Rahul S.
Bengaluru
5
“SonaFin helped me compare multiple lenders in minutes. I found a much better interest rate than my current loan.”
Trusted by 10k+ customers
Transfer Your Gold Loan & Save More with SonaSwitch
Switch your gold loan to a better lender and enjoy lower interest rates, higher loan amounts, and flexible repayment options.
- No sign-up required
- 2-minute comparison
- No hidden charges
3 Easy Steps
How SonaSwitch Works
1
Enter Existing Loan Details
Provide your current lender, loan amount, and interest rate.
2
Find Better Offers
SonaFin finds lenders offering lower rates and better terms.
3
Transfer & Save
Complete the transfer process and start paying less interest.
Why trust SonaFin
Compare with Confidence
Built for clarity and transparency. So you can compare and choose with complete confidence.
Compare LoansTransparent Bank Fees
No hidden charges or surprise costs
RBI-Aligned Comparisons
Easy side-by-side lender comparison.
Verified Lenders
Trusted banks and NBFC partners.
Dedicated Support
Guidance whenever you need help.
Testimonials
See Why Customers Choose SonaFin
Priya M.
Chennai
4.5
“The comparison was clear and transparent. No hidden charges, just the information I needed to make the right choice.”
Amit K.
Mumbai
5
“I switched my gold loan through SonaFin and reduced my monthly payments. The process was smooth from start to finish.”
Neha R.
Hyderabad
4.3
“I liked that I could compare trusted lenders in one place instead of visiting each bank individually. It saved me a lot of time.”
Arjun P.
Kochi
4.5
“Simple, fast, and honest. I quickly found an offer with a lower rate and switched without any branch visits.”
Gold Loan Calculator
Plan your gold loan with instant calculations for EMI, eligibility, and required gold value.
The honest FAQ
Everything you need to know before starting.
A gold loan is a secured loan where you pledge gold ornaments or jewellery as collateral in exchange for funds. The lender values your gold, offers a loan amount based on its purity and weight, and returns the gold once you repay. Because it is secured, interest rates are typically far lower than unsecured personal loans.
Most RBI-regulated lenders publish a per gram rate for 22K gold that determines how much you can borrow against your jewellery. The exact loan amount depends on the current rate, the weight of your gold and its purity (22K fetches more than 18K). SonaFin’s calculators estimate your eligible amount instantly.
You typically need one identity proof (Aadhaar, PAN, passport, voter ID or driving licence) and one address proof. Salaried or income documents are usually not required because the loan is secured against your gold. Requirements can vary slightly by lender.
Yes. Regulated banks and NBFCs store your pledged gold in secured, insured vaults and return the exact items on full repayment. SonaFin only lists RBI-regulated lenders with verified storage and handling processes.
SonaFin aggregates rates, per gram rates, processing fees, foreclosure charges and disbursal timelines from 20+ lenders and ranks them by real effective cost. Not headline rate. You compare everything in one honest page, with no paid rankings, and apply directly with the lender you choose.