+91 93945 93945
Gold loan loanonmind

Eligibility Criteria

  • Age : 18 years and above
  • Profession : Any individual (singly or jointly) with Steady source of income including: Bank’s Employees, Pensioners. (No Proof of income required)
  • Documentation Required

    To Apply Loan

  • Application for Gold Loan with two copies of photographs.
  • Proof of Identity with proof of Address
  • Witness Letter in case of illiterate borrowers.
  • Time of Disbursement

  • DP note and DP Note Take Delivery Letter.
  • Gold Ornaments Take Delivery Letter.
  • Arrangement Letter.
  • “Get true Value for your Gold to fulfill your needs!!!” Apply Now

    Frequently Ask Questions

    A loan taken against your on gold or jewellery is known as a Gold Loan. When you hand over your gold to the bank in return of a specific amount is classified as a Gold Loan. It is a quick and straightforward process to obtain funds against your gold with minimal documentation at competitive Gold Loan interest rates with flexible tenures.

    An Indian Resident between the age of 21 and 60 years who is a businessman, trader, farmer, a salaried or self-employed individual is eligible to apply for a Gold Loan through LoanOnMind.

    The list of documents required if you wish to apply for a Loan against Gold with LoanOnMind are:

  • One Passport Size Photograph
  • PAN (Permanent Account Number) Card (together with any of the below
  • mentioned documents) or Form 60
  • Passport (Not expired)
  • Driving license (Not expired)
  • Voters’ ID Card
  • Aadhaar Card issued by UIDAI
  • Agri Allied Occupation Documentation( in case of bullet repayment for agriculture customers)
  • In the situation of a Gold Loan non-repayment , the bank begins with sending reminders via email and texts to intimate the borrower regarding EMI payment. After a stipulated period certain penal charges or interest rates are levied on the Gold Loan amount. Eventually, if the Gold Loan amount is not paid after repetitive follow-ups over the due course stipulated by the bank, the bank will proceed to sell or auction the gold ornaments and repay the loan amount.

    Want to know more?

    EMI Calculator


    EMI Calculator

    Loan EMI

    ₹ 2,49,595

    Total Interest Payable

    ₹ 3,49,02,802

    Total of Payments
    (Principal + Interest)

    ₹ 5,99,02,808