Gold Loan is accessible financial assistance, which is in a huge demand today. It can opt or generated whenever a person is experiencing financial problems in his life. To get rid of the financial crisis or deficit one can think for a Gold Loan if you have enough gold with you. You can invest those gold as a collateral when you apply for a Gold Loan.
Gold loan Kurseong Interest Rate
Gold loan is available at easy interest rates and it comes under the category of secured loans. The interest rate of gold loan on an average is 10.75% per annum and up to 25% per annum. Different banks, financial institutions, or NBFC provide different interest rates to different customers.
Gold Loan Kurseong Eligibility Criteria
Firstly, the applicant should lie between 18 to 70 years of age group.
Foremost, 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 Kurseong
Certain documents are needed to get a gold loan. These are as follows:
Identity Proof: Aadhar Card, Voters Card, Driving License, Passport, Pan Card of a borrower.
Address Proof: Aadhar Card, Ration Card, Bank Statement (ACTIVE), Electricity Bill of last three months on the name of the applicant( if tenant), Telephone Bill of previous three months on the name of the applicant (if tenant), Passport Copy of a borrower.
Two copies of Photographs of the borrower.
Benefits of Gold Loan Kurseong
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.
Income proof is not required to get loan approval.
Safety of ornaments is available.
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 the official website.
First, register yourself at the website of lender 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 approved.
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 an easy method of application of the gold loan.
Access gold loan from anywhere, anytime.
Easy documentation, instant approval, convenient 24X7 online repayment.
Furthermore, the company provides a facility of documentation pickup from your doorstep.
Kurseong is a city in Darjeeling district in the state of West Bengal, India. Its total population was 42,446, as per 2011 census report. Here, the official language is Bengali and Nepali.