Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Loan typeSecured loan against pledged eligible gold jewellery or specified bank-issued gold coins.View source
The bank describes a loan against 18–22 karat gold jewellery, with the gold pledged as collateral; its eligibility section also accepts its own bank-issued coins up to 50 grams per customer.
- Source
- IDFC FIRST Bank Gold Loan — product page and
- Page / section
- Gold Loan overview; : What is a Gold Loan?
- Accessed
- 30 Sept 2026
- Confidence
- high
Interest rate (per month)FAQ: 0.82%–1.67% p.m.; fee-table row starts at 0.82% p.m.; fee-page title says 0.9% p.m. The published starting figure conflicts; exact fixed rate depends on amount, tenure and repayment plan and is stated at sanction.View source
The product says rates range from 0.82% to 1.67% per month and are fixed for the loan. The dedicated fee table lists starting at 0.82%, but the same fee page's title says 'Starting 0.9% p.m.'; these statements are retained as a conflict, not normalized to one figure.
- Source
- IDFC FIRST Bank Gold Loan — product page, and fee schedule
- Page / section
- : interest rates; fee page: Gold Loan table and page title
- Accessed
- 30 Sept 2026
- Confidence
- high
Rate settingFixed for the duration of the loan; the applicable rate depends on loan amount, tenure and repayment structure and is subject to the bank's sanction.View source
The bank says it does not charge a variable rate on this product and says the applicable rate depends on loan amount, tenure and repayment structure.
- Source
- IDFC FIRST Bank Gold Loan — product page and
- Page / section
- : fixed or variable rate; factors affecting the rate
- Accessed
- 30 Sept 2026
- Confidence
- high
Maximum loan amountBullet: ₹20,00,000; monthly-interest and EMI schemes: ₹75,00,000.View source
The bank's scheme table lists maximums of ₹20,00,000 for Bullet and ₹75,00,000 each for Monthly Interest and Equated Monthly Instalment.
- Source
- IDFC FIRST Bank Gold Loan — product page and
- Page / section
- : minimum and maximum Gold Loan amount, rows Bullet, Monthly Interest and Equated Monthly Instalment
- Accessed
- 30 Sept 2026
- Confidence
- high
Minimum loan amountBullet and monthly-interest: ₹25,001; EMI: ₹2,00,001.View source
The bank's repayment-scheme table gives ₹25,001 for Bullet and Monthly Interest and ₹2,00,001 for .
- Source
- IDFC FIRST Bank Gold Loan — product page and
- Page / section
- : minimum and maximum Gold Loan amount
- Accessed
- 30 Sept 2026
- Confidence
- high
Repayment periodBullet: 6–12 months; monthly-interest and EMI: 12–60 months.View source
The bank lists 6 and 12 months for the Bullet scheme, and 12 and 60 months for both Monthly Interest and Equated Monthly Instalment.
- Source
- IDFC FIRST Bank Gold Loan — product page and
- Page / section
- : repayment period table
- Accessed
- 30 Sept 2026
- Confidence
- high
Loan against gold value64%–85% of eligible gold value for income-generating and consumption loans; actual amount depends on purity, net gold weight and applicable margin.View source
The bank says it currently offers 64% to 85% on income-generating and consumption loans, with linked to the margin required under guidelines.
- Source
- IDFC FIRST Bank — Gold Collateral Valuation Methodology
- Page / section
- Section D: How loan-to-value works
- Accessed
- 30 Sept 2026
- Confidence
- high
How gold is valuedThe bank uses the lower of the preceding 30-day average closing price for the gold's specific purity or the preceding day's price published by India Bullion and Jewellers Association. Non-gold stones/
The page specifies the lower-of-two price rule, the gross-weight-minus-deductions formula, proportionate purity conversion and mandatory tests; it provides a 20 g example with 2 g deducted and a 75% calculation.
- Source
- IDFC FIRST Bank — Gold Collateral Valuation Methodology
- Page / section
- Sections A–C: price reference, net weight and purity tests
- Accessed
- 30 Sept 2026
- Confidence
- high
Applicant eligibilityResident individuals aged 18–70, including salaried, self-employed, farmer, homemaker and student applicants. No guarantor is required; homemakers and students need an income co-applicant.View source
The eligibility section lists resident individuals aged 18–70 across the named occupations; the says a guarantor is not required but an income co-applicant is required for homemakers and students.
