Are there any income requirements for Gold Loan eligibility?

Anyone can obtain gold loans—salaried employees, self-employed professionals, businessmen, senior citizens, or homemakers. However, basic documents may be required to establish the applicant's identity, residence, and repayment ability. Those without income can also provide co-applicant documents.

Gold loan providers may evaluate repayment capacity based on income stability for higher loan amounts. With adequate gold to pledge, even those with limited income can get smaller-ticket gold loans, especially for short durations.

The key is one's repayment discipline and ability to service interest payments rather than income level.