A gold loan is nothing but a secured loan with which you can opt for the required loan amount against your jewellery, gold coins and bars at lowest interest rates.
Features & Benefits :
Gold loan is similar to personal loan in meeting your immediate financial requirements, be it an international education, marriage expenses, covering medical emergencies or any other personal use.
Gold Loans is available for tenures starting from 3 months up to 24 months.
For a gold loan, applicants should be individuals aged above 18 years and should have gold that needs to be pledged with the Bank.
Part payment of Loan can be done. However, the gold ornaments pledged with Bank will be released only after the entire outstanding amount is repaid.
Gold Loan is disbursed within 1 Hour. This is however, subject to the verification of gold and other documents that you submit, Approvals are at the sole discretion of the Bank.
