Gold Loan In Meerut
Meerut in Uttar Pradesh enjoys the reputation of being a sports goods manufacturing hub. It is also here where one of the first publishing units were set up. Meerut has a decent industrial base with agriculture as another contributor to growth. Of late, Meerut’s MSME sector is fast emerging as the driver of growth in the city.
Keeping the nature of the economy in mind, IIFL Finance has a simple and convenient offer for the citizens of Meerut. The lending company offers a gold loan in Meerut that does not require a credit score, has no hidden charges, and only involves minimal time before approving and disbursing a gold loan. This mitigates the need for loan agents in Meerut.
Features and Benefits of Gold Loan In Meerut
IIFL Finance offers a gold loan to Indian citizens through its 2,668+ branches in India, making it a convenient and easy way to raise a loan against gold jewellery. There are some factors that make a gold loan in Meerut a popular choice to meet planned expenses and unforeseen contingencies. The factors are:
How To Apply For A Gold Loan in Meerut
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 06 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 Meerut
IIFL Finance’s gold loan is one of the best gold loans in Meerut owing to the simple application process, the requirement of only minimal paperwork, no credit score, and speedy approval and disbursal. Some other reasons why one should obtain a gold loan from IIFL Finance are:
Highest Loan-to-Value:
IIFL Finance offers the highest LTV of 75%, subject to the value of the pledged gold in the Meerut market.
Flexible EMIs:
A gold loan applicant has the flexibility of repaying the loan in two convenient ways. One, as a single repayment option and the other as easy monthly EMIs.
Gold Safety:
The lending company accords utmost importance to safety, meaning, it secures the pledged gold safely in a safety vault with 24/7 monitoring and an insurance cover as additional safety.
Transparency:
Along with an affordable rate of interest on its gold loan, IIFL Finance also maintains complete transparency in the rate of interest it charges, the fees and charges and all the relevant information pertaining to the gold loan.
Why is Gold Loan the Most Feasible Borrowing Mode in Meerut?
Meerut has a modest industrial and manufacturing base. Its connectivity to Delhi bodes well for its economic development.
Scores of people employed in sports goods manufacturing, textile, sugar, tyres, chemicals and engineering units can enjoy a better quality of life with a gold loan from IIFL Finance. An applicant enjoys the benefit of receiving 75% LTV, the highest in the industry. With the flexibility of using the loan amount for any legal purpose and also the facility to repay as per convenience makes a gold loan in Meerut the most feasible borrowing mode in Meerut.
Uses of Loan against Gold in Meerut
IIFL Finance offers loan against gold jewellery to customers who can then use the loan amount to meet any of their life’s goals. Most of us have either personal, business or medical expenses to meet. The loan amount from a gold loan in Meerut can be used for either of the following expenses:
Business Expenses
-Personal Expenses
-Medical Expenses
-Gold Loan in Meerut FAQs
An Indian national in the age-group of 18-70 years, who is either salaried/an entrepreneur/self-employed/trader/farmer and can pledge gold jewellery with a purity of 18-22 carats is eligible for a gold loan from IIFL Finance in Meerut.
Some benefits that an applicant enjoys when he applies for a gold loan are, no requirement for credit score, transparency in the application process and the rate of interest, charges and fees. The approval and disbursal is also fast. The lending company offers the flexibility to use the loan amount for any legal purpose.
Interest on a gold loan in Meerut ranges between 18%-22% p.a. Also, the additional charges and fees are mentioned on the website for the customer to know.
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