Gold Loan Dahivali
In a country like India, where gold has an emotional connect with the masses, it is relevant for them to use this gold to solve their money issues and breathe in a sigh of relief. Gold Loan is a secured loan that involves your gold ornaments to be mortgaged with the bank until you repay the loan amount to the bank within the loan tenure.
Gold loan Dahivali Interest Rate
Gold loan is available at very easy rates of interest because it comes under the category of secured loans. So the interest rates are less than in comparison to a personal loan or home loans. The annual interest rate lies between 10.75% to 25.00%. Though the interest rates keep on changing mainly depends upon different banks and time to time and person to person.
Eligibility Criteria Gold Loan Dahivali
Firstly, the applicant should lie between 18 to 70 years of age group.
The applicant who has more than 10 gm gold to invest can apply for gold loan.
The borrower must be a resident of India.
The bill of gold, which is to be pledged, should be in the name of the applicant or any family member.
Documents required for Gold Loan Dahivali
Certain documents are needed to get a gold loan. These are as follows:
RESIDENCE PROOF: Aadhar Card, Ration Card, Bank Statement (ACTIVE), Electricity Bill of last three months on the name of the borrower, Telephone Bill of last three months on the name of the applicant, Passport Copy of a borrower.
IDENTITY PROOF: Aadhar Card, Voters Card, Driving License, Passport, Pan Card of a borrower.
Two copies of Photographs of the borrower.
Benefits of Gold Loan Dahivali
Firstly, it comes under a secured loan.
Banks do not check CIBIL scores for loan approval.
It has a low-interest rate in comparison to a personal loan or any other loan.
100% safety and security for your gold jewellery
Enjoy anytime liquidity
Safety of ornaments is available.
Interest rate of Gold Loan Dahivali
|Bank||Gold Loan Rate|
|SBI Gold Loan||11.50%|
|IIFL Gold Loan||11.75%|
|Allahabad Bank Gold Loan||11.75%|
|Muthoot Gold Loan||12.00%|
|Federal Bank Gold Loan||12.00%|
|Manappuram Gold Loan||12.25%|
|PNB Gold Loan||12.25%|
Gold Loan procedure
Nowadays, you can also apply for a gold loan through online with the help of the bank’s or NBFC’s mobile application or through an official website.
First, register yourself at the website of the lender’s portal i.e., www.bookmyloans.in. Fill the details such as the quantity of gold you have with yourself, how much loan you want to approve.
After that, you should mention your contact information.
But after applying for a gold loan online, you have to visit your lender.
Is Gold Loan secured
Yes, it is essential to note that the gold loan comes in the category of secured loans. Gold loans are secured against gold because your gold will be released on payment of the loan amount taken by the borrower with interest.
First of all, www.bookmyloans.in offers a secure method of application of the gold loan.
Access gold loan from anywhere, anytime.
Free insurance cover for your gold.
Easy documentation, convenient 24X7 online repayment, instant approval.
Hassle-free, paper-less transaction from your mobile device
Free safe custody for your precious gold.
Dahivali is a village situated in Mawal taluka of Pune district in the state Maharashtra, India. The total population of the village is 950, which is split between 497 males and 453 females.