{"id":67,"date":"2020-01-16T17:25:39","date_gmt":"2020-01-16T11:55:39","guid":{"rendered":"http:\/\/www.theteamwork.com\/finance\/?p=67"},"modified":"2020-01-17T00:06:13","modified_gmt":"2020-01-16T18:36:13","slug":"900524-icici-bank-limited-current-gold-loan-interest-rates","status":"publish","type":"post","link":"https:\/\/www.theteamwork.com\/finance\/900524-icici-bank-limited-current-gold-loan-interest-rates.html","title":{"rendered":"ICICI Bank Limited – Current Gold Loan Interest Rates"},"content":{"rendered":"

ICICI Bank Limited – Current Gold Loans Interest Rates<\/h2>\n

New Delhi (Delhi, India), January 16, 2020<\/p>\n

ICICI Bank Limited Cuts Gold Loan Interest Rate to 10.00% Per Annum<\/h3>\n

The ICICI Bank Limited has decreased its gold loan interest rates by 0.05 percent, or 05 basis points with effect from Wednesday, January 01, 2020.<\/p>\n

ICICI Bank Limited has revised its minimum gold loan interest rate from 10.05 percent to 10.00 percent per annum under the ICICI Bank Loan Against Gold Scheme.<\/p>\n

ICICI Bank Limited’s current interest rate cut will reduce the cost of funds for those people who want to avail ICICI Bank gold loans.<\/p>\n

ICICI Bank Limited Loan Against Gold Scheme – Current Gold Loan Interest Rates<\/h4>\n

ICICI Bank Gold Loan Interest Rate in Loan Against Gold Scheme: 10.00% to 16.95% Per Annum<\/p>\n

ICICI Bank Gold Loans Rate of Interest is Floating or Fixed: Fixed Rate of Interest<\/p>\n

Minimum and Maximum Quantum of ICICI Bank Gold Loan: Up to 75% of the Market Value of the Ornaments<\/p>\n

ICICI Bank Gold Loan Minimum Borrowing Amount: Minimum Gold Loan Amount is \u20b910,000<\/p>\n

ICICI Bank Gold Loan Maximum Borrowing Amount: Maximum Gold Loan Amount is \u20b915,00,000<\/p>\n

Minimum Tenure for the ICICI Bank Gold Loan: Minimum Gold Loan Tenure is 6 Months<\/p>\n

Maximum Tenure for the ICICI Bank Gold Loan: Maximum Gold Loan Tenure is 12 Months<\/p>\n

ICICI Bank Gold Loan Pre Closure Charges or Prepayment Penalty: Nil Charges or Penalty<\/p>\n

Security Requirement for ICICI Bank Gold Loan: Pledge of Gold Ornaments<\/p>\n

Minimum Age of the Borrower for Getting ICICI Bank Gold Loan Sanctioned: Minimum Age 18 Years at the Time of Gold Loan Commencement<\/p>\n

Maximum Age of the Borrower for Getting ICICI Bank Gold Loan Sanctioned: Maximum Age 70 Years at the Time of Gold Loan Maturity<\/p>\n

ICICI Bank Gold Loan Valuation Charges: \u20b9500 plus GST<\/p>\n

ICICI Bank Gold Loan Processing Fee: Minimum 1.00% of the Gold Loan Amount plus applicable GST<\/p>\n

ICICI Bank Gold Loan Documentation Charges: \u20b9199 plus applicable GST<\/p>\n

ICICI Bank Gold Part-Prepayment Penalty: Currently, ICICI Bank levies no penalty for part-prepayment towards your Loan Against Gold (Minimum Part-Prepayment Amount is \u20b95,000)<\/p>\n

ICICI Bank Gold Foreclosure or Pre Closure Charges: 1.00% of the Gold Loan Amount Outstanding plus applicable GST if the Gold Loan is prepaid within 11 months or post 30 days of auto-renewal.<\/p>\n

Different Options for Making ICICI Bank Gold Loan Repayments: The three options for making repayments are (i) Interest payment upfront and repayment of principal amount on maturity date, or (ii) Monthly interest payment and repayment of principal on maturity date, or (iii) Equated Monthly Installment (EMI) option<\/p>\n

Current Deposits and Loans Interest Rates of ICICI Bank Limited<\/h6>\n

ICICI Bank Limited – Deposits and Loans Interest Rates<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

ICICI Bank Ltd has decreased its gold loan interest rates by 0.05%, or 05 basis points with effect from Wednesday, January 01, 2020. This interest rate cut will reduce the cost of funds for those people who want to avail ICICI Bank gold loans.<\/p>\n","protected":false},"author":2,"featured_media":1413,"comment_status":"open","ping_status":"closed","sticky":false,"template":"templates\/template-full-width.php","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[47,51,84,82,75],"class_list":["post-67","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-current-interest-rates","tag-gold-loan-interest-rates","tag-icici-bank-gold-loan","tag-icici-bank-interest-rates","tag-icici-bank-limited"],"_links":{"self":[{"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/posts\/67","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/comments?post=67"}],"version-history":[{"count":0,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/posts\/67\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/media\/1413"}],"wp:attachment":[{"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/media?parent=67"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/categories?post=67"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theteamwork.com\/finance\/wp-json\/wp\/v2\/tags?post=67"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}