Turn your gold into instant cash with –Loanmaart hassle-free gold loan service.

Convenience

Quick Access to Funds

Minimal Documentation

Minimal Documents

Low Interest

Lower Interest Rates

Asset Security:

Asset Security

Welcome to Loanmaart Gold Loans Service: Fulfill your financial goals 

At Loanmaart, we understand the significance of your financial goals. Whether it's starting a business, funding education, or managing unforeseen expenses, we're here to support you every step of the way. With our gold loan services, achieve your aspirations with confidence and ease.

Eligibility for Gold Loan in India

Eligibility criteria for gold loans in India may vary among lenders, but typically include the following factors:

  1. Age: Generally, individuals between the ages of 18 and 75 are eligible for gold loans, although this can vary depending on the lender.

  2. Ownership of Gold: Applicants must be the legal owners of the gold being used as collateral for the loan. This can include jewelry, coins, or bullion.

  3. Gold Purity: Lenders often have minimum purity requirements for the gold being pledged as collateral. Higher purity gold may result in higher loan amounts.

  4. Identification: Borrowers need to provide valid identification documents such as Aadhaar card, passport, voter ID, or driver's license.

  5. Residence: Applicants must be residents of India and provide proof of address, such as utility bills or rental agreements.

  6. Loan Purpose: Gold loans can typically be used for various purposes, including personal or business needs, but lenders may have specific restrictions on usage.

  7. Repayment Capacity: While gold loans are secured, lenders may still assess the borrower's repayment capacity based on factors such as income, employment status, and credit history.

Documents Required

To avail a gold loan in India, borrowers typically need to provide the following documentation:

  1. Identity Proof:

    • Aadhaar Card
    • Passport
    • Voter ID Card
    • Driver's License

  2. Address Proof:

    • Aadhaar Card
    • Passport
    • Voter ID Card
    • Utility bills (electricity, water, gas)
    • Rental agreement (if applicable)

  3. Proof of Ownership of Gold:

    • Original gold jewelry, coins, or bullion
    • Purchase invoice or receipts (if available)

  4. Photographs:

    • Recent passport-size photographs of the borrower

  5. Additional Documents:

    • Some lenders may require a signed application form or declaration stating the details of the gold being pledged, including its purity and weight.