Gold Loan

Let the gold add glitter to your life. Unlock the value of your gold while you continue to own it.

Miraab India Nidhi Ltd designed to provide liquidity against gold and gold Jewellers without having to sell them. Let your gold help you bring the golden period in life...

Features & Benefits-

  1. Avail Loan up to Rs. 2,00,000 & up to 85% of value
  2. Hassle-free quick processing of loans
  3. Minimum documentation and quick disbursal
  4. Simplified Paperwork
  5. Easy Payment options
  6. ATL - Anytime Liquidity
  7. No EMI, Service only Interest and enjoy the Loan facility
Gold Loan Product Name Rate Of Interest LTV Duration

MINL + (plus)
19% 80% up to 1 months
16% 75% >3 to 6 months
14% 75% >6 to 12 months

MINL Vanitha 
18% 70% up to 3 months
16% 75% >3 to 6 months
13% 80% >6 to 12 months

MINL Business Gold Loan
19% 80% up to 3 months
17% 75% >3 to 6 months
14% 75% >6 to 12 months

MINL Educational Gold Loan


Instalment up to 12 months and the cash will be deposited directly to the institution's bank account only

Terms & Conditions

  1. The rate of interest will be @ 6% *per year or as applicable from time to time as prescribed by the Com. Act 2013.
  2. Avail loan amount ranging from Rs. 1000 to Rs. 2, 00,000.
  3. The valuation of the gold ornaments will be done by Miraab India Nidhi Ltd through authorised value, and the cost of valuation will be borne by borrower.
  4. Two coloured photographs of borrower and his/her ID proof are required.
  5. The loan interest will be paid on monthly basis.
  6. In case of nonpayment of interest for 12 months, the Gold ornaments will be sold by Miraab India Nidhi Ltd.
  7. The expenditure on sale of Gold ornaments plus due loan amount and 5% penalty rest on due amount interest will be deducted and balance amount will be deposited in to loan account.
  8. The borrower has to provide an affidavit declaring the ownership of the ornaments.
  9. In case the borrower does not pay the interest a penalty of 5% has to be paid along with next interest instalment.