As of February 2026, Indian Bank offers gold loans with per gram rates ranging from ₹4,000 to ₹5,500 for 22-carat gold, reflecting current market values and the RBI’s 75% Loan-to-Value (LTV) CAP. This valuation is dynamic, adjusting daily based on gold prices and the gold’s net weight after deducting stones or lac. The Union Budget 2026 has encouraged leveraging assets like gold over selling them, making gold loans an attractive option.
| Purity (Carat) | Gold Rate (₹/gram, Indicative) | Max Loan Amount (₹/gram, Indicative) |
|---|---|---|
| 22 Carat Gold Jewellery | ₹6,500 – ₹7,500 | ₹4,000 – ₹5,500 |
| 24 Carat Gold Coins (up to 50g) | ₹7,000 – ₹8,000 | ₹5,000 – ₹6,000 |
| 18 Carat Gold Jewellery | ₹5,000 – ₹6,000 | ₹3,000 – ₹4,000 |
| 22 Carat (for loans above ₹5 lakh) | ₹6,500 – ₹7,500 | Up to ₹4,800 (70% LTV) |
| 24 Carat (for loans up to ₹2.5 lakh) | ₹7,000 – ₹8,000 | Up to ₹6,800 (85% LTV, effective April 2026) |
These per gram rates are subject to daily fluctuations in gold prices and the specific scheme chosen. Indian Bank calculates the loan amount strictly on the net weight of the gold, excluding any stones or other non-gold components.
Indian Bank Gold Loan Interest Rates 2026
Indian Bank offers gold loans with interest rates ranging from 8.50% to 9.75% p.a., depending on the specific scheme and loan amount. As of February 2026, the per gram valuation for 22-carat gold typically ranges from ₹4,000 to ₹5,500, subject to daily market fluctuations and RBI’s 75% Loan-to-Value (LTV) CAP.
| Scheme Name | Interest Rate (p.a.) | LTV Ratio | Tenure |
|---|---|---|---|
| Jewel Loan (General) | 8.50% to 8.80% | Up to 75% of market value or per-gram advance value (whichever is lower) | Up to 1 year (bullet repayment), Up to 35 months (monthly repayment) |
| Jewel Loan (Fincash data) | 8.95% to 9.75% | Up to 75% of market value or per-gram advance value (whichever is lower) | Up to 1 year (bullet repayment), Up to 35 months (monthly repayment) |
| OD Against Gold Jewels | 8.75% onwards | Up to 70% of market value or per-gram advance value (whichever is lower) | 1 year (renewable) |
| Agri Gold Loan | As low as 7.00% onwards | Up to 75% (RBI CAP) | Flexible, based on crop cycle/working capital needs |
| MSME Jewel Loan (up to ₹10 lakh) | 8.70% | Up to 75% (RBI CAP) | Varies by business needs |
| MSME Jewel Loan (above ₹10 lakh) | 9.00% | Up to 75% (RBI CAP) | Varies by business needs |
| Indian Bank Gold Loan (general) | 8.95% to 9.75% | 70% of market value or per-gram advance value (whichever is lesser, for loans over Rs.) | Up to 35 months |
These rates are indicative as of April 2026 and are subject to change based on RBI policies and Indian Bank’s internal guidelines. The final interest rate depends on the loan scheme, amount, and gold purity.
Indian Bank Gold Loan Eligibility & Documents
Indian Bank offers gold loans to individuals aged between 21 and 70 years, with specific schemes for farmers. Borrowers must provide valid identity and address proofs, along with the gold jewellery to be pledged. The bank evaluates gold purity to determine the final loan amount.
- Age Criteria: Applicants must be between 21 and 70 years old to be eligible for Indian Bank’s Jewel Loan schemes.
- Applicant Type: Gold loans are available to individuals, including farmers for agricultural purposes, and proprietorship firms.
- Gold Purity: The pledged gold jewellery must typically be 22-carat or higher. The net weight of gold, after deducting stones or other attachments, determines the loan value.
- Pledge Limit for Gold Coins: For schemes like Central Bank of India’s Cent Personal Gold Loan, pledged gold coins should not exceed 50 grams per borrower. Andhra Bank also has a similar 50-gram limit for gold coins.
- Identity Proof: Valid documents such as Aadhaar Card, PAN Card, Passport, Voter ID, or Driving License are required.
- Address Proof: Acceptable documents include Aadhaar Card, Passport, Utility Bills (electricity, water, gas), or a Voter ID.
- Application Form: A duly completed gold loan application form, available at any Indian Bank branch, must be submitted.
