Gold Loan Dindori

Gold Loan @ 7.10%

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Gold Loan Dindori

Why go for  Business or Personal loan when you have the power of yellow metal with you! Get a loan against your gold, in few minutes. You can draw instant Cash by pledging your Gold Ornaments and Jewellery. Higher loan amounts can issued, depending on purity, net weight of the gold.

Gold Loan Dindori Eligibility Criteria

There are some eligibility criteria that the applicant has to qualify to get a gold loan. These are

First of all the minimum age of the applicant should be 18 years

After that, the applicant should have Indian citizenship

Furthermore, to apply for a gold loan you should have a minimum of 10 grams of gold.

Documents Required for Gold Loan  Dindori

However, the process of documentation in a gold loan is very easy and simple but, still, there are certain documents that are required to get a gold loan.

Residence Proof: After that, one proof of residence is also required to get a gold loan. It can be (AadharCard/PAN Card/Ration Card/ Electricity Bill of last three months with the name of the applicant/ Telephone Bill of last three months with the name of applicant / Passport Copy)

Identity Proof: first of all one proof of identity is required. Anyone of the given proofs is accepted (AadharCard/Voters Card/Driving License/ Passport)

In Addition to that 2 passports sized colored photographs are also required to get a gold loan.

Proof of ownership of Land is required if you are applying for an agriculture gold loan.

Interest Rates Gold Loan  Dindori

In general the gold loan is available at very easy rates of interest. The reason behind that the gold loan comes in the category of secured loans. So the interest rates are less than that of personal loan or any other kind of loans. Though the interest rates keep on changing time to time and person to person but still, the gold loan is available at 1% per month interest rate.

Features of Gold Loan  Dindori

It is noteworthy that the Gold Loan comes with so many features. So let us discuss them one by one.

First of all the gold loan is very easy to apply.

After that, gold Loan gets disbursed within 15 minutes.

Furthermore, the interest rates on the gold loan are quite affordable and satisfactory.

Besides that, in a gold loan, the documentation process is very easy and simple.

Finally, the gold loan required no credit checks.

Gold Loan Dindori Procedure:

First of all the applicant needs to visit www.magicloans.in  .

After that, the applicant fills the application with the required information.

But the applicant should fill the contact number.

At last, the applicant gets a call from our side if he/she is eligible.

Forms of Gold

Not every form of gold is considered by the bank to provide the Gold Loan. There are some restrictions.

First of all the purity of the gold should lie in between 18 Karats to 22 Karats.

After that, gold in the form of jewelry is accepted.

Besides that raw is gold is not accepted.

Furthermore, gold coins that weigh less than 50 Grams are easily accepted.

Gold Loan Dindori is Secured?

Yes, it is important to note that the gold loan comes in the category of secured loans. Because in a gold loan the customers put their gold ornaments into the bank’s locker as security or as collateral. If the customer is unable to return the gold loan on time then the bank is liable to sell his gold ornaments.

Why Magicloans.in?

First of all, https://magicloan.in/offers a very easy process of application of the gold loan.

After that, the customer gets a good comparison of the interest rates of other banks as well.

Finally, the company provides the document pickup facility from your doorstep.

About Dindori

It is a district of Madhya Pradesh state of central India. The town of Dindori is the district headquarters. The district is part of Jabalpur Division. The district (area: 6,128 km2) is located on the eastern part of Madhya Pradesh, bordering the state of Chhattisgarh. It is surrounded by Shahdol in the east, Mandla in the west, Umaria in the north, and Mungeli district of the state of Chhattisgarh in the south.