Today's Gold Rate (22K): ₹6,850/gram · 24K: ₹7,480/gram
Banks lend up to 75% of gold value (LTV ratio as per RBI). Example: 10 grams of 22K gold (₹68,500) → max loan ₹51,375. Use our calculator to find your exact eligible amount.
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🏦 Select Your Lender
Click to auto-fill current gold loan interest rates
🏛️ SBI Gold Loan
8.80% p.a.
Max LTV 75% · Up to 3 years
🏦 HDFC Bank
9.50% p.a.
Max LTV 75% · Up to 2 years
🏦 ICICI Bank
11.00% p.a.
Max LTV 75% · Up to 1 year
🏛️ Canara Bank
9.25% p.a.
Max LTV 75% · Up to 2 years
🥇 Manappuram
12.00% p.a.
Instant loan · Up to 1 year
🥇 Muthoot Finance
11.00% p.a.
Instant loan · Up to 1 year
🏢 IIFL Finance
10.50% p.a.
Doorstep service · 3 years
🏦 Axis Bank
9.50% p.a.
Max LTV 75% · Up to 2 years
🥇 Gold Loan Calculator
Choose what you want to calculate — loan amount from gold weight, or EMI from loan amount.
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%
Months
EMI Results
Monthly EMI₹0
Total Interest₹0
Total Payable₹0
Loan Amount₹0
Principal 60%
Interest 40%
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Gold Loan Interest Rates — All Banks & NBFCs 2026
| Lender | Interest Rate | Max LTV | Max Tenure | Processing Fee |
|---|---|---|---|---|
| SBI Gold Loan | 8.80% p.a. | 75% | 36 months | 0.50% + GST |
| Canara Bank | 9.25% p.a. | 75% | 24 months | ₹500 + GST |
| Axis Bank | 9.50% p.a. | 75% | 24 months | 1% + GST |
| HDFC Bank | 9.50% p.a. | 75% | 24 months | 1% + GST |
| ICICI Bank | 11.00% p.a. | 75% | 12 months | 1% + GST |
| Muthoot Finance | 11.00% p.a. | 75% | 12 months | Minimal |
| IIFL Finance | 10.50% p.a. | 75% | 36 months | Minimal |
| Manappuram Finance | 12.00% p.a. | 75% | 12 months | Minimal |
| PNB Gold Loan | 9.50% p.a. | 75% | 24 months | 0.70% + GST |
| Bank of India | 10.00% p.a. | 75% | 24 months | 0.50% + GST |
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Gold Loan Per Gram — How Much Can You Get?
| Gold Purity | Per Gram Rate | Loan per gram (75% LTV) | 10 grams loan | 50 grams loan |
|---|---|---|---|---|
| 24 Karat (Pure Gold) | ₹7,480 | ₹5,610 | ₹56,100 | ₹2,80,500 |
| 22 Karat (Standard Jewellery) | ₹6,850 | ₹5,138 | ₹51,375 | ₹2,56,875 |
| 18 Karat | ₹5,610 | ₹4,208 | ₹42,075 | ₹2,10,375 |
| 14 Karat | ₹4,370 | ₹3,278 | ₹32,775 | ₹1,63,875 |
*Based on current gold rate of ₹7,480/gram for 24K. Rates change daily. Banks may offer slightly different valuations.
Gold Loan vs Personal Loan vs FD — Which is Best?
| Feature | Gold Loan | Personal Loan | FD Loan |
|---|---|---|---|
| Interest Rate | 8.8% - 12% | 12% - 24% | 1% above FD rate |
| Processing Time | Same day (15 min) | 2-7 days | Instant |
| CIBIL Score Required | Not required | 750+ preferred | Not required |
| Income Proof | Not required | Required | Not required |
| Maximum Amount | 75% of gold value | Up to ₹50L | Up to 90% of FD |
| Best For | Quick cash, no income proof | No gold/FD, good credit | Have FD, need loan |
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Frequently Asked Questions
How much gold loan can I get per gram? +
Banks give up to 75% of the current gold market value (LTV ratio as per RBI). For 22K gold at ₹6,850/gram, you get ₹5,138 per gram. For 10 grams = ₹51,375 loan. Use our calculator above for exact amount.
Is gold loan interest tax deductible? +
Gold loan interest is tax deductible only if the loan is used for business purposes. If used for personal needs, no tax deduction is available. If used to buy a house, interest can be claimed under Section 24(b) up to ₹2 lakh.
What happens if I can't repay gold loan? +
If you default on gold loan repayment, the lender has the right to auction your pledged gold after sending legal notices. Unlike personal loan defaults, there is no impact on your CIBIL score from gold loan defaults (since it's secured). But you permanently lose your gold.
SBI vs Manappuram — which gold loan is better? +
SBI offers much lower interest (8.8% vs 12%) but takes longer to process. Manappuram gives instant loans in 15 minutes. Choose SBI for lower cost, Manappuram for speed and convenience especially for smaller amounts.
Can I get gold loan without income proof? +
Yes! Gold loans do not require income proof, salary slips, ITR or CIBIL score. Just your gold and basic KYC documents (Aadhaar + PAN). This makes gold loan ideal for farmers, self-employed, and those with irregular income.
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