Gold Loan Sausar
Do you need financial help and cannot get it from anywhere? Are you stuck between a lack of finance and fulfillment of your dreams? What are you waiting for? Gold Loan Sausar is the answer to all your problems. Taking Gold Loan is the easiest way out as it does not consider your CIBIL score, and interest rates are very nominal.
What is Gold Loan?
With our increasing needs and demands, we need more money to fulfill our requirements. Gold Loan Sausar is the loan provided by various banks and NBFCs where they take your gold as collateral against the principal loan amount and give you the money in return of it. You can pay back the amount and get back your gold at any time, with a specified rate of interest.
Gold Loan Sausar Interest Rate
The interest rate of Gold loan Sausar is less as compared to other loans like personal loans, home loans, etc. Gold Loan Interest Rate is quite reasonable. The annual Interest Rate is 10.75%. It is less than even 1% per month. If you want to close your Loan account before the actual period, then there is an option of foreclosure where you need to pay 0-3% of the total amount along with your pending amount. In this way, you need not pay interest any more.
Know More – Gold Loan Interest Rate
Gold Loan Sausar Eligibility
The Gold Loan process is very easy. The documentation is quite simple. However, you need to fulfill some eligibility criteria.
- Firstly, the minimum age of the borrower must be 18 years.
- Secondly, the Maximum age must not be more than 70.
- Also, the borrower must be an authorized citizen of India.
- Moreover, there are no criteria for salaried or self-employed customers. Anyone can apply for Gold Loan.
- Further, the purity of Gold must range between 18 karats to 22 karats.
- In addition to it, the minimum weight of Gold is 10 grams.
Benefits of Taking Gold Loan Sausar
- Firstly, Gold Loan Sausar is a secured service; hence, it is available at a swift pace. As a result, you can get your loan in less than 2 hours of applying.
- As compared to the other Loans, the Interest Rate of Gold Loan is very reasonable.
- Gold Loan Sausar foreclosure charges are very low.
- As it is secured Loan, so the customer does not have to worry about bad loan repayment history.
- It does not consider any income proof.
- In addition to that, there are no extra charges to apply for the Gold Loan.
- The best part is that the borrower can pay the principal amount at the end of the tenure.
Know More- Gold Loan: Factors to Remember
Documentation Required for Taking Gold Loan Sausar
- Identity proof- Aadhar Card/PAN Card/Passport/Voter ID
- Residence proof- Aadhar Card /Pan Card/ Ration Card/ Utility Bills on the name of applicant/ Rental Agreement of applicant/ Voter ID card.
- Signature proof- Passport/ Driving License/Voter Card
How to Apply for Gold Loan Sausar Online?
- Firstly, a person needs to go to our website, dialabank.com.
- After that, you need to fill an application form with your basic details.
- In addition to that, you need to provide your phone number which is working so that we can contact you.
- Once you dill the form, your work is done here.
- Now you can have a seat and relax, our Relationship Manager will contact you within 30 minutes and will give you the best possible loan available in the market.
- Further, our Relationship Manager will make sure that you will get the best interest rate in the market, along with a high loan-to-value ratio (70-75% of the real value).
- Finally, once you decide from which bank you want to take a loan, all you need to do is go and deposit your gold and take back the money.
- Within 24 hours, your loan will get dispersed.
- Know more about loan per gram , click – Gold loan per gram.
About Sausar
Sausar is a town and a Nagar Palika in Chhindwara district in Madhya Pradesh. It is famous for its oranges. Ninety percent or even more of farmers produce oranges. Here Cotton is grown in large quantities. The city has various government schools and two government colleges-one for science and other art commerce.
Raymond textiles mills had initiated their own CBSE school for the children of their employees and the general public. Kailashpath Singhania High School is similar to Bhansali Public School started by the Bhansali Engineering Polymers Ltd.
Gold Loan Interest Rate of Major Banks
|
Bank |
Interest Rates |
|
10.00% – 14.50% |
|
|
10.00% – 16.10% |
|
|
12.00% – 24.00% |
|
|
14.50% – 17.00% |
|
|
19.00% – 26.00% |
|
|
10.00% – 15.99% |
|
|
19.00% – 26.00% |
|
|
11.75% 13.50% |
|
|
12.00% – 12.00% |
|
|
12. 90% – 14.65% |
|
|
12.65% – 12.65% |
|
|
11.70% – 10.45% |
|
|
11.15% – 15.75% |
|
|
10.75% – 11.75% |
|
|
14% – 26% |
|
|
11.5% – 14.5% |
|
|
14% – 16% |
|
|
11.05%-15% |
|
|
10.00% – 15.99% |
|
|
19.00% – 26.00% |
|
|
11.75% – 13.50% |
|
|
12.00% – 12.00% |
