Smart Gold & Silver Loan Software for Tamil Nadu
Complete gold & silver loan management from pledge to redemption with automated interest calculation, Form D3 compliance, and WhatsApp notifications. 100% GST-compliant and built for Tamil Nadu precious metal loan businesses.
Everything You Need to Run Your Gold & Silver Loan Business
Purpose-built features for Tamil Nadu gold & silver loan businesses, precious metal finance companies, and licensed lenders
Pledge Management
Quick pledge creation for gold & silver items, ornament details, weight tracking (gross/net), purity recording (gold: 24K, 22K, 18K / silver: 999, 925), and photo capture.
Customer Management
Complete KYC with Aadhaar linking, customer profiles, pledge history tracking, and multi-customer support with ID verification.
Interest Calculation
Automatic daily/monthly interest calculation, part payment support, compound interest options, and grace period management.
Gold & Silver Rate Management
Daily rate updates for gold (24K, 22K, 18K, 14K) and silver (999, 925), automatic LTV calculation by metal & purity, historical rate tracking.
Payment Processing
Interest payments, full/partial redemptions, multiple payment modes (cash, UPI, cards), instant receipt generation in Tamil + English.
Redemption Tracking
Complete redemption workflow, item verification, payment confirmation, automatic receipt generation, and pledge closure tracking.
100% Tamil Nadu Compliant
Stay compliant with all regulatory requirements and manage auctions seamlessly
Form D3 Report
Automated Form D3 generation per Tamil Nadu Regulations. One-click monthly regulatory statement covering all gold & silver pledges in required format.
Auction Management
Overdue pledge identification, auction scheduling, bidding tracking, legal notice generation, surplus/shortfall calculation.
Regulatory Reports
Daily transaction registers, customer-wise reports, item tracking, historical records, and submission-ready compliance reports.
Digital Documentation
Pledge tickets for gold & silver, receipts, notices, auction catalogs - all digitally stored with automatic backup and search.
Smart Automation That Saves Time
Automated notifications and workflows to keep your customers informed and your business running smoothly
WhatsApp Notifications
Automated WhatsApp messages for pledge confirmations, payment reminders, overdue alerts, auction notices, and redemption confirmations. Tamil + English support.
SMS Alerts
Fast2SMS and MSG91 integration with DLT compliance. Customizable templates for all customer communications.
Automated Interest Accrual
Daily automatic interest calculation, payment due alerts, overdue flagging, and reminder scheduling before due dates.
Workflow Automation
Auto-generate documents, schedule backups, trigger auction workflows, send multi-stage notices, and reduce manual tasks.
Make Data-Driven Decisions
Powerful analytics and reporting tools to help you understand and grow your business
Dashboard Analytics
Real-time dashboard showing active pledges, outstanding principal, interest receivable, overdue count, and today's activity.
Financial Reports
Interest income tracking, cash flow reports, profit margins, portfolio analysis, and daily/monthly summaries.
Printing & Receipts
Thermal printer support for pledge tickets (gold & silver), payment receipts, redemption receipts. All documents in Tamil + English.
Multi-Branch Support
Centralized management for multiple locations, branch-wise reports, role-based access, and consolidated analytics.
Why OnePlaceHQ Beats Traditional Precious Metal Loan Software
See how we compare to other solutions
| Feature | OnePlaceHQ | Traditional Software |
|---|---|---|
| 📱 WhatsApp Notifications | Automated | SMS only or manual |
| 🇮🇳 Tamil Language | Full interface & receipts | English only |
| 💎 LTV by Metal & Purity | Different ratios for gold & silver | Fixed LTV for all |
| 📋 Form D3 Report | One-click automated | Manual preparation |
| 💰 Part Payments | Auto-allocate to interest/principal | Manual tracking |
| ⚖️ Auction Management | Complete workflow | Manual process |
| ☁️ Cloud-Based | Access anywhere | Desktop software only |
| 🔄 Auto Backup | Continuous | Manual backup required |
Perfect For Every Type of Gold & Silver Loan Business
Whether you're a precious metal finance company or a licensed lender
Gold & Silver Finance Companies
Precious metal loan companies, gold & silver finance institutions, pledge-based lending
Jewelry-backed Lending
Gold & silver jewelry loans, ornament-backed lending, quick pledge services
Licensed Lenders (TN)
Tamil Nadu regulatory compliance for gold & silver, Form D3 reporting, auction management
Multi-Branch Operations
Multi-location precious metal loan chains, centralized management, branch-wise reporting
What Gold Loan Businesses Say
Real precious metal loan businesses across Tamil Nadu trust OnePlaceHQ
Sri Kamatchi Amman Bankers
Dindigul, Tamil Nadu
"OnePlaceHQ's gold loan management app is sleek, modern, and affordable. The interface is intuitive, features are comprehensive, and the support team is excellent - always responsive in Tamil and English. Perfect solution for our precious metal loan business in Dindigul."
