Lenders offer flexible repayment options, including EMIs, interest-only payments, or full repayment at the end of the tenure, allowing borrowers to choose as per their convenience.

Once the gold is assessed and verification is complete, loan approval and disbursement are typically completed within a few hours.

Applicants must provide valid KYC documents such as Aadhaar card, PAN card, passport, or voter ID, along with address proof and a recent photograph.

The eligible amount is determined by the gold’s purity, net weight, prevailing market price, and the lender’s approved loan-to-value ratio.

Residents can apply online by submitting basic details through the lender’s website or visit a nearby branch with their gold jewellery and KYC documents to complete the application and evaluation process.