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

Unlock financial possibilities with a Federal Gold Loan, available at affordable interest rates starting from 8.15% p.a. Get up to ₹1.5 Crores and fulfil your personal, business, or agricultural needs. Enjoy convenient various repayment options like lumpsum payments and flexible EMIs. Choose a tenure that suits your requirements and pay the loan in a hassle-free manner.

Interest Rates and Charges

Here are the Federal Gold Loan interest rates and charges:

Interest Rate

8.15% p.a. onwards

Processing Fee

0.25% of the loan amount (Subject to a minimum of ₹500)

Penal Interest


*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 LTV Ratio

Borrow up to 90% of your gold’s appraised value with these loans

No Hidden Charges

Federal Bank offers gold loans with 100% transparent terms and conditions. Thus, you do not have to pay any hidden charges.

Multiple Repayment Options

Opt for regular EMIs, choose to make bullet/partial repayments, or pay the interest as EMIs and repay the principal at the end of the tenure.

Minimal Paperwork

Submit just a few essential KYC documents and enjoy a smooth application process

Types of Federal Gold Loan Schemes

Federal Bank offers various gold loan schemes to meet the needs of a wide range of borrowers. These include:

1. Doorstep Gold Loan

Experience the ease of securing gold loans from the comfort of your home with Federal Bank's doorstep service. Disbursement and release happen conveniently at your doorstep, eliminating the need for branch visits. Federal Bank extends this service across major cities including Mumbai, Chennai, Bangalore, Hyderabad, and more.

2. DIGI Gold Overdraft

With this scheme, you can pledge your items with the bank and withdraw up to 72% of the value of your gold when in need of immediate funds. You can also get an alternate locker facility and free insurance coverage for your precious ornaments. With a DIGI Gold Overdraft, you can secure amounts as high as ₹1.5 Crores and fulfil all your personal requirements.

3. Fed Smart Saver Gold Loan

The interest rate offered on this loan starts from just 8.15% p.a. This loan is affordable and has a lower repayment cost compared to other gold loans offered by Federal Bank. Furthermore, you can choose to make bullet repayments and return the entire corpus at the end of the set tenure.

Eligibility Criteria and Documents Required

Gold loans from Federal Bank come with easy eligibility parameters, which makes the application process simple. These include:

  • Applicants need to be over the age of 18 years

  • The ornaments to be pledged must be of 22 Karats

In addition to this, you are also required to submit the following documents:

  • Identity proof: Any one of the following

    1. Aadhaar card

    2. Passport

    3. Voter ID, etc.

  • Passport-size photograph

  • Address proof like utility bills

Note that the bank may ask you to submit additional documents if needed.

How to Apply

You can apply for a gold loan from Federal Bank through an easy online process. Simply follow these steps:

  • Visit the official Federal Bank website 

  • Navigate to the ‘Federal Gold Loans’ page and click on ‘Apply Online’

  • Fill in the application form with your personal details and the provided captcha code

  • Cross-check the details and submit your application

After this, a bank representative will get in touch with you regarding further steps and guide you through the documentation process.


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 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, trade names, 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


You can reach out to Federal Bank customer care by dialling +91-484-2630994.

The maximum gold loan that Federal Bank offers is ₹1.5 Crore. However, the corpus you can get depends on the purity of gold items, their weight, and the loan LTV.

Yes, with the part release facility, you can get some of the mortgaged jewellery back by paying an amount that is equivalent to its value.

The minimum loan amount for gold loans from Federal Bank is ₹1,000.

Loan Offer
Download App
Credit Score