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Gold Loan Bharni

Gold loan is a kind of secured loan, as the banks provide the loan against gold collateral. Banks give the borrowers this loan by keeping gold jewelry and coins, which is returned to the loan applicant on repayment of the loan amount.

Gold Loan Bharni Eligibility Criteria

 For Gold loan, there are some eligibility criteria that the Applicant has to qualify to get a gold loan. These are

First of all, the Applicant should be a resident of India.

After that, the borrower has a minimum age limit of 18 years.

Furthermore, to apply for a gold loan, Applicant should have a minimum of 10 grams of gold.

Documents Required for Gold Loan Bharni

However, the documentation process in a gold loan is straightforward, but, still, certain documents are required to get a gold loan.

Identity Proof: First of all, one proof of identity is required. Anyone of the given tests is accepted (Aadhar Card/Voters Card/Driving License/ Passport)

Residence Proof: After that, one proof of residence is also required to get a gold loan. It can be (Aadhar Card/Card/Ration Card/ Electricity Bill of the last three months with the name of the applicant/ Telephone.

Bill of previous three months with the name of applicant / Passport Copy)

In Addition to that, two passports sized colored photographs are required to get a gold loan.

Proof of ownership of Land is required if you are applying for an agriculture gold loan.

Gold Loan Bharni Interest Rates

In general gold, the loan is available at straightforward rates of interest. The interest rates are less than that of a personal loan or any other kind of loans. Though the interest rates keep on changing time to time and person to person but still, the gold loan is available at 1% per month interest rate.

Features of Gold Loan Bharni

It is noteworthy that the Gold Loan comes with so many features. So let us discuss them one by one.

First of all, the gold loan is straightforward to apply.

After that, gold Loan gets disbursed within 15 minutes.

Furthermore, the interest rates on the gold loan are quite affordable and satisfactory.

Besides that, in a gold loan, the documentation process is straightforward.

Finally, the gold loan required no credit check.

Gold Loan Bharni Procedure

The Applicant needs to visit

After that, the Applicant fills the application with the required information.

But the Applicant should fill the contact number.

At last, the Applicant gets a call from our side if he/she is eligible.

Forms of Gold

Not every type of gold is considered by the bank to provide the Gold Loan. There are some restrictions.

First of all, the purity of the gold should lie in between 18 Karats to 22 Karats.

After that, gold in the form of jewelry is accepted.

Furthermore, gold coins that weigh less than 50 Grams are readily accepted.

Is gold loan Secured?

Yes, it is essential to note that the gold loan comes in the category of secured loans. Because in a gold loan, the customers put their gold ornaments into the bank’s locker as security or as collateral. If the customer is unable to return the gold loan on time, then the bank is liable to sell his gold ornaments.


First of all, offers a straightforward process of application of the gold loan.

After that, the customer gets a good comparison of the interest rates of other banks as well.

Furthermore, the company provides the document pickup facility from your doorstep.

About Bharni

Bharni is a Village located in Kankavali Taluka in Sindhudurg District of Maharashtra State, India.