A gold loan is a loan in which money is provided to the applicant based on the quality of the gold. The main feature of a gold loan is that the applicant those have a poor credit score can also apply. Many financial institutions do not ask for the income proofs or the previous credit history of the applicant. The rate of interest for availing a gold loan in Wajre are also affordable as compared to other loans.
Interest rates of Gold Loan Wajre
Every financial organisation is offering different interest rates for gold loans, but usually, they start from 10.75%. There might be a little variation in different banks. And talking about the processing fee, it starts from 0 to 0.5% of its principal value.
Eligibility of Gold Loan Wajre
First of all, the Applicant should be a citizen of India
Next, the age of the applicant should be more than 18 years.
After that, the borrower should not be above 65 years.
She/he should have the gold of purity 18 to 24 carat.
Then, the minimum weight of gold should be 10 grams.
Furthermore, the minimum loan amount is Rs. 18,000.
Documentation for Gold Loan Wajre
Firstly, Residential proof: Required documents for the residence proof includes:(passport/ID card/ Voter card/ Aadhar card/ration/card/driving license) and if the applicant is living in a rental apartment then he/she has to submit his/her agreement, electricity bill on his name and address of the owner of an apartment.
Secondly, Proof of Identity: (passport/ID card/ Voter card/ Aadhar card/ration/card/driving license) any one of them.
After that, Two coloured passport size photographs are required
Also, Proof of signature: Passport Copy/Driving License/Banker’s verification/cheque
Features of Gold Loan Wajre
There are fewer nuisances for documentation.
Loan disbursal time is very less.
Security is very compact.
Transparency between the customer and the bank is remarkable.
The rate of interest in case of a gold loan is less than the other loans.
Less paperwork is required in case of a gold loan.
The processing fee for availing a gold loan is minimal.
Disbursal of the loan amount is quick.
How to apply for Gold Loan Wajre Online?
First of all, you have to visit our website, i.e. www.lendingwale.com
After that, you have to fill your necessary information.
Now once you are done with all the formalities, all you need to do is chill. Our relationship manager will contact you.
After that, our relationship manager will compare and select the best loaning scheme for you.
At last, once you have decided from where you want to get your loan, our relationship manager will help you in getting your loan disbursed.
Within 24 hours, your loan amount will get disbursed.
Benefits of Gold Loan Wajre
First of all, a gold loan is a secured loan that’s why interest rates are quite low.
Secondly, the loan is easily available.
Next, the loan gets approved in less than 30 minutes.
The processing fee is really low.
After that, gold is in safe hands and in case of any miss-happening the bank will be fully responsible.
The disbursal of the loan only takes 24 hours.
Lastly, if you are in urgent need of money, then you should apply immediately.
How to get Gold Loan Wajre
There is no need to go to banks or non-banking financial companies, and you need to fill the gold loan form online on www.lendingwale.com. And within a minute you will get a call back from our side and your loan will get disbursed within 30 minutes.
Warje is a place in Pune, in the Indian state of Maharashtra.
For more information, please visit our website, www.lendingwale.com.