Gold loan is a secured loan, as the loan is provided by the banks against gold collateral. Banks provide borrowers with this loan by keeping gold jewellery and coins, which is returned back to the loan borrower upon repayment of the loan amount that is due. A loan secured with gold ornaments is offered for short to medium term duration and is generally processed within minutes without the need of tedious paper work.

Why is Gold Loan preferred?

To meet the immediate financial requirements, gold loan is a preferred choice of individuals for several reasons. Some of those reasons include:

• Gold loans interest is low as compared to other available options such as personal loan
• Gold loan tenure is very flexible and its tenure varies from a few days to 5 years.
• Many banks and NBFCs do not levy pre-payment charges on gold loans.
• To get this loan, only minimal documentation is required.
• Fast disbursement of the loan is another much loved feature of gold loan.

We offer gold loan schemes with the submission of your gold jewelry at your nearest branches of Awsar Nidhi Limited. The loan amount will be offered as per the value of your gold jewelry which will be estimated by the purity of your gold jewelry (the range in karat 18K to 24 K). We can ensure you the safety and the correct measurement of value for your gold, without you being worried about any kind of risks involved. We treat your gold as our obligation so you don’t need to fret upon the submission anytime. We work for best gold loan services to make you realize that even though you don’t find anyone that care about your dreams, we can offer you a hand to support you and achieve that dream together.