Gold Loans

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10000

Plus Loans Served
Our Products

Gold Loans

Looking for a one-stop solution for all your business or personal financing requirements? Look no further than fulfilling your needs through Aasra Fincorp Gold Loan by pledging your gold jewellery with us. With our gold financing, you get industry-best benefits through our swift process designed to offer instant funds based on the value of your gold so that our customers do not have to go through a tedious and time-consuming application procedure.

 

Our Gold Loan offers appealing, affordable and low interest rates with quick disbursal and is customized based on the requirements of our customers to cater their capital needs.

Who Can Form JLG:

Business Facilitators, NGOs, Farmers’ Cubs, Farmers Associations, Panchayat Raj Institutions (PRIs), KrishiVikasKendras (KVKs), State Agriculture Universities (SAUs), Agriculture Technology Management Agency (ATMA), Bank Branches, PACS, Other Co-operatives, Government Departments, Individuals, Input dealers, MFIs / MFOs, JLPI etc.

 
Type of loan:

Cash credit, short-term loan or term loan depending upon the purpose and tenor of loan.

 

Loan Limit

As loan to be granted is against the mutual guarantee offered by the group, maximum amount of loan may be restricted to Rs.1.00 lac per individual without margin / security for agricultural loans and up to Rs.50000/- per borrower for composite loans.

 

Security norms

Hypothecation of assets financed
Mutual guarantee of the JLG members.
No Collateral Security

Others

PAIS and Crop insurance as per extant guidelines.

Forms & Documents

Documents as suggested by NABARD/RBI to be taken:
Model A:

  • Introduction form
  • Application cum appraisal form
  • Letter of Guarantee
  • Joint liability guarantee
  • Appropriate DPN Note
  • Letter of continuity
  • Hypothecation of asset financed
  • Mortgage deed
  • Letter of general lien and setoff
  • CIBIL-undertaking letter from borrower/guarantors
  • any other document stipulated in sanction.


Model B:

Document as applicable to SHGs is to be obtained.

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Our History

How We Started Industry

2015 Start Company
Start Company
Start Company

Empowering lives through transformative solutions, one innovation at a time.

2017 Opening Office
Opening Office
Opening Office

New office, endless opportunities, bridging distances for better collaboration.

2020 Best Agency In USA
Best Agency In USA
Best Agency In USA

Top USA agency, excellence in every service, trusted by all.

2023 Winning Award
Winning Award
Winning Award

Top USA agency, excellence in every service, trusted by all.