Gold Loan In Nashik

Nashik is known as the grape-growing region of Maharashtra and exports grapes to Europe, the Middle East and parts of Asia.

Owing to the Igatpuri-Nashik-Sinnar investment region, Nashik is an important town on the Delhi-Mumbai Industrial Corridor Project. It is Maharashtra’s third industrial hub after Mumbai and Pune and a major industrial hub for automobile, engineering and electrical majors.

Nashik employs several people in and around the town, thus enabling people to live a better life. A gold loan in Nashik from IIFL Finance is an instrument for financing one’s personal or business needs. The lending company has put in place a simple process when applying for a gold loan and so, one does not require seeking help from a loan agent.

Features and Benefits of Gold Loan In Nashik

Gold loan in Nashik is a popular financial product for people looking to raise cash to meet their planned purchases or meet unplanned expenses. Some of the reasons that make a gold loan in Nashik, a preferred instrument to raise cash are:

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Quick Approval and Disbursal:

IIFL Finance has made it easy to receive a gold loan owing to the quick approval and disbursal of the gold loan.

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No End-Use Restrictions:

The flexibility of repaying the gold loan in a single payment or in easy monthly EMIs is another attractive feature of the gold loan.

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Minimal Paperwork:

The simplicity of applying for a gold loan and the requirement of a few documents to ensure speedy approval and disbursal of the gold loan is an important feature of its popularity.

How To Apply For A Gold Loan in Nashik

Walk into any IIFL Gold Loan branch with your gold.

Find Nearest Branch

Provide your ID proof, address proof and gold to get an instant approval

Documents Required

Simple Process Calculator - IIFL Finance

Simple process ensures that you get the loan amount

Apply Now

Gold Loan Calculator

Find out the amount you will receive against your gold jewellery

Gold Amount

gm kg

gms kg

Loan amount

Rate Calculated @ / Gm

Apply Now

*The market value of your gold is calculated by taking the 30-day average gold rate of 22-carat gold | The purity of the gold is assumed to be 22 carats.*

*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 Nashik

IIFL Finance has designed the gold loan in Nashik to ensure that the borrowers repay it in full. The lending company has specified the following gold loan eligibility criteria for customers when applying for a gold loan in Nashik:

A person’s age must be between 18 - 70 years
Have a valid Identity and address proof

Documents Required For Gold Loan in Nashik

The loan on gold from IIFL Finance is among the best gold loans in Nashik for its ease of application. The lending company requires the following documents to process a loan:

Accepted Identity Proof

Aadhaar Card
Valid Passport
PAN Card
Valid Driving Licence
Voter ID Card

Accepted Address Proof

Aadhaar Card
Valid Passport
Electricity Bill
Bank statement
Valid Driving Licence
Voter ID Card

Why Choose IIFL Gold Loan in Nashik

IIFL Finance gold loan is one of the best gold loans in Nashik for the following reasons:

Highest Loan-to-Value: At IIFL Finance, one gets the highest amount of loan, viz, 75% of the value of the gold ornaments pledged.

Flexible EMIs: The lending company offers flexible ways to repay one of the best gold loans in Nashik. One is by opting for monthly EMIs and the other is by making a single payment.

Safety:The pledged gold with IIFL Finance is secured in steel vaults with 24*7 monitoring and is also backed by an insurance policy as an additional measure.

Transparency:IIFL Finance discloses the interest rate charged on the gold loan along with other fees and charges on its website. Thus, there are no hidden charges.

Why is Gold Loan the Most Feasible Borrowing Mode in Nashik?

Nashik’s economy is majorly an industrial economy, even as it is a well-known exporter of grapes.

A prominent node on the Delhi-Mumbai Industrial Corridor, Nashik offers several employment opportunities to its people. With increased disposable incomes, people can now look to improve their lives with a gold loan in Nashik. The lending company requires minimal documents, no credit score and disburses the loan within 30 minutes of approving the same.

It offers the highest LTV of 75%; the loan is easily payable with flexible EMIs and comes with an insurance cover for additional security.

Uses of Loan against Gold in Nashik

A gold loan in Nashik is a convenient means to raise funds for planned and likely emergency expenses. The lending company also does not restrict the use of the loan amount. Customers can use a gold loan in Nashik in any of the following ways:

Business Expenses -

The gold loan amount can be used to meet business needs such as, operating expenses, paying rent/salaries or buying machinery.

Personal Expenses -

One of the uses of the gold loan is to meet personal expenses such as higher education, weddings, purchase of consumer durables and higher education, among others

Medical Expenses -

Impending and spontaneous medical bills such as hospital bills, surgery and other related medical bills can be paid off with the loan amount.

IIFL Finance