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IIFL Gold Loan

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    IIFL Gold Loan Key Features

    IIFL Gold Loan Loan Amount Up to Rs. 1 Crore (With Income Proof)
    IIFL Gold Loan Interest Rate 7.25% per annum
    IIFL Gold Loan Per Gram Rate Per Gram Today is ₹ 5,219
    IIFL Gold Loan Processing Fee 1.50% of the Principal Loan Amount
    IIFL Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
    IIFL Gold Loan Repayment Tenure 3 Months to 24 Months
    IIFL Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

    Advantages of IIFL Gold Loan

    • Fast Process: Gold Loan from IIFL quickly get approves and payout. 
    • Minimal Documents: Only essential and straightforward documents are required for taking up the Gold Loan from IIFL. 
    • Transparent System: There are no hidden charges from the customers. Proper transparency is maintained.
    • Amount of Loan: Atleast Rs15,000 amount of Loan is granted. In rural areas, the least amount of Loan accessed is Rs 10,000.
    • Safety of Jewellery: IIFl takes charge for the protection of your gold in return which you obtain Gold Loan. For security purpose, the gold is provided fireproof protection.
    • Loan Tenure: The Loan is provided for the term from three months to a pair of years.
    • Benefits for Farmers: Some exclusive offers for agricultural purposes. Low Gold Loan charge per unit for agricultural uses are provided.
    • No Debt Burden: If due to any reason the consumer is not able to pay back the loan, then the person will not be under any debts.
    • No financial gain bounds: There is no restriction on the wage of the person to access Gold Loan. Candidates of any financial level can take the advantages of Gold Loan.

    Wht Gold Loan can I Get through IIFL Gold Loan

    IIFL Gold Loan Per Gram – Updated September 2020

    Updated - Gold Loan Per Gram Rate

    Gold Weight

    Gold Purity

    Gold Purity

    Gold Purity

    Gold Purity

    24 Carat

    22 Carat

    20 Carat

    18 Carat

    1 gram

    4680 4290 3900 3510

    10 gram

    46800 42900 39000 35100

    20 gram

    93600 85800 78000 70200

    30 gram

    140400 128700 117000 105300

    40 gram

    187200 171600 156000 140400

    50 gram

    234000 214500 195000 175500

    100 gram

    468000 429000 390000 351000

    200 gram

    936000 858000 780000 702000

    300 gram

    1404000 1287000 1170000 1053000

    400 gram

    1872000 1716000 1560000 1404000

    500 gram

    2340000 2145000 1950000 1755000

    You can call us on 9878981144 to get information about the most productive Deals and Offers on IIFL Gold Loan Per Gram.

    IIFL Gold Loan Eligibility 

    The candidates for Gold Loan are eligible provided that they will fulfil the listed criteria:


    18-70 years of age



    Employment Status

    Salaried, Self-Employed

    Gold Quality

    Minimum 18 Carats

    IIFL Gold Loan Documents Required

    In IIFL Gold Loan documentation is needed to access to the gold loan. Essential documents for easy access are:


    2 Passport Size

    Identity Proof

    Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)

    Residence Proof

    Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)

    IIFL Gold Loan Interest Rate, Fees and Charges

    Gold loan is a type of secured loans where it is provided ar a low-interest rate. Therefore, the Gold Loan is a type of loan where the loan interest rates are inferior to that of the non-public or any other different type of Loan. The rate of interest is variant, i.e. it differs time to time and as well as person to person.

    HDFC Gold Loan Interest Rate

    7.00% per annum

    Processing Fee

    1.50% of the Principal Loan Amount

    Prepayment/Foreclosure Charges

    2%+GST (Within 3 Months), 0 (After 3 months)

    Valuation Fee

    Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs

    Late Repayment Charges

    2% p.a. + Applicable rate of interest.

    Renewal Processing Fees

    Rs 350 + GST

    About IIFL Gold Loan

    Life is full of hurdles, to tackle all such hurdles what’s essential is cash. In such conditions, Gold Loan is the most opted choice of people as it plays a very significant role during the money crisis. Candidates with low CIBIL score may also have quick access to the current services. IIFL Gold Loan is considered the most effective Gold Loan in India. 

    Despite, of the number of banking and non-banking corporations who grant the gold loan, IIFL Gold loan is the most opted choice. IIFL Gold Loan is famous for its excellent money services and considered the most dependable bank in India.

    • IIFL Gold Loan Interest Rate is 7.25% per annum
    • IIFL Gold Loan Per Gram is ₹ 5,219
    • IIFL Gold Loan Tenure: Up to 24 months
    • IIFL Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

    Types of IIFL Gold Loan

    IIFL provides a variety of schemes for different types of Gold Loan product ultimately:

    •  Loan Against Gold – IIFL Gold Loan provides Loan at a low rate of interest which truly satisfies anyone’s immediate needs. It is the most secured style of Loan, where the bank has no risk within the disposition quantity of money to the loan seeker.
    • Loan Against Gold for Agriculture- Particularly for the farmers for any agricultural uses IIFL Gold Loans provide Loan at a special rate of interest. In return of the offer with a special rate of interest bank which is mainly for farmers, the bank needs the Land proofs for the Loan.

