A gold loan is backed by gold. It is a secured loan in which the lender gold items as collateral, such as jewellery, ornaments etc. The borrower is issued a loan with this gold as security. A gold loan can be used instead of a personal loan when borrowing money from a financial organization.

1.​What is the least and most we can borrow?

The amount of money a person can borrow against a gold item varies depending on the lender. We offers gold loans ranging from Rs 1000 to Rs 15 lakhs. We have increased the loan-to-value ratio from 75 percent to up to 80 percent through its regulatory statement.

2.Foreclosure of gold loan

Whether you have a gold loan with an EMI repayment plan or a gold loan with a bullet payment schedule, you have the option of paying the full amount owing before the loan term finishes. However, gold loans usually carry a pre-closure fee, But we don’t have any kind of charges.

3.What are the documents required?

To get a gold loan, you need to produce a number of documents to us. Your identity proof (PAN, Aadhaar, etc.) and proof of address (Aadhaar, passport, Voter-ID card, etc.) are usually required, as well as your photograph. Any additional documentation that may be required varies across lenders.