Gold Loan Interest Rate
The interest rate of Gold Loan refers to the interest (percentage) charged by a lender on the borrowed amount that is secured by providing gold jewellery as collateral. This rate represents the cost of borrowing, i.e., the additional amount that borrowers must repay over and above the principal (i.e. loan amount) during the loan tenure. The interest rate can vary based on factors such as the lender's policies, prevailing market conditions, loan amount, loan tenure, purity of the gold, weight of the gold and the borrower's creditworthiness.
Apply online for an ICICI Bank Gold Loan of up to ₹ 2 crore* with attractive interest rates, minimal documentation and quick approvals.
*Terms and conditions apply.
Gold Loan Interest Rate & Charges
Gold Loan Interest Rate:
ICICI Bank Gold Loan interest rate varies as per the factors mentioned above. Given below is the current range of interest rates.
| Interest rate range*: Q3 (Oct 2025 to Dec 2025) | Minimum | Maximum | Mean |
|---|---|---|---|
8.75% |
16.65% |
11.06% |
Note: Mean rate = Sum of rate of all loan accounts / Number of all loan accounts.
*Terms and conditions apply.
Gold Loan Charges:
| Particulars | Gold Loan Charges: | Tenure: 6 months |
|---|---|---|
Processing Fees |
Up to 2%* of the loan amount |
Up to 2%* of the loan amount |
Foreclosure Charges |
Nil, if the loan is foreclosed after 180 days. |
Nil, if the loan is foreclosed after 120 days. |
0.50%, if the loan is foreclosed within 180 days. |
0.50%, if the loan is foreclosed within 120 days. |
|
1%, if the loan is foreclosed within 90 days. |
1%, if the loan is foreclosed within 60 days. |
|
2%, if the loan is foreclosed within 30 days. |
2%, if the loan is foreclosed within 30 days. |
|
Valuation charges |
For loan amount: a. Up to 3 lakh: ₹350 b. Greater than 3 lakh, up to ₹ 10 lakh: ₹750 c. Greater than ₹ 10 lakh : ₹1,500. |
|
Overdue Handling Charges (delinquent accounts) |
1. 1. Demand Legal Notice (DLN): No charges are levied by the Bank for issuance of DLN. 2. Loan Recall Notice (LRN): charge of ₹ 200 + GST as applicable will be levied to the Gold Loan account for issuance of the said notice. 3. Auction Notice: Charge of ₹ 300 plus GST as applicable will be levied to the Gold Loan account for issuance of the said notice. 4. Paper Publication Notice: Charge of ₹ 950 plus GST as applicable will be levied to the Gold Loan account for issuance of the said notice. 5. Auction handling charges of ₹ 750 plus GST as applicable will be levied once the Gold Loan account is listed for auction. |
|
Penal charge on overdue amount |
Penal charges will be equal to 5% per annum on the overdue amount, from the due date until the actual payment date plus applicable taxes or other statutory levies, if any. | |
Note
- Stamp Duty and other statutory charges – As per the applicable laws of the state.
- *Terms and Conditions Applied
Disclaimer*: I authorize ICICI Bank and its representatives to call or SMS me for providing assistance related to Gold Loan. The above consent will override any registration in DNC/NDNC, if applicable