Gold Loan in Patna – Apply for Easy & Secure Gold Loans
In Patna, a city that balances culture, creativity, and commerce, financial needs can arise as swiftly as inspiration itself. From family celebrations to education or business expansion, a gold loan in Patna offers a fast, dependable way to meet your financial goals. It gives you instant liquidity while letting you retain ownership of your precious gold. The process is transparent, documentation is light, and most loans are approved the same day. That’s why gold loans have become a preferred financing choice for many residents of Patna.
Estimate Your Gold Loan Eligibility (Rates Effective 30 Oct 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 Interest Rate in Patna
Gold loan interest rates in Patna vary based on factors like gold purity, loan amount, and repayment tenure. Typically, the rate starts from 11.88% per annum and can reach up to 27% per annum depending on your loan profile. The flexibility of terms ensures there’s an option for every type of borrower. All charges are shared beforehand to maintain complete transparency.
| Loan Amount: | ₹3,000 – No Upper Limit |
|---|---|
| Interest Rate: | 11.88% – 27% p.a |
| Processing Charges: | Nil – 2% of disbursal |
| Documentation Fees: | Nil |
| Loan Tenure: | 12 or 24 months |
Features and Benefits of Gold Loan In Patna
Gold Loans have become a highly sought-after financial lifeline in the centre of Patna. The citizens of Patna can take advantage of a customised Gold Loan product from IIFL Finance. The following are the main points of our Patna Gold Loan:
How To Apply For A Gold Loan in Patna
Applying for a gold loan in Patna is a smooth, time-saving process. You can start online or visit your nearest branch, whichever suits you best. Provide your KYC details, list the gold items you want to pledge, and schedule a quick valuation. Once verified, the loan is approved and credited swiftly, often within hours. It’s a convenient solution for anyone looking for fast financial support.
How To Apply For Gold Loan: Detailed Guide
Apply for a Gold Loan Online via Website: Step-by-Step Guide
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Fill the Online Form
:Submit your details online and book an appointment at your preferred branch or your doorstep.
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Visit the Branch
:Walk in with the gold you want to pledge.
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Submit Documents
:Provide your ID and address proof for verification.
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Get Quick Approval
:Gold is evaluated on the spot and the loan is disbursed quickly.
Loan Tenure and Repayment Options
You can choose between 12-month or 24-month repayment tenures based on your convenience. Flexible repayment options such as EMIs and overdraft facilities are available. You can also make prepayments or close the loan early without any hidden costs, giving you complete flexibility.
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 Patna
The IIFL Finance Gold Loan offers a rational and pragmatic method to secure a loan using your gold assets if you are a resident of Patna. It boasts customer-centric features, transparency with no concealed charges, absence of credit score requirements, and comprehensive insurance and secure vault storage for the pledged gold. Moreover, flexible repayment terms of up to 36 months are available, ensuring optimal value for the gold used as collateral.
Uses of Loan against Gold in Patna
Taking out a loan against gold in Patna offers a convenient way to access quick cash without restrictions on its usage. Here are some common purposes for which individuals in Patna often utilize gold loans:
If you're an entrepreneur, a gold loan can be instrumental in funding various business operations, including equipment purchases, rent payments, or expanding your workforce.
Whether it's financing a wedding, supporting education expenses, or planning a vacation, a gold loan in Patna can serve as a versatile financial resource for covering personal financial needs.
In case of unexpected medical emergencies, a gold loan can act as a financial lifeline, helping you manage hospital bills, medication costs, and other healthcare expenses efficiently.
Why is Gold Loan the
Most Feasible Borrowing Mode in Patna?
As a resident of Patna, you may find yourself in need of funds for various personal expenditures, ranging from weddings and education to acquiring a vehicle. Chances are, you might possess dormant gold jewelry stored in a bank locker. Opting for a gold loan in Patna can be the most feasible borrowing solution as this loan product utilizes physical gold as collateral, providing substantial loan amounts to gold owners. Moreover, since the gold loan in Patna is secured by gold collateral, there is no requirement for a credit score.
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