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  • ICICI Gold Loan is Rated as "Great!" by 17116 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    ICICI Gold Loan

    Don’t let opportunities slip through your fingers. When you have gold as an asset, you can easily avail a sizeable loan with the ICICI Bank Gold Loan, while your gold stays safe.

    All you financial needs can be met with the easy-to-avail ICICI Gold loan:

    • Business expansion/ working capital requirement
    • Education for children
    • Agricultural need
    • Down payment for buying property/ vehicle
    • Vacation with the family
    • Medical emergency

    Simply walk into any of the ICICI Bank branches which offer Gold Loan and avail your loan across the counter. The easy documentation and quick processing allows you to avail a loan before you know it.

    Apply for Personal Loan

    Features of ICICI Bank Gold Loan

    • Get loan instantly: You can instantly avail gold loan for amounts varying from Rs. 10,000 to Rs. 15 Lakhs. Simply walk into any of the ICICI Bank branches which offer Gold Loan with your jewellery to avail the loan.
    • Documentation: The documentation process is simple and you will be gaining from the most competitive rate per gram.
    • Interest rate: What’s more, the interest rate that the loan is offered at is one of the best available in the market.
    • Safety: Above all else, ICICI values the safety of your precious jewellery, which is why the experts at ICICI do everything to make sure that it is completely safe. The process is completely transparent and secure. First the expert value at the bank appraises the gold jewellery in the presence of the customer, seals the gold in a tamper proof pouch and places them in the bank’s secure vault. So when you leave your gold with ICICI, you will be leaving with complete peace of mind.

    ICICI Bank Gold Loan Eligibility

    Individuals between the ages of 18 and 70 years can apply for the gold loan. Applicant must prove to the bank that he/ she has the sufficient income required to repay the loan amount. As security, the applicant must provide security in the form of gold.

    ICICI Bank Gold Loan Interest Rates

    Your rates will vary according to the product variants.

    Minimum Maximum Mean Penal Interest
    10.0% 16.5% 13.5% 6%

    Penal interest is not applicable for agricultural loans up to ? 25,000 per customer.

    Documentation Required for ICICI Gold Loan

    • Passport size photographs (two)
    • Any one ID Proof such as PAN Card / Driving License/ Form 60/61 / Ration Card/ Voter ID Card / Passport Copy / Aadhaar Card.
    • Any one Address Proof such as Voter ID Card / Driving License / Ration Card / Passport Copy / Aadhaar Card / registered lease agreement. The customer is also required to submit utility bills in the name of landlord which is not older than 3 months old
    • In case of agriculture loan of more than Rs. 1 lakh, customer will need to provide proof of landholding

    ICICI Bank Gold Loan - Other Fees and Charges

    Particulars Twelve months product Six months product
    Prepayment Fees 1% of Principal Outstanding 1% of Principal Outstanding
    Processing Fees 1.0% of loan amount 1.0% of loan amount
    Documentation Charges ? 199 NA
    Renewal Fees

    For loans:

    • Upto ? 1 Lacs - ? 250
    • Greater than ? 1 lacs – upto ? 2 Lacs - ? 350

    Greater than ? 2 Lacs - ? 500

    Stamp Duty and other statutory charges As per Applicable laws of the State

    ICICI Bank Gold Loan FAQs

    1. What are the minimum and maximum loan amounts that I can avail with this loan?

      The minimum loan amount that you can avail is Rs. 10,000 and the maximum is Rs. 15 Lakhs.

    2. What are the documents that I need to submit?

      These are the documents which need to be submitted:

      • Passport size photographs (two)
      • Any one ID Proof such as PAN Card / Driving License/ Form 60/61 / Ration Card/ Voter ID Card / Passport Copy / Aadhaar Card.
      • Any one Address Proof such as Voter ID Card / Driving License / Ration Card / Passport Copy / Aadhaar Card / registered lease agreement. The customer is also required to submit utility bills in the name of landlord which is not older than 3 months old
      • In case of agriculture loan of more than Rs. 1 lakh, customer will need to provide proof of land holding
    3. In case my address changes (due to for example, a change in job location), will I need to contact the bank and let them know?

