Plenty of people walk into a lender worried about one number: their credit score. Maybe it took a knock a few years ago, maybe they have never borrowed formally and have no score at all. For an unsecured loan, that worry is fair. For a gold loan, it often misses the point entirely.

The credit score is something that remains unnoticed by many until it becomes important due to some borrowing need, only to realize that the lender takes into consideration the three-digit score along with other factors to evaluate a loan application. For people who want to know what a good credit score is, there isn’t any specific figure that helps to secure approvals.

A gold loan impacts CIBIL score the same way most credit products do, because it is a secured loan and gets reported to the credit bureaus like any other borrowing. The effect runs both ways. Paying on time builds a positive track record and can lift a gold loan CIBIL score over a few months. Slipping into default does the opposite, and the damage tends to stick around far longer than the loan itself.

A 600 CIBIL gold loan 2026 application may still be considered because gold loans are secured against pledged gold rather than being based solely on credit history. When evaluating a 600-credit score gold loan application, lenders generally assess the purity, weight, ownership, and value of the pledged gold along with applicable eligibility requirements. Credit score may form part of the overall assessment process, but gold valuation remains a key factor in determining loan eligibility and loan amount.

Many borrowers assume that every loan application requires a credit score check. However, gold loans are structured differently because eligible gold jewellery serves as collateral. For certain loan amounts and subject to a lender’s internal policy and applicable regulatory requirements, a credit bureau check may not always be mandatory.

The LTV tiered structure gold loan framework determines the maximum proportion of your pledged gold's assessed value that may be sanctioned as a loan, based on the loan amount requested. Under the current RBI regulatory framework, loans of up to ₹2.5 lakh may be eligible for a maximum 85% Loan-to-Value (LTV), loans above ₹2.5 lakh and up to ₹5 lakh may have a maximum 80% LTV, while loans above ₹5 lakh generally carry a maximum 75% LTV, subject to applicable regulations and lender assessment.

If your gold loan is above INR 5 lakh, the most you can borrow is 75% of your gold's value. That is the top tier of the RBI's structure that took effect on 1 April 2026. Smaller loans get a higher share, up to 85% below INR 2.5 lakh, but large loans stay at the conservative 75% cap. The gold is valued at IBJA rates. This guide explains how the 75 percent LTV gold loan rule works for bigger loans, how to calculate what you can get, and what happens if gold prices move during the loan. A Gold Loan from IIFL Finance follows these tiers.

For the first time, you can now pledge silver for a loan from a regulated lender. Under the RBI (Lending Against Gold and Silver Collateral) Directions, 2025, effective 1 April 2026, silver ornaments and specific coins are accepted as collateral, alongside gold. The same tiered LTV applies: up to 85% for smaller loans, tapering to 75% for larger ones. There are weight caps, and bars and silver ETFs do not qualify. This guide explains how a loan against silver works, who can apply, the LTV limits, and how it compares with a Gold Loan from IIFL Finance.

Short answer: yes, for most everyday loans. A gold loan is secured by your gold, not your salary slip, so lenders lean on the metal rather than your income. For loans up to INR 2.5 lakh, no income proof is needed. Above that, the rules changed a little from April 2026, and a lender will look at your repayment capacity. This guide explains when a gold loan without income proof still works, who can apply, and what papers you actually need. A Gold Loan from IIFL Finance keeps the paperwork light.

A joint gold loan lets two people, often family, borrow against gold together. People ask most about the CIBIL angle: whose score counts, and does a co-applicant's record matter? The short version is that a gold loan is secured, so neither person's score is a hard gate, though for larger loans the lender may look at both. This guide covers joint gold loan CIBIL questions, who can be a co-applicant, how shared liability works, and the documents you both need. A Gold Loan from IIFL Finance can be taken jointly.