- Gold Loan Jaipur
- Why Gold Loan
- Gold Loan Documents
- Gold Loan Eligibility
- Terms And Conditions
Gold Loan Jaipur
What is Gold Loan?
Gold Loan is a very simple concept and in this type of loan, A customer pledges gold. It may include jewelry, ornaments etc. as security for taking the loan. This type of loan is useful if you are in need of money for immediate expenses. And also expect to be able to pay it back in the short term. It is cheaper and faster as compared to personal loan. The banker uses the gold as security against latent mortgage default by the customer. The loan that is against gold is a specific percentage of the value of the gold. The gold has been pledged and the loan is sanctioned after analysis of basic documents. The amount is then given to the customer in the form of cash, account transfer or demand draft. These are short-term loans and the repayment period can vary from one month to a few years.
About Jaipur
Jaipur is the capital of India’s Rajasthan state. It evokes the royal family that once ruled the region and that, in 1727, founded what is now called the Old City, or “Pink City” for its trademark building color. At the center of its stately street grid (notable in India) stands the opulent, colonnaded City Palace complex. With gardens, courtyards and museums, part of it is still a royal residence.