Step 1: Apply for a gold loan online on the lender’s, bank’s, institution’s website
Step 2: A representative will visit your home for valuation, or you will need to go to the bank branch for valuation
Step 3: After this process, the loan application gets reviewed and approved.
Step 4: Immediate disbursement of funds to a bank account.
Documents required for getting a gold loan
Acceptable Identity Proof Include:Â
PAN Card
Passport
Driving Licence
Aadhaar card
Form 16 if a PAN card is not available. [Form 16 is a certificate issued by an applicant’s employer which states that Income Tax (TDS) has been deducted from the salary]
Voter ID card
Two passport-size photos
Acceptable Address Proof Include:Â
Recent Electricity bill
Recent Landline Bill
Passport photocopy
Demat Account Bank Statement
Rent Agreement
Aadhar Card
Driving licence
Acceptable Income Proof Include:Â
ITR
Salary Slip
Form 16, etc.
KYC Documents
Learn more about the things that are to be kept in mind while applying for a Gold Loan!
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