Chola Gold Loan

Chola Gold Loan

Unlock More Value from Your Gold

Cholamandalam Investment and Finance Company Limited (Chola), a Murugappa Group company, is one of India's most trusted financial services providers. With decades of experience and a strong nationwide presence, Chola delivers simple, transparent and customer-first financial solutions. Our gold loan offering is built on strong processes, secure storage and flexible repayment options — helping you unlock the full value of your gold with complete confidence

Get higher loan eligibility and flexible repayment options with Chola Gold Loans. Pay monthly interest or repay everything at the end — the choice is yours.

Key Highlights

Higher loan eligibility with Interest-Only option
Loans starting from ₹5,000
Quick processing and disbursal
Safe & secure gold storage

Features & Benefits

Wide Loan Range

Balance Transfer

Easy Renewal & Part Release

Quick Processing

Convenient Tenure

Easy Renewal & Part Release

Gold Safety Assurance

You can apply for a Chola Gold Loan if you meet the following criteria.

Indian individual — no co-borrower required
Aged between 21 and 75 years
Own gold jewellery or coins of 18 karats or above

Meet internal credit and verification requirements
Within serviceable pin code distance from branch
Loans above ₹2.5L: repayment capability assessment

Gold Requirements

What Gold Do We Accept?

Accepted

Gold ornaments — necklaces, bangles, earrings, chains (18K+)
Gold coins up to 50g aggregate per borrower
Wax bangles up to 25% net weight (max 30g gross)
Sikh / Punjabi Kada up to 100g (18K+)
Bengal Bangles (Pola, Shanka, Noa) — under 3g net

Not Accepted

Gold biscuits, bars, bullion
Diamonds, platinum, white gold, rose gold
Gold statues, vessels, spoons, crowns
Rajasthani Kundan sets, Baju bands
Broken items or ornaments with >50% stone weight
ETFs or mutual funds backed by gold/silver

Your Gold is Safe with Chola

🏦 Secure Vault Storage

Strong rooms with dual-control OTP access under central surveillance. Two joint custodians are required to retrieve any pledged gold packet.

📡 Tamper-Proof RFID Tracking

Every gold packet is sealed with a unique RFID tag. Any opening triggers a mandatory re-appraisal and fresh tagging to ensure complete traceability.

📹 24×7 CCTV Surveillance

All gold appraisal and handling activities are conducted under continuous CCTV monitoring and recorded for compliance.

🛡️ Insurance & Compensation

Pledged gold is insured throughout the loan tenure. In case of release delays beyond seven working days attributable to Chola, compensation of ₹5,000 per day is provided.

📋 Periodic Audits

An independent regional audit team conducts regular branch and vault inspections. Every unaudited packet is checked to ensure integrity.

🔐 Controlled Handling

Professional Cash Management Services are used for transportation. Branch employees do not carry cash or gold outside the branch premises. All transit is fully insured.

What is a gold loan?

A gold loan is a secured loan where you pledge your gold ornaments as collateral to get funds for a specified period. The loan amount is based on the value and purity of the gold pledged.
What is the difference between Bullet and Interest-Only loans?

In a Bullet loan, you pay nothing during the tenure — principal plus interest is paid as a lump sum at maturity. In an Interest-Only loan, you pay just the interest every month, and the full principal is repaid at the end.
What gold do you accept?

We accept gold ornaments and coins of 18 karats and above. Gold bars, biscuits, bullion, diamonds, platinum, and broken items are not accepted.
How long does it take to get a gold loan?

The entire process — from gold evaluation to KYC verification to disbursal — can be completed in about 30 minutes at any Chola Gold Loan branch.