Gold Loan Bishnupur

Dialabank introduces gold loans. Now you can get instant cash with the help of these loans and cover for your emergencies or fulfil your dreams. With gold loans, you just need to mortgage your gold for the corresponding cash and you will get cash in under 30 minutes. Gold Loans are the new financial tool for covering budget constraints.

What is a Gold Loan?

Gold Loan, is the Loan which is issued to the applicant against the mortgage of gold. Any person can have access to gold loans after depositing the gold he/ she wants to deposit as a mortgage and following specific procedural steps. Gold loans has become easier and quicker.

Gold Loan Bishnupur Interest Rate

Eligibility Criteria and Documentation required for Gold Loan Bishnupur

1. Identification proof such as Passport, Voter card, or driving license.
2. Address proof which includes electricity bill, ration card, etc.
3. Passport, DL or any other proof with signature needs to be submitted for signature proof.
4. Two passport size photographs are also required.
5. The applicant should be atleast18 years old.
6. The gold ornament submitted should be at least 18 carats or above.
7. Gold Loan Bishnupur can be availed by an applicant who has at least 10 grams of gold.

Charges associated with Gold Loan Bishnupur                

Advantages of Gold Loan Bishnupur

1. The documentation required is very minimal, and so it doesn’t demand any certificate to show your salary or income. Credit card history is also not required.
2. Gold Loan Bishnupur requires only a few documents, such as ID proof and address proof. After providing such materials, the applicant can avail the Loan.
3. Interest rates are an attractive deal for gold loans. Usually, the interest rate varies between 12-16% per annum and is also quite as low compared to personal loans.
4. In agricultural areas, the gold loan is available at an interest rate of only 7-8%.
5. It is the most convenient and straightforward form of Loan because all you need to do is pledge your gold here with a bank and you can avail up to 75% of the market value of the gold as Loan.
6. The borrower here has the option to pay only the interest during the term of the Loan and can pay the principal amount once the term is over.
7. The gold is 100% secure, and the Loan can be procured under 30 minutes.

How to Apply for Gold Loan Bishnupur?

1. You can avail a gold loan with a single click while sitting at home. Our customer relationship manager will be providing you with the service of helping you choose the right type of loan for you.
2. Just fill a simple form so that our customer care department can look up for your finances can check your financial status and your eligibility for the loan that you have applied.
3. You will be led to the right banker for more details on your Loan. The bank executives will arrive at your doorsteps to collect required documents from you.
4. Only at the time of submission of gold you have to pay a visit to the Bank, the rest will be taken care of by the Bank’s executives.

How to Calculate Gold Loan Bishnupur Interest Rate?

1. Rate of Interest: It is the amount that is charged on the amount of Loan. Gold Loan Bishnupur Interest Rate depends on the factors stated below:
2. Internal/External Customer: The loan seekers who have an account in the Bank from where they want to avail the Loan, then such customers are known as internal customers. Internal customers are given a rebate on the rate of interest charged by the applicant. 
3. Amount of Loan: The loan amount is the primary factor that decides the rate of interest that will be charged from the applicant. Gold Loan Bishnupur Interest Rate is higher for loans with lesser amounts. Thus, the more the amount of credit, the lower is the Rate of Interest. 
4. LTV Ratios: Furthermore, lending institutions charge a higher rate of interest on the gold loan with a high LTV ratio. Thus, the more the LTV of the gold jewellery, the higher is the Rate of Interest charged by the applicant.

Gold Loan EMI Calculator

It is essential to know the amount one has to pay every month to the Bank. Therefore, you have an option to estimate the EMI before availing a loan. You can do so very quickly. Just click below and get to know the amount of the EMI you will have to manage monthly.

About Bishnupur

Bishnupur is a town in West Bengal and is famous for its temples, and balluchari sarees. Its population is 61,943 as per the census of 2001.

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