Interest Rates & Loan Details

• Interest Rates: Starting from 9.25% per annum, varying by scheme.
• Loan Amount:
  • Minimum: ₹50,000
  • Maximum: Up to ₹2 crore, depending on the scheme.
• Loan Tenure: 6 to 12 months.
• Processing Fee: Up to 2% of the loan amount.
• Pre-closure Charges: Varies; up to 2% if closed within 30 days.
• Loan-to-Value (LTV) Ratio: Based on gold purity and weight, up to ₹2 crore.

Eligibility Criteria

• Age: 18 to 85 years.
• Ownership: Must own gold ornaments or 24-carat gold coins (up to 50 grams).

Documents Required

• Identity Proof: Aadhaar Card, PAN Card, Passport, Voter ID, or Driver’s License.
• Address Proof: Aadhaar Card, Passport, Voter ID, or Utility Bill.
• Photographs: Recent passport-sized photos.
• Proof of Land Holding: Required for agricultural loans above ₹1 lakh.

Repayment Options

• Bullet Repayment: Principal and interest payable at the end of the loan term.
• EMI Option: Equated Monthly Installments over the loan tenure.

Key Considerations Before Applying

• Gold Quality: Loans are based on purity and weight.
• Loan Terms: Review the loan agreement carefully before signing.
• Gold Security: Non-repayment may lead to auction of the pledged gold.

Benefits of ICICI Bank Gold Loan

• Quick Loan Approval: Fast processing and disbursal, often on the same day.
• Attractive Interest Rates: Competitive rates starting from 9.25% per annum.
• High Loan Value: Loan up to ₹2 crore based on the gold’s market value.
• Flexible Repayment: Options for bullet repayment or EMI.
• No Guarantor Required: The pledged gold itself serves as collateral.

Contact ICICI Bank

• Customer Care: Please visit the official website for contact details.
• Official Website: ICICI Bank

Disclaimer: The above information is subject to change. For the latest updates, please refer to the official ICICI Bank website or contact your nearest branch.