ICICI Bank Gold Loan

ICICI Bank offers gold loans at an interest rate of 9% per annum for loan amounts up to ₹2 crore and for periods of 6 months and 1 year. Individuals can access an ICICI gold loan by offering their gold jewelry or 24-carat gold coins issued by various banks in India as collateral. The bank also provides an ICICI Gold Loan Top-Up Facility for existing gold loan customers without requiring additional collateral.

Table of Contents:

• ⇾ Highlights of ICICI Bank Gold Loan
• ⇾ ICICI Bank Gold Loan Interest Rates & Charges
• ⇾ Features and Benefits of ICICI Bank Gold Loan
• ⇾ ICICI Bank Gold Loan Interest Rates Vs Other Banks
• ⇾ Eligibility Criteria For ICICI Bank Gold Loan
• ⇾ Documents Required For ICICI Bank Gold Loan
• ⇾ Steps to Apply For ICICI Bank Gold Loan
• ⇾ ICICI Bank Gold Loan Calculator
• ⇾ ICICI Gold Loan Top-up
• ⇾ Frequently Asked Questions

Highlights of ICICI Bank Gold Loan

Here is an overview of the ICICI Bank Gold Loan:

ICICI Bank Gold Loan Interest Rates & Charges

The table below gives the interest rates and other charges of ICICI Bank Gold Loan.

Other Charges for ICICI Gold Loan

Features & Benefits of ICICI Bank Gold Loan

ICICI Bank offers a comprehensive gold loan service with flexible options, quick processing, and transparent terms, ensuring your financial needs are met with ease and security.

• Flexible Repayment Options: Select between 6 or 12-month repayment plans tailored to the loan tenure.
• Instant Online Application: Easily and swiftly apply for a gold loan online.
• Quick Disbursal: Receive the loan amount promptly to meet financial needs.
• Safety of Your Gold Jewellery: Gold is safeguarded with top-tier security measures.
• No EMI: Settle the entire loan amount at the end of the term without monthly EMIs.
• Dedicated Gold Loan Team: A specialized team is available to assist at every step.
• Transparent Fees and Charges: All fees are clearly outlined upfront with no hidden costs.
• Competitive Interest Rates: Benefit from competitive interest rates starting at just 9% to make the Gold Loan more affordable.
• Generous Loan Amount: ICICI Bank offers Gold Loans up to ₹2 crore online, providing a variety of options to meet financial requirements.

ICICI Bank Gold Loan Interest Rates Vs. Other Banks

The table below shows the gold loan interest rates of ICICI Bank in comparison to other banks.

ICICI Bank Gold Loan Eligibility Criteria

When applying for an ICICI Bank gold loan, please consider the following eligibility criteria:

• Age: Applicants must fall within the age range of 18 to 70 years.
• Purity: Ensure that the gold you offer has a purity level of over 18 karats.

Please note that while proof of income is not required for an ICICI Bank gold loan, you may need to present a bank account statement demonstrating a steady income flow.

Documents Required for ICICI Bank Gold Loan

Here are the documents required for the ICICI bank gold loan:

• Provide two passport-size photographs.
• Submit one ID proof such as a Driving License, Passport Copy, Voter ID Card, Aadhaar Card, or Ration Card.
• Submit one Address proof such as a Driving License, Voter ID Card, Aadhaar Card, Passport Copy, or Job Card issued by NREGA.
• Present proof of land holding for Agriculture Loans exceeding ₹ 1 lakh.
• Provide supporting documents for Allied Agricultural Activity Loans over ₹ 5 lakh.

Steps to Apply for ICICI Bank Gold Loan

Getting a Gold Loan is now easier than ever—apply online in just 4 simple steps!

• Step 1:Click ‘Apply For Gold Loan’ to access the application form.
• Step 2: Enter your Full Name, and 10-digit Mobile Number, and verify with the OTP.
• Step 3: Agree to the terms by checking the box.
• Step 4: Click ‘Apply Now’ to submit your application.

ICICI Bank Gold Loan Calculator

The ICICI Bank Gold Loan Calculator is a user-friendly tool designed to help you quickly estimate your loan eligibility and repayment options based on the value of your gold.

Here are the steps to use the ICICI Bank Gold Loan Calculator:

• Select Tenure: Choose the loan tenure by selecting either the 6-month or 12-month option.
• Set Gold Carat Value: Use the slider to adjust the gold carat value between 18K and 24K.
• Enter Gold Weight: Adjust the slider to specify the total weight of your gold in grams.
• View Eligible Loan Amount: The calculator will automatically display the total eligible loan amount based on the inputs provided.
• Apply for Gold Loan: If satisfied with the loan amount, click the ‘Apply for Gold Loan’ button to proceed with your application.

ICICI Gold Loan Top-up

A Gold Loan Top-up is a service provided to current ICICI Bank clients who have an existing Gold Loan account with the bank. This service allows customers to access extra funds without having to provide additional security or collateral.Follow these simple steps to apply for your ICICI Gold Loan Top-up:

• Find Your Offer and Apply: Log in to the iMobile Pay app, navigate to the Loans section, and select ‘Gold Loan’. Check for top-up eligibility.
• Customize Your Loan Account: Adjust the loan details to suit your financial needs.
• Verify and authorize: Review the details and authorize the Top-up facility to complete your application.