- Overview
- Our Partners
- Comparison
- FAQs
What is Gold Loan?
A gold loan is a secured loan where you pledge your gold (jewellery, coins or bars) as collateral to receive funds
- Loan amount – Starting from ₹1500
- Interest rate starting from 9.48% p.a.
- Tenure - 7 days to 3 years
How to Apply for Gold Loan
Begin your application from here and get started with these easy steps:
- 1 Enter your Name, mobile number, date of birth, required loan amount and pincode
- 2 Once you fill in the details, a loan representative will get in touch with you for further processing
Our Loan Partners
Bajaj Finserv
Muthoot Fincorp One
Rupeek
IIFL Finance
indiagold
Fedfina
| Partner | Starting Interest Rate (p.a.) | Minimum Loan Amount | Maximum Loan Amount | Maximum Tenure | Processing Fee |
|---|---|---|---|---|---|
|
9.50%
|
₹5000
|
₹2 Cr
|
12 months
|
0.20% of the Loan Amount (Min. ₹150 & Max. ₹1,000), inclusive of applicable taxes.
|
|
|
9.96%
|
₹1000
|
₹50 Lacs
|
12 months
|
₹0 to ₹250
|
|
|
9.48%
|
₹25000
|
₹1.5 Cr
|
12 months
|
up to 1% of loan amount, inclusive of applicable taxes
|
|
|
11.88%
|
₹20000
|
₹30 Lacs
|
24 months
|
₹0
|
|
|
10.20%
|
₹3000
|
No Limit
|
12 months
|
up to 1% of loan amount & applicable taxes
|
|
|
12%
|
₹50000
|
₹10 Lakhs
|
12 months
|
up to 1.25% of loan amount, inclusive of applicable taxes
|
*T&C Apply
• What is a gold loan?
A gold loan is a secured loan where you pledge your gold (jewellery, coins or bars) as collateral to receive funds
• Who can avail a gold loan?
Any citizen of India, between the age of 21 and 70 years, and is either a salaried or self-employed
individual, can apply for a gold loan.
• Can I prepay the loan amount?
This feature varies between each lender, where some allow you to pre-pay the loan amount with no
additional charges while others may levy a fee for this service.
• What will happen if I am unable to repay the gold loan amount?
In most cases, the lender will charge an overdue fee over the gold loan amount. However, if you’re still
unable to repay the amount, the collateral you’ve pledged will be auctioned.
• Is a guarantor necessary for a gold loan?
No, a guarantor is not required to avail a gold loan.
• Is my gold secured if I avail a gold loan?
Yes, the gold pledged by you as collateral would be highly secure with the lenders since the articles are
kept under electronic surveillance. Lenders also offer insurance for the gold deposited with them.