Transfer Gold Loan
If your gold loan provider, whether it is a bank or an NBFC, is not providing you with the greatest price for your gold, or if you could not bear the burden of high interest rates, you may want to consider shifting your gold loan. You might look for a gold loan transfer and we are here to assist you if this happens.
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To initiate the process, you will need to share the existing pledge card
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Once the details are verified, a document with newly calculated loan amount is sent for confirmation.
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After receiving the confirmation, the borrower need to complete the KYC process.
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The borrower will then be advised to pay the pending interest amount to the original lender before transferring it to the new lender
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Once this amount is paid, the gold loan will be transferred successfully to the new vendor