IIFL Gold Loan Details, Apply, Interest Rate 2024

IIFL Gold Loan Details, Apply, Interest Rate, Eligibility, Document Required and customer care number more details 2023: When you take a loan by pledging anything made of your gold, then it is a gold loan. In this article, we will know in detail what is the IIFL gold loan, the interest rate of this loan, eligibility, what are the documents and how we can apply for this loan, etc., so you read this article till the end.

IIFL Gold Loan Details

You can take advantage of IIFL Finance Gold Loan to meet any of your needs such as marriage expenses, medical emergency, higher education, traveling, renewal of home, etc. The lender checks the customer’s cibil score before giving a gold loan. If your CIBIL score is very good and you are the existing customer of the bank, then you can take advantage of the bank’s attractive Gold Loan Interest Rate.

You can also meet these expenses by connecting with IIFL Personal Loan but the interest rate of personal loan can be higher than that of gold loan interest rate. Gold loan falls under the category of a secured loan. In order to take a loan, you have to pledge your gold as a collectorate or security and the lender gives you a loan instead.

The IIFL Gold Loan Interest Rate starts at 9.96% per year. If you fulfill all the conditions of this loan, then in just 5 minutes the loan becomes approval and the loan is distributed in just 30 minutes. On the day of applying, the market value of your gold is calculated according to the market rate per gram of gold. You can pledge gold jewelry, besides metals, stones and gems are not included in it. You can get a loan according to your need.

IIFL Gold Loan Benefits and features

• Any person can take advantage of this loan to fulfill any kind of business or personal needs.
• The interest rate of IIFL Gold Loan starts from 9.96% per annum.
• If you fulfill all the conditions of IIFL Finance Gold loan then you can get the cheapest gold loan.
• You can calculate your loan EMI, eligibility with the help of Gold Loan Calculator which helps you in making your plan for availing Gold Loan.
• The minimum loan amount you can get under IIFL Gold Loan is Rs 3,000, there is no maximum limit.
• The bank offers various types of gold loan schemes according to the needs of the customers, in which the interest rate and loan amount can be different.
• You have to pay a nominal processing fee to avail a gold loan.
• You can foreclose your loan account before the tenure.
• You can make the IIFL Gold Loan online payment of the loan (Online Pay IIFL Gold loan).
• The loan tenure of this gold loan is up to 24 months.
• You can search for gold loan by visiting your nearest IIFL branch (IIFL Gold loan near me).
• Free insurance is provided for the pledged jewellery.
• Digital gold loan facility is available.

IIFL Gold Loan interest rate 2023

IIFL Gold Loan interest rate starts from 9.96% p.a. which can go up to 27% p.a. The gold loan interest rate depends on several factors such as the applicant’s CIBIL score, age, income, employment status, repayment capacity, etc. If you have a very good credit score and you fulfill all the conditions of IIFL Finance gold loan, then you can get the cheapest gold loan.

Before applying for any gold loan, it is important for you to know about its interest rate properly. Gold loan interest rate affects the EMI of the loan. You can find the cheapest gold loan by comparing different gold loan interest rates.

IIFL Gold Loan Eligibility

• Any person who is in urgent need of money can apply for this loan.
• You must have mortgageable gold.
• Your gold should be of 18 carat or more.
• If you mortgage your gold jewelery or ornaments, then only the gold portion will be counted, other metals, stones and gems will be excluded from this calculation, that is, you will not get any loan on them.
• Other eligibility.

IIFL Gold loan Documents required

Before applying for a gold loan, you should keep all your necessary documents together so that whenever the officials of IIFL Finance ask you for documents, you can immediately show them all the documents. For more information about the document, you can also contact your nearest IIFL Finance branch.

Following are the documents to apply:

• eKYC document.
• Identity Proof: Aadhar Card / Passport / PAN Card / Valid Driving License / Voter I Card / Job Card issued by NREGA.
• Address Proof: Aadhar Card / Passport / Ration Card / Electricity Bill / Driving License / Voter I Card / Job Card issued by NREGA.
• Other Documents.

HDFC Gold Loan Schemes

The bank offers various types of gold loans as per the requirement of the customers. This loan is as follows:

• IIFL SPL 1
• IIFL SPL 2
• IIFL SPL 3
• IIFL AGRI LOAN

IIFL SPL 1:

• You can avail maximum loan with reasonable interest rate.
• The loan amount under this loan starts from Rs.3,000, there is no maximum limit.
• The loan tenure of this gold loan is up to 24 months.
• Facility of free insurance of pledged jewellery.
• Digital gold loan facility is available.

IIFL SPL 2:

• Benefit of maximum loan value and reasonable interest rate starting from 0.83% p.a. (9.96% p.a.).
• The loan amount under this loan starts from Rs. 5,00,000.
• There is no limit on the maximum loan amount.
• The duration of this IIFL Gold Loan is up to 24 months.
• Free insurance of pledged jewellery.
• Digital gold loan facility available.

