Overview of Gold Loan in Gurugram
A gold loan in Gurugram allows you to pledge gold ornaments or coins to secure quick funds for personal or business needs. In 2025, lenders like Muthoot Finance, Manappuram Finance, and HDFC Bank offer gold loans in Gurugram with interest rates starting at 8% per annum. Loanpao helps you compare offers, check eligibility, and apply for gold loans tailored to Gurugram’s financial market.
Eligibility Criteria for Gold Loan in Gurugram
| Criteria | Details |
|---|---|
| Age | 21 to 70 years |
| Residency | Resident of Gurugram with valid address proof |
| Gold Purity | 18 to 22 carat gold ornaments or coins |
| Gold Ownership | Applicant must own the pledged gold |
| Income Proof | Not mandatory for most lenders |
| Credit Score | Not required for gold loans |
Documents Required for Gold Loan in Gurugram
- Identity Proof: Aadhaar Card, PAN Card, or Passport.
- Address Proof: Utility bill, Aadhaar, or Rental Agreement (Gurugram address).
- Photographs: 2 passport-sized photographs.
- Gold Ownership Proof: Purchase receipt (if available).
Benefits of Gold Loan in Gurugram
- Low interest rates starting at 8% per annum in 2025.
- Loan amounts up to ₹1 crore based on gold valuation.
- Instant disbursal within 1-2 hours from lenders like Muthoot in Gurugram.
- No credit score or income proof required.
- Flexible repayment tenure up to 3 years.
Factors Affecting Gold Loan in Gurugram
Interest Rate
Rates range from 8% to 12%, depending on the lender and loan-to-value (LTV) ratio.
Loan Amount
Up to 75% of the gold’s market value, as per RBI guidelines in Gurugram.
Gold Purity
Higher carat (18-22) yields better loan amounts.
Market Gold Price
Fluctuations in gold prices affect loan amounts in Gurugram.
How to Apply for a Gold Loan in Gurugram
Follow these steps to apply for a gold loan in Gurugram through Loanpao:
- Visit loanpao.in and select "Gold Loan in Gurugram."
- Fill out the online application form with personal details (name, Gurugram address).
- Upload required documents (Aadhaar, PAN, address proof).
- Visit the lender’s Gurugram branch for gold valuation.
- Get funds disbursed within 1-2 hours after approval.
Loan Eligibility for Gold Loan in Gurugram
Check your eligibility for a gold loan in Gurugram with Loanpao’s eligibility tool:
- Enter gold details (weight, carat).
- Provide Gurugram address for localized offers.
- Specify applicant age (21-70 years).
Loanpao will instantly assess your eligibility and suggest the best gold loan offers in Gurugram.
Check Eligibility NowTrack Your Gold Loan Application in Gurugram
Loanpao provides a seamless tracker for your gold loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on your application status (e.g., valuation, approved, disbursed).
- Receive notifications for disbursal updates in Gurugram.
- Contact Loanpao support for assistance with delays in Gurugram.
Gold Loan Comparison in Gurugram
Compare gold loan offers from top lenders in Gurugram:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Muthoot Finance | 8% p.a. | Up to ₹50 lakh | Up to 3 years | 0.25% of loan amount |
| Manappuram Finance | 8.5% p.a. | Up to ₹75 lakh | Up to 2 years | 0.5% of loan amount |
| HDFC Bank | 9% p.a. | Up to ₹1 crore | Up to 3 years | 0.75% of loan amount |
Frequently Asked Questions
The minimum gold weight is typically 10 grams, but it varies by lender in Gurugram.
Interest rates for gold loans in Gurugram start at 8% per annum, depending on the lender.
Gold loans in Gurugram can be disbursed within 1-2 hours after gold valuation.
No, gold loans in Gurugram do not require a credit score as they are secured against gold.
The maximum loan amount can go up to ₹1 crore, depending on the gold’s value and lender policies.
Yes, most lenders in Gurugram allow early repayment without prepayment penalties.
If you fail to repay, the lender may auction the pledged gold to recover the loan amount.
Top lenders in Gurugram for gold loans include Muthoot Finance, Manappuram Finance, and HDFC Bank.
Yes, Loanpao offers an online application process, but gold valuation requires a branch visit in Gurugram.
Yes, most lenders in Gurugram offer free gold valuation during the loan application process.