Gold Loan Thoubal

About Gold Loan Thoubal

If you are looking for a loan, then the gold jewelry lying in lockers can help you in arranging finance. Nowadays, banks are offering Gold Loans that require you to place gold ornaments as security with the lender, and you get instant cash against it.

What is Gold Loan?

Gold Loan is the best financial tool that helps an individual to cater the required amount of money without any hassle. A person who is not eligible for any other loan can apply for Gold Finance. Taking Loan against Gold is the best option to overcome all of the financial issues.

Why Gold Loan Thoubal?

1. Minimal Documentation
2. No EMI, service only interest
3. In-house gold evaluation
4. Gold Loan Thoubal is Available within a time period of 30-60 Mins
5. You can enjoy a maximum tenure period of 6 to 12 Months.
6. Fast Loan Approval
7. A person should have a minimum of 20 Gram gold to avail the Loan.
8. No penalties are involved in Gold Loan Thoubal.
9. Gold Loan Thoubal is Easily available
10. No credit checks for Gold Loan Thoubal.
11. Simple Procedures are involved in Gold Loan Thoubal.

Features of Gold Loan Thoubal

1. You can avail Loan up to Rs.1 Crore or more & up to 70% of value for any purpose
2. You get 100% Safety & Security of your Gold Jewelry
3. Get your loan processed in less than 30 minutes
4. Enjoy Anytime Liquidity in Gold Loan Thoubal.
5. No EMI, Service only Interest and enjoy the Loan facility
6. Lower Interest Rates on Gold Loan Thoubal.
7. Simple documentation and fast processing in Gold Loan Thoubal.
8. Overdraft limit varies depending on the market rate of gold.
9. The interest rate is payable the only amount of the overdraft that you use.

Gold Loan Thoubal Benefits

1. Personalized Service – Our trained Relationship Managers will understand your requirements and your profile and help you find the most suitable Gold Loan offer.
2. Rate Comparison – We help you understand the details of all costs involved in taking a Gold Loan and help you find the Cheapest Offer.
3. Research – Benefit from our detailed research on all the products from the leading Gold Loan players in the market and make the right choice.
4. Zero Charges – Dialabank offers personalized service to its customers at zero fees. Use our services to find the right Gold Loan deal at no extra cost.
5. Unbiased and Transparent Search – Our objective is to simplify your Gold Loan search and we provide information in an unbiased and transparent manner.

Gold Loan Thoubal Eligibility Criteria

1. The minimum loan amount for taking a gold loan 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.
5. Attractive interest rates on Gold Loan Thoubal
6. Safety and security of your gold jewelry
7. Flexible repayment options
8. No hidden charges on Gold Loan Thoubal

Advantages of Taking a Gold Loan Thoubal

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. Can be provided in cases of bad credit history as well as the low-income level
3. 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.
4. 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.
5. Total Convenience -The most convenient of all the loans is a 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.
6. 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 Thoubal

1. Proof of Identity: Passport Copy/ Voters ID card/ Driving License/Adhaar card/PAN card.
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. 2 passport size photographs

 Additional Documents Required for Gold Loan Thoubal

1. The banks generally demand the above-given documents. However few banks demand some additional documents, which are mentioned below:
2. Land Proof: In case of Agriculture Loan of more than Rs. 1 lakh Proof is not required for allied agriculture purposes.
3. A Demand Promissory Note
4. Certificate by the Jewel Appraiser (Bank will arrange).
5. Income Proof: Salary Certificate and Form No.16.

Gold Loan Thoubal Interest Rate

Interest Rate starts at 12.5 % to 15.5%.

Procedure of Gold Loan Thoubal

Step 1. A borrower needs to submit a short application form to the Lender with Gold assets.

Step 2. The lender analyzes the assets offered by the applicant (including the purity and weight of gold).

Step 3. The Loan is sanctioned after checking the authenticity of the gold.

*The whole process takes 10-15 minutes or an hour.

How to Apply for Gold Loan Thoubal

We assure you the quick, easy and fast process. Apply for the Gold Loan and grab the best deal today. Unmatchable offers, features, and benefits are available. Apply now and grab the best deal.

Visit www.dialabank.com

About Thoubal

Thoubal is a District in the state of Manipur, India. It is one of the biggest towns in Manipur.  The Imphal and Thoubal are the most significant rivers that flow through the district. The district is the largest producer of sugarcane in Manipur

Gold loan In Other Cities

Special Note: Always check Gold Loan Rate Per Gram before applying for loan against gold.