Gold Loan In Amritsar
Amritsar in Punjab is a popular tourist attraction owing to the Golden Temple. This makes tourism one of the chief sources of livelihood, besides traditional textiles & footwear, agriculture and trading activities that are other thriving businesses. Also, transport, manufacturing and hosiery are other growing businesses in Amritsar.
With a sound industrial and commercial base, Amritsar supports the livelihoods of many local and migrant populations. With multiple sources of income, citizens in Amritsar can consider giving themselves a comfortable life, and to meet this requirement, IIFL Finance offers a Gold Loan in Amritsar. The gold loan is customised, requires no credit score, offers the highest LTV of 75% and maintains transparency throughout its application process without the involvement of any loan agents in Amritsar.
Features and Benefits of Gold Loan In Amritsar
Expanding its reach to other cities in India, IIFL Finance now brings the IIFL Finance gold loan to Amritsar as a convenient and quick option to raise funds. Simply by pledging gold jewellery, citizens can obtain cash even in an emergency. Some of the factors that make the gold loan in Amritsar a preferred choice are:
How To Apply For A Gold Loan in Amritsar
Walk into any IIFL Gold Loan branch with your gold.
Find Nearest Branch
Provide your ID proof, address proof and gold to get an instant gold loan approval
Documents Required
Simple process ensures that you get the loan amount
Estimate Your Gold Loan Eligibility (Rates Effective 04 Dec 2025)
*The market value of your gold is calculated by taking the 30-day average gold rate of 22-carat gold | The purity of the gold is assumed to be 22 carats.*
*You can avail a maximum loan of up to 75% of the market value of your gold, depending on the quality of the gold.*
Disclaimer: The gold loan amount displayed is an estimate. Actual eligibility and loan value may vary based on the gold valuation process.
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
Why Choose IIFL Gold Loan in Amritsar
Some reasons that make the gold loan from IIFL Finance one of the best gold loans in Amritsar are that it is a customised gold loan, requires no credit score and has no end-use restrictions. Some of the other reasons that make it a go-to financial product are:
Highest Loan-to-Value :
IIFL Finance offers one of the best gold loans in Amritsar, with the highest LTV of 75%. This is the maximum permissible LTV among lenders in the segment.
Flexible EMIs :
IIFL Finance allows customers to repay through convenient EMIs or as a single payment, thus making their gold loan repayment quicker and less burdensome.
Gold Safety :
By monitoring the pledged gold in safety vaults 24*7 and providing an insurance cover, IIFL Finance safeguards the collateral gold jewellery for additional safety.
Transparency:
IIFL Finance follows a transparent process right from specifying the eligibility criteria to documentation and the rates and fees it charges, thus making it a popular financial product among citizens in Amritsar.
Why is Gold Loan the Most Feasible Borrowing Mode in Latur?
Besides several traditional manufacturing and agricultural activities that flourish in Amritsar, the district is also a popular tourist destination and a well-known education hub.
With IIFL Finance gold loan, the citizens can avail of one of the lowest gold loan interest rates on a customised gold loan that requires no credit score, involves minimal paperwork, ensures transparency and allows the flexibility to use the loan proceeds for any legal use. The applicant can expect to get the highest loan value and also opt for a single repayment method or convenient EMIs.
Overall, the IIFL Finance Gold Loan in Amritsar is a quick way to fulfill your dreams.
Uses of Loan against Gold in Amritsar
Gold assets that are idle can come to your rescue in times of crisis or personal exigency, or to finance a dream. Borrowers find it convenient due to the simple processing, excellent service, varied options of application and repayment. The numerous branches make it convenient and easily accessible for the busy people of Durgapur. You can use it for any purpose as per your discretion including:
Medical Emergencies:
-Personal Expenditure
-Medical Expenditure
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Gold Loan in Amritsar FAQs
An applicant opting for a gold loan from IIFL Finance enjoys benefits such as, no credit score requirement, transparency in the application process and interest rate, charges and fees levied and quick approval and disbursal. The lending company also offers the flexibility to use the loan amount for any legal purpose.
Citizens desiring to raise a gold loan from IIFL Finance must pledge gold jewellery only.
IIFL Finance charges 11.88% - 27% p.a on a gold loan. This effectively translates to 0.99% per month. However, it is subject to the loan amount and the repayment frequency of the gold loan.
Before considering an application for a gold loan, IIFL Finance ensures the applicant meets the following criteria.
The applicant is an Indian national in the age-group of 18 to 70 years;
The applicant is either salaried/an entrepreneur/self-employed/trader/farmer
The applicant can pledge gold jewellery with a purity of 18-22 carats.
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