Wednesday 22 August 2018

5 best gold loan apps in India

A gold loan is a really convenient way of raising funds in the time of need. Every Indian family has gold, and whenever they need money, a gold loan is a hassle-free way to get a funds. The major advantage of gold loans is that it does not depend on the credit score of the borrower. Since the loan is secured against gold, the credit worthiness of the borrower is not a major consideration in approving the loan.

It is now simple to get a gold loan online and even on an app. There is gold loan app that help people to get loans at the tip of their fingers. With speedy approval online, it is convenient, easy, and beneficial to use a gold loan app to take this type of loan.

Here is a list of 5 best gold loan app in India:

1.Mannapuram Finance OGL app:

Mannapuram Finance has a gold loan which allows the user to take a loan anytime through the app. To avail this facility, first calculate your monthly outgo through the gold loan calculator. The gold has to be secured in a Mannapuram Finance branch, after which loan can be taken anytime through the app.

2. HDFC Loan Assist:
This is one of the most user-friendly gold loan apps. It includes a gold loan calculator so that you can calculate the EMI before you apply for the loan. This app disbursed money as quick as 45 minutes after the loan is approved. The minimum loan amount is Rs. 50,000.

3. Muthoot Finance Loan App:
The Muthoot Finance Online Gold Loan app is a convenient way for customers to get their loans. The loan allows them to make periodic interest and principal repayments through the gold loan app, check their payouts through a gold loan calculator, withdraw loan amounts and renew loans. it provides an easy way to raise funds in case of need.

4. India Info line Lending App:
IIFL provides gold loans on gold above 18 carats. It is possible to apply for the loan on their app, and get approval done online. The only time the customer has to visit the branch is to deposit the gold. The app also has a gold loan calculator for finding out the repayments.

5. Bajaj Fingers App:
The Bajaj Finserv app is one of the most popular gold loan apps. The app offers conveniences such as payments of installments, application for loans, instant application for pre-approved loans. This gold loan has no pre-payment or foreclosure charges.

No comments:

Post a Comment