FAQs

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FAQs

What is a Gold Loan?

A gold loan is a secured loan where individuals borrow money by pledging their gold jewelry or ornaments as collateral. The loan amount is determined based on the value of the gold, and if the borrower fails to repay, the lender can sell the gold to recover the outstanding amount. Gold loans are known for quick processing and shorter tenures compared to other types of loans.

Who is eligible to avail a gold loan?

Eligibility for a gold loan typically requires the borrower to be of a certain age, own gold assets, and meet income and documentation criteria. Credit history is usually less stringent, making gold loans accessible to a broader range of individuals. Check with specific lenders for detailed eligibility requirements.

What are the documents required for a gold loan?

The tags details and summary have you covered.

How is gold loan different from other loans like personal loan and business loan?

Ten-tickles!

How do I know if a Lending Paisa executive is authentic?

Depends on who are you asking.

What type of gold can I pledge to avail the gold loan?

Depends on who are you asking.

What happens if the loan amount is not repaid on the due date?

Depends on who are you asking.

I need some more information; how can I contact Lending Paisa Gold Loans?

Depends on who are you asking.

What are the benefits of taking gold loans from Lending Paisa?

They make up everything

Is CIBIL required?

Nobody knows.

What are the benefits of taking gold loans from Lending Paisa?

Inheritance.

Is my gold safe with Lending Paisa?

Ten-tickles!

How to apply for a Lening Paisa Gold Loan?

Depends on who are you asking.

#The loan value/gm is provided based on the rates followed by one of our lending partners. These rates can vary depending on the selection of lending partner. This loan value is tentative,final will be decided at the time of appraisal depending upon the quality and quantity of the gold.

Apply For Gold Loan

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