Loan that is sanctioned on accepting the gold ornaments or jewelry as a pledge. We have minimum documentation formalities with a lower rate of interest in comparison to other NBFC’s and Banks.
Please note that this should not be confused with loan given for purchasing gold.
Per gram of gold rate varies daily. Please contact call center for per gram rate.
We offer products starting from attractive rate of interest of 11.99% p.a. upto 22.99% p.a. depending on Loan Amount and Loan to Value %.
Bullet product with 3 months tenure wherein principal and interest is payable after 3 months.
Monthly product where the tenure is 6 months with a monthly interest payment.
EMI product where the tenure varies between 12 months to 24 months depending on the loan amount.
You will need to walk in on Bank Working Days between 10 AM – 5 PM to any of our branches. We have our branches in different states namely Andhra Pradesh, Karnataka, Tamil Nadu, Gujarat & Maharashtra.
We do not take any pre closure charge.
Starting from INR 10,000 to INR 25,00,000.
Aadhar Card and PAN card are the only documents required for applying for the loan.
Yes, instant cash upto INR 50k can be taken in Loan against Gold. For any amount higher than 50k, instant transfer is done to customer’s account.
As per RBI regulations, we accept upto 50 grams of Gold Coins issued by Other Banks.