{"id":1497,"date":"2020-07-31T09:54:31","date_gmt":"2020-07-31T09:54:31","guid":{"rendered":"http:\/\/magicloans.in\/?p=1497"},"modified":"2020-07-31T09:54:31","modified_gmt":"2020-07-31T09:54:31","slug":"gold-loan-akividu","status":"publish","type":"post","link":"https:\/\/magicloans.in\/gold-loan-akividu\/","title":{"rendered":"Gold Loan Akividu"},"content":{"rendered":"\n

Gold Loan Akividu<\/strong><\/p>\n\n\n\n

Every\nsecured loan requires the customer to keep some security against the loan. In\nthis case, Gold as used as security against the loan. The lender bank of NBFC\nwill check the grams and purity of gold and give you a valuation based on that.\nGenerally, it’s around 80% but it is variable among the bank or NBFC.<\/p>\n\n\n\n

Gold Loan Akividu\nEligibility Criteria<\/strong><\/p>\n\n\n\n

There are some eligibility criteria that the applicant has\nto qualify to get a gold loan. These are<\/p>\n\n\n\n

First of all the applicant should have Indian citizenship.<\/p>\n\n\n\n

After that, the minimum\nage of the applicant should be 18 years.<\/p>\n\n\n\n

Furthermore, to apply\nfor a gold loan you should have a minimum of\n10 grams of gold.<\/p>\n\n\n\n

Documents Required\nfor Gold Loan Akividu<\/strong><\/p>\n\n\n\n

However, the process of documentation in a gold loan is very\neasy and simple but, still, there are\ncertain documents that are required to get a gold loan.<\/p>\n\n\n\n

Identity Proof: first of all one proof of identity is\nrequired. Anyone of the given proofs is\naccepted (Aadhar Card\/Voters Card\/Driving License\/ Passport)<\/p>\n\n\n\n

Residence Proof: After that, one proof of residence is also\nrequired to get a gold loan. It can be (Aadhar Card\/PAN Card\/Ration Card\/\nElectricity Bill of last three months with the name of the applicant\/ Telephone\nBill of last three months with the name of applicant \/ Passport Copy)<\/p>\n\n\n\n

In Adition to that 2 passports\nsized colored photographs are also required to get a gold loan.<\/p>\n\n\n\n

Proof of ownership of Land is required if you are applying\nfor an agriculture gold loan.<\/p>\n\n\n\n

Interest Rates Gold\nLoan Akividu<\/strong><\/p>\n\n\n\n

In general gold, the loan is available at very easy rates of\ninterest. The reason behind that the gold loan comes in the category of secured\nloans. So the interest rates are less than that of personal loan or any other\nkind of loans. Though the interest rates\nkeep on changing time to time and person to person but still, the gold loan is\navailable at 1% per month interest rate.<\/p>\n\n\n\n

Features of Gold\nLoan Gold Loan Akividu<\/strong><\/p>\n\n\n\n

It is noteworthy that\nthe Gold Loan comes with so many features. So\nlet us discuss them one by one.<\/p>\n\n\n\n

First of all the gold loan is\nvery easy to apply.<\/p>\n\n\n\n

After that, gold Loan gets\ndisbursed within 15 minutes.<\/p>\n\n\n\n

Furthermore, the interest\nrates on the gold loan are quite affordable and satisfactory.<\/p>\n\n\n\n

Besides that, in a gold loan,\nthe documentation process is very easy and simple.<\/p>\n\n\n\n

Finally, the gold loan\nrequired no credit checks.<\/p>\n\n\n\n

 Gold Loan Akividu Procedure:<\/strong><\/p>\n\n\n\n

First of all the applicant needs to visit www.magicloans.in<\/a>  .<\/p>\n\n\n\n

After that, the applicant fills the application with the required information.<\/p>\n\n\n\n

But the applicant\nshould fill the contact number. <\/p>\n\n\n\n

After that, the applicant\ngets a call from our side if he\/she is eligible.<\/p>\n\n\n\n

Forms of Gold<\/strong><\/p>\n\n\n\n

Not every form of gold is considered by the bank to provide\nthe Gold Loan. There are some restrictions.<\/p>\n\n\n\n

First of all the purity of the gold should lie in between 18\nKarats to 22 Karats.<\/p>\n\n\n\n

After that, gold in the form of jewelry is accepted.<\/p>\n\n\n\n

Besides that raw is gold is not accepted.<\/p>\n\n\n\n

Furthermore, gold\ncoins that weigh less than 50 Grams are easily\naccepted.<\/p>\n\n\n\n

Gold Loan Akividu is\nSecured?<\/strong><\/p>\n\n\n\n

Yes, it is important to note that the gold loan comes in the\ncategory of secured loans. Because in a gold loan the customers put their gold\nornaments into the bank\u2019s locker as security\nor as collateral. If the customer is unable\nto return the gold loan on time then the bank is liable to sell his gold\nornaments.<\/p>\n\n\n\n

Why Magicloans.in?<\/strong><\/p>\n\n\n\n

First of all, https:\/\/magicloan.in\/<\/a>offers\na very easy process of application of the\ngold loan.<\/p>\n\n\n\n

After that, the customer gets a good comparison of the interest rates of other banks as well.<\/p>\n\n\n\n

Finally, the company provides the document pickup facility\nfrom your doorstep.<\/p>\n\n\n\n

About Akividu<\/strong><\/p>\n\n\n\n

It, a very important semi-urban place in the costal Andhra\nPradesh. It is the biggest  panchayati in\nWest Godavari District with the revenue villages of Akividu, Madiwada,\nDharmapuram . It is the Mandal Head Quarters with 15  villages. It is known for its rich history\nand culture with ponds, temples, and mosques. Akividu is situated along the\nGudiwada and Bhimavaram rail route. National Highway NH214 passes through the\ntown.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold Loan Akividu Every secured loan requires the customer to keep some security against the loan. In this case, Gold as used as security against the loan. The lender bank of NBFC will check the grams and purity of gold and give you a valuation based on that. Generally, it’s around 80% but it is… Read More »Gold Loan Akividu<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/1497"}],"collection":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/comments?post=1497"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/1497\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=1497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=1497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=1497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}