{"id":1577,"date":"2020-07-31T09:54:35","date_gmt":"2020-07-31T09:54:35","guid":{"rendered":"http:\/\/magicloans.in\/?p=1577"},"modified":"2020-07-31T09:54:35","modified_gmt":"2020-07-31T09:54:35","slug":"%ef%bb%bfgold-loan-banki","status":"publish","type":"post","link":"https:\/\/magicloans.in\/%ef%bb%bfgold-loan-banki\/","title":{"rendered":"\ufeffGold Loan Banki"},"content":{"rendered":"\n

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

Gold loan is sanctioned by accepting the gold ornaments of the customer as\npledge. Personal loan is\nsanctioned on the basis of source of income and repayment capacity of an\napplicant<\/p>\n\n\n\n

Gold Loan Banki\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 Banki<\/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 Banki<\/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 Banki<\/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 Banki 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 Banki 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, www.magicloan.in<\/a>\noffers a very easy process of application\nof the gold 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 Banki<\/strong><\/p>\n\n\n\n

It is a town in \nTehsil banki  in Cuttack District\nof Odisha . It is located  about 45 KM\ntowards west from District head quarters . It is a  head quarter of tehsil .<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold Loan Banki Gold loan is sanctioned by accepting the gold ornaments of the customer as pledge. Personal loan is sanctioned on the basis of source of income and repayment capacity of an applicant Gold Loan Banki Eligibility Criteria There are some eligibility criteria that the applicant has to qualify to get a gold loan. These are First of all… Read More »\ufeffGold Loan Banki<\/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\/1577"}],"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=1577"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/1577\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=1577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=1577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=1577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}