Gold Loan
Quick funds against your gold jewellery or coins — usually the fastest loan to get, and among the most accessible whatever your CIBIL score.
A gold loan lets you borrow against gold jewellery or coins you already own, and it’s typically the quickest loan type to get approved — often within hours — because the gold itself is the security. It’s a common choice when funds are needed urgently, whether for a medical emergency, a business need, or simply bridging a short gap.
Because the collateral does most of the work, gold loans are also one of the most accessible options if your CIBIL score is on the weaker side — lenders focus far more on your gold’s value and purity than on your credit history. With 90+ banks and NBFCs on our panel, we help you find competitive terms and a lender you can trust with your gold.
Who it suits
- Anyone who needs funds urgently and owns gold jewellery or coins
- Applicants with a lower or thin CIBIL score, since the gold itself secures the loan
- Short-term borrowers who plan to repay and reclaim their gold quickly
Eligibility
- You must own the gold being pledged (18–22 karat jewellery/coins are typically accepted)
- Minimal income documentation compared to other loans
- Age typically 18+ years
- CIBIL score is often not the deciding factor, given the collateral
Documents you'll need
- PAN card and Aadhaar card
- The gold ornaments/coins to be pledged
- A passport-size photograph
A quick sense of the EMI
For example, ₹2,00,000 over 5 years at an indicative 11% works out to about:
₹4,348/month
Indicative only — your actual EMI depends on the amount, tenure and rate you're offered.
Try the full calculatorCommon questions about gold loan
How is the loan amount decided?
Primarily by the current market value and purity of your gold, and the loan-to-value ratio the lender offers against it — not your income or CIBIL score in most cases.
Is my gold safe with the lender?
Reputable banks and NBFCs store pledged gold in secure, insured vaults and return it in full once the loan is repaid. We only work with recognised, licensed lenders.
What happens if I can't repay on time?
Lenders typically offer a grace period and the option to renew or partially repay. If a loan genuinely goes unpaid for an extended period as per the agreement, the lender may auction the pledged gold to recover dues — which is why it's worth discussing a realistic repayment plan with us before you borrow.
Can I get a gold loan with a low CIBIL score?
Yes, in most cases — since the gold itself secures the loan, your credit score matters far less here than for a personal loan.
Ready to talk about your gold loan?
Tell us your need and we'll match you to the right lender from our panel of 90+ banks & NBFCs.