Flexible repayment options

UniFinance Offers Best Interest rates on Gold Loan

Lower Interest rates & Minimal Documentation

Different types of loan Repayment Schemes

Instant Loan@ Gold Loan Facility

1. High Loan-to-Value (LTV) ratio: Gold loans typically offer a high loan-to-value ratio, which means that borrowers can get a higher amount of loan by pledging a relatively smaller amount of gold as collateral.
2. Quick processing and disbursal: Gold loans are generally processed quickly and disbursed within a few hours or days, depending on the documentation.
3. No credit history required: Since gold loans are secured by collateral, lenders typically do not consider the borrower's credit history or credit score while approving the loan.
4. Flexible repayment options: Gold loans typically offer flexible repayment options, including interest-only payments, bullet payments, and EMI-based repayment plans.
5. Lower interest rates: Gold loans usually have lower interest rates compared to unsecured loans like personal loans, as they are secured by collateral.
6. Minimal documentation: Gold loans typically require minimal documentation, which makes the loan application process simpler and quicker.
7. Liquidation of gold in case of default: If a borrower fails to repay the loan, the lender has the right to sell the gold collateral to recover the outstanding loan amount.
8. Display real testimonials: "I needed some urgent money to pay for my daughter's college fees. I didn't want to go through the hassle of applying for a traditional loan, so I opted for a gold loan instead. It was quick, hassle-free, and I got the money I needed within a few hours."

Easy & hassle free gold loans starting at 1%

what is gold loan?

A gold loan, also known as a gold-backed loan or gold collateral loan, is a type of secured loan where borrowers pledge their gold jewellery, coins, or other gold assets as collateral to obtain funds from a lender. The value of the loan is typically determined based on the appraised value of the gold offered as collateral.

Gold loans are a popular form of short-term financing and are offered by banks, financial institutions, and other lending agencies. The borrower retains ownership of the gold during the loan period, but the lender holds the gold as security until the loan is repaid in full, including interest and fees. If the borrower fails to repay the loan as per the agreed-upon terms, the lender may sell the gold to recover the outstanding loan amount.

Gold loans are often used for various purposes, including personal or business emergencies, working capital for small businesses, funding for education or medical expenses, or other short-term financial needs. They are generally considered easier to obtain compared to unsecured loans as they are backed by tangible collateral in the form of gold. However, interest rates, fees, and other terms of gold loans may vary depending on the lender, loan amount, and loan tenure, so it's important to carefully review and understand the terms and conditions before availing a gold loan.

why choose gold loan ?

There are several reasons why individuals may choose to avail a gold loan:

1. Quick access to funds: Gold loans are often considered a convenient and fast way to obtain funds in times of financial need. The loan approval process for gold loans is typically simpler and quicker compared to other forms of loans as the gold serves as collateral, eliminating the need for extensive credit checks or lengthy documentation.
2. Secured loan option: Gold loans are secured loans, meaning they are backed by tangible collateral in the form of gold. This provides a sense of security to the lender, which can result in lower interest rates compared to unsecured loans. Borrowers who may have limited credit history or lower credit scores may find it easier to qualify for a gold loan as the loan is secured by the gold collateral.
3. Retain ownership of gold: With gold loans, borrowers can retain ownership of their gold assets while using them as collateral. This means that borrowers can still use their gold jewelry, coins, or other gold assets even while the loan is active, once they repay the loan in full, the gold is returned to the borrower.
4. Flexible loan amounts: The loan amount in a gold loan is determined based on the appraised value of the gold offered as collateral, which provides flexibility in choosing the loan amount as per the borrower's requirements. Borrowers can avail a gold loan for small or large loan amounts, depending on the value of the gold pledged as collateral.
5. Diverse usage: Gold loans do not come with any restrictions on the usage of funds. Borrowers can utilize the loan amount for various purpose
6. s, including personal or business emergencies, working capital for small businesses, funding for education or medical expenses, or other short-term financial needs.
7. Lower credit risk: Since gold loans are secured by gold collateral, the credit risk for the lender is lower compared to unsecured loans. This may result in more favorable loan terms, such as lower interest rates, for borrowers with lower credit scores or limited credit history.

