Introduction to Gold Loans for Rural Borrowers

Loanpao’s gold loan schemes for rural India provide quick and affordable financing by pledging gold ornaments. Tailored for farmers, small business owners, and rural residents, these loans offer low interest rates starting at 7.5% p.a., flexible repayment, and fast disbursal to meet urgent financial needs in 2025.

Why Choose Loanpao’s Gold Loans?

Loanpao’s gold loans are ideal for rural borrowers due to:

  • Low Interest Rates: Starting at 7.5% p.a. for rural schemes.
  • High Loan-to-Value (LTV): Up to 75% of gold’s market value.
  • Flexible Tenure: 3 months to 3 years, aligned with rural cash flows.
  • Quick Disbursal: Funds within 24–48 hours.
  • Minimal Documentation: Simple KYC for rural accessibility.

Gold Loan Schemes for Rural Borrowers

Loanpao partners with banks and NBFCs to offer these rural-focused schemes:

Scheme Interest Rate (p.a.) Loan Amount Tenure
Rural Gold Loan (General) 7.5% - 10.0% ₹10,000 - ₹20 lakh 3 months - 3 years
Agricultural Gold Loan 7.0% - 9.0% ₹10,000 - ₹5 lakh 6 months - 2 years
Women’s Rural Gold Loan 7.5% - 9.5% ₹5,000 - ₹10 lakh 3 months - 2 years
Emergency Gold Loan 8.0% - 11.0% ₹5,000 - ₹2 lakh 1 month - 1 year

Note: Rates and terms vary based on gold purity, market value, and lender policies. Contact Loanpao for personalized offers.

Eligibility Criteria

Rural borrowers must meet these criteria for Loanpao’s gold loans:

  • Age: 18–70 years.
  • Residency: Residing in rural or semi-urban areas.
  • Gold Ownership: Own gold ornaments (18–22 carat).
  • KYC: Valid Aadhaar, Voter ID, or PAN Card.
  • Purpose: Personal, agricultural, or small business needs.

Tip: Higher gold purity (22 carat) may fetch better LTV ratios.

Documents Required

Loanpao ensures minimal documentation for rural borrowers:

  • Identity Proof: Aadhaar Card, Voter ID, or PAN Card.
  • Address Proof: Aadhaar, ration card, or utility bill.
  • Gold Ownership: No formal proof required; gold is verified by lender.
  • Bank Details: Bank account for loan disbursal (optional for small loans).

Types of Gold Loans for Rural Areas

Loanpao offers various gold loan schemes for rural needs:

  • Agricultural Gold Loans: For farming expenses like seeds or equipment.
  • Personal Gold Loans: For medical, education, or household needs.
  • Women’s Gold Loans: Special schemes for rural women entrepreneurs.
  • Emergency Gold Loans: Quick funds for urgent financial crises.
  • Business Gold Loans: For small-scale rural businesses or shops.

Benefits of Loanpao’s Gold Loans

Choosing Loanpao for rural gold loans offers:

  • Low interest rates starting at 7.5% p.a.
  • Quick disbursal within 24–48 hours.
  • Flexible repayment options, including bullet payments.
  • Safe storage of gold with trusted lenders.
  • Special schemes for rural women and farmers.

Frequently Asked Questions

Loanpao offers rates starting at 7.5% p.a. for rural gold loan schemes.

Up to ₹20 lakh, based on gold’s market value and purity.

No, gold loans typically don’t require a credit score, as gold serves as collateral.

Yes, agricultural gold loans are available for farming expenses.

Funds are disbursed within 24–48 hours after gold valuation.

Gold of 18–22 carat purity is accepted for loans.

Yes, Loanpao offers women’s gold loan schemes with lower rates for rural borrowers.

Yes, Loanpao partners with trusted lenders ensuring secure gold storage.

Yes, early repayment is allowed with minimal or no penalties, depending on terms.

Apply online via Loanpao’s website or visit a partner branch with gold and KYC documents.