{"id":1570,"date":"2020-07-31T09:54:34","date_gmt":"2020-07-31T09:54:34","guid":{"rendered":"http:\/\/magicloans.in\/?p=1570"},"modified":"2020-07-31T09:54:34","modified_gmt":"2020-07-31T09:54:34","slug":"%ef%bb%bfgold-loan-balugaon","status":"publish","type":"post","link":"https:\/\/magicloans.in\/%ef%bb%bfgold-loan-balugaon\/","title":{"rendered":"\ufeffGold Loan Balugaon"},"content":{"rendered":"\n
Gold Loan Balugaon<\/strong><\/p>\n\n\n\n Gold loan is given by accepting the gold of the customer as collateral whereas\nPersonal loan is provided on the basis of \nincome source and repayment ability of an applicant. It is true that\nGold loans, like personal loans or credit card borrowings, are often used for\nshort term household requirements.<\/p>\n\n\n\n Gold Loan Balugaon Eligibility 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 age of the applicant should be 18\nyears.<\/p>\n\n\n\n Furthermore, to apply for a gold loan you should have a\nminimum of 10 grams of gold.<\/p>\n\n\n\n Documents Required\nfor Gold Loan Balugaon<\/strong><\/p>\n\n\n\n However, the process of documentation in a gold loan is very\neasy and simple but, still, there are certain documents that are required to\nget 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 accepted (Aadhar Card\/Voters\nCard\/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 Addition to that 2 passports sized colored photographs\nare 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 Balugaon<\/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 keep on changing time to time and\nperson to person but still, the gold loan is available at 1% per month interest\nrate.<\/p>\n\n\n\n Features of Gold\nLoan Gold Loan Balugaon<\/strong><\/p>\n\n\n\n It is noteworthy that the Gold Loan comes with so many\nfeatures. So let us discuss them one by one.<\/p>\n\n\n\n First of all the gold loan is very easy to apply.<\/p>\n\n\n\n After that, gold Loan gets disbursed within 15 minutes.<\/p>\n\n\n\n Furthermore, the interest rates on the gold loan are quite\naffordable and satisfactory.<\/p>\n\n\n\n Besides that, in a gold loan, the documentation process is\nvery easy and simple.<\/p>\n\n\n\n Finally, the gold loan required no credit checks.<\/p>\n\n\n\n Gold Loan Balugaon 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\nrequired information.<\/p>\n\n\n\n But the applicant should fill the contact number. <\/p>\n\n\n\n After that, the applicant gets a call from our side if\nhe\/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 coins that weigh less than 50 Grams are\neasily accepted.<\/p>\n\n\n\n Gold Loan Balugaon is Secured?<\/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 or as collateral. If the customer\nis unable to return the gold loan on time then the bank is liable to sell his\ngold ornaments.<\/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 gold loan.<\/p>\n\n\n\n After that, the customer gets a good comparison of the\ninterest 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 Balugaon<\/strong><\/p>\n\n\n\n It is a town in\nKhordha district in the state of Odisha, India. It is situated very close to\nChilika lake about 90 km away from the state capital Bhubaneswar and 76 km from\nthe Berhampur, Ganjam. It is a major economy center of Khordha district due it\nprawn and fish business.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold Loan Balugaon Gold loan is given by accepting the gold of the customer as collateral whereas Personal loan is provided on the basis of income source and repayment ability of an applicant. It is true that Gold loans, like personal loans or credit card borrowings, are often used for short term household requirements. Gold… Read More »\ufeffGold Loan Balugaon<\/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\/1570"}],"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=1570"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/1570\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=1570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=1570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=1570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}