Gold Loan

With attractive schemes, easy repayment options and lowest interest rates, DMPAY Nidhi Ltd. offers a hassle-free experience to avail gold loan.

DMPAY Nidhi Ltd. Gold loans could be availed for any amount between Rs.1,000 to a maximum of Rs.2 Lakh. Loans are available for periods starting from at least 7 days to one year. Our Gold loans don't have any lock- in-period and there are not any prepayment penalties. You can repay earlier than the scheduled as you desire. Anyone who is a member and owns gold ornaments can avail the loan. (Note: Minors are not eligible.) To obtain the loan, you need to submit your gold jewellery (within the Karat range of 18 to 24 k) at your nearest DMPAY Nidhi branch. The loan amount is sanctioned depending on the gold valuation which involves verification of its purity. The weight of stones etc. fixed on the ornaments are deducted for the intention of valuation.

  • No strenuous paper work
  • Offers for the amount ₹1000 to ₹1Lakhs
  • Quick and fast processing of loan
  • Minimum documents required
  • Easy payment format
  • Round the clock availability
Terms & Condition
  • We provides loans only to its members. So, before applying, you need to be a member first.
  • Loans to the members will be given against the securities of Gold, Silver and other Jewellery.
  • Gold loan will range from ₹1000 to ₹2,00,000.
  • Rate of interest on loan against gold is reasonable.
  • Repayment period of such loan will not exceed one year in case of Gold, Silver, and Jewelry.
  • The rate of interest will be calculated on reducing balance method.
  • In case of non-repayment of gold loan installment for 12 months, DMPAY Nidhi Ltd. shall have all the ownership right of that gold.
  • If the gold value is more than the loan remaining amount then after deducting the sale expenses and 6% penalty on remaining loan interest amount, remaining amount will be given to the loan holder.