✓ No Limit on Loan Amounts ✓ Interest Rate Starting @0.74% p.m. ✓ Minimal Documentation Apply Now

Canara Bank offers a number of loan products, including gold loans to meet short-term as well as long-term liquidity requirements. Through these, you can borrow amounts as high as ₹35 Lakhs at interest rates starting from just 9.25% p.a. Furthermore, you can repay the loan over flexible tenures ranging up to 2 years. Choose a loan option from Swarna Loan, Swarna Express, and Swarna Overdraft, as per your requirements.

Interest Rates and Charges

The Canara Bank Gold Loan interest rates and other charges are as follows:

Interest rate

Starts from 9.25% p.a.

Service Charges

0.50% of the loan amount or up to ₹5,000

*Disclaimer: The aforementioned details are subject to change at the lender’s discretion. 

Calculate Your Gold Loan EMI

Loan Amount
  • Months
  • Years
Rate of Interest

Monthly EMI

at % interest rate for months

Total Amount Payable
Principal Amount
Total Interest Amount

Gold Loan Amortisation Schedule

Year Principal Interest Balance

Features and Benefits

High Loan Amounts

Fulfil all your immediate requirements by borrowing an amount ranging from ₹5,000 to ₹35 Lakhs

Loan Type

Opt for either an overdraft (OD) facility or a single transaction limit (STL) option

Zero Prepayment Penalties

No need to pay any additional charges when you opt for pre-closure or prepayment facilities

Flexible Tenure

Enjoy a repayment period of up to 2 years with these loans

Simple Procedure

You do not need a guarantor or income proof when applying for the loan

Easy Repayments

You can make easy online or offline bullet repayments with compounded monthly interest

Minimal Paperwork

Apply for a this loan by submitting just a few basic documents like your income and address proof

Types of Canara Bank Gold Loan Schemes

Canara Bank offers 3 types of gold loans to its customers. These include:

  • Canara Swarna Loan

With a Canara Swarna Loan, you can get a loan that amounts up to 65% of the mortgaged gold’s market value. Borrow as much as ₹35 Lakhs over flexible tenures ranging over 12 months. It is a single transaction limit credit facility that can be repaid through bullet payments along with interest.

  • Canara Swarna Express

Canara Swarna Express enables you to get up to 70% of your gold asset’s appraised value. You can benefit from the convenience and ease of flexible repayment periods of up to 12 months. Make bullet payments and repay this single transaction limit loan at your convenience.

  • Canara Swarna Overdraft

Apply for a Canara Swarna Overdraft facility and secure a loan quantum of up to ₹35 Lakhs for tenures ranging up to 24 months. Under these, you will be required to pay the interest on a monthly basis. 

Eligibility Criteria and Documents Required

Here are some criteria you will be required to fulfil when applying for this loan:

  • Applicant must be a resident of India or an NRI

  • Applicant must submit gold that is either in the form of specially minted coins (up to 50 gm per individual) and/or jewellery

  • Applicant must be the true owner of the gold submitted

  • Applicant must adhere to the KYC requirements

Here are the documents required to apply for a Canara Bank Gold Loan:

1. Identity Proof - Any one of the following

2. Address Proof - Any one of the following 

  • Recent utility bills

  • Passport

  • Ration card

  • Aadhaar card

How to Apply

You may apply for the Canara Bank Gold Loan by visiting your nearest designated branch and speaking to a representative. Furthermore, you can also apply for the loan online on the bank’s official website. Here’s how:

  • Visit the Canara Bank’s official website

  • Select ‘LOANS’, then click on ‘GOLD LOANS’

  • Enter the loan amount and preferred repayment tenure

  • Navigate and choose the scheme you wish to opt for

  • Slide the carousel displayed on the screen and click on ‘APPLY NOW’

  • Enter your mobile number and the captcha code

  • Fill in your personal and professional details and submit the application form

  • Following this, a bank representative will reach out to you and guide you through further proceedings.

How to Apply for home loan


The information and suggestions provided by BFDL hereinabove is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.

The information including interest rates or fees, loan amount and other charges with regard to any product, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

Read More


Yes, the pledged gold is safely stored in a vault and will be returned back to you once you’ve cleared your outstanding balance.

You will get your pledged gold jewellery after you’ve cleared the outstanding loan balance.

Loan Offer
Download App
Credit Score