Unlock Financial Tools, Investment Insights, And Expert Guidance – All In One Convenient App !
Visit Our ABCD Page
PLAY STORE
APPSTORE
1800 270 7000
Download
Insurances 
INVESTMENTS 
LOANS 
PAYMENTS 
QUICK SERVICES 
HEALTH INSURANCE 
Health Insurance
Housing Finance
Life Insurance
Mutual Funds
Personal Insurance
SME Finance
Stock & Securities
Home LoanFind customised home loan solutions for your unique needs
Balance TransferFind a better interest rate for your existing home loan
Top up Home LoanGet a loan on your existing home loan to meet your needs
Loan Against PropertyTurn your assets into a financial ally
Personal LoanMeet all your dreams and needs with a collateral-free Personal Loan
Flexi LoanMake loan repayment flexible and hassle-free with Flexi Loans
Instant Personal LoanGet quick funds with Aditya Birla Capital Instant Personal Loan
Long Term Personal LoanEnjoy affordable repayments and a flexible tenure with Aditya Birla Capital
Personal Loan EligibilityCheck your Aditya Birla Capital Personal Loan eligibility
Personal Loan Interest RatesEnjoy low personal loan interest rates for affordable repayments
Are you eligible for a Personal Loan? Find out now!
Calculate Now
Debt FundsDiversify your portfolio and reduce risk with Debt Funds
Equity FundsInvest smartly in Equity Funds to aim for higher returns
Hybrid FundsDiversify your portfolio and reduce your risk with a mix of equity and debt
Retirement FundsGoal-oriented fund with a lock-in period to create a corpus for retirement
Children’s FundsSecure your child’s financial future with solutions-oriented children’s funds
Exchange Traded FundsUnlock a smart, hassle-free way to invest in various assets
Fund Of FundsChoose the smart way to diversify risks and grow investments
Index FundsFollow the benchmark of smart investors to grow your wealth
Calculate wealth creation through lumpsum investment in Mutual Funds
Calculate Now
Equity TradingInvest or trade in equity for attractive returns and long-term capital growth
Margin Trading FacilityGet up to 5X leverage on leading stocks & increase your trading power
BondsGive your portfolio stability with attractive returns
Term InsuranceBring security and peace to life’s unpredictability
Retirement PlansGet a guaranteed regular pension plus lump sum on plan maturity
Savings PlansGet a guaranteed regular pension plus lump sum on plan maturity
ULIP PlansGet the benefits of insurance & wealth creation in one convenient plan
Find out how much life insurance you need with our Human Life calculator
Calculate Now
Health & Wellness PlansMake quality health care affordable and accessible
Super Top-up PlansGet extra coverage when you need it most
Life Insurance
Health Insurance
Mutual Fund
Home Finance
Personal Finance
Stocks & Securities
PLAY STORE
APP STORE
Gold Loan: Quick Disbursement Within 24 Hours*!
Competitive Interest Rates- High Loan-to-Value Ratio
- Quick and Hassle-free Process
Reasons to Get Gold Loan from Aditya Birla
High Per Gram Rate
Gold loans are secured against your gold, ensuring a higher LTV ratio.
Flexible Repayment Options
During the initial repayment period, you can opt to pay only the interest on the loan, reducing your monthly expenses. The entire principal amount is repaid at the end of the loan tenure.
Quick Processing
The loan application process is streamlined, requiring minimal documentation. Once your application is approved, the loan amount is typically disbursed.
Minimal Documentation
The loan application process is designed to be hassle-free, requiring fewer documents compared to traditional loans.
No Credit Score Impact
As a secured loan, gold loans do not rely on your credit score for approval.
Quick and Easy Gold Loans for All Your Goals
Cover medical expenses
A gold loan can help you cover the cost of medical bills, medications, and other expenses.
Quick access to funds
In case of emergencies, a gold loan can help you gain funds quickly.
Get the care you need
A gold loan can help you get the care you need, without having to worry about the cost.
Cover wedding costs
A gold loan can help you cover the cost of your venue, food, entertainment, and other expenses.
Avoid debt
A gold loan can help you avoid falling into debt after meeting wedding expenses.
Fund your dream wedding
A gold loan can help you create the wedding of your dreams, without having to worry about the cost.
Consolidate your debts into a single loan
A gold loan can help you consolidate your debt into a single loan with a better interest rate.
Save money on interest
A gold loan can help you save money on interest over time.
Make it easier to pay off your debt
A gold loan can help you make it easier to pay off your debt, by giving you a single payment to make each month.
Take a much-needed vacation
A gold loan can help you take a much-needed vacation, without having to worry about going over the budget.
Create memories
Create memories that will last a lifetime with the funds received from a gold loan.
Avoid using credit cards
A gold loan can help you avoid using credit cards on your vacation, which can help you save money on interest.
