A gold loan is a secured loan that is available for a loan amount of 75% of gold value. IIFL provides a minimum Rs. 3,000 gold loan. IIFL gold loan interest rate comes with 11.88% onwards. Check loan eligibility, benefits, and application process.
IIFL Gold Loan Quick Recap
| Loan Amount | Minimum Rs. 3,000 |
| Tenure | 24 months |
| Interest rate | 11.88% – 27% p.a. |
| Processing Fee | NIL |
| Calculate Loan Amount | 75% of total gold value |
Benefits of IIFL Gold Loan
- The secured IIFL gold loan is available at a low credit score.
- India Infoline finance (IIFL) gold loan rate of interest is 11.88% to 27% p.a. which is affordable.
- As low as Rs. 3,000 to 75% of gold value loan applicable.
- Loan approval time is a maximum of 30 minutes.
- IIFL not taking processing charges for gold loans.
- Loan repayment duration is flexible which 11month to 24 months.
- KYC proof documents are only needed for IIFL gold loans.
- Personalize your loan scheme as per requirement.
IIFL Gold Loan Eligibility
Borrower obtain IIFL gold loan with preferred eligibility criteria:
- Applicant must be live in India.
- Cross the age limit of 18 years.
- A minimum of 18 carats of gold is required for a gold loan.
Also Read: Rupeek Instant Gold Loan
Documents Required List
Explore the ease of securing an IIFL gold loan with a streamlined documentation process. Just note the list of documents below:
Identity Proof Documents (Any of the lists)
- Pan Card
- Aadhaar Card
- Voter ID Card
- Passport
- Driving License
Address Proof Documents (Any of the lists)
- Aadhaar Card
- Voter ID Card
- Passport
- Driving License
- Ration Card
Photocopy of Applicant
- 2 recent applicant passport size photo
IIFL Gold Loan Interest Rate & Charges
| Minimum Interest rate | 11.88% p.a. |
| Maximum Interest rate | 27% p.a. |
| Processing Fee | NIL |
| Foreclose Charge | NIL |
| MTM Fee | Rs. 500 |
Pay IIFL Gold Loan EMI
Various loan repayment options are available for IIFL gold loans.
Online Method
Step 1
- Click on the IIFL Quick Pay
- Select your product which is “Gold Loan”
- Enter the loan number that is provided at loan approval time.
- Give your registered email ID/phone no and pay the loan amount.
Step 2
- Download IIFL application
- Log in with your registered mobile number.
- Make the gold loan payment with the help of a debit card/credit card/ UPI.
Offline Method
- Visit the nearest IIFL branch.
- Provide loan ID number/phone number
- Pay the loan EMI.
Process for applying for a gold loan with IIFL
IIFL gold loan application process is available in two methods. Let’s check below:
Digital Process
Step 1: Navigate to IIFL’s official website to process.
Step 2: Select gold loan tap and start.
Step 3: Enter your details to obtain the gold loan.
Step 4: Now, just wait for the IIFL customer care call and you will get instructions for further process.
Offline Process
Step 1: Go to your nearest IIFL branch.
Step 2: Speak to the IIFL staff directly.
Step 3: The Bank will verify your gold and the eligible amount.
Step 4: Provide your Aadhaar KYC details.
Step 5: If the process is done, the loan amount will approved.
IIFL Gold Loan Customer Care
You will get helpful support from IIFL customer care. Contact for IIFL gold loan-related queries following the method.
Official Phone Number: 1800-267-3000 / 7039-050-000
Official Email ID: gold-helpline@iifl.com
The IIFL team will resolve your problem with extra care. Also, visit the nearest IIFL branch for quick results.
FAQs on IIFL Gold Loan
What is IIFL gold loan repayment tenure?
The flexible repayment tenure to pay the gold loan EMI at 12 months to 24 months.
How do you contact IIFL gold loan customer care?
Resolve your gold loan-related issue with IIFL gold loan customer care by calling at toll-free number 1800-267-3000 or sending mail to gold-helpline@iifl.com.
How much amount gold is required for the IIFL gold loan?
A minimum of Rs. 18,000 amount of gold or 18 carats of gold is needed to obtain an IIFL gold loan.
Is your gold secure to IIFL finance?
IIFL Finance is a reputed NBFC company. IIFL follows all the RBI guidelines. This is 100% safe for your gold. After foreclosing the gold loan, you can withdraw gold anytime.