Turn Gold into Opportunity
Unlock the value of your gold with Bharatloansapp Gold Loans, offering quick, secure, and flexible financial solutions for your needs
Apply For Gold Loan
Gold Loan
Gold Loan
Apply for a loan against gold in Mohali by pledging gold ornaments in safe hands with a minimal interest rate. We also accept gold coins sold by banks. Apply now!
Benefits of Gold Loan
- Secured Loan: The bank keep your gold safely under security
- Rapid Processing: Instant approval and payment.
- Flexible loan amount based on the value of the pledged gold
- Quick Liquidity: Get money without having to sell gold.
- Reduced Interest Rates: Competitive rates are a result of their secured nature.
- Flexible Use: There are no limitations on the uses of loan value.
Gold Loan Calculator
Gold Loan Eligibility and Documents
Call to know the criteria required to apply for our Personal Loan
Gold Loan Eligibility Criteria
- Age: Typically, borrowers should be 18 years or older.
- Ownership: You must own the gold being pledged.
- Gold Quality: The gold should meet the lender's purity standards.
- Identification: Valid government-issued ID for identity verification
Documents required to apply for Gold Loan
Identity Proof – Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card
Proof of Residence or Address Proof – Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card, Electricity Bill, Telephone Bill, Ration Card
Age Proof – Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card
Income Proof – 1 year Bank statement, 3 months Salary Slips
Employment Proof – Employment Certificate, Office address proof
GST or VAT Registration for Self-employed
Photograph – Passport-size photographs
Business proof – Business registration documents such as a partnership deed, Memorandum of Association (MOA), Articles of Association (AOA), etc.
Income tax returns – Documents of the past 2-3 years to verify income and tax payment history
Client's words
Connect with us to help you make your financial decisions right and smart.
I was in urgent need of a home loan, and Bharatloansapp came to my rescue. Their expert guidance and seamless loan processing made the entire experience stress-free. I'm now a proud homeowner, thanks to Bharatloansapp!
FAQ
A gold loan is a type of secured loan where you pledge your gold jewelry or assets as collateral to borrow money. You repay the loan with interest.
We offer various gold loan options, including short-term and long-term loans, as well as customized solutions to meet your financial needs.
Applying for a gold loan is simple. You can visit our branch or apply online, and our experts will guide you through the process.
Eligibility for a gold loan is primarily based on the quality and value of the gold you pledge as collateral. Credit history is generally not a factor
Typically, you need to provide identity proof, address proof, and documents related to the gold being pledged, such as its purity certificate.
LTV ratios can vary, but it's common to get a loan for up to 70% to 80% of the gold's appraised value.
Gold loan interest rates are typically fixed, but it can vary among lenders.
Yes, you can prepay your gold loan without penalties. The interest is calculated only for the period you used the loan.
If you're unable to repay the loan, the lender will auction the gold. However, they will usually provide a grace period and notify you before auctioning.
Your gold is securely stored in a designated vault while it serves as collateral. It's insured and protected during this time.
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