Services
Elevating Your Gold Investment Experience
Gold Booking
Dive into the most exciting product in our portfolio. Secure 100 grams of gold over three years on interest-free EMIs. With a minimal booking amount and flexible EMI options, your golden future awaits. All you need to do is pay a booking amount of Rs. 1000/- and a processing fee of Rs. 1250/- per 10 grams. You can pay the balance amount of Rs. 49,000/- in easy EMIs over 12, 24, 36, 48, or 60 months. You must pay your EMIs regularly, and if you miss a payment, you will be fined Rs. 250/- per 10 grams per month as late payment charges. Delivery of your Gold: Once you complete the tenure, your booked gold will be delivered physically from the jeweller of your choice across India. If you prefer cash, we’ve got you covered too.
Frequently Asked Questions About Gold Booking
No, there are no additional charges apart from the booking amount paid and the scheduled EMIs. There are no charges for bank transfers. However, if you opt for physical gold delivery, GST and other government charges may apply as per state law.
No, VGold Ltd. offers a price lock facility with interest-free EMIs. The price, gold weight, and purity are fixed/locked at the time of booking.
VGold Ltd. is a limited company under ROC, Pune since 2011. We provide a booking receipt and legal agreement after your booking, along with a receipt for every EMI paid.
You must add a nominee for your account at the time of booking, as it is a mandatory requirement for the booking agreement.
Upon completing all your EMIs, you can receive the delivery of your gold from your chosen vendor or shop anywhere in India. Alternatively, you can transfer the maturity amount to your bank account on the maturity date.
Yes, you can close the account after 6 months from the booking date by paying a preclosure charge of INR 60.00 per gram along with the total pending EMIs. After 48 working hours from preclosure, you can either receive the gold delivery or have the maturity amount transferred to your bank account.
No, the maturity date is fixed at the time of booking and cannot be changed during pre-EMI payments.
You can pay your monthly EMI through bank transfer, UPI, NEFT, RTGS, or IMPS on or before the 15th of every month. There is a grace period until the 28th of the month, after which a penalty of INR 50.00 per gram per month will be applied.
Yes, once your paid EMI amount exceeds INR 50,000, you can check your loan eligibility on our app or website and apply for the loan. The interest rate on the loan is as low as 12% per annum.
Gold Deposit
Deposit your idle 24k 99.5% purity gold with us and watch your investment grow with a 5% gold quantity increase per annum. Flexibility meets growth in this unique offering. . You can deposit your idle lying 24k 99.5% purity gold (Vedhani/Biscuit) with us and earn a 5% gold quantity increase per annum. With a mandatory lock-in period of three months, you can withdraw anytime, and a gold quantity increment will be given on a pro-rata basis.
Frequently Asked Questions About Gold Deposit
Can I deposit Jewish arnoments?
No, Vighnaharta Gold Ltd. accepts only 99.5% pure gold in the form of gold vedhani or biscuits.
Can I deposit cash equivalent to today’s gold price?
Yes, in case you do not have physical gold and still want to take advantage of our gold deposit scheme, you can deposit the cash value equivalent to the gold rate by NEFT, RTGS/IMPS, UPI, or bank transfer. A bank cash deposit will be acceptable after consent is obtained from our office authority.
What is the minimum and maximum gold weight I can deposit?
You can make a gold deposit or the cash value equivalent of a minimum 10 grams of 99.5% pure gold. There is no maximum limit for deposits.
Do I need to submit the physical gold to the Vighnaharta Gold Ltd. office?
You can drop your gold at the Vighnaharta Gold Ltd. office personally and start the agreement process.
or
You can deposit the gold with our associated jewelers in your area. For a list of jewlers, you can check our website or contact us on +91 7448200440.
What are the documents required for a gold deposit?
You need to submit the KYC documents (PAN card and Aadhar card) along with your gold deposit. We do not need your financial documents for a gold deposit.
How can I nominate a nominee for my deposit?
At the time of deposit, nominee details are mandatory with nominee’s KYC documents.
After the maturity of the gold deposit, can I re-deposit it?
Yes, you can continue your deposit for N number of years without any redeposit charges with your increased gold weight and get compound interest on the deposit.
How can I get delivery after maturity?
After maturity, you can take physical gold of maturity weight from your preferred jeweler across India or get the amount bank transferred into your account equivalent to your gold maturity weight as per gold rate at the time of maturity.
Do I need to pay any charges at the time of maturity?
No, Vighnaharta Gold Ltd. does not take any charges for gold deposit maturity. You may need to pay the government duties or taxes as per the state laws at the time of maturity.
Can I withdraw the deposit at any time?
