Apply Loan Against Gold at IIFL Finance
A Gold Loan is a secured loan where you pledge your gold jewellery as collateral to get funds. IIFL Finance offers a quick and hassle-free way to meet urgent financial needs, whether personal or business, without the need to sell your gold. With loan amounts linked to the current gold price and lower interest rates starting from 11.88%* p.a. Gold Loans are a popular financing option in India due to their minimal documentation, quick loan approval and easy disbursements.
Estimate Your Gold Loan Eligibility (Rates Effective 19 October 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.*
Gold Loan Features and Benefits
A Gold Loan offers quick access to funds by pledging your gold jewellery as security. With low interest rates, minimal documentation, and instant disbursal, it’s ideal for meeting urgent financial needs. You can enjoy flexible repayment options, doorstep services, and no credit score requirement. Here are some of the key features and benefits of availing a gold loan from IIFL Finance:
Gold Loan Features & Benefits: Video Guide
Key Features and Benefits of Our Gold Loan
-
Quick Loan Disbursal Access funds when you need them most with quick loan disbursal, typically within just a few hours. IIFL Finance ensures a fast and seamless process, from gold valuation to disbursement, so you can meet urgent financial needs like education, medical expenses, or business investments without delays.
-
Only 1-Time Branch Visit With IIFL Finance, getting a loan against gold is simple, just one branch visit is enough. Complete your gold evaluation, documentation, and loan approval in a single visit. After that, manage repayments, renewals, and top-ups conveniently through online channels without any need for repeated branch visits.
-
Gold Loan at Home Enjoy complete convenience with the Gold Loan at Home service. IIFL representatives visit your doorstep for gold valuation, verification, and even disbursement. Available in major Indian cities, this service ensures you can get funds safely and securely without stepping out of your home.
-
Minimal Documentation Say goodbye to lengthy paperwork. IIFL requires only basic KYC documents like Aadhaar and PAN to process your gold loan. This quick and hassle-free verification ensures faster approval, helping you save time and effort while enjoying an easy borrowing experience.
-
Transparent Evaluation At IIFL Finance, every piece of gold is evaluated using advanced karat meters to ensure complete transparency and fair valuation. Customers are informed of the exact purity and weight before pledging, guaranteeing that they receive the maximum eligible loan amount without hidden deductions or unfair assessments.
-
Insured Gold Storage Your pledged gold remains 100% safe and insured with IIFL Finance. Stored in high-security vaults under constant surveillance, your valuables are fully protected against theft or loss. This insured storage ensures total peace of mind while your gold continues to work as a financial asset.
-
Gold Loan Top-up IIFL Finance offers a Gold Loan Top-up facility for customers who need extra funds without closing their existing loan. With minimal documentation and quick approval, you can easily increase your loan amount based on your pledged gold’s 30-day average gold rate, ensuring uninterrupted financial flexibility.
-
Hassle-Free Loan Processing Experience smooth and efficient loan processing with IIFL Finance. From gold appraisal to quick verification and final approval, every step is optimized for speed and accuracy. Minimal documentation and digital support make it easy to get funds without unnecessary delays or stress.
-
Flexible Repayment Options Choose from multiple repayment options based on your financial comfort. You can pay only the interest during the loan tenure and settle the principal amount at the end. IIFL Finance’s flexibility ensures convenient repayment schedules that suit both salaried and self-employed individuals.
-
No Credit Score Required Your credit score or income proof is not a barrier to getting an IIFL gold Loan. Since the loan is secured against our gold, approval does not depend on your CIBIL score. This makes it an ideal choice for borrowers with limited or no credit history.
-
Attractive Interest Rates Benefit from competitive interest rates starting at just 11.88% p.a., making it one of the most affordable financing options. IIFL Finance’s transparent rate structure ensures no hidden costs, allowing you to manage your repayment comfortably while maximizing the value of your gold.
-
High LTV (Loan to Value) Ratio Get the most out of your assets with a high Loan to Value ratio, offering up to 75% of your gold’s value as a loan. IIFL Finance’s fair valuation process ensures you receive the best possible loan amount against your pledged gold.
-
Safe & Secure Gold Storage With IIFL Finance, your pledged gold is kept in highly secure, monitored, and fully insured vaults, ensuring complete safety and peace of mind. Advanced surveillance systems and strict security protocols protect your valuables, so you can focus on your financial needs without worrying about your gold’s safety.
