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.
Here are some of the characteristics and advantages of an IIFL Finance Gold Loan:
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
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
There are several ways in which you can repay your IIFL Finance Gold Loan. These include:
You can pay your EMIs effortlessly through apps like BHIM, PhonePe, Google Pay, Paytm, and MobiKwik.
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
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.
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
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.
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.
The interest rate for an IIFL Finance Gold Loan starts from 0.99% p.m., i.e., 11.88% p.a.
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.