- Source
- IDFC FIRST Bank Gold Loan — product page and
- Page / section
- Eligibility; : guarantor/co-applicant
- Accessed
- 30 Sept 2026
- Confidence
- high
Acceptable gold collateralGold jewellery of 18–22 carat purity and IDFC FIRST Bank-issued gold coins up to 50 g per customer. The bank excludes sub-18-carat ornaments, unvalued items, bullion, non-bank coins, bars, idols, watches, utensils and white gold.View source
The bank lists accepted 18–22 carat jewellery and its own issued coins up to 50 grams per customer, followed by the excluded forms and items.
- Source
- IDFC FIRST Bank Gold Loan — product page and
- Page / section
- Eligibility: Collateral Eligibility
- Accessed
- 30 Sept 2026
- Confidence
- high
Existing bank relationshipAn existing IDFC FIRST Bank account is not required.View source
The bank answers that an applicant need not already be an IDFC FIRST Bank customer.
- Source
- IDFC FIRST Bank Gold Loan — product page and
- Page / section
- : existing customer requirement
- Accessed
- 30 Sept 2026
- Confidence
- high
Repayment plansBullet: principal and interest at maturity; Monthly Interest Servicing: interest monthly and principal at term end; EMI: monthly principal-and-interest instalments over the selected term. The application form also has a generic OD field, but the current product FAQ says no overdraft facility is currently offered for business requirements on this Gold Loan.View source
The page defines the three published repayment schemes and says no business is currently available. The selection on the application template is not treated as proof that the current retail product offers .
- Source
- IDFC FIRST Bank Gold Loan — product page and application-agreement
- Page / section
- Product : repayment schemes and business overdraft; page 1 application facility options
- Accessed
- 30 Sept 2026
- Confidence
- high
Repayment methodsInternal fund transfer, NEFT, RTGS, cheque, UPI or SI/NACH.View source
The bank lists internal transfer, , , cheque, and / as repayment methods.
- Source
- IDFC FIRST Bank Gold Loan — product page and
- Page / section
- : repayment methods
- Accessed
- 30 Sept 2026
- Confidence
- high
Processing feeUp to 1% of the loan amount, plus applicable GST.View source
The dedicated schedule lists up to 1% of the loan amount and marks applicable.
- Source
- IDFC FIRST Bank Gold Loan — interest rates, fees and charges
- Page / section
- Pre-disbursal Fees/Charges: Processing Fees row
- Accessed
- 30 Sept 2026
- Confidence
- high
Gold valuation charge₹249 minimum to ₹4,999 maximum per case, plus applicable GST.View source
The schedule gives a minimum ₹249 and maximum ₹4,999 per case and marks applicable.
- Source
- IDFC FIRST Bank Gold Loan — interest rates, fees and charges
- Page / section
- Pre-disbursal Fees/Charges: Gold Valuation Charges row
- Accessed
- 30 Sept 2026
- Confidence
- high
Stamp dutyActual state-norm amount; GST is marked not applicable.View source
The bank lists stamp duty according to actual state norms and marks not applicable.
- Source
- IDFC FIRST Bank Gold Loan — interest rates, fees and charges
- Page / section
- Pre-disbursal Fees/Charges: Stamp Duty row
- Accessed
- 30 Sept 2026
- Confidence
- high
EMI bounce charge12% of the bounced EMI, minimum ₹400 and maximum ₹1,000; GST marked not applicable.View source
The charge is 12% of bounced, with ₹400 minimum and ₹1,000 maximum; the column says No.
- Source
- IDFC FIRST Bank Gold Loan — interest rates, fees and charges
- Page / section
- Post Disbursal Fees/Charges: Bounce Charges row
- Accessed
- 30 Sept 2026
- Confidence
- high
Technical bounce chargeSame rates as EMI bounce charges; charged monthly from the third consecutive bounce until the mandate is registered. GST marked not applicable.View source
The table ties technical bounce charges to the -bounce rates; the footnote says the charge starts from the third consecutive bounce month and continues until mandate registration.
- Source
- IDFC FIRST Bank Gold Loan — interest rates, fees and charges
- Page / section
- Post Disbursal Fees/Charges: Technical Bounce Charges row and footnote
- Accessed
- 30 Sept 2026
- Confidence
- high
Part-payment chargeUp to 2% of the part-payment amount when paid within 365 days of disbursal, plus GST; actual applicable charge is referred to in the sanction letter.View source
The charge applies within 365 days of disbursal and the fee-page footnote directs borrowers to the sanction letter for the actual applicable amount.
