Explore Your Options
Get the Gold To Achieve Your Goal!
Are you in need of capital without selling your assets? Do you need money right away? Look no further than your gold as collateral. At Upniva, we provide the best gold loans online. All it takes is a few minutes of your time and you will have a loan approved by one of the best lending platforms.
India Gold Loan
MINIMUM SALARY
18000/-Per Month 20000/-
RATE OF INTEREST
18% to 22%(Reducing)
PROCESSING FEES
1% to 3%
CIBIL SCORE
700+
LOAN AMOUNT
Rs.50k to 10 Lac
IIFL Gold Loan
MINIMUM SALARY
25001/-Per Month
RATE OF INTEREST
25% to 30% (Reducing)
PROCESSING FEES
6% To 8%
CIBIL SCORE
625+
LOAN AMOUNT
Rs.50k- to 10 Lac
| Bank Name | Rate of Interest | Processing Fees | Loan Amount | Apply Now |
|---|---|---|---|---|
| India Gold Loan | Starting at 0.49% per month* | NIL | Fresh min 20000 & BT min 50000 | Apply now |
FAQs
- A gold loan is a type of secured loan where you can borrow money by pledging your gold ornaments or coins as collateral with a lender. The lender provides you with a loan amount based on the value of your gold.
- The value of your gold is determined based on its weight and purity. Lenders use a standardized method to assess the purity and weight of the gold items you pledge.
- You can use a gold loan for various purposes, including funding personal and business expenses, medical emergencies, education, and more. It is a versatile form of financing.
No, your credit history is generally not a significant factor when applying for a gold loan. The loan is secured by your gold, so lenders are less concerned about your credit score.
If you cannot repay the loan, the lender has the right to sell the gold you provided as collateral to recover the outstanding amount. It is essential to make timely repayments to avoid losing your gold.