Indian Bank offers gold loans with interest rates ranging from 8.50% to 8.80% per annum as of 2026. These rates are competitive, especially for agricultural jewel loans, which can start as low as 7.00% p.a. The bank provides loans up to ₹50 Lakhs against gold, with a Loan-to-Value (LTV) ratio of up to 75% of the gold’s market value.
| Parameter | Details |
|---|---|
| Indian Bank Gold Loan Interest Rate (General) | 8.50% to 8.80% p.a. (2026) |
| Indian Bank Gold Loan Interest Rate (Agri Jewel Loan) | As low as 7.00% p.a. Onwards (2026) |
| Indian Bank Gold Loan Per Gram Rate (22-carat gold) | ₹4,000 to ₹5,500 (2026) |
| Indian Bank Gold Loan Per Gram Interest Rate | 8.95% to 9.75% (2026) |
| Maximum Loan Amount (Jewel Loan) | Up to ₹50 Lakhs |
| Maximum Loan Amount (MSME Jewel Loan up to ₹10 Lakhs) | 8.70% p.a. |
| Maximum Loan Amount (MSME Jewel Loan above ₹10 Lakhs) | 9.00% p.a. |
| Loan to Value (LTV) Ratio | Up to 75% of gold’s market value (per RBI norms) |
| Processing Fee (for loans up to ₹1,00,000) | Nil |
| Processing Fee (for loans above ₹1,00,000) | Small per-lakh fee (verify with lender) |
| Loan Tenure (Jewel Loan – Bullet Repayment) | Up to 1 year |
| Loan Tenure (Jewel Loan – Monthly Repayment) | Up to 35 months |
| Loan Tenure (OD Against Gold Jewels) | 1 year (renewable) |
| Eligible Applicants (Jewel Loan) | General public, women applicants, senior citizens |
| Eligible Applicants (Agri Jewel Loan) | All individual farmers |
| Toll-free Customer Care | 1800-425-0000, 1800-425-4422 |
Indian Bank’s gold loan offerings are designed to meet diverse financial needs, from agricultural requirements to personal expenses, with flexible repayment options and competitive rates.
Indian Bank Gold Loan Schemes & Rates
Indian Bank offers gold loans with interest rates ranging from 8.50% to 9.15% per annum as of 2026, depending on the scheme and repayment method. Borrowers can access up to ₹50 lakh under the Jewel Loan scheme, with special rates available for agricultural purposes.
| Scheme Type | Interest Rate (p.a.) | Key Feature |
|---|---|---|
| Jewel Loan (General Public, Women, Senior Citizens) | 8.50% to 8.80% | Loan up to ₹50 Lakhs; No processing fee for loans up to ₹1 lakh |
| Agri Jewel Loan | As low as 7.00% onwards | For agricultural activities and working capital; Jewel appraiser and processing charges applicable |
| Jewel Loan (Bullet Repayment) | 8.65% | Entire loan amount + interest repaid at the end of the tenure (up to 1 year) |
| Jewel Loan (EMI Repayment) | 9.15% | Loan amount repaid in monthly installments including interest (up to 35 months) |
| OD Against Gold Jewels | 8.75% onwards | Overdraft facility for 1 year (renewable); OD limit re-evaluated based on market value and LTV |
| MSME Jewel Loan (up to ₹10 Lakhs) | 8.70% | Designed for Micro, Small, and Medium Enterprises |
| MSME Jewel Loan (above ₹10 Lakhs) | 9.00% | Higher loan amounts for MSME sector needs |
| Indian Bank Gold Loan (General) | 8.75% onwards | Loan tenures up to 35 months; For personal and business needs (non-speculative) |
| Indian Bank Gold Loan (Per Gram Rate) | 8.80% onwards | Up to 75% LTV; Agri rates from 7%; Per gram rate ₹4,000-₹5,500 (22-carat) |
| Indian Bank Gold Loan (General) | 8.95% to 9.75% | Flexible repayment terms; Low processing fees (max 0.3%) |
Indian Bank offers competitive interest rates and various schemes to cater to diverse financial needs, from agricultural funding to personal and business requirements.
