What is Gold Loan Wahabwala?
Gold Loan is the simplest way to taking a loan from the bank. All you have to do is, submit your gold ornaments to the bank and get instant loan amount disbursed.
Gold Loan Wahabwala Eligibility
For Gold loan, there are some eligibility criteria that the applicant has to qualify to get a gold loan.
First of all, the applicant to be a citizen of India.
After that, the minimum age of the applicant should be 18 years.
Furthermore, to apply for a gold loan, you should have a minimum of 10 grams of gold.
Documents Required for Gold Loan Wahabwala
However, the documentation process in a gold loan is straightforward, but, still; some documents are required by the applicant to get a gold loan.
Identity Proof: first of all, one proof of identity is required by the applicant to get a gold loan. Anyone of the given tests is accepted (Aadhar Card/Driving License/ Passport/Voters Card/)
Residence Proof: After that, one proof of residence is also required to get a gold loan. It can be (Aadhar Card/Card/Ration Card/ Electricity Bill of the last three months with the name of the applicant/ Telephone.
Bill of previous three months with the name of applicant / Passport Copy)
In Addition to that, two passports sized coloured photographs are also required to get a gold loan.
Proof of ownership of Land is required if you are applying for an agriculture gold loan.
Gold Loan Wahabwala Interest Rates
In general gold, the loan is available at straightforward rates of interest. So the interest rates are less than that of a personal loan or any other kind of loans. Though the interest rates keep on changing time to time and person to person but still, the gold loan is available at 1% per month interest rate.
Features of Gold Loan Wahabwala
It is noteworthy that the Gold Loan comes with so many features. So let us discuss them one by one.
First of all, the gold loan is straightforward to apply.
After that, gold Loan gets disbursed within 15 minutes.
Furthermore, the interest rates on the gold loan are quite affordable and satisfactory.
Besides that, in a gold loan, the documentation process is straightforward.
Finally, the gold loan required no credit check.
Gold loan Wahabwala Procedure
The applicant needs to visit www.lendingwale.com
After that, the applicant fills the application with the required information.
But the applicant should fill the contact number.
After that, the applicant gets a call from our side if he/she is eligible.
Is gold loan Secured?
Yes, Gold Loan comes in the category of secured loans. It is important to read all the terms and conditions before considering a gold loan.
First of all, www.lendingwale.com offers a straightforward process of application of the gold loan.
After that, the customer gets a good comparison of the interest rates of other banks as well.
Furthermore, the company should also provide a document pickup facility from applicant doorstep.
Wahabwala is a place in Punjab, India.