Gold Loan In Pune
Gold Loans are a convenient means of raising quick cash during times of need and financial stress. There are several banks and NBFCs, such as IIFL from which you can avail a gold loan in Pune. You can avail the loan through an onsite visit to one of our branches or you can avail the gold loan through the online application process. The gold loan in Pune has no end-use restrictions. This means you can use it for any purpose you deem fit – there are no questions asked or conditionalities attached.
IIFL Finance gold loan in Pune have designed to cater to all the capital needs of individuals with customized gold loan schemes and repayment process. Apply Now!
Features and Benefits of Gold Loan In Pune
If you are in need of raising urgent money through a gold loan in Pune, here are some of the features and benefits that can work in your favour. Here are some of the features of the gold loan in pune:
How To Apply For A Gold Loan in Pune
Gold Loan in Pune EMI Calculator
Eligibility Criteria to Apply For Gold Loans in Pune
The eligibility criteria fo gold loan in Pune has been kept simple such that any one in urgent need of support of a loan can use the gold loan which offers comparatively lower interest rates than unsecured loans like personal loans. The gold loan in Pune is offered to Indian citizens only. The most crucial of the criteria for availing a gold loan is having gold articles to pledge as collateral.
You must be a salaried employee/ businessman/ businesswoman/ trader/ farmer or self-employed professional.
You should be an Indian nationality.
The co-applicant must be an Indian citizen of 18 to 70 years of age.
You should have gold ornaments purity 18-22 carats.
Documents Required For Gold Loan in Pune
The gold loan offered by IIFL could be considered the best gold loan in Pune because of the minimal paperwork. You need to submit the following gold loan document only:
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)
Gold Loan At Home in Pune
IIFL Finance offers you the convenience of an online gold loan. You can avail a gold loan at home while sitting at home in Pune with all the formalities taken care of without having to step out of the house.
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 Pune
A loan against Gold in Pune is an easiest 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. The gold loan in Pune offered by IIFL is perhaps considered one of the best gold loans because of the following reasons:
High Loan to Value Ratio: IIFL offers up to 75% of the value of the weight of the gold deposited
Flexible EMIs: Repay as per your convenience. Pay through regular EMIs or pay the entire principal and interest at the end of the loan tenure
Gold Safety: IIFL secures the gold deposited in secure vaults with high-level security, backed by insurance
Transparency: IIFL follows a transparent policy regarding interest rate and gold valuation
Uses of Loan against Gold in Pune
The loan against gold in Pune has no end-use restrictions. Thus, you can use it for a variety of purposes such as:
Payment of tuition or admission fees
Paying of regular bills during a cash crunch
Making a down-payment while buying a home
Starting a business venture
Upscaling a business venture
The loan in Pune can be used for any purpose or a combination of purposes as you may find necessary.
Why is Gold Loan the Most Feasible Borrowing Mode in Pune?
The gold loan in Pune offered by IIFL is perhaps one of the best gold loans and the most feasible mode of borrowing in Pune.
It is a secured loan and therefore offers lower interest rates to unsecured loans like Personal Loans
You do not need a good credit score
There is no ceiling limit to the gold loan in Pune
IIFL offers a high Loan to Value ratio of 75%
You can prepay the loan as per your convenience
Gold Loan in Pune FAQs
The gold loan amount is based on the 30-day average price of 22 karat gold, the weight of gold deposited, and a Loan to Value Ratio of 75%. You can use the IIFL online gold calculator to do this calculation. If the gold you plan to deposit as collateral is of lesser purity, the loan value will be lesser than shown on the calculator.
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