Skip to content

Gold Loan Karanjia

Gold Loan @ 7%

Apply & Get Instant Money

When a customer deposits gold as collateral for taking a loan, it is known as a gold loan. The bank uses the gold as security against potential payment default by the customer. The loan amount sanctioned is a certain percentage of the value of the gold that has been pledged.


Gold loan Karanjia Interest Rate

This loan is available at very easy rates of interest, and the interest rates are less than that of a personal loan or home loan. The interest rate of the gold loan is 10.75% p.a and up to 25% p.a. Different banks, financial institutions, or NBFCs offer different interest rates.


Gold Loan Karanjia Eligibility  Criteria

Firstly, the applicant should lies between 18 to 70 years of age.

Foremost, the borrower who has more than 10 gm of gold to invest can apply for gold loan.

The applicant must be an Indian resident.

The bill of gold, which is to be pledged, should be in the name of the applicant or any family member.

Documentation for Gold Loan Karanjia

Certain necessary documents are:

Identity Proof: Pan card, Voters Card, Driving License, Passport, Aadhar Card.

Address Proof: Aadhar Card, Ration Card, Bank Statement (ACTIVE), Electricity Bill, or telephone bill of the previous three months on the name of the applicant, Passport Copy of a borrower.

Two copies of Photographs of the borrower.

Why Gold Loan Karanjia?

Firstly, it is a type of secured loan.

It has a low-interest rate in comparison to a personal loan or any other loan.

Income proof is not required to get loan approval.

Safety of ornaments is available.


Procedure Gold Loan Karanjia

Firstly, visit

After that, the applicant fills the application with the required information.

But the applicant should fill the contact number.

After that, the applicant gets a call from our side if he/she is eligible.


Is Gold Loan secured

Yes, it is essential to note that the gold loan comes in the category of secured loans. Because in a gold loan, the customers put their gold ornaments into the bank’s locker as security or as collateral. If the customer is unable to return the gold loan on time, then the bank is liable to sell his gold ornaments.



First of all, offers a straightforward process of application of the gold loan.

After that, the customer gets a good comparison of the interest rates of other banks as well.

Furthermore, the company provides the document pickup facility from your doorstep.


About Karanjia

Karanjia is a town in the state of Odisha, India. It is located 221 kilometers from the state capital Bhubaneswar. As of the 2011 Indian census, it had a population of 22,865. The official language is Odia, and the major local languages are Santali, Ho, Mundari, Kudmali.