hdfc gold loan

IndusInd Bank Gold Loan

Unlock the Real Value of your Gold
Lowest Rate of Interest
Get Money in 30 Mins
Loan Amount Up to 1 Crore
Loan Tenure Up to 48 Months
Unbiased Experts Advice

IndusInd Bank Gold Loan Key Features

Loan Amount Up to Rs. 1 Crore (With Income Proof)
IndusInd Bank Gold Loan Interest Rate 7.0 % per annum
IndusInd Bank Gold Loan Rate Per Gram The rate Per Gram is ₹ 5121
Processing Fee 1% or ₹1000 whichever is higher
Prepayment Charges 0-2%
Repayment Tenure Up to 36 months
Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of IndusInd Bank Gold Loan

  • IndusInd Bank Gold Loan is very easy to apply. You can apply for the Gold Loan Online within a few minutes.
  • If you are eligible, your loan gets approved within 5 minutes.
  • If you have complete documents, it can be disbursed very quickly.
  • The bank is fully responsible for the safety of your gold ornaments. Gold assets will be kept under very tight security.
  • The interest rates provided by the bank are very affordable.
  • The documentation process is very less as well as simple. Bank only asks for essential documents of yours.
  • Bank will not ask the reason for the gold loan. You can use this loan amount anywhere you want.

How Much Gold Loan Can I Get Through IndusInd Bank Gold Loan?

Going by the latest gold prices, IndusInd Bank is offering gold loans per gram is Rs.5121. The highest IndusInd Bank gold loan rate per gram today is ₹ 5,121 for 24-carat jewelry calculated at a maximum LTV of 75% and average gold loan prices of the last 30 days in 2020 are ₹ 5,121 of 22 carats.

IndusInd Bank Gold Loan Per Gram

Updated - Gold Loan Per Gram Rate w.e.f 1 Nov 2020

Gold Weight Gold Purity
24 Carat
Gold Purity
22 Carat
Gold Purity
20 Carat
Gold Purity
18 Carat
1 gram 4680 4290 3900 3510
10 gram 46800 42900 39000 35100
20 gram 93600 85800 78000 70200
30 gram 140400 128700 117000 105300
40 gram 187200 171600 156000 140400
50 gram 234000 214500 195000 175500
100 gram 468000 429000 390000 351000
200 gram 936000 858000 780000 702000
300 gram 1404000 1287000 1170000 1053000
400 gram 1872000 1716000 1560000 1404000
500 gram 2340000 2145000 1950000 1755000

IndusInd Bank Gold LoanAbout IndusInd Bank Gold Loan

IndusInd Bank Limited is a financial organization having its headquarters in Mumbai, Maharashtra, India. The founder of Induslnd bank is Manmohan Singh inaugurated S.P Hinduja in 1994. The bank offers considerable services to the customer like a commercial, transactional, and electronic banking products, and services. Induslnd Bank provides Gold Loan to its customers with the low-interest rate when you apply through Dialabank.

  • IndusInd Gold Loan Interest Rate is 7.0% per annum
  • IndusInd Gold Loan Per Gram Rate is ₹ 5,121
  • IndusInd Gold Loan Tenure: Up to 36 months
  • IndusInd Gold Loan Processing Fee is Up to 1.0% of the Loan Amount or Rs 1000(Which one is higher) + GST

Induslnd Bank Gold Loan Eligibility 

Gold Loan is a commercial good provided by the IndusInd Bank, which provides supplies for the short term or long term. It is comfortable to avail of financial services rendered by banks at low prices of interest and also needs minimum documentation. IndusInd Bank provides you with the Loan amount within an hour of administration. The appraisal and endorsement method is instantly done, keeping in memory your seriousness regarding the need for reserves.

Major Eligibility criteria for availing the IndusInd Bank Gold Loan is: 

Age 18-75 years of age
Nationality Indian
Employment Status Salaried, Self-Employed
Gold Quality Minimum 18 Carats

Induslnd Bank Gold Loan Documents Required

Gold Loan or Loan Against Gold is a loan product offered to the borrowers by the IndusInd Bank wherein funds are provided for fulfilling the financial needs of the applicant. The gold ornaments of the applicant are kept as security by the bank in exchange for the funds. The entire IndusInd Bank Gold Loan process is hassle-free and easy to get with minimal documentation. The bank ensures the high security of your gold ornaments till the loan is closed.

Documents required for Applying for IndusInd Bank Gold Loan are :

A duly filled and signed Gold Loan application form shall be submitted along with the following documents:

Photographs 2 Passport Size
Identity Proof Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)
Residence Proof Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House, then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)
Agricultural Land Proof Required only if the Loan is taken for Agricultural Purpose


IndusInd Bank Gold Loan Interest Rate, Fees and Charges

IndusInd Bank Gold Loan can fulfil all your urgent short term and long term monetary requirements. The rate of interest that you will be charged with depends on the total loan amount as well as the quality/purity of the gold you are to keep as security with the bank. Gold Loan interest rates offered by the IndusInd Bank are lower in comparison to other loans because it is a fully secured loan.

