Gold loans come with easy-to-meet eligibility criteria and documentation. They are offered at affordable gold loan interest rates and flexible repayment options.
Here are some more of the key features and benefits of getting a loan for gold:
Part-release Facility
You have the option to repay a portion of your loan and reclaim part of the pledged gold before the tenure ends.
High Loan Amount
You can secure up to 75% of your gold’s current market value, making it easier to access funds.
Flexible Repayment Options
Repay your loan through monthly, bi-monthly, quarterly, half-yearly, or annual payments based on your preference.
No Pre-closure Charges
You can repay or close your loan early without any additional fees.
No Credit Score Requirement
Your credit score is not a major factor in the approval process of loan on gold jewellery, so it is accessible to a wider range of borrowers.
*Disclaimer: Terms and conditions apply to the benefits mentioned above, and these may vary from one lender to another.