Gold Loan

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UAR Nidhi Gold Loan

It is popularly called as loan against gold. It is a secured loan taken by the borrow from a lender by pledging their gold (24 carat).

SCHEME I

Gold loan starts from 70% to 75% gold value
Instalment and Interest are to be remitted every month.
The period of the loan is 6 - 12 months.
Interest has to be paid every month.

SCHEME II

Gold loan starts from 75% to 80% gold value
The period of the loan is 6 - 12 months.
Instalment and Interest are to be remitted every month.
Interest has to be paid every month.

SCHEME III

Gold loan starts from 80% to 85% gold value
The period of the loan is 6 months.
Instalment and Interest are to be remitted every month.
Interest has to be paid every month.

SCHEME IV

Gold loan starts from 85% to 90% gold value
The period of the loan is 3 months.
Instalment and Interest are to be remitted every month.
Interest has to be paid every month.

Any Member Who Owns Gold Ornaments Can avail UAR Nidhi Gold Loan

Once you submit your Application Form, Demand Promissory Note, and supporting documents, we shall approve within a matter of minutes provided everything is in order. All loan approvals are at the sole discretion of the Branch Head.

Our products are well tailored not only to the income group of the customer, but to relevant considerations like how much loan customers would like to avail against jewellery, and their comfort levels for the interest rate and periodicity of repayment of interest and principal. Incidentally, gold loans can be availed at our branches for amounts as low as Rs. 1000. Low-interest Gold Loan in Chennai

Guarantee and Security

We know that these gold ornaments are very precious and favourite to you. So we guarantee you that it will be in our safe hands in strong cash safe inside a strong room built as per the standards and specifications applicable to commercial banks. The pledged gold ornaments are also insured for full value. Moreover, security personnel and modern electronic surveillance technology are deployed to protect your beloved gold ornaments.

The most important things from the customer’s perspective are transparency, security, and choice of loan product to suit individual requirements. Transparency would help the customer see for himself what he gets in return for what he says. There should be no hidden costs and no nasty surprises. Security is about how well the gold is physically secured, and also about the internal systems and procedures at the company which ensure that there is no scope for any malfunctions after the jewels have been pledged. The choice of loan products should cover the range from high LTV (loan to value) to low LTV.