Is insurance mandatory for a gold loan?

No, insurance isn't mandatory with a gold loan.

More FAQs

What is a Gold Loan?
Is a co-signor/guarantor/co-applicant required for a gold loan?
What is the rate of interest on a gold loan?
How do I apply for a Gold Loan?
What are the Documents Required for a Gold Loan?
How do I Part-close/Foreclose/Repay/Close my Gold Loan?
What is a gold loan's processing time/TAT/turnaround time?
Is it advisable to take a gold loan?
If you miss your payments, can the lender sell your gold?
Can I take a gold loan from 2 banks?

See all FAQs

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