    IIFL Gold Loan EMI Calculator

    Rate of Interest
    6 months
    1 Yr
    2 Yrs
    3 Yrs
    7.00% 17008 8652 4477 3088
    8.00% 17058 8699 4523 3134
    8.50% 17082 8722 4546 3157
    9.00% 17107 8745 4568 3180
    9.50% 17131 8678 4591 3203
    10.00% 17156 8791 4614 3227
    10.50% 17181 8815 4637 3250
    11.00% 17205 8838 4661 3274
    11.50% 17230 8861 4684 3298
    12.00% 17254 8885 4707 3321
    12.50% 17279 8908 4731 3345
    13.00% 17304 8932 4754 3369
    13.50% 17329 8955 4778 3393
    14.00% 17354 8979 4801 3418
    14.50% 17378 9002 4825 3442
    15.00% 17403 9026 4845 3466

    How to Pay Your IIFL Gold Loan EMI?

    IIFL Gold Loan may be paid back in the following different ways:

    • Standing Instruction (SI): If you are an account holder with currently, then Standing Instructions(SI) is the most opted method of payment, where toward the end of the month the loan will be deducted from the consumers IIFL account.
    • Electronic Clearing Service (ECS): This method is for the consumers who do not have IIFL account in the IFL bank. For such consumers, the EMIs have to be debited at the tip of the month.
    • Post-Dated Checks (PDC): In this, the individual will have post-dated EMI from the non-IIFL statement at your nearby IIFL loan centre. Very soon, the re-creation of PDCs is granted. For an ideal situation, it is recommended to notice Post Dated Checks(PDC) which can be collected non-ECS because it was.

    IIFL Gold Loan Contact Number

    Contact us at 9878981144 to get instant to facilitate and consent for your IIFL Gold Loan. You’ll follow the most efficient proposals on Gold Loan available of all the IIFL Branches everywhere in the country to avail the most efficient deal suited to your wants.

    Gold Ornaments Accepted by IIFL

    • Gold Jewellery like Gold Bangles, Gold earrings, Gold anklets, Gold Necklaces, Gold rings etc. are all accepted by IIFL for seeking Gold Loan
    • Quality: the quality of the Gold should be between 18 to 22 Carat. Gold Loan is not provided for gold of 24 Carat.

    Use of IIFL Gold Loan

    The Gold Loan that is obtained from IIFL Gold Loan services can be used for multiple purposes:

    • Gold Loan is available for any particular need like marriage, Higher education fees etc.
    • Loan services are also provided for marketing needs like developing marketing, Supply etc.
    • Gold Loan is also provided for horizontal ideas.

    FAQs About IIFL Gold Loan

    • What is IIFL Gold Loan?

    For any emergency, money facilitates using your Gold as a guarantee with the bank you can avail IIFL Gold Loan. It is available with exciting interest rates on term loan, bill of exchange, and EMI based monthly loan. Average time required for access to the gold loan is simply 45 minutes.

    •  How can I obtain the Gold Loan from the IIFL? 

    Following the traditional way of accessing IIFL Gold Loan, you can get in contact to any nearby IIFL Gold Loan Centre. Instead, you can also access to Gold Loan with  LoanNow online from anywhere at any time and can take advantages of the best deals and offers.

    •  What is Gold Loan Interest Rate in IIFL?

    The interest rate of IIFL Gold Loan is 7.25% per annum. The rate of interest depends on loan quantity, loan tenure, pureness of Gold etc.

    • What quantity Gold Loan can I get per gram in IIFL?

    The amount of per gram Gold Loan completely depends on the pureness and quality of Gold. IIFL Bank strictly follows the criteria of gold within 18 to 22 carat, and the consumer can avail up to Rs. 5,219 per gram in IIFL Gold Loan.

    • How to check Gold Loan status in IIFL?

    Candidates can check the status of their Gold Loan by visiting IIFL Loan Tracker. Fill up the right details in the given form. This further helps you to easily track the status and keeps you updated.

    •  How to calculate Gold Loan Interest in IIFL?

    Gold Loan interest rate can be calculated by the candidate themselves using the LoanNow’s EMI Calculator. It provides with the information once you are done with entering the right details in the calculator.

    •  How to Pay IIFL Gold Loan Interest Online?

    IIFL Gold Loan interest can be paid through net banking on the official IIFL loan repayment web page or alternatively. Another mode Paytm can also be used to repay IIFL Gold Loan or your preferred payment method.

    •  What if I can’t pay back the interest on IIFL Gold Loan for 3 months?

    If the interest is not paid back for 3 months, then initially a reminder is given for your pending dues. After this, if the payment requests go ignored or unheard then an official legal notice is sent, that demands the repayment and closure of the loan. Such defaults on your Gold Loan ends up in a decrease of your credit score and also make you accountable to face legal actions by the bank which may include confiscation and auction of your gold.

    • How may I apply for EMI Moratorium on IIFL Gold Loan?

    You can apply for EMI Moratorium on IIFL Gold Loan between 1st March and 31st August 2020. You can get it done by contacting the Bank Customer Care or visiting the nearby IIFL branch.