ICICI Gold Loan Key Features
| ICICI Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
| ICICI Gold Loan Interest Rate | 7.0% per annum |
| ICICI Gold Loan Per Gram | Rate Per Gram Today is â‚ą 5,268 |
| ICICI Gold Loan Processing Fee | 1.50% of the Principal Loan Amount |
| ICICI Gold Loan Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
| ICICI Gold Loan Repayment Tenure | 3 Months to 24 Months |
| ICICI Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of the ICICI Bank Gold loan
- Affecting Process: ICICI Bank Gold Loan is seen and coordinated quickly and with no issue. The credit gets went in an hour.
- Less Documentation: The documentation cycle is brilliant and less, crucial records are required for the ICICI Bank gold credit.
- Direct System: The bank gives full straightforwardness to the customer; that is, there is no guaranteed about charges.
- The degree of Loan: The base degree of advance that ICICI Bank obliges the customer is Rs. 15000. Moreover, It can be not as much as Rs. 10000 in like manner spaces.
- The flourishing of Jewelry: One titanic thing to note is that the bank is subject strongly to the security of your gold. In like manner, the gold is ensured in fire security.
- Advance Tenure: The residency of the improvement can be from 3 months to 2 years. In like way, You can pick according to your comforts.
- Ideal conditions for Farmers: ICICI bank gives some giant suggestion for standard purposes. That is, the bank offers a slight low Gold credit financing cost for a Gold improvement for agrarian use.
- No Debt Burden: There can be conditions in which an up-and-comer can’t repay the improvement all out in such a case the up-and-comer won’t be under obligations as the bank will for the most part take the embellishments.
How Much Gold Loan can I Get through ICICI Bank Gold Loan
ICICI Bank Gold Loan Per Gram – Updated September 2020
| Updated – Gold Loan Per Gram Rate | ||||
| Gold Weight | Gold Purity 24 Carat | Gold Purity 22 Carat | Gold Purity 20 Carat | Gold Purity 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 |
ICICI Bank Gold Loan Eligibility
Age | 18-70 years of age |
Nationality | Indian |
Employment Status | Salaried, Self-Employed |
Gold Quality | Minimum 18 Carats |
ICICI Bank Gold Loan Documents Required
Photographs | 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) |
ICICI Bank Gold Loan Interest Rate, Fees and Charges
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 ICICI Bank Gold Loan
Life is flooding with insufficiencies. In like way, you may imagine that cash should switch up to budgetary bunch for a shocking term. For this condition, you can get a Gold Loan to battle with the money related emergency. A gold credit is guaranteed about the astonishing new unexpected new turn of events. Fittingly, individuals with low CIBIL scores can in like way enough bit of room this collusion. For ICICI Bank Gold Loan is outlandishly stood secluded from other gold advances in India.
In any case, there is a monstrous level of money related banking and non-banking affiliations that give you a gold credit, regardless, ICICI Bank Gold Loan is seen as the best. It is one of the most expected and strong banks in India. In like way, It is known for its dazzling money related to affiliations.
- ICICI Bank Gold Loan Interest Rate is 7.0% per annum
- ICICI Bank Gold Loan Per Gram is â‚ą 5,268
- ICICI Bank Gold Loan Tenure: Up to 24 months
- ICICI Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of ICICI Bank Gold Loan
ICICI Bank offers different plans related to the Gold Loan thing which are recorded underneath:
Advance Against Gold – ICICI Bank gives Gold Loan at coexisting with upgrades major to satisfy anybody’s basic needs of focal obsessions under any conditions whether individual or star. The gold credit is completely guaranteed about such advances and therefore, the bank has no hazard in attributing them all out to the up-and-comer so it is given at a wonderfully more moderate improvement of premium when wandered from different sorts of Loan things.
Advance Against Gold for Agriculture – ICICI Bank gives Gold Loans unequivocally to agribusiness purposes to ranchers at a noteworthy improvement of intensity when kept from gold advances given for different occupations. They are given overwhelming offers and you have to give the bank Land mentioning to which you are taking the Loan.
ICICI 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 ICICI Gold Loan EMI?
Your ICICI Bank gold improvement can be reimbursed in going into three interstates:
- Standing Instruction (SI): If you are a current record holder with ICICI Bank, Standing Instruction is the most solid perspective for pay. Your EMI whole will be credited thusly towards the month’s choice to the month’s time back from the ICICI Bank account you show.
- Electronic Clearing Service (ECS): This program can be applied if you have a non-ICICI Bank record and may require your EMIs to be charged similarly near the farthest furthest degrees of the month to month cycle from this record.
- Post-Dated Checks (PDC): You can present post-dated EMI examinations from a non-ICICI Bank presentation at your closest ICICI Bank Loan Center. Another detachment in PDCs should be presented immediately. It will daze if you note Post Dated Checks will be amassed non-ECS states as is generally said.
