- Fill out the online application form: Visit our website and complete the form with your details.
- Book an appointment: Schedule a visit to your nearest gold loan branch for the physical evaluation of your gold.
- Verify your KYC documents: On the appointment day, bring your gold jewellery and KYC documents for verification.
- Jewellery assessment: The branch will evaluate your gold jewellery’s purity and weight. Based on the evaluation, your loan amount will be determined.
Once the evaluation is complete, the loan amount is transferred to your bank account in as little as 48 hours*. This streamlined gold loan procedure ensures quick and efficient access to funds.
Calculate your gold loan amount
You can use our online gold loan calculator to estimate the loan value and interest payable.
Things to consider before applying for a gold loan
Before you start the gold loan process, it's essential to consider a few key factors. First, check your gold's purity and value, as this directly impacts the loan amount you can secure. Next, check the gold loan interest rates and tenure options to determine the best fit for your needs using our gold loan calculator. Understand the loan-to-value (LTV) ratio to gauge how much you can borrow against your gold jewellery. Lastly, ensure your gold loan documents are in order. Planning your financial choices beforehand ensures a successful gold loan journey.
Features that make the gold loan process quick and easy
The gold loan process is quick and easy due to several factors:
- Minimal documentation: You just need to provide your basic KYC documents, primarily focusing on verifying your identity and assessing the purity and weight of the gold you are pledging.
- Secured nature: Since gold loans are backed by the gold you provide as collateral, lenders can process your loan faster, knowing they have security against the borrowed amount.
- Quick disbursem*nt: With minimal documentation and the security of your gold, lenders can swiftly approve and disburse the loan amount to you, often within a few hours of application.
- No credit check: Gold loans typically do not require a credit check. This means your credit history won't slow down the process, making it faster and more accessible for you to get the funds you need.
More details
You can qualify for a gold loan easily, as long as you are within the eligible range, and you have 18-22 karat gold jewellery. You do not need to have a high CIBIL Score to apply for this loan, as you are providing your gold jewellery as collateral.
You can only submit gold jewellery as security against this loan. We do not currently accept gold coins, bars, idols, utensils, or any other items as collateral.
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