Gold Loan

Starting Rs. 10,000 | Pre and part-payment options I Free insurance of gold

4 reasons to choose our Gold loan

LOAN OF UP TO Rs. 1 CRORE

LOAN IN FEW HOURS

FREE GOLD INSURANCE

APPLY WITH JUST KYC

A loan for all your goals

Gold loan for
Farming

Home
Renovation

Gold loan for
MSME

Gold Loan for
medical expenses

Eligibility criteria and documents required

Anyone can apply for our business loan if they meet the five basic criteria mentioned below. If you meet all the business loan eligibility criteria, you will need a set of documents to complete your application process.

Eligibility criteria

• Nationality: Indian
•Gold which will kept as collateral to any bank or NBFC
• CIBIL Score: 700 or higher
• Work status: Self-employed
• Age: 18 years to 70 years*
*Higher age limit is applicable at the time of loan maturity.

Documents

• Minimal documents required: Since gold loan is a secured loan, all you need to keep with the lender is your gold and an application form and KYC documents. (PAN and KYC documents such as valid Passport/ Driving License /Voters ID card /Aadhaar Card).

Frequently asked questions

Gold loan as the name suggests is a loan which you take against your gold. One has to basically keep his/her gold ornaments as collateral to any bank or NBFC. The lender then weighs and examines the gold articles and sanctions amount that is a certain percentage of the gold’s value.

You can get a business loan up to Rs. 1 Crore from Mantra Finserv by fulfilling the easy-to-meet eligibility criteria. Upon approval of your application, you can get the loan amount in your bank account within 48 hours.

The interest rates for gold loans starts from 7.50% onwards.

Since gold loan is a secured loan, all you need to keep with the lender is your gold and an application form and KYC documents. (PAN and KYC documents such as valid Passport/ Driving License /Voters ID card /Aadhaar Card).

The weight, quality,purity of gold and its market price. And If the gold ornaments you are keeping as collateral, contain precious stones, the loan amount is still determined on only gold & not the precious stones.

Any Indian citizen who is 18 years and above and owns gold articles is eligible to take a gold loan.

No, the only security that is required is the gold itself which you pledge to the lender to avail the loan.