Education Loan: Secure Your Child’s Future With A Gold Loan Today
Education acts as a medium of freedom for everyone. Education loans are a source of strength through which people can liberate themselves from the shackles that may keep them from the world of opportunities. However, from basic amenities to even education, the expenses of nearly all services are becoming a luxury for the common people. So, how does one accomplish the dream of excelling at educational pursuits in metropolitan cities or abroad?
One of the sure ways parents can secure their children’s future is through a financial boost given by a gold loan for education. Whether it is for tuition fees, purchasing books, or hostel accommodations, loans against gold are a flexible and easily available solution.
In this blog, we will cover how a gold loan for education can be your best friend to build a bright future.
Let’s start with the benefits.
Benefits of a Gold Loan for Education Purposes
Education gold loans have unique benefits compared to other types of loans. ted below-
Simple Documentation Process:
When you need a loan, the most daunting problem that only brings a headache is the long documentation process. SahiBandhu gold loan has simplified the documentation process for education gold loans, and it only requires minimal documentation compared to traditional loans. This step accelerates the approval process and relieves parents who are already juggling various responsibilities.
Hands-On Personal Assistance:
The journey as a borrower can become overwhelming, especially for those who are new to the financial market and procedures. As one of the country’s leading loan on gold items providers, SahiBandhu offers hands-on service through dedicated personal assistance. This helps guide borrowers through the entire process of borrowing, and this personalized approach enhances the customer experience while also instilling a sense of trust.
Easy Loan Approval & Quick Disbursement:
If you are taking a loan against gold, be assured that time is of the essence! Unlike other types of loans or education loans that involve a lengthy process and long waiting periods, SahiBandhu Gold Loans are known for their swiftness. Keeping the essence of urgency in mind, SahiBandhu offers a quick approval process and quickly disburses the fund into your bank account, allowing you to address your child’s educational needs on priority.
Attractive Interest Rates:
One of the features that make SahiBandhu Loans against gold preferred by over 3 lakh customers across the country is its competitive gold loan interest rates. These interest rates are not only better than the ones offered in personal loans or education loans, but they also stand out when compared to other loans against gold. Hence making SahiBandhu a cost-effective solution for funding your child’s education.
Flexible Repayment Options:
Understanding that not every borrower may not be able to adhere to strict deadlines is something SahiBandhu has mastered. At SahiBandhu, borrowers have the liberty to choose from flexible gold loan repayment options to repay gold loans for education. This empowers borrowers to manage their loan repayment and their everyday expenses efficiently while also putting their child’s education as their priority.
Assurance of Gold Safety:
Addressing one of the most pressing concerns of borrowers, SahiBandhu assures its customers of the safety of their gold assets. At SahiBandhu, we not only prioritize your financial needs but also ensure that your hard-earned gold jewelry is safe in deposits.
No end-use restrictions:
With SahiBandhu gold loans, you get full freedom to use the loan amount, unlike regular education gold loans. You can use the loan amount for tuition fees, buying books, and other stuff.
No additional documents are required:
Unlike regular education loans from banks and NBFCs, we don’t need any additional documents to approve your education loan against gold assets.
Eligibility Criteria to get an education loan against gold
To apply for a loan against gold for Education on SahiBandhu, there are two main eligibility criteria:-
- To be an Indian Citizen
- Individuals to be between 18 and 70 years of age.
Process to avail of an Education Gold Loan
It’s easy to apply for a gold loan for education with SahiBandhu. Follow a few simple steps and get your gold loan loan approval within 30* mins.
Steps to follow to apply for an education gold loan on SahiBandbu-
- Check if you fulfil the eligibility criteria
- visit our official website www.sahibandhu.com
- Fill in your mobile number, name, and other details
- Click Generate OTP
- Upon receiving the OTP fill your OTP and submit your request
- Alternatively, Call the toll-free number 18003098440
After successful application submission, you will get a call from our representative. The authorized representative will assist you in understanding the next process, gold loan interest rates, loan value, and repayment options.
Now you know, that your gold is only just for ornamental purposes and it can be used for different needs. Put your trust in SahiBandhu to help you accomplish your child’s educational needs. Whether it is for funding your child’s school-university tuition fee, purchasing study materials, or even managing other related expenses like hostel fees and food expenses. A loan against gold for education can be a flexible and easily accessible financial solution.
Frequently Asked Questions
When compared to student loans, loans against gold are more advantageous to parents or even young individuals seeking higher education. Unlike student loans involving a complex process and strict eligibility criteria, gold loans are hassle-free with minimal documentation, quick approval and disbursement. Moreover, at SahiBandhu, we provide flexible repayment options that allow parents and young adults to focus on their educational rather than financial needs.
A gold loan, also called a loan against gold, is a secured loan where the borrowers pledge their gold jewellery (within 18-24 carats) as collateral. The loan amount is determined based on the appraised value of the gold up to 75% based on the current market value. SahiBandhu customers enjoy a range of benefits, such as-
- Simple & easy documentation - To make the process easier, only minimal documentation is required for swift loan approval.
- Instant loan approval - We offer swift loan approvals that make borrowing hassle-free.
- Attractive interest rates - We offer competitive and affordable interest rates.
- Multiple payment options and tenures - To cater to our client's needs, we offer multiple payment options with flexible tenures.
- Complete safety of gold deposit - We ensure that your gold is kept in safe deposits.
- Get personal assistance - We offer personalised assistance and guidance throughout your borrowing journey.
Disclaimer: The content stated above is only for informational purposes. Educational Gold Loan Services have unique terms and conditions. It is advised to read the terms and conditions and the offer documents carefully. For customers in need of any assistance, please contact SahiBandhu at 18003098440 (toll-free number).