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When it comes to financial emergencies or unexpected expenses, finding a source of funding can be challenging. Gold loan services are a popular and convenient way to access quick funds, and as one of the best NBFCs in India, Supra Pacific offers easy and quick gold loan services.
A gold loan is a type of loan in which an individual pledges their gold assets (jewellery) as collateral to obtain funding. The loan amount is determined based on the value of the pledged gold and the lender usually offers a loan-to-value (LTV) ratio, which is the amount of loan provided as a percentage of the value of the pledged gold. The interest rate for a gold loan is typically lower than that of unsecured loans, making it a popular option for people in need of quick funds. The borrower can repay the loan, along with the interest, within a specified period, and retrieve the pledged gold after the loan is repaid in full.
To avail of a gold loan at Supra Pacific, an individual must meet the following criteria:
Age: The applicant should be 18 years of age or above.
Monthly Repaying Capacity: The applicant should have a stable source of income and a monthly loan repaying capacity.
Ownership of purity: Minimum Gram-1gm
Minimum Loan Amount-3000/-
Disbursal is based on RBI guidelines.
These are the minimum criteria for availing a gold loan at SupraPacific. However, it is recommended to check with our gold loan team directly for information on their specific eligibility criteria and requirements as they may vary from branch to branch.
Here are some basic guidelines and criteria that are the hallmark of Supra Pacific Gold Loans. These guidelines are formulated to ensure that our loan offerings meet the highest quality in terms of customer satisfaction and value. They are also the reason why most of our customers come back to us and place their trust in our services.
The following documents are to be submitted by the borrower in order to avail of the gold loan service offered by Supra Pacific.
|Proof of Identity - FOR INDIVIDUALS||Proof of Address - FOR INDIVIDUALS||FOR NON-INDIVIDUALS|
|Passport, PAN Card, Voter's ID, Driving license, ID card issued by any central/state Govt,AADHAAR issued by unique identification authority of India||Passport,Telephone Bill,Electricity Bill,Bank Account statements (not more than 3 months old), AADHAAR||Certificate of Incorporation, Certificate of commencement of business,Memorandum and Articles of Association, PAN Card, List of Directors, Any other docs (shareholding pattern etc)|
At Supra, we are committed to providing excellent customer service and support. If you have any questions or concerns, please do not hesitate to reach out to us. Just drop in your contact details and our team will reach out to you ASAP!