Frequently Asked Questions on Gold Loan

Yes, the loan can be prepaid.

You can repay the loan by Cheque, DD or through Funds Transfer. The ornaments will be released on realisation of amount by ICICI Bank.

You can make part-payment, but the gold jewellery will be released only after the entire outstanding amount is repaid.

ICICI Bank Gold Loan comes to you at attractive interest rates starting from 9.25% per annum based on the prevalent market situation. The rates will however vary according to the product variants.

Please click any of the links below or type your query if you don’t see the right option.

• JIYO KHUL KE with ICICI Bank Gold Loan
• Features and Documentation
• Gold Loan Eligibility Calculator
• Interest Rate and Charges
• FAQS

You will be charged a penal Charge (as the case may be) at the rate of 5% per annum, over and above the normal rate of interest.

You can avail Gold Loan if you are an individual within the age group of 18 to 85 years

You can avail ICICI Bank Gold Loan against the security of 24 carat gold coins issued by banks only (operating in India) with 99.99% purity. The weight of the gold coin(s) cannot exceed 50 grams per customer as per RBI policy.

Disclaimer: The above details may undergo amendments as per rules and regulations of RBI from time to time.

Documents needed to avail gold loan are -

• 1. Two passport-size photographs
• 2. Identity proof with a photo. (Any of the following: Driving Licence/Passport/Voters’ ID Card/Aadhaar Card
• 3. Address proof (Any of the following: Driving Licence/Passport/Voters’ ID Card/Aadhaar Card/Job Card Issued by NREGA)
• 4. For direct agricultural activity, proof of land holding is required if the loan is above Rs 1 lakh.
• 5. For all allied agricultural activities, supporting documents are required if the loan is above Rs 2 lakh.

You may visit any ICICI Bank branch offering Gold Loans or submit your details in the ‘Call Me’ section for our Executive to contact you.

In compliance with the rule 9B of the Prevention of Money Laundering (Maintenance of Records) Rules, 2005, a customer agrees to intimate the Bank within a period of 30 days (from the date of update) in case of any update in KYC documents / information submitted at the time of establishment of a business relationship / account-based relationship and thereafter, to enable updation of Bank records. An update can be intimated to the Bank in writing and with relevant documentary proof by visiting any branch of ICICI Bank.