Gold Loan Faqs

What is Gold Loan?

Gold loan (also called loan against gold) is a secured loan taken by the borrower from a lender by pledging their gold articles (within a range of 18-24 carats) as collateral. The loan amount provided is a certain percentage of the gold, typically up to 75% as per RBI, based on the current market value and quality of gold.

What is the best way to apply for Gold Loan?

You can start the process of applying online or by contacting our call centre.

Who can apply for Gold Loan?

Anyone between the ages of 18 and 65 years is eligible to apply for Gold Loan.

What is the minimum and maximum Gold Loan amount that I can get?

At Recapita, you can get a Loan Against Gold from Rs.1,500 to unlimited.

What is the tenure for which I can avail a Gold Loan?

We offer you a flexible tenure ranging minimum 7 days to 1 year.

What documents do I need to apply for Loan Against Gold?

Your application for a Gold Loan needs to be supported by the following documents:

- Photo identity.
- Address and signature proof.
- Pan card / Form 60.

What is the rate of interest on Loan Against Gold?

Rate of interest on Gold Loan ranges between 12% - 25% per annum.