Gold Loan 50K+ Monthly Searches June 2026 · Karthik, Vijayawada AP · 8 min read

SBI Gold Loan 2026 Interest Rate 8.80%, Process, Per Gram, Documents

Complete guide to SBI Gold Loan 2026. Lowest rate 8.80% among banks, per gram loan amount, repayment options, documents needed. Compare with Muthoot and Manappuram.

SBI Gold Loan Schemes & Rates — 2026

Scheme	Rate	Tenure	Purpose
SBI Personal Gold Loan	8.80% p.a.	Up to 36 months	Any personal purpose
SBI Liquid Gold Loan (OD)	8.80% p.a.	12 months (renewable)	Overdraft — draw/repay anytime
SBI Agricultural Gold Loan	7.00% p.a.	12 months	Farm expenses (farmers only)

SBI Gold Loan Per Gram — June 2026

Gold Purity	Gold Rate/gram	SBI Loan/gram (75%)	On 50 grams
24K pure bar	₹7,480	₹5,610	₹2,80,500
22K jewellery	₹6,850	₹5,138	₹2,56,875
18K jewellery	₹5,610	₹4,208	₹2,10,375

Documents for SBI Gold Loan

Aadhaar card (mandatory)
PAN card (mandatory for loans above ₹50,000)
Passport size photograph
Gold ornaments/jewellery/coins (minimum 22K purity)
No income proof required
No CIBIL score required

SBI vs Muthoot vs Manappuram

Feature	SBI	Muthoot	Manappuram
Interest Rate	8.80% (Lowest)	11.00%	12.00%
Processing Time	2-4 hours	15 minutes	15 minutes
Branches	22,500	5,600	4,800
Online Management	Partial (YONO)	Fully digital	Fully digital

SBI saves ₹2,200-3,200/year per ₹1 lakh loan vs private lenders. If you can wait 2-4 hours: SBI. Emergency in 15 minutes: Muthoot/Manappuram.

FAQs

Can I pay only interest on SBI gold loan monthly? +

Yes! SBI gold loan offers flexible repayment: (1) Regular EMI — principal + interest monthly, (2) Interest-only monthly + principal at end (bullet repayment), (3) Overdraft facility — pay anytime. For seasonal income earners (farmers, traders), bullet repayment is ideal — pay interest monthly, principal when income arrives.

Is gold safe with SBI? +

Yes, completely safe. SBI stores pledged gold in secure branch lockers with insurance against theft and damage. SBI has been doing gold loans for 100+ years with zero reported cases of gold loss. Gold is returned intact within 24-48 hours of full loan repayment.