About Vidharbha Konkan Gramin Bank Gold Loan
Vidharbha Konkan Gramin Bank was established in the year 2013 after the merger of Wainganga Krishna Gramin Bank and Vidharbha Kshetriya Gramin Bank. The bank operates in 17 districts of Maharashtra. And, has 318 branches and 84 Ultra small branches in the entire area of operation. A lot of financial services are provided by this bank namely, Gold Loan, Personal Loan, Home Loan and many more. Therefore, if you want to overcome any financial trouble through a Gold Loan, Just Click Here.
What is Gold Loan?
Gold Loan which is generally stated as a loan against gold is a secured service in which the applicant just has to put ornaments of gold in the bank in return of loan amount. In addition, the Gold Loan Interest Rates are quite affordable in contrast to other services like Personal loans and Homes Loans.
Eligibility for Vidharbha Konkan Gramin Bank Gold Loan
The applicant can avail Vidharbha Konkan Gramin Bank Gold Loan as long as the eligibility criteria are fulfilled:
- Firstly, The applicant should lie in the age group 18-70 years
- Most importantly, you should be a citizen of India
- No employment status is considered, therefore, both salaried and self-employed can apply
- 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
- Maximum funding that can be availed is up to 1Crore
Documents Required for Vidharbha Konkan Gramin Bank Gold Loan
Applicant’s Identity Proof: Verification documents required should be specifically among the following: Voter ID /Ration card /Aadhar card / Driving License/ Valid Passport
Signature Proof: The documents required as signature proof includes: Passport Copy/Driving License/Banker’s verification/cheque
Customer’s Residence Proof: The documents required as proof of residence are: Telephone Bill/ Electricity Bill/ Rental bill /Trade license /Shop & Est. License/Sales Tax certificate.
Documents required for the farmers are namely:
Land Proof and Income proof.
Other: Two passports sized colored photographs.
Interest Rate of Vidharbha Konkan Gramin 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.
Also, The pre-closure charges are in between 0% to 2% of the value of the loans.
Advantages of Vidharbha Konkan Gramin Bank Gold Loan
No income and salary criteria- Gold loans do not require any qualifications for income or salary of the person. So even if you are unemployed and unsalaried you can still avail of a gold loan. This is because you are pledging a valuable asset, gold in return of the money.
CIBIL Score: Available also in case of bad credit history or low-income level.
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.
How to Apply for Vidharbha Konkan Gramin Bank Gold Loan?
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.