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IIFL Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

IIFL Gold Loan Key Features

IIFL Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
IIFL Gold Loan Interest Rate 7.0% per annum
IIFL Gold Loan Loan Per Gram Rate Per Gram Today is ₹ 5,268
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 Gold Loan

  • Fast Process: IIFL Gold Loan gets passed and payout easily. The loan availed within an hour.
  • Minimal Documents: For IIFL Gold Loan document process is an easy done process and only essential  documents are required
  • Transparent System: Complete transparency is provided to the customer; there are no hidden charges.
  • Amount of Loan: The least amount of loan provided to the customer is Rs. 15000. In rural areas, the least amount can also be less than Rs 10000.
  • Safety of Jewellery: IIFL  is responsible for the security of your gold. Thus, the gold is provided fireproof protection.
  • Loan Tenure: The loan is provided for the term from 3 months to 2 years.
  • Benefits for Farmers: IIFL commands some exclusive offers for agricultural purposes. Low Gold Loan interest rate for agricultural uses are provided.
  • No Debt Burden: If in any condition the applicant is not able to repay the loan amount, the applicant will not be under debts. Only the ornaments will be seized.
  • No Income bounds: There are no constraints on the salary of the applicant. Hence, applicants with any income level can avail a gold loan.

How much Gold Loan can I Get through IIFL Gold Loan

IIFL 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

Call at 9878981144 to avail the Best Deals and Offers on IIFL Gold Loan Per Gram.

IIFL Gold Loan Eligibility 

The loan seekers for Gold Loan are eligible only if they satisfy the following criteria:


18-70 years of age



Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

IIFL Gold Loan Documents Required

In IIFL Gold Loan least documentation are required to quickly access to the gold loan. Following are the list of 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 Gold Loan Interest Rate, Fees and Charges

Gold as security is accessible at a low-interest rate because it’s under the classification of secured loans. Therefore, the Gold Loan interest rates are inferior to that of the personal loan or any other type of loans. The Gold Loan rate keeps on varying time to time as well as person to person.

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 Gold Loan

Emergencies are a part of life. Thus, to tackle with all the financial obstacles in your life we all need money. Where Gold Loan acts an important role to fight with the financial crisis. Gold Loan is a secured loan. People with low CIBIL score can also have clear access to this service.  IIFL Gold Loan is one of the best Gold Loans in India.

Despite, there is plenty of financial banking and non-banking companies that avail the gold loan, but IIFL Gold Loan is recognised the best. IIFL is well-known for its excellent financial services, as it is one of the most reputed and reliable banks in India.

  • IIFL Gold Loan Interest Rate is 7.00% per annum
  • IIFL Gold Loan Per Gram is ₹ 5,268
  • IIFL Gold Loan Tenure: Up to 24 months
  • IIFL Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of IIFL Gold Loan

IIFL provides various schemes connected to the Gold Loan product. Schemes are as follows:

  • Loan Against Gold- IIFL provides Gold Loan at an appealing rate of interests which can actually fulfil anyone’s direct need of funds for any personal or professional reasons. Gold Loan is completely a secured form of loan where the bank has no risk in the lending amount of money to the loan seeker at a cheaper rate of interest as compared to the other forms of Loan products.
  • Loan Against Gold for Agriculture- Especially for agricultural purposes to farmers IIFL Avails Gold Loan at a unique rate of interest as compared to the Gold Loans which are granted for other uses. Mainly offers avails and the bank need the Land proofs on which basis the loan seekers apply for Loan.

IIFL 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 Gold Loan EMI?

IIFL Gold Advance can be repaid in the following ways:

  • Standing Instruction (SI): If you are an account holder with IIFL currently, then Standing Instructions is the common opted method of payment toward the completion of the month period, the EMI amount will be credited from the applicants IIFL account the applicant displays.
  • Electronic Clearing Service (ECS): This scheme is for the applicants who have a  non-IIFL Bank record and the EMIs need to be debited consequently at the completion of the monthly cycle from this account.
  • Post-Dated Checks (PDC): The applicant can perform post-dated EMI examine from non-IIFL Bank statement at your nearby IIFL Loan Center. Shortly, the latest version of PDCs should be displayed. For ideal condition, it’s advised to note Post Dated Checks which will be collected non-ECS states as it were.

IIFL Gold Loan Contact Number

Call at 9878981144 to get immediate help and permission for your IIFL Gold Loan. You can know the best offers on Gold Loan available from all the IIFL Branches everywhere the country to avail the best deal suitable to your needs.

