ICICI Bank offers loan against gold jewellery at attractive interest rates and with minimal documentation. The amount can be used to fund your business, education of your children, medical emergency, make down payment for purchase of property or automobile and more. Read more to know about ICICI Gold loan interest rate, loan amount, tenure and applicable fees and charges.
Key Highlights of ICICI Gold Loan
|Eligible Age of Applicant||18 to 70 years|
|ICICI Bank Gold Loan Interest Rate||10% p.a. onwards|
|Minimum Loan Amount||Rs.10,000|
|Maximum Loan Amount||Rs.1 crore|
|Loan Tenure||3 months to 12 months|
|Collateral/Security||Gold Jewellery or 24 carat gold coins* issued by banks only (operating in India) with 99.99% purity|
|Processing Fee||1.0% of the loan amount|
|Repayment Options||Cash, Cheque, DD or Funds Transfer|
*The weight of the gold coin(s) cannot exceed 50 grams per customer as per RBI policy.