-
Pan-India Network IIFL Finance offers a wide network of over 2,800 branches across 26 states & UT’s, making its Gold Loan services easily accessible across India. Whether you’re in a metro or a small town, you can conveniently apply, pledge, and manage your loan through trusted and reliable local branches..
-
Transparent Evaluation At IIFL Finance, every piece of gold is evaluated using advanced karat meters to ensure complete transparency and fair valuation. Customers are informed of the exact purity and weight before pledging, guaranteeing that they receive the maximum eligible loan amount without hidden deductions or unfair assessments.
-
Insured Gold Storage Your pledged gold remains 100% safe and insured with IIFL Finance. Stred in high-security vaults under constant surveillance, your valuables are fully protected against theft or loss. This insured storage ensures total peace of mind while your gold continues to work as a financial asset.
-
Gold Loan Top-up IIFL Finance offers a Gold Loan Top-up facility for customers who need extra funds without closing their existing loan. If your Loan-to-Value (LTV) is below 75%, you can easily apply for a top-up, online via our loan app or at any branch. Simply clear all dues till date (excluding principal), and your eligible top-up amount will be reflected instantly. Once you confirm, the loan is disbursed through your preferred payment mode.
How To Apply For Gold Loan
Applying for a Gold Loan with IIFL Finance is quick, simple, and convenient. You can start the process online or by visiting the nearest branch. With minimal documentation, transparent valuation, and instant approval, IIFL ensures a smooth borrowing experience, helping you access funds when you need them most.
How To Apply For Gold Loan: Detailed Guide
Apply for a Gold Loan Online via Website: Step-by-Step Guide
-
Fill the Online Form : Submit your details online and book an appointment at your preferred branch or your doorstep.
-
Visit the Branch : Walk in with the gold you want to pledge.
-
Submit Documents : Provide your ID and address proof for verification.
-
Get Quick Approval : Gold is evaluated on the spot and the loan is disbursed quickly.
Gold Loan Fee and Charges
With transparent fee structure and zero hidden charges, IIFL Finance Gold Loan is one of the most affordable and go-to options for our customers to fulfill their capital requirement needs. Following are the fee and charges listed:
| Types of fee | Applicable Charges |
|---|---|
| Interest Rate | 0.99% onward p.m. (11.88% - 27% p.a.) Gold Loan Interest Rates vary according to the loan amount and repayment frequency |
| Processing Fee | ₹0 onwards Varies depending on scheme availed |
| MTM Charges | ₹500.00 Valuing an asset to reflect its current market rate |
| Auction Charges | ₹1500.00 |
| Overdue Notice Charges | ₹200 (per Notice) |
How to use a Gold Loan Calculator?
-
Enter the weight of your gold (in grams or kilograms)
-
Click the Refresh button
-
View the eligible loan amount instantly
Note:-
The calculator assumes your gold is of 22-carat purity. Ensure your gold matches this for accurate results.
The loan amount is based on the 30-day average market rate of 22-carat gold.
Gold Loan Amount & Valuation
You can get a loan against gold starting from Rs 3000 onwards. The Gold Loan amount depends on the gold valuation, based on the purity of the pledged gold (assumed to be 22 Karat). Its market value is calculated by taking the 30-day average gold rate of 22 Karat gold. First, experts assess the quality. Then, the Gold Loan amount is determined according to the RBI’s guidelines which is up to 75%.
Step-by-Step Gold Loan Process
Applying for a Gold Loan with IIFL Finance is a simple process designed to provide quick and secure access to funds against your gold jewellery.
-
Submit Your Application: Complete the application form either online or by visiting an IIFL branch.
-
Gold Assessment: Your gold jewellery is carefully evaluated at the branch or at your doorstep, ensuring a secure and accurate valuation.
-
Loan Approval: After the assessment and verification are complete, you will receive confirmation of your loan approval.
-
Funds Disbursal: The sanctioned loan amount is disbursed to your account quickly for your convenience.
-
Repayment: Repay the loan according to your selected repayment plan, providing flexibility and ease.
This systematic approach ensures a seamless borrowing experience while maintaining the high standards of security and transparency.
Gold Loan Repayment Options
IIFL Finance offers flexible Gold Loan repayment options to make lending against gold stress-free. With IIFL Finance Gold Loan, you can avail of:
-
Repayment Modes:The interest-only repayment mode is available.
-
Digital Payment Support: Payments can be made via UPI, net banking and with payment links provided for convenience.
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.
-
You must be between 18 and 70 years of age at the time of loan disbursement.