- Source
- IDFC FIRST Bank Gold Loan — interest rates, fees and charges
- Page / section
- Post Disbursal Fees/Charges: Part Payment Charges row and sanction-letter footnote
- Accessed
- 30 Sept 2026
- Confidence
- high
Foreclosure chargeUp to 2% of principal outstanding if closed within 365 days of disbursal, plus GST; the sanction letter gives the actual applicable amount.View source
The schedule sets an up-to-2% charge on principal outstanding when closure occurs within 365 days and says applies; actual charges are in the sanction letter.
- Source
- IDFC FIRST Bank Gold Loan — interest rates, fees and charges
- Page / section
- Post Disbursal Fees/Charges: Foreclosure Charges row and sanction-letter footnote
- Accessed
- 30 Sept 2026
- Confidence
- high
Overdue and penal chargesMIS before maturity: ₹100/month for overdue <₹1,000; ₹250 for ₹1,001–₹1,500; ₹500 for ₹1,501–₹3,500; ₹750 for ₹3,501–₹10,000; ₹1,000 for ₹10,001–₹20,000; ₹1,500 for ₹20,001–₹30,000; ₹2,000 for ₹30,001–₹60,000; ₹2,500 for ₹60,000+. After maturity for Bullet/
The fee page gives all eight pre-maturity bands and a post-maturity 12% p.a. or ₹300 floor. It marks not applicable; the agreement template states applicable taxes shall be levied on above penal charges, so the displayed tax treatment conflicts.
- Source
- IDFC FIRST Bank Gold Loan — fee schedule and application-agreement
- Page / section
- Fee page: Post Disbursal Penal Charges rows; page 19: Penal Charges and tax note
- Accessed
- 30 Sept 2026
- Confidence
- high
Auction chargesNotice: ₹375 plus GST; publication: actual publication charges plus GST; platform fee: 1% of ornament bidding amount plus GST.View source
The schedule lists ₹375 for notice, publication at actual cost and platform fees of 1% of ornament bidding amount; is marked applicable for all three rows.
- Source
- IDFC FIRST Bank Gold Loan — interest rates, fees and charges
- Page / section
- Post Disbursal Fees/Charges: Auction notice, publication and platform fee rows
- Accessed
- 30 Sept 2026
- Confidence
- high
Documents requiredValid KYC/
The current page says basic is required, agricultural-land documents are needed for an agriculture-purpose loan and income documents only in specific scenarios. The form's receipt checklist shows additional document types but does not make all items universal.
- Source
- IDFC FIRST Bank Gold Loan — documentation page and application-agreement
- Page / section
- Documentation page; pages 2–3 and 22: , income and farmer-document checklist
- Accessed
- 30 Sept 2026
- Confidence
- high
Indicative digital disbursal time45–90 minutes, subject to ornament valuation, loan amount and completion of the digital journey (eKYC, digital savings-account opening and e-mandate).View source
The bank states 45–90 minutes and names the number of ornaments, amount and digital onboarding steps as dependencies.
- Source
- IDFC FIRST Bank Gold Loan — product page and
- Page / section
- : Gold Loan disbursal timing
- Accessed
- 30 Sept 2026
- Confidence
- high
Gold custody and releaseThe bank says ornaments are placed in secured sealed pouches in a vault; a gold arrangement letter records ornament specifications for identification. The agreement requires full settlement before return and states a 7-working-day notice for release; holding charges, if the customer does not collect within the following 7 business days, are set by the sanction letter.View source
The describes sealed pouches, vault custody and the arrangement letter; the agreement ties release to full settlement and gives the notice and collection periods. Any holding charge is sanction-specific, not a published universal amount.
- Source
- IDFC FIRST Bank Gold Loan — product page and application-agreement
- Page / section
- : gold security; page 12: release of gold security and holding charges
- Accessed
- 30 Sept 2026
- Confidence
- high
Collateral shortfall and recoveryThe agreement requires a notified gold-value shortfall to be cured with additional security within 7 working days. It describes notice and auction steps following default; the stated procedural timelines are subject to the agreement and applicable RBI requirements, and are not an automatic universal result for every missed payment.View source
The agreement describes a 7-working-day cure period after notice for a gold-value shortfall and recovery/auction provisions after default. Because the source template is not rendered visually in this environment, the precise page layout remains to be checked before certification.
