ICICI Bank Gold Loan: Features, Interest Rate, Eligibility & Apply

If you are looking for a gold loan option with a strong track record, ICICI Bank may be the right bank for you. is available to customers who have gold coins or ornaments to pledge. Gold loans have been a popular way for people who have not been able to save any money to get around their financial difficulties. ICICI Bank’s gold loan benefits, eligibility, and process are detailed in this article. To learn more about what the bank offers its customers or to find out if you qualify, check out the full article.

ICICI Bank Gold Loan Highlights

Interest Rate10% p.a. onwards
Loan AmountRs.50,000 to Rs.1 crore
Repayment Tenure3 to 12 months
Processing Fee1.0% of the loan amount
ICICI Bank Gold Loan

What is a Gold Loan?

A gold loan is a type of loan where the borrower uses gold as collateral. This means that the lender trusts you to repay the loan with the gold that you pledged as collateral. Because a gold loan is a secured loan, it’s a good option for people who want to borrow money but don’t have good credit or who want to borrow money for a long-term project.

ICICI Bank Gold Loan

ICICI Bank offers Gold Loan at interest rates starting from 10% p.a. You can take a gold loan from the bank for a period ranging from 3 months to 12 months. The minimum loan amount is Rs 50,000, and the maximum loan amount is Rs 1 crore. The money can be used to finance your business, the education of children or medical emergencies and pay down the car or property purchase and much more.

ICICI Bank Gold Loan Interest Rate

ICICI Bank offers a gold loan at a very attractive interest rate of 10% per annum. The loan is available to individuals and businesses, and the minimum term is one year. Interest is payable quarterly, and the repayment can be made in either rupees or gold. You get the best interest rate from ICICI Banks, as well as a low loan amount with no hidden fees and charges.

Read Also – Why You Should Apply For Indian Overseas Bank Gold Loan

ICICI Bank Gold Loan EMI Calculator

Looking to take a loan for gold but don’t know how much EMIs you will be paying? Look no further! The ICICI Bank Gold Loan EMI calculator can help you figure out the amount of EMIs you will be paying on your gold loan. Simply enter the details of your loan and we will generate an estimate for the EMIs that you will be required to pay.

ICICI Bank Gold Loan Eligibility Criteria

ICICI Bank offers a gold loan for those who are eligible. Here are the eligibility criteria:

  • You can take out a gold loan if you are an individual.
  • You must be a citizen of India.
  • Applicant should be between 18 to 70 years
  • You must have gold coins and ornaments to pledge.

ICICI Bank Gold Loan Documents Required

The documents required to apply for a gold loan at ICICI Bank are as follows:

  • Proof of identity such as an Adhar card, valid passport or driving licence.
  • Proof of address such as utility bills or rent agreement.
  • Proof of purchase of gold.
  • Evidence of weight and purity of gold (a verification certificate from a registered jeweller).

ICICI Bank Gold Loan Features & Benefits

If you are looking for a safe and reliable way to borrow money, then a gold loan may be the best option for you. With ICICI Bank Gold Loans, you can get access to high-quality financing that is backed by gold. This means that your loan will be repaid in full and with interest, no matter what happens to the value of gold. There are many benefits to choosing a gold loan, including:

  • Low interest rates: ICICI bank offer a gold loan with an interest rate of just 10%. This means that you will be able to save a lot of money on your investment over the long term.
  • Fast processing times: If you are looking to get a gold loan fast, then look no further than ICICI Bank. Their gold loans have processing times that are much faster than the competition. In most cases, you can expect to receive your loan within 24 hours.
  • Easy online application process: ICICI Bank offers a range of easy online applications for gold loans. You can apply for a loan online, through the bank’s mobile banking app, or through its website. This application process is easy and only takes a few minutes to fill out.
  • No credit score check required: If you are looking for a way to get a quick loan but don’t have a credit score, look no further than ICICI Bank’s gold loan. This loan is available without a credit score check and the interest rate is very low.

How to apply for a gold loan from ICICI Bank

Once you meet these eligibility requirements, the process of applying for a gold loan from ICICI Bank is fairly simple. Here are the steps you need to take:

  1. Log into your online banking account at icicibank.com and click on the “ Loans & Credit” tab.
  2. On the “Loan Options” page, select the “Gold Loan” option and fill out the required information.
  3. Now click on the “Apply Now” button to submit your application form.
  4. Once your application has been submitted, ICICI Bank will review your information and decide whether or not you are eligible for a gold loan.

ICICI Bank Gold Loan Customer Care Number

If you are an ICICI Bank customer and you have taken or want to take a Gold Loan, then do not worry. The bank has a dedicated team that is available 24/7 to assist you with any issue you may have. If you have questions about Gold Loan or your account, they will be more than happy to help you. They also provide many services like real-time alerts, account alerts and mobile banking. If you ever find yourself in a difficult situation, don’t hesitate to get in touch with the ICICI Bank Gold Loan customer care team.

  • Give a Missed Call on 84448 84448
  • Chennai: 044 33667777
  • Kolkata: 033 33667777
  • Mumbai: 022 33667777
  • Delhi: 011 33667777


If you’re in the market for a short-term loan, then ICICI Bank’s Gold Loan could be a great option for you. This loan comes with lower interest rates and shorter repayment periods, making it an ideal choice if you need money quickly. Plus, since this is a bank loan, you can rest assured that your money will be safe and secure.

Read Also – Bank of Maharashtra Home Loan

FAQs About ICICI Bank Gold Loan

Q. What is the interest rate on the ICICI Bank Gold Loan Scheme?

Ans. The interest rate on the ICICI Bank Gold Loan Scheme is 10% per annum. 

Q. How long does it take to receive the loan?

Ans. The loan is processed within three working days of your application being received by ICICI Bank

Q. Will there be any penalty if I repay the loan early?

Ans. There are no fees or penalties for agreeing to repay the loan early. However, repaying the loan early will reduce the amount of interest that you would have earned on the loan over time

Q. What form of collateral do I need to provide?

Ans. You need to provide a physical gold bar, coin or jwellery.

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Hey, I'm Digvijay Sharma. I've much experience in the financial sector so, I created this website to share the best knowledge with you as a LoanTeacher so you can take better decisions for your financial life.

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