Gold Loan Vellore

Best Banks for Gold Loan in Vellore

Gold Loan Vellore Features

Gold Loans are now pretty easy and convenient to avail as most of the major banks and NBFCs provide the service at a low Gold loan interest rate and minimum documentation. Gold Loans are secured loans that can be availed against your Gold ornaments/Jewelry as a collateral or security deposit. Banks sanction Gold Loan easily considering the fact that you repay the amount in the form of interest in regular intervals. The amount of loan varies upon the purity of the Karats of gold.

Gold Loan Rate Per Gram Today in Vellore

Gold Loan in Vellore Interest Rates and Charges

Gold Loan in Vellore Documents Required

1. Filled in the application form with signature.
2. 2 recent colored passport size photographs.
3. Signature Proof: Passport Copy/Driving License/Banker’s verification/cheque.
4. Proof of Address(any one): Ration card/ Telephone bill/ Electricity Bill/ Rental bill/ Passport copy/Sales Tax certificate.
5. Land Proof: Only for farming loan above Rs 1 Lakh. (not required for allied agricultural purpose)
6. Identity proof such as Driving License/Passport/Aadhar Card/Voter’s ID, etc.
7. Certificate by the Jewel Appraiser (Bank will take the responsibility to arrange it)
8. A Demand Promissory Note.
9. Proof of Income (i.e. salary slips/ Form 16) of the borrower.

Gold Loan in Vellore Eligibility Criteria

1. The minimum age of the applicant must be 21 years and a maximum of up to 60 years.
2. An individual should be salaried or self-employed.
3. The applicant should be an Indian National.

How to Apply for Gold Loan Vellore

Online Process to Apply for Gold Loan Vellore

• You can avail of Gold Loan per gram Vellore with a single click while sitting at home. Our customer relationship manager will be providing you the facility of helping you choose the right type of loan for you.
• 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.
• The bank executives will arrive at your doorsteps to collect the required documents from you.
• 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.

Dialabank is taken as the best platform to apply for a gold loan online. There are many reasons for this.

1. Dialabank is India’s first financial helpline; it provides the best financial services to consumers all over the country.
2. The bank has a good reputation among the customers because of the best services.
3.  Document pickup from the doorstep facility is also accessible.
4. There are no additional charges for availing the service through Dialabank.
5. The Relationship managers of Dialabank are trained and guide the customer without any hesitance.
6. Gold Loans can be availed at a reasonable rate of interest with minimum documentation requirements.

Offline Process to Apply for Gold Loan Vellore

Gold Loan can also be availed through an offline process that requires physically visiting the nearby banks as well as some market research.

The applicants need to search for the nearby banks offering Gold Loans and visit them at their working hours. Thereafter, their relationship manager will correspond and help you according to your requirements.

Processing Fees / Prepayment Charges on Gold Loan Vellore

CIBIL Score Required for Gold Loan Vellore

Most of the major banks and NBFCs provide Gold Loan irrespective of the CIBIL score. The applier should have all the necessary documents and should be eligible to apply for the loan according to the criteria.