Gold Loan

Gold loan

Gold loan is a secured loan as it is a loan taken against gold. Under this facility bank, NBFCs provides loan equal to the market value of the gold with an EMI option to repay the same.

Gold is common household in India and that too lying idle in lockers while it can be used for good reasons. You can fulfil your urgent need of money just by pledging it to any lending institutions. There are various NBFCs and banks that offer loan against gold at attractive interest rates. Nowadays gold loan is so easily available that it be applied online through the bank's & NBFCs official websites. After applying online, you have to visit the lender office once to deposit your gold articles. You can also apply for gold loan with Adiloans in Delhi/Noida through our website.

Eligibility:

  1. The customer should be a citizen of India.
  2. The borrower must be between 18 to 75 years of age.
  3. The gold ornaments should be between 18 to 22 carats. If you keep bank-minted coins, they have to be 24 carats

Features:

  1. Faster processing: Get your Gold Loan processed in less than 30 minutes
  2. Lower interest rate on gold loan.
  3. No processing fees
  4. No foreclosure charges
  5. Income proof is not needed
  6. The credit score is not required
  7. You get 100% Safety & Security of your Gold Jewellery

Documents:

  1. Two passport size photograph
  2. ID Proof such as Driving License / PAN Card / Form 60/61 / Passport Copy / Voter ID card / Aadhaar Card / Ration Card. Any one document needs to be submitted
  3. Address Proof such as Driving License/ Voter ID Card/ Ration Card/ Aadhaar Card/ Passport Copy / registered lease agreement with not older than 3 months utility bills in the name of landlord (any one).

Eligibility

  • You should be in operational business for a minimum of 2 years.
  • You should have a self owned house or business premise.
  • Your annual income should be minimum Rs 3 lacs in last 2 financial years.
  • You should have a good CIBIL score & credit history.

Features

  • Loan is provided as Overdraft Facility,which reduce your interest cost.
  • Loan tenure of 6 months to 24 Months.
  • Loan amount from 50,000 to 5 lac
  • Fast disbursement : within 24 hours after completion of documents

Documents

  • KYC documents of the applicant and the organisation
  • ITR – Financial documents for the last 2 years
  • Bank statements for the last 12 months
  • Existing Loan or overdraft sanction letters ( if any)

Testimonials

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