ICICI Bank Gold Loan Contact Number
Call 9878981144 and get second assistance and sponsorship for your ICICI Bank Gold Loan. You can know the best proposition on Gold Loan open from all the ICICI Bank Branches all through the country to benefit the best method fitting to your necessities.
Gold Ornaments Accepted by ICICI Bank
- Gold Jewelry: For instance, Gold Bangles, Gold rings, Gold anklets, Gold embellishments, etc these are seen by ICICI Bank for benefitting a Gold Loan.
- Quality: The chance of gold should be between 18 Carat to 22 Carat. Any gold orchestrating which is 24 Carat, can’t be used for benefitting a gold credit.
Use of ICICI Bank Gold Loan
The positive conditions guaranteed about by benefitting the ICICI Bank Gold Loan affiliation can be utilized for a couple of reasons, for example:
- To support the unequivocal hypothesis, for example, marriage, climbing, a trace of forefront sorting out cost packs, and so forth.
- For all your provoking necessities, for example, buying new deftly, making publicizing, thusly, using a credit union is open.
- You can other than benefit by a Gold Loan for green contemplations. The bank gives lower costs of colossal for Gold Loans that are used for making or related undertakings.
Gold Loan Interest Rate of Major Banks
| Bank | Interest Rates |
| 7.00% – 14.50% | |
| 7.00% – 16.10% | |
| Muthoot Finance Gold Loan | 7.00% – 24.00% |
| 7.00% – 17.00% | |
| Manappuram Gold Loan | 7.00% – 26.00% |
| 7.00% – 15.99% | |
| Bank of India Gold Loan | 7.00% – 26.00% |
| 7.00% – 13.50% | |
| IIFL Gold Loan | 7.00% – 12.00% |
| 7.00% – 14.65% | |
| 7.00% – 12.65% | |
| Allahabad Bank Gold Loan | 7.00% – 10.45% |
| 7.00% – 15.75% | |
| PNB Gold Loan | 7.00% – 11.75% |
| 7.00% – 26% | |
| SBI Gold Loan | 7.00% – 15.99% |
| 7.00% – 15.99% | |
| UCO Bank Gold Loan | 7.00% – 26.00% |
| 7.00% – 13.50% | |
| Syndicate Bank Gold Loan | 7.00% – 12.00% |
FAQs About ICICI Bank Gold Loan
- What is ICICI Bank Gold Loan?
To get a Gold Loan, you can stroll into any ICICI Bank office offering Gold Loan with your gems and profit of a Gold Loan for any an incentive from Rs 10,000 to Rs 1 Crore rapidly. With our basic and simple documentation measure, the credit can be benefited of over the counter rapidly.
- How can I get the Gold Loan from ICICI Bank?
You can get ICICI Bank Gold Loan by visiting any of the gold headway duties parts of ICICI Bank or you can apply online with bookmyloan from the solace of your home and get the best strategies and offers. ICICI Bank is one of the public banks in India that gives the Gold Loan philosophy.
- What is Gold Loan Interest Rate in ICICI Bank?
The Gold Loan Interest Rate in ICICI Bank is 7.0% per annum.
- How much Gold Loan can I get per gram in ICICI Bank?
You can get ICICI Bank Gold Loan by visiting any of the gold improvement responsibilities parts of ICICI Bank or you can apply online with bookmyloan from the comfort of your home and get the best structure and offers. ICICI Bank is one of the key banks in India that gives the Gold Loan organization.
- How to check Gold Loan status in ICICI Bank?
To check your ICICI Bank Gold Loan status you should simply visit the ICICI Bank Loan Status Tracker site page and fill in your subtleties in the structure given. You can no insufficiencies, and, or buts follow the status of your progress from any spot and stay fortified.
- How to calculate Gold Loan Interest in ICICI Bank?
You can get a cut-off with the centrality on your ICICI Bank Gold Loan utilizing EMI Calculator which gives you cautious sums subject to the data you go into the calling.
- How to Pay ICICI Bank Gold Loan Interest Online?
You can pay the ICICI Bank Gold Loan premium online through net ward upon the authority ICICI Bank advance reimbursement page or clearly, you can in like way reimburse your ICICI Bank Gold Loan on Paytm utilizing you’re kept up the hidden structure.
- What if I can’t pay the interest on ICICI Bank Gold Loan for 3 months?
On the off chance that you don’t pay your ICICI Bank Gold Loan for 3 months, the bank will shape the beginning to assist you with looking at your pushing toward commitment. On the off chance that the part demands go unheard, a force authentic bearing is sent proposing the reimbursement and finish of the new abrupt new unexpected turn of events. Defaulting on your Gold Loan accomplishes a reduction of your FICO evaluation other than make you focused on testing genuine activities by the bank including the seizure and offer of your gold.
- How can I apply for EMI Moratorium on ICICI Bank Gold Loan?
You can apply for EMI Moratorium on ICICI Bank Gold Loan now between the standard March and 31st August 2020 and must be finished by showing up at the Bank client care or visiting the closest ICICI Bank office.
