Federal Bank
Federal Bank Gold Loan
Rate from10.00%
Max amount₹1 Cr
EMI/L · 1y₹8,792
DisbursalSame day
- Narrow rate band (10–14%)
- Low processing fee (0.5%)
CIBIL: 650+ · Salaried · Self-employed · Professional
★ FeaturedGold Loan
SBI Gold Loan
State Bank of India
BANK · Since 1955
SBI Gold Loan — lowest rates among gold-loan lenders, daily-updated per-gram rate, and bullet repayment option.
Interest rate8.25%– 9.75%
Up to₹50 Lmax amount
DisbursalSame day
Min CIBIL600+
Calculate your EMI
Move the sliders to see monthly EMI, total interest, and total cost of this loan.
₹3,00,000
1 year
8.25%
Your actual rate depends on your credit profile, income, and employer category.
Monthly EMI
Total interest
Total payment
Processing fee (0.5%)
Total cost of this loan
✨ interest + processing fee
Key features
- Lowest gold loan rates
- Per gram rate updated daily
- Bullet repayment option
Who is this loan best for?
Anyone needing the cheapest gold loan — SBI’s rate is typically 2-4% below the big gold-loan NBFCs.
Rate and prepayment
This is a floating-rate loan. No prepayment penalty — you can foreclose or pre-pay any amount at any time, free of charge (RBI mandate for floating-rate individual loans).
Compare with other gold loans
HDFC Bank
HDFC Bank Gold Loan
Rate from10.50%
Max amount₹50 L
EMI/L · 1y₹8,815
DisbursalSame day
- Bank safety of gold storage
- Overdraft option against gold
CIBIL: 650+ · Salaried · Self-employed · Professional
ICICI Bank
ICICI Bank Gold Loan
Rate from10.50%
Max amount₹1 Cr
EMI/L · 1y₹8,815
DisbursalSame day
- Starts as low as ₹10,000
- High per-gram rate
CIBIL: 650+ · Salaried · Self-employed · Professional
Muthoot Finance
Muthoot Finance Gold Loan
Rate from12.00%
Max amount₹1 Cr
EMI/L · 1y₹8,885
Disbursal5 minutes
- Largest gold loan NBFC
- 5,700+ branches
CIBIL: 600+ · Salaried · Self-employed · Professional