Overview of Gold Loan in Alwar, Rajasthan
Gold loans in Alwar, Rajasthan, provide quick cash against gold jewellery for personal or business needs. In 2025, these loans offer interest rates starting at 7.5% p.a., with loan amounts up to ₹50 lakh based on gold valuation. Lenders like Muthoot Finance, Manappuram Finance, and SBI provide flexible tenures up to 3 years. Loanpao helps Alwar residents compare gold loan offers, check eligibility, and apply online for same-day disbursal.
Eligibility Criteria for Gold Loan in Alwar
| Criteria | Details |
|---|---|
| Age | 21–70 years |
| Gold Quality | 18–24 carat gold jewellery |
| Ownership | Applicant must own the gold |
| Residence | Valid Alwar address proof |
| Credit Score | Not mandatory; gold secures the loan |
Documents Required for Gold Loan in Alwar
- Identity Proof: Aadhaar, PAN Card, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or rental agreement (Alwar address).
- Gold Ownership Proof: Purchase receipt (if available).
- Photographs: 2 passport-sized photos.
Benefits of Gold Loan in Alwar
- Loan amounts up to ₹50 lakh based on gold value.
- Low interest rates starting at 7.5% p.a. in 2025.
- Quick disbursal, often within hours in Alwar.
- No credit score required; gold is the collateral.
- Flexible repayment options up to 3 years.
Factors Affecting Gold Loan in Alwar
Gold Valuation
Loan amount depends on gold purity (18–24 carat) and current market rates.
Interest Rate
Rates range from 7.5% to 12% p.a., based on lender and loan tenure.
Loan-to-Value (LTV) Ratio
Up to 75% of gold value as per RBI guidelines.
Lender Policies
NBFCs like Muthoot may offer higher LTV than banks like SBI in Alwar.
How to Apply for a Gold Loan in Alwar
Follow these steps to apply for a gold loan in Alwar through Loanpao:
- Visit loanpao.in and select "Gold Loan in Alwar, Rajasthan."
- Fill out the online application form with personal details (name, Alwar address).
- Upload required documents (Aadhaar, address proof).
- Schedule gold valuation with top Alwar lenders like Muthoot or SBI.
- Get approval and funds disbursed within hours in Alwar.
Loan Eligibility for Gold Loan in Alwar
Check your eligibility for a gold loan in Alwar with Loanpao’s tool:
- Confirm age (21–70 years).
- Verify gold quality (18–24 carat).
- Provide Alwar address proof.
- Estimate loan amount based on gold weight and market rates.
Loanpao will assess your eligibility and suggest the best gold loan offers in Alwar.
Check Eligibility NowTrack Your Gold Loan Application in Alwar
Loanpao provides a seamless tracker for your gold loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on status (e.g., gold valuation, approved, disbursed).
- Receive notifications for disbursal updates in Alwar.
- Contact Loanpao support for assistance with delays in Alwar.
Gold Loan Comparison in Alwar
Compare gold loan offers from top lenders in Alwar:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Muthoot Finance | 7.5% p.a. | Up to ₹50 lakh | Up to 3 years | 0.25% of loan amount |
| Manappuram Finance | 8.0% p.a. | Up to ₹40 lakh | Up to 2 years | 0.5% of loan amount |
| SBI | 8.5% p.a. | Up to ₹30 lakh | Up to 3 years | 0.75% of loan amount |
Frequently Asked Questions
Gold must be 18–24 carat for a gold loan in Alwar.
Gold loans in Alwar are disbursed within hours after gold valuation.
Up to ₹50 lakh, based on gold weight and market value.
No, a credit score is not required as the gold serves as collateral.
The lender may auction the gold to recover the loan amount after due notice.