Located in the Nanded district of Maharashtra, India, Dharmabad is a town and a metropolitan council. It is located close to the border of Telangana State. Dharmabad is closely connected to Mumbai, the state capital, Hyderabad, the capital of the neighboring state Telangana, and other important urban areas such as Nizamabad, Nanded and Secunderabad by train. Dharmabad is one of the largest revenue-generating stations on the Southern Central Railway. Dharmabad is also connected to other urban areas through the MSRTC bus service. For tourists who want to visit Lord Vitthal-Rakhumai, there is a bus from Dharmabad to Pandharpur. Gold loans in Dharmabad are much favoured by the residents since it is easier to avail them with the required term and tenure at their convenience.
Since a gold loan is a secured loan, it offers many benefits that the other sources of funds do not offer. Some of the benefits offered by a gold loan include:
The requirement for eligibility for a gold loan isn’t much. To avail a gold loan, the borrower has to fulfill the below-mentioned criteria:
The loan amount is then calculated by the lender by multiplying the quality, purity, and weight of the gold. The lender then multiplies it with the average price of gold for the past thirty days. The resultant amount id the loan amount that the borrower can borrow.
When you require emergency funds or urgent loans, a gold loan is one of the most flexible and hassle-free loans that you can acquire. A few of the benefits that are exclusive to gold loans are listed below:
Most lenders provide round-the-clock assistance if borrowers ever need it, to complete their gold loan repayment successfully or to pay their interest through their payment portal on the website or the app. The Rupeek team especially is only a phone call away! But irrespective of the platform you choose to make your payment on, both platforms offer the following modes of repayment:
1) Internet banking
2) Debit card
4) Money transfer using RTGS/IMPS
Since all the options require the digital transfer of money, the borrower must have a bank account under his/her name.
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