Getting a gold loan is fairly easy compared to all other loan. Gold loan is availed by pledging gold ornaments, and bank-issued gold coins. If you are in an urgent need of money with minimal hassles, then a gold loan is the way to go. You just need to walk in to the nearest lender along with your gold – be it jewelry, ornaments or bank-issued gold coins – and supporting ID proof and address proof. Disbursal is quick compared to other loans.