Gold Loan Vaikom

AT 0.49%* INTEREST RATE
APPLY NOW

    I have read the Privacy Policy & Agree to Terms & Conditions.

    Gold Loan Vaikom

    Gold Loan Vaikom

    The gold loan can be given to any person who possesses at least 10 gram of gold. There is no limit of salary or wages in order to avail the gold loan in comparison to other loan instruments. You need to only park your gold with the lending institution. A bank is also a safe place where it takes the responsibility of security of your gold.

    What is Gold Loan?gold loan Vaikom

    Loan against gold is available at a very reasonable rate of interest. Gold loan or loan against gold is a secured loan in which a customer pledges his/her gold ornaments as collateral with a gold loan company. The company, in turn, gives a loan amount as per the market value of gold to the customer. Gold for generations considered as most precious and people possess for a more extended period to meet unforeseen circumstances.

    Gold Loan Vaikom Interest Rates

    Credit against the gold loan is much cheaper as compared to other loan instruments. Gold is considered a secured form of collateral from the lender’s perspective. Gold loan is the best option among a plethora of loan instruments. Gold loan interest rate changes according to the risk associated with asset.

    1. Loan Interest rate – 10.70 %
    2. Also, offer low processing fee –  0.85%
    3. Further, pre-closer charges range from 0 – 2 %.
    4. Besides Tenure minimum of six months; maximum five year
    5. Lastly Amount – Thousand to a crore

    Know More – Gold Loan Interest Rate

    Eligibility Criteria for Gold Loan Vaikom

    The person with 10 gram of Gold can avail Gold Loan.

    Why should one choose Gold Loan?

    1. Prepayment facility.
    2. No credit checks.
    3. Gold Loan Vaikom in Eligibility
    4. Less processing charges on Gold Loan Vaikom
    5. Fast Loan disbursal.
    6. No hidden charges

    Who can avail Gold Loan Vaikom

    1. The age of the customer should not be less than 18 years
    2. The applicant should be a citizen of India.
    3. The quality of the gold should be in between 18 karats to 22 karats
    4. The applicant should have gold in an appropriate form.

    Gold Loan Vaikom Documentation Process

    1. Firstly, Identity Proof is required. It can be an Aadhar Card/ Voter ID card/ PAN Card/Driving License/ passport.
    2. Secondly, One proof of residence is also required while applying for a gold loan; it can also be an Aadhar Card/ Card/ Voter ID card/ PAN Card/Driving License/ Passport/Ration Card/Electricity/water bills of last three months with the name of the applicant.
    3. Two colored photographs.

    Gold Loan Vaikom Features

    1. You get 100% Safety & Security of your Gold Jewelry
    2. Get your Loan process in less than 30 minutes
    3. Enjoy Anytime Liquidity.
    4. No EMI’s
    5. Lower Interest Rates
    6. Simple documentation and fast processing.
    7. The gold loan interest rate is payable the only amount of the overdraft that you utilized.

    Know More – Gold Loan Per Gram

    How to Apply for Gold Loan Vaikom?

    1. Any individual can easily apply online on www.dialabank.com.
    2. The process is straightforward, even for ordinary people.
    3. The documentation process is simple.

    About  Vaikom

    Vaikom is a muncipal town and a capital town of Vaikom Taluk, situated in the northwest of Kottayam district in the state of Kerala, India.  

    Gold Loan Interest Rate of Different Banks – Updated on 2020

    Bank 

    Gold Loan Rate 

    HDFC Bank

    10.75%

    Yes Bank 

    10.85%

    Axis Bank

    10.90%

    SBI Gold Loan

    11.50%

    ICICI Bank

    11.75%

    IIFL Gold Loan

    11.75%

    Allahabad Bank Gold Loan

    11.75%

    Muthoot Gold Loan

    12.00%

    Federal Bank Gold Loan

    12.00%

    Manappuram Gold Loan 

    12.25%

    IDBI Bank

    12.25%

    PNB Gold Loan

    12.25%