Gold Loan In Jamnagar
Jamnagar is home to the world’s largest refinery owned by Reliance Petrochemicals. Thus, petroleum/petrochemicals is one of the major industries here. It is also known for salt production, its exports and shipping & port industries. The city also has a reputation for brass works, Bandhani and handicrafts.
Given the variety of businesses and their nature, Jamnagar employs several people in its diverse economic landscape. People desirous of living a better quality of life or wanting to scale their businesses can use their gold jewellery to raise additional cash. Citizens can apply for a gold loan in Jamnagar, which is a customised gold loan with no requirement of credit score and with one of the lowest interest rates. It is the perfect solution for one’s financial needs.
Features and Benefits of Gold Loan In Jamnagar
IIFL Finance has an excellent solution for owners of gold jewellery in Jamnagar. With their online gold loan or jewel loan offering, residents of Jamnagar can get additional cash to meet their urgent needs. Some of the features of the loan are:
Here are some reasons that make Gold Loan Jodhpur a lucrative option.
How To Apply For A Gold Loan in Jamnagar
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 07 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 Jamnagar
IIFL Finance offers one of the best Gold Loans in Jamnagar. Some of the important factors that make it a popular choice for residents are, the gold loan charges one of the lowest gold loan interest rates. The loan value disbursed against the pledged gold is also among the highest in the industry. By storing the pledged gold safely in secure lockers and providing insurance, IIFL Finance takes additional responsibility for the pledged gold. It also allows repayment flexibility, thus reducing the financial burden on the borrower.
Why is Gold Loan the Most Feasible Borrowing Mode in Jamnagar?
Jamnagar is a leading industrial city. The various big and small industries that comprise its business ecosystem are, petrochemicals, salt and shipping & port. Tourism is also another important industry, owing to tourists visiting the Dwarkadhish Temple and India’s first Marine National Park.
Jamnagar is mainly known for brass parts and is a major supplier to the electric and electronic factories in Delhi, Mumbai and Bangalore. Some other industries that operate in Jamnagar are engineering and machinery, plastic and oil mills. The city is home to some of the leading infrastructure companies such as, Essar Group, Larsen & Toubro, Reliance Jamnagar Infrastructure and Niho Construction Ltd.
In terms of agriculture too, Jamnagar is a leading producer of garlic, groundnuts and oilseeds. Some of the major horticultural crops are, coconut, mango, papaya and sapodilla. In an economy characterised by heterogeneous businesses, citizens need additional cash for business growth and other domestic needs. In such cases, an IIFL Finance Gold Loan is the right option to meet such personal or business needs.
Uses of Loan against Gold in Jamnagar
Yet another interesting feature of the gold loan from IIFL Finance is the ‘no end-use restriction’ on the loan amount disbursed. The borrower can use the additional cash for any of the following purposes.
Business Expenses
-Personal Expenses
-Medical Expenses
-Gold Loan in Jamnagar FAQs
Citizens of Jamnagar who possess valid documents, meet the eligibility criteria and can pledge gold jewellery can apply for a gold loan in Jamnagar.
IIFL Finance can charge between 11.88%-27% for a gold loan in Jamnagar. This effectively comes to 0.99% per month. The interest rates may however change, depending on the loan amount and the frequency of repayment.
To help a potential borrower know the eligible amount, IIFL Finance has put up a gold loan calculator on its website. The pledged gold and its market value in the physical gold market determine the amount of loan one is eligible for.
For IIFL Finance to approve a loan, the borrower must be, an Indian citizen in the age-group of 18-70 years; working as an employee, is an entrepreneur, a trader, a farmer, or a self-employed professional’ and have jewellery with a purity of 18-22 carats to pledge.
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