      Yes. ICICI Bank will have to be notified within 7 working days of you changing your address of residence/ business. The details must be given in writing to the bank.

    4. How is the interest on my account calculated?

      Interest is calculated as simple interest, which is fixed and is calculated on reducing balance basis.

    5. How can I repay the loan amount?

      You can repay the loan by Cheque, Cash, and DD or through Funds Transfer. The jewellery will be released when the bank receives the amount borrowed.

    ICICI Gold Loan Reviews

    • ICICI Bank Personal Loan
      "Not satisfied with the service"
      0.5 1.0/5 "Really Bad"
      The experience i had with this loan has been not that good. Their customer support had been good and their interest rate has been very high when compared with the market rate. There has not been a proper response from their side where they did not even followed up.
      Was this review helpful? 1
      , noida
      Reviewed on Oct 19, 2018
    • ICICI Bank Personal Loan
      "GOOD"
      0.5 3.0/5 "Satisfactory"
      The reason for taking the personal loan with ICICI BANK is that the rate of interest is lower than others. The amount is sufficient and also the rate of interest is for 11.75% approx. The service but the process is delayed to get loan. The processing fee is nominal.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 19, 2018
    • ICICI Bank Personal Loan
      "Excellent Service"
      0.5 4.0/5 "Great!"
      The experience in getting this loan had been simple and easy and the loan amount got disbursed in 24 hours since it was a pre approved loan. The loan amount has been satisfactory and the interest rate has also been quite nominal when compared with the market rate.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 18, 2018
    • ICICI Bank Personal Loan
      "Need to Understand Customer Need"
      0.5 1.5/5 "Bad"
      Not happy the way i was handled by ICICI Executives. The process of approval took more than two months and there were no proper follow ups. I was asked to sign two times on the same agreement. For documents collection no one came, i had to call them and i went by myself to handover the documents to the assigned Executive. I have applied for 4 laks and the sanctioned amount was only 1.5 laks and while asking they said i am applying for the first time thats why i am getting this amount. I am really not happy the kind of service i got from ICICI. They should understand Customers first and then act Accordingly.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 18, 2018
    • ICICI Bank Personal Loan
      "More clarity on the charges"
      0.5 3.0/5 "Satisfactory"
      It was a okay experience with ICICI Bank for the personal loan. The only thing is I have an account with them and they have still done a verification. The document process is okay. The loan was as needed. I was first told that the rate of interest is around 14.99%, but on the disbursement they said it is of 17.25% and if I still wanted 14.99%. I would have to pay 2k extra for insurance security which was not conveyed to me earlier.
      Was this review helpful? 0
      , mumbai
      Reviewed on Oct 18, 2018
    • ICICI Bank Personal Loan
      "Process can be more sooner"
      0.5 3.0/5 "Satisfactory"
      ICICI bank took long to provide the personal loan. I got the loan in two to three weeks. The loan amount was as needed. The rate of interest is around 14%. The processing charges was taken too. It was okay for me. It would be better if it is more sooner.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 18, 2018
    • ICICI Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan from ICICI bank, i am satisfied with my loan amount which they have provided to me and even they charge nominal rate of interest and even processing fee which they charge was normal, i did not found any difficulty in getting my loan approval it run very smoothly.
      Was this review helpful? 6
      , bangalore
      Reviewed on Oct 16, 2018
    • ICICI Bank Personal Loan
      "Best Financial Service"
      0.5 5.0/5 "Blown Away!"
      I have taken personal loan from Icici bank , Am satisfied with the rate of interest of 10.99% which is low where no other bank will give for such low interest with nominal processing fees. They instantly approved .Their customer executive used to call for the offers if any offers goes around.
      Was this review helpful? 6
      , coimbatore
      Reviewed on Oct 15, 2018
    • ICICI Bank Personal Loan
      "AVERAGE"
      0.5 3.0/5 "Satisfactory"
      I have been applied for the personal loan with the ICICI BANK personal loan and the process of getting the loan is quick and good. The customer support is not responsive added on that they are not responding properly. The loan amount was sufficient but the rate of interest is higher.
      Was this review helpful? 3
      , hyderabad
      Reviewed on Oct 15, 2018
