How does the gold loan transfer process work?

You need to submit a transfer request and required documents. Airtel Finance will verify and settle the outstanding amount with your current lender. Once settled, the gold is transferred to Airtel Finance, and a new loan agreement is signed.

Can I transfer my gold loan from any bank or financial institution to Airtel?

Yes, you can transfer your gold loan from any bank or financial institution to Airtel Finance, subject to their verification process and criteria.

What documents are required for a gold loan transfer?

You need identification proof, address proof, existing loan documents, proof of gold ownership, and any other documents requested by Airtel Finance.

How long does it take to complete the gold loan transfer process?

The transfer process typically takes a few days, depending on the verification and settlement procedures with your current lender.

Will my interest rate change if I transfer my gold loan to Airtel?

Yes, you will benefit from Airtel’s competitive interest rates on gold loan, which start 9.50% per annum.

What happens to my existing gold loan after it is transferred to Airtel?

Your existing gold loan will be closed, and a new loan agreement will be made with Airtel Finance. Your gold will be securely stored with Airtel Finance.

Will Airtel provide me with a new loan agreement after the transfer?

Yes, after the transfer process is completed, Airtel Finance will provide you with a new loan agreement outlining the terms and conditions of your gold loan.

Gold Loan Transfer

Gold loan transfer with Airtel lets you easily move your current gold loan from another bank to Airtel. Just submit your request and required documents. Airtel verifies your loan details, settles any outstanding amounts with your current lender, and securely stores your gold. You get a new loan agreement with Airtel at competitive rates and flexible terms, thereby, ensuring a smooth transition.

Apply Now Apply Now

Gold Loan EMI Calculator Online

Check how much loan you can get against your gold. Enter gold weight to get instant estimates.

Gold Weight (in grams) 10g

1g100g

Gold Price / gram ₹5,000

₹1K₹30K

Loan-to-Value Ratio 75%

50%90%

Gold Value

Eligible Loan

LTV Ratio

Get Gold Loan Now Get Gold Loan Now

How to apply for a Gold Loan?

Get a gold loan from Airtel Finance with a few steps

Open Airtel Thanks App

Find Shop > Airtel Finance

Select Airtel Gold Loan

Fill in your basic details

At home or branch

Choose how to deposit

Complete the KYC

Get your credit in exchange

Apply Now Apply Now

What is the process of Gold Loan Transfer/Takeover?

Transferring your gold loan to Airtel Finance involves a few simple steps. First, you need to submit a transfer request along with the required documents for gold loan. Airtel Finance will then verify your documents and the outstanding loan details from your current lender. After verification, Airtel Finance will settle the outstanding loan amount with your current lender, and the gold will be transferred to Airtel Finance’s custody. Finally, a new loan agreement will be signed with Airtel Finance, and you can start benefiting from their lower interest rates and better terms.

Reasons to Choose Airtel for Gold Loan

Low Interest Rate: Airtel offers competitive interest rates, starting at just 1.08% per month.

Instant Disbursal: Get your loan disbursed quickly, often within 24 hours.

Secure Storage: Your gold is kept in RBI-approved lockers for maximum security.

Flexible Options: Choose to deposit your gold at home or at a branch.

Easy Process: The entire application process is simple and can be done online with minimal paperwork.

Eligibility Criteria for Gold Loan Transfer

Existing Gold Loan: You must have an active gold loan with another bank or financial institution.

Loan History: A good repayment history with no defaults on your current gold loan.

Gold Quality: The gold pledged should meet the purity criteria set by Airtel Finance.

Documentation: You need to provide all required documents for the transfer process.

Applicable Fees and Charges for Gold Loan Transfer

Processing Fee: 2% to 5% of the loan amount + GST.

Valuation Fee: Charges for the appraisal of your gold.

Foreclosure Charges: Any charges for closing the existing gold loan early, if applicable.

Stamp Duty: As per state regulations for the new loan agreement.

Documents required for Gold Loan Transfer

Identification Proof: Aadhaar card, PAN card, passport, or driving license.

Address Proof: Utility bill, Aadhaar card, voter ID, or passport.

Existing Loan Documents: Statements and details of the current gold loan.

Proof of Gold Ownership: Purchase receipt or self-declaration.

Other Supporting Documents: As requested by Airtel Finance.

Put your idle gold to work & get up to ₹2 Crore!

Gold Loan Transfer

Gold Loan EMI Calculator Online

Benefits of Gold Loan

RBI approved lockers

100% gold insured

No early closure charges