Pallavan Grama Bank Gold Loan

Gold Rate: ₹ 5,121 Per Gram

⍟ Interest Rate 7.0% p.a. ⍟

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Unlock the Real Value of your Gold
Lowest Rate of Interest
Get Money in 30 Mins
Loan Amount Up to 1 Crore
Loan Tenure Up to 48 Months
Unbiased Experts Advice

All about Pallavan Grama Bank Gold Loan

Pallavan Grama Bank Gold Loan

Pallavan Grama Bank is a regional rural bank in the state of Tamil Nadu. The bank was established in the year 2006 after the merger of two grama banks namely, Adhiyaman Grama Bank and Vallalar Grama Bank. The bank has a wide network of 289 branches that serve 15 districts of Tamil Nadu. A lot of financial services are available by this bank like Gold Loan, Personal Loan, Home Loan and many more.

What is Gold Loan?

Gold Loan is a service that is availed by the people in times of need. To begin, the applicant just has to put gold ornaments in the bank in return for the loan amount. As soon as the applicant repays the loan amount, the ornaments are returned to the customer. Finally, Gold Loan Interest Rates are quite affordable in comparison to other services.

Features of Pallavan Grama 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.

Less 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.

gold loan at 7%

Interest Rate of Pallavan Grama Bank Gold Loan

First of all, The interest rate of this service starts at 7.00%-12% p.a.

Secondly, The financial organizations provide these loans for 1 to 4 years.

Thirdly, The pre-closure charges are in between 0% to 2% of the value of the loans.

Eligibility for Pallavan Grama 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. 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. Maximum funding that can be availed is up to 1Crore

Documents Required for Pallavan Grama 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
    gold loan at 7%

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 for Pallavan Grama Bank Gold Loan required are namely:

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

How to Apply for Pallavan Grama Bank Gold Loan?

  1. First of all, a lot of services are available through lending institutions thus people tend to get confused while choosing the best deal for themselves.
  2. In order to clear this confusion, our company provides the customer total assistance during the entire process of the loan and guide them The Best Loan Deals according to their needs.
  3. Moreover, the customer is guided without any partiality towards a certain product. Which further gives them a clear picture of the loan to be availed.
  4. Easily Apply for a Gold Loan through www.dialabank.com  or Call on 95920-46860.
    gold loan at 7%

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