-
Applicants can be salaried, no salaried, self-employed, or non-salaried individuals.
-
You must own the gold you are pledging.
-
Only gold jewellery is eligible as collateral; gold coins and bars are not accepted for pledge.
-
Gold purity must be between 18 and 22 karats.
-
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:
-
Aadhaar Card
-
Valid Passport
-
PAN Card
-
Valid Driving Licence
-
Voter ID Card
Gold Loan at Home / Doorstep Service with IIFL Finance
IIFL Finance brings the convenience of a Gold Loan directly to your home, allowing you to access funds without visiting a branch. This doorstep service is designed for customers seeking a safe, quick, and hassle-free borrowing experience. Professional agents or executives visit your home to evaluate your gold, complete necessary documentation, and even disburspt-5e the loan, ensuring that the entire process is handled efficiently and securely.
The service is available to Indian residents aged 18 years or above who have eligible gold jewellery to pledge. While primarily offered in major Indian cities, IIFL Finance continues to expand coverage to provide easy access to customers across different regions.
By opting for the Gold Loan at Home, customers save significant time and effort, avoiding branch queues and long travel. It also supports social distancing, ensuring your safety while accessing funds. With doorstep valuation and instant disbursal, this service allows you to meet urgent financial needs conveniently from the comfort of your home, without compromising on transparency, security, or efficiency.
Safety and Security of Your Gold
At IIFL Finance, the safety and security of your pledged gold is the highest priority. From the moment a professional agent collects your gold at your doorstep, stringent security protocols are followed to ensure complete protection. Each item is carefully verified, weighed, and documented to maintain transparency and accuracy before it leaves your home.
During transportation to IIFL’s trusted branches or high-security vaults, the gold is moved under secure, monitored, and insured logistics, minimizing any risk of loss or damage. Upon reaching the vaults, your gold is stored in highly secure and fully insured facilities, monitored round the clock with advanced surveillance systems and strict access controls.
Customers can rest assured that their gold is safeguarded at every stage, collection, transit, storage, and return. The insurance coverage further adds an extra layer of protection, ensuring peace of mind. IIFL Finance’s processes are designed to combine convenience with uncompromised safety, so you can access funds through a gold loan confidently, knowing your valuable assets are always secure.
Insurance Coverage of Your Gold
When you pledge your gold with IIFL Finance, its safety becomes our top priority. We know your gold holds emotional as well as financial value, so we make sure it stays fully insured throughout the loan tenure, right from the time it’s deposited until it’s returned to you.
Here’s what our comprehensive insurance coverage includes:
- Protection against theft, loss, or damage during transit or while in our custody.
- Coverage for natural calamities such as fire, floods, or earthquakes.
- Insurance handled through trusted and reputed providers, following strict industry standards and regulatory guidelines.
In the unlikely event of loss or damage, customers can file a claim based on:
- The recorded weight and purity of the pledged gold.
- Reimbursement or replacement calculated at current market rates as per official gold price publications.
Please note:
- The insurance policy is usually held in the lender’s name, though customers may need to support the claim process if required.
- In case of a borrower’s death, the lawful heirs can redeem the pledged gold after settling any pending loan dues through a verified and secure process.
With IIFL Finance, you can be confident that your gold is in safe hands, backed by robust insurance protection and complete transparency at every step.
What Happens If You Default?
A default on a gold loan happens when you miss or delay your EMI payments, or fail to pay any other dues such as interest or fees by the scheduled dates. It may also include breach of loan terms, providing incorrect information, or not maintaining the required security margin.
At IIFL Finance, we understand that financial challenges can arise unexpectedly, and our approach is always transparent and customer-friendly. Here’s what typically happens if a default occurs:
- Step 1: Reminders and Grace Period You’ll first receive gentle reminders via calls, messages, or emails, along with a short grace period to help you make your payments.
- Step 2: Formal Notice If the dues remain unpaid, a formal notice is issued, providing a clear 10-business-day window before any further action.
- Step 3: Auction Process (if needed) As a last resort, the pledged gold may be auctioned in accordance with Reserve Bank of India (RBI) guidelines. The sale proceeds are used to clear outstanding dues, and any remaining balance is refunded to you.
To help you avoid such outcomes, IIFL Finance offers options like:
- Loan restructuring or tenure extensions, subject to approval.
- Guidance on repayment plans to help you get back on track.