It's important to note that while gold loans offer advantages, borrowers should carefully consider their financial situation, loan terms, interest rates, fees, and repayment capacity before availing a gold loan. It's advisable to thoroughly review and understand the terms and conditions of the gold loan agreement and seek professional financial advice if needed.

View schemes now

1. Regular gold loan: This is the most common type of gold loan where borrowers pledge their gold jewelry, coins, or other gold assets as collateral and receive a loan amount based on the appraised value of the gold. The loan is repaid in installments, typically including principal and interest, over the loan tenure.
2. Gold loan for agricultural purposes: Some lenders offer gold loan schemes specifically designed for farmers or individuals engaged in agricultural activities. These loans may come with special features such as lower interest rates, longer repayment tenures, and higher loan-to-value (LTV) ratios, which may make them suitable for borrowers involved in agriculture-related activities.

It's important to carefully review and compare the features, interest rates, fees, and terms and conditions of various gold loan schemes offered by different lenders to choose the one that best suits your specific financial needs and repayment capacity. It's also advisable to seek professional financial advice and read the loan agreement thoroughly before availing any gold loan scheme.

process of gold loan in 30 minutes easy steps

Here is a general outline of the process for availing a gold loan, which can typically be completed within 30 minutes:

Step 1: Choose a lender: Research and select a reputed lender or financial institution that offers gold loans. Consider factors such as interest rates, loan amount, loan tenure, repayment options, and customer reviews.

Step 2: Visit the lender's branch: Visit the lender's branch where you want to avail the gold loan. It's advisable to carry the gold items that you want to pledge as collateral along with identification and address proof documents as per the lender's requirements.

Step 3: Appraisal of gold: The lender's representative will appraise the gold items to determine their value based on the current market rates. The loan amount you can avail will depend on the appraised value of the gold.

Step 4: Documentation: Complete the required documentation as per the lender's requirements. This may include filling out a loan application form, providing identification and address proof documents, and signing the loan agreement.

Step 5: Loan approval: Once the lender verifies the documentation and appraises the gold, they will review your loan application. If everything is in order, the loan can be approved within minutes.

It's important to note that the specific steps and time taken for a gold loan may vary depending on the lender's policies, loan amount, loan scheme, and documentation requirements. It's advisable to carefully review and understand the lender's terms and conditions, interest rates, fees, and repayment options before availing a gold loan. Seeking professional financial advice and reading the loan agreement thoroughly is also recommended.

Customize your plan

Business or Personal Needs?
We're here to help.

UniFinance offers customized Gold Loans for every need starting @0.74% P.M (8.88% P.A)
Choose your scheme wisely
UniFinance Low-Interest Schemes
Make a repayment every 30 days to enjoy lowest interest rate. Interest Rate changes if payment is missed.
UniFinance No Tension Scheme
Pay anytime during your tenure. The Interest Rate remains fixed.

Select your Gold Loan Scheme

Use our advanced Gold Loan Calculator to estimate the gold weight required for loan amount or loan amount available for your gold weight.

