Gold Loan

The advantages of our gold Loan

  • You can quickly convert the loan into cash
  • No need to show proof of income
  • These gold loans do not call for a guarantor
  • CIBIL score is not a factor in pricing
  • Low paperwork and quick processing
  • Security of your gold items

What are the documents required for a gold loan

The following are the documents required for a gold loan in India:

  • Proof of identity– This could be a PAN card, Aadhar card, Driving license, voter’s ID card, or passport copy.
  • Proof of address– This could be either Aadhar card, Driving license, voter’s ID card, passport copy, Landline bill/postpaid bill/water bill/ electricity bill, or rent agreement (along with the most recent owner’s electricity bill)
  • Two recent passport-size photos

Eligibility for a Gold Loan

Take a look at the list below:

  • Using gold jewellery as collateral allows anyone between 18 to 75 to apply for a gold loan.
  • The candidate must reside in India.
  • The self-employed, business owners, professionals, farmers, and traders are all eligible for gold loans.
  • Possess the identification and address proof documents. A certificate of land ownership or any documentary proof is necessary in the case of a farming loan.
  • Since the list of eligibility requirements above is only a broad overview, it is always better to visit the websites of your borrower to determine the precise requirements for a particular bank or institute.