Gold Loan In Pimpri Chinchwad
Though small in area, the twin city of Pimpri-Chinchwad is one of the biggest industrial centres in Asia. It is also a growing IT and real estate hub. The industrial city also has many manufacturing and export businesses, research centres and educational institutions.
Owing to this well-developed industrial and commercial base, many locals and migrant labourers gain employment. In such an expanding local economy, IIFL Finance offers a gold loan in Pimpri-Chinchwad that requires no credit score, offers the highest LTV of 75%, maintains transparency throughout its application process, allows the use of the loan amount for any legal purpose and most importantly, without the involvement of any loan agents in Pimpri-Chinchwad.
After its success across India, IIFL Finance now offers its gold loan to the citizens of Pimpri-Chinchwad.
Features and Benefits of Gold Loan In Pimpri Chinchwad
By operating 2,668+ branches across India, IIFL Finance is now ready to serve the people of Pimpri-Chinchwad with its IIFL Finance gold loan in Pimpri-Chinchwad. The gold loan is an easy way to raise a loan against gold jewellery. Some of the following factors that make it a popular option to raise immediate finances are:
Gold Loan Calculator (Rates as on 02 May 2024)
*The market value of your gold is calculated by taking 30 days average gold rate of 22 carat gold | Purity of the gold is assumed at 22 carat.
*You can avail a maximum loan of up to 75% of the market value of your gold depending on the quality of the gold.
Eligibility Criteria to Apply For Gold Loans in Pimpri Chinchwad
To offer a gold loan in Pimpri-Chinchwad, IIFL Finance has put in place specific criteria so that only the creditworthy borrowers with the ability to repay the loan can easily opt for the IIFL Finance gold loan. The gold loan eligibility criteria are as follows:
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The individual is a salaried employee/entrepreneur/self-employed/trader/farmer
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The loan-to-value ratio is capped at 75%, meaning a maximum of 75% of the value of the gold will be given as loan.
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The individual is between 18-70 years of age
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The individual has gold jewellery with a purity of 18-22 carats
Documents Required For Gold Loan in Pimpri Chinchwad
Besides the eligibility criteria for one of the best gold loans in Pimpri-Chinchwad, IIFL Finance requires the following gold loan documents to be submitted along with the application form:
Aadhaar Card
Valid Passport
PAN Card
Valid Driving Licence
Voter ID Card
Ration Card
Electricity Bill
Bank Statement
Why Choose IIFL Gold Loan in Pimpri Chinchwad
To offer the citizens of Pimpri-Chinchwad the convenient experience of a seamless loan application process and to enable them to use the loan proceeds for any legal purposes, IIFL Finance has one of the best gold loans in Pimpri-Chinchwad. The following features make it a preferred option for raising quick finance.
Highest Loan-to-Value: Of the many lenders in the segment, IIFL Finance offers one of the best gold loans in Pimpri-Chinchwad, with the highest LTV of 75%.
Flexible EMIs: By allowing customers to repay through convenient EMIs or as a single payment, IIFL Finance makes the gold loan repayment quicker and less burdensome.
Gold Safety: IIFLFinance safeguards the pledged gold jewellery in safety vaults that are monitored 24*7 and provides an insurance cover as an additional way of ensuring safety of the borrower’s gold.
Transparency: IIFL Finance follows a transparent process right from specifying the eligibility criteria to documentation and the rates and fees it charges, thus making it a popular financial product among citizens in Pimpri-Chinchwad.
Why is Gold Loan the Most Feasible Borrowing Mode in Pimpri Chinchwad?
Pimpri-Chinchwad and Pune, are home to many well-known industrial houses in the country. There are automobile industries, IT industry, real estate, manufacturing and exports, research centres and academic institutions in Pimpri-Chinchwad.
The twin city provides large-scale employment to workers and thus boosts the local economy. Sustained employment allows the citizens to seek a better standard of living.
IIFL Finance offers a gold loan in Pimpri-Chinchwad to its citizens so that they can fulfill their desires without involving any cumbersome process.
Uses of Loan against Gold in Pimpri Chinchwad
With an IIFL Finance gold loan in Pimpri-Chinchwad, one can use the loan amount sanctioned to meet any legal expenses, such as personal, medical or business expenses. Let us look at the detailed uses of these.
Gold Loan in Pimpri Chinchwad FAQs
An applicant opting for a gold loan from IIFL Finance enjoys some benefits such as no credit score requirement, application process transparency and the interest rate, charges and fees levied. The approval and disbursal are also fast. The lending company also offers the flexibility to use the loan amount for any legal purpose.
Gold loan Interest Rate on a by IIFL Finance in Pimpri-Chinchwad ranges between 18%-22% p.a. Also, the additional charges and fees are mentioned on the website for the customer to know.
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