Why Tamil Nadu Precious Metal Loan Businesses Choose OnePlaceHQ
100% GST Compliant
All invoices follow Indian GST regulations. Generate GSTR reports with one click.
Form D3 Compliance
Automated Form D3 generation per Tamil Nadu Regulations for all gold & silver pledges. Stay compliant effortlessly.
Tamil + English Support
WhatsApp and phone support in Tamil. Quick response from our Chennai team. Interface in both languages.
Works on Any Device
Tablet, phone, or computer. Cloud-based, access from anywhere. No installation needed.
Ready to Modernize Your Gold & Silver Loan Business?
Join precious metal loan businesses across Chennai, Coimbatore, and Madurai who trust OnePlaceHQ for pledge management and compliance.
Contact Us on WhatsAppQuick response in Tamil + English
Gold Loan Quick Reference
Essential gold and silver loan facts for borrowers and lenders in Tamil Nadu
Gold Purity & Valuation Reference
| Karat / Grade | Purity % | Typical LTV | Common Items |
|---|---|---|---|
| 24K | 99.9% | 75% | Gold bars, coins, bullion |
| 22K | 91.6% | 75% | Jewelry (most common in India) |
| 18K | 75.0% | 70% | Lightweight, modern jewelry |
| 14K | 58.3% | 65% | Fashion jewelry, watches |
Silver Purity Reference
| Grade | Purity % | Typical LTV | Common Items |
|---|---|---|---|
| 999 Fine | 99.9% | 60% | Silver bars, coins |
| 925 Sterling | 92.5% | 55% | Silver jewelry, utensils |
Key Regulatory Facts
Form D3
Monthly statement required under Tamil Nadu Pawnbrokers Act for all pledge transactions
Auction Notice
Mandatory 14-day notice to borrower before auction of unredeemed pledges
Surplus Return
If auction proceeds exceed principal + interest, surplus must be returned to borrower
LTV Cap
RBI guidelines cap gold loan LTV at 75% of gold's market value
How Gold & Silver Loans Work in India
A practical guide to pledge-based lending, from valuation to redemption, under Indian regulations
Worked Example: Gold Pledge Calculation
A customer brings a 22K gold chain weighing 30 grams (gross) with net weight 28 grams after deducting stones. Today's 22K gold rate is Rs 6,200/gram.
Valuation
- Net gold weight: 28 grams
- 22K rate today: Rs 6,200/gram
- Market value: 28 x 6,200 = Rs 1,73,600
- LTV at 75% (RBI cap): Rs 1,30,200
- Loan sanctioned: Rs 1,30,000 (rounded)
Interest Calculation (6 months)
- Interest rate: 12% per annum (1% per month)
- Monthly interest: Rs 1,30,000 x 1% = Rs 1,300
- Total interest (6 months): Rs 7,800
- Total to redeem: Rs 1,30,000 + Rs 7,800 = Rs 1,37,800
- OnePlaceHQ auto-calculates this daily, handling part payments
Worked Example: Auction of Unredeemed Pledge
A pledge of Rs 80,000 at 18% annual interest goes unredeemed for 14 months. The grace period (30 days) has expired.
Amount Due
- Principal: Rs 80,000
- Interest (14 months at 1.5%/month): Rs 16,800
- Total due: Rs 96,800
Auction Process
- 1. 14-day auction notice sent to borrower (WhatsApp + registered post)
- 2. 7-day final notice with auction date
- 3. Auction conducted, gold sold for Rs 1,10,000
- 4. Surplus: Rs 1,10,000 - Rs 96,800 = Rs 13,200
- 5. Rs 13,200 returned to borrower (legally required)
The Gold Loan Lifecycle: From Pledge to Redemption
Valuation
Customer brings gold/silver items. Lender checks purity (karat), weighs the item (gross and net), and applies today's market rate to calculate value.
Pledge & Disburse
LTV applied (max 75% per RBI). Loan amount disbursed. Pledge ticket issued with item details, photos, and terms. Items stored securely.
Interest Accrual
Interest accrues daily/monthly. Borrower makes periodic interest payments. System tracks balance, sends reminders before due dates via WhatsApp.
Redemption
Borrower pays principal + accrued interest. Items returned after verification. Redemption receipt issued. Pledge marked closed in system.
