Loan Amount
Up to ₹50 Lakhs
Interest Rate 
Starting at 11% p.a.
Loan Tenure
Up to 12 Months

Gold Loan Interest Rates 

Gold Loan interest rates determine the affordability of a Gold Loan by influencing the total interest payable and the monthly EMI amount on a Gold Loan. While the actual rate of interest can vary from lender to lender, Gold Loan interest rates are influenced by factors such as loan amount, tenure, and the purity of gold. Poonawalla Fincorp’s competitive Gold Loan interest rates start at just 11%* per annum, ensuring lower EMIs and affordable borrowing for our customers.

Up to 75% Loan-to-Value
Get more value from your gold with up to 75% LTV. Empower your dreams with a high loan amount.

Competitive Interest Rates
Benefit from affordable Gold Loan interest rates and enjoy lower EMIs and total interest payable for your Gold Loan.

Zero Hidden Charges
Enjoy complete transparency without any hidden fees and experience a hassle-free borrowing experience.

Complete Safety & Security of Gold
Borrow with complete peace of mind with complete safety and security of your pledged gold.

Minimal Paperwork
Apply easily with minimal paperwork. Submit basic KYC documents online or at your nearest branch to avail our Gold Loan.

Understanding the various factors that impact Gold Loan interest rates helps you make informed decisions. Below are the most important factors that directly influence Gold Loan rate of interest.

  • Gold Purity: Gold that is higher in purity (24K/22K) inherently has more value and hence helps you secure lower interest rates.
  • Loan Amount: A larger loan amount can impact the interest slab offered to you and thereby influence Gold Loan interest rates.
  • Loan Tenure: Shorter tenures often help obtain lower interest rates compared to a longer tenure due to lower risk over time.
  • Credit Profile: A good credit score with a record of on-time past repayments poses lower lending risk and lower Gold Loan interest rates.
  • Market Conditions: Market-related factors such as demand for gold, volatility in gold prices etc., influence Gold Loan interest rates.

Gold Loan interest rates are influenced by factors like loan amount and loan tenure. Additionally, the purity of gold, lender’s internal policies, and your credit profile also influence the interest rate.  

A higher loan amount and a shorter repayment tenure often leads to lower Gold Loan interest rates. For example, if you secure a Gold Loan of ₹1,00,000 at 12% p.a. interest rate, the yearly total interest payable is ₹12,000.  

Therefore, choosing a shorter tenure and applying for a Gold Loan with a good credit profile can help you secure the most competitive Gold Loan interest rates.

Gold Loan interest rates are offered in two most common formats as below:

  • Fixed Interest Rates: In this type, the Gold Loan interest rate offered remains fixed throughout the entire Gold Loan tenure. The most important advantage of fixed rates is the predictable EMI amount and ease of budgeting.
  • Floating Interest Rates: Floating interest rates means your Gold Loan interest rates varies with changes in market factors such as the value of gold and RBI’s policies. Fixed rates can be beneficial when gold rates are expected to fall.

Frequently Asked Questions

Loan value = Weight of gold (in grams) × Purity × Current price of gold per gram × LTV ratio 

Enter the weight and purity of your ornaments, along with the current gold price. The calculator will instantly show the maximum loan amount you can avail. 

For 10 grams of 22-karat gold jewellery, you can generally get a loan of approximately ₹35,000 to ₹45,000+, depending on the daily gold rate and lender's Loan-to-Value (LTV) ratio, which is typically up to 75%–85% of the market value. The final amount depends on the purity, weight (excluding stones), and 30-day average price.  

  • Gold bars: Not accepted. 

  • Coins: Only coins minted by banks are accepted, with a typical limit of 50 grams per customer. 

  • Jewellery/ornaments: Fully accepted for valuation. 

Many lenders in India offer gold loan, but Poonawalla Fincorp stands out with loan amounts up to ₹50 lakhs, starting at 11% p.a.