Narmada Jhabua Grameen Bank Gold Loan

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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

About Narmada Jhabua Grameen Bank Gold Loan

Narmada Jhabua Grameen Bank Gold Loan

Narmada Jhabua Grameen Bank is a Regional Rural Bank, which was established on 1st November 2012. The bank was formed after the merger of two Regional Rural Banks namely, Narmada Malwa Grameen Bank and Jhabua Dhar Kshetriya Gramin Bank.

Also, Narmada Jhabua Gramin Bank has its Head Office at Indore (M.P.) under the sponsorship of Bank of India.

Furthermore, The Bank is operating in 14 districts of Madhya Pradesh. Finally, the bank provides a good number of financial services that include Home Loan, Personal Loan, Gold Loan and many more. You can easily get a Gold Loan at a lower rate of interest.

What is Gold Loan?

Want money to carry out agricultural practices or to cope up with daily need? If yes! Then, Gold Loan is a great service that allows people to keep gold ornaments as security in the bank in return of the loan amount.

Also, the gold ornaments are fully secure in the bank lockers and, it is the responsibility of the bank authority to take care of the security of gold. In addition, Gold Loan Interest Rates are quite less in contrast to other services like Personal Loan and Home Loan.

Advantages of Narmada Jhabua Grameen Bank Gold Loan

  • Safety of Ornaments:  Of course the security of your Gold Jewellery is more in banks due to the proper security systems, unlike our homes.
  • Fast Process:  This is a type of secured loan therefore, you can get your gold loan processed in as quick as 30 minutes
  • Overdraft Facility:  The applicant has the option of overdraft facility that allows the applicant to enjoy anytime cash flow as per the needs.
  • Low-Interest Rates: Another feature is the rate of interest is very less in comparison to other services provided by the banks and NBFC’s
  • No Processing Charges: Surprisingly, the bank does not charge any extra cost for applying for a gold loan.
  • Fewer Documentation: The formalities that are to be completed are very less due to the type of service this is.
  • Flexible Period: Last but not least, the applicant can choose the tenure depending upon the need.

Eligibility of Narmada Jhabua Grameen Bank Gold Loan

The applicant can avail a loan as long as the eligibility criteria are fulfilled:

  1. Firstly, The applicant should lie in the age group 18-70 years
  2. Most importantly, you should be a citizen of India
  3. No employment status is considered, therefore, both salaried and self-employed can apply
  4. Also, The weight and quality of gold are equally important as a result the gold should weight at least 10 grams and purity should lie between 18 carats to 22 carats
  5. Finally, Maximum funding that can be availed is up to 1Crore.

Documents Required for Narmada Jhabua Grameen Bank Gold Loan

The documents should be particularly from the following options

Applicant Identity Verification Documents can be amongst the below documents (ANY):

  1. Passport: Valid Copy of passport both front and last page
  2. Voters ID card: Copy of Valid Voter Identity Card
  3. Driving License: Copy of Driving license which is valid.
  4. Adhar card: Copy of Adhar Card with current information

Applicant Address Verification Proof can be amongst the below documents(ANY):

  1. Passport: Valid Copy of passport both front and last page
  2. Voters ID card: Copy of Valid Voter Identity Card
  3. Driving License: Copy of Driving license which is valid.
  4. Adhar card: Copy of Adhar Card with current information
  5. Utility Bills on the name of the applicant.
  6. Sales Tax Certificate
  7. Rental Agreement

Signature Verification Documents required are namely:

  1. Valid Copy Passport
  2. Bank’s Verification Certificate
  3. Cheque

Interest Rate of Narmada Jhabua Grameen Bank Gold Loan

  • First of all, The interest rate of this service starts at 10.5%-12% p.a.
  • Secondly, The financial organizations provide these loans for 1 to 4 years.
  • Finally, The pre-closure charges are in between 0% to 2% of the value of the loans.

How to Apply?

  • First of all, Visit www.dialabank.com.
  • Secondly, fill an application form with all required fields
  • Thirdly, you will be reverted back by our Relationship manager to assist through the entire process.
  • Next, you will have to submit documents in the bank
  • Finally, your loan will be approved in just some minutes.
  • Apart from the above process, you can directly call us at 95920-46860.
  • Avail your Gold Loan with Dialabank and get personalized assistance

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