We provide different options to customers according to their preferences. One can choose higher amounts for his/her ornaments or can choose lower interest schemes or may go for short term or long term schemes. The Minimum amount to avail is Rs1000/-and maximum amount is up to Rs15 Lakhs. We know that these gold ornaments are very precious and favorite to you. So we guarantee you that it will be in Our Safe Hands in strong cash safes inside a strong room built as per standards and specifications applicable to commercial banks. The pledged gold ornaments are also insured for full value. Moreover, Security Personnel and modern electronic surveillance technology are deployed to protect your beloved gold ornaments.

Features & Benefits : –

Attractive Interests Rates.
Hassle-free quick processing of loans
Minimum documentation and quick disbursal
Simplified Paperwork.
Easy Payment options.
ATL – Anytime Liquidity
No EMI, Service only Interest and enjoy the Loan facility

Terms and Conditions :

The valuation of the gold ornaments will be done by Brofin. through authorized value, and the cost of valuation will be borne by the borrower.
Two colour photographs of gold ornaments are required..
Two colour photographs of the borrower and his/her ID proof are required.
The loan interest will be paid on monthly basis.
The borrower has to provide an affidavit declaring the ownership of the ornaments.

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 Brofin 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, Aaadhar 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.