Overview
A Gold Loan, also known as a Loan against Gold refers to a lump sum of money borrowed by offering to pledge Gold. A secured loan by nature, the borrower needs to deposit gold articles, jewellery, coins, or any physical form of gold with the lender until the entire loan amount gets repaid. The amount the borrower sanctions depends on the value of the gold based on the Loan-to-Value (LTV) Ratio.
The Reserve Bank of India (RBI) recently relaxed norms for loans against gold by increasing the permitted LTV ratio from 75% to 90%. As per the RBI Gold Loan guidelines, banks and NBFCs can extend 90% of the value of the pledged gold as a Gold Loan. One can also avail of an Overdraft facility against Gold.
Maxxvalue Advisory offers the best Gold Loans, at the lowest rates of interest. Maxxvalue Advisory will connect you to a lending partner, and take you through the process comfortably. Choose from our catalogue of Gold Loans offered by our distinguished Partner Banks and NBFCs. Maxxvalue Advisory offers quick approval and speedy disbursal of your Gold Loan.
Features & Benefits
High-Value Finance
Avail a high loan amount as funding up to 90% of the Value of Gold
Lowest Interest Rate
Gold Loan interest rates are the lowest rates offered by Banks and NBFCs
Repay in Easy EMIs
Benefit from our flexible EMI offerings from our reputed lending partners
Prepayment / Part Payment
Reap profit and save from the practical Pre and Part Payment options
Zero Foreclosure Fees
Take advantage of Nil or Near to Zero Foreclosure Charges on offer
No Income Proof
Worry less about loan approval; Maxxvalue Advisory Gold Loans need no income proof
Quick Loan Renewal
Simply request a gold loan renewal; renewals are quicker than you expect
Instant Loan Disbursal
Online and easy documentation allows speedy processing of your Gold Loan
Need a Loan For any of your requirement?
Eligibility Criteria
Age
Your age should be a minimum of 21 years, and a maximum of 68 years at Loan Maturity
Nationality
You should be a Resident Citizen of India without having defaulted on any previous loans and without any Criminal Record
Credit Score
Your credit score should be 650 or higher
Eligible Entities
Anyone having gold is eligible irrespective of income or employment
*Note: The above eligibility criteria are for indicative purposes only, and can vary from lender to lender.
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10+ Years Experience
We have been distributing financial products for 10-plus years
Loans Disbursed
We successfully disburse loans worth Rs. 50+ Crores every month
20+ Cities
We cover more than 20+ cities across India
50+ Partner Banks
We partner with more than 50 reputed Banks and NBFCs