Gold loan

Unlock the Value of Your Gold with a Quick and Easy Loan

At Paisajunction, we make it simple to unlock the value of your gold and get quick access to funds when you need them the most. Whether you need funds for an emergency, business, or personal needs, our gold loan options provide fast disbursal, competitive interest rates, and minimal documentation. Use your gold as collateral to get the money you need without any hassle.

Why Choose Paisajunction for Your Gold Loan?

No Credit Check: Since gold is used as collateral, your credit score does not affect your loan approval.

Quick Disbursal: Get access to funds within hours of approval. We understand that urgent financial needs require fast action.

Competitive Interest Rates: We work with leading banks and NBFCs to offer you the best interest rates, ensuring you get affordable terms on your gold loan.

Minimal Documentation: With Paisajunction, applying for a gold loan is hassle-free with minimal paperwork required, making the process swift and easy.

Flexible Loan Amounts: The loan amount is determined by the value of your gold, allowing you to get the funds you need based on your gold’s worth.

Transparent Process: No hidden fees, no surprises. Our process is transparent, and we ensure you understand all the terms before you sign.

How It Works

Assess the Value of Your Gold: Bring your gold to Paisajunction, where we assess its purity and market value.
Loan Amount Offer: Based on the value of your gold, we offer you a loan amount that can range up to 75-90% of your gold’s value.
Minimal Documentation: Complete the simple documentation process, providing basic identity proof and ownership documents for your gold.
Quick Disbursal: Once approved, the funds are disbursed to your bank account or as cash in hand, depending on your preference.
Repay Your Loan: Repay your loan in easy EMIs or lump sum. You have the flexibility to pay early without prepayment penalties.

Eligibility Criteria for Gold Loan

Age: 18 years to 65 years (varies by lender)
Gold Purity: The gold must be in good condition with a minimum purity of 18K.
Loan Against Gold: The loan amount is based on the weight and purity of your gold.
Documents Required: A government-issued ID, proof of address, and ownership documents of the gold.

Benefits of a Gold Loan

Fast Approval and Disbursal: Gold loans are processed quickly, providing you with fast access to funds when you need them the most.
No Need for Credit Check: Since your gold acts as collateral, your credit score or history is not a factor in the loan approval process.
Low-Interest Rates: Gold loans generally offer lower interest rates compared to unsecured loans, making them a cost-effective option for borrowing.
Flexible Repayment Options: Choose from flexible repayment terms, including monthly EMIs or lump sum repayment at the end of the loan tenure.
No Hidden Charges: Paisajunction ensures a transparent process with no hidden charges or fees.
Security of Your Gold: Your gold is safe and secured with us until the loan is repaid. Once the loan is cleared, your gold is returned to you.
Loan Amount Based on Gold Value: The loan amount you receive depends on the market value of your gold, ensuring you get the funding you need.

Types of Gold Loans We Offer

Short-Term Gold Loan: Perfect for meeting immediate cash needs, these loans come with shorter repayment terms (up to 1 year).
Long-Term Gold Loan: These loans offer flexible repayment terms, with longer durations (up to 3 years), making them ideal for larger loan amounts or ongoing needs.
Loan Against Gold for Business: Use your gold as collateral to secure business funding for expansion, working capital, or inventory.
Top-Up Gold Loan: If you have an existing gold loan, you can opt for a top-up loan to access additional funds on the same gold security.
Gold Loan for Personal Needs: Use your gold for personal needs such as wedding expenses, medical emergencies, or home renovation.

FAQs – Gold Loans

How much loan can I get on my gold? The loan amount depends on the weight, purity, and market value of your gold. Typically, you can get up to 75-90% of your gold’s value as a loan.
What is the interest rate on a gold loan? Interest rates on gold loans are competitive and tend to be lower than unsecured loans. Rates can vary based on the lender and the loan amount.
Do I need to provide a credit report for a gold loan? No, your credit score or history does not affect your eligibility for a gold loan, as your gold acts as collateral.
How long does it take to get a gold loan? Gold loans are processed quickly. Typically, approval and disbursal can be done in a few hours, depending on the lender’s process.
What happens if I cannot repay the loan? If you’re unable to repay the loan, the lender may auction the gold to recover the loan amount. However, most lenders offer options for extending the repayment period.