In our country, when things go wrong, and life falls apart, financial needs come banging on our door. Don’t let your financial concerns cloud your understanding and force you to take the wrong decision. Make a rational choice and opt for a gold loan. Apply for a gold loan Thirumangalam on, LendingWale, and we will suggest you most suitable gold loan deals particularly for you.
Eligibility Criteria for a Gold Loan Thirumangalam
To start with, the candidate must have a permanent residency or be a national of India.
Furthermore, the mandatory age limit for applying for a gold loan is 18 years to 60 years.
Moreover, the candidate must have more than 10 grams of gold ornaments.
To sum up, the purity of your gold must be 18 carats to 22 carats.
Benefits of a Gold Loan
Gold Loans are less time-consuming loans, and propose Instant Liquidity to you in contrast with many loans.
Secondly, nominal Documentation is anticipated as compared to other loaning schemes. You are required to submit an ID and Address proof to avail a loan.
Thirdly, a gold loan is available at a low-interest rate, generally 10.7-14% annually in comparison to the personal loans whose interest rates of 15-26% per annum.
Last but not least, flexible Loan Renewal alternatives are accessible if you need to renew your loan.
Documentation for Gold Loan Thirumangalam
Firstly, you must submit two passport size photographs with the form.
Furthermore, you must secure proof of Identity. It can be a PAN Card / Voter ID Card / Aadhar Card/ Passport.
Last, you must attach a resident proof with your form. It can be a Utility bills/ Driving License/ Voter ID Card/ Passport/ Ration Card/ Aadhar card/ Rental Agreement/ PAN Card.
Interest Rates for Gold Loan Thirumangalam
Gold loans are assured loans, which makes it more resolute and fitting for you and the bank to cooperate with an absolute assertion.
The initial interest rate is 10.75% per annum, which is below 1% per month.
Also, the pre-disbursement fee is 0-2% of the loan amount.
Additionally, the processing fee is 0-2% of the total loan value.
How to apply online for a Gold Loan?
Above all, fill in your essential particulars in the web-form on LendingWale.
Now, all you have to do is rest; our relationship executives will give a response in 30 minutes.
Next, if you fulfil the acceptability standards, we will recommend the loan which pleases your requirements.
Moreover, submit the requested documents with our spokesperson, which will revert to you.
To put it concisely, take the loan amount in merely 30 minutes.
Why is LendingWale the right decision for you?
Initially, our website offers you the most suitable loans agreeing with your necessities.
Next, we offer you a one-on-one opportunity through our relation administrators.
Furthermore, we will recommend you the possibilities and loans which are in your reach.
Lastly, you can avail the affordable interest rates and most funding with your aspired bank.
About Thirumangalam
Thirumangalam is a Tamil speaking Village in Mayiladuthurai Block in Nagapattinam District of Tamil Nadu State, India. It is at a distance of 55 km from District headquarters Nagapattinam, 8 km from Mayiladuthurai (Rural) and 266 km from State capital Chennai.