Gold Loan

For Enquiry

Gold Loan

We offer various options to members tailored to their preferences

We understand that your gold ornaments are precious and hold a special place in your heart. That’s why we ensure they remain in safe hands, securely stored in robust lockers within a strong room built to the highest standards and specifications. Additionally, your pledged gold is fully insured for its entire value. To further safeguard your treasures, we have deployed security personnel and advanced electronic surveillance technology

Gold Loan Schemes (For Private Circulation Members Only)

Scheme Int. Rate Loan-To-Value per Gram Loan Tenure
G - Scheme 20% 80% of Gold Value 1 Year
O - Scheme 18% 70% of Gold Value 1 Year
Y - Scheme 17% 60% of Gold Value 1 Year
L - Scheme 16% 50% of Gold Value 1 Year
T - Scheme* 15% 77% of Gold Value 1 Year
Scheme Int. Rate Loan-To-Value per Gram Loan Tenure
G - Scheme 20% 80% of Gold Value 1 Year
O - Scheme 18% 70% of Gold Value 1 Year
Y - Scheme 17% 60% of Gold Value 1 Year
L - Scheme 16% 50% of Gold Value 1 Year
T - Scheme* 15% 77% of Gold Value 1 Year

*In T-scheme, interests has to be cleared within every 30 days to avail the 15% interest rate. Failure to clear the interest in every 30 days will result in an increase in the interest rate.

  • Anyone who is a member and owns gold ornaments can avail the loan. (Note: Minors are not eligible.) The loan amount will be sanctioned on the basis of gold valuation which involves verification of its purity. The weight of stones (and other non gold pieces) fixed on the ornaments will be deducted for the intention of valuation.
  • Interest is calculated only for the exact period of loan and to the exact number of days. If the loan is closed on the same day, interest is charged for that one day only.
  • Welfare Nidhi Limited Gold loan products have a tenure of one year and you can repay earlier than the scheduled as you desire.
  • Gold ornaments accepted as pledge by the members are stored at our office in strong cash safes inside a strong room built to the standards and specifications applicable to commercial banks and all the pledged gold ornaments are insured for full value.
  • Electronic surveillance technologies including CCTVs are deployed in our office for the safety of the pledged gold ornaments
  • To abide by the KYC (Know Your Customer) Policy of RBI and approved KYC norms of our Company, we insist to produce one document of identity proof (Such as Ration Card with photo, Driving License, PAN Card, Voter ID card, Passport, Aadhaar Card etc.) and one document of residential address proof (Such as Telephone Bill, Electricity Bill, Water Bill, Bank account / Credit Card Statement, Municipal / Local/House Tax Bill / Receipt, Authentic Rent Receipt / Lease Document, Letter from reputed employer/ Public Authority).
  • For the security purposes, all the members will be photographed during their first transaction.
  • For more information, call us at +91-9447077131