Gold Loan Lowest Interest Rates 2025
A gold loan in India is a secured loan which is offered against collateral of gold, gold ornaments. Under such loan, the borrower has to pledge his/her gold | gold ornaments with the bank who lends the funds as gold loan. Gold loans can be a good source of short term cash in case of emergency. Gold Loan is available at lower interest rate than personal loan. The gold loan interest rates offered by banks is 8.45% p.a. onwards as on Jul 2025.
Gold Loan at lower Interest Rate Jul 2025
| Bank | Interest Rate | Tenure | Max. Loan Amount | Eligibility |
|---|---|---|---|---|
| The Nainital Bank Limited | 10.50% to 11% | Maximum 12 months | Quantum of loan should be determined based on the net weight of the jewel|ornament and rate per gram fixed from time to time by the bank Maximum Rs. 15 lakh | The applicant must be a true owner of the gold ornaments/ Jewellery/ specially minted gold coins sold by the banks. The weights of specially minted gold coins should not exceed 50grams per customer. Applicant's age should be above 18 years but below 70 years The norms of KYC to be complied with strictly. |
| Bandhan Bank Limited | 10.99% to 18% | Flexible repayment tenure from 6 months to 36 months | Need Based Loan, loan amount starts from Rs. 10,000 Quantum of loan should be determined based on the net weight of the jewel|ornament and rate per gram based on daily price quoted by Bank | Bank provides loan to individuals against pledge of gold ornaments to individuals aged between 18 years and 70 years. |
| Indusind Bank | 10% to 16% | Maximum 12 months | Maximum Rs. 20 lakh | Any person who owns Gold, and is between 18 and 70 years can avail a Gold Loan for their Personal use or Business use. No income proof needed for loans up to Rs 10 lakh. |
| Kotak Mahindra Bank Limited | 10% to 17% | Minimum 1 year to maximum 4 years | Rs. 25,000 to Rs. 25,00,000 | Any Resident Individual | Proprietor who owns Gold, and whose of above 18 years but below 75 years can avail a Gold Loan by keeping security of Gold ornaments | articles between 18 to 22 karats. Co-Borrower is required if Borrower's age is above 70 years. |
| Yes Bank | 12% onwards | Maximum 36 months | Minimum Rs. 25,000 and Maximum Rs. 50 Lakhs | Any individual between the ages of 18 and 65 is eligible to apply for a gold loan from YES BANK, provided they are in possession of the jewellery that will serve as security for the loan. |
| Laxmi Vilas Bank | 12% to 13.25% | Maximum 12 months | Maximum Rs. 30,00,000 | Based on the advance value per gram of gold as fixed by the Bank from time to time in respect of jewel advances and due appraisal by the Bank appraiser. |
| South Indian Bank | 14.80% to 15.05% | Maximum 12 months | Rs. 5,000 to Rs. 10 Crore | |
| Axis Bank | 17% | Flexible repayment tenure from 3 months to 36 months | Axis Bank Gold Loan which offers loan amounts from Rs. 25,001 to Rs. 25,00,000 against your gold ornaments or coins | Bank provides loan to individuals against pledge of gold ornaments to those between the ages of 18 and 75 years |
| Central Bank Of India | 8.45% to 8.55% | Maximum 12 months | Minimum Rs 10,000 and Maximum Rs. 40 lakh | |
| Hdfc Bank | 8.50% to 17.45% | Gold Loans is available for tenures starting from 3 months up to 24 months. | Need Based Loan Quantum of loan should be determined based on the net weight of the jewel|ornament and rate per gram based on daily price quoted by Bank | All individuals who own jewels. |
| Dhanalakshmi Bank | 8.50% to 9% | Maximum 12 months | Upto 85% of the value of gold ornaments. Overdraft facility available with the flexibility of partial release and pledge of gold. | Individuals, proprietorships, and partnership firms can avail the loan against gold ornaments owned by the individual, proprietor or any partner of the firm |
| Allahabad Bank | 8.65% to 9% | Maximum 35 months | Max. Rs 10 lakh. Quantum of loan should be determined based on the net weight of the jewel|ornament and rate per gram fixed from time to time or 70 % of market value of the jewels to be pledged, whichever is lower. | All individuals who own jewels. Age of the applicant should be between 21 years and 70 years |
