Skip to content

Gold Loan Gulbarga

    I have read, understood and hereby accept the customized Term & Condition for Lendingwale in relation to collection of information.

    Loan against gold is the fastest growing secured financial service . Majority of people have gold jewellery which is just lying in the home or bank lockers. Gold Loan provides a way for the people to find the worth of their yellow metal by availing a loan against it.

    Interest Rates of Gold Loan Gulbarga

    Gold loans are kind of secured loans, which makes it easier for you and the banks to communicate with assurance and trust.

    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 Gulbarga

    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 Gulbarga

    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/ Utility bills.

    How to apply Gold Loan Gulbarga

    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 Gulbarga

    It is also known as Kalaburagiis, a city in the Indian state of Karnataka, India. It is the administrative headquarters of the Gulbarga district and a major town in the North Karnataka region.

    BANKS WITH US