Gold Loan Raman

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Unlock the Real Value of your Gold

Rates as low as 1% p.m.
Get Money in 30 Mins
Loan Amount Up to 1 Crore
Loan Tenure Up to 48 Months
Unbiased Experts Advice

Do you need financial help and cannot afford it from anywhere? Do you have gold lying in your lockers? What are you waiting for?  Dialabank is the answer to all your financial problems. Taking Gold Loan is the easiest way out as it does not require your CIBIL score, and the interest rates are very nominal, which are easily affordable for you.

Want to know to get instant Gold Loan in Raman? – Click Here

What is a Gold Loan?

Gold Loan is the way of making money through gold. This becomes unproblematic for the borrower to apply for loan against gold you just have to pledges gold ornaments as collateral with a company. The company, in return, gives a loan amount as per the market value of gold to the customer.

What is Gold Loan Raman Interest Rate?

  1. Interest Rate: Gold Loan Rate starts at 10.75% per annum.
  2. Processing Fees: The banks and lending institutions charge around 2% of the loan amount as processing charges.
  3. Loan Tenure: Six Months to 48 Months.
  4. Gold Loan Per Gram: The loan amount sanctioned for per gram of gold is around Rupees 1,750 to Rupees 2,100. Gold Loan Per Gram depends upon the purity of the gold.

Know More – Gold Loan Interest Rate

Why should one apply for a Gold Loan Raman?

  1. Faster processing
  2. Option to pay interest only
  3. Lower interest rate
  4. No processing fees
  5. Low or no foreclosure charges
  6. No-income proof required
  7. Bad credit history not an issue
  8. Safety of gold

Know More: Gold Loan Features

Eligibility Criteria for Gold Loan Raman

ELIGIBILITY

Age

Minimum:18 year

Maximum (at loan maturity): 70 year

Gold requirements

Minimum 10 gram of gold

Loan Amount

Minimum:15k

Maximum: No Limit

Citizenship

Indian

Employment Status

Salaried

Self-employed

 

Documents Required for Gold Loan Raman

  1. Proof of Identity: Passport Copy/ Voters ID card/ Driving License.
  2. Address Proof: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate. 
  3. Signature Proof: Passport Copy/Driving License/Banker’s verification/cheque.
  4. Photographs: 2 passport size photographs.

Additional Documents Required:

The banks generally demand for the above given documents. However few banks demand for some additional documents, which are mentioned below:

  1. Land Proof: In case of Agriculture Loan of more than Rs.1 lac. Proof is not required for allied agriculture purposes.
  2. A Demand Promissory Note.
  3. Certificate by the Jewel Appraiser (Bank will arrange).
  4. Income Proof: Salary Certificate and Form No.16.

Who all can apply for Gold Loan Raman?

  1. First and foremost, the gold should be in the name of the applicant or family member.
  2. Secondly, the applicant should be a resident of India.
  3. Thirdly, The age should lie in between 18 years to 70 years(at the time of loan maturity).
  4. Next, the bank is not concerned about the employment status of the applicant. Thus salaried, self-employed, homemakers, students anyone can apply for a Gold Loan.

Know More – Gold Loan Per Gram

Benefits of Gold Loan Raman

  1. No income and salary criteria– Gold loans do not require any documentation or validation for 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 of the money.
  2. Relatively Lower interest rates– Another advantage of taking a gold loan is that they are available at low interest rates, say 12-16% annually in comparison to the personal loans interest rates of 15-26% per annum.
  3. 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.
  4. Total Convenience- The most convenient of all the loans is gold loan. 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.
  5. 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.

Know More –  Gold Loan Benefits

How to apply Gold Loan Raman?

  1. A person can easily apply online on www.dialabank.com.
  2. The process is very easy and hassle-free.
  3. The documentation process is very less as well.

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

About Raman

Raman is a town of Bathinda city in the Punjab state, India. To get a gold loan, it is easy to apply through Dialabank. We offer you a very minimal interest rate as compared to others in the market. 

FAQ’s for Gold Loan 

Q. What is Gold Loan Interest Rate Formula?

A: The Gold Loan Interest Rate varies in different banks. Mainly, it depends upon the amount of loan.

Q. How to pay Gold Loan Online?

A: You have an option to pay a gold loan online through online repayment applications.

Q. How does Gold Loan Work?

A: Gold Loan is very simple to understand as well as easy to avail. The Bank provides you with funds against your gold Jewelry. The amount depends upon the gold weight.

Q. Gold Loan is secured or not?

A: Yes, Gold Loan comes under the category of secured loan. Because the applicant has to put their gold jewelry into the bank’s locker as security or as collateral.

Q. When you don’t repay a Gold Loan amount?

A: If the applicant is unable to return the gold loan amount at fixed tenure, the bank is liable to sell his gold Jewelry.

Q. What is the best online platform to avail gold loan?

A: 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.

  Gold Loan Interest Rates: Updated

Bank

 Interest Rates

HDFC Bank Gold Loan

10.00% – 14.50%

ICICI Gold Loan

10.00% – 16.10%

Muthoot Finance Gold Loan

12.00% – 24.00%

Axis Bank Gold Loan

14.50% – 17.00%

ManapRamanam Gold Loan

19.00% – 26.00%

Yes Bank Gold Loan

10.00% – 15.99%

Bank of India Gold Loan

19.00% – 26.00%

Federal Bank Gold Loan 

11.75% – 13.50%

IIFL Gold Loan

12.00% – 12.00%

Central Bank of India Gold Loan

12. 90% – 14.65%

Canara Bank Gold Loan

12.65% – 12.65%

Andhra Bank Gold Loan

11.70% – 10.45%

Induslnd Bank Gold Loan

11.15% – 15.75%

PNB Gold Loan

10.75% – 11.75%

Bajaj Finance Gold Loan

14% – 26%

Bandhan Bank Gold Loan

11.5% – 14.5%

DCB Bank Gold Loan

14% – 16%

SBI Gold Loan

11.05%-15%

Indian Bank Gold Loan

10.00% – 15.99%

UCO Bank Gold Loan

19.00% – 26.00%

Kotak Mahindra Bank Gold Loan

11.75% – 13.50%

Syndicate Bank Gold Loan

12.00% – 12.00%

 

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