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FAQ
The amount for a loan against gold depends on factors such as the purity of the gold, its weight, and the prevailing market rates. We offer a certain percentage of the gold's value as the loan amount. You can use our online gold loan calculator or visit our branch to get an estimate based on the current market conditions.
If a gold loan is not repaid within the specified tenure, the lender has the right to auction the gold to recover the outstanding amount. It's crucial to communicate with the lender in case of gold loan repayment challenges, as they may offer alternative solutions to help you manage the loan effectively and avoid the auctioning of the pledged gold.
The documentation required to apply for a gold loan is generally minimal. You would need to provide proof of identity, address, and the purity and weight details of the gold being pledged. Standard documents include government-issued ID proof (Aadhar card, PAN card, etc.), address proof, to apply for a loan against gold. Our representatives can guide you through the specific document requirements.
Yes, obtaining a gold loan is usually a straightforward process. The loan is secured against the gold you pledge, making it less dependent on your credit history. The approval process is quicker compared to unsecured loans, and minimal documentation is required. Visit our nearest branch or apply for a gold loan online to experience the ease and efficiency of our services.