Gold Ornaments Accepted by IIFL

  • Gold Jewellery like Gold Bangles, Gold rings, Gold anklets, Gold Necklaces etc. are all accepted by IIFL for seeking Gold Loan
  • Quality: The quality of Gold should be within 18 to 22 Carat. Any 24 Carat gold ornaments cannot be used to avail a gold loan.

Use of IIFL Gold Loan

The fund that is obtained by IIFL Gold Loan services can be used for various purposes:

  • Fund for any particular expenses such as hiking, matrimony, instalment of higher tuition payments, etc.
  • Loan services are accessible for marketing requirements like purchasing fresh supply, developing marketing, etc.
  • Further, Gold Loan can also be availed for horizontal ideas. The bank provides a cheaper rate of interest for Gold Loans that are available for farming or farming-related projects.

Gold Loan Interest Rate of Major Banks


 Interest Rates

HDFC Bank Gold Loan

7.00% – 14.50%

ICICI Gold Loan

7.00% – 16.10%
Muthoot Finance Gold Loan

7.00% – 24.00%

Axis Bank Gold Loan

7.00% – 17.00%
Manappuram Gold Loan

7.00% – 26.00%

Yes Bank Gold Loan

7.00% – 15.99%
Bank of India Gold Loan

7.00% – 26.00%

Federal Bank Gold Loan 

7.00% – 13.50%
IIFL Gold Loan

7.00% – 12.00%

Central Bank of India Gold Loan

7.00% – 14.65%

Canara Bank Gold Loan

7.00% – 12.65%

Allahabad Bank Gold Loan

7.00% – 10.45%

Induslnd Bank Gold Loan

7.00% – 15.75%
PNB Gold Loan

7.00% – 11.75%

Bajaj Finance Gold Loan

7.00% – 26%
SBI Gold Loan

7.00% – 15.99%

Indian Bank Gold Loan

7.00% – 15.99%
UCO Bank Gold Loan

7.00% – 26.00%

Kotak Mahindra Bank Gold Loan

7.00% – 13.50%
Syndicate Bank Gold Loan

7.00% – 12.00%

FAQs About Gold Loan

  • What is IIFL Gold Loan?

IIFL Gold Loan is a loan scheme where you can access for any emergency financial help by keeping your gold as a guarantee with the bank. It comes with appealing interest rates on Term Loan, Overdraft and EMI based loan. Average Gold Loan disbursal time is just 45 minutes.

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

You can get IIFL Gold Loan by being to any nearby Gold Loan offering branch. Even you can access Gold Loan online with BookMyLoan from wherever you are and get the best deals and offers.

  •    What is Gold Loan Interest Rate in IIFL?

The Gold Loan interest rate in IIFL is 7.0% per annum. The rate of interest depends on several measures namely: loan amount, loan tenure, purity of gold etc.

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

The amount of per gram Gold Loan completely depends on the purity and quality of the gold. IIFL considers gold purity within 18 to 22 carats to provide a Gold Loan. You can avail up to Rs. 5,268 per gram in IIFL Gold Loan.

  •    How to check Gold Loan status in IIFL?

To verify the status of  IIFL Gold Loan you can visit IIFL Loan Tracker. Fill up your details in the presented form. This can simply help you to track the status of your loan from anyplace at any time and keeps you updated.

  •    How to calculate Gold Loan Interest in IIFL?

IIFL Gold Loan interest can be estimated using BookMyLoan’s EMI Calculator. It provides you with the specific details based on the information the applicant enters in the calculator.

  •    How to Pay IIFL Gold Loan Interest Online?

IIFL Gold Loan interest can be repaid through net banking on the official IIFL loan repayment web page or alternatively. Another method that can be used is Paytm to repay IIFL Gold Loan or your preferred payment method.

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

If the interest is not refunded back for 3 months, then originally a warning is given for your pending dues. After this, if the payment requests go overlooked or unheard then an official legal notice is sent, that demands the payment and closure of the loan. Such faults on your Gold Loan ends up in a decrease of your credit score and also make you accountable to face legal actions by the bank which may include confiscation and auction of your gold.

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

You can apply for EMI Moratorium on IIFLGold Loan between 1st March and 31st August 2020. You can get it done by communicating the Bank Customer Care or visiting the nearby IIFL branch.