Loan against Gold FAQs

Gold, one of the most prized possession of Indian women, is a very handy material for availing urgent business needs. This loan can be taken without much hassles.

Any individual in the age group of 18 years to 70 years can avail gold loan.

Loan upto a maximum of Rs.20 Lakhs can be availed.

Maximum tenor upto 48 months. However, this differs from one institution to another.

The loan is granted upto 60% of the value of the gold (Valuation as per respective bank’s norms)

Interest rates are generally between 12% p.a. - 18% p.a. These rates differ from one institution to another.

The jewellery is generally owned by the borrower or near family members