IndusInd Bank Gold Loan Interest Rate 7.0% per annum
Processing Fee
1.0% of the Principal Loan Amount
Prepayment/Foreclosure Charges
2%+GST (Within 3 Months), 0 (After 3 months)
Valuation Fee
Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs
Late Repayment Charges
2% p.a. + Applicable rate of interest.
Renewal Processing Fees
Rs 350 + GST

Gold Loan Apply Online

You can also apply with Dialabank by following the below-mentioned steps to get a Gold Loan as per your need.

  • Inflict Dialabank’s digital program, where you will have to fill a form without any booking.
  • Our Contact Director will reach you and help you ultimately in the Gold Loan process and escort you in meeting your business requirements.
  • You will get personalized help, allowing you to associate and get the most suitable arrangement according to your specifications without any extra charges.
  • With Dialabank, you can connect the various offers and plans from multiple banks based on funding and the rate of interest charged for determining the best loan deal for yourself.

IndusInd Bank Gold Loan EMI Calculator

Rate of Interest 6 months 1 Yr 2 Yrs 3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466

gold loan at 7%

How to Pay Your IndusInd Bank Gold Loan EMI?

Your IndusInd Bank gold advance can be reimbursed in the following three different ways.

  1. Standing Instruction (SI): If a person is a current record resident with IndusInd Bank, Standing Instruction is the most reliable method of reparation. Your EMI sum will be credited automatically toward the end of the month to month cycle from the IndusInd Bank account you register.
  2. Electronic Clearing Service (ECS): This method can be used if you have a non-IndusInd Bank account and might need your EMIs to be loaded consequently toward the end of the month to month cycle from this account.
  3. Post-Dated Checks (PDC): You can offer post-dated EMI checks from a non-IndusInd Bank account at your nearest IndusInd Bank Loan Center. A new version of PDCs should be submitted on time. It will be excellent if you note Post Dated Checks will be handled non-ECS states as it were.

Gold Ornaments Accepted by IndusInd Bank

  1. All jewelry of 18 karats to 22 karats is acceptable.
  2. Gold coins weighing less than 50 grams in total can be used to get a gold loan.
  3. IndusInd Bank does not accept minted gold coins.
  4. Bars and bricks are not accepted.
  5. Besides that, raw gold is not accepted.

Uses of IndusInd Bank Gold Loan 

The funds received by availing the IndusInd Bank Gold Loan service can be done for various objects such as:

  • To support personal investments such as a union, riding, installment of more significant tuition fees, etc.
  • For all your marketing needs, such as purchasing raw matter, enlargement of company, etc.
  • You can also avail of a Gold Loan for farming purposes. The bank gives lower rates of interest for Gold Loans that are utilized for agriculture or connected projects.

FAQs About IndusInd Gold Loan

What is IndusInd Bank Gold Loan?

IndusInd Bank Gold Loan can be availed by anyone between the age of 21-70 years with possession of gold. The bank provides loans at interest rates starting from 7.0% per annum with tenure of up to 36 months. You can apply online or walk into the branch carrying your gold. The loan amount of up to Rs 10 lacs can be availed and can be used for any personal or business purpose. The bank provides additional discounts for women borrowers and agriculture.

How can I get a Gold Loan?

You can get a Gold Loan through a simple and hassle-free process by applying online at Dialabank.

How much Gold Loan can I get per gram in IndusInd Bank?

The rate per gram for Gold Loan is ₹5,121 for IndusInd Bank.

What is the Gold Loan interest rate in IndusInd Bank?

IndusInd Bank offers Gold Loans at interest rates starting from 7.0% per annum.

 How to calculate Gold Loan Interest in IndusInd Bank?

You can easily calculate the gold loan interest rate for IndusInd Bank by subtracting the principal amount from the total sum to be paid. Use the EMI Calculator to check your total payable amount.

What is the maximum loan amount I can avail on Gold Loan from IndusInd Bank?

You can get a maximum amount of Rs 1 crore on an IndusInd Bank Gold Loan as the bank offers around 75% of the gold ornaments’ market value.

What is the loan tenure of IndusInd Bank Gold Loan?

The maximum tenure of your IndusInd Bank Gold Loan is up to 36 months.

  How much Processing Fee is applicable on IndusInd Bank Gold Loan?

A processing fee of up to 1% of the loan amount or ₹1000 whichever is higher is charged by IndusInd Bank.

How to renew IndusInd Bank Gold Loan online?

You may apply online on the IndusInd portal to renew your gold loan application after every 1 year.

What are the charges for Prepayment in IndusInd Bank Gold Loan?

IndusInd Bank charges 0-2% for prepayment of the gold loan.

How to pay IndusInd Bank Gold Loan online?

Payment of IndusInd Bank Gold Loan can be made using Standing Instruction or ECS payment system using your cards and other banking options available.

What if I can’t pay the interest on IndusInd Bank Gold Loan for three months?

If you do no make the repayment of your IndusInd Bank Gold Loan, the bank after warning you once may charge a penalty fee and may even sell your Gold pledged to recover the amount.

How can I apply for EMI Moratorium on IndusInd Bank Gold Loan?

You can apply for the IndusInd Bank Gold loan moratorium in two ways:

  • log in with your credentials on the bank’s portal.
  • Personally visiting the main branch nearest to you.

How to pay IndusInd Bank Gold loan through credit card?

To pay IndusInd Bank gold loan you cannot use a credit card as per RBI’s guidelines.

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