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Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Loan Amount Up to Rs. 1 Crore (With Income Proof)
Gold Loan Interest Rate 7.0% per annum
Gold Loan Per Gram Rate Per Gram Today is ₹ 5,268
Processing Fee 1.50% of the Principal Loan Amount
Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Repayment Tenure 3 Months to 24 Months
Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Why Gold Loan?

Sanctioning Loan against Gold is known as Gold Loan. If Gold is lying in your safe at home or you have paid to keep it safe in the locker then is of no use. Keep the Gold in a more safe and secure place  If you are going through the financial crisis or need immediate funds due to some emergencies like for, medical purpose, wedding party and agricultural needs etc. Gold Loan provides maximum funding to the customer against gold. Gold is kept as security to prevent any fraud after that loan gets sanctioned. It is the safe method of getting financial help from the bank.

Different forms of Gold accepted in the banks

Gold jewelry (Gold bangles, Gold rings, Gold necklace) Gold bars, Gold biscuit, Gold coins etc. But the purity of Gold must be high.

Gold Loan schemes are introduced for Gold Loan in different banks

EMI scheme

Bullet Repayment Scheme

Overdraft Scheme


  1. You can get a gold loan online, no need to go anywhere.
  2. High Funding is avail to the customers
  3. It also provides Gold Loan with the flexible repayment scheme with multiple options.
  4. There are no prepayment charges
  5. Moreover, it also provides instant approval and sanctioning of the Loan
  6. The gold loan also offers quick disbursals
  7. Additionally, it also requires minimum documentation for the loan approval
  8. Uniquely it also provides safe and secure vaults to the Gold
  9. It also offers a low rate of interest
  10. The gold loan also provides a maximum of Rs 10 lakh loan

Documents required

 Every bank has a different requirement for banks, But every bank needs KYC documents that must be valid.

  1. A valid Driving License – The Driving License also contains proper details of the customer like the photograph, name, address, date of birth and all required detail. A valid Driving License here means which has not been expired and is valid for further years.
  2. A Passport – A valid passport means the passport which is not yet expired and is valid. The passport is an important document because it contains the name, age, address and photograph of the customer.
  3. Voter’s ID Card – a voter’s ID card serves as a valid identity proof of the customer as it is also made after proper verification. Voter’s ID Card issued by the Election Commission of India is also required for the sanction of gold loan.
  4. Aadhar Card contains all the required details of the customer including biometrics like name, age, address, date of birth, details about the parents, etc. issued by the UIDAI after proper verification.
  5. PAN Card – It is a Permanent Account Number Card which is a very important document in the Know Your Customer (KYC) formality because it is required because it helps in preventing money related frauds in banks.

Some of the banks require salary slips of last few months


1. Age of an applicant should be more than 18 years up to 65 years

2. Applicant should be Indian and have Gold of high purity

3. Applicant must have a stable source of Income

Interest Rate and Processing Fees

The rate of Interest depends on the quality of gold and vary from bank to bank

Processing fees of every bank are different starting from 0

How to Apply for Gold Loan on

It is very easy to apply for the Gold Loan. There are two methods of applying for a gold loan it can either be offline or online. In the offline method, you need to visit the branch of the bank and have to fill up the application form. You need to visit starts from application form until the sanctioning of Gola loan. But in online processing, you need to visit the site There is an application form available, you need to fill that up. After that Customer representative of the bank will contact you and confirm some of your details and fix our appointment with the banker. The banker will come to your doorstep to pick up the documents. You only need to visit the bank once at the time of submission of Gold, if you apply through So don’t wait, apply online on and get cashback.

Gold Loan Interest Rate of Major Banks


 Interest Rates

HDFC Bank Gold Loan

7.00% – 14.50%

ICICI Gold Loan

7.00% – 16.10%
Muthoot Finance Gold Loan

7.00% – 24.00%

Axis Bank Gold Loan

7.00% – 17.00%
Manappuram Gold Loan

7.00% – 26.00%

Yes Bank Gold Loan

7.00% – 15.99%
Bank of India Gold Loan

7.00% – 26.00%

Federal Bank Gold Loan 

7.00% – 13.50%
IIFL Gold Loan

7.00% – 12.00%

Central Bank of India Gold Loan

7.00% – 14.65%

Canara Bank Gold Loan

7.00% – 12.65%

Allahabad Bank Gold Loan

7.00% – 10.45%

Induslnd Bank Gold Loan

7.00% – 15.75%
PNB Gold Loan

7.00% – 11.75%

Bajaj Finance Gold Loan

7.00% – 26%
SBI Gold Loan

7.00% – 15.99%

Indian Bank Gold Loan

7.00% – 15.99%
UCO Bank Gold Loan

7.00% – 26.00%

Kotak Mahindra Bank Gold Loan

7.00% – 13.50%
Syndicate Bank Gold Loan

7.00% – 12.00%