Gold is an asset when it is used wisely. Selling them is a difficult option. That’s why gold loan turned out to be the best and simplest way to use your gold without losing it. At Manappuram Asset Finance, we’ve been doing it across India with over 68 branches. With our top-tier gold loan services, you can access your money through gold quickly and confidently.
This blog aims to serve as a guide
from your financial partner, in which you will be walked through our gold loan
application process.
Our services stand out because we
achieve modern processing speeds with expertise. We offer loans from ₹3,000
with LTV (Loan-To-Value) as high as 75%,
based on purity.
Instant credit, minimal paperwork, and
crystal clear services. Your gold is stored safely with full insurance under
RBI norms.
And with our hybrid model, you could
start with a branch and continue online. Get the best personal and digital
service here.
You are good to go if you are above 18
years and are an Indian citizen. With a minimum purity of 18 karats, you could
easily apply for gold loan.
The required documents that you have
to bring are:
●
ID Proofs: Aadhaar Card,
Passport, Voter's ID, Driving License, or NREGA Card
●
Address Proofs: Utility Bills,
Passport, Voter ID, or Ration Card.
●
Bank details &
passport-size photo—for KYC and app setup
Since a gold loan is a
collateral-based borrowing, you could easily get hold of it without credit
checks, guarantors, or loan justification.
The first step is to visit your nearby
Maafin Branch and pledge your gold. If you sign up for an Online Gold Loan
(OGL) service, you could enjoy all the services from your home. Here, all you
have to do is deposit the gold at the first visit.
Then the gold is weighed, calculated,
and tested for purity. You can either use our Gold Loan calculator from the
website or just visit the branch.
The thing to remember is to remove the
weight of gems to maximise the value. Also, ask about your branch; some may
allow higher LTV.
Once your gold is pledged, you can
easily manage it on our app or portal
●
Log in to the OGL app/website
●
Choose the option Pledge More
or Re‑pledge, enter weight/value
●
Bank account will be updated
while doing pledge offline
●
Get funds instantly credited—no
need to revisit a branch
●
You can transact 24×7, track statements, view
interest, and top up pledges easily.
You can repay the Gold Loan in bullet
payments or as a lump sum. Repayment options under our gold loan services will be explained during the loan disbursement
process.
●
If you don’t repay, your gold
will only be auctioned after several reminders
●
Gold prices fluctuate—your LTV drops when
rates fall, so it's wise to borrow when prices are steady.
●
Keep communication clear—speak to the branch
manager or email if delays crop up.
●
Read the fine print: stationery, postage,
insurance charges while you apply for
gold loan—they’re transparent.
FAQs
Which lender’s best for a gold loan?
NBFCs like Manappuram Asset Finance
offer high LTV (75%), fast disbursal, and no CIBIL checks. Banks are slower
What is the procedure for a gold loan?
●
Visit the branch with gold
& docs
●
Pledge & sign up digitally
●
Switch online, get funds
●
Manage interest & repayment
●
Close or renew
What are the eligibility criteria to apply for gold loan online?
●
You must be an Indian citizen
●
The age criterion is above 18.
●
The gold should be of 18 karat
purity.
●
You should have a POI & a
POA
How can I apply for gold loan?
Walk into the branch for valuation and
enrollment, then switch to the OGL app/portal for full control.
Maafin’s gold loan services let you get the cash from your gold securely and
transparently.
Ready to apply for gold loan? Visit your nearest branch, register for OGL,
and turn your gold into opportunity—on your terms.
