Skip to content

Gold Loan Shirdi

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. Gold loans Shirdi are short-duration loans, and the repayment period is between from one month to a few years. . The loan amount sanctioned is a certain percentage of the value of the gold that has been pledged.


 Gold loan Shirdi Interest Rate

Gold loan comes under the category of secured loans, and it is available at easy rates of interest. The interest rate of gold loan on an average is 10.75% per annum and up to 25% per annum, which is less than a personal loan and home loan. Different banks, or NBFCs provide different interest rates to different customers.


Gold Loan Shirdi  Eligibility Criteria

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

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

The applicant must be a resident of India.

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


Documents required for Gold Loan Shirdi

Certain documents are needed to get a gold loan. These are as follows:

Identity Proof: Aadhar Card, Driving License, Voters Card, Passport, Pan Card of a borrower.

Address Proof: Aadhar Card, Ration Card, Bank Statement (Active), Utility Bills of last three months on the name of the applicant (if tenant), Passport Copy.

Agriculture proof: If you are applying for agriculture gold loan then proof of ownership of particular land.

Also, two copies of Photographs of the borrower.

Benefits of Gold Loan Shirdi

It comes under a secured loan.

The bank does not check CIBIL scores for loan approval.

100% safety and security for your gold jewellery.

Enjoy liquidity anytime.

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

Your loan can approve in a single working day.

Safety of ornaments is available.

Gold Loan Shirdi Procedure

If you want to enjoy the service of the gold loan, you can get it quickly because it has a short process. Following is the simple and quick process of the services of a gold loan.

The applicant should bring their gold jewellery to the bank for a loan purpose.

You pawn your gold jewellery to the lender to generate loan amount.

After that, the quality and quantity of purity of the gold are checked.

According to the value of the gold, the applicant get cash equivalent to around 70%-75% of the value of gold.

After this, the lenders have the guardianship of gold until the full repayment of the loan amount.

Finally, the bank returns your gold in the same shape when you repay the whole amount of your loan.


Is Gold Loan secured?

Yes, it is essential to know that the gold loan comes under the category of secured loans. Because in a gold loan, the customers deposit their gold ornaments or jewellery into the bank’s locker as collateral.



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 Shirdi

Shirdi is a city located in Ahmednagar district in Maharashtra state, India. This city is known as the home of the saint Sri Sai Baba. It had a total population of 36,004 out of which males constitute 53% of the population and females 47%. The official language of this city is Marathi.


Leave a Reply

Your email address will not be published. Required fields are marked *