{"id":1534,"date":"2020-07-31T09:54:33","date_gmt":"2020-07-31T09:54:33","guid":{"rendered":"http:\/\/magicloans.in\/?p=1534"},"modified":"2020-07-31T09:54:33","modified_gmt":"2020-07-31T09:54:33","slug":"gold-loan-atmakur","status":"publish","type":"post","link":"https:\/\/magicloans.in\/gold-loan-atmakur\/","title":{"rendered":"Gold Loan Atmakur"},"content":{"rendered":"\n

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

When\na customer pledges gold as collateral for taking a loan, it is known as a gold\nloan. The bank\/lender uses the gold as security against potential payment\ndefault by the customer. The loan amount sanctioned is a certain percentage of the\nvalue of the gold that has been pledged.<\/p>\n\n\n\n

Gold Loan Atmakur\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 Atmakur<\/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 Atmakur<\/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  Atmakur<\/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 Atmakur 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 Atmakur 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\nunable to 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 Atmakur<\/strong><\/p>\n\n\n\n

It  is a Block placed\nin Kurnool district in Andhra Pradesh. Placed in rural region of Andhra\nPradesh, it is one among the 54 blocks of Kurnool district. According to the\nadministration register, the block number of Atmakur is 932. The block has 14\nvillages and there are total 18613 homes in this Block.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold Loan Atmakur When a customer pledges gold as collateral for taking a loan, it is known as a gold loan. The bank\/lender uses the gold as security against potential payment default by the customer. The loan amount sanctioned is a certain percentage of the value of the gold that has been pledged. Gold Loan… Read More »Gold Loan Atmakur<\/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\/1534"}],"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=1534"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/1534\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=1534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=1534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=1534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}