General information only; not financial or tax advice. Laws and lender policies change—verify specifics before acting.
Gold loans are secured; PLs rely on credit profile.
Gold loans are secured by jewellery and can be quick with lower rates than many unsecured
personal loans. However, your gold is at risk if you default. Personal loans need no collateral
but charge higher rates on average.
Pick based on urgency, ticket size, and comfort pledging assets.
- Gold loan: lower APRs possible; risk of auction on default.
- Personal loan: no collateral; approval depends on income/score.
- Compare foreclosure terms, processing fees, and top‑up flexibility