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Categories > Disbursement Related

When I apply for the Gold Loan, how will I receive the money?

You have the option of receiving the funds in your existing savings bank account with any bank or in a new savings account opened with IDFC FIRST Bank. Our Savings Bank account for Gold Loan disbursement includes a two-year remission of average monthly balance charges.

How long does it take for a Gold Loan to be disbursed?

Our digital infrastructure and automation enable quick Gold Loan processing in 45-90 minutes.

For your Gold Loan to be disbursed within the specified time frame, there is dependency on the number of ornaments to be valued, loan amount, and your willingness to process your Gold Loan through our digital journey such as E-KYC, open digital savings account, and E-Mandate.

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