Documents Required For Gold Loan
Har Business Ke Liye,
Gold loan Hai Taiyaar!
1 Cr.+
Happy Customers
3000+
Branches Nationwide
₹3,000/-
Minimum Loan Amount
Up to 85%
Maximum Value of Gold
RBI Regulated NBFC
- Customer rating,
1 Lac+ Reviews
Pledged gold is secured & insured
Zero Hidden Charges
30+ Years of Trust
List of Documents Required for Gold Loan
The documents required for gold loan approval at IIFL Finance are refreshingly few: one valid identity proof, such as Aadhaar or PAN, one address proof, and your gold jewellery. For standard gold loans up to Rs 2.5 lakh, no income proof, CIBIL score check, or salary documents are required. The complete gold loan KYC checklist is below, so you can see every one of the gold loan documents required in one simple gold loan document list before you visit.
1
ID Proof Required
1
Address Proof
85%
Max LTV up to Rs 2.5L on Gold Loan
Multi-Layered
Gold Protection
- Regulated NBFC
- 4.8 stars, 50,000+ Reviews
- Pledged gold is secured and insured
- Zero Hidden Charges
- 30+ Years of Trust
- Served 1Cr+ Happy Customers
Identity Proof Documents Accepted for a Gold Loan
Any one of the following documents works as your
identity proof for gold loan
KYC at IIFL Finance. The document must be valid; expired identity proofs are not accepted. As part of IIFL Finance's KYC practice, branch teams ask for a PAN card if your loan amount exceeds Rs 20,000. If you do not hold a PAN, you can submit Form 60, a signed declaration accepted in place of PAN, subject to the loan amount and applicable KYC norms.
Aadhaar is the most accepted of all
gold loan ID documents
because it is digitally verifiable at the branch. If your Aadhaar is linked to your mobile number, the e-KYC process can be completed quickly at the branch itself.
Note: This card is for illustrative purposes. Accepted documents may vary as per prevailing KYC norms; confirm at the branch.
Anyone document is sufficient.
You do not need to submit all the above, which keeps the
gold loan required documents
list genuinely short; bring whichever government-issued photo ID you have. Aadhaar doubles as both identity and address proof, so it is often the only
required document for gold loan
KYC a first-time applicant carries. Bring your PAN as well if you plan to borrow more than Rs 20,000.
Address Proof Documents for Gold Loan KYC
One valid
address proof for gold loan
documentation is required at IIFL Finance. If you submit Aadhaar as your identity proof, no separate address document is needed. Aadhaar is accepted as both identity and
KYC address proof
simultaneously.
Utility bills and bank statements are also accepted among the
gold loan address documents
but must be recent, not older than three months from the date of application. The address on your KYC document must match the address you declare on your gold loan application form.
Note: This card is for illustrative purposes. Accepted documents may vary as per prevailing KYC norms; confirm at the branch.
Aadhaar simplifies your KYC.
Submitting Aadhaar as your identity proof automatically satisfies the address proof requirement as well. A first-time gold loan applicant needs to carry only one document, their Aadhaar, along with their gold jewellery.
Additional Documents for Specific Applicant Types
The standard
gold loan documents,
identity proof and address proof, are sufficient for most applicants; the
documents required for availing a gold loan
change only in specific circumstances. If you are wondering about any
gold loan new documents required
under the gold loan framework effective April 2026, the summary below reflects the current norms for each borrower type.
Salaried Employees
The only
gold loan documents salaried
applicants need are the standard KYC documents listed above and gold ornaments to pledge. No salary slips, Form 16, or employment letters are required for loans up to Rs 2.5 lakh. A gold loan is a secured product where the gold itself serves as collateral, so employment status does not affect eligibility. For loan amounts above Rs 2.5 lakh, current regulatory guidelines require a basic assessment of repayment capacity for every applicant, including salaried borrowers, so the branch may ask for a simple income declaration or a supporting document at that stage.
