Gold loan

It is a Loan against Gold. It is a secured loan which is provided to customer by taking their gold as a pledge to the loan. The loan amount sanctioned depends on the market value of the gold deposited for taking the loan.

Gold is a very precious metal and in India as every household is very much fascinated with it. Everyone has Gold as per his financial status.

Loan against gold is like unlocking the commercial potential of gold. The loan value solely depends on the value of the gold excluding value of any stones or gems in that ornament.



Documents required

Foreclosure Charges

A Very nominal charges ranging from INR 0-300 depending upon the loan value, will be charged for repaying the loan earlier than 3 months.

Part Payment

Loan can be repaid partly as per the availability of funds. And partial gold can be released after making the payment of required amount.

Gold Auction

In case of any default on the payment of the loan, the lender has the right to make auction of the gold only after giving a sufficient notice to the borrower.