Gold Loan In Kolkata

Kolkata, the City of Joy steeped in culture and commerce, thrives on its dynamic rhythm. With its unique blend of tradition and modernity, financial demands often call for creative solutions. If you find yourself in need of funds, introducing Gold Loans in Kolkata is a prudent choice.

A Gold Loan becomes your avenue to secure substantial funds, catering to your financial aspirations. Leverage your tangible gold assets to access the finest Gold Loan in Kolkata without constraints on utilisation.

If you’re looking for a simple, stress-free way to fund your financial goals, consider applying for an IIFL Gold Loan. It’s an easy and convenient way to achieve your financial objectives.”

Features and Benefits of Gold Loan In Kolkata

Gold loans have gained immense popularity, particularly in the vibrant city of Kolkata. IIFL Finance proudly presents a tailor-made gold loan designed to meet the unique capital requirements of the people of Kolkata. Here's an insight into the exceptional features of our gold loan in Kolkata:

Quick Approval and Disbursement

Experience the swiftness of our gold loan disbursement process, ensuring you don't have to wait excessively after submitting your application.

Pledged Gold stays Secured and Insured

Rest easy knowing your pledged gold is safeguarded in highly secure vaults and is even insured. Once you've repaid the loan, your pledged gold articles will be returned to you without hassle.

Minimum Documentation

Our gold loan application process is streamlined, requiring minimal paperwork. This hassle-free approach means you can apply for a gold loan within minutes.

How To Apply For A Gold Loan in Kolkata

Find Your Nearest Branch - IIFL Finance

Walk into any IIFL Gold Loan branch with your gold.

Find Nearest Branch
Documents Required Icon - IIFL Finance

Provide your ID proof, address proof and gold to get an instant approval

Documents Required
Simple Process Calculator - IIFL Finance

Simple process ensures that you get the loan amount

Gold Loan Calculator (Rates as on 22 May 2024)

Find out the amount you will receive against your gold jewellery
gms kg
Rate Calculated @ / Gm

*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.*

0% Processing Fee

For All Gold Loans securities* Apply Before May 1st 2019

Eligibility Criteria to Apply For Gold Loans in Kolkata

IIFL Finance is one of the gold loan companies in Mumbai with straightforward eligibility criteria such that no requirement for a high fixed income or having a high credit score is needed to avail of a different type of loan. Here are the eligibility criteria for gold loan in Mumbai:

Check for IIFL Finance gold loan eligibility criteria :

  1. You must be a salaried employee/ businessman/ businesswoman/ trader/ farmer or self-employed professional.

  2. The loan-to-value, or LTV, ratio is capped at 75%, meaning a maximum of 75% of the value of the gold will be given as loan.

  3. You should be between the age of 18-70 years.

  4. You should have gold ornaments purity 18-22 carats.

Documents Required For Gold Loan in Kolkata

The documentation process required for an instant jewellery loan in Kolkata is simple and easy to execute. The following documents are required to prove your identity and address as valid proof for taking a gold loan in Kolkata:

Aadhaar Card

Valid Passport

PAN Card

Valid Driving Licence

Voter ID Card

Ration Card

Electricity Bill

Salary/Income Proof

Why Choose IIFL Gold Loan in Kolkata

IIFL Finance is one of the leading gold loan providers in Kolkata. We offer a variety of gold loan products with attractive and reasonable interest rates. Here are four reasons why you should choose IIFL Finance for your gold loan in Kolkata:

  1. We offer the highest possible loan amount based on the value of your pledged gold.

  2. Your pledged gold is fully insured and kept in secure lockers with us.

  3. We offer specialised schemes to ensure that you get the loan amount you need to meet your financial needs.

  4. We offer flexible payment options to make your loan repayment affordable.

Why is Gold Loan the Most Feasible Borrowing Mode in Kolkata?

Gold loans can be a great way to access quick cash for personal expenses. If you are a Kolkata resident with gold jewelry lying dormant in a bank locker, you may consider taking a gold loan. Gold loans are secured by your gold jewelry, so you don't need to have a good credit score to qualify. You can borrow up to 75% of the value of your gold and repay the loan over a period of up to 24 months.

Uses of Loan against Gold in Kolkata

A gold loan is a type of loan that uses gold jewelry or other gold items as collateral. This means that you can borrow money against the value of your gold, without having to sell it. Gold loans are a popular option for people who need quick access to cash, as they can be processed quickly and easily. There are no restrictions on how you can use the loan amount, so you can use it for any purpose you need.

Some common uses for a gold loan in Kolkata include:

Business Expenses-
IIf you're a business owner, you can get a gold loan to pay for your operations. This can entail investing in machinery, making rent payments, or hiring personnel.
Personal Expenses -
A gold loan can also be used to pay for personal expenses like a wedding, schooling, or vacation.
Medical Expenses -
In the event of an unexpected medical bill, a gold loan may come in handy. This may entail paying for medical expenses such as hospital bills, prescriptions, or other expenses.

IIFL Finance


Gold Loan in Kolkata FAQs

 If all documentation is in order and eligibility is met, the approved loan amount can be credited to your account quickly

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When opting for a gold loan from IIFL Finance, the annual gold loan interest rate can vary from 11.88% to 27%, subject to loan amount and repayment frequency.  


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The gold loan amount is computed based on pledged gold and its market value; utilize the gold loan calculator on IIFL Finance’s website to determine the loan against your gold's weight.

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Eligibility includes being an Indian citizen aged 18 to 70, employed as a salaried individual, businessman, businesswoman, trader, farmer, or self-employed professional, with 18-22 carat gold ornaments.

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Individuals requiring funds can apply for a gold loan online or visit our nearest gold loan branches in Kolkata.


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