Gold loans

Gold Loan Management Software for Lenders

Lend against gold with appraisal, sanction, sealed custody, daily interest, collections and a borrower portal.

GoldCRM lender set-up: lending mode and the activation checklist before live lending — Gold loans, set up with checks — a demo business with sample figures

Pledged gold is kept completely apart from jewellery stock: it is appraised, valued at the reference price your team approves, packed under a numbered seal and moved between vault locations only when a second custodian confirms the seal.

Loans are sanctioned by the approval level that covers the amount, never by the person who created them. Interest accrues daily on the outstanding principal, repayments are split charges → penal → interest → principal, and every figure posts to the general ledger. Lending stays in demo or staging until your activation checklist is complete — the software does not authorise lending or claim regulatory compliance; the lender is responsible for the rules that apply to it.

What you can do

Borrower onboarding with KYC documents verified by a second person
Appraisal with items, purity tests and photos; verified by someone other than the appraiser
Valuation at your approved reference price within your lending policy and compliance rules
Products and versioned schemes; sanction by approval level with no self-approval
Sealed packets, vault locations and dual-control custody movements and vault audits
Disbursement after a signed agreement, confirmed by a second person; daily interest and penal interest
Overdue aging, collections, promises to pay, notices, renewals and top-ups
Closure with charges shown up front, gold return under dual control, auctions with compliance review
Ledger postings, portfolio and income reports, daily branch close; borrower portal and staff mobile app

How it works

Gold loans, step by step

1
Appraise and value
Record the pieces and purity tests; value them at today’s approved reference price.
2
Sanction
Credit assessment and sanction by the approval level that covers the amount.
3
Seal and disburse
Pack and seal the gold, deposit it with two custodians, sign the agreement and pay out.
4
Collect and close
Daily interest, reminders and repayments; on closure the gold is returned under dual control.

FAQ

Questions about gold loans

Is the pledged gold mixed with our jewellery stock?

No. Collateral lives in its own custody records — packets, seals, vault locations and movements — and never appears in stock, sales or stock valuation.

Does GoldCRM make us compliant with lending regulations?

No software can. GoldCRM gives you the controls — versioned policies and compliance rules you enter, maker–checker approvals, an activation checklist and a full audit trail — but meeting the regulations that apply to you remains your responsibility.

Can borrowers see their loans?

Yes. Borrowers sign in to a portal with a code sent to their registered phone and see their loans, what is due, payments, notices and their pledged items, download a statement and raise requests.

Works with