What is Gold Loan Samaipur?
It is evident from the name that gold loan is offered against gold. Financial or non-banking financial institution offer loan, it is extremely convenient to apply for Gold Loan Samaipur, and the entire process can be done in quick time. Gold loan is secured as the gold is deposited in the bank in exchange for funds. The tenure of these loans are generally short, or we can say that gold loans are applied for a short period of time. The amount of gold is directly dependent on the value of the gold deposited in the bank. It does not consider the capacity of the person to repay the same.
Interest rate of Gold Loan in Samaipur
Any individual can get the gold loan at very low rate of interest because these are secured loans in comparison of personal loans. The interest rate for the same is 10.7% per annum, which is just 1% per month. The gold loans are extremely affordable for the ones who have enough amount of gold.
Eligibility to Apply Gold Loan Samaipur
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, and you dont need to show any salary proof or income proof.
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 Samaipur
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/ aadhar 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?
First of all, you need to visit 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 guide you with the procedure.
Once you have decided from where you want 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 45 minutes, 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 for the services.
Samaipur is an urban village in North Delhi located with NH 1.