Interest on a gold loan in Meerut ranges between 18%-22% p.a. Also, the additional charges and fees are mentioned on the website for the customer to know.

Some benefits that an applicant enjoys when he applies for a gold loan are, no requirement for credit score, transparency in the application process and the rate of interest, charges and fees. The approval and disbursal is also fast. The lending company offers the flexibility to use the loan amount for any legal purpose.

An Indian national in the age-group of 18-70 years, who is either salaried/an entrepreneur/self-employed/trader/farmer and can pledge gold jewellery with a purity of 18-22 carats is eligible for a gold loan from IIFL Finance in Meerut.