Gold Loan Nilanga
Are you in a financial crisis and need urgent funds? Are you thinking of selling your gold? Please don’t do it; you can take Gold Loan which can help you in these kinds of situations.
Gold Loan is safe, and the interest rates are nominal with minimum documentation.
What is Gold Loan?
In this modern world, with increasing expenses and a new lifestyle, it is essential to cope up with the trend. So Gold Loan is a feature provided by Banks & NBFCs to get the best loan option to manage all expenses easily, especially for the people in metro cities.
A gold loan is a loan that can be used in multiple ways that can be utilized for fulfilling many purposes. These purposes could be debt repayment, taxes, paying medical bills, and more. Gold finance is instant finance, which a person can avail within 2-3 working days with minimal documentation required.
Why should one apply for Gold Loan Nilanga?
Great Availability: First and foremost, Gold Loan Nilanga is a secured service. Therefore the processing of this Loan is quick as the bank is mostly concerned with the quality and weight of the gold.
Low Rate of Interest: In contrast to services like personal loans, the gold loan has the least interest rate as banks keep security against the Loan.
Negligible foreclosure charges: Generally, banks do not have any prepayment charges, but some banks can charge a penalty of just 1%.
Safety of Ornaments: The ornaments are more secure with the banks due to the strict security In the banking institutions, which is quite less at homes.
No qualification of Credit Score: As this is a secured loan, therefore, the applicant does not have to worry about bad loan repayment history.
Income-proof not required: The salary of an applicant is not an issue for availing a gold loan as it depends majorly on the weight and quality of gold available with the applicant.
No loan processing charges: Another advantage is that the applicant does not have to pay extra for this service as the approval solely depends upon the asset kept as security.
Flexible tenure: In addition to other advantages, the applicant can choose the tenure of the Loan according to their requirements and needs.
Only payment of interest: Lastly, the applicant has the option to pay the principal amount at the end of the tenure and only the interest every month.
Gold Loan Nilanga Eligibility Criteria
Gold Loan Nilanga application process is an easy process. The documentation involved is quite simple and convenient for the customers. However, the borrower must fulfill the following eligibility criteria to get his loan application approved
1. Firstly, the age of the applicant must be above 18 years and below 70 years.
2. Secondly, he should be authorized to citizenship in India.
3. There are no criteria meant for salaried and self-employed customers; thus no salary proofs, business documents or tax details are demanded by the bank, the only thing that matters for acquiring a Gold Loan is the quantity and quality of the gold possessed by the customer.
4. The purity of gold should range from 18k to 22k, and the weight of the gold should not be less than 10 grams.
Gold Loan Nilanga Documents
1. Proof of Identity: Passport Copy/ Voters ID card/ Driving License.
2. Address Proof: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.
3. Signature Proof: Passport Copy/Driving License/Banker’s verification/cheque.
4. 2 passport size photographs.
How to Apply for Gold Loan Nilanga?
Anybody can apply for Gold Loan online only in 2 minutes. The process of application is straightforward and quick.
First of all, you should check your eligibility.
1. Visit www.dialabank.com.
2. After that, apply for a Gold Loan online.
3. Enter your contact number so that we can contact you back.
4. Dialabank is the best platform to apply for a gold loan as you will get a loan at affordable rates of interest.
Gold Loan Nilanga Interest Rates: Updated 2020
|
Bank |
Interest Rates |
|---|---|
|
10.75% |
|
|
10.85% |
|
|
10.90% |
|
|
11.50% |
|
|
11.75% |
|
|
11.75% |
|
|
11.75% |
|
|
12.00% |
|
|
12.00% |
|
|
12.25% |
|
|
12.25% |
|
|
12.25% |
For EMI Calculator click here:-
About Nilanga
Nilanga is a City in Latur district in Maharashtra, India. The Banks and NBFCs are also willing to process the gold loans in Nilanga as more as possible. Visit www.dialabank.com or call 9592046860 and get assistance as soon as possible.
Gold Loan In Other Cities
| Gold Loan Miraj | Gold Loan Manjari |
| Gold Loan Mhaswad | Gold Loan Manmad |
| Gold Loan Mehkar | Gold Loan Manwath |
| Gold Loan Matunga East | Gold Loan Manpada |
