Gold Loan
Unlock the Value of Your Gold Instantly
Get quick and secure gold loans with minimal paperwork, attractive interest rates, and flexible repayment options to meet your urgent financial needs.
Gold Loan
A Gold Loan is a secured loan where you can borrow money by pledging your gold ornaments, coins, or bars as collateral. The lender evaluates the value of the gold and offers a loan amount based on a percentage of its market worth. Gold loans are typically used for personal expenses, medical emergencies, business needs, or education, and they offer quick access to funds without the need for extensive documentation.
Features and Benefits of our Gold Loan
You can choose from several lenders offering excellent home loan rates paired with EMI options that are both affordable and convenient.
No Credit Score Requirement
As the loan is secured against gold, lenders do not heavily rely on your credit score or financial history, making it accessible to more people.Short-Term Financing Option
These loans are ideal for short-term financial needs like medical emergencies, education expenses, or urgent personal or business requirements.Retain Ownership of Gold
Even after pledging gold, you remain the owner of the asset and can redeem it once the loan is fully repaid.No Restrictions on Usage
The borrowed funds can be used for any purpose, giving you the freedom to manage expenses according to your priorities.Boosts Financial Flexibility
Gold loans help you meet immediate cash flow requirements without disturbing your long-term savings or investments.
Gold Loan Eligibility
- Age: Typically, borrowers should be 18 years or older.
- Ownership: You must own the gold being pledged.
- Gold Quality: The gold should meet the lender’s purity standards.
- Identification: Valid government-issued ID for identity verification.
Required documents for Gold Loan
- Gold Jewelry
- Aadhar/VoterID/Passport/Driving Licence
- PAN Card
- Bank Statement
- Passport-size photographs
- Etc.
Fees and Charges for Gold Loan
Gold loan charges and fees often vary based on the lender and the specifics of each case. The table above gives you an idea of the typical expenses related to gold loans.