Enter the total weight of your gold
Select the purity of your gold
Minimum ₹10,000
Current Gold Loan Interest Rates
| Loan Amount | Interest Rate (p.a.) | Max LTV |
|---|---|---|
| Up to ₹2 Lakhs | 7.30% | 75% |
| ₹2 Lakhs - ₹5 Lakhs | 8.45% | 75% |
| Above ₹5 Lakhs | 10.50% | 75% |
Key Features & Benefits
- Quick Processing: Loan approval within 30 minutes
- Minimal Documentation: Only basic KYC documents required
- Flexible Repayment: Multiple interest payment options
- High Value: Up to 75% of gold value as loan
- Competitive Rates: Starting from 7.30% p.a.
- Zero Prepayment Charges: Close your loan anytime
Frequently Asked Questions
What documents are required for a gold loan?
Required documents include:
- Valid ID proof (Aadhaar, PAN, Passport, etc.)
- Address proof
- Recent passport size photograph
- Gold ornaments for pledging
How is the value of gold calculated?
The gold value is calculated based on:
- Current market rate of 22K gold
- Weight of the gold items
- Purity of the gold (18K, 22K, 24K)
- Making charges are not considered
What types of gold are accepted?
Accepted gold items include:
- Gold jewelry (18K, 22K, 24K)
- Gold coins (up to 50 grams)
- Gold bars from authorized dealers
Note: Gold with precious stones is valued only for its gold content.
How safe is my gold with the bank?
Your gold is:
- Stored in highly secure bank vaults
- Fully insured against theft/damage
- Tagged with unique identification
- Returned in the same condition after loan closure
Can I pay the interest and principal separately?
Yes, the bank offers flexible repayment options:
- Monthly interest payments with principal at maturity
- Quarterly interest payments
- Half-yearly interest payments
- Bullet payment (interest + principal) at maturity