Documents Required for Gold Loan

Documents required for a gold loan vary from one lender to another depending on the type of scheme, category of the borrower and lender’s policy. Some banks may require you to submit only KYC documents, while others may also ask for income proof to establish your income to service the loan repayment. The detailed gold loan documents list for all top lenders in India is mentioned below.

Following is the gold loan documents list for top gold loan providing banks:

HDFC Gold Loan Documents Requirement

• Passport (not expired)
• Driving license (not expired)
• Voter’s ID card
• UIDAI issued the Aadhaar card
• PAN card or Form 60
• A passport-sized photograph
• Agriculture allied occupation documentation (only in case of bullet repayment for agriculture customers).

ICICI Bank Gold Loan Documents Requirement

• 2 passport-size photographs
• Any of the following identity proof gold loan documents list with a photo
  • Driving licence
  • Passport
  • Voter’s ID card
  • Aadhaar card
  • Ration card
• Any of the following address proof documents:
  • Driving licence
  • Passport
  • Voter’s ID card
  • Aadhaar card
  • Ration card
  • Job card issued by NREGA
• Proof of land holding is required for direct agricultural activity if the loan value is above Rs. 1 Lakh.
• Supporting documents are required for all allied agricultural activities if the loan value is above Rs. 5 Lakhs.

Bank of India Gold Loan Documents Requirement

• Any of the following identity and address proof documents are accepted for the Bank of India loan against gold:
  • Rent agreement
  • Driving license
  • Passport
  • Aadhaar card
  • Utility bills
  • Voter's ID card
• The bank may also ask for gold jewellery certificate(s) during the gold loan application process.

Axis Bank Gold Loan Documents Requirement

• Duly filled & signed loan application along with recent passport-size photographs.
• Proof of photo identity, address, and signature
• PAN card/ Form 60
• Age proof
• Post-disbursement documents (if any)
• Submitting insufficient documents may result in a higher gold loan interest rate.

Bank of Baroda Gold Loan Documents Requirement

• Duly filled & signed gold loan application
• Recent passport-size photographs of the applicant
• Identity proof such as Aadhaar card, PAN card, passport, voter’s ID, or driving license.
• Residence proof such as a ration card, passport, utility bills, or Aadhaar card.

Indian Bank Gold Loan Documents Requirement

Submit the documents mentioned below to get the best gold loan rate per gram today:

• Duly filled in application form
• Identity proof such as voter ID, PAN card, aadhaar card, passport, or driving license.
• Address proof such as a voter ID, Aadhaar card, driving license, or passport.

Canara Bank Gold Loan Document Requirement

• Gold loan application form with a signature.
• KYC documents such as a passport, PAN card, Aadhar card, or driving license.
• Income proof, such as the latest salary slips, Form 16, bank statements, etc.
• Certificate provided by the Jewel Appraiser, arranged by the bank.

SBI Gold Loan Document Requirement

SBI is one of the best gold loan banks and requires you to submit the following documents to apply for the loan:

• Documents required at the time of the loan application
  • Duly filled & signed gold loan application form
  • 2 passport-size photographs
  • A valid government-approved identity proof like a driving license, PAN card, voter’s ID, passport, or Aadhaar card.
  • A valid government address proof like a passport, utility bills, driving license, or Aadhaar card.
  • Witness Letter (in case the borrower is illiterate).
• Documents required for gold loan at the time of disbursement
  • Gold ornaments take the delivery letter
  • DP note & DP note take delivery letter
  • Arrangement letter

Federal Bank Gold Loan Document Requirement

To meet the gold loan eligibility in Federal Bank, new customers must furnish the following documents:

• Recent passport-size photographs
• Identity proof like Aadhar card, driving license, passport, voter’s ID card, or PAN card.
• Address proof like Aadhar card, telephone bill, ration card, electricity bill, passport, lease agreement, trade license, or sales tax certificate.

Muthoot Gold Loan Documents Required

• Loan application, mentioning the purpose for which the loan is being availed of.
• Demand a promissory note & take the delivery letter.
• Terms & Conditions letter with the declarations, undertakings and acknowledgement by the borrower.
• Applicant’s consent to get their Aadhaar details for authentication with UIDAI for eKYC.
• Any one of the following identity proof documents is required for a gold loan:
  • Passport
  • Driving license
  • Voter ID card
  • PAN card
  • Aadhaar card
  • Ration card
  • Any other identity card issued by a government authority/ PSU/ nationalized bank, with the applicant’s photograph.
• Any one of the following address proof gold loan documents list:
  • Ration card
  • Bank passbook
  • Aadhaar card
  • Latest electricity/ telephone bills
  • Any other identity card issued by a government authority/ PSU/ nationalized bank, with the applicant’s photograph.

If you have all the above-mentioned documents available, use the online gold loan calculator to know your eligibility and apply for the gold loan now.

Bajaj Finance Gold Loan Documents Requirement

• Any one of the following identity proof documents:
  • Passport
  • Aadhaar card
  • Driving license
  • Voter ID card
  • NREGA job card
• Any one of the following address proof documents:
  • Voter ID card
  • Driving license
  • Aadhaar card
  • Passport
  • NREGA job card
  • Electricity bill
  • Letter issued by the National Population Register
• If the submitted document doesn’t have your updated address, you can submit any of the below-mentioned documents required for gold loan as address proof:
  • Property/ Municipal Tax Receipt
  • Utility bill of the current/ previous month
  • Letter of Allotment of Accommodation from your employer
  • Pension/ Family pension document
• A relevant income proof document should be provided if asked by the lender to establish your repayment capacity.
• The applicant must submit all the documents mentioned above to get the best gold rate today for the loan.