.
- Processing your gold loan per gram through Dialabank requires minimum paperwork.
- Finally, the Relationship managers are highly trained to guide and serve you in the entire process of Gold Loan.
Offline Process to Apply for Gold Loan Machhiwara
The applicant can also choose to avail of Gold Loan from the nearby physical branches. This can be done by searching ‘Gold Loan near me‘ on google. It will enlist all the closest branches of banks and finance companies providing loans near your location. Please select them according to your preference and knowledge. However, Dialabank can do that for you in a quicker and organized manner.
But if you choose to go with a physical branch which is near you, the applicant might have to visit the responsible departments to apply for the loan, again and again, before than loan gets finally approved as it is a complex process. However, some banks and finance companies can approve the loan process faster. Our recommendations are HDFC Gold Loan branches and Muthoot Gold Loan branches. But again, Dialabank can do this even faster by handling all complex processes. You just need to apply to believe.
Processing Fees / Prepayment Charges on Gold Loan Machhiwara
CIBIL Score Required for Gold Loan Machhiwara
No CIBIL score is required for Gold Loan, A gold article is a must.
A good CIBIL score is a must before applying for a loan other than a gold loan. It is basically a foundation for your loan, for this reason, every lending institution has its own guided criteria for the minimum required CIBIL score for processing a Loan application in Aizawl. Generally, most institutions require a minimum CIBIL score of 750 to process your loan application without any failure.
It is not just your CIBIL score, many institutions also look at the detailed behaviour on the previous loans taken by you, including details on the type of loan and the loan amount, payment schedules and if all deadlines are met while repayment. Making sure your CIBIL score is good before applying for a loan is a good practice.
Gold Loan Machhiwara Agents
Dialabank works as a bridge to find the best option between several Banks and NBFCs by providing you with a detailed and structured market comparison of different banks. This eliminates the unnecessary worries about the complex information and process you have to go through. So, you can make the right choice. Visit our website Dialabank to fill a simple form for more details and our customer relationship managers will soon get in touch with you.
Gold Loan Machhiwara Contact Number
Pre Calculated EMI Table for Gold Loan Machhiwara
Sri Machhiwara Sahib is a developing city in the Ludhiana district of Punjab. Machhiwara is known for Gurudwara Sri Charan Kanwal Sahib which is associated with Guru Gobind Singh Ji and named after the Guru’s feet which are compared to the lotus flower. And It is also famous for Religious Hindu Sri Shivala Bramchari Temple.
Table of Contents
- 1 Major Gold Loan Providers in Machhiwara
- 2 Gold Loan Machhiwara Features
- 3 Gold Loan Machhiwara Interest Rates
- 4 Documents for Gold Loan Machhiwara
- 5 Eligibility Criteria for Gold Loan Machhiwara
- 6 How to Apply for Gold Loan Machhiwara
- 7 Processing Fees / Prepayment Charges on Gold Loan Machhiwara
- 8 CIBIL Score Required for Gold Loan Machhiwara
- 9 Gold Loan Machhiwara Agents
- 10 Pre Calculated EMI Table for Gold Loan Machhiwara
- 11 About Machhiwara
- 12 Gold Loan in Other Cities