Andhra Bank Gold Loan

Gold Loan at 1%* p.m.

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Andhra Bank is a public sector bank in India. Headquarter of the Andhra Bank is in Hyderabad. Bank was founded 94 years ago on 20th November 1923. It has 2803 branches in India. Andhra bank is in 25 states and three union territories. Bank provides so many financial products to its customers like personal loan, car loan, gold loan, banking, insurance and private banking. Gold loan is very popular among people.


What is Gold Loan

Gold loan is financial product provided by the banks to its customers. In this type of loan, you can have a loan against your gold jewelry. There is nothing to worry about even if you are not employed. The gold loan doesn’t require the customer to be salaried or self-employed. Anybody can have a gold loan if he/she has gold of given purity. Bank will take care of all the gold/jewelry and it will return back to you whenever you will pay back that particular amount of loan with interest to the bank.



Why Gold Loan

Gold Loan is useful in many essences but most important is that your gold will be at the safest place. The bank takes full guaranty of your gold. Even if you want to put your gold in bank lockers safely and securely then you have to pay to the bank for it but bank provides you locker only not security. So it’s better to get a Gold Loan, you will get money and security at the same time. Bank will be responsible for any kind of miss happening. Gold loan is available at very fewer interest rates in many banks. So many nonbanking financial companies also provide you a Gold Loan, and very less paperwork is required to complete these formalities.



Eligibility criteria

There are some conditions that the applicant should fulfill to get a gold loan. These are written below

• First of all the age of the applicant should be more than 18 years.

• Applicant should have gold in the form of coins/ jewelry. But the purity of the gold should be 18 karats to 22 karats. • The weight of gold coins should be 50 gms maximum.

• All the candidates who satisfy these eligibility criteria are eligible to get a gold loan.



Low-Interest Rates

• Interest rates offered by the bank to the customers are comparatively very low. It starts at 10.55%.

• It can be varied a little bit up and down. Tenure of the gold loan can be from 3 months to 12 months.




• You can use the gold loan to fulfill your personal needs.

• You can start a new business by using the given amount of loan.

• Farmers can use the gold loan for the agricultural purposes.

• You can also use this amount of loan to get over the financial crises.

• This loan can also be used for educational purposes.



Documents required for Andhra Bank Gold Loan

The process of documentation is very easy and simple. Identity proof (Passport/Id card/voter card/driving license) can be any one of them. 

• 3 passport size photos

• A passport is can be an ID proof because a passport has a name, age, address and photograph of the customer. If you are having a passport then there is no need to bring your address proof separately. 

• Residence proof can be Aadhar card, voter card, and passport (Passport/Id card/voter card/driving license). Electricity and water bill for the last three months because these are the proofs that you are residing in that particular place.

• Driving license is also regarded as a proof of identity and residence proof because it contains the name, date of birth and a photograph of the customer. 

• Aadhar card provided by UIDAI that contains biometric details of the customers like age date of birth and photograph of the individual.

• PAN card is the permanent account number that is provided to the customers and it prevents from the financial frauds. So it is also considered as an identity/residence proof. Pan card is very essential document under KYC (know your customer) formality.

• Ration card also can be a residence proof because it provides enough information about the applicant.

• A signature proof is also required to get a Gold Loan.


Apply on For Quick Approval of Gold Loan

Why we are suggesting applying for the Andhra Bank Gold Loan by using over other sites.

We are suggesting this for the reason that knows the value of your precious time. You will get so many perks if you apply by using this site. Which are :

• If you apply for the Gold Loan from you will get so many benefits.

• First of all, when you fill the Andhra Bank Gold Loan form you will get a call from our side automatically.

• Besides that, you may get some more concessions on the interest rates.

• Therefore there is no need to go to the bank.

• Even more, documents pick up facility from your doorstep is available.

•  Furthermore, interest rates and the information about EMI ’s is available here. All you need is to apply on and you will get back a call back within a few minutes with all the information. Hence Gold Loan is only one step away from you.



How to apply on

Steps to apply

• First of all Search for on google.

• A form will open up.

• Fill the form with the required information.

• Finally, you will get all the information here.

• Furthermore, you can call on 60011600 for more help.

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