Gold loan

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  • home loan

  • home loan

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  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

  • home loan

Gold Loan
 Loans that are granted to you in lieu of you depositing your gold with NBFCs or banks are referred to as gold loans. It is a secured loan and as a result has emerged as a preferred alternative option for short-term loan seekers..

Characteristics of a gold loanGold loan offers the following benefits:

  • It is a secured loan. Therefore, there is no requirement of a good credit history to avail a gold loan.
  • You have an option to pay only the interest component and the principle can be paid as a lump sum amount at the end of the loan tenure.
  • For those of you involved in agriculture, gold loan can be availed at a reduced rate of interest which can be as low as 8%.
  • Since your gold is the collateral, the paper work involved is bare minimum. All you require is your personal id and address proof.
  • The loan disbursal time is as less as 5 minutes.

Paisaaloan is here to help

Paisaaloan.com is an unbiased comparison portal, allowing you to analyze various gold loan deals available in the market.
As all banks and financial institutions have different criteria or specifications, it is important that you first check which ones you qualify for.

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