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Apply For Gold Loan

Gold Loan

Why let your gold sit idle when it can support your needs? You simply pledge your gold ornaments or jewelry with the lender and receive cash based on its value. The gold stays safe with the bank/NBFC, and once you repay the loan with interest, your gold is returned. It’s fast, secure, and perfect for handling emergencies, big purchases, or personal needs.

Types of Gold Loans
  • Term Loan Against Gold: Borrow a lump sum against your gold and repay in fixed EMIs.
  • Gold Loan for Agriculture: Special low-interest gold loans to support farmers’ needs.
  • Gold Loan for Business: Quick funds for business growth or working capital.
  • Gold Loan for Personal Needs: Meet expenses like weddings, education, or emergencies with ease.
Key Benefits
Quick Disbursal

Instant cash against pledged gold with minimal paperwork.

Safe & Secure

Your gold remains safe with the bank/NBFC until repayment.

Affordable Interest

Competitive rates to make borrowing cost-effective.

Flexible Repayment

Choose repayment options as per your convenience and loan type.

Gold Loan Eligibility Criteria

The eligibility criteria for Gold loans vary across lenders but generally include the following factors:

Basic Eligibility
  • The minimum age required is 18 years at the time of application.
  • A co-applicant such as a parent or guardian with a steady source of income is mandatory.
Income Requirements
Employment Type Minimum Income
Salaried Individuals ₹25,000 per month
Self-Employed Professionals ₹3,00,000 per annum
Self-Employed Goldmen ₹4,00,000 per annum
How to Improve Eligibility
1
Maintain Good Credit Score

Pay all EMIs and credit card bills on time to maintain score above 750

2
Reduce Existing Debt

Lower your existing debt-to-income ratio by paying off other loans

3
Show Additional Income

Include all income sources like rent, investments, etc.

4
Add Co-applicant

Increase eligibility by adding earning family member as co-applicant

Documents Required for Gold Loan

Personal Documents
  • Aadhaar Card
  • PAN Card
Financial Documents
  • Bank Account Details

Gold Loan – Features & Benefits

Higher Loan-to-Value

Unlock more funds on your gold than most banks offer.

Better Interest Rates

Lower rates to keep your repayments light and easy.

Doorstep Service

Bank representatives visit your home, evaluate your gold, and process your loan instantly.

Frequently Asked Questions

You can borrow based on the purity and weight of your gold, usually up to 75–90% of its value.

You can request an extension, but timely repayment ensures you get your gold back without issues.

No, your gold is only kept as security and safely returned once you repay the loan.

Gold loans are processed within hours, sometimes even at your doorstep.

Only basic KYC documents like ID proof and address proof are needed.

Yes, funds can be used for emergencies, education, business, weddings, or any personal need.