A gold loan is the cheapest money in India — and the easiest to overpay for.
Households borrow against gold because it is fast and needs no credit history. What they rarely see is the gap between the advertised rate and the rate they actually get: slab downgrades on repayment delay, valuation and processing charges, foreclosure penalties, and renewal terms that quietly reset the loan. On a ₹10 lakh loan, a 4-point effective rate gap is roughly ₹40,000 a year of avoidable cost.
- Headline rate vs. effective rate, computed for your tenure
- Loan-to-value caps compared — how much cash your gold actually unlocks
- Foreclosure and part-release rules, in plain language
- Auction-notice and renewal timelines tracked so pledged gold is never lost by default
Every lender, one honest table.
Sorted by our Transparency Score — an editorial 1–10 view of how honestly a lender prices and communicates. Rates are indicative and change; the concierge confirms live numbers for your city and gold weight.
| Lender | Type | Interest p.a. | Max LTV | Processing | Foreclosure | Transparency |
|---|---|---|---|---|---|---|
| Loading lender data… | ||||||
Indicative rates collected from public lender disclosures. GoldBridge is not paid by lenders for placement.
1 · Tell us about your gold
City where the gold sits, approximate value and how much cash you need. Two minutes, no documents yet.
2 · We benchmark and audit
Live rate check with matching lenders plus a written hidden-charge audit for your case.
3 · Concierge runs the loop
Introductions, document checklist, branch coordination (or representative guidance for NRIs) until disbursal.
Auction-notice watch
Pledged gold is auctioned when a loan goes unserviced. We track your renewal and notice dates and warn you in advance.
LTV drift alerts
When gold prices fall, your loan-to-value slips and lenders can call for a top-up. You hear it from us first, not from a notice.
Renewal calendar
Most gold loans are 6–12 month instruments that need active renewal. We keep the calendar so you never roll over blindly.
One flat fee. No commission on your loan.
We are paid by you, not by lenders — which is the only way a comparison stays honest. Govt Taxes at 18% are added at checkout.
Everything people ask before they pledge gold.
Does MyPropey lend money against my gold?
No. GoldBridge is a comparison and concierge service. MyPropey does not disburse loans, hold your gold, or act as a lender. The loan agreement is always directly between you and an RBI-regulated bank or NBFC.
How is GoldBridge different from walking into a gold loan branch?
A branch shows you one lender's price. GoldBridge benchmarks the full market — headline rate, real slab rate, loan-to-value cap, processing fee, valuation charge, foreclosure penalty and renewal terms — and tells you what the loan actually costs over your tenure.
Can an NRI take a gold loan in India?
In most cases yes, but the lender list is much shorter and the documentation is heavier — passport, PAN, OCI or visa proof, and usually a representative who can physically visit the branch. The NRI concierge tier maps that path for your specific bank and city.
What is the Transparency Score?
A 1–10 score we assign each lender based on published-versus-effective rate gap, clarity of slab downgrade rules, foreclosure charges, and how auction notices are communicated. It is our editorial view, not a regulatory rating.
What happens after I pay the concierge fee?
You get a WhatsApp confirmation immediately and a call from a coordinator within one business day. The fee covers benchmarking, the hidden-charge audit and end-to-end follow-up. Lenders never pay us to rank higher.
Are taxes included in the price?
Prices shown are the base fee. Govt Taxes at 18% are added at checkout and the total is what Razorpay charges.
Know someone about to pledge family gold?
Share the comparison table. Most people discover the effective rate only after the first slab downgrade.