| Indian Bank | 8.65% to 9% | Maximum 35 months | Max. Rs 10 lakh. Quantum of loan should be determined based on the net weight of the jewel|ornament and rate per gram fixed from time to time or 70 % of market value of the jewels to be pledged, whichever is lower. | All individuals who own jewels. Age of the applicant should be between 21 years and 70 years |
| State Bank Of India | 8.75% to 9.60% | Maximum 36 months | Minimum Rs.20,000 & Maximum Rs. 50 lakh | Anybody with Steady source of income aged 18 years and above |
| Bharatiya Mahila Bank Limited | 8.75% to 9.60% | Maximum 36 months | Minimum Rs.20,000 & Maximum Rs. 50 lakh | Anybody with Steady source of income aged 18 years and above |
| State Bank Of Mysore | 8.75% to 9.60% | Maximum 36 months | Minimum Rs.20,000 & Maximum Rs. 50 lakh | Anybody with Steady source of income aged 18 years and above |
| State Bank Of Hyderabad | 8.75% to 9.60% | Maximum 36 months | Minimum Rs.20,000 & Maximum Rs. 50 lakh | Anybody with Steady source of income aged 18 years and above |
| State Bank Of Patiala | 8.75% to 9.60% | Maximum 36 months | Minimum Rs.20,000 & Maximum Rs. 50 lakh | Anybody with Steady source of income aged 18 years and above |
| State Bank Of Travancore | 8.75% to 9.60% | Maximum 36 months | Minimum Rs.20,000 & Maximum Rs. 50 lakh | Anybody with Steady source of income aged 18 years and above |
| State Bank Of Bikaner And Jaipur | 8.75% to 9.60% | Maximum 36 months | Minimum Rs.20,000 & Maximum Rs. 50 lakh | Anybody with Steady source of income aged 18 years and above |
| Bank Of India | 8.80% | Maximum 18 months | Accordingly to the value of jewellery to be pledged, maximum- Rs 50 Lakh | Individual/Proprietorship Firm, who is lawful owner of gold jewellery/ ornaments/ coins. Finance to proprietorship firm for business purposes only. |
| Uco Bank | 8.80% to 9.40% | Maximum 60 months | Maximum amount that can be sanctioned per gram of standard gold will be decided by Head Office of the bank | Loan against security of gold ornaments can be made to all Borrowers who would avail such loan for Agriculture & Allied Activities, Activities related to Micro & Small Enterprises, Retail Trade, Housing, Education etc. Necessary declaration from the eligible borrowers will be required to be obtained specifying the purpose of such loan at the time of sanction. |
| Indian Overseas Bank | 8.85% to 8.90% | Maximum 35 months | Minimum finance under the scheme will be Rs.50,000 and the maximum will be Rs. 25 lakh. | Individuals who own jewels, engaged in business activities like small business|trade|professional and self-employed etc. |
| Federal Bank | 8.99% onwards | Maximum 12 months | Maximum amount per gram is up to 85% of the gold price. Minimum Loan Amount - Rs. 1,000 and Maximum Loan Amount - Rs. 150 lakh | Any person who owns Gold, and is between 21 and 70 years can avail a Gold Loan |
| Canara Bank | 9.25% | Maximum 24 months | Minimum Rs. 5,000 and Maximum Rs.35 lakh | Credit-worthy SB Account holders with satisfactory dealings or new customers properly introduced and credit-worthy. |
| Oriental Bank Of Commerce | 9.25% | Maximum 12 months | Minimum Rs 25,000 and maximum finance under the scheme will be Rs. 10 lakh per borrower | All individuals who own jewels. |
| Punjab National Bank | 9.25% | Maximum 12 months | Minimum Rs 25,000 and maximum finance under the scheme will be Rs. 10 lakh per borrower | All individuals who own jewels. |
| Syndicate Bank | 9.25% | Maximum 24 months | Minimum Rs. 5,000 and Maximum Rs.35 lakh | Credit-worthy SB Account holders with satisfactory dealings or new customers properly introduced and credit-worthy. |
| United Bank Of India | 9.25% | Maximum 12 months | Minimum Rs 25,000 and maximum finance under the scheme will be Rs. 10 lakh per borrower | All individuals who own jewels. |
| Bank Of Maharashtra | 9.30% | Maximum 24 months | Minimum- No minimum limit and Maximum Rs. 20 lakh | All individuals including Bank Staff desirous of availing Gold Loan against Gold Jewellery / ornaments. All individuals including Bank Staff desirous of availing Gold Loan against Gold Jewellery / ornaments. |