There is a 90-day locking period for gold deposits from the deposit date. After first 90 days, you may withdraw the gold at any time. The earnings will vary as per the no. of days the deposit remains with Vighnaharta Gold Ltd.
Here are the earnings as per the deposit days
91 days to 180 days :– Deposited Gold Weight + 2% gold weight per annum on pro-database
180 days to 364 days :– Deposited weight + 3% gold weight per annum on pro-database
After 365 days :– Deposited weight + 5% per annum
Can I obtain a cash loan on my gold deposit?
Yes, you are eligible to take loan amount equivalent to 80% of your gold deposit value any time after the gold deposit from our associated company, Vighnaharta Gold Nidhi Ltd. For detailed terms and conditions
Gold Loan
If you’re looking for a way to access funds using your gold, consider exploring a Gold Loan through our sister company, VGold Nidhi Ltd. With an effective rate of 0% to 7% P.A., you can leverage the value of your gold to unlock financial opportunities without having to sell it. Your gold is an asset that can help you achieve your financial goals, whether it’s funding your business, paying for education, or covering unexpected expenses. With VGold Nidhi Ltd., you can get the cash you need while retaining ownership of your gold.
Frequently Asked Questions About Gold Deposit
Can we get gold loan on jewish arnoments?
No, VGold Nidhi Ltd. can provide 80% loan amount on 99.5% of pure gold in the form of vedhani or biscuit as per the gold rate of the date.
What is the disbursement process?
The loan will be disbursed within 48 working hours after completing the process. The process includes below points
- A. Hand over the 99.5% Pure Gold to VGold Nidhi Ltd. office or with consent from the VGold Nidhi Ltd. office authorities, you can hand over the gold with authorized gold partner recommended by VGold Nidhi Ltd.
- B. Be a member of VGold Nidhi Ltd.
Register as a member with VGold Nidhi Ltd. by paying INR 2100.
INR 1000 as minimum balance in your savings account & you’ll earn a 4% annual interest on this balance.
INR 1000 as a Share Holder which pays you 15% dividend P.A. &
INR 100 as an Administration Fees - C. Purchase share with VGold Nidhi Ltd.You’re required to purchase shares in VGold Nidhi Ltd. by paying another INR 1000, entitling you to receive yearly dividends.
- D. Paying Administrative ChargesFurthermore, there’s an administrative charge of INR 100.00 for your loan account which has to be paid to VGold Nidhi bank account.
Which documents will be required for gold loan?
As a borrower, it is mandatory to sign the physical loan agreement with VGold Nidhi Ltd. during the loan disbursal process. Additionally, you must provide your KYC documents, such as your PAN card and Aadhar Card. Notably, VGold Nidhi Ltd. does not ask for any financial documents from borrowers.
Does the gold loan required any guarantor or guaranty?
No, VGold Nidhi Ltd provides the loan against your 99.5% pure gold value.
Do I have yo pay any processing fees for gold loan?
To obtain the loan, you need to register as a member with VGold Nidhi Ltd. by paying INR 1000. This amount serves as the minimum balance for your savings account with VGold Nidhi Ltd., and you’ll earn a 4% annual interest on this balance. Additionally, you’re required to purchase shares in VGold Nidhi Ltd. by paying another INR 1000, entitling you to receive yearly dividends. Furthermore, there’s an administrative charge of INR 100.00 for your loan account. In total, as a new customer of VGold Nidhi Ltd., you’ll need to pay a one-time non-refundable fee of INR 2100 to VGold Nidhi Ltd.’s bank account.
Can I borrow more loan on my existing loan?
Certainly, you can borrow an additional amount on your existing loan. The amount you can borrow depends on your past payments for the gold loan and the current value of your gold. Upon assessment, you can receive the updated loan amount promptly.
How can I pay the EMI of the loan?
You have the option to pay your monthly interest through NEFT/RTGS/UPI or bank transfer on or before the loan acquisition date each month. Additionally, you can make payments exceeding the interest amount, which will be adjusted towards your principal balance. Failure to pay the interst amout by the 30th incurs penalty charges per day basis.
How can I obtain the gold return?
You can settle the outstanding principal amount along with pending interest or penalty charges and close the account any point following three months from the opening date. 48 hours after close the account you can receive the gold return by either opting for gold delivery from a jeweller of your choice anywhere in India or by having the equivalent amount transferred to your bank account.
When can I close the gold loan account?
You can terminate/close the gold loan account at any point following three months from its opening date. Closing the account will not have any additional charges or fees. However, you must settle the outstanding principal amount along with pending interest or penalty charges if any when closing the account.
