ICICI Bank Gold Loan Interest Rate, Details, Apply 2024: In this article, we will know in detail what is ICICI Bank Gold Loan, what is the interest rate, eligibility, documents of this loan and how can we apply for this loan etc., so you read this article till the end.
When we take a loan by pledging our gold ornaments, ornaments or gold coins, then it is a gold loan.
ICICI Bank Gold Loan
Gold loan comes under the category of a Secured Loan i.e. you have to give collateral or security to take this loan. Under gold loan, you have to pledge your gold as collateral or security. The bank checks the customer’s CIBIL score before giving the loan, so your credit score should be very good. The loan amount given under Gold Loan depends on your gold.
If your credit history is very good and you fulfill all the conditions of the bank, then you can take advantage of the bank’s attractive Gold Loan interest rate. You can take ICICI Gold Loan for any of your work like marriage expenses, medical emergency, education, travel, home renovation etc. You can apply for ICICI Gold Loan both online and offline.
You can also meet your expenses by joining ICICI Bank personal loan, but the interest rate of personal loan can be higher than the interest rate of gold loan. Under ICICI Bank Gold Loan, you can get a gold loan from Rs 50,000 to Rs 1 crore. The loan tenure of this loan is up to a maximum of 12 months.
ICICI Bank Gold Loan Benefits and Features
- Any person can take advantage of ICICI Jewel Loan for any type of his business, agriculture, personal, emergency or any other financial requirement.
- You can go to your nearest bank branch to find out how much loan you can get per gram of gold (ICICI Bank Jewel loan Per Gram).
- Under ICICI Bank Gold Loan, you can get a loan of Rs 50,000 to Rs 1 crore.
- ICICI Bank Gold Loan interest rate starts from 10% p.a.
- You can get this loan for a maximum loan tenure of 12 months.
- Avail loans with faster processing, attractive interest rates and simpler documentation.
- The bank gives complete protection to your jewellery.
- You can apply for this loan by visiting your nearest bank branch or visiting the bank’s official website and get Instant Gold Loan.
- If you are facing any problem in applying for gold loan, then you can get information by calling ICICI Gold Loan customer care number.
- The processing fee for this gold loan is up to 1% of the loan amount.
- The bank provides the benefit of Gold Loan Top-up facility to its existing customers. Under this facility, customers can get additional loan amount without pledging any further security or collateral.
- You should calculate your loan eligibility and EMI with the help of Gold Loan Calculator which helps you to avail your loan.
ICICI Bank Gold Loan Interest rate 2023
ICICI Gold Loan interest rate starts from 10% p.a. The maximum interest rate can be up to 19.8% per annum. Before applying for ICICI Gold Loan, it is important for you to know about the interest rate of your loan properly.
You can compare the interest rate of various banks and financial institutions with the ICICI Gold Loan interest rate, which will help you to get the cheapest gold loan. Gold loan interest rate affects your loan EMI.
ICICI Bank Gold Loan Eligibility
You can apply for this loan only if you fulfill its eligibility. You can calculate your loan eligibility with the help of Gold Loan Calculator by visiting the official website of the bank. Many people have this question that what is ICICI Gold Loan Rate Per Gram Today, then you can get information about it with the help of Gold Loan Calculator.
The eligibility to apply for Gold Loan is as follows:
- Any person can take advantage of this loan to meet any of his needs like business, agriculture, personal, emergency etc.
- Applicant’s age should be between 18 to 70 years.
- You must have mortgageable gold.
- Your gold should be of 18 carat or more.
- Other eligibility.
Documents Need for ICICI Bank Gold loan
Before applying for a gold loan, you should keep all your documents together so that whenever the bank asks for documents from you, you can show them all the documents immediately. For more information about the document, you can visit your nearest bank branch and contact:
Following are the documents required to apply for Gold Loan:
- Two passport size photographs.
- ID Proof like Driving License / Passport Copy / Voter ID Card / Aadhar Card / Ration Card, any one document has to be submitted.
- Address Proof such as Driving License / Voter ID Card / Aadhar Card / Passport copy / Job Card issued by NREGA (any).
- Proof of land holding in case of agricultural loan above Rs 1 lakh.
- Proof of supporting documents for allied agriculture activity loan above 5 lakhs.
ICICI Bank Gold Loan Apply
If you fulfill all the conditions of this loan, then you can apply for the loan online and offline or by calling the customer care number of the bank. To apply, follow the steps given below:
ICICI Bank Gold Loan Apply Online
- To apply online, you have to first visit the official website of the bank at icicibank.com
- After visiting the website, click on the option of Gold Loan in the option of Loans.
- After clicking, all the information related to gold loan will come in front of you.
- You have to read this information correctly.
- Click on Apply Now option to apply .
- After clicking, a form will open in front of you.
- Enter the requested information in it and click on submit.
- After you submit the loan, the bank will contact you and the loan process will be issued further.
How to apply offline?
- To apply offline, you have to first go to your nearest ICICI Bank branch.
- Go to the bank and contact the bank official who will provide you complete information about the gold loan.
- Then will calculate your gold.
- Your documents will be verified.
- You have to fill a form and attach the documents with it and submit it there.
- If your loan is approved then the loan amount will be transferred to your bank account.
ICICI Bank Gold Loan Calculator
Before applying for a gold loan, you should calculate the EMI of your loan, which makes it easy for you to find out how much you will have to pay at the time of loan repayment. You can calculate the EMI of your loan with the help of Gold Loan EMI Calculator by visiting the official website of the bank. If you apply for the loan without calculating the EMI of the loan, then you may face problems at the time of loan repayment.
You can calculate and compare different gold loan EMIs which helps you get the cheapest gold loan.
ICICI Gold Loan Fees & Charges
| processing fee | 1.0% of loan amount |
| assessment fee | Rs.100 to Rs.1250 |
| top up fee | 1% of the top up amount, subject to a minimum of Rs.250 |
| documentation fee | 199 rupees |
| ICICI Bank Gold loan renewal charges | Starting from Rs.300 |
| Stamp duty and other statutory charges | in accordance with applicable state laws |
| foreclosure charges | 1% |
| overdue handling charges | Starting from Rs.200 |
ICICI Bank Gold Loan Customer Care Number
If you are facing any problem in applying for this gold loan or if you want to get any other information regarding this loan, then you can get information by calling ICICI Gold Loan customer care numbe
- Give a Missed Call on 84448 84448
- Personal Banking : 1860 120 7777
- Wealth / Private Banking : 1800 103 8181
- Corporate / Business/ Retail Institutional Banking : 1860 120 6699
My Last Thought:
In this article, we have provided you complete information about ICICI Bank Gold Loan. Any person who is in urgent need of money can take advantage of this loan. r.
Hope friends, you have found this article informative. If you liked the information given in this article, then please share it as much as possible.
FAQs on ICICI Bank Gold Loan:
What is ICICI Gold Loan interest rate?
The interest rate of this loan starts from 10% per annum.
What is the per gram gold loan rate in ICICI Bank?
You can find this out with the help of Gold Loan Eligibility Calculator by visiting the official website of ICICI Bank.
How much gold loan can I get from ICICI Bank?
You can get a gold loan from Rs 50,000 to Rs 1 crore.
What is the processing fee for this Gold Loan?
1% of the loan amount.
How to apply for ICICI Gold Loan?
Complete information about applying for gold loan is given in this article.
For how long period can I get this loan?
You can get this loan for a maximum tenure of 12 months.