Overview: Gold Loan
A gold loan provides rapid, hassle-free liquidity by pledging gold jewellery or ornaments. Enjoy high LTV up to 75%, doorstep valuation, zero income proof requirement, and flexible repayment schemes.
A Gold Loan through PSBLOAN connects eligible Indian borrowers with participating institutional banks and NBFCs. Approvals depend on regular income, credit history (target 750+ CIBIL), and allowable debt-to-income obligations (FOIR). Borrowers can check pre-qualification online or request assisted doorstep documentation guidance across serviceable pincodes.
Who Can Apply
- Indian citizen aged 18 to 70 years
- Ownership of 18K to 24K hallmarked gold jewellery or ornaments
- Valid KYC documents (Aadhaar, PAN / Voter ID)
- No minimum salary or business vintage threshold required
Key Benefits
- Instant disbursal in as fast as 30 minutes
- Doorstep gold valuation & secure vault deposit
- High Loan-to-Value (LTV) up to 75% of appraised gold value
- No income proof, ITR, or high CIBIL score required
- Flexible repayment: Regular EMI, bullet, or interest-only
- 100% insured bank-grade vault storage for peace of mind
Required Documents
- Identity proof (PAN card, Aadhaar, Passport, or Voter ID)
- Address proof (Aadhaar card, Utility bill, or Rent agreement)
- Passport size photographs
- Bank account details / cancelled cheque for instant direct fund credit
Application Process
- Check your eligibility online
- Get matched with suitable lenders
- Submit required documents
- Application reviewed by lender
- Receive sanction letter from lender
- Complete agreement formalities
- Disbursement by lender
Indicative Lender Benchmarks & Terms
Indicative rate ranges across participating institutional lender categories in India:
| Lender Category | Indicative APR Bracket* | Processing Fee | Max Tenure |
|---|---|---|---|
| Public Sector Banks | Competitive benchmark rates | 0.5% – 1.0% | Up to max tenure |
| Private Sector Banks | Risk-adjusted pricing | 1.0% – 2.5% | Flexible options |
| Leading NBFCs / HFCs | Flexible underwriting | 1.5% – 3.0% | Customized repayment |
*Source: Industry standard lending policies as of September 2026. Rates and fees vary based on applicant credit score, income stability, employer category, and lender underwriting policies. Subject to lender terms.
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Frequently Asked Questions
Under RBI regulations, lenders can disburse up to 75% of the appraised market value of 18 to 22 karat gold jewellery, based on the trailing 30-day average purity.
Yes. Pledged gold is sealed in tamper-evident security bags in your presence and stored in 3-tier bank-grade surveillance vaults with comprehensive transit and custody insurance.
Since a gold loan is a fully collateral-backed secured loan, borrowers with low CIBIL scores or no credit history (NTC) can also get easily approved.
You can choose monthly regular EMIs, interest servicing with principal repayment at closure (bullet scheme), or lump-sum settlement at loan maturity.