Gold Loan Guide
Get instant cash against gold jewelry - same day approval and disbursal
Gold Loan Basics
A gold loan is a quick, collateral-based loan where you pledge your gold jewelry in exchange for instant cash. The loan amount depends on the purity and weight of gold.
Loan Amount
₹10,000 - ₹50 lakhs
Interest Rate
7-12% p.a.
Processing Time
Same day to 2 hours
Tenure
3 months - 3 years
Gold Loan Process
Visit Branch
Go to nearest gold loan branch with your gold jewelry
Gold Verification
Purity and weight verified by certified appraiser
Valuation
Loan amount determined at current gold rates (75-80% value)
Documentation
Simple form filling and verification (10-15 minutes)
Instant Disbursal
Cash or bank transfer within 1-2 hours
Gold Loan Eligibility
Age
18 years and above
Gold Type
22K/24K gold jewelry only (no gold coins/bars)
Minimum Weight
Usually 10 grams minimum
CIBIL Score
Not required (no credit check)
Documents
Only ID proof required
Employment
No employment check needed
Gold Loan Benefits
Instant approval (no credit check)
Quick disbursal (same day/2 hours)
Minimal documentation required
Flexible repayment options
Option to redeem gold anytime
Lower interest rates than personal loans
No hidden charges
Insurance coverage on gold