Taking a loan on Gold is the most sorted way to get out of your financial problems. Bank provides money on a very minimal interest rate and with least documentation. Not only this, your Gold is much safer at bank locker than at home. Stop bothering yourself anymore during those crises and apply today for Gold Loan Talaja.
Gold Loan Talaja Eligibility
There are some essential eligibility criteria which one needs to fulfil to apply for a gold loan successfully
Firstly, you should be a citizen of India to apply
People under the age of 18 years cannot ask for a loan application.
Maximum age cannot exceed 60 years.
The purity of your Gold needs to be more than 18 Karats
Furthermore, you need to have at least 10 grams of Gold to get a loan on it.
Required Documents for Gold Loan Talaja
Eventually, the documentation for a gold loan is among the most sorted and easy ones as you need to have elementary proofs.
Identity proof: Every Indian have some basic identity hence for applying for a gold load you need to present those identities it can be one of these – aadhar card/ driving licence/passport/voter card
Furthermore, for your address proof, you can provide any one of them: Aadhar Card/Card/Ration Card/ Utility Bills of last three months in the name of the applicant/ Passport Copy.
Two latest passport size photos are also required.
Besides, especially for agriculture gold loan, you need to give land ownership details.
Interest Rate for Gold Loan Talaja
In general, the Loan is available at a manageable percentage of interest. The reason behind that the gold loan is among the secured loans. Hence, the interest rates are less than that of a personal loan or any other kind of loans. Which becomes 10.75% annually, which are quite less when compared to personal Loan, which dwells around 15%-26% annually.
Benefits of Gold Loan Talaja
Gold Loan is a most comfortable and simple way to get instant finance. It has only 30 minutes of disbursal procedure.
Moreover, it has the most straightforward documentation process.
Gold Loan is the best Loan to deal with your sudden as well as short-term needs.
Interest rates are least than any other loan available out there.
There are not any credit checks required.
A person having a bad civil score is also eligible to apply for a gold loan.
Procedure for Gold Loan Talaja
Applying for a gold loan is never a hassle, but we make it most quick and sorted for you.
Just need to visit Lendingwale and go to golds loan menu.
Eventually, fill the basic eligibility form there with your contact number.
After that applicant gets the call from our relationship manager.
Forms of Gold
It is essential to know which type of Gold is eligible for Loan. Basically, gold quality needs to be in the range of 18 to 22 Karats.
After that, Gold transformed into jewelry is acceptable.
Besides, raw Gold is not accepted.
Gold coins less than 50 grams are accepted.
Is Gold Loan Secured?
Yes, it is essential to note that the gold loan comes under the category of secured loans. As in a gold loan, the customers need to put their gold ornaments into the bank’s locker as collateral. If the customer is unable to return the gold loan on time, then the bank is liable to sell his gold ornaments. But as the customer is loyal in paying back his/her Gold is more secured with the bank than at homes.
First of all, Lendingwale offers the most uncomplicated way of applying for a gold loan.
Moreover, the customer gets a good comparison of the interest rates.
Furthermore, You won’t get any hassles, and the company collects documents from your doorsteps.
Talaja is a taluka in Bhavnagar district of Gujarat state, India. It is located 54 KM towards South from district headquarters Bhavnagar with a population of 26,187.