Trusted Banks For Gold Loans Services
What is a Gold Loan?
What is a Gold Loan?
A Gold Loan, also called a loan against gold, is a secured loan where your gold jewellery works as collateral or security. You can apply for a gold loan from any bank and financial institution in India. The value of the loan amount depends on pledged gold items, their purity, and weight. Gold loan interest rates are generally lower compared to other instant loans like personal loans.
Gold loans are an excellent solution for individuals and MSMEs to address both immediate and long-term financial needs. One of the key advantages is that you can secure a gold loan even with a low CIBIL score or limited credit history, making it a fast and accessible way to raise funds.
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Smart Gold Loan Calculator
Calculation based on latest gold value / gm (Rs 4900 for 22 KT)#
Gold required
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Get a loan against gold with SahiBandhu easily
Enter your mobile & verify with OTP to apply for jewel loan.
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SahiBandhu Officer will contact and visit your location for gold loan application.
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Gold appraisal & documentation will be done in front of you.
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Your gold loan will be approved and disbursed within 30* mins.
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Your gold is safely insured while taking gold loan from SahiBandhu
Raise a request and schedule a visit
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SahiBandhu officer will accompany you to our partner bank
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KYC and gold assessment
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Instant loan disbursal
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FAQs
What is a Gold Loan ?
- Gold loan, also called loan against gold, is a secured loan taken by a borrower by pledging their gold articles (within a range of 18-24 carats) as collateral.
- The loan amount provided is a certain percentage of the gold, typically up to 75%, based on current market value and quality of gold.
What are the benefits of taking gold loans from SahiBandhu?
- Instant loan across the table.
- Attractive interest rates.
- Multiple payment options and tenures.
- Simple & easy documentation.
- Wide range of products.
- Complete safety of gold deposit.
- Get personal assistance.
Who is eligible to avail a gold loan?
- Indian resident and citizen.
- 18 to 70 years of age.
Is CIBIL required?
No. Gold Loans require you to provide gold as collateral, which is a liquid tangible asset. Even if you have a low credit score, banks are likely to give you a loan because your gold acts as a security and shields them from the risk of default.
What are the documents required for a gold loan?
- Passport size photograph.
- ID Proof - Driving License / PAN Card / Form 60/61 / Passport Copy / Voter ID Card / Aadhaar Card / Ration Card. (Any one document needs to be submitted).
- Address Proof - Driving License / Voter ID Card / Ration Card / Aadhaar Card / Passport Copy / Registered Lease Agreement with utility bills in the name of landlord (not older than 3 months).
- Proof of land holding in case of agriculture loan.
What makes Sahibandhu Best Gold Loan Platform?
Rs 15,000+ Cr
Worth of loans disbursed
3,80,000+
Happy customers
640+
Districts covered
#1
Largest network in the country
9,780+
Bank branches covered
12,450+
PIN codes covered
