RBI-regulated NBFC
Simple & inclusive

Gold Loan Eligibility Criteria

If you own gold, you're almost there.

Age 21–70 Any occupation 18K–22K gold
Anyone who is an Indian resident aged 21 to 70 and owns 18K-22K gold jewellery or coins is eligible for a Piramal Finance gold loan - salaried, self-employed, business owners, farmers and homemakers included.

Gold Loan Calculator

Get an instant, indicative estimate in seconds.

You could get a loan of up to
₹0
📌 How to use: Enter the total weight of the jewellery you want to pledge and pick its purity (check the hallmark). We apply Up to 75%* LTV on the gold value.

*Indicative only. Final amount depends on physical purity testing & weight at the branch.

Who can apply

Gold loan eligibility

You're eligible if you

  • Are an Indian resident aged 21 to 70 years.
  • Own gold jewellery or coins of 18K–22K purity.
  • Can provide a valid ID and address proof.
  • Are salaried, self-employed, a business owner, farmer or homemaker.

Eligibility at a glance

Age 21 – 70 years
Nationality Resident Indian
Occupation Any (salaried, self-employed, business, farmer, homemaker)
Gold purity 18K – 22K jewellery or coins
Coins Bank-minted, up to 50 grams
Income proof Required
Open to everyone

Eligible across every walk of life

💼

Salaried

No salary slips needed - your gold is the security.

🛒

Self-employed

Shopkeepers, traders and freelancers welcome.

🏭

Business owners

Quick working capital without lengthy approvals.

🌾

Farmers

Fund seasonal or agricultural needs against gold.

🏠

Homemakers

Use household gold for emergencies or goals.

🧓

Senior citizens

Eligible up to age 70, with the same simple process.

🪔

Professionals

Doctors, lawyers and consultants - all welcome.

Your gold

What gold is eligible?

Accepted

  • Gold jewellery and ornaments of 18K to 22K.
  • Hallmarked (916) jewellery.
  • Bank-minted gold coins up to 50 grams.

Not accepted

  • ×Gold below 18K purity and non-bank minted gold coins.
  • ×Gold bars / bullion and coins above 50g.
  • ×Jewellery with stones counted as gold weight (only gold content is valued).
Quick check

How much can you get?

Estimate your eligible loan amount from your gold's weight and purity.

You may be eligible for up to
₹0

*Indicative. Final amount depends on physical weight & purity testing at the branch.

Good to know

What affects how much you can borrow

Gold weight

More net gold weight means a higher eligible loan.

Purity

Higher karat (22K) gold is valued higher per gram.

📈

Gold rate

The day's market gold rate sets the value of your gold.

Documents

Documents you'll need

Minimal paperwork - just proof of who you are and where you live.

  • ID proof: Aadhaar, PAN, Passport, Voter ID or Driving Licence.
  • Address proof: Aadhaar, Passport, utility bill or rent agreement.
  • Photograph: one recent passport-size photo.
  • The gold you wish to pledge.
  • Income proofs like salary slips, Income Tax Returns (ITR), Form 16, and bank statements
See the full process & documents →
Questions

Eligibility FAQs

Who is eligible for a gold loan?

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Any resident Indian aged 21 to 70 who owns 18K-22K gold jewellery or coins is eligible - salaried, self-employed, business owners, farmers and homemakers included.

What is the minimum and maximum age for a gold loan?

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You must be at least 21 years old and not more than 70 years old to apply.

Is income proof required for a gold loan?

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Yes, Income proofs like salary slips, Income Tax Returns (ITR), Form 16, and bank statements are required. Eligibility is based on the value of the gold you pledge.

What gold purity is eligible?

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Gold jewellery and coins between 18K and 22K are accepted. Bank-minted gold coins are eligible up to 50 grams.

Can self-employed people, farmers or homemakers apply?

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Yes. Gold loans are open to all occupations, including self-employed individuals, business owners, farmers, homemakers, professionals and senior citizens.

How much loan can I get against my gold?

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You can borrow up to 75%* of your gold's market value, depending on its weight and purity, in line with RBI norms.

Are gold bars or large coins eligible?

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Gold bars and bullion are not accepted, and bank minted gold coins are eligible only up to 50 grams. Jewellery and ornaments of 18K-22K are accepted.