FAQ on Loans Against Gold

What security do I need to provide to obtain this loan?
To obtain the loan you need to submit your gold jewellery, coins, biscuits or bars at the branch. The loan amount will be sanctioned based on the gold valuation."

What type of ornaments can be pledged for availing the loan?
Gold Jewellery, coins, biscuits and bars with a carat range of 18 to 24 can be pledged for availing the loan.

Who can avail of Reliance Loans against Gold Loans?
Salaried individual between 21 to 60 years Self Employed individual between 21 to 75 years Housewife."

What are the minimum and maximum loan amounts?
You can avail loans starting from Rs 50,000 onwards.

What are the loan tenure options?
The tenure of the loans is 6 months or 12 months and with EMI option you can take loan upto 36 months.

How do I repay the loan?
You have 3 options 1)You pay the principal loan amount at the end of the tenure and only interest servicing needs to be done on a monthly basis or2) You pay the principal loan amount at the end of the tenure and pay interest upfront or3)EMI payment."

Can I partially prepay my loan?
Part prepayment facility is available for Loans Against Gold

sms Gold to 55454**
call 1800 200 3838(toll free),
*All loans at the sole discretion of Reliance Commercial Finance Private Limited.
**sms charges as applicable.

Note: -"Please hand over your gold jewellery only to the authorized representative of Reliance Commercial Finance at our branch for approval of your loan. Reliance Commercial Finance would not be responsible for loss of jewellery in case the same is handed over to any unauthorized representative or outside the branch.""