Gold loans are processed faster than other types of bank loans. On successful verification of gold weight & purity, the amount is instantly processed to your bank account. You can apply online.
Gold loans are instant secured loans. Neither income proof nor credit score eligibility is assessed.
Gold loans are available at as low as 7.50% p.a. For shorter tenure, effective interest rate will be much lower @ 0.62 % per month. You can opt for No EMI or interest only EMI with bullet repayment.
