Gold Loan In Siliguri
A gold loan is a loan given by IIFL Finance with gold deposited as collateral or security. For people of Bhubaneshwar, the temple city of India, the gold loan is an extremely useful product that can be depended on in emergencies. With the city attracting skilled and unskilled workers in droves as it expands rapidly in the sectors of education, IT, and tourism, there are several occasions when you might find yourself in need of some quick lumpsum cash to finance an urgent requirement.
While there are several banks and NBFCs offering gold loans, the Gold Loan in Bhubaneshwar offered by IIFL has several attractive features and benefits, making it advantageous as compared to those offered by other lenders.
Gold Loan In Siliguri: Features and Benefits
In the heart of Siliguri, gold loans have grown to be a highly sought-after financial lifeline. Siliguri residents have access to a tailored Gold Loan product from IIFL Finance. The major components of our Siliguri Gold Loan are as follows:
How To Apply For A Gold Loan in Siliguri
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 Siliguri
IIFL Finance Gold Loan is a sensible and practical approach to get a loan against gold. It includes features like being tailored to the customer's individual needs, having no hidden fees, not requiring a credit score, and the pledged gold being completely insured and stored in vaults. Options for 36-month repayment terms are offered all the while, providing the best value in exchange for gold pledged.
Why is Gold Loan the Most Feasible Borrowing Mode in Siliguri?
You could require money as a Siliguri resident for a variety of personal expenses, like as weddings, education, or getting a car. There's a good chance that you have gold jewellery in a bank locker that is dormant. The most practical borrowing option may be a gold loan in Siliguri, as these loans use actual gold as security and offer considerable loan amounts to gold owners. Furthermore, there is no demand for a credit score because the Siliguri gold loan is secured by gold collateral.
Uses of Loan against Gold in Siliguri
In Siliguri, getting a loan against gold is a practical approach to get access to fast money with no usage limitations. The following are some typical uses for which people in Siliguri frequently use gold loans:
Business Expenses
-Personal Expenses
-Medical Expenses
-Gold Loan in Siliguri FAQs
A gold loan can be requested by anyone in Siliguri who needs money and has gold lying in their home.
A gold loan from IIFL Finance may have an annual interest rate that varies from 11.88% to 27%. Remember that these rates can vary depending on the size of the loan and the frequency of installments.
The gold loan is calculated based on the gold that has been pledged and its market value on the local physical gold market. Use the gold loan calculator on the IIFL Finance website to determine how much of a loan you are eligible for based on the weight of the gold.
You must be an Indian national between the ages of 18 and 70. You could work as a salaried employee, an independent contractor, a trader, a farmer, or any other professional expert. Plus, the gold ornaments that you pledge should be 18 to 22 carats pure.
If all the documentation is accurate and you meet the eligibility standards, the loan money can be put into your account within 30 minutes of the loan being accepted.
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