Gold Loans in Delhi: Gold loans are loans that can be availed against your available gold. What gold loans provide you is instant cash just when you need it the most.
Gold Loans in Delhi
- Loan Amount - You can avail gold loans upto Rs. 15 Lakhs against your gold by mortgaging your gold at really low rate of interests. The gold loan amount granted to you depends in the quality of gold you are mortgaging for example: if you mortgage 24 carat -10 gm gold coil it will fetch you more money as compared to loan granted to you when you mortgage 22 carat -10 gm gold coin. You are likely to receive 80% of the gold value you are planning to mortgage while you are applying for gold loan.
- The beauty of availing loan on your idle gold loan that you can get gold loan instantly with minimum documentation and no lengthy procedure.
- Banks are always a safe place to mortgage your valuable gold.
- Women customers who wish to avail cash against gold can avail it with even low rate of interest along with tailor made schemes for all women applicants.
- Another reason why gold loans are cheaper than any other loans is they come along with added benefit of Nil Fore-Closure Charges which means you pay the entire loan amount whenever you want without bearing any additional cost towards the your loan.
- Your loan amount can be aid back quite easily through ECS, EMI as well as through PDC. Another feature to be noted about these loans are you can also choose to repay your gold loan by paying just the interest amount till the time you pay the entire principle amount at the end of the gold loan tenure. Payment towards your gold loan can also be made online through online banking facility.
- Age: You are eligible if you are at least 18 years of age at the time of applying for gold loan.
- Residency Status: You are also eligible if you a resident of India with a valid address proof.
- Security: Gold ornaments, gold articles, or gold coins that are to be mortgaged must be above 18 carat purity.
- Two passport sized photograph
- Identity proof
- Address Proof
Applying for a gold loan is the easiest method of availing loan at really low rate of interests provided you have gold with more than 18 carat purity and your documents are genuine. All you will be required to do is to sign up on the website letzbank and fill up a simple online application form and customer care team will revert back to you.