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Gold Loan Chandernagar

    The interest rates of gold loans are usually on the lower side when compared to personal loans.  Loans are sanctioned after a close check of primary documents, and evaluation of the gold pledged.

    Gold Loan Chandernagar Eligibility Criteria

     Gold Loan has eligibility criteria that the customer has to qualify.

     These are

    After that, the Applicant has a minimum age of 18 years.

    Furthermore, the customer should have a minimum of 10 grams of gold.

    Documents Required for Gold Loan Chandernagar

    The Gold loan is secured loan, as the banks provide the loan against gold collateral. Financial and non-financial institutions provide this loan by keeping gold ornaments, which is returned to the Applicant on repayment of the loan amount. Gold loan is processed within a short period without any requirement for tedious paperwork.

    Identity Proof: First of all, the borrower should have at least one identity proof. Anyone of the given evidence is accepted, such as (Voters Card/Aadhar Card/Driving License).

    Residence Proof: After that, the Applicant should require one residence proof to get a loan. It can be (Ration Card/Aadhar Card/ Electricity Bill with the name of the customer of the last three months.

    Bill of the last three months is required to get a gold loan.

    In Addition to that, two passports sized colored photographs of borrowers are required.

    Proof of ownership of Land is required if you are applying for an agriculture gold loan.

    Gold Loan Chandernagar Interest Rates

    In general, the gold loan is available at straightforward interest rates. The interest rates of gold loan are less than that of personal loan.  The interest rates keep on changing person to person and time to time.

    Features of Gold Loan Chandernagar

    The Gold Loan involves so many features. So let us discuss these features.

    First of all, the gold loan requires a straightforward process to apply for a loan.

    After that, the gold loan gets disbursed within 15 minutes.

    Furthermore, the low rate of interest is charged on gold loan.

    Besides that, the gold loan requires less documentation.

    Finally, the gold loan required no credit check.

    Gold Loan Chandernagar Procedure

    The borrower needs to visit

    After that, the Applicant fills the application with the required information.

    But the customer should fill the contact number.

    At last, the borrowers get a call from our side if he/she is eligible.

    Forms of Gold

    Not every type of gold is considered by the bank to provide the Gold Loan. There are some restrictions.

    First of all, the purity of the gold should lie in between 18 Karats to 22 Karats.

    After that, gold in the form of jewelry or coins is accepted.

    Furthermore, gold coins that weigh less than 50 Grams are readily accepted.

    Is gold loan Secured?

    Yes, it is essential to note that the gold loan comes in the category of secured loans. Because in a gold loan, the customers put their gold ornaments into the bank’s locker as security or as collateral. If the customer is unable to return the gold loan on time, then the bank is liable to sell the gold ornaments of the borrower.


    First of all, www.lendingwale.comoffers a natural process of application of the gold loan.

    After that, the borrower gets a good comparison of the interest rates on gold loan from other banks. Furthermore, the company provides the document pickup facility to online borrowers from the doorstep.

    About Chandernagar

     Chandernagar is a city in district of Ghaziabad in Uttar Pradesh, India.