Gold Loan Goniana

The people buy gold on every occasion.It is like an investment to them as they can sell it or place it as collateral in times of need. The gold loan is a deal where a person gets instant cash by placing the gold as collateral without having to sell it. It is a multipurpose loan that can be sued for any purpose according to the requirement.

Why one should choose Gold Loan in Goniana?

  1. Minimal Documentation.
  2. Easy repayment schemes.
  3. The Loan gets sanctioned in just a few minutes.
  4. The money is offered to the customer after a quick evaluation of gold.
  5. It is free from the hassle of long paperwork.
  6. Low interest rates.

Following are the Features of Gold Loan Goniana:

  1. The cost of Rs 1 Crore can be given with gold loans.
  2. The gold jewels are much secured in the lockers of lenders than your lockers.
  3. The loans can be taken out at any time.
  4. The rates of interest are lower for the applicants who want to utilize these loan amounts in farming.
  5. The documents which are needed by the banks and NBFCs are less in numbers.
  6. The processing time of these loans is only a few minutes, quickest of all.
  7. The over drafting can be a profit for the customers.

Rate of Interest on Gold Loan Goniana

  1. The banks and NBFCs are availing the gold loans at a rate of 10.5% p.a.
  2. The banks and NBFCs are providing the loans for a period of 1 to 4 years.
  3. The charges of the pre-closure are in between 0% and 2% of the outstanding value of the loan.




Minimum: 18 year

Maximum (at loan maturity): 70 year

Gold requirements

Minimum 10 gram of gold

Loan Amount

Minimum: 15k

Maximum: No Limit



Employment Status




Documentation for Gold Loan Goniana

  1. Borrower Identity: Two passport size colored photographs
  2. Proof of Identity: Passport Copy/ Voters ID card/ Driving License/Adhar card/ PAN card.
  3. Residence Proof: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.
  4. Signature Proof: Passport Copy/Driving License/Banker's verification/cheque

Additional Documents Required

The banks generally demand the above-given documents. However few banks demand some additional documents which are as follows

  1. Land Proof: In the case of Agriculture Loan of more than Rs. 1 lac. The proof is not required for allied agriculture purposes.
  2. Income proof: Salary Certificate and Form No.16.

About Goniana:

The City of Goniana is a municipal council in Bathinda, the Indian state of Punjab. Goniana has situated about 13 KM from Bathinda on National Highway 15 (NH 15). Goniana is also called as Goniana Mandi.

How to Apply

Apply online on

Check the eligibility        

Call the helpline number 600-11-600 or 95920-46860

Visit the bank

Submit all the documents

Get the loan

We assure you that we will provide you with the lowest interest rate on your gold as compared to others call us 95920-46860 for more details.