Overview
Gold Loans are instant secured loans where you pledge your gold ornaments with a bank or NBFC in exchange for cash. The gold is kept safe in secured vaults and returned upon repayment.
Features & Specifications
- Disbursement in 30 minutes.
- Highest loan-to-value (LTV) rates.
- No CIBIL score required.
- Interest rate charged only on outstanding amounts.
Interest Rate
9.00% - 16.00% p.a.
Processing Fee
Flat Rs. 200 - Rs. 1,000
Eligibility Criteria
- Indian Resident.
- Age: 18 to 70 years.
- Must possess gold ornaments of 18 to 22 carats.
Documents Required
- Identity Proof (PAN/Aadhaar/Voter ID).
- Address Proof (Aadhaar/Utility bill).
- No income proof required.
Key Benefits of Applying via Loan Sahyog
- Instant liquidity.
- Safe custody of gold.
- Flexible repayment options (bullet, monthly interest).