We are living in an era where smartphones and apps are a part of our lives. We rely on mobile apps for almost everything. From ordering food to booking a cab, everything is done on a mobile app in just a few clicks. Financial services companies have also walked the path of evolution and come up with smartphone applications for their portfolio offerings. The same holds true for gold loans.
With the advent of digital applications, you can now avail of a gold loan at your doorstep. You can open the app to check various schemes, gold loan eligibility, gold rate, etc. Furthermore, you can also calculate your estimated EMI using the gold EMI calculator. Want to know more about the doorstep gold loan? Keep on reading.
What is Doorstep Gold Loan?
An immediate fund requirement can occur at any point in life. One of the easiest ways to resolve your financial issue is to avail yourself of a gold loan by keeping your gold jewellery, coins, or other items as collateral. However, paying several visits to the gold loan company for filling out the application, evaluating the gold, and checking the approval status is a tiring task. This is where the doorstep gold loan facility offered by select NBFCs help you get an instant gold loan from the comfort of your home.
You can use their app or website to raise a gold loan request and their executive gets in touch with you for a home visit. It’s easy, quick, and simple.
When one opts for a gold loan service at home, make sure you deal with an NBFC that sends their own employees to your home for gold evaluation. The new generation fintech companies tend to outsource and hire third-party staff, where as NBFC’s like Muthoot Finance sends their own staff for gold evaluation and to complete gold loan formalities at your home.
Process of Doorstep Gold Loan
Raise a request for a gold loan on the lender’s app
Get in touch with the executive
Doorstep visit by the employee of the company
Complete e-documentation formalities from the comfort of your home
Quick gold evaluation
Approved gold loan amounts are directly credited to your bank account
On another note, gold loan companies are very cautious about the safety and security protocol to make sure that the gold evaluation process is smooth.
So, if you need instant funds to fulfil your financial commitment without stepping out of your home, try a doorstep gold loan.