Gold loans have emerged as a reliable and convenient credit solution, particularly in India, where gold holds immense cultural and financial value. Nearly every Indian household owns gold, often seen as a “rainy day” asset—reserved for emergencies or unexpected financial needs. Leveraging this idle asset through a gold loan unlocks liquidity without selling or parting with it, making it an ideal credit tool.
In our country, where many households prefer not to rely on formal credit channels, gold loans bridge the gap, offering a trusted and accessible solution. They empower individuals and businesses to meet diverse financial needs—be it funding education, managing a wedding, or expanding a business—without sacrificing long-term investments or savings.
Ease of Application: Gold loan is easy to apply and can be done in a few clicks from a smartphone. Simply click on the Avail Now tab of the gold loan section on Arvog website to proceed further.
Least Documentation: A gold loan has least documentation and does not require income proof, credit score etc. like for other unsecured loans. It is easy and quick.
Quick Processing: The gold loan application is processed faster than any other unsecured loans and the disbursal is also quick.
Credit Score Not Required: As borrower deposits the gold as collateral, the credit score has not much role to play. In fact, gold loan is the best option for the borrowers with lower credit score.
Lesser Charges: Gold loans do not have pre-payment charges and incur least processing fees, hence are always cheaper than other loans.
Large Loan Amount: Unlike other loans where the borrower’s documentation decides the loan amount, in case of a gold loan it is the value of gold that decides loan amount. Lender can sanction loan up to 75% of the gold value.
Flexible Repayment: The repayment of gold loan can be tailored to suit the borrower’s convenience. The lenders have multiple schemes to match every borrower’s need.
Safe: Once the borrower has repaid the loan, the gold pledged is returned.
Open Purpose: The gold loan comes with no purpose restriction. The borrower is free to use it for business or leisure.
By unlocking the value of gold, this credit tool helps Indians preserve their cherished assets while ensuring financial stability and independence, perfectly aligning with the ethos of self-reliance.
Arvog is a new-age, AI/ML-powered, customer-centric finance company that makes digital lending quick, efficient, and easy. We see worth in in lending wings to people’s aspirations, hopes and dreams. We believe purpose-driven credit can be a true-life enabler. Arvog is here to lend a helping hand, with affordable loans designed specifically for those who need them the most.
