IIFL Gold Loan branches

Products Available

Gold Loan

Gold Loan

-Low Gold Loan rate of Interest -No Hidden Cost

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Education Gold Loan

Education Gold Loan

-Fast Process & Disbursal -No Collateral Required -Low Interest rate

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Gold Loan For Women

Gold Loan For Women

-Specialised Gold Loan scheme -Quick Approval -Easy Documentation

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Gold Loan For MSME Business

Gold Loan For MSME Business

-Quick Process and Documentation -Affordable Interest rate -No Collateral Required

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Business Loan

Business Loan

-Paperless Process -No Collateral Needed -Quick Disbursal

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SME Loan

SME Loan

-Fast Approval -Easy Repayment -No Collateral

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Home Loan

Home Loan

-Fast Processing -Easy Balance Transfer -Loan from 2Lakhs onwards

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Demat Account

Demat Account

-Recommendations on whatsapp -Advice from Market Gurus -Dedicated RM Support

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Frequently Asked Questions

  • In order to be eligible to apply for a Gold Loan from IIFL Finance, you must be between 18 and 70 years of age and provide valid identity and address proof, such as Aadhaar Card, PAN Card, Passport, Voter ID Card, Driving License, utility bills, bank statements, or lease agreements. If you meet these simple gold loan eligibility criteria criteria, you can unlock the value of your gold assets to meet your financial needs.
  • The gold loan amount that you can borrow from IIFL Finance depends on its quality or purity and the market value of gold at the time of application. You can avail of a maximum loan of up to 75% of your gold's market value, based on its purity and other factors. So if your gold is valued at ₹100,000, you can borrow up to ₹75,000.
  • The gold loan is calculated by taking into consideration the quality of the pledged gold and its market value. The gold loan calculator on IIFL Finance's website simplifies things for you. Simply enter the weight of your gold, and the calculator will show you the maximum loan amount you can avail. The market value is calculated using the 30-day average rate of 22-karat gold, ensuring a fair and transparent process.
  • To avail a gold loan from IIFL Finance, the minimum amount you can borrow is either ₹3,000 or the value of 1 gram of gold on the day of application, whichever is higher. In simple words, even with a small amount of gold, you can access funds when you need them most.
  • The Gold loan repayment tenure from IIFL Finance will depend on the scheme that you have applied for. You can opt for a flexible repayment period ranging from a minimum of 3 months to a maximum of 2 years, allowing you to plan your repayments according to your financial convenience.
  • No, there is no need for a guarantor to apply for a gold loan from IIFL Finance.
  • Ornaments like rings, necklaces, bracelets, gold chains, earrings, pendants, bangles, anklets etc can be pledged to get a gold loan from IIFL Finance.
  • To apply for a gold loan from IIFL Finance, you will need to provide gold loan documents that verify your identity and address. Acceptable identity proofs include Aadhaar Card, valid passport, PAN Card, valid Driving License, or Voter's ID card. For address proof, you can submit any of the aforementioned documents along with an Electricity Bill or Bank Statement.
  • IIFL Gold Loan offers various repayment options, including EMIs and bullet repayment, allowing customers to choose a plan that suits their financial situation.
  • Processing fees or other charges may apply when taking an IIFL Gold Loan. It’s crucial to inquire about all potential costs upfront to have a clear understanding of the total charges.
  • The interest rate on an IIFL Gold Loan can vary based on several factors, such as loan amount and tenure. It’s important to consult IIFL’s latest offerings to understand specific rates and calculations.
  • Yes, you may be able to extend the tenure of your IIFL Gold Loan by contacting IIFL and discussing available options. Terms and conditions may apply.
  • The minimum loan amount for an IIFL Gold Loan may vary. It’s best to check directly with IIFL to understand their current minimum loan criteria.
  • IIFL ensures the security of your gold through secure vaults and comprehensive insurance coverage, safeguarding the jewelry deposited for loans.
  • If you’re unable to repay your IIFL Gold Loan on time, additional charges or penalties may apply. Its advisable to contact IIFL to discuss possible extensions or repayment plans to avoid forfeiture of your gold.
  • Yes, you can prepay your IIFL Gold Loan. However, specific terms and charges, if any, for prepayment should be clarified with IIFL directly.
  • IIFL Gold Loan assesses the purity and weight of the gold jewelry to determine its market value, and then they provide a percentage of this value as the loan amount.
  • The process usually involves bringing your gold jewelry to an IIFL branch, where it will be appraised. Once approved, you complete the necessary paperwork and receive the loan amount against your gold.
  • To apply for an IIFL Gold Loan, you generally need to provide identity proof, address proof, and ownership proof of the gold jewelry. Its best to confirm the exact documentation requirements with IIFL.
  • To avail an IIFL Gold Loan, you typically need to be a resident of India and possess gold jewelry. The specific eligibility requirements may vary, so its recommended to contact IIFL for detailed criteria.
  • Only basic KYC: Aadhaar, PAN, voter ID, passport, and address proof. No income documents required in most cases.
  • Rates vary by lender, generally lower than personal loans. Typically ranges up to 24% per annum depending on profile and tenure. IIFL Finance provides gold loan at attractive interest rate of up to 0.99% per month. This is usually the starting rate under applicable schemes. Rates vary based on loan scheme, amount, tenure, and profile
  • Mostly 18–22 karat gold jewellery is accepted. Some lenders may accept coins (up to certain limits), but not all accept bars or bullion.
  • Any Indian resident adult with gold jewellery and valid KYC (Aadhaar, PAN, address proof) can apply. Income proof is usually not required.
  • A gold loan is a secured loan where you pledge gold jewellery/ornaments as collateral to a bank or NBFC and receive funds based on its value.