Gold Loan Shadnagar
Do you need financial help and cannot afford it from anywhere? Are you stuck between a lack of finance and fulfilment of your dreams? What are you waiting for? Gold Loan Shadnagar is the answer to all your problems. Taking Gold Loan is the easiest way out as it does not consider your CIBIL score, and interest rates are very nominal.
What is Gold Loan?
With our increasing needs and demands, we need more money to fulfill our requirements. Gold Loan Shadnagar is the loan provided by various banks and NBFCs where they take your gold as collateral against the principal loan amount and give you the money in return of it. You can pay back the amount and get back your gold at any time, with a specified rate of interest.
Gold Loan Shadnagar Interest Rate
The interest rate of Gold Loan Shadnagar is less as compared to other loans like personal loans, home loans, etc. Gold Loan Interest Rate is quite reasonable. The annual Interest Rate is 9.90%. It is less than even 1% per month. If you want to close your Loan account before the actual period, then there is an option of foreclosure where you need to pay 0-3% of the total amount along with your pending amount. In this way, you need not pay interest any more.
Bank | Interest Rate |
HDFC Bank Gold Loan | 9.9% to 14% |
Axis Bank Gold Loan | 10.50% to 16% |
Private Bank Gold Loan | 10.75% to 16% |
SBI Gold Loan | 9.5 % to 13% |
Kotak Gold Loan | 11% to 14% |
IIFL Gold Loan | 9.24% to 24% |
Muthoot Gold Loan | 12% to 24% |
Manappauram Gold Loan | 12% to 26% |
PNB Gold Loan | 10.05% to 16% |
Canara Bank Gold Loan | 9.75 % to 13% |
Andhra Bank Gold Loan | 10.70% to 16% |
Gold Loan Shadnagar Eligibility
The Gold Loan process is very easy. The documentation is quite simple. However, you need to fulfil some eligibility criteria.
- Firstly, the minimum age of the borrower must be 18 years.
- Secondly, Maximum age must not be more than 70.
- Also, the borrower must be an authorized citizen of India.
- Moreover, there are no criteria for salaried or self-employed customers. Anyone can apply for Gold Loan.
- Further, the purity of Gold must range between 18 karats to 22 karats.
- In addition to it, the minimum weight of Gold is 10 grams.
Benefits of Taking Gold Loan Shadnagar
- Firstly, Gold Loan Shadnagar is a secured service; hence, it is available at a swift pace. As a result, you can get your loan in less than 2 hours of applying.
- As compared to the other Loans, the Interest Rate of Gold Loan is very reasonable.
- Gold Loan Shadnagar foreclosure charges are very low.
- As it is secured Loan, so the customer does not have to worry about bad loan repayment history.
- It does not consider any income proof.
- In addition to that, there are no extra charges to apply for the Gold Loan.
- The best part is that the borrower can pay the principal amount at the end of the tenure.
Know More- Gold Loan: Factors to Remember
Documentation Required for Taking Gold Loan Shadnagar
- Identity proof- Aadhar Card/PAN Card/Passport/Voter ID
- Residence proof- Aadhar Card /Pan Card/ Ration Card/ Utility Bills on the name of applicant/ Rental Agreement of applicant/ Voter ID card.
- Signature proof- Passport/ Driving License/Voter Card
GOLD LOAN @ 0.75%*
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How to Apply for Gold Loan Shadnagar Online?
- Firstly, a person needs to go to our website, Dialabank website.
- After that, you need to fill an application form with your basic details.
- In addition to that, you need to provide your phone number which is working so that we can contact you.
- Once you dill the form, your work is done here.
- Now you can have a seat and relax, our Relationship Manager will contact you within 30 minutes and will give you the best possible loan available in the market.
- Further, our Relationship Manager will make sure that you will get the best interest rate in the market, along with a high loan-to-value ratio (70-75% of the real value).
- Finally, once you decide from which bank you want to take a loan, all you need to do is go and deposit your gold and take back the money.
- Within 24 hours, your loan will get dispersed.
About Shadnagar
Shadnagar is a Town plus assembly constituency in the Ranga Reddy district in Telangana. Being a part of the District re organisation of Telangana Government, Shadnagar separated from Mahabubnagar district and merged into Ranga Reddy district Headquarters. Shadnagar also has ISRO center (NRSC) which is a very famous center for data reception from various satellites. Famous personalities like Bill Gates had visited this place. It is very near to the Hyderabad international airport 30 km and 50 km to Hyderabad.
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