Gold Loan In Hyderabad
In today’s uncertain and fast-paced times it is not unusual to find yourself in need of a lump sum amount of cash. If you are based in Hyderabad, the city of pearls, which was once famous as the global centre for trade in precious stones like emerald and diamonds, you could be in the same situation. A gold loan in Hyderabad is one of the loan products that you will find convenient.
Even if you have come to the city to explore opportunities in the IT hub of India or its flourishing service sector, and need ready cash to help set up your new home or your new business – do explore the gold loan in Hyderabad offered by IIFL Finance.
If you are looking for a simplified and ideal way to raise funds, apply for an IIFL Gold loan in Hyderabad today!
Features and Benefits of Gold Loan In Hyderabad
The loan against gold in Hyderabad offers several attractive features and benefits:
Here are some of the features of the gold loan Hyderabad:
How To Apply For A Gold Loan in Hyderabad
Gold Loan in Hyderabad EMI Calculator
Eligibility Criteria to Apply For Gold Loans in Hyderabad
In the context of gold loans in Hyderabad, IIFL Finance has established specific eligibility criteria for gold loan aimed at optimizing loan repayment and gold retrieval by the borrower. IIFL Finance only offers gold loans to Indian Nationals who fulfil the following criteria
Check for IIFL Finance gold loan eligibility criteria :
You must be a salaried employee/ businessman/ businesswoman/ trader/ farmer or self-employed professional.
You should be an Indian nationality.
You should be between the age of 18-70 years.
You should have gold ornaments purity 18-22 carats.
Documents Required For Gold Loan in Hyderabad
The gold loan online offered by IIFL could be considered the best gold loan in Hyderabad because of the minimal paper work. It also offers one of the lowest gold loan interest rate in Hyderabad :
Aadhaar and PAN Card
2 passport-size photographs
Valid Driving Licence
Voter ID Card
Job Card Issued By NREGA
Certificate by Jewel Appraiser (Bank will Arrange)
IIFL Finance Offers Gold Loan At Home Services In Hyderabad
Unbelievable, but true! you can avail the gold loan without stepping out of the comfort of your home. IIFL Finance offers you the convenience of an online gold loan. This makes it convenient for you to apply anytime, anywhere, whether at home, or at work or even while travelling between appointments!
Here's how the Gold Loan at Home service generally works:
Choose Home Service option in online application form
An authorized person will visit your home
Simple Process in-house Gold Valuation
You can Get Gold Loan Amount in your Account or in Cash within 30 Minutes
Why Choose IIFL Gold Loan in Hyderabad
A loan against Gold in Hyderabad is an efficient way to raise emergency funds. We have designed our gold loan products to be distinctive and ensure they come with attractive and affordable gold loan interest rate. You should choose to take a gold loan in Hyderabad from IIFL Finance because of the following reasons:
High Loan to Value Ratio: IIFL Finance provides a high LTV ratio up to 75% of the value of the weight of the gold deposited
Flexible EMIs: Flexible repayment options make it easy and convenient to repay. Pay through monthly or quarterly EMIs, or pay in bulk at the end of the tenure
Gold Safety: IIFL secures the gold deposited in secure vaults with high-level security and insured
Transparency: IIFL follows a transparent policy regarding interest rate and gold valuation
Uses of Loan against Gold in Hyderabad
Why is Gold Loan the Most Feasible Borrowing Mode in Hyderabad?
Not only does IIFL offer one of the highest gold loan per gram in Hyderabad with a Loan to Value Ratio up to 75%, it is also one of the most feasible borrowing modes in the city. Since most Indian households have some amount of gold in their possession, it is easily available as a collateral for a gold loan. Being a secured loan, the interest rates offered on the gold loan in Hyderabad are lower compared to unsecured loans. Check the gold rate in hyderabad today to know the price of gold for 22k and 24k this help you to take the decision.
Gold Loan in Hyderabad FAQs
The IIFL Finance gold loan emi calculator is a user-friendly tool. Simply enter the weight of gold in grams or kilograms that you wish to pledge in the indicated box. The loan amount will be reflected immediately. However, keep in mind that IIFL assumes the gold is of 22K purity. The final loan amount will depend on the purity of gold pledged.
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