A GOLD loan is a secured loan where individuals pledge their gold jewelry, coins, or bars as collateral to obtain funds from a lender. It provides a quick and convenient way to access funds for various purposes such as personal expenses, business investments, education, medical emergencies, or debt consolidation. The loan amount is determined based on the market value of the gold pledged, and borrowers typically enjoy lower interest rates compared to unsecured loans due to the collateral involved. GOLD loans offer flexible repayment options and can be availed from banks, financial institutions, or specialized gold loan companies.
A GOLD loan is a secured loan where individuals pledge their gold jewelry, coins, or bars as collateral to obtain funds from a lender. It provides a quick and convenient way to access funds for various purposes such as personal expenses, business investments, education, medical emergencies, or debt consolidation. The loan amount is determined based on the market value of the gold pledged, and borrowers typically enjoy lower interest rates compared to unsecured loans due to the collateral involved. GOLD loans offer flexible repayment options and can be availed from banks, financial institutions, or specialized gold loan companies.
| Amount | Up to 5 Crore |
|---|---|
| Loan Tenure | 1 to 6 Years |
| Interest Rates | Low- Interest Rates |
| Eligibility Criteria | Loan Disbursal |
| Loan Disbursal | 4 to 5 Years |
interst rate 9.5 Get up to Rs. 2 crore starting at an interest rate of 9.50% p.a.
Term Loans
Working Capital Loans
Business Expansion Loans
Equipment Financing Loans
Invoice Financing & Bill Discounting
Age : Above 21 Years
Citizenship : Indian
Gold Quality : 18 karats of higher is accepted
Age : Above 21 Years
Citizenship : Indian
Gold Quality : 18 karats of higher is accepted
kyc Document
Proof of Ownship of Gold
Financial Documents
Moneyverss provides new-age customized financing products for your business needs
No minimum utilization charges
Digitized process
Ease of understanding
Customised offers and discounts
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