Top-up / Personal Loan Against Gold
Extra funds on gold you have already pledged, or a personal loan part alongside your gold loan, subject to gold value and eligibility.
Gold Services
Gold Loan in Kolkata
Cash against your gold jewellery, with purity testing in front of you, secure locker storage and a flexible 3 to 12 month tenure.
- Gold Services
- Usually about 30 minutes after valuation and KYC*
About Gold Loan in Kolkata
Need money fast? Bring your gold ornaments to our office in Salt Lake, Kolkata, and take a loan against them. In most cases, cash or a bank transfer is ready within about 30 minutes after valuation and KYC are complete.
Your gold is weighed and tested in front of you. It is then sealed and kept in a secure locker until you repay. You can choose a tenure of 3, 6, 9 or 12 months. The name of the lending entity is printed on your written loan agreement.
Loans are subject to valuation, KYC and the lending entity's terms. Pledged gold may be auctioned as per the agreement if the loan is not repaid within the tenure and after notice.
Check Your Gold Loan Value
Gold Loan Calculator
Today’s 24K rate: ₹7,000/g
Approx. eligible loan amount
₹48,125
- Monthly interest (3%)
- ₹1,444
- Interest for 6 months
- ₹8,663
- Gold value
- ₹64,167
Pay interest on time and your effective rate can drop to as low as 1% per month under the rebate scheme.
Indicative only. Final value after gold valuation at our office. Stone weight is deducted.
Facilities With Your Gold Loan
Simple options to help you manage your loan the way that suits you.
Part-payment
Repay part of the loan whenever you have funds, to reduce your interest.
Top-up loan on same gold
Take extra funds on the gold already pledged, if its value allows. A 1% fee applies.
Renewal
At the end of the tenure, you can ask to renew the loan subject to terms at that time.
On-time rebate
Pay monthly interest on time and a lower effective rate may apply under the rebate slabs.
Interest reminders
Get SMS or WhatsApp reminders before your monthly interest is due.
Secure locker and insurance
Pledged gold is sealed, stored in a secure locker and covered by insurance.
Who Needs This Service
- Families who need money quickly for a medical need, education or a function
- Shopkeepers and small traders who need short-term working capital
- Farmers and self-employed people who need funds between income cycles
- Salaried people who want a short loan without a long approval process
- Anyone with unused gold jewellery at home who does not want to sell it
- Customers who want to move a gold loan from another lender to a clearer scheme
Key Benefits
Quick cash
In most cases, the loan is paid within about 30 minutes after valuation and KYC.
Testing in front of you
Weighing and purity checks happen at the counter, in your presence. The check is free.
Safe storage
Pledged gold is sealed and kept in a secure locker until you repay and collect it.
Rebate for paying on time
Pay your monthly interest on time and a lower effective rate may apply under the rebate slabs.
Eligibility and Applicability
- Indian residents aged 18 years or above with valid KYC
- Gold jewellery of 18 carat to 24 carat purity
- Ornaments such as chains, bangles (churi), earrings (tops), rings and necklaces
- Gold that you own and can pledge in your own name
The loan amount depends on the net weight and purity of your gold, as checked at our office. Stone weight is deducted. Final eligibility and amount are confirmed only after valuation.
Documents Commonly Required
KYC documents
- Aadhaar card
- PAN card
- Two passport-size photographs
- Address proof, if your present address is different from the one on your Aadhaar
- Nominee details
Gold
- Gold jewellery of 18K to 24K purity (chain, bangles, earrings, rings, necklaces)
- Purchase bill, if available (helpful but not always needed)
Document requirements can vary with the lender, product and your profile. We confirm the exact list before you visit. Never share OTPs or passwords with anyone.
Step-by-Step Process
Visit our office
Come to our Salt Lake office with your gold ornaments and KYC documents.
Free purity check
We weigh and test your gold in front of you. Stone weight is deducted and the net weight is used.
Choose your scheme
Pick a tenure of 3, 6, 9 or 12 months. We explain the interest, rebate slabs and charges before you decide.
