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  • ICICI Gold Loan is Rated as "Great!" by 17363 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.

    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
      "Excellent loan experience"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with ICICI since the service has been good i have chosen this bank. They have offered me a interest rate of 10% and the processing fee also nominal. I got the loan amount of Rs. 10 lakhs. I have been paying the EMI of Rs. 26000 for 5 years tenure period. Last February i bought this policy. Overall the loan process was smooth.
      Was this review helpful? 3
      , bangalore
      Reviewed on Dec 13, 2018
    • ICICI Bank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My personal loan earlier was with ICICI Bank. It was a good process too. The customer support and response is fine and they also provided the loan as well on time. But the rate of interest and processing charges was on the higher side when compared with other banks. I am happy that the loan was provided on time.
      Was this review helpful? 0
      , mumbai
      Reviewed on Dec 13, 2018
    • ICICI Bank Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My experience with ICICI bank personal loan was good, the loan amount was for Rs 5 lacs with less interest rate when compared to other banks. Process was smooth and the loan amount was received on time. Tenure period for this loan is 5 years and the customer service was good.
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 13, 2018
    • ICICI Bank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have been applied for personal loan with ICICI bank recently , the loan amount they have charged me was sufficient, and the rate of interest they have charged me was nominal they have charged me up to 14.59% and even processing fee they have charged me was nominal also their overall service is very smooth.
      Was this review helpful? 0
      , guntakal
      Reviewed on Dec 12, 2018
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been applied for personal loan with ICICI bank recently from past 10-15 month only, and the rate of interest they have charged me was nominal and the processing fee they have charged me was nominal, there overall service was good, i did not face any difficulty in getting loan .
      Was this review helpful? 0
      , gurgaon
      Reviewed on Dec 12, 2018
    • ICICI Bank Personal Loan
      "Average Financial service"
      0.5 3.0/5 "Satisfactory"
      I have taken personal loan from Icici bank . Am not satisfied with the rate of interest which they have provided . There are processing fees for the loan which is nominal one and its been refunded . I make the payments through Ecs every month . They gave good tenure period . They did quick documentation and received the loan on time.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 12, 2018
    • ICICI Bank Personal Loan
      "Great response from ICICI"
      0.5 5.0/5 "Blown Away!"
      I have purchased my personal loan on 7th November. I have applied the loan amount of Rs. 1.03 lakhs and i have received the same. I have received the loan in 12 days. They have offered me a interest rate of 15% and i'm happy about it. There was some processing fee also. I have been paying the EMI of Rs. 4992 and total tenure period of the loan 24 months.
      Was this review helpful? 1
      , bhopal
      Reviewed on Dec 11, 2018
    • ICICI Bank Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with ICICI BANK , the rate of interest is good which is very nominal compare to others . There is preclosere option and they charge fee also nominal . The tenure period is sufficient . Loan amount is really satisfactory and so far it is good .
      Was this review helpful? 0
      , secunderabad
      Reviewed on Dec 11, 2018
    • ICICI Bank Personal Loan
      "Good service"
      0.5 3.5/5 "Pretty good"
      It was a good experience with this loan and i almost completed almost 20 months of EMI with this loan. The loan amount has been fine but the rate of interest has been pretty high with them when compared with the market rate. There has also been some unwanted charges taken for the insurance policy.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 11, 2018
    • ICICI Bank Personal Loan
      "Unhappy with the services"
      0.5 2.0/5 "Expected more"
      I am not happy with the services of ICICI Bank for the personal loan. They have taken long to process it, and when ever I contacted them, I got no response for the status of my application. It took more than 30 days. The initial rate was around 11.99% and later I was given 12.99%. They were not clear on the charges too.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 11, 2018
    • ICICI Bank Personal Loan
      "Looking for less interest rate"
      0.5 5.0/5 "Blown Away!"
      It was a good experience for personal loan with ICICI bank, it took 1 month to receive the loan amount. Loan amount was for Rs 1 lac for 5 years with very high interest rate in the market. Customer service was very good and they collected documents on time.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Dec 11, 2018
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My experience was good with ICICI bank for personal loan, the loan amount was based on my requirement and i got the loan within 5 minutes to my account. Customer service was good and they followed up on time. Tenure period for this loan was for 1 year.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 11, 2018
    • ICICI Bank Personal Loan
      "Good Card to use"
      0.5 4.0/5 "Great!"
      I hold a Coral credit card with ICICI bank from last 1 year, Rs 500 has to be paid as annual fee for this credit card. I have not used this credit card much and i did not find any offers so far. Credit limit is fine in this credit card and there are no transaction issues. No CAC Charges and no stamp duty charges
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 11, 2018
    • ICICI Bank Personal Loan
      "Good banking service"
      0.5 4.0/5 "Great!"
      I am banking with ICICI bank from last 1 year and i hold a salary account with this bank. Customer service is good with ICICI bank and their response is on time. ATM branches are working fine with this bank and online facilities are easy to use. I took loan without any CAC charges and without any stamp duty charges.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 11, 2018
    • ICICI Bank Personal Loan
      "Looking for less interest rate"
      0.5 4.0/5 "Great!"
      It was overall a good experience with ICICI bank for personal loan, loan amount was requested for Rs 5.4 lacs but they gave only Rs 3.5 lacs with high interest rate. Customer service was good and they responded on time. Tenure period for this loan is 5 years.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 11, 2018
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been applied ICICI bank credit card recently, the loan amount they have given me was sufficient up to 4,00,000, the rate of interest they have charged 16% it was bit high for me and they have charge me pre-closure charges up to 12,000 and the processing fee how much they have charge i have no idea, there was very delay in the documentation part they gave me loan after 1 month, apart of that there service is good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 10, 2018
    • ICICI Bank Personal Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      It was not a good experience with ICICI bank for personal loan, there was no proper follow up done and approach was not good from bank. The process was very long and it took 1 month to disburse the loan amount. Loan amount was for Rs 1.50 lacs with tenure period of 3 years.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 10, 2018
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been applied ICICI bank credit card recently, the loan amount they have given me was sufficient, the rate of interest they have charged 12.25% it bit high as they said 10.99% previously but they have charged me 12.25% and the processing fee they have charged me up to 1475 rupees it was nominal, documentation part was okay, i did not face any difficulty in that.
      Was this review helpful? 0
      , kolkata
      Reviewed on Dec 10, 2018
    • ICICI Bank Personal Loan
      "Best service"
      0.5 4.0/5 "Great!"
      I have been applied ICICI bank credit card recently, the loan amount they have given me was sufficient, the rate of interest they have charged me up to 11.99% it was bit high, the processing fee they have charged me up to 1000-1500 it is nominal, but it is very slow documents , apart from that the overall service rendered by the bank is really great.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 10, 2018
    • ICICI Bank Personal Loan
      "Good Expereince with ICICI"
      0.5 5.0/5 "Blown Away!"
      Within one week of time ICICI have processed my loan disbursement I am very happy about the service of the bank. The executive gave me the door step service on the documentation part, the loan amount is sufficient with the nominal interest on loan.
      Was this review helpful? 0
      , salem
      Reviewed on Dec 10, 2018
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