Gold Loan
Have an urgent need for cash? Use your gold to avail a Gold Loan. Enjoy the flexibility to use it for a short period and pay interest for the days you use the funds. Same-day disbursal is possible for eligible gold loans, subject to KYC, valuation and our credit policy.
See it in action
Your gold, from counter to vault in 60 seconds
Valuation, a few quick checks and instant disbursal — then your gold is sealed and stored in our vault. Here is the whole process.
Key features
Why choose Recapita's Gold Loan
Same-day disbursal for eligible gold loans, subject to KYC and valuation
Interest charged for the period you use the funds
Your gold stays insured and secure in our custody
Minimal paperwork and a transparent, IBJA-referenced valuation
Eligibility
- Indian resident aged 18 years or above
- Owner of gold jewellery or ornaments (18–24 karat)
- Valid KYC documents
Documents required
- Aadhaar card / passport / voter ID (identity and address proof)
- PAN card
- Recent passport-size photograph
How it works
From application to disbursal in four steps
- 01
Online Application
Apply online and our customer care executives will get in touch with you.
- 02
Verification
Furnish the required documents for a simple, transparent verification, subject to KYC.
- 03
Approval
Your documents are assessed and your application is processed, subject to eligibility and our credit policy.
- 04
Disbursal
On approval, the sanctioned loan amount is disbursed directly to your bank account.
Interest & charges
Transparent pricing, disclosed up front
Your exact rate and charges are confirmed in your sanction letter and Key Facts Statement.
Indicative interest rate
12% – 24% per annum. A lower slab (12%–15%) applies where monthly interest is paid on time; a higher “jumping” slab (18%–24%) applies on delayed payments.
A Key Facts Statement (KFS) setting out the all-inclusive cost of your loan — including the Annual Percentage Rate (APR), fees and charges — is provided with your sanction, as required by RBI.
Schedule of Charges
| Charge | Details |
|---|---|
| Interest rate | As per the product range above and your sanction letter / KFS. |
| Processing fee | Determined by product type and loan amount; disclosed at sanction. |
| Prepayment / foreclosure | Nil for individual floating-rate loans; up to 5% on other loans for early closure before the agreed tenure. |
| Penal charges | Up to 24% per annum (non-capitalised), applied on the overdue principal only. |
| Cheque / mandate bounce | ₹500 plus GST per instance of dishonour or payment bounce. |
| Auction charges (secured/gold) | Actuals where recovery through auction becomes necessary, as per the loan agreement and Gold Auction Policy. |
| Stamp duty & statutory levies | At actuals, in accordance with applicable law. |
What happens if a loan is not repaid — auction & your rights
If a gold loan is not closed by the due date, the pledged ornaments may be auctioned to recover the dues. Before any auction, we give you at least 14 days’ written notice in your local language, with the date and venue. The reserve price is set at no less than 85% of the 30-day average price of 22-carat gold (per IBJA). You can redeem or renew your loan any time before the auction, and any surplus after settling your dues is refunded to you — typically within 7 days.
Read the full Gold Auction PolicyAll loans are at the sole discretion of Recapita Finance Private Limited and are subject to KYC, eligibility, documentation, valuation and applicable RBI norms. Interest rates and charges vary by product, tenure and borrower risk profile, and are confirmed in your sanction letter and Key Fact Statement (KFS). Information on this page is indicative and for general guidance only — it does not constitute a binding offer of credit.
Questions
Frequently asked
How quickly can I get the money?
For eligible gold loans, funds can be disbursed the same day after valuation and KYC. Timelines depend on documentation and our credit assessment.
Is my gold safe with Recapita?
Yes. Your ornaments are sealed in your presence and stored in secure, insured vaults until you reclaim them.
How is interest charged?
Interest is charged on the outstanding amount for the period you use the funds. A lower rate applies when monthly interest is paid on time; a higher rate applies to delayed payments, as set out in our Interest Rate Policy.
Ready to conquer your next milestone?
Apply online and our team will get in touch - or call us directly at +91 9109915411.