We know your gold is worth a thousand sentiments and opportunities. Presenting IndusInd Bank Gold Loans - Smart way to fund your dreams.
Click here to download application form.
Click here for terms and conditions.
Click here to download Loan Agreement.
Any person who owns Gold, and is between 21 and 70 years can avail a Gold Loan for their Personal use or Business use. We have launched Gold Loans in select cities and plan to offer it in more locations, in the next few months.
Please see the List of locations where IndusInd Bank Gold Loans is available currently.
You can apply for a Gold Loan online. Please click on the Apply Now button on this page, fill in your details and submit. We will get back to you for further processing. Alternately, you can visit the nearest branch.
Note The Bank may seek additional documents for sanction of loan facility, where necessary.
Whatever be your need, Gold Loan can serve as a smart loan solution to meet it. Experience it and enjoy the following benefits:
Swift loan - Our loan sanction and disbursal is one of the quickest with Simple documentation.
Transparency – All costs and charges are communicated up front while providing the loan quotation to help you make the best choice for you.
Interactive process – Our Bank officials will assist you at the branch during the processing of the Gold Loans and guide you through the different product offerings, enabling you to make the best choice for you.
IndusInd Bank Gold Loans is a smart way to fund your dreams by unlocking the value of gold in your possession.
Loan Amount: You can get a loan upto INR 10,00,000
Immediate Loan: Gold Loan is the quickest possible form of loan to meet any immediate requirement you may have.
Security: Assurance of the security of your gold. The gold is sealed in your presence and vaulted in the safe keeping of the bank
Additionally, if you are an IndusInd Bank customer, you get easier repayment options and lesser documentation, making the loan process simpler for you.
Gold Loan can be used for any legitimate personal purpose or business purpose. The loan cannot be used for speculative purpose such as purchase of land or gold, capital market investments or any anti-social purpose.
The list of all the fees and charges to be paid for the loan:
|Nature of Charge||Amount to be paid|
|Processing Fee||Upto 1% of loan amount subject to a minimum of INR 750.|
|Valuation Fee||INR 300 for loan upto INR 2 lakh and INR 500 for loan over and above INR 2 lakh|
|Charges for late payment of loan amount||24% p.a. as penal interest over and above applicable rate of interest|
|Stamp duty and other statutory charges||As per Applicable laws of the State|
|Credit assessment charges||Not Applicable|
|Non-standard repayment charges||Not Applicable|
|Outstation clearing charges||Not Applicable|
|Cheque swapping charges||Not Applicable|
|Loan cancellation / re-booking charges||Not Applicable|
|Bounce Cheque Charges||Not Applicable|
|Renewal Processing Fees||Upto INR 550|
|Prepayment/Partpayment charges||Upto 1% of outstanding amount|
*Taxes and other charges on Gold loan shall be as applicable as per regulation and statutes
Click here to know more about Sechedule of Charges of Gold Loan
Simply walk into any of our branches, in the select cities where we offer Gold Loans. Click here for list of locations where Gold Loan is available.
|Interest Rate Range of Gold Loans for Q4 2019-20:|
|Gold Loan Annual Percentage Rate (APR) for FY 2019-20|
|Processing Fee - 1%|
|Valuation Charges -
for loan amount up to 2 lacs :Rs.500/-
for loan amount greater than 2 Lacs :Rs.750/-
My husband and I wanted to open our own restaurant but didn’t have enough money. We chose to apply for a gold loan at IndusInd Bank. We got a gold loan easily against my gold jewellery with attractive and easy repayment options. Today we have a flourishing business. Thank you, IndusInd Bank.
Reviewer: Sudeshna Mukherjee, Kolkata, July 02, 2018
Getting such a good amount of money against the gold was a surprise. Further, being a woman, I got additional discounts on my gold loan application. Kudos to IndusInd Bank for making the whole process so hassle free and customer friendly. I recommend IndusInd Bank to all.
Reviewer: Mitali Kashyap, Lucknow, June 30, 2018
A friend advised me to apply for a gold loan at IndusInd Bank. The customer service executives were of a big help and within a single day, my gold loan application was approved. With minimum documentation and without any useless delays, I quickly received the money against my gold.
Reviewer: Rohan Pandey, Delhi, June 28, 2018
I needed money immediately for my father’s surgery. A relative suggested that I apply for a gold loan. I opted for IndusInd Bank’s gold loans. The interest rate charged was acceptable, and the whole process was smooth. I was quickly granted a loan.
Reviewer: Amritha Sheshadri, Bangalore, June 24, 2018
I wanted to start my own business but lacked money for initial investment. I came across IndusInd Bank’s gold loans and was amazed at their hassle free procedure. I was confidend that my gold was in safe hands, and there were no hidden charges. I got the perfect value for my gold.
Reviewer: Jaikish Mudiraj, Hyderabad, June 22, 2018
Getting a gold loan from IndusInd Bank was very easy and quick. Since I was already an IndusInd Bank customer, my application needed fewer documents and I got better repayment options. The bank executives also explained everything to me before I signed the loan documents. Thank you, IndusInd Bank for such great service.
Compared to the other banking institutions, IndusInd Bank offers Gold Loans at a decent rate of interest and this is a boon for an average person in possession of gold which has historical but not monetary value
It is quite unimaginable to get a gold loan up to 10 lakhs especially when the rate of interest keeps fluctuating every other day. But thanks to IndusInd Bank, it makes the unimaginable possible.
Thanks to IndusInd Bank's Gold Loan, the smart solution meets the requirement of an average income group householder. All the costs and charges are communicated beforehand, and the customer goes home satisfied as there are no hidden charges and the officials of the bank guide the customer at each and every step, enabling the receiver to make the best choice.
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