Question 1

What is a gold loan?

Accepted Answer

A loan obtained by securing your gold jewelry with the lender is called a gold loan. You will receive instant funds on pledging your gold ornaments, thus it can also be called a loan against gold. This way your gold ornaments are mobilized to generate funds instead of lying idle.

Question 2

How does a gold loan work?

Accepted Answer

Walk into any Indel Money branch with your gold ornaments and documents. After evaluation and verification, the loan amount is sanctioned instantly.

Question 3

What is the benefit of getting a gold loan from Indel Money?

Accepted Answer

Indel Money offers low interest rates, minimal documentation, flexible repayment options, in-house gold valuation and secure storage, ensuring complete peace of mind.

Question 4

What is the gold loan interest rate?

Accepted Answer

Gold loan interest rates typically range from 12% to 30% annually depending on the scheme.

Question 5

Am I a good candidate for a gold loan?

Accepted Answer

Any Indian citizen who owns gold ornaments can apply for a gold loan from Indel Money.

Question 6

Is my gold secure with Indel Money?

Accepted Answer

Yes. All branches have CCTV-monitored secure vaults ensuring 24x7 safety of your pledged gold.

Question 7

Why choose a gold loan over a personal loan?

Accepted Answer

Gold loans have lower interest, no prepayment charges, higher loan limits and more flexible repayment options compared to personal loans.

Question 8

How fast is gold loan processing?

Accepted Answer

With correct documents, gold loans at Indel Money are processed and disbursed in 10–15 minutes.

Gold Loan

Business start-ups and expansions

Medical emergencies

Educational loan

Capital for large purchases

Other personal financial needs

Today's Gold Rate : - 11956 Rs /-