In the need of urgent funding?
Gone are the days where you have to wait for weeks to get the loan sanctioned. Get an easy and quick gold loan against your gold ornaments and satisfy your immediate financial needs.
Secured
Gold loan, also known as a loan against gold, is a type of secured loan where individuals pledge their gold ornaments as collateral with a gold loan company. In return, the company provides a loan amount based on the current market value of the gold.
How does gold loan works?
The entire process of gold loan is quite similar to other secured loans. As per the evaluations, the lender sanctions the loan amount. As per the loan agreement, you pay off the principal amount along with the interest amount and get the pledged gold articles back.
Who can get gold loan?
Anyone who has gold can get a gold loan. It can be availed by any salaried professionals, businessmen, housewives, and even farmers. You don’t even need to have a good credit score to be eligible for a gold loan. So if you have a low credit score, you still have a chance to get funds, provided you have enough gold to pledge for it.