Self-Employed Applicants
Self-employed applicants do not need ITR, GST returns, or bank statements for gold loans up to Rs 2.5 lakh, which is what makes this a genuine
gold loan for self employed without financial documents in India.
For loan amounts above Rs 2.5 lakh, current regulatory guidelines require a basic assessment of repayment capacity, so a simple income declaration may be requested. This keeps gold loans an accessible credit option for business owners and freelancers.
Farmers and Agricultural Borrowers
The
gold loan documents for farmers
applying for an agricultural purpose may include land ownership records or a Kisan credit card in addition to standard KYC; these confirm the agricultural purpose of the loan and are what searches for
kisan gold loan documents
usually mean. IIFL Finance offers gold loans for agricultural needs and activities such as crop cultivation, purchase of seeds and fertilisers, farm equipment, irrigation, and allied activities like dairy and poultry.
Your Gold - Valuation and Safe Storage
Two questions every first-time gold loan applicant asks: how is my gold valued, and is it safe while the loan is active? Here are the answers to your questions.
How Your Gold is Valued
A trained appraiser at the branch tests the purity of your gold using a karat meter and assesses the net gold weight, excluding embedded stones, metal alloys, and non-gold components. The net gold weight is multiplied by the current gold rate per gram and the applicable loan-to-value (LTV) ratio to arrive at your eligible loan amount. The appraisal is conducted in front of you at no charge.
Your Gold is Safe in Our Vault
Once your loan is sanctioned, your gold jewellery is sealed in a secure tamper-evident packet, tagged with your loan account number, and stored in IIFL Finance's insured vault at the branch. The gold remains insured throughout the loan tenure and is returned to you in the same sealed condition upon full loan repayment. You can verify the seal at the time of redemption before the packet is opened.
Maximum LTV by Loan Amount:
| Loan Amount | Maximum LTV |
|---|---|
| Loans up to Rs 2.5 lakh | 85% Max LTV |
| Loans up to Rs 5 lakh | 80% Max LTV |
| Loans above Rs 5 lakh | 75% Max LTV |
Note: This table is for illustrative purposes, as per the current gold loan framework. The actual LTV applied may vary based on the loan slab and prevailing guidelines on the date of application.
How to Apply for an IIFL Finance Gold Loan
-
Gather Your KYC Documents
Collect one valid identity proof and one address proof from the checklists above. Aadhaar covers both requirements in a single document. Carry your PAN card if your loan amount exceeds Rs 20,000; if you do not hold a PAN, Form 60 can be submitted as a declaration. Also confirm that your gold jewellery is between 18 and 22 karat purity.
-
Visit Branch or Apply Online
Walk into any IIFL Finance branch with your documents and gold jewellery.
-
Gold Valuation and KYC Verification
A trained appraiser values your gold jewellery while the branch team completes your KYC document verification. Both steps happen simultaneously at the branch.
-
Loan Approval and Agreement
Your eligible loan amount is confirmed based on the appraised gold value and the applicable LTV ratio. Review and sign the loan agreement; the loan agreement and pledge form you sign at the branch are the only
gold loan security documents required,
and the interest rate and repayment schedule are specified in them.
-
Funds Credited
The loan amount is credited to your registered bank account once document verification and gold valuation are complete. Your gold is sealed and stored securely in our multi-layered secured vault.
How IIFL Finance Mobile App Can Help
The calculator can help estimate the amount that may be available against your gold, while the IIFL Loans Mobile App helps you keep track of your loan after disbursal.
-
View your loan details, outstanding balance and account summary in one place.
-
Make interest or repayment payments through the app and download your account statement whenever required.
-
Access eligible loan services such as repayments, renewals and top-up requests digitally, subject to applicable terms and availability.
-
The IIFL Loans Mobile App can be downloaded from the Google Play Store and the Apple App Store.
