What is a Gold Loan?

The gold can be a tool for you to earn the funds, instead of keeping it as an idol.

The banks and NBFCs want to pay the loans on the gold.

The lenders give the value of the gold in the loans and kept the gold deposits safe with them.

Why should one choose Gold Loan in Katra?

  1. Availability of pre-closure facility makes these loans different.
  2. The count of the required documents is minimum.
  3. The lowest amount provided in these loans is Rs. 18,000/-.
  4. There are no punishments on these loans.

Interest Rates Gold Loan Katra:

Check the Interest Rates for Gold Loan.

Interest Rate

Gold Loan interest rate

10.50% onward

Processing fee


Lone Tenure

3month to 36month

Loan Amount

RS.18k to RS. 1cr

The purity of eligible gold

18carat to 22carrat




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



Documents Required:



Borrower Identity

Two passport size colored photographs

Proof of Identity

Passport Copy/ Voters ID card/ Driving License/Adhar card/ PAN card.

Residence Proof

Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.

Signature Proof

Passport Copy/Driving License/Banker's verification/cheque

Additional Documents Required:

In Rural Area Agriculture Loan Against Gold Is Also Available For Agriculturist at Very Nominal Rate of Interest

Interest Rate

7% Onward


Agriculture Document needs to be provided

Features of Gold Loan:

Following are the Features of Gold Loan:

  1. The amount of Rs. 1 Crore can be paid in these loans.
  2. The gold which is submitted will remain safe and sound with the lenders.
  3. The loans are available at any time and any moment.
  4. The low interest rates are granted in these loans. If these loans are used in agricultural purposes then rates of interest can be lowered down.
  5. Minimum documents are required for these loans.
  6. The processing of these loans takes only few hours.
  7. The sense of freedom is there by the over draft facility.

About Katra

Katra is the city of Jammu and Kashmir. The city is a popular town in the resai district of Indian state of Jammu and Kashmir. The palace is situated in the foothills of Trikuta Mountains. The major language spoken here are Hindi.