Gold Loan Interest Rates: Indian Bank Vs. Others
Indian Bank offers competitive gold loan interest rates, ranging from 8.50% to 8.80% per annum as of 2026. This positions IT favorably against other major Indian banks and NBFCs, which typically offer rates between 7% and 16.95% p.a. The maximum Loan-to-Value (LTV) ratio for gold loans is capped at 75% by RBI norms for most loan amounts, though IT can be up to 85% for loans under ₹2.5 lakh.
| Bank/NBFC | Interest Rate (p.a.) | Max LTV |
|---|---|---|
| Indian Bank | 8.50%-8.80% (2026) | 75% |
| Indian Overseas Bank (IOB) | 7%-11.60% (2026) | Up to 75% |
| Central Bank of India | 7.00%-9.15% (2026) | Up to 75% |
| Bank of India (BOI) | 8.36%-9.05% (2026) | Up to 85% |
| SBI | 8.70%-9.30% (2026) | Up to 75% |
| HDFC Bank | 8.75%-9.30% (2026) | Up to 75% |
| ICICI Bank | 9.25%-9.30% (2026) | Up to 75% |
| Canara Bank | 8.75%-9.30% (2026) | Up to 75% |
| PNB | 8.50% onwards (2026) | Up to 75% |
| Bank of Baroda | 8.85% onwards (2026) | Up to 75% |
| Karnataka Bank | 8.19% onwards (2026) | Up to 75% |
| IndusInd Bank | 10.38% onwards (2026) | Up to 75% |
| Axis Bank | 13.50%-16.95% (2026) | Up to 75% |
| Union Bank | Up to 10.40% (2026) | Up to 75% |
The interest rates for gold loans vary significantly across lenders, with public sector banks generally offering lower rates compared to private banks and NBFCs. Borrowers should compare the overall cost, including processing fees and appraiser charges, before finalizing a gold loan.
Indian Bank Gold Loan Eligibility & Documents
Indian Bank offers gold loans to Indian citizens between 21 and 60 years of age. Applicants include farmers, business individuals, salaried employees, and self-employed individuals. The bank requires specific documents for identity and address verification to process the loan application.
- Age Criteria: Applicants must be Indian citizens aged between 21 and 60 years. This ensures borrowers are within the active earning age bracket.
- Applicant Types: Indian Bank extends gold loans to a broad range of individuals, including farmers, business owners, salaried employees, and self-employed professionals. This caters to diverse financial needs.
- Loan Application Form: A properly completed loan application form is mandatory for all applicants. This form captures personal and financial details.
- Identity Proof: Valid identity verification documents are required, such as a PAN Card or Aadhaar Card. These proofs confirm the applicant’s identity.
- Address Proof: Applicants must submit address verification documents, including a Passport or recent utility bills. This establishes the applicant’s current residential address.
- Signature Proof: Proof of signature is also necessary, often verified through existing bank records or specific documents. This ensures the authenticity of the applicant’s signature.
- Photographs: Recent passport-sized photographs of the applicant are typically required. These are used for identification purposes on the loan documents.
- Gold Purity: The pledged gold’s purity, usually 22-carat, is assessed by the bank. The loan amount depends on this purity and the current market value.
Meeting these eligibility criteria and providing the necessary documents streamlines the Indian Bank gold loan application process.
Indian Bank Gold Loan Per Gram Rate 2026
Indian Bank offers gold loans with a per gram rate ranging from ₹4,000 to ₹5,500 for 22-carat gold, as of 2026. This rate is determined by the gold’s purity and current market prices, allowing borrowers to access funds up to 75% of the gold’s market value.