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      To get a personal loan from them it has been smooth and easy and the loan amount which they had provided had fulfilled my requirements. There has been some nominal charges which had been made by them and the processing fee also had been nominal. Their customer support also had been responsive as well where they had been helpful during the process.
      Was this review helpful? 5
      , pune
      Reviewed on Oct 12, 2018
    • ICICI Bank Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      My experience was good with ICICI bank for personal loan, the loan amount was based on my requirement with nominal interest rate. I took this loan because i had a health issue. Customer service was good and they responded on time. The tenure period for this loan is 2 years.
      Was this review helpful? 2
      , bangalore
      Reviewed on Oct 11, 2018
    • ICICI Bank Personal Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      It was quite a good experience i had with this loan but the processing fee was a little high when compared, where they had taken 1500. There has also been some charges which had taken from my end. I had taken this loan almost to years and the loan amount has been sufficient and the interest rate has been nominal when compared with the current market rate.
      Was this review helpful? 3
      , hyderabad
      Reviewed on Oct 11, 2018
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I had taken this personal loan from them a long time back and the experience i had with them has been good. The loan amount which they had provided has been satisfactory and the interest rate has also been average and was not too high. There has been no additional charges which had been made by them so far.
      Was this review helpful? 3
      , hyderabad
      Reviewed on Oct 10, 2018
    • ICICI Bank Personal Loan
      "Good. Can do better in charges"
      0.5 5.0/5 "Blown Away!"
      The customer services at ICICI Bank is good. I have taken a personal loan and they are very flexible to swap the EMI date options. The process to get the loan is fine too. But there are charges of 4 to 5% for pre closure. The rate of interest is normal.
      Was this review helpful? 1
      , chennai
      Reviewed on Oct 09, 2018
    • ICICI Bank Personal Loan
      "BEST SERVICE"
      0.5 4.0/5 "Great!"
      I have taken my personal loan through ICICI BANK , the processing fee is 2500 and they charge for insurance 2500 which is too high compare to others . The rate of interest is 15.5% and i personally fee it is too high with ICICI BANK. Loan amount is satisfactory .
      Was this review helpful? 1
      , chennai
      Reviewed on Oct 08, 2018
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken my personal loan through ICICI BANK , the process of getting loan was too quick on time i got my loan . The tenure period was 3year and they charge nominal rate of interest with ICICI BANK . They gave sufficient loan with and no issue faced till date .
      Was this review helpful? 2
      , gurgaon
      Reviewed on Oct 08, 2018
    • ICICI Bank Personal Loan
      "AVERAGE"
      0.5 4.0/5 "Great!"
      I have taken my personal loan through ICICI BANK , the service is good with this bank only the thing is it was approved in 1 day but i got loan after 5 days so little slow in service apart from this loan amount they offered is 96000 and it is satisfactory . I cannot get connect to customer service . Processing fee is 3800 and it is too high .
      Was this review helpful? 1
      , bangalore
      Reviewed on Oct 08, 2018
    • ICICI Bank Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      I have take my personal loan with ICICI BANK ,initially they said 12.5% as interest rate but later they charge 15% so i am not happy with the interest here Even processing fee is too high with ICICI It is 3000 . The tenure period is 5years and they provide satisfactory loan amount .
      Was this review helpful? 1
      , pune
      Reviewed on Oct 08, 2018
    • ICICI Bank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have my personal loan with ICICI BANK , the tenure period is 5year and they provide satisfactory loan amount with ICICI BANK . They charge 11.4% rate of interest and processing fee is 2000 . The service and process was quite impressive with ICICI .
      Was this review helpful? 1
      , chennai
      Reviewed on Oct 08, 2018
    • ICICI Bank Personal Loan
      "Excellent Service"
      0.5 4.0/5 "Great!"
      It has been a good experience i had with this Personal Loan where the loan amount which they had provided me has been satisfactory and the interest rate with them has been nominal when compared with the market rate. The loan amount which they had provided me was around 4,00,000 where they had charged me with some processing fee of about 7000. The loan has been disbursed in time span of one week.
      Was this review helpful? 4
      , mumbai
      Reviewed on Oct 06, 2018
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