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Get in touch

    • P3, 203, Central Square, Bara Hindu Rao Central Delhi -110006
    • Support +91 8860001105

    Gold Loan

    Eligibility

    • Age :21 years and above. In case of gold loan against gold chains from unknown persons, minimum age is 30 years.
    • Profession :Any individual (singly or jointly) with Steady source of income including: Bank’s Employees, Pensioners. (No Proof of income required)
    • A person can avail maximum 3 gold loans, including the existing one up to Rs 50.00 lakhs.

    KYC

    1. Internal mechanism for ensuring ownership of gold jewellery and ornaments.
    2. Proof of identity-
      1. For loan above Rs. 5 lakh, a PAN card is a must.

      2. For loan below Rs. 5 lakh, any of the Valid Passport /  PAN (Permanent Account Number) card / Voter ID card / Valid Permanent Driving license / Aadhaar Card / Job card issued by NREGA duly signed by an officer of the State Government / Identity card issued by Central/State Government, Public sector undertaking, any Scheduled Commercial Bank, or any Public Financial Institution for their employees is also acceptable.

    3. Proof of Present and Permanent Address-
      1. Present – Rental Agreement or Lease Agreement /Utility Bills (water, electricity, phone or gas bill).
      2. Permanent- Passport / Voter ID Card or Election Commission Photo ID Card / Ration Card / Utility Bills (water, electricity, phone or gas bill).
    4. Verification of the Ownership of Gold – (a) Where the gold jewellery pledged by a borrower at any one time or cumulatively on loan outstanding is more than 20 grams, Kalyan Capitals shall keep a record of the verification of the ownership of the jewellery, primarily through original purchase receipts. Where the original purchase receipts are not available, a notorised declaration of original ownership shall be obtained from the borrower, particularly in each and every case where the gold jewellery pledged by a borrower at any one time or cumulatively on loan outstanding is more than 20 grams.

    Quantum Of Gold Loan

    • The maximum loan amount is decided on the 75% value of the gold measured in 22 carat, including accrual interest.
    • Minimum amount is Rs. 1 lakh and maximum is Rs. 50 lakh, to be given by cheque /NEFT/IMPS/RTGS.

    Tenure

    Minimum tenure is 3 months and maximum 24 months.

    Margin

    • Gold Loan (EMI based): 25%
    • 3 Months Bullet Repayment Gold Loan* : 30%
    • 6 Months Bullet Repayment Gold Loan*: 30%
    • 12 Months Bullet Repayment Gold Loan: 35%
    • No further appraisal of pledged gold is required at the time of two subsequent renewals, subject to the pledged gold remaining in the custody of the Bank.

    Processing Fees

    • 50% of loan amount subject to minimum Rs. 500 + applicable GST.
    • Others: Gold appraiser charges will be paid by the borrower in advance.

    Interest Rate

    • 3 Months Bullet Repayment Gold Loan – 16%
    • 6 Months Bullet Repayment Gold Loan – 17%
    • 12 Months Bullet Repayment Gold Loan – 18%
    • Gold Loan EMI based – 18%

    Repayment

    Repayment Mode 

    • 3 Months Bullet Repayment Gold Loan: Interest and Principal on or before end of term.
    • 6 Months Bullet Repayment Gold Loan: Interest and Principal on or before end of term.
    • 12 Months Bullet Repayment Gold Loan: Interest and Principal on or before end of term.
    • For EMI Based – 24 Months.Gold Loan (EMI based): Repayment of Principal and Interest will commence from month following the month of disbursement.

    Repayment Period

    • 3 Months Bullet Repayment Gold Loan:3 months
    • 6 Months Bullet Repayment Gold Loan: 6 months
    • 12 Months Bullet Repayment Gold Loan: 12 months.

    • Maximum Gold Loan (EMI based) : 24 months

    Note: Drawing power may fluctuate according to current market price of gold, within sanctioned limit. 

    Preclosure

    A pre-closure fee of 3% will be charged

    GOLD LOAN APPLICATION FORM

      Please fill in all the required details in BLOCK LETTERS. Tick boxes as applicable

      LOAN DETAILS

      PERSONAL DETAILS (Leave space between two words)
      Title:


      Present Address

      Tick if Permanent Address is same as above