Keep in mind that defaulting can affect your credit score and may impact your ability to get loans in the future. We always encourage timely repayments to maintain a healthy credit record and ensure continued access to financial support when you need it most.
Things to Consider Before Taking a Gold Loan
Before availing a Gold Loan, it is important to carefully evaluate a few key factors to ensure a smooth borrowing experience. Eligibility is the first consideration—most lenders, including IIFL Finance, require borrowers to be Indian residents aged 18 years or above with valid KYC documents like Aadhaar and PAN. No income proof is typically required, making gold loans accessible to a wide range of borrowers.
Next, consider the purity and weight of your gold. Gold loans are approved based on the 30-day average gold rate, which depends on karat purity and total weight. Ensuring that your gold is in good condition helps you maximize the loan amount.
Loan-to-Value (LTV) ratio is another critical aspect. This determines the maximum percentage of your gold’s value that can be sanctioned as a loan. Higher LTV ratios allow you to access more funds while ensuring you understand the repayment obligations.
Finally, review the documentation requirements carefully. Minimal KYC documents are usually needed, but it’s important to verify that all papers are correct and complete to avoid delays. Understanding these factors helps you make informed decisions and ensures a safe, convenient, and transparent gold loan experience.
Gold Loan FAQs
A Gold Loan is a type of secured loan where you pledge your gold jewellery, typically 18-22 karat, as collateral to obtain funds. The loan amount is determined based on the gold’s weight, purity, and 30-day average gold rate. Unlike unsecured loans, a gold loan does not require income proof or credit history checks. It offers quick approval, flexible repayment options, and low interest rates, making it ideal for meeting urgent personal or business needs. Your gold is kept safe in secure vaults during the loan tenure.
Once the loan along with interest is repaid, the pledged gold is returned. This makes a gold loan a flexible, fast, and safe way to unlock the value of your idle gold assets without selling them.
Yes! Taking a Gold Loan is a safe and effective way to utilize idle gold. Since your gold remains securely stored in insured vaults, it can work as collateral to meet urgent financial requirements, such as medical emergencies, business needs, or personal expenses, without having to sell your valuable jewellery.
IIFL Finance evaluates your pledged gold for purity, weight, and market value. Based on a predefined Loan-to-Value (LTV) ratio, a loan amount is sanctioned. Interest is charged on the borrowed amount while your gold remains safely stored in insured vaults. Once the principal and interest are repaid, your gold is returned.
Yes, a gold loan can be prepaid or foreclosed at any time. Borrowers are required to clear all pending dues, including principal, interest, and any applicable charges. IIFL Finance allows early closure without unnecessary delays, providing flexibility and cost savings.
The minimum loan amount at IIFL Finance is Rs 3,000. This ensures even small borrowers can access funds conveniently against their gold.
Getting a gold loan from IIFL Finance is super easy! Click on the ‘Apply Now’ button mentioned above and fill in all the required details to get a loan approved in 5 minutes.
- Start by filling in your details and hit ‘Apply Now’
- Enter the OTP sent to your phone to verify your number
- Select your city and type in your PIN code
- Choose the branch closest to you and book your appointment
The gold loan is calculated based on the quality of the pledged gold and its market value in the domestic physical market. You can also use the gold loan calculator on IIFL Finance’s website to see how much loan you get against weight of the gold. You just have to enter the weight of the gold and the calculator will return the maximum amount you can borrow on it. The market value of the gold is calculated by taking 30 days average gold rate of 22 karat gold.
NRIs can apply for a gold loan with IIFL Finance subject to eligibility conditions, including valid KYC and local Indian residency proof for the pledged gold. Terms may vary depending on the branch or city, so it is advisable to check specific requirements.
Other Loans
More than 8 million happy customers
When I visited IIFL Finance it just took a few minutes to process the loan and the process was very transparent. I have advised my friends to get their gold loans from IIFL.
Venkatram Reddy
I recommended IIFL Finance, the process is very fast. The staff is friendly and gives good suggestions on the schemes which are beneficial.
Vishal Khare
IIFL Finance's customer friendly approach is what I liked. They are so transparent in their dealings. I look forward for my future association with them.
Pushpa
I have been taking Gold Loan from IIFL Finance for quite some time now. I get good services and right value for my Gold Loan.
Manish Kushawah
Customer Support
Gold Loan Related Videos
IIFL Insights
For a majority of Indians, gold is more than just…
Financial institutions, whether banks or non-bank…
Every type of loan has various features that make…
A gold loan is a type of secured loan where you pl…