Individuals who meet the following five basic criteria are eligible for a gold loan:
1. Must be an Indian national.
2. Minimum age: 21 years; maximum age: 70 years.
3. Gold purity should be between 18K and 22K.
4. For bank-minted coins, gold must be 24K, with a maximum limit of 50 grams per applicant.
5. Applicants should be salaried, self-employed professionals, businessmen, farmers, or traders.
The following documents are required for a gold loan:
1. KYC documents (Aadhar card, Voter ID, Passport, or PAN card).
2. Two passport-sized photographs.
3. Completed application form for the gold loan.
Confirm the conditions clearly and thoroughly before proceeding.
Gather all necessary documents to support your application.
Fill out the application completely and accurately.
Wait for approval patiently after submission.