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IIFL Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

IIFL Gold Loan Key Features – Apply Now!

IIFL Gold Loan Interest Rate 7.11% per annum
IIFL Gold Loan Per Gram Rate Per Gram Today is ₹ 5,032
IIFL Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
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 Bank Gold Loan:

  • Quick Processing: IIFLBank processes the loan very quickly and readily. The loan takes 60 minutes to get approved.
  • Minimal Documentation: All the credentials required for approving a gold loan should be minimum.
  • Transparent System: The IIFL Bank has a principled ideology of uncovered charges.
  • Loan Amount: Aggregate of advance given to the applicants is Rs. 15000 that goes down to Rs. 10000 for the people growing in rural zones.
  • Security of Jewelry: IIFL Bank takes the undertake the gold assets lent by the borrowers. It should be protected from fire-catching cellars.
  • Loan Tenure: The term of the gold loan in IIFL Bank is from 3 months to 2 years. You can discuss it in correspondence with your needs.
  • Advantages for Farmers: Farmers can cherish the loan given to them at least the price of premiums, also, they are given advantageous offers by the IIFL Bank.
  • No Debt Trouble: There are so allegations that can be declared on the applicant if he has not paid the amount back but IIFL Bank does not go for the former choice, it just confiscates the decorations for a specific time.
  • No Income bounds: IIFL Bank does not see what an individual is earning, anyone with high or less income can apply for a gold loan if they have any gold asset.


How Much Gold Loan can I Get through IIFL Bank Gold Loan:

IIFL Bank 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


IIFL Bank Gold Loan Eligibility:


18-70 years of age



Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats


IIFL Bank Gold Loan Documents Required:


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 Bank Gold Loan Interest Rate, Fees, and Charges:

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 Bank Gold Loan

IIFL (Indian Infoline Limited) is a financial institution founded in 1995.  It caters to credit services to those individuals who are looking for monetary help. This can aid them in financing personal requirements as well as professional needs. IIFL Bank provides sheltered and uninterrupted funding supply. It is popular among the customers for its uniqueness.

  • IIFL Bank Gold Loan Interest Rate is 7.11% per annum
  • IIFL Bank Gold Loan Per Gram is ₹ 5,032
  • IIFL Bank Gold Loan Tenure: Up to 24 months
  • IIFL Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of IIFL Bank Gold Loan:

  • Loan Against Gold –IIFL Bank provides loans to the clients at the slighter rate of interest and this is the reason why does the bank finds it easy to lend these penniless individuals a huge amount of money. As we all are aware that the Gold Loan is a secured loan than the other loans used for various purposes.
  • Loan Against Gold for Agriculture – IIFL Bank give away various exceptional offerings to the land cultivators counting to the interest at minimum price. Thus, land evidence should be provided to the bank for the knowledge of taking a loan.

IIFL Bank 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 Bank Gold Loan EMI?

  • Standing Instruction (SI): If you are directly an account holder with IIFL Bank, then Standing Instruction is unfailing and the righteous methodology for compensation. Your EMI is credited at the end of every month from the IIFL Bank account.
  • Electronic Clearing Service (ECS): This proceeding should take place only and only if you have a non-IIFL Bank record and probably need your EMIs to be charged to the end of the month from the present record.
  • Post-Dated Checks (PDC): You can propose your post-dated EMI details from a non-IIFL Bank financial statement at your nearest IIFL Bank loan Center. New PDCs should be presented urgently.

IIFL  Bank Gold Loan Contact Number:

Dial 9878981144 for communicating more about IIFL Bank Gold Loan best deals, and offers available in each branch of IIFL Bank.

Gold Ornaments Accepted by IIFL Bank :

  • Gold Jewelry-  IIFL Bank allows gold as in, Gold Bangles, Gold bands, Gold anklets, Gold necklaces, etc. all of these ornaments.
  • Quality- Purity, and quality of the gold lie between 18-22 carats.


Use of IIFL Bank Gold Loan:

  • Funds obtained from IIFL Bank Gold Loan can be used for separate expenses like education expenses, travel expenses, housing, hiking, etc.
  • Making your business regular work and expanding it in various places.
  • Farmers need funds for horticultural purposes like gardening, cultivation, etc.

Gold Loan Interest Rate of Major Banks


 Interest Rates

HDFC Bank Gold Loan

7.11% – 14.50%

ICICI Gold Loan

7.11% – 16.10%
Muthoot Finance Gold Loan

7.11% – 24.00%

Axis Bank Gold Loan

7.11% – 17.11%
Manappuram Gold Loan

7.11% – 26.00%

Yes Bank Gold Loan

7.11% – 15.99%
Bank of India Gold Loan

7.11% – 26.00%

Federal Bank Gold Loan 

7.11% – 13.50%
IIFL Gold Loan

7.11% – 12.00%

Central Bank of India Gold Loan

7.11% – 14.65%

Canara Bank Gold Loan

7.11% – 12.65%

Allahabad Bank Gold Loan

7.11% – 10.45%

Induslnd Bank Gold Loan

7.11% – 15.75%
PNB Gold Loan

7.11% – 11.75%

Bajaj Finance Gold Loan

7.11% – 26%
SBI Gold Loan

7.11% – 15.99%

Indian Bank Gold Loan

7.11% – 15.99%
UCO Bank Gold Loan

7.11% – 26.00%

Kotak Mahindra Bank Gold Loan

7.11% – 13.50%
Syndicate Bank Gold Loan

7.11% – 12.00%


FAQs About IIFL Bank Gold Loan:

  • What is IIFL Bank Gold Loan?

The IIFL Bank Gold Loan introduces a loaning facility where an individual is given funds in exchange for the gold. The loan will be provided at a lower rate of interest and has negligible paperwork.

  • How can I get the Gold Loan from IIFL Bank?

You can get the IIFL Bank Gold Loan by visiting any of the gold loan approving branches in India; otherwise, you can apply online with lendingwale conveniently from your home.

  • What is the Gold Loan Interest Rate in IIFL Bank?

The Gold Loan rate in IIFL Bank is 7.11% per annum.

  • How much Gold Loan can I get per gram in IIFL Bank?

The per gram Gold Loan in IIFL Bank is ₹ 5,032 Per Gram.

  • How to check Gold Loan status in IIFL Bank?

Revise the gold loan status in IIFL Bank by visiting the IIFL Bank loan status tracker web page and stay updated.

  • How to calculate Gold Loan Interest in IIFL Bank?

Calculations of gold loan interest in IIFL Bank can be concluded using the EMI calculator.

  • How to Pay IIFL Bank Gold Loan Interest Online?

Internet Banking is a new way of payment. Any applicant can pay the interest on the respective bank through net banking or else you can use Paytm or any of your most favorable methods.

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

On request for the augmentation of the customer in the repayment process, it is not done within 3 months then the IIFL Bank has the full liability to put legal charges against the client and confiscate their gold assets.

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

You can demand EMI Moratorium on IIFL Bank Gold Loan presently between the 1st March and 31st August 2020 and perform it by contacting the Bank client’s care or stopping over the closest IIFL Bank branch.