Gold Loan
Looking for a one-stop solution for all your business or personal financing requirements? Look no further than fulfilling your needs through IIFL Finance’s Loan against Gold by pledging your gold jewelry with us. With our physical gold financing, you get industry-best benefits through our swift process designed to offer instant funds based on the value of your gold so that our customers do not have to go through a tedious and time-consuming application procedure.
Our Gold Loan offers appealing, affordable and low interest rates with quick disbursal and is customized based on the requirements of our customers to cater their capital needs.
What is a Gold Loan?
A gold loan is a type of secured loan in which you pledge your gold jewellery as collateral to borrow money. Banks or non-banking financial companies (NBFC) offer such loans against gold. Whether there’s a personal need, a business-related requirement, or any other emergency, a gold loan is one of the quickest and most convenient ways of accessing funds without selling your precious gold. Depending on the current gold price, the loan amount and repayment options are determined. The interest rates on gold loans are generally lower than those on unsecured loans, as they are backed by physical gold, making them one of the most sought-after loans in India.
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:
- 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 Charge
₹200.00 (Per Notice)
How To Apply For Gold Loan
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 approval
Documents Required
Simple process ensures that you get the loan amount
Calculate Loan Amount Against Gold (Rates as on 25 July 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.*
Why Avail a Gold Loan or Jewellery Loan from IIFL Finance ?
IIFL Finance is one of the most preferred Gold Loan financing company in India. Having presence in 25 states and a network of 2700+ branches on a PAN India level, our mission is to cater to the needs of all those who are looking for an easy, swift and low-cost financing option. Our customers can avail a gold loan through submitting an online application or visiting any of our branches in their vicinity. We also have an option where the customers can avail gold loans at their doorstep so that they are not deprived of financing options to fulfill their needs.
IIFL Finance ensures that there is complete transparency regarding the important factors in a gold loan such as interest rates, processing fees, and other terms and conditions so that our customers can solely focus on achieving their financial goals. The gold pledged by the customers is kept under high surveillance in our secured vaults and by providing insurance on their gold, so that they do not have to worry about their gold till the time it is with us. Moreover, with features such as Part-Release, Part-Payment, Grace Period, Zero Pre-Closure Charges, IIFL Finance is your one-stop-shop for all your gold financing needs. So whenever you search for gold loan near me, think of no one but IIFL Finance Gold Loan as we believe in #SeedhiBaat
Gold Loan Eligibility Criteria
The eligibility criteria to get a gold loan at IIFL Finance includes:
-
A person’s age must be between 18 - 70 years
-
Have a valid Identity and address proof
Documents Required for Availing 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:
Identity Proof
- Aadhaar Card
- Valid Passport
- PAN Card
- Valid Driving Licence
- Voter ID Card
Address Proof
- Aadhaar Card
- Valid Passport
- Electricity Bill
- Bank statement
- Valid Driving Licence
- Voter ID Card
Gold Loan FAQs
You can get a maximum loan up to 75% of the market value of your gold depending on the quality of the gold.
A Gold Loan, also known as Jewel Loan, wherein you as a borrower pledges gold to a lender as collateral which can be in the form of gold ornaments within the range of 18 carats to 22 carats. The lender keeps the pledged gold and provides funds based on the value of gold, typically up to 75% of the carat value and the current market value of domestic physical gold.
Yes! It is completely okay to take a loan on your gold as the gold sits in storage anyway, it can be utilized effectively to meet your capital requirements.
Yes, you can only pay the gold loan interest amount and pay the principal amount later at the end of the loan tenure.
You should apply for a gold loan when you require funds for purposes such as education, marriage, etc
The lender evaluates your pledge gold and gives the loan amount based on a certain predefined percentage of the total value of your gold based on the current market value. The lender charges interest on the loaned amount and keeps the gold safe. Once you have repaid the principal amount along with interest, you get back the gold from the lender.
Yes, a gold loan can be closed anytime subject to clearance of all dues, including interest, principal and any other applicable charges.
There are various payment methods available for the repayment of gold loan like visiting IIFL Finance’s physical branches or through our online repayment options such as Quickpay, Bank transfer or UPI apps
The minimum/maximum tenure of a gold loan is dependent on the type of schemes availed. Typically, the minimum tenure is 3 months and the maximum tenure is 24 months
The minimum limit to avail a gold loan at IIFL Finance is Rs 3,000 or the value of 1gm gold on that particular day, whichever is higher
No guarantor is required to apply for a gold loan.
You can get back the pledged gold (jewelry or ornaments) as and when you clear all the pending dues i.e., interest, principal or any other charges, if applicable.
The ornaments includes items like rings, necklaces, bracelets, earrings, pendants, etc
Getting a gold loan immediately through IIFL Finance is easy. Visit any of our nearest branch or click on the ‘Apply Now’ button on our app or website and fill in the required details as per the form
Gold loans are flexible and include the option of repaying through EMIs
Any person between 18-70 years of age and has a valid Identity and address proof.
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.
You can go through our website for any queries on low-interest gold loans or gold loan offers. Alternatively, you can get in touch with our customer service staff by calling on 7039-050-000 for any type of queries on gold loan finance.
Yes, IIFL Finance provides its customers to apply & get a gold loan at home.
Other Loans
More than 6 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
IIFL Insights
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…
Gold loans are a quick and convenient financing o…