If Not Redeemed
After grace period, multi-stage notices sent. Items auctioned. Surplus returned to borrower. All per Tamil Nadu Pawnbrokers Act requirements.
Tamil Nadu Pawnbrokers Act: What Every Lender Must Know
The Tamil Nadu Pawnbrokers Act governs all pledge-based lending in the state. Licensed pawnbrokers must comply with these key requirements:
Licensing Requirements
- Valid pawnbroker license from district collector
- Pledge book maintained for all transactions
- Form D3 monthly statement submitted to authorities
- Interest rate not exceeding prescribed limits
Borrower Protections
- Pledge ticket must be issued with complete item description
- Minimum 14-day notice before auction
- Auction surplus must be returned to the borrower
- Items must be insured against fire and theft
RBI LTV Guidelines for Gold Loans
| Lender Type | Max LTV | Regulator | Notes |
|---|---|---|---|
| NBFCs (Muthoot, Manappuram) | 75% | RBI | Strictly enforced, circular dated Sep 2013 |
| Banks | 75% | RBI | Temporarily raised to 90% during COVID, now back to 75% |
| Licensed Pawnbrokers (TN) | Varies (typically 60-75%) | State Act | Set by business policy within state guidelines |
| Cooperative Banks | 75% | RBI/NABARD | Additional state-level regulations may apply |
Frequently Asked Questions
Does it support different interest rates for different customers?
Yes! Set custom interest rates per customer, pledge type, or purity level. Simple or compound interest calculation available.
Can I track LTV (Loan-to-Value) by metal type and purity?
Absolutely! Configure different LTV ratios for gold (24K, 22K, 18K, 14K) and silver (999, 925). System automatically calculates maximum loan based on metal type, purity, and current market rates.
Is Form D3 report generation automated?
Yes! One-click Form D3 generation covering all gold & silver pledges in the format required by Tamil Nadu Regulations. Monthly regulatory statement automatically compiled.
Can customers receive WhatsApp notifications?
Yes! Automated WhatsApp messages for pledge confirmations, payment reminders, overdue alerts, auction notices, and redemption confirmations. Available in Tamil and English.
How does auction management work?
Complete workflow: automatic overdue identification after grace period, multi-stage notices (14-day warning, 7-day final), auction scheduling, catalog generation, bidding tracking, and surplus/shortfall calculation.
Can I print receipts in Tamil?
Yes! All receipts (pledge tickets for gold & silver, payment receipts, redemption receipts) available in Tamil + English. Thermal printer support included.
How does part payment allocation work?
System automatically allocates part payments to interest first, then principal. Maintains complete payment history and shows breakdown on receipts.
Is there multi-branch support?
Yes! Manage multiple branches from one dashboard. Centralized data with branch-wise access control, reports, and consolidated analytics.
What is the RBI-mandated LTV cap for gold loans?
The Reserve Bank of India caps Loan-to-Value ratio for gold loans at 75% of the gold's market value. This applies to NBFCs and banks. During COVID-19, RBI temporarily raised this to 90% (August 2020 to March 2021), but it has since reverted to 75%. OnePlaceHQ lets you configure different LTV ratios per metal type and purity.
What is Form D3 and who needs to file it?
Form D3 is a monthly regulatory statement required under the Tamil Nadu Pawnbrokers Act. It must be submitted to the district collector's office and details all pledge transactions for the month -- including new pledges, redemptions, renewals, and auctions. OnePlaceHQ auto-generates Form D3 with one click, covering all gold and silver transactions in the required format.
How is gold purity verified during pledge?
Gold purity is verified using touchstone testing, electronic gold testers (XRF analyzers), or hallmark certification. In India, 22K (91.6%) is the most common purity for jewelry. BIS hallmarking (mandatory since June 2021) makes verification easier -- the hallmark shows exact purity, assay center ID, and jeweller ID. OnePlaceHQ records the verified karat value and automatically applies the correct LTV ratio.
What happens if gold price drops after a loan is given?
If gold prices drop significantly, the LTV ratio may exceed 75%, creating a margin shortfall. Lenders typically send a margin call notice asking the borrower to either pledge additional gold, make a partial repayment, or face early auction. OnePlaceHQ tracks real-time LTV against current gold rates and automatically flags pledges that breach the configured LTV threshold.
Can silver items be pledged alongside gold?
Yes! OnePlaceHQ supports both gold and silver pledges in a single system with separate rate management for each metal. Silver is typically valued at 999 Fine (99.9%) or 925 Sterling (92.5%), with lower LTV ratios than gold (usually 55-60% vs 75% for gold). Each metal type has independent rate tracking, valuation, and LTV configuration.