IIFL Finance continues serving existing customers

Hyderabad: IIFL Finance has issued a statement saying that it continues to serve its existing gold loan customers and the customers’ gold is safe in IIFL Finance’s lockers. As per a RBI supervisory press release dated March 4, the company will not disburse new gold loans until further notice. However, the RBI circular allows the firm to continue serving existing loans and customers without any hindrances.

IIFL Finance said its gold loan branches will remain open as usual and staff will be available to serve existing customer needs on priority.