Piramal Finance, an NBFC established in 2014 and headquartered in Mumbai, offers a gold loan with interest rates from 15% to 30%. Loan amounts range from ₹25,000 to ₹50 lakh, with tenure between 3 and 12 months. The processing fee is 0.15%, and the foreclosure charge is NIL, though a minimum of 15 days' interest applies if the loan is closed within 15 days of disbursal.
Only gold of 18 to 22 karat purity is accepted as collateral. Required documentation includes the application form, an end-use declaration, an ownership declaration, Aadhaar e-KYC consent, and income documents where applicable. Rate type, minimum CIBIL score, age limits, minimum salary, and employment type eligibility are not published for this product.
As published by Piramal Finance. Your branch may ask for more.
Up to 75% of the assessed gold value — the RBI loan-to-value cap. The rate depends on the lender and scheme, not your credit score.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.