Improve the value of your home
A home renovation can improve the value of your home. A gold loan can help you finance a home renovation, so you can increase the value of your home.
Make your home more comfortable
A home renovation can make your home more comfortable and enjoyable. A gold loan can help you finance a home renovation, so you can create the home of your dreams.
Avoid using credit cards
The capital obtained from a gold loan can be used to fund your vacation. This can reduce your dependence on credit cards.
Get A Gold Loan In 5 Easy Steps
Gold Loan Interest Rates
Find out the interest rates for gold loans, so that you canplan your repayments accordingly.
| Loans | Interest Rate |
|---|---|
| Loans for Amounts as Low as ₹30,000/Month | Starting from 0.81% per month |
Gold Loans Eligibility
Are you eligible for a Gold Loan? Check whether you and your gold meet the eligibility criteria.
Documents Needed for Gold Loans*
- ID proof | Aadhaar Card, PAN card, Voter ID, Passport, Driving Licence
- Address proof | Aadhaar Card, PAN card, Voter ID, Passport, Driving Licence, Lease Agreement, Utility bills
Eligibility Criteria for Gold Loans
- AgeYou must be older than 18 years of age.
- NationalityYou must be an Indian citizen.
- Gold QualityMinimum gold quality should be 18 karat.
- Gold AmountA minimum of 10 gm of gold should be submitted.
- Loan AmountA minimum loan of ₹30,000 can be dispersed.
Who Can Apply for Gold Loan ?
Salaried professionals
Self-employed individuals
Business owners
Students
Senior citizens
Pensioners
Homemakers
Fees & Charges
In addition to the interest rate, lenders may also charge various fees and charges associated with gold loans. These fees can vary depending on the lender, the type of loan, and the loan amount. Some common fees and charges associated with gold loans include:
| Charge Type | Amount |
|---|---|
| Processing fee: | This is a one-time fee charged by the lender to process your loan application. The processing fee can typically range from 0.5% to 1% of the loan amount. |
| Prepayment charges | If you repay a share of the loan amount before the end of the loan term, you may be charged a prepayment fee. The prepayment fee can vary depending on the lender and the scheme you have chosen. |
| Late payment charges | If you fail to make your monthly payments on time, you may be charged with a late payment fee. The late payment fee can vary depending on the lender, the scheme you have chosen and the amount of the missed payment. |
| Defaulting on interest payment | If you default on an interest payment on one of the loans, a penalty will be levied. The cost of the penalty will depend upon the lender and the scheme you have chosen. It could either be a % of the loan amount as a penal charge or a hike in the interest rate. |
| Foreclosure charges | If you pay off the entire loan amount before the end of the loan term, you may have to pay foreclosure charges. The amount of foreclosure charges will depend on the lender and the type of scheme chosen. |
Table of Contents
Loan Amount and Tenure
-
Assess your needs
Determine the exact amount of money you need to borrow to fulfil your financial goals.
-
Choose a flexible tenure
Select a loan term that aligns with your repayment capacity and financial situation.
-
Consider prepayment options
Check the lender's policies regarding prepayment and whether there are any associated charges.
Gold Valuation:
-
Ensure accurate valuation
Verify that the lender uses a reliable method to assess the value of your gold.
-
Check for purity and weight
Ensure that the lender accurately determines the purity and weight of your gold.
-
Consider potential depreciation
Be aware that the value of gold can fluctuate, so consider the potential impact on your loan if the value decreases.
Loan Processing Time
-
Prioritise quick disbursal
Choose a lender with a reputation for efficient loan processing and quick disbursement.
-
Enquire about processing time
Ask the lender about their typical processing times and any factors that might affect the speed of the loan approval.
-
Consider online applications
If you prefer a more convenient and efficient application process, look for lenders that offer online applications.
Documentation:
-
Check for minimal requirements
Check the necessary documentation and ensure that you have all the required paperwork available.
-
Ask about online document submission
If possible, ask about the option to submit documents electronically to save time and effort.
-
Be prepared for additional documents
Be prepared to provide additional documents if requested by the lender, such as proof of income or address.
Repayment Options
-
Enquire about flexibility
Ask the lender about the available repayment options, such as monthly instalments, part payments, or prepayments.
-
Consider convenient payment methods
Choose a lender that offers convenient payment methods, such as online transfers, automatic deductions, or physical payments.
-
Be aware of late payment charges
Understand the lender's policies regarding late payments and any associated charges.
Interest Rates
-
Compare rates and charges
Research interest rates offered by different lenders and compare them to find the most competitive option.
-
Consider hidden fees
Be aware of any additional charges or penalties that might increase the overall cost of the loan.
-
Understand interest calculation
Determine whether the interest is calculated monthly or annually.
