Gold Loan Chomu

Gold Loan at 1%* p.m.

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Gold Loan is a process in which you mortgage your gold ornaments for raising funds. The financial institution provides you with liquidity at a  rate of interest lower than that of personal loan. Loans are sanctioned after checking of basic documents, and satisfactory evaluation of the gold pledged.

Interest Rates of Gold Loan Chomu

The interest rate is 10.75% per annum.

Furthermore, the foreclosure fee is 0-2% of the total loan amount.

Finally, the processing fee is 0-2% of the total loan amount.

Eligibility Criteria for Gold Loan Chomu

At first, you should be a permanent resident or a citizen of India.

After that, the acceptable age for applying is from 18 years to 60 years.

Next, you should have more than 10 grams of gold jewellery or ornaments.

At last, the purity of your gold should be from 18 carats to 22 carats.

Benefits of a Gold Loan

Primitively, a gold loan is classified as a secured loan. Therefore, it involves lenient acceptability criteria and minimum documentation. Generally, disbursal of the loan is in just a few minutes.

Furthermore, banks and NBFC’s usually do not question your income verification in gold loans. Hence, you can apply for a gold loan irrespective of whether you are earning or not.

 In addition to this, unlike personal loans, approval of a gold loan does not depend on your credit score. The loan amount solely depends upon the market value of your gold.

Documentation for Gold Loan Chomu

To start with, you should affix two passport size photographs with the application form.

Secondly, you should submit a proof of Identity. It can be a PAN Card /Passport/ Voter ID Card/ Aadhaar Card.

Also, you should attach a residence proof with the application form. It can be Voter ID Card/ Passport/ PAN Card/ Aadhaar card/ Driving License/ Ration Card/ Rental Agreement.

How to apply Gold Loan Chomu

First of all Visit www.lendingwale.com  and fill the form online and get a loan in a few minutes

After that, go to the loan section and select a Gold Loan link.

And then by clicking this link, you will be directed to all details of the Gold Loan where you can select your preferred city.

Furthermore for more information and free guidance all us 95920-46860

About Chomu

It is a city and a municipality in Jaipur district in the state of Rajasthan. Chomu is located at 27.17°N 75.72°E.




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