IIFL Finance Gold Loan
A gold loan is a secured borrowing option where you pledge gold jewellery or ornaments as collateral to raise funds without having to sell the assets you own. It suits people who need money for short-term or unplanned needs such as medical bills, education costs, business working capital, agricultural expenses, or personal emergencies, and it is often chosen because the pledged gold is returned once the loan is repaid.
Because the borrowing is backed by physical gold, the process tends to involve limited paperwork and a straightforward evaluation of the ornaments. IIFL Finance, a non-banking financial company established in 1995 and headquartered in Mumbai, offers a gold loan built around convenience and transparency. Its version emphasises a standardised, karat-meter-based evaluation of the pledged gold, secure storage of ornaments in monitored vaults with insurance cover during the loan period, and a single branch visit for processing while later servicing can be handled online.
The company highlights flexible repayment structures, a top-up facility against existing pledges, and dedicated variants for women borrowers, agriculture, education, and small businesses. Approval and the final sanctioned amount depend on the evaluation of the gold and the applicant meeting eligibility and documentation requirements, and outcomes are not guaranteed. Borrowers should review the applicable terms before pledging.
Documents required
- Aadhaar Card
- Valid Passport
- PAN Card
- Valid Driving Licence
- Voter ID Card
As published by IIFL Finance. Your branch may ask for more.
Eligibility
Loan terms
- Standardised karat-meter-based evaluation of pledged gold
- Pledged ornaments stored in monitored vaults with insurance cover during the loan tenure
- Single branch visit for processing, with later servicing available online
- Top-up facility to borrow further against an existing pledge
- Dedicated variants for women, agriculture, education, and MSME borrowers
Fees & charges
FAQ
Up to 75% of the assessed gold value — the RBI loan-to-value cap. The rate depends on the lender and scheme, not your credit score.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.