Benefits of availing a गोल्ड लोन | Gold Loan explained in Hindi | IIFL Finance

There are many plus points that make gold loans a far better option than some other types of loans, especially unsecured products such as personal loans and running a credit card debt beyond the one-month window of
repayment. In some cases, a gold loan may even be better than a small business loan.
• Minimal paperwork: If you have not borrowed in the past or have a low credit score that makes you ineligible for a conventional personal loan, you can still avail a gold loan. Since it is a secured loan against a high-value asset whose price typically doesn’t sink, lenders insist on just basic documentation to process the loan application. All you need is an identity proof like a PAN card and an Aadhaar card.
• Flexibility to pay back: Gold loans are much simpler to pay back as lenders allow more flexibility in terms of how you want to repay them. This could be every month, once every two months, once a quarter, six months or even
once a year.
• Small requirement: Some lenders offer loans of as low as just Rs.1,500, so if you do not need a large sum you can still borrow against say a low weight gold ring.
• Interest rates and other charges: Since gold loans are secured products and require gold jewellery or coins as collateral, the interest rate charged is lower compared to unsecured personal loans or credit card debt. Moreover,
most lenders charge zero to negligible processing fees.
IIFL Finance can help you meet short-term money needs via gold loans with competitive interest rates and swift loan approvals and disbursal. Its "Seedhi Baat" promise ensures you are not surprised with extra charges and its digital gold loan option makes for a truly online application and repayment process.
Key Pointers:-
00:00 Introduction
00:21 Benefits of Gold Loan
01:31 Conclusion

#IIFLFinance #GoldLoan #Interestrate #howtogetloan #bestloan #bestloanapps #lowestinterestrate #nbfc #bank #loan #easyloan #bestloan
Hit the 🔔 to get notified whenever we post a new video.
------------------------------------------------------------------------------
------------------------------------------------------------------------------
Click here for Apply for Gold Loan: - https://bit.ly/3HW2Baf
-----------------------------------------------------------------------------
-----------------------------------------------------------------------------
Recommended Videos:-
▶️4 interesting facts about gold loan interest rates
   • 4 interesting facts about gold loan i...  
▶️What are the key difference in Gold Loan from Banks vs NBFC's
   • What are the key difference in Gold L...  
▶️How to get the fastest gold loan?
   • How to get the fastest gold loan? | I...  

Disclaimer
The video is intended for suggestive and general informational purposes only and is not a source of credit analysis with respect to material presented and the information in the video does not constitute an investment advice. The contents of the video are provided on an 'as is' basis with no guarantees of completeness, accuracy, usefulness or timeliness and is without any warranties of any kind, express or implied. Viewers are advised to consult with professional advisers before making any decision. IIFL Finance Limited (including its associates and affiliates) ("the Company") assumes no liability or responsibility for any errors or omissions in the content of this video and under no circumstances shall the Company be liable for any damage, loss, injury or disappointment suffered by any viewer.