What is Gold Loan?

  A personal loan is aA gold loan is a type of loan that helps you to come over a difficult situation when you need funds. A wedding in the family, a renovation of your house, repair on your four-wheeler, a gift to a loved one, a medical condition that needs immediate attention, higher education for your children, or a trip abroad. Gold loans come in handy as they can be availed within minutes of time without too many formalities and documentation all you need to carry is your KYC and Gold wither its Gold ornaments/jewelry, Gold coins, Gold bars etc. Even if you have a low CIBIL score or bad CIBIL or you are a CIBIL defaulter you can still avail this loan facility which just not help you to get quick cash but also improve your CIBIL score.

Who is Eligible for a Gold Loan?

You are eligible for Gold loan if you are:

  • • Salaried individuals .
  • • Self-employed professionals.
  • • Self-employed non-professionals or businessmen.
  • • Local Vendors.
  • • Contractors.
  • • Farmer.
  • • Housewife.
  • • Everyone age between 18 Years to 75 yearse.

What will be the maximum amount and the rate of interest of gold loan you can avail?

With us, you can apply for a loan starting at Rs 25,001. The maximum amount you can apply for is Rs 50,00,000 by mortgaging your gold as collateral.

  • • We can assist you to get the best rate of interest that is suited for your loan and does not dip into your monthly cash flow. The gold loan interest rates start from 9.99%, depending on your requirement and the volume of gold which you have.

How much EMI do you have to pay?

The EMI that you pay depends upon major of three factors the principal loan amount, the interest rate charged and the period for which the loan is taken and all these three factors depends upon your requirement and the gold which you have.

Gold Loan best loan for CIBIL defaulters. Why?

Gold loan is the best loan for CIBIL defaulters because the person who have done some written off in CIBIL, did settlement and having bad CIBIL with very low CIBIL score he/she can get gold loan easily and they get the loan in there bank account the very same day. All they need to carry is one identification proof, one current address proof and the gold which they want to give bank as collateral. Gold loan help the customer to improve CIBIL score.

Documents Required

  •   ID proof (PAN Card, Driver's license, Voter ID, Passport, Aadhar)
  •  Residence Address proof
  •  Passport Size Photo
  •  Gold