Gold Loan In Noida
Noida, one of the few planned cities in the Northern Indian state of Uttar Pradesh, draws people from all over the country. Many of those drawn favour the city because of its close proximity to the political capital of our diverse and populous country. It is only natural that those who migrate to the city are often in need of finance to help them start a new journey in life. The online gold loan in Noida offered by IIFL Finance with its several attractive features and affordable interest rates is one of the means of raising private Finance in Noida.
Features and Benefits of Gold Loan In Noida
The gold loan in Noida offered by IIFL Finance is ideal for those who have gold to offer as collateral. This ensures lower rates of interest as this makes it qualify as a secured loan. There are several other benefits which any borrower will find hard to ignore. Among them, the chief benefits are:
How To Apply For A Gold Loan in Noida
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 gold loan approval
Documents Required
Simple process ensures that you get the loan amount
Gold Loan Calculator (Rates as on 24 December 2024)
*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 Noida
With its reputation as being one of the leading providers of private finance in Noida, IIFL Finance has ensured that the eligibility criteria for getting a gold loan in Noida is kept simple and easy to meet. Additionally, in order to help ensure that borrowers will be able to meet the repayment terms and conditions, IIFL Finance insists that the borrowers should have a regular source of income. The criteria are as follows:
-
A person’s age must be between 18 - 70 years
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Have a valid Identity and address proof
Documents Required For Gold Loan in Noida
The minimal paper-work is just one of the reasons for the loan often being referred to as the best gold loan in Nodia by IIFL Finance’s satisfied customers. Provide IIFL Finance officials with just two passport-size photographs, along with a government ID and standard address proof. You can opt to provide from the following gold loan documents:
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 Noida
If you are looking for the best gold loan in Noida, with the lowest gold loan interest rates and easy to meet eligibility criteria, the gold loan of IIFL Finance offers several other exceptional reasons to select it. These are:
Highest Loan-to-Value: IIFL Finance ensures that you get a high loan amount against the gold deposited as collateral, offering one of the highest LTV ratios in Noida.
Flexible EMIs: Few other loan products offer borrowers an array of flexible repayment options – from bullet repayments to quarterly instalments, tailor-made for varied income sources.
Gold Safety: All gold deposited with IIFL Finance is stored with utmost attention to security. It is stored in high security safety deposit boxes. What is more, your gold receives an added layer of protection through insurance.
Transparency: IIFL Finance takes care to ensure that customers are made well-aware of all the charges related to the loan. You can ask for and study the detailed gold loan proposal from IIFL Finance officials before signing the agreement.
Why is Gold Loan the Most Feasible Borrowing Mode in Noida?
The IIFL Finance gold loan in Noida is considered by many of its customers as the best gold loan in Noida because it is one of the most feasible means of raising cash during an emergency. Even if you do not have a credit history or a good credit score, the loan can still be availed if you meet the eligibility criteria. This along with fast and diligent service, flexible repayment options and no end-use-restrictions make it the most feasible mode of borrowing in Noida for those who can deposit gold as a collateral.
Uses of Loan against Gold in Noida
You can use the gold loan in Noida for several and innumerable purposes as IIFL Finance does not attach any conditions as to how you will use the loan. Among several other purposes, you can also use it for the following:
IIFL Finance
Gold Loan in Noida FAQs
Residents of Noida, who are bonafide Indian citizens between 18 to 70 years of age can apply for a gold loan in Noida subject to Having gold ornaments of 18 K to 22 K purity to offer as security against the loan. Being able to demonstrate their ability to repay the loan.
You will have to submit valid proof of identity and address to apply for a gold loan from IIFL Finance in Noida.
There are several benefits of taking a gold loan in Noida from IIFL Finance. Applications can be done online and the processing is swift. The gold loan in Noida also offers one of the lowest gold loan interest rates as compared to any other loans with no end-use restrictions. In addition, the high loan value and the flexible repayment terms are some of the additional benefits of the gold loan in Noida.
You can pledge any jewellery that belongs to you as long as the purity is at least 18 carat or more.
In Noida, the gold loan interest rates depend on several factors. These include the RBI repo rates, the loan amount and the repayment option that you decide to avail.
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