INDIAGOLD
Gold Loan
Get a gold loan online from indiagold at an interest rate starting at just 10.68% in Delhi NCR, Indore, Hyderabad, and Surat. The borrowed amount can be repaid in a flexible tenure of 6 to 12 months. Customers can go for a renewal too, if they want to extend the tenure.
indiagold Gold Loan Details
| Loan amount | Depends on the loan requirement & gold’s value |
|---|---|
| Interest rate | 10.68% to 19.8% p.a. |
| Tenure | 6 to 12 months |
| Gold purity | 18K & above |
| Operation cities | Delhi NCR, Mumbai, Chennai, Indore, Hyderabad, & Surat |
| Processing fee | Nil |
| Foreclosure charges | Nil |
indiagold Gold Loan App
indiagold is a mobile-based app that provides instant gold loans and secure gold locker services in Delhi NCR, Surat, Indore, and Hyderabad. indiagold’s gold loan and locker services will soon be available all over India. The indiagold app is trusted by more than 10 Lakh customers. Apart from applying for gold funding, you can also purchase 24k digital gold and gold coins and invest in 24k gold through the indiagold app. The app can be downloaded on Android & iOS mobile devices.
indiagold Loan Interest Rates
The indiagold loan interest rates vary depending on the scheme availed of by the borrower. Following are the details of interest rates:
Loan below Rs. 2 Lakhs: Interest rate varies from 15% to 19.8% p.a., and the repayment tenure ranges from 6 to 12 months.
Loan between Rs. 2 Lakhs to Rs. 5 Lakhs: Interest rate varies from 13.8% to 19.8% p.a., and the repayment tenure ranges from 6 to 12 months.
Loan above Rs. 5 Lakhs: Interest rate varies from 10.68% to 19.8% p.a. and the repayment tenure ranges from 6 to 12 months.
Benefits of indiagold Gold Loan
- Low interest rate starting at just 10.68%.
- Highest rate per gram.
- Zero processing fee and foreclosure charges
- Rebate on timely payment.
- Minimal documentation requirement.
- Availability of loan at home service.
- Top-up loan available.
- Instant and smooth loan processing with instant money transfer.
- Gold loan balance transfer facility available lets you save up to Rs. 12,000 per Lakh
How to Apply for indiagold Gold Loan?
You can apply for a gold loan at indiagold company in just 3 easy steps as mentioned below:
Raise a request: Visit the official website or mobile app of indiagold and click on the “Apply Now” button. You would need to fill in your mobile number and PIN code. After clicking on the “Submit” button, a Relationship Manager will contact you to answer any queries you have. On your confirmation, they will schedule a visit of a Loan Manager who will arrive at your given location for loan processing.
Process the loan from your home: When the Loan Manager arrives at your location, you have to confirm the 6 digit OTP with them. The Loan Manager will answer all your queries and fill the loan application form for you. After the form is submitted, the approved loan amount is transferred to your bank account instantly.
Gold is deposited in secure vaults: The gold ornaments mortgaged by you are then safely deposited in secure lockers till the maturity of your loan tenure. During this period, your gold is kept safe and you also get free gold insurance from New India Assurance Co. Ltd. without paying anything for this. Whenever you want to close your loan or complete your instalments, the mortgaged gold is safely delivered back to you at your location.
Eligibility Criteria for indiagold Gold Loan
Gold purity should be 18k or above.
The services of indiagold are restricted to customers aged 18 years or older.
Document Required for indiagold Gold Loan
When the Loan Manager arrives at your location, you have to provide the following documents to start your loan application:
- Identity proof such as Aadhaar Card, Passport, PAN Card, Voter ID, or Driving License.
- Address proof such as Aadhaar Card, Driving License, Voter ID, Passport, Utility Bill (Phone, Electricity, Gas, Water, or Broadband, etc.), or Lease Agreement of local address ( with the same address mentioned in your utility bill if your permanent address is different from the current residential address).
- Form 60 or PAN Card.
- Your recent photograph.
- If you are shifting your loan from an existing lender to indiagold for better rates or higher loan amount, you are also required to submit the Pledge card (which is a letter issued by your current lender of the existing gold loan) with details of ornaments that you have pledged