Apply for an IIFL Finance Gold Loan of up to ₹30 Lakhs starting from 0.99% per month on Bajaj Markets. Enjoy a simple loan application process with minimal documentation. You can also enjoy doorstep gold loan services by applying for the loan on Bajaj Markets. Here are some highlights of the IIFL Finance Gold Loan that you should know about:

Loan Amount

₹30 Lakhs

Interest Rate

Starting from 0.99% p.m. or 11.88% p.a.

Tenure

Up to 2 years

Loan-to-Value (LTV) Ratio

Up to 75%

Processing Fee

NIL

MTM Charges

₹500

Foreclosure Charges

NIL

Auction Charges

₹1,500 + ₹200 (intimation charges)

*Disclaimer: The mentioned details are subject to change at the lender’s discretion.

Features and Benefits of IIFL Finance Gold Loan

Here are some of the characteristics and advantages of an IIFL Finance Gold Loan:

High Loan Amount

With these loans, you can get funding of up to ₹30 Lakhs on the asset you pledge

Competitive Rates

Interest rates are quite attractive, starting at 0.99% p.m.

Convenient Service

With the doorstep gold loan service, you can get funds from the comfort of your home

Quick Disbursal

Enjoy quick approval and disbursal process to meet your immediate needs

Minimum Documentation

Submit minimal documents, and enjoy a hassle-free application process

IIFL Finance Gold Loan Eligibility Criteria

Here are the eligibility requirements you need to fulfil:

  • You must be between 18 and 70 years of age

  • You must either be a professional, self-employed, salaried, non-salaried, farmer, or trader

  • The purity level of the gold pledged must be between 18 and 22 karats

Documents Required for an IIFL Finance Gold Loan

The following is the list of documents you need to furnish:

  • Identity proof: Any one of the following

    • PAN card

    • Aadhaar card

    • Voter ID card

    • Driving license

    • Passport

  • Proof of residence: Any one of the following

    • Driving license

    • Aadhaar card

    • Voter ID card

    • Passport

    • Utility bills

    • Bank statement

    • Rent agreement

Gold Loan Repayment

There are several ways in which you can repay your IIFL Finance Gold Loan. These include:

UPI Apps

You can pay your EMIs effortlessly through apps like BHIM, PhonePe, Google Pay, Paytm, and MobiKwik. 

IIFL Loans Mobile App

Follow these simple steps to pay your loan instalments on the official mobile app of IIFL Finance:

  • Login to the app using your credentials

  • Scroll down to find your gold loan account

  • Select the ‘Make Payment’ option

  • Enter the EMI amount and select ‘Pay Now’

  • Choose your preferred payment method and finish the transaction

Branch Office

Visit the nearest branch office to pay your monthly loan installment via cash. You can further discuss other repayment options provided by IIFL Finance with the branch executive. This can help you identify an option that best suits your preferences, helping you make your loan repayments easily and on time. 

How to Apply?

You can apply for an IIFL Finance Gold Loan on the Bajaj Markets website and app:

  • Click on the ‘CHECK ELIGIBILITY’ option on this page or install the Bajaj Markets App through Google Play Store or App Store

  • Select ‘New Gold Loan’ from the loan type

  • Now enter your personal details like name, mobile number and date of birth

  • Next, enter the required loan amount, pincode

  • Select the gender (male, female or others) and enter the email address

  • Click on ‘SUBMIT’

A representative will get in touch with you for further process

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Frequently Asked Questions

How much can I borrow with an IIFL Finance Gold Loan?

You can get up to ₹30 Lakhs with an IIFL Finance Gold Loan. However, the amount offered to you depends on your loan eligibility and the value of your gold submitted as collateral.

What is the gold loan interest rate?

The interest rate for an IIFL Finance Gold Loan starts from 0.99% p.m., i.e., 11.88% p.a.

Is it safe to get an IIFL Finance Gold Loan?

Yes, the gold you submit as collateral is stored in secure vaults. In addition, the institution provides complimentary insurance for your gold. Under this, you are liable to get compensation if your gold is lost or damaged in the event of a robbery, etc.

✓ No Limit on Loan Amounts ✓ Interest Rate Starting @0.74% p.m. ✓ Minimal Documentation Check Eligibility
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