Gold Loan

God Loan

Gold loans are loans secured against gold ornaments or coins or bullion. The borrower pledges gold ornaments to the lender in exchange for funds as per the applicable loan-to-value norms. Gold loan interest rates could be lower than personal loans.

Eligibility Criteria Gold Loan Verification


Multiple factors come under the gold loan eligibility criteria, including age and yearly income. NBFCs, like WES BEN ENTERPRISES PVT LTD.,, make the process convenient for everyone.

Any Indian citizen between the ages of 18 and 75 can apply for these loans. This includes salaried employees, business owners, and self-employed individuals.

You need to submit the following documents along with your loan application:

  • Identity proof – PAN card, Aadhar card, driving licence, or passport.
  • Address proof – electricity bills, Aadhar card, rental agreement, gas bill, driver’s licence, voter ID, phone bills, or water bills
  • Bank documents – last three months’ bank statements or copy of passbook page with bank name, account number, IFSC, and branch name
  • Recent passport-size coloured photographs.

For most providers, submitting your PAN card is mandatory for identity verification. If you do not have a PAN card, submitting Form 60 might work.