Access secure Gold Loans with no hidden fees and faster approvals! Unlock the value of your assets with ease.
Quick processing to meet urgent financial needs.
Simplified documentation for hassle-free application.
Flexible amounts to suit your diverse requirements.
Choose a plan that best fits your financial situation.
Your loan is backed by gold collateral, offering better terms.
Fast approval and disbursement ensures you get funds when you need them.
Loan value is based on your pledged gold, offering a wide range of options.
Access funds quickly without the need to sell your precious gold.
The secured nature of the loan typically leads to more competitive rates.
There are no restrictions on how you can use the disbursed loan funds.
Benefits Infographic
Read on to know the criteria required to apply for our Gold Loan.
Typically, borrowers should be 18 years or older.
You must own the gold being pledged as collateral.
The gold should meet the lender's purity standards.
Valid government-issued ID for identity verification is required.
Calculate your Equated Monthly Installment (EMI) using the Compound Interest formula:
EMI = [P * r * (1 + r)^n] / [(1 + r)^n - 1]
Where:
The fees and charges for gold loans typically vary by lender. Here's a general overview:
| Particulars | Charges |
|---|---|
| Loan Processing Fees | 0.2% to 0.6% of loan amount |
| Loan Cancellation | 1% |
| Stamp Duty Charges | As per actuals |
| Legal Fees | Nil |
| Penal Charges | Nil |
Other fees and charges that lenders may levy include documentation, verification, duplicate statement, NOC certificate, and swap charges.
JEET RAIKAR
"I went to Khatabook loan Andheri East branch and the employees are very friendly. They sanctioned the Gold loan within a couple of hours. The interest rates are very low, like government rules. It's timely and the service is really good. I had a good experience."
HEMANSHI VERNEKAR
"Khatabook loan helped me in getting an instant gold loan. With all my KYC documents in order, I went to HDFC Bank to deposit my gold and receive an instant disbursal. Great work by Khatabook loan. I received a loan at 3% and one thing to keep in mind is that your gold should be more than 18 carats."
KAREENA YADAV
"Through Khatabook loan, I have taken a gold loan with HDFC at a 4% rate of interest. An acknowledgment card would be provided with all the payment details and I get SMS alerts for renewal. Yearly once complete payment can be done or by paying interest rate I can go for renewal."
KRISH PAI
"Khatabook loan helped me in getting an instant gold loan. With all my KYC documents in order, I went to HDFC Bank to deposit my gold and receive an instant disbursal. Great work by Khatabook loan. I received a loan at 3% and one thing to keep in mind is that your gold should be more than 18 carats."