Please Note: ICICI Bank is not a Paisabazaar partner. Offers would be from partner banks/NBFCs only.
ICICI Bank offers loan against gold or gold jewellery/ornaments at an interest rate of 11% onwards per annum 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.
ICICI Bank Gold Loan – Interest Rate & Features – 2021
|Eligible Age of Applicant||18 to 70 years|
|ICICI Bank Gold Loan Interest Rate||11% 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|
Note: The above mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the bank and RBI. GST and service tax shall be levied extra on the mentioned charges.
*The weight of the gold coin(s) cannot exceed 50 grams per customer as per RBI policy.
Read more about: Eligibility & Documentation | Fees & Charges | How to Apply | FAQs