Gold Loan FAQs
Yes, you can only pay the gold loan interest amount and then pay the principal amount later at the end of the loan tenure
Yes, a bank statement is not mandatory to apply for a Gold Loan with IIFL Finance. Since the loan is secured against gold, approval is based on gold valuation and KYC verification, and not on bank statements or income-related documents.
Yes, Aadhaar and PAN are generally sufficient to apply for a Gold Loan with IIFL Finance. These documents are accepted as valid KYC for identity and address verification. Depending on the case, any one valid KYC document may be required as per applicable norms.
- In the event, the customer fails to settle the loan account or repay interest/installments/Principal Amount/any other amount, charges ("the total Outstanding"), post the completion of Loan tenure or otherwise. IIFL shall issue the notice at customer address given in this Application by giving 10 days time from the issue of the notice to customer for repayment of the total Outstanding. In the event, a customer fails to repay the total Outstanding even after giving 10 days notice for repayment, customer Pledged Gold Articles may be sold by IIFL in a Public Auction as per IIFL policy. The Auction will be announced to the Public by way of the issue of the Advertisement in at least two newspapers of which at least one newspaper shall be of a vernacular language and another shall be a national daily newspaper. If any of the Pledged Articles are sold at a price lower than the amount due from the customer, the customer shall pay the deficit amount to IIFL. In case of default in repaying the deficit amount by the customer, IIFL has all the right to initiate legal action against the customer and take possession of all the movables and immovables property belonging to the customer. If the Pledged Articles are sold at a higher price than the amounts due from the surplus amount, if any, may be refunded to customer after adjusting all the other amounts payable by customer to IIFL. If losses are incurred on sale, the same shall be reimbursed by customer to IIFL and in the event customer is unable to make good such losses, IIFL may institute legal proceedings to recover the losses from customers assets/property. IIFL shall not be responsible for any loss or costs incurred for selling the same if caused by such sales of Pledged Articles.
- IIFL reserves the right to sell any of the Pledged Articles by auction at any point of time, even before the expiry of 12 months, if IIFL is convinced that the market price or the maximum realizable value by sale of the Pledged Articles, is likely to come down below or equal to the total amount payable by customer, by way of principal, amount of the Loan interest and other amounts payable in respect of the Loan , after serving a notice of 10 days to customer at his address given in this Application.
To release your gold ornaments, you have to visit the branch from where the gold loan was disbursed
Yes, you can repay your loan amount or interest due at any gold loan branches
The minimum tenor to avail gold loan at IIFL Finance is 3 months and the maximum tenor is 24 months
Yes, a nominal processing fee needs to be paid for availing gold loan
Yes, you can part-release your gold once you have paid back the loan amount for the ornaments you wish to release
There are multiple options available to repay the gold loan like visiting branches, Quickpay, Bank transfer or UPI apps
Yes, a lot of lenders offer gold loans without requiring income proof, since your gold acts as collateral and the loan is secured against your gold. Ultimately, the focus is on the value and purity of the gold that you pledge, and not on your earnings.
While availing a gold loan, usually Income Tax Returns (ITR) is not a mandatory requirement. Since it's a secured loan, lenders primarily assess the gold’s value rather than your income or tax records.
Individuals who do not own gold or try to pledge impure or low-quality gold may not be eligible. Also, minors and those without valid ID/address proof are typically not qualified for a gold loan.
Yes. Applicants are usually required to submit recent passport-size photographs as part of the KYC process. These photographs are used for identity verification and to complete the loan documentation.
A PAN card is mandatory if you are applying for a higher loan amount, as per regulatory requirements. For smaller loan values, other valid ID proofs may suffice, but providing your PAN card helps ensure smoother verification and faster processing.
Yes, you can. IIFL Finance does not require a purchase bill or invoice to offer a gold loan. The loan is sanctioned based on the purity and weight of the gold you pledge, not its original purchase proof.
Currently, gold loans from IIFL Finance are available only to Indian residents. Non-resident Indians (NRIs) are not eligible to apply for gold loans at this time.
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