The Loan-to-Value (LTV) ratio, capped at 75% by RBI norms, dictates the maximum loan amount against your pledged gold. For instance, if your 22-carat gold is valued at ₹6,000 per gram, the bank may offer up to ₹4,500 per gram.
| Gold Purity | Per Gram Rate (₹) | Max Loan Value (%) |
|---|---|---|
| 22-carat | ₹4,000 to ₹5,500 | 75% |
| Not specified (General Jewel Loan) | Not specified | 70% |
| Not specified (RBI norms for loans up to ₹2.5 lakh) | Not specified | 85% |
| Not specified (RBI norms for loans of ₹2.5–5 lakh) | Not specified | 80% |
| Not specified (RBI norms for loans exceeding ₹5 lakh) | Not specified | 75% |
The per gram rate is a factor in determining the total loan amount you can avail, directly impacting the financial utility of your gold assets.
How to Apply for Indian Bank Gold Loan
Applying for an Indian Bank Gold Loan involves a straightforward process, requiring documents for identity and address verification. Indian citizens between 21 and 60 years, including farmers and salaried individuals, are eligible to apply.
- Prepare Required Documents: Gather a properly completed loan application form, proof of identity (such as PAN Card or Aadhaar Card), and proof of address (like Passport or utility bills).
- Visit an Indian Bank Branch: Go to your nearest Indian Bank branch with your gold ornaments and the necessary documents.
- Gold Valuation: The bank’s appraiser will assess the purity and weight of your gold to determine its market value. Indian Bank offers loans up to 75% of the gold’s market value, with per gram rates ranging from ₹4,000 to ₹5,500 for 22-carat gold (as of 2026).
- Loan Amount Sanction: Based on the gold valuation and your eligibility, the bank will sanction a loan amount. For example, a loan of ₹4,50,000 might be sanctioned against gold valued at ₹6,00,000.
- Review Loan Agreement: Carefully read the loan agreement, noting the interest rate (e.g., 8.50% to 8.80% p.a. As of 2026), repayment tenure, and any applicable charges.
- Disbursement of Funds: Once you agree to the terms, the loan amount will be disbursed to your account.
- Repayment: Repay the loan according to the chosen scheme, which can be through monthly instalments or bullet repayment methods, with tenures up to 35 months.
Indian Bank also offers toll-free customer care support at 1800-425-0000 or 1800-425-4422 for any queries regarding the application process or loan details.
Indian Bank Gold Loan Repayment Options
Indian Bank offers flexible repayment options for its gold loans, allowing borrowers to choose a method that suits their financial situation. Most schemes provide tenures up to 35 months, with specific options like monthly instalments or bullet repayment.
As of 2026, Indian Bank provides the following gold loan repayment structures:
- Monthly Instalment Method: For general Jewel Loans, borrowers can opt for a monthly instalment plan with tenures extending up to 35 months. This method helps manage the loan burden through regular, smaller payments.
- Bullet Repayment Method: The Jewel Loan scheme also offers a bullet repayment option, typically for tenures up to 1 year. Under this, the principal and interest are paid in a single lump sum at the end of the loan period.
- Overdraft Facility: The Indian Bank OD Against Gold Jewels provides an overdraft limit for 1 year, which is renewable. This allows borrowers to draw funds as needed and pay interest only on the amount utilized.
- Agricultural Jewel Loan: Farmers availing the Agri Jewel Loan Scheme benefit from flexible repayment aligned with crop cycles. This ensures repayment is convenient and matches agricultural income flows.
- MSME Jewel Loan: For MSME Jewel Loans, repayment terms are structured to support business cash flows, with interest rates at 8.70% p.a. For loans up to ₹10 lakh and 9.00% p.a. For higher amounts.
Understanding these repayment options helps borrowers select the most suitable Indian Bank gold loan scheme for their financial needs.
Factors Affecting Gold Loan Interest Rates
Indian Bank gold loan interest rates, ranging from 8.50% to 8.80% per annum as of 2026, are influenced by several key factors. Understanding these elements helps borrowers secure the most favourable terms for their gold-backed financing.
