Top 5 Gold Loan Apps in India in 2025 That Are Changing the Game

Mudra K
May 14, 2025
4 min read

Updated: May 16, 2025

📈 Introduction: Why Gold Loans Are Booming in India

India has always had a cultural and economic attachment to gold. In 2025, the rising cost of living, fluctuating income sources, and increased financial awareness have fueled the growth of the gold loan industry. Many Indians now prefer gold loans as a quick and secure way to unlock the value of their jewelry without selling it.

Gold loan apps are the newest convenience in this space. With smartphones in every hand and fintech adoption surging, accessing loans digitally using gold as collateral is easier than ever.

📱 What Are Gold Loan Apps?

Gold loan apps are mobile applications provided by banks or NBFCs (non-banking financial companies) that allow users to

Apply for gold loans online
Schedule pickup of gold jewelry
Track disbursement and repayment
Access customer support
Re-pledge or top-up loans

These apps combine speed, transparency, and security, eliminating the need to visit physical branches. As of 2025, the top gold loan apps offer competitive interest rates, app-based KYC, doorstep services, and real-time tracking.

🎯 How to Choose the Best Gold Loan App

Before downloading just any gold loan app, consider the following:

Interest Rates: Look for apps with the lowest interest rates and transparent fee structures.
Loan-to-Value (LTV): The higher the LTV, the more money you get per gram of gold.
Security: End-to-end encryption and insured logistics are must-haves.
App Usability: Simple navigation, low app crashes, and responsive support matter.
Processing Time: The faster the disbursal, the better.
Reviews & Ratings: Check real user reviews on the Play Store or App Store.

1. 🏦 HDFC Bank Gold Loan App

Key Features

Instant eligibility check
Doorstep gold collection and loan disbursal
Loan calculator to estimate returns
Flexible repayment tenure

Interest Rates and Charges

Interest rates start at 9.50% p.a.
Processing fee: ₹500 0.5%, whichever is higher
Tenure: 3 to 24 months

Pros and Cons

Pros:

Trusted bank name
User-friendly app
Branch support available

Cons:

Slightly longer processing for rural areas
App occasionally faces login delays

2. 🔷 Muthoot Finance Gold Loan App

Key Features

Over 5,500 branches connected via app
High LTV ratio up to 75%
Live gold rates available
24x7 customer support

Interest Rates and Charges

Interest rates: 7.99% to 21% p.a.
Minimal processing charges
Multiple loan schemes to suit users

Pros and Cons

Pros:

Extensive network support
Personalized gold loan schemes
Quick disbursement

Cons:

App interface could be improved
In-app tracking not real-time

3. 💰 Manappuram Gold Loan App

Key Features

Real-time loan calculator
Instant renewal options
Credit score not required
Bilingual app (supports multiple Indian languages)

Interest Rates and Charges

Interest rate: Starts at 6.90% p.a.
No hidden charges
Pre-closure allowed without penalty

Pros and Cons

Pros:

Low starting interest rates
Wide accessibility
Loan approval within minutes

Cons:

Rural disbursement may take time
Technical glitches reported by some users

4. 📦 Rupeek Gold Loan App

Key Features

30-minute doorstep gold loan service
Bank-grade lockers used for gold safety
Pay-per-use loan model
High loan amounts with low documentation

Interest Rates and Charges

The rate starts at 9.88% p.a.
Zero processing fees for select locations
Minimal documentation required

Pros and Cons

Pros:

Transparent pricing
Gold insured during pickup
Top-up loan option available

Cons:

The rate starts metro and tier-1 cities
Customer support can be slow during peak times

5. 📱 IIFL Gold Loan App

Key Features

Gold pickup in 60 minutes
Paperless digital loan process
AI-based gold evaluation
Multiple repayment modes

Interest Rates and Charges

The interest rates start at 9.24% per annum.
No foreclosure fees
Loan tenure up to 24 months

Pros and Cons

Pros:

Quick approval and disbursement
Easy interface
Repayment reminders built in

Cons:

Some users report verification delays
Coverage not available pan - India

📊 Comparison Table of Top Gold Loan Apps

App Name	Interest Rate (p.a.)	The interest rates start at 9.24% per annum.		Doorstep Pickup	App Rating
HDFC Bank	From 9.50%	Up to 75%	₹500/0.5%	Yes	4.3/5
Muthoot Finance	7.99% to 21%	Up to 75%	Minimal	Yes	4.2/5
Manappuram	From 6.90%	Up to 75%	Nil	Yes	4.1/5
Rupeek	From 9.88%	Up to 75%	Zero (some cities)	Yes	4.5/5
IIFL	From 9.24%	Up to 75%	Nil	Yes	4.4/5

🎁 Benefits of Using Gold Loan Apps

Convenience: Apply from anywhere, anytime
Speed: Instant eligibility and fast disbursal
Transparency: Clear info on rates, fees, and repayment
Security: Your gold is insured and safely stored
Flexibility: Choose tenure and repayment plans

⚠️ Risks and Precautions While Using Gold Loan Apps

Hidden Fees: Always read the fine print
App Permissions: Avoid giving unnecessary access
Unregulated Lenders: Stick with RBI-registered NBFCs
Gold Mismanagement: Ensure your gold is insured and tracked

💡 Tips to Get the Best Gold Loan Rates

Compare interest rates and LTVs before applying.
Opt for shorter-tenure loans to save on interest.
Choose repayment me If you are an existing customer, please feel free to negotiate.
if you're an existing customer.
Use apps offering promo discounts or zero processing fees.

❓ Frequently Asked Questions (FAQs)

1. Are gold loan apps safe to use? Yes, if they are offered by RBI-regulated banks and NBFCs. Always verify their credentials.

2. Can I get a gold loan without visiting a branch? Absolutely. Most apps offer doorstep pickup and digital verification.

3. Which documents are required? Typically, you only need KYC documents like Aadhaar and PAN.

4. Can I trust these services to protect my gold? Yes. Reputed apps store gold in insured, bank-grade lockers.

5. How is the gold’s value determined? The app’s partner assesses purity and weight to determine the LTV.

6. Can I foreclose the loan early? Yes, most apps allow early repayment without penalty.

✅ Conclusion: Which App Should You Choose?

Choosing the right gold loan app depends on your location, loan size, and urgency. For those in metros, Rupeek is unbeatable for its speed and doorstep service. If you want lower rates, Manappuram and Muthoot are top picks. Are you seeking comprehensive service that includes branch access? Go with HDFC Bank or IIFL.