Gold Loan is a product which can be useful when you require money for urgent needs. Whenever we face any short term difficulty in arranging the required amount of money, we can lend our gold to the financial institution and get the amount which we need. We can get the loan, almost 70-80% of the value of the gold as per the weight & purity of our gold. Getting Gold loan Ghuman is one of the most accessible forms of a loan; you can get the loan amount even less than an hour.
Interest rates
As the gold loans are secured loans, the interest rate is comparatively lower than unsecured loans like a personal loan. Although the interest rates keep on changing from person to person. Still, the gold loan is available at 10.7% per annum, and you will only pay 1% per month interest rate. If you arrange the amount before the date of maturity of the loan, it can be repaid even at that time, but you will be charged only 0-2% of the total amount of loan for pre-closure of the loan.
Eligibility to apply Gold loan Ghuman
If you want to qualify for the gold loan, you need to be qualified in the following categories-
First of all, your minimum age should be 18 years old.
After that, you should be an Indian citizen.
Furthermore, if you are applying for a gold loan, you should at least have 10 grams of gold. As a result, the minimum amount of loan is Rs.18000 to Rs.20000.
Also, if you are a senior citizen, you should be at the age of 70 years at the maturity of the loan.
The purity of gold should lie between 18 karats to 20 karats.
Advantages of Gold Loan
Even if you dont have any fixed income, you will get a loan. You dont need to show any salary proof or income proof.
No credit history is required.
Very few documents are required to get the loan done. Thus, getting a gold loan is easy and hassle-free.
The interest rate will be very low, as compared to a personal loan.
You can even get an agricultural gold loan at a very nominal rate of interest.
Gold loan is the most simple and convenient form of loan
Processing time of the gold loan is less, and you will get your loan amount in few hours.
Documents required for Gold loan Ghuman
To get the loan against gold is very simple and convenient; still, there are few documents required for the loan-
After that, proof of residence is required if you are applying for gold loan. These proofs can include, ADHAAR CARD/ PAN CARD/ electricity bill of last three months with the name of the applicant/ passport copy.
Proof of identity is mandatory. These can be the voters card/ driving license/ Aadhaar card/ passport.
Besides, two colored passport size photo is also required to get the loan.
Also, Proof of ownership of land is also necessary if you are applying for agricultural gold loan.
And, If you stay in a rented house, your rental agreement will be required.
How to apply for Gold loan Ghuman?
First of all, you need to visit on our website www.loannow.in
After that, you need to fill a form of your basic details along with your contact number.
When you have submitted the form successfully, all you need to do is sit back and relax.
Our relationship manager will soon be in touch with you and provide your expertise.
Once you decided from where you have to take the loan, all you need to do is take the gold to the bank and get the required amount as per the weight of your gold.
In less than 24 hours, your gold loan will be sanctioned.
By availing gold loan from www.loannow.in, you will be getting the best interest rate in the market along with higher loan to value ratio.
Our services are totally free; you dont need to pay anything extra.
About Ghuman
Ghuman is a village in Gurdaspur district of Punjab, India. A shrine there is dedicated to Namdev, a Bhakti saint, and is believed by the villagers to represent the place where he was cremated after his travels from Maharashtra. The tradition, which also says that he spent the last 20 years of his life in that village, is not universally accepted. The town was termed as a bigger village due to business expansion and presence of Radhasoamis there.