Sign the agreement
You sign a simple written loan agreement. It shows the lending entity's name and all terms.
Receive the money
The loan is paid in cash or by bank transfer, usually on the same day.
Pay monthly interest
Pay interest every month. Paying on time may make you eligible for the rebate.
Repay and collect gold
Give us 7 days' notice, repay the loan and collect your sealed gold.
Gold Loan Scheme Terms
| Interest rate | 36% per year (3% per month) under the standard scheme |
|---|---|
| Rebate for on-time payment | Reduced effective monthly rate in slabs of 1% / 1.25% / 1.50% / 1.75% / 1.90% / 2.00% / 2.25% / 2.50% / 2.75% |
| Tenure | 3, 6, 9 or 12 months |
| Processing fee | As per loan amount, plus 18% GST |
| Release / top-up fee | 1% of the amount |
| Release notice | 7 days before collecting your gold |
| Late payment | Penal interest applies on missed monthly interest |
| Auction | If the loan is not repaid within the tenure and after notice, the pledged gold may be auctioned as per the agreement |
These terms are indicative. The final terms are confirmed in your written loan agreement, which carries the lending entity's name. Please note clearly: if the loan is not repaid within the tenure, and after notice is given to you, the pledged gold may be auctioned as per the agreement. Ask us to explain any term before you sign.
Estimated Timeline and Fees
Estimated timeline
Usually about 30 minutes after valuation and KYC
Time can be longer on busy days, for large amounts, or if documents are incomplete. Bank transfers depend on bank processing times.
Processing fee and charges
A processing fee is charged as per the loan amount. A release or top-up fee of 1% of the amount applies. Penal interest applies on missed monthly interest. All charges are explained before you sign.
Taxes and other charges
GST at 18% is added to the processing fee. Any other applicable taxes or charges are shown in your written loan agreement.
* All terms, including interest, rebate and charges, are confirmed in your written loan agreement. The final loan amount is decided only after valuation of your gold at our office.
Common Mistakes to Avoid
- Not reading the loan agreement and auction clause before signing
- Missing monthly interest payments and losing the on-time rebate
- Forgetting to give 7 days' notice before collecting your gold
- Expecting the full weight of stone-studded jewellery to be counted
- Letting the tenure end without repaying or asking about renewal
Frequently Asked Questions
How fast can I get a gold loan?
In most cases, the money is ready within about 30 minutes after your gold is valued and your KYC is complete. It may take longer on busy days or for large amounts.
Which documents do I need?
Aadhaar card, PAN card, two passport photos, nominee details and address proof if your present address is different. Bring your gold ornaments as well.
Is my gold safe with you?
Your gold is weighed and tested in front of you, then sealed and stored in a secure locker. Pledged gold is insured until you repay and collect it.
Can I make a part payment or take a top-up?
Yes. You can repay part of the loan at any time. You can also take a top-up on the same gold if its value allows. A 1% fee applies on release or top-up.
What happens if I do not repay?
Penal interest applies on missed interest. If the loan is not repaid within the tenure, and after notice is given, the pledged gold may be auctioned as per the agreement. Please talk to us early if you face difficulty.
Do you have a special gold loan for women?
Please ask our team about the schemes available at present. We will explain the current options when you visit or call.
Related Services
You May Also Need
Gold Loan Settlement and Takeover
Help to settle a gold loan with another bank or NBFC, release your pledged gold, and move it to a clearer scheme if you wish.
Sell Your Gold for the Best Price
Sell old, broken or unused gold jewellery at the live market rate, with a free purity test in front of you and payment on the spot.
Personal, Business, Home and Vehicle Loans
Help choosing and applying for personal, business, home, property, vehicle and education loans through our partner banks and NBFCs.
Talk to Our Team
Have a Question About Gold Loan?
Call, WhatsApp or visit our office. We will explain what applies to you, the documents needed and all charges before you decide.
- Callback during office hours
- Written quote before any work begins
- No obligation to proceed
Speak to an expert
Tell us what you need. We will explain the documents, process and fees before you decide.
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