Gold Loan in Gurugram

Situated in the National Capital Region, near the Indian national capital New Delhi, Gurgaon is a city of industries and the corporate. In past couple of decades, the city has witnessed rapid urbanization as a consequence of massive multinationals entering the area. The city retains the place of being 3rd in per capita income in the country.

What is Gold Loan in Gurugram?

Gold loan is a form of personal loan which is aimed at financing any kind of short-term financial needs without disclosing the purpose of the same. Loan against gold is secured in nature which means it requires collateral security i.e. gold jewelry/ ornaments in this case. Many banks and NBFCs offer gold loan in Gurgaon. Loan on gold is one of the best solutions for financial emergencies, for which you need not to depend upon others.

You don’t even require any guarantee. All you need to do is just get your gold pledged with the bank. The purpose of the gold loan online can be any, like funding educational expenses, down-payment for other loans, holidays, expansion in business, medical expenditure, agricultural needs, etc.

Loanbaba Gold Loan in Gurgaon

Some of the loan against gold to look for in Gurugram are: Kotak gold loan, HDFC gold loan, Axis gold loan, Muthoot gold loan, and gold loan Manappuram besides others. At, you can know the best gold loan provider in Gurgaon and gold loans interest rates in Gurgaon.

Documents for Gurgaon Gold Loan
  • Application for gold loan in the prescribed format of the bank/ NBFC, duly filled up by the applicant.
  • Passport size photographs of the borrower- 2.
  • Identity proof and address proof.
Eligibility Criteria for Gurugram Gold Loan

The applicant needs to be at least 21 years of age at the time of application for such a loan. Secondly, the applicant should be possessing gold with him so that loan may be granted to him/ her based on the value of gold pledged.

Features and Benefits of Loan against Gold in Gurgaon
  • Attractive interest rates
  • Full repayment at the end of loan- the banks offer you to pay the interest portion regularly, however the principal amount can be repaid in lump-sum at the time of conclusion of loan period.
  • Quick disbursement of loan
  • Easy and convenient documentation

Safety of jewelry and ornaments