How to get a loan against gold jewellery

A loan against gold jewellery, also known as a jewel loan, is a type of secured loan where you can borrow money by using your gold jewellery as collateral.

Like any other secured loan, a jewel loan is easy for you to avail with minimum eligibility criteria and simple documentation. Accessing financing is quick and easy because you just need to offer your gold as collateral.

With us, you can get high per-gram financing in the form of a jewel loan. When you need immediate funds, you can utilise the underlying value of your idle gold jewellery to avail of a gold loan.

You just need to follow a few simple steps to apply for a loan with ease.

Steps to avail a loan against gold jewellery

Step 1: Click on ‘APPLY’ to open our online application form.

Step 2: Enter your 10-digit mobile number and click on ‘GET OTP.’

Step 3: Submit the OTP to verify your identity.

Step 4: Select your state and city to find the branch nearest to you.

Step 5: Enter your full name and date of birth as per your PAN.

Step 6: Set up your appointment at our branch.

Once done, you will receive a call from our representative to confirm your appointment and guide you on the next steps.

Features and benefits of jewellery loan

• High loan amount: You can easily meet any planned or unplanned needs with a high-value gold loan of up to Rs. 2 crore. You can avail up to 75% of your gold’s value as the loan amount.
• Accuracy and transparency: During gold jewellery evaluation, you can rest assured of accuracy and transparency in the evaluation of your jewellery. We utilise industry-grade karat metres, so you get the right financing value for your gold.
  
• Convenient repayment: You can choose from a range of repayment options to suit your budget. You can pay interest monthly, bi-monthly, quarterly, half-yearly, or annually as per your convenience. Please note that the principal amount and pending interest, if any, will be due for payment at the time of loan maturity.
  
• Facility for partial release: Should you need a part of the pledged ornaments midway, there is an option to avail the partial release of the gold items but after you repay the equivalent amount.
  
• Prepayment options: You have the option to part-prepay or foreclose your loan account anytime before the end of the tenure at no additional cost.
  
• Free insurance of pledged gold: We offer free insurance of the pledged gold, which covers it against theft, fire, and other natural calamities, providing added protection. Your gold ornaments are kept in highly secure vaults under 24/7 surveillance.
  

Jewel loan interest rates and charges

You can get access to the necessary funds by pledging your gold jewellery and repaying the interest at competitive jewel loan interest rates.

Keep a check on the gold market rates and inflation rates to time your financing properly. Arrange all necessary documents before applying for the loan against jewellery to experience hassle-free processing of your application.