Gold Loan
Unlock the Value of Your Gold
Pledge your gold ornaments safely and get instant funds. Compare leading gold loan offers starting at 7.35% p.a. with flexible repayment options and maximum Loan-to-Value (LTV) ratios.
- Rates from 7.35% p.a.
- Up to 75% LTV
- Flexible Repayment
- No Credit Check Needed
Check Gold Loan Value
Get the best value for your ornaments.
Check Loan Eligibility in 2 Minutes
Compare rates from 30+ lenders without affecting your credit score
Gold Loan Interest Rates 2026
Compare the latest interest rates and per-gram valuation from leading financial institutions in India.
| Lender Name | Interest Rate (p.a.) | Processing Fee | Loan Amount |
|---|---|---|---|
| State Bank of India (SBI) | 7.35% - 8.25% | 0.25% of loan amount + GST | ₹20,000 - ₹50 Lakhs |
| HDFC Bank | 8.50% - 16.00% | 1% of loan amount + GST | ₹25,000 - No upper limit |
| Muthoot Finance | 9.90% - 24.00% | ₹10 to ₹5,000 depending on scheme | ₹1,500 - No upper limit |
| Manappuram Finance | 10.90% - 26.00% | Up to 1% of the loan amount | ₹1,000 - ₹1.5 Crore |
| Bajaj Finserv | 8.00% - 22.00% | Up to 1.5% of loan amount | ₹5,000 - ₹2 Crore |
Flexible Gold Loan Repayment Modes
Gold loans offer some of the most flexible repayment methods tailored to your cash flow capabilities.
01. Standard EMI
Pay a fixed Equated Monthly Installment (EMI) comprising both principal and interest components every month.
02. Pay Interest Only (Bullet Principal)
Pay only the interest portion monthly. The entire principal amount is repaid in a single bullet payment at the end of the loan tenure.
03. Complete Bullet Repayment
Pay absolutely nothing during the loan tenure. The accumulated interest and the principal are paid together when the loan matures.
Eligibility and Documents
Gold loans are incredibly easy to secure with minimal paperwork and no income proof requirements.
Eligibility Criteria
- Age: Minimum 18 years; Maximum 70 years.
- Asset Quality: Gold ornaments ranging from 18K to 24K purity.
- Income Proof: Not required for most schemes.
- Credit Score: Not required. Ideal for individuals with low or no CIBIL score.
Documents Required
- Identity Proof: PAN Card, Aadhaar Card, Passport, Voter ID, or Driving License.
- Address Proof: Aadhaar Card, Utility bills, or Rental agreement.
- Signature Proof: Passport or Banker's verification.
- Photographs: 2 recent passport-sized photographs.
Frequently Asked Questions
While there is no single fixed cutoff, a credit score of 720 to 750 or above is generally considered favorable by most banks and financial institutions. A higher score increases your chances of approval and helps you secure lower interest rates and higher loan amounts.
Yes, it is possible to secure a personal loan with a lower credit score (under 650), but you may face higher interest rates, a smaller loan amount, or shorter repayment tenures. Additionally, applying with a co-signer who has strong credit or offering collateral (where applicable) can improve your chances.
The general documents required include: 1) Proof of Identity (PAN Card, Aadhaar Card, Passport, etc.), 2) Proof of Address (Passport, Utility Bills, Aadhaar Card), 3) Income Proof (Salary slips for the last 3 months, Form 16, or ITR for self-employed), and 4) Bank statements for the last 3 to 6 months.
Thanks to digital integrations, basic approval (pre-approval) on aggregator platforms like ours can happen in a few minutes. Final verification and disbursement by the lender typically takes between 24 to 48 working hours, depending on physical verification or documentation completion.