IIFL SPL 3:

• The ideal and reasonable interest rate for business owners starts from 0.79 percent (9.48% p.a.).
• The loan amount under this loan starts from Rs.10,00,000.
• There is no limit on the maximum loan amount.
• The maximum tenure of the loan is 24 months.
• Free insurance of pledged jewellery.
• Digital gold loan facility available.

IIFL AGRI Loan:

• This is a Gold Loan for Farmers facility for farmers.
• The loan amount starts from Rs.3000.
• Half yearly schemes with attractive interest rates.

IIFL Digital Gold Loan

This financial institution provides digital gold loan to the customers. Features of Digital Gold Loan are as follows:

• You can get loan from anywhere anytime.
• Top-up facility on existing loan.
• Facility for online renewal of loan (IIFL Gold loan online renewal).
• Add online bank account.
• payment of dues
• Download Loan Account Statement
• fully digital process
• Free insurance cover for your gold.
• Loan benefits with easy documentation, fast processing and attractive interest rates.
• Hassle free, paperless transactions from your mobile device.
• The entire loan process is completely transparent, no hidden charges.

IIFL Gold Loan Apply

If you fulfill all the conditions of this loan, then you can apply for it both online or offline. You can also apply for a loan by calling the IIFL Gold Loan customer care number. Follow the steps given below to apply:

IIFL Gold Loan Apply Online

• To apply for gold loan online, you have to first visit the official website of IIFL Finance, iifl.com.

• On the home page of the website, you will see the option of Gold Loan, click on it.
• After clicking, all the information related to gold loan will come in front of you.

• To apply, click on the option of Apply Now.
• The form will open in front of you.
• Enter the requested information in it and click on submit.
• After submitting the form, the officials of IIFL Finance will contact you and the loan process will be issued further.

How to apply offline?

• For this you have to first go to your nearest IIFL Finance branch.
• Contact the branch official who will provide you complete information about gold loan.
• Then your gold will be assessed.
• Then it will tell you how much you can take advantage of loan up to Rs.
• Will verify your documents.
• 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.

IIFL Gold Loan Calculator

Before applying for the loan, you should calculate your loan eligibility, EMI with the help of gold loan calculator. With the help of IIFL Gold Loan Calculator, you can find out how much loan you can get per gram of gold (IIFL Gold loan per gram). For this you can use IIFL Finance’s Gold Loan Calculator.

Before applying for this gold loan, you should know how much gold jewelery you will need to carry to the IIFL branch and how much loan you can get against them. Since gold prices fluctuate which directly affects your loan amount. The market value of your gold is calculated as per the market rate per gram of gold on the day you apply for the loan.

IIFL Gold loan payment

You can repay your gold loan in many ways. The options for making Gold Loan Repayment are as follows:

• Make Online Repayment: For this you have to visit the official website of IIFL Finance. Click on Login to login with the help of your credentials. After that you can make online payment with the help of Net Banking, UPI or Debit/Credit Card.
• From IIFL Loan App: First of all you have to download IIFL Loans App. You can download it from the Google Play Store or the official website of IIFL Finance. Log in using your credentials and you can make the payment using Net Banking, UPI or Debit/Credit Card.
• By visiting the branch: If you do not want to pay IIFL gold loan online by both the above methods, then you can do it by visiting your nearest IIFL Finance branch. You can also ask the branch official about other modes of payment.

IIFL Gold loan Near Me

If you want to apply for Gold Loan by visiting your nearest branch then you can. If you do not know that there is any IIFL Finance branch near you, then you can check it online. To check online you follow the steps given below:

• First of all you have to visit the official website of IIFL Finance.
• After visiting the website, click on the option of Gold Loan.
• On the next page, you will see the option of FIND NEAREST BRANCH, click on it.
• After clicking, the entire map will open in front of you.
• In this you can search your nearest branch by entering your location.

IIFL Gold Loan vs Muthoot Finance Gold loan

Before applying for a gold loan from any lender, you should make a comparison between various gold loans that can help you get the cheapest gold loan. Below is a comparison between two main financial companies IIFL Gold Loan and Muthoot Finance Gold loan :

comparison	IIFL Gold Loan	Muthoot Finance Gold Loan
loan amount	Starting from Rs.3000	Starting from minimum Rs.1500
Rate of interest	Starting from 9.96% p.a.	Starting from 12% p.a.
processing fee	Starting at 0%, varies by plan	Up to 1% of the loan amount
loan tenure	up to 24 months	up to 36 months
Application Mode	online / offline	online / offline
official website	iifl.com	muhootfinance.com

IIFL Gold Loan Customer Care Number

If you are facing any kind of problem in applying for this gold loan or you want to get any other information regarding this loan, then you can get information by calling IIFL Gold Loan customer care number.

• On-Call Support : 1860-267-3000
• Email : [email protected]

My Last Thoughts:

In this article, we have provided you complete information about IIFL Gold Loan. Any person who is in urgent need of money can apply for this gold loan.

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.

FAQ’s on IIFL Gold Loan