Different financial needs, different loans, one app - ABCD
For weddings, travel, vehicle purchases, or any other obligation, fulfil any need with personal finance solutions offered by the ABCD app.
-
Range of loan options for different needs -
Range of loan options for different needs
-
Quick sanctions and disbursals
PLAY STORE
APP STORE
Scan the QR code to download our Mobile App
Affordable home loan on ABCD App
-
Up to 90% property cost loans
-
Flexible 30-year repayment tenures
Consolidate with Portfolio Track
-
Consolidate assets, liabilities
-
Track portfolio at fingertips
Customer Satisfaction Stories
Hear from our customers what they have to say about their experience.
Mauris Porta Arcu Id Tortor Pulvinar Cursus. Duis Mattis, Diam Id . Sit Amet. Donec Velit Massa Pharetra A Elementum Sed Mattis Vel Tortor. Ac Neque Ut Purus Sed Nulla Felis Pharetra. Lobortis Aliquet Tortor Suspendisse Urna Mauris Justo Volutpat Odio. Dignissim Orci Ante Mattis Scelerisque Lacus Amet.
Aditya Birla Health Insurance Customer
Bangalore, India
Aditya Birla Health Insurance Customer
Mauris Porta Arcu Id Tortor Pulvinar Cursus. Duis Mattis, Diam Id . Sit Amet. Donec Velit Massa Pharetra A Elementum Sed Mattis Vel Tortor. Ac Neque Ut Purus Sed Nulla Felis Pharetra. Lobortis Aliquet Tortor Suspendisse Urna Mauris Justo Volutpat Odio. Dignissim Orci Ante Mattis Scelerisque Lacus Amet.
Aditya Birla Health Insurance Customer
Bangalore, India
Aditya Birla Finance
Mauris Porta Arcu Id Tortor Pulvinar Cursus. Duis Mattis, Diam Id . Sit Amet. Donec Velit Massa Pharetra A Elementum Sed Mattis Vel Tortor. Ac Neque Ut Purus Sed Nulla Felis Pharetra. Lobortis Aliquet Tortor Suspendisse Urna Mauris Justo Volutpat Odio. Dignissim Orci Ante Mattis Scelerisque Lacus Amet.
Aditya Birla Health Insurance Customer
Bangalore, India
Aditya Birla Finance Limited
Mauris Porta Arcu Id Tortor Pulvinar Cursus. Duis Mattis, Diam Id . Sit Amet. Donec Velit Massa Pharetra A Elementum Sed Mattis Vel Tortor. Ac Neque Ut Purus Sed Nulla Felis Pharetra. Lobortis Aliquet Tortor Suspendisse Urna Mauris Justo Volutpat Odio. Dignissim Orci Ante Mattis Scelerisque Lacus Amet.
Aditya Birla Health Insurance Customer
Bangalore, India
FAQs on Gold Loan
A Gold Loan, also known as a loan against gold, is a secured loan where you can use your gold belongings, usually ranging from 18 to 24 carats, as collateral. The loan amount you can avail is typically up to 75% of the gold's current market value and quality. Gold Loans are a simple and efficient way to address immediate financial needs by leveraging the value of your gold jewellery or ornaments.
When you need funds urgently, whether for business expenses or medical emergencies, a gold loan can meet your needs. Financial institutions usually accept only gold jewellery, and the purity of the gold must be between 18 to 24 carats
When you get a gold loan, the bank holds your gold as collateral for the duration of the loan. You are charged an interest rate, and once you repay the full amount, your gold is returned to you.
The financial institution evaluates your gold to determine the maximum loan amount and the applicable interest rate. You have the flexibility to choose the loan repayment tenure, which typically ranges from 6 to 12 months.
This makes gold loans a convenient and efficient way to access funds without having to sell your valuable assets.
After the valuation process, your gold is usually sealed in tamper-proof packaging and stored in a vault within the strong room of the financial institution you choose. Once you complete your loan tenure and repay the loan, your gold is returned to you in the same condition as when it was submitted.
Yes, you can obtain a loan of up to ₹2 crores against 18-24 karat gold jewellery. However, other forms of gold are not accepted as collateral. Only gold ornaments between 18 to 24 karats, and bank-minted coins (24 karats) up to 50 grams per customer are eligible. Non-eligible items include hairpins, cufflinks, gold watches, gold straps, gold idols, gold utensils, jewellery with more than 50% deduction, thread mangalsutras, white gold, diamond jewellery, imitation jewellery, Ginni, and gold bars.
If you are availing of a gold loan of ₹25 lakhs or more, you need to submit an Income Tax Return (ITR). Additionally, a PAN card is mandatory if your annual income exceeds ₹5 lakhs, in accordance with regulatory guidelines.
You can use any gold jewellery as collateral for the loan, provided it is of at least 18 karat purity. However, remember that loans are not granted against 24-karat gold bars and biscuits.