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IIFL Finance offers gold loan at a rate of interest of 0.79 per centIIFL Finance has actually released gold loan products with interest rates starting from as low as 0.79 percent - a scheme which will be readily available throughout the country for customers in all its branches, according to a current statement shared by the company.

The gold loan offered by IIFL Financing provides a longer period which extends approximately 24 months, permitting clients to handle their cash flow better.Through its gold loan item, the country's leading non-banking financial company also uses flexible interest repayment alternatives to clients based upon their requirements that include - monthly, bimonthly, quarterly, and half-yearly choices.

In order to avail the IIFL gold loan, consumers can visit the IIFL Financing branch with the gold/ornaments they look for to promise and receive the loan within a period of thirty minutes.

IIFL Financing provides a grace period of 5-7 days for the interest repayments.The non-banking monetary company has introduced the DigiGold Loan facility, where customers can get interest payment and top-up alternatives online, without having to go to the branch., according to its declaration.

The digital center also assumes significance amid the COVID-19 pandemic.

During the pandemic farmers and little entrepreneurs have used gold loans to fulfill their capital needs, assisted by our low rates of interest, longer tenure, higher grace duration and easy digital repayment choices.

The reality that over 70 percent of our customers come back to us for company again is a testimony of our truthful and transparent dealings, stated Mr.

Saurabh Kumar, Business Head - Gold Loans, IIFL Finance.On Wednesday, August 11, shares of IIFL Finance settled 2.56 percent higher at Rs 298.30 each on the BSE.




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