Gold Loan Hyderabad

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All About Gold Loan Hyderabad

Past are the days when one has to wait endlessly and bear long process of taking a loan.If you’re looking for an simple and quick way to get financing .Gold Loan Hyderabad, as the name, suggests it is Loan against Gold. Basically, secured loan requires the client to keep some security against the loan.

Interest Rates of Gold Loan Hyedrabad:

Gold loans are kind of secured loans, which makes it easier for you and the banks to communicate with assurance and trust.

The interest rate is 10.75% per annum.

Furthermore, the foreclosure fee is 0-2% of the total loan amount.

Finally, the processing fee is 0-2% of the total loan amount.

 

Eligibility Criteria for Gold Loan Hyedrabad:

At first, you should be a permanent resident or a citizen of India.

After that, the acceptable age for applying is from 18 years to 60 years.

Next, you should have more than 10 grams of gold jewellery or ornaments.

At last, the purity of your gold should be from 18 carats to 22 carats.

Benefits of Gold Loan Hyderabad:

Gold Loan Hyderabad

Primitively, a gold loan is classified as a secured loan. Therefore, it involves lenient acceptability criteria and minimum documentation. Generally, disbursal of the loan is in just a few minutes.

Furthermore, banks and NBFC’s usually do not question your income verification in gold loans. Hence, you can apply for a gold loan irrespective of whether you are earning or not.

 In addition to this, unlike personal loans, approval of a gold loan does not depend on your credit score. The loan amount solely depends upon the market value of your gold.

Documentation for Gold Loan Hyedrabad:

To start with, you should affix two passport size photographs with the application form.

Secondly, you should submit a proof of Identity. It can be a PAN Card /Passport/ Voter ID Card/ Aadhaar Card.

Also, you should attach a residence proof with the application form. It can be Voter ID Card/ Passport/ PAN Card/ Aadhaar card/ Driving License/ Ration Card/ Rental Agreement/ Utility bills.

How to apply for Gold Loan Hyedrabad?

First of all Visit www.lendingwale.com  and fill the form online and get a loan in a few minutes

After that, go to the loan section and select a Gold Loan link.

And then by clicking this link, you will be directed to all details of the Gold Loan where you can select your preferred city.

Furthermore for more information and free guidance all us 95920-46860

About Hyedrabad

It is the capital of the Indian state of Telangana and de jure capital of Andhra Pradesh, occupying 250 sq mi along the banks of the Musi River, Hyderabad City.

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