- Source
- IDFC FIRST Bank Gold Loan — Application Form-cum-Loan Terms and Conditions
- Page / section
- pages 9–10: collateral shortfall, default, notices and sale of pledged gold
- Accessed
- 30 Sept 2026
- Confidence
- medium
Purpose categories on applicationThe application form offers purpose classifications for farm credit/agriculture infrastructure/ancillary and allied activities; business expansion; solar equipment; housing repair; education; social infrastructure; repayment to non-institutional lenders; medical/health and other purposes. These are application-purpose options, not a guarantee of approval or a promise that every purpose has identical terms.View source
The application lists the stated purposes and priority-sector categories for declaration/reporting. It does not set one common approval rule or rate for all purposes.
- Source
- IDFC FIRST Bank Gold Loan — Application Form-cum-Loan Terms and Conditions
- Page / section
- pages 3–4: purpose and priority-sector category declarations
- Accessed
- 30 Sept 2026
- Confidence
- high
Q1 FY 2026-27 contracted Gold Loan ROIQ1 FY 2026-27 contracted loans: minimum 9.50%, maximum 19.50%, weighted average 12.43% ROI; excludes staff rates. This is quarterly contracted-loan data, not a current personal offer or APR.Effective 30 Jun 2026View source
Gold Loan |Min 9.50% | Max 19.50% | Weighted Avg. 12.43%. The disclosure footnote says the reported rates exclude staff rates.
- Source
- IDFC FIRST Bank — contracted loan ranges, 2026-27
- Page / section
- Interest rate range of contracted loans for the past quarter; Gold Loan row and staff-rate footnote
- Accessed
- 30 Sept 2026
- Confidence
- high
Benefits and features
- Bullet, monthly-interest and repayment options
- Digital , mandate and signing options are listed for express disbursal
- Bank says existing IDFC FIRST relationship is not required
Eligibility
- The product page lists resident individuals aged 18–70; a guarantor is not required. Homemakers and students require an income co-applicant.
- Accepted collateral: 18–22 carat jewellery and IDFC FIRST Bank-issued gold coins up to 50 g per customer. Bullion, other coin types, gold bars/
idols/ utensils/ watches, white gold, sub-18-carat ornaments and items that cannot be valued are excluded. - The page does not state a universal minimum-income amount. Income evidence is required in specified cases; agriculture-purpose applications require land documents.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Valid /
eKYC; the documentation page lists or Form 97 if is unavailable and an officially valid document such as passport, Aadhaar, voter , driving licence, NREGA card signed by a State official or letter. - For express disbursal: net-banking or debit-card details to set up e-mandate, plus e-signature/e-sign. The product page also describes e-stamp.
- For agriculture-purpose applications: agricultural land documents. The application form's conditional acknowledgement checklist also lists latest , Form 16, latest salary slip/
certificate or bank statement showing the latest three salary credits; for farmers, land-holding proof. These are not universal minimum-income conditions.
Related official documents
IDFC FIRST Bank — Gold Collateral Valuation Methodologyofficial-product-methodology-page · current · accessed 30 Sept 2026
↗IDFC FIRST Bank — contracted loan ROI ranges, Q1 FY 2026-27official-regulatory-disclosure-page · current · accessed 30 Sept 2026
↗IDFC FIRST Bank Gold Loan — Application Form-cum-Loan Terms and Conditionsofficial-loan-application-form-and-agreement-pdf · current · accessed 30 Sept 2026
↗IDFC FIRST Bank — Gold Loan APR Calculator workbookofficial-apr-calculator-xlsx · inaccessible · accessed 30 Sept 2026
↗IDFC FIRST Bank Gold Loan — documentationofficial-product-documentation-page · current · accessed 30 Sept 2026
↗IDFC FIRST Bank Gold Loan — interest rates, fees and chargesofficial-product-fee-page · current · accessed 30 Sept 2026
↗IDFC FIRST Bank Gold Loan — product page and FAQsofficial-product-page · current · accessed 30 Sept 2026
↗IDFC FIRST Bank — Retail Loans APR pageofficial-apr-resource-index-page · current · accessed 30 Sept 2026
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