- Photograph: Recent passport-sized photographs of the applicant are typically required for the application.
The bank’s staff appraises the gold at the branch to assess its purity and weight, which then determines the eligible loan amount based on the prevailing per-gram rate and RBI’s Loan-to-Value (LTV) regulations.
How Indian Bank Gold Loan Works
Indian Bank offers various gold loan schemes tailored for personal, agricultural, and MSME needs, with interest rates starting as low as 7.00% p.a. For Agri Gold Loans (as of April 2026). The bank determines the loan amount based on the gold’s net weight and purity, adhering to the RBI’s Loan-to-Value (LTV) CAP of 75%.
The process involves a straightforward appraisal, ensuring borrowers receive the maximum eligible amount against their pledged gold jewellery or coins.
- Jewel Loan Scheme: This scheme caters to personal financial needs like family events or medical costs, offering loans from ₹25,000 to ₹10 lakh. Eligibility is for individuals aged 21 to 70 years.
- Agri Jewel Loan Scheme: Designed for farmers, this loan supports agricultural activities and working capital requirements, featuring interest rates as low as 7.00% p.a.
- MSME Jewel Loan: Small and Medium Enterprise (MSME) owners can avail loans up to ₹10 lakh at 8.70% p.a., and above ₹10 lakh at 9.00% p.a. (as of 2026).
- OD Against Gold Jewels: This overdraft facility offers a renewable tenure of one year, with an LTV ratio of up to 70% of the gold’s market value.
- Loan-to-Value (LTV) Ratio: Indian Bank typically offers up to 75% of the gold’s market value, or 70% for loans exceeding ₹5 lakh, as per RBI guidelines (as of February 2026).
- Gold Valuation Method: The bank calculates the loan amount strictly on the net weight of the gold, deducting the weight of any stones, beads, or lac from the jewellery.
- Per Gram Rate: As of February 2026, the per gram loan amount for 22-carat gold ranges from approximately ₹4,000 to ₹5,500, depending on market rates and purity.
- Repayment Options: Borrowers can choose between a bullet repayment method with a tenure of up to one year or a monthly repayment method extending up to 35 months.
Indian Bank’s gold loan options provide a secure and flexible way to access funds, leveraging gold as a valuable financial asset.
Indian Bank Gold Loan Schemes Overview
Indian Bank offers various gold loan schemes tailored for different financial needs, with interest rates starting from 7.00% p.a. For agricultural loans as of 2026. These schemes provide up to 75% of the gold’s market value, adhering to RBI’s regulatory Loan-to-Value (LTV) CAP.
| Scheme Name | Purpose | Key Features | Max Loan Amount |
|---|---|---|---|
| Jewel Loan | Personal necessities, consumption, family events, medical costs, or other bankable activities (non-speculative). | Flexible repayment terms; Simple application; Low interest rates; Up to 70% LTV for loans over ₹25,000; Up to 75% LTV for loans up to ₹10 lakh; Personalized chequebooks and Rupay cards. | ₹50 Lakhs |
| OD Against Gold Jewels | Personal and business-related needs (non-speculative activities). | Overdraft facility for 1 year (renewable); OD limit re-evaluated based on market value and LTV; Up to 70% of market value or per-gram advance value, whichever is lower. | Not specified |
| Agri Jewel Loan | Agri-related activities and working capital requirements for farmers. | Special interest rates (as low as 7.00% p.a. Onwards); Easy process; Minimal documentation; No hidden charges; Convenient repayment schedule; Jewel appraiser and processing charges applicable. | Not specified |
| MSME Jewel Loan | Business needs for Micro, Small, and Medium Enterprises (MSMEs). | Transparent interest rates disclosed before sanction; Processing charges nil for loans up to ₹1,00,000; Small per-lakh fee for higher amounts. | Up to ₹10,00,000 |
| General Public Gold Loan | General financial needs for the public. | Affordable interest rates (8.50% to 8.80% p.a. In 2026); No processing fee levied; Up to 75% of the gold’s market value. | ₹50 Lakhs |
| Women Applicants Gold Loan | General financial needs for women. | Affordable interest rates (8.50% to 8.80% p.a. In 2026); No processing fee levied; Up to 75% of the gold’s market value. | ₹50 Lakhs |
| Senior Citizens Gold Loan | General financial needs for senior citizens. | Affordable interest rates (8.50% to 8.80% p.a. In 2026); No processing fee levied; Up to 75% of the gold’s market value. | ₹50 Lakhs |
Each scheme is designed to cater to specific borrower segments, offering competitive interest rates and flexible terms, with maximum loan amounts reaching up to ₹50 lakhs for certain categories.