- Loan-to-Value (LTV) Ratio: The RBI mandates a maximum LTV of 75% for gold loans. A lower LTV, meaning you borrow less against your gold’s value, can sometimes lead to slightly lower interest rates from lenders.
- Gold Purity and Weight: The purity (e.g., 22-carat vs. 18-carat) and total weight of the pledged gold directly impact its market value. Higher purity and weight generally allow for a larger loan amount and potentially better rates.
- Borrower’s Credit Score: While gold loans are secured, a strong CIBIL score (typically 750+) indicates financial discipline. This can help borrowers negotiate better interest rates, even for secured loans like gold loans.
- Loan Amount and Tenure: Indian Bank offers different schemes with varying rates based on the loan amount and repayment period. For instance, MSME Jewel Loans up to ₹10 lakh have an interest rate of 8.70% p.a. (2026).
- Relationship with the Bank: Existing Indian Bank customers with a good banking history may receive preferential interest rates or terms. Many lenders offer better deals to their established clientele.
- Market Gold Prices: Fluctuations in the international and domestic gold market affect the per-gram rate offered by banks. Higher gold prices can increase the eligible loan amount, though interest rates are set independently.
These factors collectively determine the final interest rate and overall cost of an Indian Bank gold loan in 2026.
Key Takeaways
- Indian Bank gold loan interest rates range from 8.50% to 8.80% p.a. (2026), influenced by LTV, gold purity, and borrower credit score.
- The RBI’s maximum Loan-to-Value (LTV) ratio for gold loans is 75% of the gold’s market value.
- Indian Bank offers specific schemes like the MSME Jewel Loan, with rates of 8.70% p.a. For loans up to ₹10 lakh (2026).
Verify current interest rates and eligibility criteria directly with Indian Bank to make an informed borrowing decision.
Frequently Asked Questions (FAQs)
What is the Indian Bank gold loan interest rate in 2026?
As of April 2026, Indian Bank gold loan interest rates range from 8.50% to 8.80% per annum for its Jewel Loan scheme. This rate applies to loans up to ₹50 lakh for the general public, women, and senior citizens. The bank offers competitive rates, often with no processing fees.
What is the Indian Bank gold loan per gram rate in 2026?
Indian Bank generally offers a gold loan rate of ₹4,000 to ₹5,500 per gram for 22-carat gold, as of April 2026. This per gram rate depends on the gold’s purity and the prevailing market price. The bank typically provides up to 75% of the gold’s market value as a loan.
Does Indian Bank offer special rates for agricultural gold loans?
Yes, Indian Bank provides special interest rates for agricultural gold loans under its Agri Jewel Loan scheme. These specific rates are designed to support farmers and agricultural activities. You should confirm the exact rates for agricultural gold loans directly with Indian Bank as of June 2026.
What is the maximum gold loan amount from Indian Bank?
Indian Bank offers gold loans up to ₹50 lakh under its Jewel Loan scheme. This maximum limit is available to the general public, women applicants, and senior citizens. The loan amount is also capped at 75% of the pledged gold’s market value.
What documents are required for an Indian Bank gold loan?
For an Indian Bank gold loan, you typically need a completed loan application form, along with identity and address verification documents. Acceptable identity proofs include Aadhaar, PAN, or Passport, while address proofs can be utility bills or a driving license. The bank may request additional documents based on your profile.
What is the repayment tenure for Indian Bank gold loans?
The repayment tenure for gold loans from Indian Bank, and other financial institutions in India, generally ranges from 3 months to 4 years. Specific tenure options depend on the chosen gold loan scheme and the loan amount. Always verify the exact repayment period for your chosen Indian Bank gold loan product.
Are there any processing fees for Indian Bank gold loans?
Indian Bank often levies no processing fee for its Jewel Loan scheme, as of April 2026. This can make their gold loans more cost-effective compared to other lenders. However, IT is advisable to confirm any applicable charges directly with the bank before applying.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI) before deciding.
