Skip to main content

GET A LOAN WITH LOW INTEREST RATE ON GOLD ORNAMENTS


In India, Gold has always been an asset that supports you in the need of an hour. If you have jewelry or ornaments or raw form of this valuable metal, you can simply borrow sufficient money by pledging it to the bank or money lender. The amount can be used for any purpose like marriage expense, purchase of property, investment in the business, construction of the home, education or to fulfill any other necessity. 


"Gold Loan In India" is given by several banks, financial institution, or many lenders, you can choose as per your convenience. Each bank or money lender has its terms and conditions to give you the loan amount. Mostly you will get 80% value of gold ornaments. To know more about the Gold loan and its benefits, here are some key points you need to remember while applying for a gold loan.


•    You can apply for the gold loan both online and offline. If you are applying online then make sure you have researched well. It helps you to be saved from fooled agencies by some fake agency. 


•    You will get the loan amount as per the market value of gold ornaments. You can borrow till 50 lakh as per your requirements.


•    You do not have to pay any EMI, in most of the cases. You just need to pay the interest.


•    The interest rate is very low. It can be somewhere between 8 to 11% depending on the bank or money lender you have chosen. 


•    To get approve your amount, the basic requirement is that your asset or ornament must be approved and it should be minimum of 20 carats or above.


•     You require minimum documents to "Apply For Gold Loan". You need one passport size photograph, you need to submit any of your identity proofs (Passport, Aadhar Card ) and address proof. 


•     As per the Indian rules and regulations, your age must be 18 years or above.


•     The loan is highly safe and secure. Along with the amount, you also get the security of your assets. You will get your ornaments back once you will repay the amount.


•    There are no fixed eligibility criteria to get the money for your gold. It can be taken by anyone who has gold ornaments. You do not need to show proof of your regular income. There is no minimum income required to apply for gold loan


•    Once you apply for the loan amount from whatever means you have selected online or offline you can get the amount in your hand in the next 72 hours. You will get the disbursal quickly.

Overview:-
Whether you are a student, businessman, or a homemaker, you can get your gold loan approved. What are you waiting for? If you have your ornaments locked in your locker and you are in urgent need of money go to your nearest bank and get your requirement fulfilled at the earliest. Make sure you have searched for all the information related to the interest rates, privacy policies, and documentation process

Comments

Popular posts from this blog

HOW SHUBHBANK IS BEST FOR BUSINESS LOAN

In India, being a developing country every year many start-ups are launched and operated successfully. There are really a great number of young people who come up with an excellent business ideas every year. But most of businesses fail and the main reason behind it is the lack of funding. Nowadays, banks and other financial institutions become more stringent in the eligibility criteria to sanction a business loan. And to "Make Your Business Loan Successfulyou need to provide a stack of documents to the lender. Then the lender verifies your documents and takes 30 to 40 days to disburse the loan. So the parallel way of business funding is ShubhBank. Our aim is at funding your dying business but our way of functioning is different from other traditional lenders. We provide easy business loans for small and medium-scale enterprises with progressive vision.
ShubhBank have different process of gauging the loan eligibility than traditional banks and financing companies. Lenders d…

HOW TO OVERCOME A MONEY CRISIS AMID COVID-19 LOCKDOWN

Nowadays, the coronavirus outbreak has affected our lives in countless ways. The deadly virus has made its presence felt in everyone’s personal and professional way such as from shopping groceries, socializing with people or commuting to workplace. It has also a negative impact on the country’s economy leading to widespread layoffs and pay cuts that have taken a toll on salaried individuals. If you are also a salaried employee and facing a loss of income then ShubhBank have stepped in with few options to guide you that how to overcome a money crisis amid "Covid-19 Lockdown". We are happy to help you over this financial crunch by offering Loan against Insurance Policy and online Personal Loan to raise funds.

Online Personal Loan:
many banks and NBFCs have rolled out many personal loan offers for existing customers and who hold salary as well as pension accounts in their financial institutions in this lockdown period. You could also take the advantage of "Online Perso…

HOW TO APPLY FOR A CREDIT CARD

Credit Cards epitomize modern lifestyle in terms of convenience a d have emerged as one of the fastest ways of carrying out transactions. Those days are gone when having a magic plastic card and flaunting it among your relatives and friends was a symbol status. With a view to increased acceptance, many banks and NBFCs have been offering various additional rewards and benefits with credit cards. As the cashless transaction becoming more and more common, everyone has a credit card, either a middle class man or a high net worth individual. There are host of card options available in the market having variety of features linked to them. The most popular and reliable ones are entertainment credit cards, shopping cards, fuel cards, cash-back cards, premium cards and business credit cards. They provide rapid access to money anytime and anywhere, so are the handiest asset you can have. They has emerged as viable alternative to currency notes providing access to covering expenses on the go and…