Gold Loan In Durgapur
If you're exploring options for a gold loan in Durgapur, you’re on the right track to accessing quick and reliable funds. In this well-planned industrial city, gold continues to be a trusted asset for families—valued both for tradition and financial security. When emergencies arise or cash is needed for personal or business reasons, pledging gold becomes a practical solution.
IIFL Finance offers gold loans in Durgapur with attractive interest rates, minimal paperwork, and flexible repayment options. Whether you're salaried, self-employed, or running a small business, these loans are designed to suit a variety of financial needs—making them accessible and affordable for all./p>
Gold Loan In Durgapur: Features and Benefits
This unique product offered by IIFL Finance has several benefits and attractive features, which householders and business persons in Durgapur will find extremely useful. Among the most prominent of these are:
How To Apply For A Gold Loan in Durgapur
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 14 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 Durgapur
With its numerous branches and over twenty-five years of experience as a non-banking financial company, IIFL Finance’s gold loan is one of the best gold loans in Durgapur. We have catered to more than 60 lakh customers to date and many more depend on us for their financial needs. Here are just a few reasons to choose IIFL Finance’s gold loan in Durgapur.
Assured Safety :
IIFL Finance stores your valuables in highly secure vaults. Your jewelry is provided an added layer of security through insurance. Deposit your gold as a collateral with IIFL Finance and remain free of tension.
Higher loan amounts :
IIFL Finance provides a high Loan to Value ratio of 75% giving borrowers relatively higher loan amounts for the same weight of gold when compared to other institutions.
Customised Repayment Schemes :
The loan against gold in Durgapur offers borrowers flexible repayment options such as bullet repayment, equated quarterly repayment or monthly EMIs. Customers can choose the option best suited to their expected future cash inflows.
Transparent Procedures :
Finance clearly lays its terms and conditions out to its borrowers before signing of the agreement. Terms and conditions are set as per industry standards. Borrowers need not worry about hidden clauses while signing the agreement.
Why is Gold Loan the Most Feasible Borrowing Mode in Durgapur?
A loan against gold can be obtained irrespective of your economic background. It is an ideal way to raise capital to fund bulk expenditure or emergencies. With lower interest rates as compared to other lenders in the market, IIFL Finance’s Gold loan is the loan of choice. Gold is an asset with sentimental value and its ownership can be retained while utilising it as a collateral by choosing a Gold loan in Durgapur. If the value of gold appreciates significantly, it allows the borrower to avail larger loans against gold deposited. Over and above, the document processing for IIFL Finance’s gold loan in Durgapur, from application to disbursal, is quick and easy.
Uses of Loan against Gold in Durgapur
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 Durgapur FAQs
Interest rates move up and down in line with RBI declared repo rates. In addition, rate of interest for the gold loan in Durgapur depend on the loan tenure and the loan amount. A good credit score will earn a lower interest rate.
The minimum age to apply for a gold loan in Durgapur is 18 years.
You can use IIFL Finance’s online gold loan calculator to calculate the gold loan amount. All you need to do is enter the weight of gold that you have to offer as collateral. The calculator gives you the gold loan amount based on the assumption that the gold is of 22K purity. If the purity is less, the loan amount will also be lesser than that displayed.
Any adult citizen below the age of 70 can apply for a gold loan in Durgapur. However, IIFL Finance requires you to be salaried or self-employed to ensure that you will have the means of repaying your loan and reclaiming your family’s precious valuables. IIFL Finance also offers gold loans to NRIs, so long as they apply along with a co-borrower who is a resident Indian citizen.
No, your gold deposited as collateral is sufficient to get a loan against gold in Durgapur.
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