Gold Loan Dalam
Gold is a precious metal. It is used for marriage or on a special occasion, but it can also be used for investment purpose. It does not have depreciating value, and its value in coming years will increase definitely.
Gold Loan Dalam eligibility criteria
The age of the applicant should lie between 18 to 70 years.
Foremost, one can apply for a gold loan who have more than 10 gm gold to invest.
The applicant must be a resident of India.
The bill of gold should be in the name of the applicant or any family member.
Documents required for Gold Loan Dalam
Certain documents are needed to get a gold loan. These are as follows:
IDENTITY PROOF: Aadhar Card, Voters Card, Driving License, Passport, Pan Card.
RESIDENCE PROOF: Aadhar Card, Ration Card, Bank Statement (ACTIVE), Electricity Bill of last three months on the name of the applicant/ Telephone Bill of previous three months on the name of the applicant, Passport Copy.
In Adition to that two passports sized colored photographs of the borrower.
Benefits of Gold Loan Dalam
Firstly, it comes under a secured loan.
100% safety and security for your gold jewellery.
Enjoy anytime liquidity.
CIBIL scores are not checked by banks for loan approval.
Safety of ornaments is available.
Interest rate of Gold Loan Dalam
|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
Now, 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.
After applying for a gold loan online you have to visit your lender’s place to avail the facility of the gold loan.
Is Gold Loan secured
Yes, it is essential to note that the gold loan comes in the category of secured loans. Because in a gold loan, the customers put their gold ornaments into the bank’s locker as security or as collateral. If the customer is unable to return the gold loan on time then the bank is liable to sell his gold ornaments.
First of all, www.bookmyloans.in offers a very easy process of application of the gold loan.
After that, the customer gets a good comparison of the interest rates of other banks as well.
Furthermore, the company provides the document pickup facility from your doorstep.
Dalam is a Village in Harsha Chhina Tehsil in Amritsar District of Punjab State, India. It is located 18 KM Amritsar. Local Language of Dalam is Punjabi.