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

A gold loan from SBI can help you borrow amounts of up to ₹50 Lakhs at affordable rates starting from 8.75% p.a. You can repay the loan over flexible tenures of up to 36 months. Furthermore, on the basis of your income and financial situation, you can choose to repay the loan through bullet payments or EMIs.

Interest Rates and Charges

The SBI Gold Loan Interest rates and other charges are as follows:

Interest Rate

8.75% p.a. onwards

Processing Fee

₹200 + GST to 0.50% 

Foreclosure Charges


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

Features and Benefits

High Loan Amounts

Get amounts of up to ₹50 Lakhs by mortgaging your gold jewellery and coins

Low Interest Rates

Benefit from interest rates starting from as low as 8.75% p.a.

Flexible Repayment

Choose to repay the loan through bullet or EMI option, as per your convenience

High LTV Ratio

Borrow up to 75% of your gold’s appraised value

No Income Proof

It is not mandatory to submit your income proofs. However, you must have the repayment capability.

Multi-purpose Loan

Use the amount borrowed to meet various financial requirements like medical emergencies and urgent trips

Loan Types

Choose from SBI Personal Gold Loan and SBI Realty Gold Loan as per your requirements

Eligibility Criteria and Documents Required

Individuals with a stable source of income can apply for this loan. They should be over 18 years of age. For the SBI Realty Gold Loan, the applicant needs to have a home loan offered by the bank. Alongside this, you will also be required to submit the following documents:

  • Complete the application form with two passport-size photographs

  • Identity and Address Proof: Any one of the following

  1. Aadhaar card

  2. Voter ID

  3. Driving Licence

  • Witness letter in case the borrower is a literate

How to Apply

Follow these simple steps to apply for an SBI Gold Loan:

  • Visit the State Bank of India’s official website

  • Navigate to the ‘Loans’ tab and select ‘Gold Loan’

  • Click on the ‘Apply Now’ option on the right side of the screen

  • Choose your relationship with the bank (Yes or No)

  • Enter your personal details like name, gender, address, etc.

  • Provide your required loan amount and other details

  • Check your eligibility and submit your application

  • A representative will reach out to you for further proceedings.

Apply for a Gold 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


How can I repay my SBI Gold Loan?

If you've opted for a demand loan, you can easily manage your repayments through monthly EMIs. Meanwhile, if you have chosen the bullet repayment facility, you can pay both the principal and interest either on or before the loan’s maturity.

Is it possible to get a loan against gold coins purchased from other private or nationalised Banks?

Yes. You can get a loan against specially minted gold coins sold by various banks, with a maximum weight limit of 50 grams per customer.

Loan Offer
Download App