Reserve Price Floor:
Under RBI rules effective April 1, 2026, your gold's auction reserve price must not be less than
90%
of its current assessed value.
After 2 Failed Auctions:
The minimum floor may reduce to
85%
— but never below that under any circumstances.
LTV Limits (Apr 2026):
≤₹2.5L → 85% LTV · ₹2.5–5L → 80% LTV · Above ₹5L → 75% LTV.
Valuation:
Based on actual purity + net weight + RBI benchmark price. Stones and gems are excluded from the calculation entirely.
Surplus Refund:
If auction proceeds exceed your total dues, the balance
must
be returned to you by the lender per RBI directions.
A borrower may need the gold loan agreement, a statement or an interest certificate months after the loan began, perhaps for tax records. Quite a few people look first in the app they already use for paying dues.
This blog explains how to find existing gold loan documents in IIFL Loans App and how a file is matched with the right loan. What happens when a document is missing is also covered. Gold loan, for context, is a secured loan against gold ornaments pledged with a regulated lender.
Which Documents the App Lists
The public guide for the IIFL Loans App lists the agreement or welcome kit, statements, the amortisation schedule and the interest certificate. An amortisation schedule is a table showing how payments are split between interest and principal.
Options to view, download or email these files are described in the guide. The list, however, does not mean that every document is available for every active or closed account. Borrowers who want to find existing gold loan documents in IIFL Loans App generally sign in first with the mobile number linked to that loan.
Checking That the File Is the Right One
Those learning how to view gold loan documents in the IIFL Loans App will find that the loan itself is the first thing checked. The account reference on the file is matched with the agreement or receipt, followed by the document type, issue date and period covered.
A statement of another loan, or of an older period, does not replace the record actually needed. If the wrong loan or period opens, the selection is changed before anything is saved.
Keeping the Correct Copy
Borrowers who download an existing gold loan agreement or statement in the app generally keep the original file and not a screenshot of it. The account screen and the certified document are two different things, and neither replaces the other. If the office requests the certified copy, the borrower may determine whether the downloaded document is acceptable.
When a Document Is Missing
Where the needed file does not show up, a service request can be raised in the app. It names the document, the loan reference and the period. The problem noticed, such as a wrong period, is also mentioned in the request.
The reply may mention the mode of delivery, any identity check and any charge that applies. The request acknowledgement is retained, and the delivered file is opened to confirm its details. Records of closed loans may not be available online in every case, which is when such a request comes into use.
Documents Required for a Gold Loan
The records that a gold loan file generally starts with, and which later sit behind the documents in the app, are:
- Photo identity proof, such as Aadhaar, passport or voter ID, for the KYC (Know Your Customer) file
- PAN card, generally needed for KYC, tax and regulatory purposes
- Address proof, where the identity document does not show the current address
- Bank account details and a recent photograph
- The jewellery to be pledged, for weighing and testing
Without a PAN, Form 97, which replaced Form 60 from April 2026, may be considered depending on lender policy. A lender may seek declarations or records on ownership of the ornaments where its procedure needs them. Further papers depend on the loan amount and the lender's assessment.
Eligibility and Valuation
Conditions on age, residency and ownership are taken from the regulations and each lender's policy. Credit history may be considered by the lender as per its internal rules.
The RBI (Lending Against Gold and Silver Collateral) Directions, 2025 were implemented by regulated lenders from April 2026. The loan agreement reflects the LTV (loan-to-value) ratio, which is the share of the gold's value that is lent. Under the directions, LTV is capped at 85% up to ₹2.5 lakh, 80% above ₹2.5 lakh up to ₹5 lakh and 75% beyond.
The valuation certificate prices the gold at the lesser of the previous day's closing price and the 30-day average on IBJA or a SEBI-regulated exchange. The price is adjusted for purity, and only net gold is counted. Where total gold and silver loans cross ₹2.5 lakh, a detailed credit assessment including repayment capacity is required. At or below that level it is not required, though lenders may apply their own checks.
Application Process
A gold loan, and the documents that come with it, are generally created in this order.
- A regulated lender is approached with the KYC set.
- The ornaments are weighed and examined for purity by the lender's valuer, with the applicant allowed to watch.
- The valuation certificate, listing purity, weight, deductions and value, is handed over to the applicant.
- The loan agreement and the Key Facts Statement, a short summary of cost and terms, are signed and copies shared.
- The mobile number for app access is recorded, and disbursal follows once verification and the remaining formalities are complete.
Under the directions, the gold is returned within seven working days of final repayment. A delay on the part of the lender carries ₹5,000 a day.
IIFL Finance Support for Gold Loan Applicants
IIFL Finance may offer a gold loan wherever the product is available. Every loan is dependent on the borrower's eligibility, the value of the gold and the rules in force at the time. The product can be suitable for borrowers who want their loan papers available digitally through the tenure. Interest and fees may not be the same across products and lenders, as funding and risk costs vary.
Within what the regulations and lender policy allow, money from a gold loan can be put to genuine personal or business use, such as:
- Spare parts for a cycle repair shop
- College admission fees
- Recovery care after a parent's knee surgery
- A pending consignment for a small garage
As the gold is pledged and not sold, the borrower remains its owner. It is returned once the loan has been repaid as agreed.
Conclusion
The agreement or welcome kit, statements, the amortisation schedule and the interest certificate are listed in the app's public guide. Before a file is saved, its loan reference, document type, issue date and period are matched with the need at hand. When borrowers find existing gold loan documents in IIFL Loans App, a screenshot does not replace the issued file. A missing document is asked for through a request in the app. In gold loan, money can be raised against eligible gold, and the gold continues to belong to the borrower subject to repayment.
FAQs
The loan agreement or welcome kit, statements, the amortisation schedule and the interest certificate are the main records borrowers look for when they find existing gold loan documents in IIFL Loans App. Availability for a particular account can still vary.
The loan selected, the statement type, the period covered and the issue date. A statement of another loan or an older period does not answer a query on the current one.
No. Information on an account screen appears in one point of time, whereas a document issued is a record.
A request can be raised in the app for the exact document, loan reference and period. The delivered file is opened to confirm its details.
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