Personal Loan Online | Gold Loan vs Personal Loan Online Apply | Instant Loan
My Account

Looking for Personal Loans Online?
Apply for Gold Loans Instead

The online marketplace has advanced considerably in recent times. Now, whatever you need can be bought online if you have a computer or a Smartphone and an active internet connection. That is why, it is no surprise, that you look to apply for personal loans online too.

Applying Online – Personal Loans Vs Gold Loans

Though you can apply for personal loans online, the task is a bit tedious. You have to meet the eligibility parameters of the lender, submit your documents and then the funds are sanctioned. On the other hand, applying for gold loans online is much simpler. The entire application process is easy and you also get funds within the shortest possible time.

Online gold loan

Just like personal loans online, you can get gold loans online too. Lenders are now offering their gold loans online through their websites. You can apply for gold loans online through the lender’s website and the loan would be processed easily.

IndiaGold offers gold loans online. You simply need to apply online or call for availing a loan. The loan is serviced right at your doorstep and funds are transferred to your bank account online within a day.

Steps to apply for a gold loan online through IndiaGold

Just like a personal loan online, apply for a gold loan online in some simple steps through IndiaGold.
Here are some steps that would give you a loan easily –

  • Visit https://indiagold.co/ or call IndiaGold at 1800 123 999 888 to start the loan application process
  • IndiaGold’s loan advisor would connect with you and inform you about the gold loan schemes available
  • After you select the scheme, a loan manager would visit your home to process your loan application
  • Your gold ornaments are weighed, valued and packed right in front of you
  • You can choose the loan amount and the loan manager would process your loan application 
  • The processing takes about 30 minutes after which the loan would be credited to your bank account directly

Why Apply for a Gold Loan Online with Indiagold?

Here are some reasons that make IndiaGold a preferred choice for availing gold loans online –

  • Safety of gold
    The gold that you pledge for the loan is safely packed in front of you ensuring complete transparency. Moreover, each packet is fitted with a GPS chip which allows you to track your gold whenever you want to ensure safe custody. There is also an insurance cover on your gold against possible theft or damage. This further adds a layer of safety to the gold that you deposit for the loan.
  • Quick availability
    You can avail funds ranging from Rs.1 lakh to Rs.1 crore within a mere matter of 30 minutes or so. Thus, if you need an instant personal loan, you can opt for IndiaGold’s gold loan which also sanctions the loan at the earliest.
  • Easy repayment
    You get repayment tenure of up to 6 months for paying off the loan. During the repayment period, you need to pay only the interest amount while the loan amount is payable on maturity. So, if you need funds for a short-term need, IndiaGold’s gold loans can be the ideal solution.

So, if you are looking for an instant personal loan online, you can choose IndiaGold’s gold loans and apply for them online. You would be able to get the desired funds against your gold ornaments and your gold would be held safely.

Frequently Asked Questions

IndiaGold stores your precious gold assets in bank lockers and they are also insured against theft and damage. You can track your gold, while in custody, through the GPS tracker attached to its package.

There are different types of gold loan schemes offered by IndiaGold. The rate of interest depends on the loan scheme you select. The interest rate starts from 0.75% per month and goes up to 1.65% per month.

The insurance cover is offered free of cost. You don’t have to pay any premium on the insurance cover.

Currently, IndiaGold offers doorstep gold loans in Delhi only.

IndiaGold offers a Loan to Value ratio of up to 75% on the gold that you pledge for the loan. The Loan to Value ratio depends on the purity of gold that you pledge.

IndiaGold offers a dedicated mobile application for tracking your loan. You can download the application and check your loan balance. You can also use IndiaGold’s website for checking the loan details online.

You can avail easy personal loans for urgent funds. However, such loans have high-interest rates. You can, therefore, opt for gold loans instead. IndiaGold offers gold loans within 30-40 minutes. You can, therefore, get instant funds through IndiaGold’s gold loans too.

The online mode of applying for a gold loan is safe if you choose a safe and reputed website. IndiaGold is a safe website which is also encrypted allowing you to apply for the gold loan online in a safe and secured manner.

IndiaGold offers an online loan calculator. Just enter the weight of the gold ornaments that you want to pledge for the loan and their purity (in Karat). Based on these two values, the loan amount is calculated and shown instantly.

Even though you can apply for the loan online, you would have to submit your documents to the loan manager who visits your home for processing your loan. These documents include the following –

  •         Identity proof like your passport, Voter’s ID card, Aadhaar card, etc.
  •         Address proof like Voter’s ID Card, utility bills, Aadhaar card, etc.
  •         PAN Card or Form 60
  •         Recent photographs

The pledged gold is released immediately the next day after you complete the repayment of the loan.

Even though you can apply for the loan online, you would have to submit your documents to the loan manager who visits your home for processing your loan. These documents include the following –

  •         Identity proof like your passport, Voter’s ID card, Aadhaar card, etc.
  •         Address proof like Voter’s ID Card, utility bills, Aadhaar card, etc.
  •         PAN Card or Form 60
  •         Recent photographs