A gold loan is granted to you when you give gold jewellery as collateral to the lender. The amount of loan is usually a percentage amount, up to 75% of the value of the pledged gold. You are required to repay the loan in instalments. Once you repay the loan, plus the interest amount, you will get your gold back.

  • Loan amount from Rs 50,000 onwards

  • Instant funds

  • Low Interest Rates

  • Quick and Efficient Servicing

  • Complete Transparency

  • Indian’s love for gold in known to the world. We are the biggest importers of gold in the world.
  • Gold is not only the store of value but has also seen good amount of capital appreciation over the decade. But did you know that you can use this gold to fund your emergency cash requirements such as medical emergency, child education, business expansion, down payment for the purchase of vehicle and holiday with your family.
  •  If you are in a dire situation and need cash urgently, you can utilize the ideal gold lying in your locker to fund the emergency cash requirement.
  • Faster processing: – As the gold loans are backed by physical gold, the bankers are generally more than happy to give loan.  Lending against gold is safe for the banks as they have the option to sell the gold in case you default, therefore banks generally disburse the loan in few hours.   This is because the processing time is less.
  • Option to pay interest only: – Gold loans have a unique feature where the borrower has the option of paying just the interest part and the principal amount can be paid at the time of the closing of the loan
  • Safety of gold: – The onus of the security of the gold lies with the lender. It will remain safe in its vault, you don’t have to worry about that. After you repay the loan you will get your gold back.

Loans aginst gold FAQ

As the name suggests this is the loan given against gold. It’s a secured loan that enables borrowers to pledge their gold in lieu of a cash loan. It enables people to utilize their gold assets instead of storing them in lockers. Customers usually go for this loan for short period to meet the requirement of their children’s education, marriage and other financial problems in the family.

The interest rate on your gold loan varies from one lender to another. Please enter your details on our Gold Loan eligibility page and view gold loan offers offered by various banks and private institutions.

The loan approval process for gold loan is very fast. If your application meets all the requirements, it takes just an hour for the loan amount to be disbursed.