Welcome to Suvarnkranti Urban Multistate Nidhi Limited

Gold Loan from Suvarnkranti Urban Multistate Nidhi Limited

Use your gold to help you get a Gold Loan. Your gold stays safe while you can go ahead and take advantage of every opportunity. Suvarnkranti Urban Multistate Nidhi Limited Gold loans may be availed for any amount between Rs.1,000 to a maximum of Rs.1.00 crore. Loans are available for periods ranging from one month to one year. Our Gold loans do not have any lock- in-period and there are no prepayment penalties. You can repay earlier than the scheduled as you desire. Anyone who is the member and owns gold ornaments can avail the loan. To obtain the loan, you need to submit your gold jewellery (within the Karat range of 18 to 24 k) at our 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.

1.5% to 2.5%

Interest Rate

1 - 12 Months


100% Safe

No Risk

1000 - 1 Cr

Loan amount

Features & Benefits

  • Avail Loan upto Rs. 2,00,000 & upto 85% of value
  • Hassle-free quick processing of loans
  • Minimum documentation and quick disbursal
  • Simplified Paperwork.
  • Easy Payment options.
  • Anytime Liquidity.
  • No EMI, Service only Interest and enjoy the Loan facility

Terms & Conditions:

  • The rate of interest will be @ 1.5% to 2.5% per month.
  • Avail loan amount ranging from Rs. 1000 to Rs. 2, 00,000.
  • The valuation of the gold ornaments will be done by Suvarnkranti Urban Multistate Nidhi Limited through authorized value, and the cost of valuation will be borne by borrower.
  • Two colored photographs of gold ornaments are required.
  • wo colored photographs of borrower and his/her ID proof are required.
  • The loan interest will be paid on monthly basis.
  • In case of nonpayment of interest for 12 months, the Gold ornaments will be sold by Suvarnkranti Urban Multistate 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.