Gold Loans offered by IIFL Finance Limited India
Features of IIFL Gold Loans:
- Loan amount from ₹10,000 to ₹1 crore
- Attractive interest rates
- Flexible repayment options
- Quick processing and disbursal
- No hidden charges
Eligibility Criteria:
- Minimum age of 18 years
- Ownership of gold ornaments
- Resident of India
Documents Required:
- Identity proof
- Address proof
- Proof of ownership of gold ornaments
- Recent passport size photographs
How to Apply:
Visit the nearest IIFL Finance Limited branch or apply online through their website.
Contact Information:
For more details, you can contact IIFL Finance Limited at:
Phone: 1800 3000 1155
Email: customercare@iifl.com
Frequently Asked Questions about IIFL Finance Limited Gold Loans
1. What documents are required to apply for a gold loan?
Usually, you will need to provide proof of identity and address, along with the gold ornaments that you want to pledge as collateral.
2. How much loan amount can I get against my gold?
The loan amount will depend on the weight and purity of the gold ornaments you pledge. You can get up to a certain percentage of the gold's market value as a loan.
3. What is the repayment tenure for gold loans from IIFL Finance Limited?
The repayment tenure for gold loans can vary, but typically it ranges from a few months to a few years.
4. Can I renew or extend my gold loan if I am unable to repay it on time?
Yes, you can usually renew or extend your gold loan by paying the interest amount due at the time of maturity.
5. What happens if I default on my gold loan repayment?
If you default on your gold loan repayment, the lender has the right to auction off the gold ornaments you pledged as collateral to recover the loan amount.
