Bank of India Gold Loan

Gold Loan at 1%* p.m.

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Bank of India Gold Loan

Bank of India was founded in 1906. It is a commercial bank of India. It is one of the reputed banks which provides a gold loan to the customers. it is a government undertaking bank, so you can trust the bank without any fear of fraud. You can apply for Bank of India Gold Loan online on lendingwale.com.  When you will return your loan you will get back your gold ornaments.

 

Purpose

Purpose of Bank of India gold loan is to help the farmers in their agricultural activities. (farm/off-farm needs)

 

There Are Some Features of Bank Of India Gold Loan

  • Bank of India Bank provides the facility of gold loan disbursal within 45 minutes. Loan disbursal is so quick and easy. The customer doesn’t have to wait for
  • Amount of loan to be provided by the bank is 40%of its value.
  • The documentation process is very easy. Very fewer documents are required for the approval of the gold loan.
  • Tight security provided by the bank.
  • Transparency is provided to the customers for reliability.

 

Interest Rates

Interest rates for the gold loan in the Bank of India change from time to time.

Maximum tenure of the gold loan is 18 months maximum. The maximum amount of the loan that can be provided is 15 lakh.

 

 

Documentations

  • The whole process is very easy and simple. Documents required in the very simple form. You instantly get a gold loan after issuing the documents. Identity proof (Passport/Id card/voter card/driving license) can be any one of them. Everyone easily has these documents so there is no problem with the submission.
  • 2 passport size photos, a passport is needed 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 can be an identity/residence proof. Pan card is very essential document under KYC (know your customer)
  • Ration card can be a proof because it provides enough information about the applicant.

 

Why lendingwale.com

Why we are suggesting applying for the Bank Of India  Gold Loan by using lendingwale.com over other sites. Lendingwale.com knows the value of your precious time. You will get so many perks if you apply by using this site. Here are some of them are given

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

•  You just have to fill the Bank of India Gold Loan form and 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.

•  You don’t need to go here and there to ask for interest rate or to get to know about EMI ’s. All you need is to apply on lendingwale.com and you will get back a call back within a few minutes with all the information. So Gold Loan is only one step away from you.



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