Filters
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Kotak Mahindra Bank 8.50% 0.50% + ST 300000 - 300000000 3-20 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
PNB HOUSING FINANCE LTD 8.6%-8.95% 10,000/0.50% + ST 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
HDFC LTD 8.35%-8.95% 0.50%/Rs 3000 + Tax 500000 - 50000000 5-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
DHFL 9%-9.75% 5,000 to 20,000 One time fee 300000 - 300000000 5-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
ADITYA BIRLA FINANCE 8.55% - 8.99% 5,000 to 10,000 One time fee 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
LIC HOUISING FIANANCE 8.15% - 8.19% Upto 0.50% 300000 - 300000000 5-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
State Bank of India 8.35% 10000+GST 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
INDIABULLS 8.40%-10.05% Up to 0.5% One time fee 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Axis Bank 8.35%-11.75% 0.50% (min. ₹10000) 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
SHRIRAM Housing Finance 12.5% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Bank of Baroda 8.35%-9.35% 7,500 to 20,000 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
HDFC Bank 8.35%-8.60% 0.50%/Rs 10,000 + ST 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
ICICI Bank 8.40%-8.85% 0.5% (max 11,800)One time fee 300000 - 300000000 5-20 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Yes Bank 9.25% 0.25% 300000 - 300000000 1-25 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
IDBI Bank 9.30% 0.25% 300000 - 300000000 1-25 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Union Bank of India 9.50% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Indian Bank 9.55% 0.25% 300000 - 300000000 1-20 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Vijaya Bank 9.65% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Federal Bank 9.68% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Reliance 9.75% 0.25% 300000 - 300000000 1-30 Years Eligible Documents

Overview

Gold Loan

Gold loan is the fastest way to get funds for personal or business requirements. It offers loan against gold which will help to meet your financial need. Gold is a type of secure loan which is one of the safest and most liquid forms of commodity. You have to deposit gold with the NBFC or bank and you will be getting it back after you have paid back the full loan amount including interest.

The amount of loan will depend upon the value of gold you have surrendered. The value of the gold will be checked before the bank or NBFC deposit gold. So, why to keep gold in a locker, unlock the power of your gold without selling it.

Gold loan does not depend on your credit history or income, so you don’t need to worry about your adversely impacting your credit score rating or scramble for profits proofs for loan approval. With minimum documentation and secure storage, gold loan is the best funding option to meet your financial needs.

FAQ's

Q. What types of gold products are accepted as collateral for a gold loan?

Ans. All types of gold jewelry including bangles, necklaces, rings etc are accepted as security. If gold ornament contains other materials, i.e. gems, then value of the other attached materials will not be considered and your loan amount will be based on the value of gold weight.

Q. Gold loan can be prepaid before the tenure ends?

Ans. Yes, Gold loan can be prepaid before the tenure ends. Prepayment penalty varies lender to lender.

Q. What will happen to the gold which I have collateral?

Ans. Your collateral gold will be deposited with banks or NBFC, where it will be kept with high security. You will get your gold collateral after you have paid back the complete loan principal plus interest.

Q. Will I get a Gold loan if I don’t have a decent credit score to get a loan.

Ans. Yes, you will get a Gold loan in this case.

User Reviews

Harpal Singh, Aurangabad

Great Service

This website showed me low interest rate for gold loan, which was very helpful. I selected the best bank with low interest rate. I have seen gold loan schemes from other websites but their processing fees and rate of interest is very high. I am thankful to myfundbucket.com for processing my gold loan quickly.

Mumtaz Shaikh, Hyderabad

Great Service

Myfundbucket.com is a very good website. This site was my first choice for credit card selection so I had taken gold loan from here. Their service is good and the bank which they showed offers low interest rate. Because of their service I have recommend this website to my relatives and friends.

Anil Patel, Mumbai

Helping Hand

My friend referred me this website for gold loan. First time experience using this website is very good. The banks which they suggested are highly secure to keep gold and get loan. Their customer service people are humble and helping. Myfundbucket.com is one of the best stop to get gold loan.