Loan Amount
Up to ₹50 Lakhs
Interest Rate
Starting at 11%* p.a.
Loan Tenure
Up to 12 Months

Quick Gold Loan Disbursal – Fast, Hassle-Free & Secure

Unlock the value of your gold jewelry with a hassle-free and quick loan. Be it an emergency, a personal expense or a business need, Poonawalla Fincorp’s Gold Loan ensures you get instant Funds with minimal effort. Benefit from competitive interest rates, an easy online application, minimal paperwork and swift approval. Apply now and experience financial freedom with complete peace of mind!

Why Choose Poonawalla Fincorp

Up to 75% Loan-to-value
Competitive Interest Rate
Minimal Paperwork
Quick Approval
Flexible Repayment Tenure
Zero Hidden Charges
Well-distributed Network
Complete Safety & security of your Gold Jewelry

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for a Gold Loan

Meet our simple eligibility criteria to qualify:

  • Age: Between 21 and 65 years.
  • Citizenship: Indian.
  • Gold Purity: 18 to 22 Karat.

Documents Required for a Gold Loan

Submit just few documents:

  • KYC Documents

Interest Rate and Charges for a Gold Loan

Get the loan at attractive interest rates and minimal charges:

Interest Rate
Starting from 11% p.a.
Loan Amount
₹25,000 to ₹50,00,000
Loan Tenure
12 Months
Processing Charge
Applicable as per scheme with maximum cap of 1% of loan amount
Stamp Duty
At actuals as per state laws applicable from time to time.
Default Charges
6% per annum on outstanding loan amount
Notice Charges
INR 200/- + applicable taxes per notice
Foreclosure Charges
Within 30 days - up to 1% of loan amount + applicable taxes
Part Release Charges
Rs. 150/- + applicable taxes per transaction
Auction Charges
Rs.1500/- + applicable taxes
Safe Custody Charges
Rs. 5/-per gram of net weight per month, payable at the time of closure/foreclosure or renewal
Hidden Charges
Nil

Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf

*T&C Apply

Different Uses of a Gold Loan

  • Medical emergencies
  • Education expenses
  • Wedding cost
  • Home renovation & repair
  • Business expansion
  • Agriculture and farming needs

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

What is a Gold Loan?

A Gold Loan is a secured loan where you pledge your gold ornaments or jewelry as collateral to get funds for personal or business needs. The loan amount is based on the value of your gold. 

Who Can Apply for a Gold Loan?

Any Indian citizen, including salaried individuals, self-employed professionals, Farmers and traders and business owners, can apply for a Gold Loan. No income proof or credit score is required, making it an accessible financing option.
 

What is the tenure of the Gold Loan?

The tenure of Gold Loan is up to 12 months. Borrowers have the option to pay only interest component periodically and avail the rebate facility upon timely repayment. The principal amount can be repaid at the end of the tenure, providing financial flexibility.