# Asirvad Micro Finance Limited Doorstep Gold Loan
Get an Doorstep Gold Loan Amount Starting From ₹1000 k with the Asirvad Doorstep Gold Loan Mobile app, Our Annualized Interest Rate (AIR) - 31.91% p.a* and you can Pay repayment On Every Day or Monthly Base. & the Overdue Interest of ₹3% p.a
# Doorstep Gold Loan Feature & Benefits
> Loan Amount - Starting From ₹1000 k
> Interest Rate - Starting from 12% - 29.5% p.a
> Repayment Options – Customer Can Decide the Repayment before Renewal the Date
> 100% digital process
> Instant money transfer in your Registered bank account
> No security deposits
>Minimum repayment period is 15 Days.
>Maximum repayment period is 365 days 50% LTV.
#How to apply for Asirvad Doorstep Gold Loan?
> All Asirvad previous customers and new customers are eligible for a doorstep gold loan..Will get a Asirvad Instant gold loan through the Asirvad Doorstep Gold Loan mobile app.
> Enter the applicant details, those who registered with Asirvad.
> Instant cash is credited to applicant's bank account registered with Asirvad
#Example on How Asirvad Gold Loan Works
Loan Amount - ₹50,000
Tenure – 180 Days
Interest Rate - 12%* on Monthly Prompt Payment
Monthly Interest - ₹500/-
Processing Fees - (GST Extra , Rs 10/-+Additional Charge of 0.07% of new Pledge value on Repledge)
Total Cost of the Loan = Interest Amount + Processing Fees = ₹3000 + ₹18 = ₹53018/-
# About Asirvad Doorstep Gold Loan Mobile App
Asirvad Doorstep Gold Loan Mobile App is developed by MAcom & Owned by Asirvad Micro Finance Limited with an objective of simplifying finance and Small Loans… Big Dreams… for a million people.
Asirvad Micro Finance Limited is an (NBFC) promoted by an IIT & IIM alumni Shri. S.V. Raja Vaidyanathan and his family members in the year 2007. In February 2015, Asirvad became a subsidiary of Manappuram Finance Ltd. It provides micro finance loans to women from poor and low-income household through its network of branches across 22 States in India. under the supervision of Shri V.P. Nandakumar, CEO of the company.