| Punjab And Sind Bank | 9.35% | Maximum 12 months | Accordingly to the value of jewellery to be pledged. Minimum Rs 10,000 and maximum finance under the scheme will be Rs. 25 lakh per borrower | Fully KYC Compliant Customers including staff members and ex-staff and their family members |
| Bank Of Baroda | 9.40% | Maximum 36 months | Maximum Rs.50 lakh | All individuals, being true owner of the gold ornaments/ jewellery & specially minted gold coins sold by the Banks (maximum up to 50 gm per borrower). The applicant must be Indian resident. |
| Dena Bank | 9.40% | Maximum 36 months | Maximum Rs.50 lakh | All individuals, being true owner of the gold ornaments/ jewellery & specially minted gold coins sold by the Banks (maximum up to 50 gm per borrower). The applicant must be Indian resident. |
| Vijaya Bank | 9.40% | Maximum 36 months | Maximum Rs.50 lakh | All individuals, being true owner of the gold ornaments/ jewellery & specially minted gold coins sold by the Banks (maximum up to 50 gm per borrower). The applicant must be Indian resident. |
| City Union Bank Limited | 9.50% | Maximum 12 months | Quantum of loan will be maximum of 75% of the market value of gold or 75% of the value of the gold ornaments as appraised by a bank approved appraiser whichever is lower(on gross weight) subject to scale of finance fixed from time to time. | Any person who owns Gold, and is between 21 and 70 years can avail a Gold Loan. Pledge of gold ornaments with purity between 22 carats to 24 carats only. |
| Dcb Bank Limited | 9.55% to 18% | Maximum 30 months | Quantum of loan should be determined based on the net weight of the jewel|ornament and rate per gram based on daily price quoted by Bank | All individuals who own jewels. |
| Tamilnad Mercantile Bank Limited | 9.60% to 10.70% | Maximum 12 months | Minimum Rs. 3,000 and Maximum Rs. 10 Lakhs for | Any Individual who is competent to enter into a valid contract and to create pledge other than Pawn Brokers and Money Lenders. |
| Andhra Bank | 9.75% | Maximum 12 months | Maximum of Rs.25.00 Lakh for non priority sector loans | Any individual owning gold ornaments/Jewelry/Coins, either singly or jointly. Pawnbrokers, Jewelers & Jewelry shop-owners are not eligible for Gold Loan. Loans can be granted against Gold Ornaments/Jewelry and specially minted pure Gold Coins sold by our Bank/other Banks. The weight of the coin(s) should not exceed 50 grams per customer. |
| Union Bank Of India | 9.75% | Maximum 12 months | Maximum of Rs.25.00 Lakh for non priority sector loans | Any individual owning gold ornaments/Jewelry/Coins, either singly or jointly. Pawnbrokers, Jewelers & Jewelry shop-owners are not eligible for Gold Loan. Loans can be granted against Gold Ornaments/Jewelry and specially minted pure Gold Coins sold by our Bank/other Banks. The weight of the coin(s) should not exceed 50 grams per customer. |
A Gold loan in India is offered by several banks at a lower interest rate starting at 12% to 15% as on Jul 2025 These loans allow you to repay them in maximum of 1 Years. Banks offer the best Home loan schemes and you can repay the loan through easy EMIs.
While opting for gold loan check the interest rates in various banks and select the best offered rate out of them.
Benefit of Gold Loan
- You need not submit any income proof for taking gold loan as it is given against physical security of your gold | gold ornaments. Most of the banks do not ask you any income proof, still some banks may need some documentary income proof.
- Minimal documentation is required, in most of the cases, only identity proof and address proof is enough.
- Gold Loan is available at lower interest rate than personal loan. The gold loan interest rates offered by banks is around 8.45% as on Jul 2025 whereas the personal loan rates are in the range from 8.45% p.a. onwards as on Jul 2025
- Fast processing and approval. Whole process does not take more than 15 minutes in many banks. You have to just deposit gold, sign required documents and receive your loan amount.
- Processing fee is nil or very negligible. Even if there is some processing fee, if you negotiate, it can be waived off easily.
- You can repay the loan and close your loan account anytime.
- Guarantor is not required.
