Unlock Your Gold Potential for investment

Take advantage of the value tied up in your gold by opting for an IIFL

Gold Loan


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Gold Loan Interest Rates and Charges

IIFL offers some of the most attractive gold loan interest rates in India, helping you to borrow more and pay less. We understand that our customers want to know exactly how much they'll be paying for their loans before they apply, so we strive to provide complete transparency when it comes to our gold loan charges. We've ensured that all relevant terms and conditions related to our gold loans are clearly outlined and easy to access.

Applicable Gold Loan Interest Rate and Charges

When it comes to our gold loan rates and charges, IIFL offers some of the most competitive interest rates in the market. Our applicable gold loan interest rate starts from 0.99% per month (as of date), giving you access to flexible repayment options that suit your financial situation.


    0.99% onward p.m.

    (11.88% - 27% p.a.)

  • Rates vary according to the loan amount and repayment frequency

    ₹0 onwards

  • Varies depending on scheme availed


  • Valuing an asset to reflect its current market rate


  • Auction Intimation Charges: ₹200

Calculation of Business Loan Interest Rate

IIFL offers an online Business Loan EMI Calculator that allows you to calculate your loan EMI before applying for a business loan or any other type of loan. You can access the online EMI calculator by providing basic loan details such as loan amount, repayment tenure, and interest rate. Once you enter these details, the calculator will automatically calculate the loan EMI. However, our experts will define the exact EMI at the time of loan approval.

Additional Charges

There are no additional charges or hidden costs associated with our gold loan services, so you can trust that the price you're quoted is the price you'll pay. We offer our customers a range of flexible repayment options to suit their individual needs, including weekly, monthly and quarterly installments. You can also choose to pre-pay your loan at any time without incurring a penalty fee.

For more information about IIFL's gold loan rates and charges, please contact us today. We would be happy to answer any questions you may have.

Calculation of Gold Loan Interest Rate

To determine the exact gold loan interest rate and charges you will be paying, we first calculate your total loan amount. This is done by multiplying the current market price of gold with the weight of gold pledged. The applicable rate of interest and other charges are then added to this amount to arrive at your final loan cost.

At IIFL, we make it easy for you to understand exactly what you'll be paying for your gold loan so that there are no surprises down the line. Our goal is always to provide our customers with a cost-effective solution that meets their financial needs.


What is the minimum gold loan I can get at IIFL?

At IIFL, you can avail a minimum gold loan of INR 3000 or the current market value of 1 gram of gold, whichever is higher. 

Is it mandatory to have a co-applicant when applying for an IIFL Loan Against Gold?

No, a co-applicant must not be approved for a gold loan from IIFL. You must provide all of the information for the gold loan as outlined by the business's terms and regulations to proceed with the registration.

Can I get a gold loan against gold coins?

No, you cannot get a gold loan against gold coins. 

How much can I expect for my gold from IIFL?

This depends on the ornaments' gold purity and the price of gold at that time. Visit the nearest IIFL Branch to make this payment. Simply type 'IIFL gold loan near me' into your favorite search engine to find our branch nearby. 

What is the maximum limit on the IIFL gold loan?

There isn’t any maximum limit on the IIFL gold loan. The amount can go as high as the value of the gold you bring in for collateral. 

Is my Gold jewelry/ornaments safe with IIFL?

We at IIFL are fully aware of the sentimental value that customers place on their jewels. For 24-hour surveillance at each of our branches, we have set up specialized safe rooms and CCTV cameras. The gold products pledged to us are entered into our systems, and each submission is stored away in tamper-proof packaging. 

How and when can I return the pledged gold jewelry/ornaments from IIFL?

We will return the gold you pledged with us once you repay the entire gold loan. If you don't repay the loan, IIFL will reluctantly put the loan up for auction. Periodic reminders for late interest payments will be sent to the borrowers, and at the end of the loan's term, a last Notice will be sent out before the auction. 

What is the minimum/maximum tenure of the gold loan from IIFL?

While the maximum tenure of the gold loan from IIFL is two years, the minimum tenure is one month. 

Who is eligible to avail of a Gold Loan from IIFL?

Anyone living in India who is older than 18 years old is eligible to apply for a gold loan. All you have to do is offer your gold items, 18 karat or higher, as collateral. 

What is the minimum gold loan amount at IIFL?

Your ability to borrow a minimal amount is determined by the worth of your gold and the market price at which it may be sold in the event of default. 

How long do I have to wait for my gold loan approval?

At IIFL, you won’t have to wait for more than a day to get your gold loan approval. Our experts will approve your loan within 24 hours while ensuring same-day disbursal. 

Do I need to pay prepayment fees for the IIFL gold loan?

No, you won’t have to pay any prepayment fine or charge for closing your gold loan with IIFL Finance. With 0% prepayment charges, IIFL makes foreclosure easier than ever. 

Do I need to give any collateral to get a gold loan? 

Apart from the gold item and the necessary documents, you don’t need anything else to apply for a gold loan from IIFL.

What are the benefits of taking a gold loan?

Getting a gold loan from IIFL brings you a range of benefits, including: 

  • Quick approval and disbursal
  • Tenure flexibility of up to 24 months
  • Attractive and reasonable interest rates
  • Safety of your mortgaged gold
  • Easy and simple paperwork.