Gold Loan Vellakoil

Gold Loan Vellakoil

At the point when we are in pressing need of cash, and we overlook that we have assets that can satisfy our budgetary needs in the hour of crisis and we overlook that the help is in our storage holding on to get utilized for different purposes. Gold isn’t just a metal that can make jewels. On the off chance that you have Gold inside your locker and you need cash, you can go for a gold credit and make the reimbursement inside a given period.

What is Gold Loan?

Gold Loan is that type of the loan in which applicants has to pledge his belonging to the bank in the form of the gold ornaments. You have to deposit your Gold as a security and hassle-free disbursal. It gets approved within 30 minutes.

What is Gold Loan Vellakoil Interest Rate?

• 9.90% is the minimum annual interest rate you can expect on Gold Loan Vellakoil.
• Also, you can foreclose your mortgage by paying the pre-closure charges.
• By using this feature, you can get your collateral Gold back before the tenure ends. The pre-closure costs range from 0-3% of the total loan amount.
• The loan tenure period starts from six months and can last up to five years.

Why should one apply for a Gold Loan Vellakoil?

1. High Availability.
2. Low Rate of Interest.
3. Negligible foreclosure charges.
4. No qualification of Credit Score
5. Only payment of interest.

Know More: Gold Loan Features

Eligibility Criteria for Gold Loan Vellakoil

1. The loan amount for taking a gold loan is Rs. 15,000 minimum. The loan amount will depend upon the weight of the Gold, profile of the customer, etc.
2. Minimum age of applicant: 21 years
3. Maximum age of applicant: 65 years
4. Gold jewels should be owned by the applicant or any of their family members.

Documents Required for Gold Loan Vellakoil

1. Proof of Identity: /Voters ID cardPassport Copy/ Driving License.
2. Address Proof: Ration card/ Electricity Bill/ Passport copy
3. Signature Proof: Passport Copy/Driving License/cheque.
4. Photographs: 2 passport size photographs.

Who can all apply for Gold Loan Vellakoil?

1. First, the Gold should be in the name of the customer or family member.
2. Secondly, the applicant should be a citizen of India.
3. Lastly, age should be more than 18 years and less than 65 years.

Know More – Gold Loan Per Gram

Benefits of Gold Loan Vellakoil

1. No income and salary criteria– Gold Loan Vellakoil do not require any documentation or validation for income or salary of the person.
2. Relatively Lower interest rates– Another advantage of taking Gold Loan Vellakoil is that they are available at low-interest rates, say 9.90%-16% annually in comparison to the personal loans interest rates of 15-26% per annum.
3. You need to repay only the interest.
4. Total Convenience
5. Less processing time.

Know More –  Gold Loan Benefits

How to apply Gold Loan Vellakoil?

1. Visit us at DialaBank Website.
2. Go to the loan section in the title bar and click on the gold loan link.
3. Fill out the form with the required details and submit the form.
4. We will contact you in a short period.
5. For further information, please contact +91 9878981166.

About Vellakoil

Vellakoil is a town of taluk Kangeyam and district Tirupur of Tamil Nadu state, India.