A loan against gold involves pledging your gold ornaments with a lender in exchange for a loan amount. The lender assesses the value of the gold and sanctions a loan based on a percentage of this value. You repay the loan over a specified period, and upon full repayment, your gold is returned.

Here are some of the benefits of taking a loan against gold: very low interest rates, a completely safe process, doorstep pick up and return of your gold by trusted agents, RBI-approved lockers for maximum security, and the loan is disbursed immediately.

Any Indian resident can qualify for an Airtel Gold Loan. No income proof or credit score check is needed. Just ensure you only provide gold jewellery. The loan cannot be provided on gold bars or coins.

The interest rate for Airtel Gold Loans starts at just 1.08% per month. The actual interest rate may vary depending on the amount of gold and other factors.

You will need to have gold worth at least ₹10,000 to get your gold loan from Airtel.

The gold loan scheme from Airtel is provided in association with Muthoot Finance Gold Loans. However, the schemes can vary between users, the amount of gold they are offering, the duration, and other factors.

You can apply online, and our loan manager will visit your home at a scheduled time to complete the evaluation process, and money will get transferred to your account within 30 minutes. You can also visit your nearest Muthoot Fincorp branch to choose a scheme and apply for a gold loan. It will get approved instantly, and you can take your funds home on the same day.

There is no maximum amount when you borrow from Airtel Gold Loans. You will only be able to get up to 75% of your gold amount as credit.

Airtel has partnered with Muthoot Fincorp, and the gold is stored at their branches itself, at lockers which have been approved by RBI. There is a three layer security in place for your gold storage.

As soon as you apply, the Airtel Gold Loan official will visit you at your home. Once you hand over the gold, the credit will be deposited in your account within 30 minutes.

There are no extra fees or hidden charges applicable when you choose Airtel Gold Loans. You will just have to pay a tiny processing fee, which is just 0.3% of the gold amount.

You can use any gold jewellery to procure the gold loan. However, you cannot use any gold bars or coins to get a loan.

The value of your gold will be determined by the gold loan officer or at the Muthoot Fincorp branch.

Yes, your gold is completely safe. There is a triple-layered security where your gold is stored, and you can get it back whenever you want, provided you pay the interest and principal back.

Yes, you can prepay or foreclose the entire loan amount without any extra charges or fees.

If you fail to repay the gold loan, you will be sent multiple reminders in the beginning. If you fail to repay the gold loan consistently, then it may result in your gold being auctioned off, your credit score can be affected and there might be legal problems as well.

The only documents needed to apply for Airtel Gold Loans are your identity and residence proof, along with a cancelled cheque. Identity proofs we accept are: Aadhar Card, Voters ID, Passport or Driving License. Address proofs we accept are: Aadhar Card, Voter ID, Passport, Driving License or Utility Bill (Phone/Gas/Electricity/PAN Card or Form 60).

There are no special gold loan schemes for small businesses or entrepreneurs.

A gold loan offers very low interest rates. Furthermore, when you apply from Airtel Finance, you can enjoy the benefits of free pick up & home delivery of your gold, low interest rates, completely approved by RBI and three-tier security assured by Muthoot Fincorp.