401-4th Floor,K.C.Complex,
Opp. Daulat Bagh, Ajmer (Raj)

1800-180-6014
1800-123-2090

Mon - Sat 10.00 - 18.00
Sunday CLOSED

Overview

What exactly is Gold loan?

Gold loan is a type of secured loan i.e. the loan is offered against collateral in the form of various types of gold jewellery or gold coins. You have to deposit your gold with the lender i.e. NBFC or bank and you get the deposited gold ornaments or coins back only after you have paid back the loan amount in full including interest. Gold loan business, being secure, features short processing times, a low interest rate and short to medium term tenure.

Merits/Pros

Faster processing

Lower interest rate

No processing fees

Safety of gold

Bad credit history not an issue

No income needed

Documents Required

Proof of individual’s identity (We also require same KYC of co-applicant)

ID Proof, (if any)

  • PANcard compulsion
  • Aadhar Card
  • Voter ID
  • Driving License
  • Passport Photo
  • KYC Proof

Residential Proof (any of two)

  • Ration Card
  • Electricity Bill (latest)
  • Water Bill (latest)
  • Landline Bill (last three months)
  • Bank Account Statement Copy
  • Property Photo
  • Registered Lease Agreement With Not Older Than 3 Months Utility Bills In The Name Of Landlord
  • Proof of land holding in case of agriculture loan of more than Rs. 1 lakh

(Relationship proof to be taken, in case of no separate residential proof available).

Note- Above mentioned terms & conditions may change from time to time as per company’s policy without notice.