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HGNL Nidhi Limited –GOLD LOAN

Your Gold, Your Financial Power.

HGNL NIDHI LIMITED GOLD LOAN

HGNL NIDHI LIMITED

GOLD LOAN

HGNL NIDHI LIMITED offers a secure and convenient way to turn your gold into instant liquidity — without having to sell your precious ornaments. Whether you need funds for business, education, or emergency, our gold loan is designed to give you financial freedom with minimal hassle.

Features and Benefits-:

Loan Amount

Avail between ₹1,000 to ₹2,00,000

Quick Disbursat

Fast processing with minimal paperwork

Simple Documentation

One-time submission of basic ID and address proofs

Flexible Repayment:

Interest-only payments — no monthly EMIs

Terms and Conditions:

  • In case of nonpayment of interest for 12 months, the Gold ornaments will be sold by HGNL NIDHI LIMITED..
  • 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..
  • The borrower has to provide an affidavit declaring the ownership of the ornaments..
  • In case the borrower does not pay the interest a penalty of 5% has to be paid along with next interest installment.
  • The rate of interest will be @ 14% to 18% per year.
  • Avail loan amount ranging from Rs. 1000 to 2 Lakhs.
  • Two colored photographs of borrower and his/her ID proof are required..
  • The loan interest will be paid on monthly basis..

Who can apply and what you need to get started

Gold Loan Eligibility and Required Documents

Gold Loan - Eligibility:

Anyone who is the 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 MSMBINL branches. The loan amount will be sanctioned on the basis of gold valuation which involves verification of its purity. The weight of stones etc. fixed on the ornaments will be deducted for the intention of valuation.

Gold Loan - Documents:

To abide by the KYC (Know Your Customer) Policy of RBI and approved KYC norms of our Company, we insist to produce one document of identity proof (Such as Ration Card with photo, Driving License, PAN Card, Voter ID card, Passport, Aadhar Card etc.) and one document of residential address proof (Such as Telephone Bill, Electricity Bill, Water Bill, Bank account / Credit Card Statement, Municipal / Local/House Tax Bill / Receipt, Authentic Rent Receipt / Lease Document, Letter from reputed employer/ Public Authority).There are no end-use restrictions in gold loans..

HGNL NIDHI LIMITED LOAN ONLY AGAINST SECURITY

HGNL NIDHI LIMITED

LOAN ONLY AGAINST SECURITY

HGNL NIDHI LIMITED offers a secure and convenient way to turn your gold into instant liquidity — without having to sell your precious ornaments. Whether you need funds for business, education, or emergency, our gold loan is designed to give you financial freedom with minimal hassle.

Features and Benefits-:

Attractive Interest Rates

Get competitive rates tailored to your needs.

Doorstep Service

Enjoy personalized service right at your home or office.

Balance Transfer Facility

Shift your existing loans to HGNL for better rates.

Nominal Prepayment Charges

Flexibility to pre-close your loan without heavy fees.

Terms and Conditions:

  • Duly filled loan application form with applicant photograph.
  • Copy of approved building plan & sanction letter.
  • Copy of NA (Non-Agricultural) permission.
  • Guarantor’s form & salary proof (or IT returns if self-employed).
  • Company documents – MoA/AoA, partnership deed, business profile.
  • Residence and age proof (PAN card, Voter ID, Passport, etc.)
  • Bank statements/passbook (1 year).
  • Latest salary slips (if employed).
  • Balance sheets, P&L, IT returns for 3 years (self-employed).

Additional Requirement:

A. (In case of purchase from builder)
  • Copy of Agreement for sale.
  • Copy of registration receipt.
  • Copy of sanctioned plan & sanction letter of the competent authorities.
  • Copy of NA permission/ULC order.
  • Copies of receipts of payments already made.
  • NOC from builders in our format.
  • Allotment letter.
  • Share certificate, Society registration certificate.
  • Copy of sale/lease deed in favor of the society.
  • NOC from society in our format.
  • ssession letter in original.
  • Copy of all previous vendors agreements duly stamped and registered and the registration receipts. (Original to be given before disbursement)
  • NOC from Society/Builder in our format.
  • Original Share Certificate.

HGNL NIDHI LIMITED Get a loan against your Deposit at low interest rate.

HGNL NIDHI LIMITED

Get a loan against your Deposit at low interest rate.

In just 24 hours. A hassle-free application process and guaranteed approval means that you get the funds you require without delay. Apply for a HGNL NIDHI LIMITED Loan Against Deposit for the best solution to your financial needs, from holidays, to weddings, to making a large purchase, to emergencies.

Features and Benefits-:

Up to 90% Loan Value

Get a loan of up to 90% of your deposit amount including accrued interest.

Minimal Documentation

Just one-page form and basic KYC for quick approval.

Quick Disbursal

Receive the loan amount in your bank within 24 hours.

Flexible Repayment Tenure

Repayment aligned with the remaining term of your deposit (post 90 days).

No Extra Charges

No foreclosure or part-prepayment charges.

Low Interest Rate

Low Interest Rate Interest is linked to your deposit rate, ensuring affordable EMIs.

Loan Range ₹1,000 to ₹2 Lakhs

Suitable for small to medium financial needs.

Secure with Deposit Pledge

Loan backed by Term Deposit or Recurring Deposit as security.

Eligibility Criteria

To apply for a Loan Against Deposit (LAD) from HGNL NIDHI LIMITED:
  • Applicant must be a registered member of HGNL NIDHI LIMITED.
  • Must hold an active deposit account (F.D., R.D., or M.I.S) for at least 90 days from the date of application.
  • Only members meeting the above criteria are eligible for LAD approval.
  • Linked directly to the deposit scheme's rate (Term Deposit or Recurring Deposit).
  • Clearly mentioned in the sanction letter provided during loan approval.
  • Varies depending on the current applicable deposit plan at the time of application.
  • Identity Proof: PAN Card, Aadhaar, Voter ID, Driving License, Passport, etc.
  • Address Proof: Recent utility bill (within 2 months), bank statement, rent receipt, house tax bill, etc.
  • Loan approval is typically done within minutes, if documents are complete.
  • Final loan approval is at the sole discretion of the Branch Head.
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