Gold Loan Azamgarh
Gold Loan is the best option available for the loan seekers at very best interest rates. Several financing authorities are available in the market dealing with these Loans. The borrower should go for the best deal with the best offer available. Gold Loan is the only loan in the market which could be available within 5 to 10 minutes with ease. In India, several lending institutions, private banks, and credit unions are available that provide Loan against Gold at a low-interest rate.
- The gold loan’s rate of interest starts at 10.5%.
- The bank and NBFCs give the time of the 4 years to the people.
Why should one choose Gold Loan Azamgarh?
- Gold Loan Azamgarh has the convenience of pre-closure.
- Very few documents are needed for Gold Loan Azamgarh.
- The lowest amount of these loans is Rs. 18,000/-.
- There are no charges for the faults in these loans.
Eligibility for Gold Loan Azamgarh
ELIGIBILITY |
|
Loan Amount |
Minimum 18k |
Maximum depends upon the weight of the gold |
|
Age |
Minimum: 21 years |
Maximum (at loan maturity): 60 years |
|
Citizenship |
Indian |
Gold requirements |
Minimum 10 gram of gold |
Employment status |
salaried |
self-employed |
Documents for Gold Loan Azamgarh
Documentation |
|
Borrower Identity |
Two passport size colored photographs |
Proof of Identity |
Passport Copy/ Voters ID card/ Driving License/Adhar card/ PAN card. |
Residence Proof |
Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate. |
Signature Proof |
Passport Copy/Driving License/Banker’s verification/cheque |
Other Required Documents for Gold Loan Azamgarh
Additional Documentation |
|
Land Proof |
In the case of Agriculture Loan of more than Rs. 1 lac. The proof is not necessary for allied agriculture purposes. |
Income proof |
Salary Certificate and Form No.16. |
Features and Benefits of Gold Loan Azamgarh
Following are the Features of Gold Loan:
- The largest fund which the banks and NBFCs can avail is of the value of Rs 1 Crore.
- The gold of the applicants will remain safe and sound with the banks and NBFCs than at our homes. The loans can be availed at any time whenever you want.
- The rate of interest on these loans is very less and competitive.
- The documents which are required in these loans are minimum.
- The quick processing of these loans is another advantage. It takes only a few hours.
- The relief of the overdraft can be taken from the lenders and the rate of interest will be paid only on the amount used.
About Azamgarh
The City of Azamgarh district is one of the 3 districts of Azamgarh Division in the Indian state of Uttar Pradesh. The district is named after its headquarters city, Azamgarh. Azam, son of Vikramajit, founded the town in 1665. Vikramajit a descendant of Gautam Rajputs of Mehnagar in Nizamabad had embraced the faith of Islam. It has an area of 4,054 square kilometers (1,565 sq mi) and it lies between the Ganges and the Ghagahara.
Special Note: Always check Gold Loan Rate Per Gram before applying for loan against gold.