ICICI Bank Gold Loan

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An individual in India can easily get the Gold Loan from ICICI Bank if he/she she has asset in the form of gold and one of the benefit of gold loan is that our gold remains safe in bank. From this bank one can get minimum Ten Thousand and maximum Fifteen Lakh rupees as loan. Process of documentation is simple.

ICICI Bank Gold Loan Details Updated on 13th December 2018

Loan Amount

Rs. 10 thousand to Rs. 15 lakhs

Loan Tenure

1 Years

Interest Rate

10.00% to 16.10%

At our website, you can also access ICICI bank Loan EMI calculator and know ICICI Bank gold loan eligibility and gold loans interest rates in ICICI bank for free. Loanbaba.com provides all the information about ICICI Bank Gold Loan.

Why Choose ICICI Bank Gold loan?

ICICI Bank has attractive offer on gold loan. It charges nominal rate of interest. The loan amount can be used for desirable purpose. Loan tenure is flexible and one can get maximum amount as per the gold weight. The procedure for loan sanctioning is transparent and the bank has helped several customers fulfil their financial needs with loan against gold.

Features of ICICI Bank Gold Loan

  1. Below mentioned financial requirement can be fulfilled with ICICI Gold Loan:-
    • Down payment for purchase of vehicle/property
    • Medical emergency
    • Working capital requirement /Business expansion
    • Agricultural need
    • Education
    • Family vacation
  2. Eligibility for Loan on Gold from ICICI Bank

Applicant for gold loan online should be from 18 years of age till 70 years. Individual have to prove that he or she is earning enough to pay back the loan amount. Bank requires gold as security.

Why Apply for ICICI Gold Loan?

Loanbaba provides comprehensive information about gold loans online by ICICI Bank. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for Loan against gold online on the bank's official website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

ICICI Bank Gold Loan Interest Rates

Interest rate of Gold Loan in ICICI Bank

Rate of interest for loan against gold depends on the current rate set by bank and product variant.

Minimum

Maximum

Mean

Penal Interest

10%

16.50%

13.50%

6%

Agricultural loans (up to Rs. 25,000 per customer) are different from penal interest.

ICICI Bank Gold Loan Eligibility Calculator

Gold loan eligibility may differ from one candidate to another. You can also use free-of-cost ICICI Bank gold loan eligibility calculator at Loanbaba.com

Types of ICICI Bank Gold loans

ICICI Bank has gold loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.

ICICI Bank Gold loan FAQs

Below provided are important questions about gold loan ICICI Bank

  • addFAQs
    1. What are the Documents Required for ICICI Gold Loan?
      • 2 Passport size photographs
      • ID Proof(any 1):- / Form 60/61 PAN Card / Driving License/ Aadhaar Card / Voter ID Card / Passport Copy/ Ration Card
      • Address Proof (any 1):- Registered lease agreement /Voter ID Card / Driving License / Ration Card /Aadhaar Card/ Passport Copy. Applicant has to submit utility bill which should on the name of landlord and must not be older than three months.
      • If applicant need agricultural loan above one lakh rupees then he need to submit his landholding document.
    2. What are the Fees and Charges for ICICI Bank Gold Loan

    Gold Loan Features & Particulars

    1 year product

    6 months product

    Prepayment Fees

    One percent of Principal Outstanding

    One percent of Principal Outstanding

    Processing Fees

    1% of loan amount

    1% of loan amount

    Documentation Charges

    Rs.199/-

    NIL

    Fees for Renewal

    For loans:

    • More than One lakh – up to Two Lakh - 350Rs.
    • Up to One Lakh – 250Rs.
    • More than Two Lakh – 500Rs.

    Other statutory & Stamp Duty charges

    According to appropriate laws of State

ICICI Bank Gold Loan Review


Gold Loan
star star star star star 15.0/5
I have a Gold Loan with ICICI Bank. The loan disbursement was on time and document procedure was quick. I would say it was a satisfactory experience.
Mumbai December 12, 2018
Gold Loan
star star star star star 14.0/5
I stand by with ICICI Bank for the Gold Loan in Mumbai. My experience was nice. Verification process was also done in time and I received the amount within a short time.
Mumbai December 12, 2018
Gold Loan
star star star star star 15.0/5
Gold Loan in Pune was approved by ICICI bank at a great interest rate! I was able to secure the loan for a desirable tenure.
Mumbai December 11, 2018
Gold Loan
star star star star star 15.0/5
Recently ICICI bank approved my Gold Loan. They gave a good response and all terms and conditions were suited to my needs.
Mumbai December 11, 2018

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