DMNL GOLD LOAN

GOLD
LOAN

Let the gold add glitter to your life. Unlock the value of your gold while you continue to own it. DHANMANGALYA MULTIPURPOSE NIDHI LIMITED designed to provide liquidity against gold and gold Jewellers without having to sell them. Let your gold help you bring the golden period in life.

Feathers and Benefits

Minimum amount Rs.10,000/- to a maximum amount Rs. 2,00,000/- Lakh.
Hassle-free quick processing of loans.
Minimum documentation and quick disbursal.
Simplified Paperwork.
Easy Payment options.
ATL – Anytime Liquidity.
Maximum loan up to 50% to 80% of gold valuation.
No safe storage charges.
Loan closure permitted at any time.
No hidden charges.
Minimum processing fee: DMNL provides at least 500/- or 1% processing fee whichever is higher for gold loans.

Terms and Conditions

The rate of interest will be @ 9% per annual.
Avail loan amount ranging from Minimum amount Rs.10,000/- to a maximum amount Rs. 2,00,000/- Lakh.
Hassle-free quick processing of loans.
The valuation of the gold ornaments will be done by DMNL NIDHI LIMITED through authorized GOLD valuator, and the cost of valuation will be borne by borrower.
Two colour photographs of gold ornaments are required.
Two colour photographs of borrower and his/her ID proof are required.
The loan interest will be paid on monthly basis.
In case of non-payment of interest for 12 months, the Gold ornaments will be sold by DMNL NIDHI LIMITED. The expenditure on sale of Gold ornaments plus due loan amount and 5% penalty rest on due amount interest will be deducted and balance amount will be deposited in to loan account.
The borrower has to provide an affidavit declaring the ownership of the ornaments.
In case the borrower does not pay the interest a penalty of 5% has to be paid along with next interest premiums