What is the gold loan interest rate today in India?

Gold loan interest rates in India typically start from around 8.75% per annum and can go up to 15% depending on the lender, tenure, loan amount, repayment type and scheme.

Which bank has the lowest gold loan interest rate?

Public sector banks like SBI often offer some of the lowest gold loan interest rates, but the final rate depends on scheme, loan amount and repayment type.

What is the maximum LTV allowed for gold loans?

As per RBI guidelines, the maximum Loan-to-Value (LTV) allowed on gold loans is typically up to 75% of the gold value.

Is gold loan interest calculated monthly or yearly?

Gold loan interest rates are shown as annual percentage rate (per annum), but interest may be charged monthly depending on the repayment scheme.

Do NBFC gold loans have higher interest than banks?

NBFC gold loans can have slightly higher interest rates than banks, but they may offer faster disbursal, flexible repayment and easier eligibility.

Gold Loan Interest Rate Today in India

Last updated: 04 March 2026

Compare gold loan interest rates from top banks and NBFCs in India. See minimum & maximum rates, processing fees, tenure and RBI LTV limits.

Best Gold Loan Rate Today: 8.75%

Lowest rate currently listed: SBI Gold Loan. Rates vary by scheme, repayment type and loan amount.

Lowest rate (starting)

8.75% p.a.

Updated today

Maximum RBI LTV

75% of gold value

RBI guideline

Typical tenure

3 – 36 months

Depends on lender

Gold Loan Interest Rates – Bank Comparison

Lender	Interest Rate	Processing Fee	LTV	Tenure
SBI Gold Loan Bank • Trust: High	8.75% – 11.50% per annum (p.a.)	₹0 – ₹500	Up to 75%	Up to 36 months	View details
HDFC Gold Loan Bank • Trust: High	9.10% – 12.00% per annum (p.a.)	₹0 – ₹1,000	Up to 75%	Up to 24 months	View details
ICICI Gold Loan Bank • Trust: High	9.25% – 12.50% per annum (p.a.)	₹500 – ₹1,500	Up to 75%	Up to 24 months	View details
Axis Bank Gold Loan Bank • Trust: High	9.50% – 13.00% per annum (p.a.)	₹500 – ₹1,500	Up to 75%	Up to 24 months	View details
Muthoot Finance Gold Loan NBFC • Trust: High	9.25% – 14.00% per annum (p.a.)	Varies	Up to 75%	Up to 12 months	View details
Manappuram Gold Loan NBFC • Trust: High	9.50% – 15.00% per annum (p.a.)	Varies	Up to 75%	Up to 12 months	View details

Gold Loan Calculators (Free)

These tools help you estimate EMI, interest, and eligible loan amount using gold price today.

Gold Loan EMI Calculator

Calculate monthly EMI for gold loan based on interest rate, tenure and amount.

EMI • Interest • Total

Gold Loan Eligibility Calculator

Estimate how much loan you can get for your gold (grams + purity).

Gold value • LTV • Eligible

Gold Loan Interest Calculator

Calculate total interest payable under different repayment schemes.

Interest • Schemes • Compare

Gold loan interest rate: what you should know

A gold loan is a secured loan where you pledge gold jewellery or coins as collateral. The lender values your gold and offers a loan amount based on the current market price and the RBI allowed LTV (Loan-to-Value) limit.

The gold loan interest rate today depends on multiple factors such as the lender, scheme type, repayment mode, tenure and loan amount. Banks generally offer lower interest rates compared to NBFCs, while NBFCs may provide faster disbursal and easier approval.

Before choosing a lender, compare the minimum interest rate, maximum interest rate, processing fees, foreclosure charges and repayment flexibility. Even a small difference in rate can significantly impact the total interest paid.

RatesToday will continuously expand this section with lender-wise details, city-wise branch pages, and gold-loan calculators for EMI and eligibility.

FAQs

What is the lowest gold loan interest rate today?
The lowest gold loan rates can start from around 8.75% p.a. depending on scheme and lender.

How much gold loan can I get?
Most lenders offer up to 75% of your gold’s value based on RBI LTV guidelines.

Do banks or NBFCs offer better gold loan rates?
Banks usually offer lower rates, while NBFCs may offer faster approval and flexible repayment.

Is gold loan interest calculated daily?
Interest is usually shown per annum, but charged monthly or daily depending on the scheme.