Loan amount

0 to 3 lack

Repayment Type

• All
• Regular Rebate (Monthly)
• No Tension(After 6 months)

Sort By

• Relevance
• Highest value
• Lowest interest

Rate of Interest

Scheme Details

Loan Tenure

Required Net Gold

Rate of Interest

0.74%                                                                                 Pay Monthly

Lowest interest rate                                                          Regular Cashback       

Effective monthly interest rate post rebate                Cashback Applied on Monthly repayments

Rare of interest(P.M)	Pay Monthly	Scheme details	Loan Tenure	Required net gold	Rate of interest (P.A)
0.74% 1.64% 2.25%	Cash back applied on monthly repayments	0-30 days 30-60 days 61-360 days	12 Months	133.3 gms	8.88% 19.68% 24.6%
0.79% 1.70% 2.05%	Cash back applied on monthly repayments	0-30 days 30-60 days 61-360 days	12 months	127.9 gms	9.48% 20.4% 24.6%
0.87% 1.70% 2.05%	Cash back applied on monthly repayments	0-30 days 30-60 days 61-360 days	6 months	127.9 gms	9.48% 18.32% 24.28%

Hear what our
customers say

We’re passionate about making the UniFin gold loan experience simple, smooth & happy for every customer.

See what some of them have to say about us

Shift your loan

Why pay more

on gold loan interest?

• Like a home loan or personal loan, you can now transfer
• your loan outstanding easily & save more with a gold loan transfer. 

Instant Savings                              

• Interest starting at
• just 0.75%* P.M. (9.00%P.A.)

Safety First

• Door-to-door insurance
• on 100% gold value

Flexible Repayment

• Pay monthly, pay anytime
• or pay at one shot

Maximum Value

• High per gram rate
• Guaranteed

Easy. Simple. Fast
Takeover

Once you apply, and share your pledge card, you get a savings report. If you choose to transfer your gold loan, your takeover loan is processed with easy documentation, instant outstanding loan balance transfer, and Loan disbursal all with zero processing charges.

Simplify the Gold Loan Transfer process

Step-1  Apply for a Gold Loan Takeover

Our representative will call within 5 minutes and help you

Step-2 We visit your home or office at your convenience

Verify Pledge Card & confirm loan amount with our Sales Manager

Step-3 Hassle Free Gold Release & Loan Transfer

Our Loan Manager visits your home & travels to your existing branch with you to release your gold & process your transfer.

Step-4 Get Money Instantly & Gold Stored Safely

Loan amount transferred to your account before the Loan Manager leaves. Gold stored at a partner bank near you

Repay your Loan

• Repay your Gold Loan In 3 Simple Steps
• Enter Your Phone number & Click get OTP
• Enter OTP and Click Login

Contact US

9000365459

siva@unifinance.co.in

FAQs

1. What is gold finance?

Gold finance refers to a type of secured loan in which a borrower pledges their gold ornaments or coins as collateral to a lender in exchange for funds. The lender evaluates the value of the gold and approves a loan amount based on it.

2. How much loan can I get against my gold?

The loan amount that you can get against your gold depends on the value of the gold that you pledge as collateral. Typically, lenders offer up to 75-90% of the gold's value as a loan.

3. What is the repayment period for a gold loan?

The repayment period for a gold loan usually ranges from a few months to a few years, depending on the lender's policies and the loan amount. Some lenders also offer flexible repayment options, such as interest-only payments, bullet payments, and EMI-based repayment plans.

4. What are the documents required to apply for a gold loan?

The documents required to apply for a gold loan may vary from lender to lender. However, typically, you would need to provide a government-issued identity proof, such as a PAN card or Aadhaar card, and proof of ownership of the gold that you wish to pledge as collateral.

5. What happens if I am unable to repay the gold loan?

If you are unable to repay the gold loan, the lender has the right to sell the gold collateral to recover the outstanding loan amount. However, most lenders will give you a grace period to repay the loan or negotiate a settlement before taking any legal action.

6. What are the interest rates for gold loans?

The interest rates for gold loans may vary from lender to lender and depend on various factors such as the loan amount, tenure, and the borrower's creditworthiness. Typically, gold loans have lower interest rates compared to unsecured loans like personal loans.

7. Can I get a gold loan if I don't have a good credit score?

Yes, you can get a gold loan even if you don't have a good credit score, as gold loans are secured by collateral. Lenders typically do not consider the borrower's credit history or credit score while approving the loan.