Gold Loan for Women
Gold loans tailored for women have emerged as a pivotal financial tool, providing a unique avenue for empowerment and independence. These loans recognize the value of women's gold assets, allowing them to leverage this resource for various financial needs. Whether it's starting a business, supporting education, or addressing unforeseen expenses, gold loans for women offer a flexible and accessible solution.
IIFL Finance stands out as a top choice, offering specialized gold loan schemes for women with competitive interest rates and a commitment to financial inclusivity, making it the preferred partner for women seeking to unlock the potential of their gold assets.
Gold Loan Interest Rate for Women
IIFL Finance gold loan interest rates for women to offer a financially empowering avenue, ensuring competitive rates aligning with their needs. This approach acknowledges women's diverse financial goals and underscores a commitment to fostering economic autonomy through transparent and favourable interest terms.
- Interest Rate
0.99% onward p.m.
(11.88% - 27% p.a.)Rates vary according to the loan amount and repayment frequency
- Processing Fee
₹0 onwards
Varies depending on scheme availed
- MTM Charges
₹500.00
Valuing an asset to reflect its current market rate
- Auction Charges
₹1500.00
Overdue Notice Charges: ₹200
How To Apply For Gold Loan
Applying for a Gold Loan with IIFL Finance is quick, simple, and convenient. You can start the process online or by visiting the nearest branch. With minimal documentation, transparent valuation, and instant approval, IIFL ensures a smooth borrowing experience, helping you access funds when you need them most.
How To Apply For Gold Loan: Detailed Guide
Apply for a Gold Loan Online via Website: Step-by-Step Guide
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Fill the Online Form
: Submit your details online and book an appointment at your preferred branch or your doorstep.
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Visit the Branch
: Walk in with the gold you want to pledge.
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Submit Documents
: Provide your ID and address proof for verification.
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Get Quick Approval
: Gold is evaluated on the spot and the loan is disbursed quickly.
Why avail Gold Loan for Women from IIFL Finance?
IIFL Finance takes pride in being a premier financial partner, offering a range of customized products and services, with a distinct focus on Gold Loans tailored for ladies. As a preferred Gold Loan Financing Company in India, our extensive network of 2,600+ branches across the nation ensures accessibility. Whether applying online or visiting the nearest branch, our customer-centric approach, including a doorstep gold loan service in 30+ select cities in India, streamlines the entire process, providing women with a hassle-free financial solution.
IIFL Finance "Seedhi Baat" approach, where we prioritize transparency in gold loan interest rates, processing charges, and terms, empowering women to make informed financial decisions. Your pledged gold jewellery is safeguarded in secure vaults and insured, reinforcing our commitment to the safety and security of women's valuable assets. When in search of a gold loan, think of us as your go-to choice for a hassle-free and best-in-class service in India.
Gold Loan Eligibility & Documentation
Getting a Gold Loan from IIFL Finance is simple and hassle-free. Any Indian resident aged 18 years or above with gold jewellery can apply. The process requires only basic KYC documents such as Aadhaar and PAN, no income proof or credit score needed, ensuring quick approval and easy disbursal.
Gold Loan Process and Required Documents Explained
Gold Loan Eligibility: Who Can Apply
Explore the eligibility criteria to apply for a Gold Loan with IIFL Finance.
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You must be between 18 and 70 years of age at the time of loan disbursement.
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Applicants can be salaried, no salaried, self-employed, or non-salaried individuals.
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You must own the gold you are pledging.
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Only gold jewellery is eligible as collateral; gold coins and bars are not accepted for pledge.
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Gold purity must be between 18 and 22 karats.
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Valid KYC documents include the Aadhaar card and PAN card.
Documents Required for Gold Loan
A gold loan borrower must submit one of the following document as part of the Reserve Bank of India’s “Know Your Customer” (KYC) norms:
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Aadhaar Card
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Valid Passport
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PAN Card
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Valid Driving Licence
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Voter ID Card
Gold Loan for Women FAQs
The jewel loan procedure for women is fairly simple. It can be availed by filling application online on IIFL Finance website, or by visiting the nearest IIFL gold loan branch
The interest rate for women's gold loans is the extra amount charged by the lender, calculated above the loan amount and based on the value of the pledged gold. These gold loan interest rate typically vary between 11.88% and 27% per annum.
The maximum repayment period available for these loans up to 24 months.The maximum repayment period available for these loans up to 24 months.
All you have to do is go the official site of IIFL Finance and check gold loan calculator option and enter the weight of your gold in grams/ kilograms and you will get an instant result as to what is the a loan amount that you can avail of.
Yes, provided you reside in one of the 30+ cities in India that this service is being offered. Check the gold loan at home page on how to apply and cities details
By charging a nominal prepayment fee, IIFL Finance makes it easy for you to foreclose your gold loan account.
Gold Loan Repayment options are available in the form of online as well as offline mode. For online, you can choose any of the multiple mobile apps, for offline you can visit your nearest IIFL Finance branch to pay.
IIFL Finance's Gold Loan for women provide with
- Quick and hassle-free solution for women
- Cost-effective interest rates
- Empowers women communities to meet capital needs promptly.
- Flexible repayment options
- Allows women to retain ownership of their cherished gold possession
Your gold remains completely safe and secure throughout the loan period. It is stored in tamper-proof vaults with advanced surveillance and insurance coverage. Lenders follow strict security protocols and industry standards to ensure your jewellery is protected at all times. Once you repay the loan, your gold is returned in the exact condition it was pledged.
No, reputed financial institutions maintain complete transparency in all charges. Any applicable fees such as processing charges, documentation costs, or valuation fees are clearly mentioned before you accept the loan offer. There are no hidden deductions or surprise costs during or after the loan tenure.
Yes, many lenders offer exclusive gold loan schemes or discounted interest rates for women entrepreneurs to support their business growth. These schemes often include flexible repayment options and lower processing fees, encouraging women to access quick and affordable financing for their ventures.
The loan-to-value (LTV) ratio determines how much you can borrow against your gold. As per RBI guidelines, lenders can offer up to 75% of the gold’s current market value. A higher LTV means you receive a larger loan amount for the same quantity of gold, while a lower LTV provides a more conservative amount, ensuring safer repayment terms.
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