Indian Bank Gold Loan vs Other Banks
Indian Bank offers gold loans with interest rates ranging from 8.50% to 8.80% p.a. (as of February 2026), competitive with other public sector banks. For comparison, Central Bank of India offers rates from 7.00% to 9.15% p.a., while Bank of India’s rates are between 8.35% and 9.05% p.a. (all as of 2026).
| Parameter | Indian Bank | Central Bank of India | Bank of India |
|---|---|---|---|
| Interest Rate Range (p.a.) | 8.50% to 8.80% (Jewel Loan) 8.95% to 9.75% (General Gold Loan) 7.00% onwards (Agri Gold Loan) |
7.00% to 9.15% | 8.35% to 9.05% |
| Loan-to-Value (LTV) Ratio | Up to 75% (General Gold Loan) Up to 70% (Jewel Loan, OD Against Gold Jewels) |
Up to 75% (RBI CAP) | Up to 85% of assessed value |
| Per Gram Rate (22-carat) | ₹4,000 to ₹5,500 (as of Feb 2026) | ₹1,755 to ₹2,145 | Determined by daily prices and purity |
| Maximum Loan Amount | ₹10 lakh (Jewel Loan, MSME Jewel Loan) | Not specified (varies by scheme) | Not specified (varies by scheme) |
| Processing Charges | Nil for loans up to ₹1 lakh; small per-lakh fee for higher amounts | Waived for Personal Gold Loan (until Sep 30, 2026) | Minimal processing fees |
| Maximum Repayment Tenure | Up to 1 year (bullet repayment) Up to 35 months (monthly repayment) 1 year renewable (OD Against Gold Jewels) |
Not specified (varies by scheme) | Flexible repayment options |
| Eligibility Age | 21 to 70 years | Indian citizen/proprietorship firm | Not specified (general eligibility applies) |
| Special Schemes | Agri Jewel Loan, MSME Jewel Loan, OD Against Gold Jewels, SGBs | Agri Gold Loan Scheme, Cent Personal Gold Loan | Specialized schemes for farmers/agricultural borrowers |
Indian Bank’s gold loan offerings are competitive, especially with lower interest rates for agricultural loans and waived processing fees for smaller amounts, making IT an attractive option for specific borrower needs.
Gold Loan Processing Fees & Charges
Indian Bank offers nil processing fees for gold loans up to ₹1,00,000, making IT an attractive option for smaller loan amounts. For higher loan values, a small per-lakh fee applies, with a maximum CAP of 0.3% of the loan amount.
| Charge Type | Details | Applicable Fee |
|---|---|---|
| Processing Fees | For gold loans up to ₹1,00,000 (Indian Bank) | Nil |
| Processing Fees | For gold loans above ₹1,00,000 (Indian Bank) | Small per-lakh fee |
| Processing Fees | Maximum CAP on processing fees (Indian Bank) | 0.3% of loan amount |
| Jewel Appraiser & Processing Charges | For Agricultural Jewel Loan Scheme (Indian Bank) | Applicable |
| Processing Fees | For Central Bank Personal gold loan scheme | Waived up to 30.09.2026 |
| Appraiser Charges | For 1st time appraisal (Central Bank of India) | 0.20% of loan amount (min ₹100, max ₹3,000 + GST) |
| Appraiser Charges | For renewals (Central Bank of India) | 0.10% of loan amount (min ₹50, max ₹3,000 + GST) |
| Processing Fees | General range for major banks (SBI, HDFC, ICICI, Canara Bank) in 2026 | 0.25% to 1% of loan amount |
| Processing Fees | For gold loan applications (Bank of India) | ₹125 to ₹1,500 |
| Appraiser Charges | For gold loan appraisal (Bank of India) | Minimal and reasonable, borne by borrower |
| Processing Fees | For SBI Gold Loan | 0.50% of the loan amount |
| Gold Appraisal Charges | For SBI Gold Loan | To be borne by the applicant |
| Processing Fees | For ICICI Bank Gold Loan | 1% of the loan amount |
While Indian Bank offers competitive processing fees, especially for smaller loans, borrowers should also factor in appraiser charges from other banks, which can add to the overall cost.
Factors Affecting Gold Loan Amount
The amount you can borrow against your gold jewellery from Indian Bank in 2026 depends on several key factors. These include the gold’s purity, its net weight, the prevailing market price, and the RBI-mandated Loan-to-Value (LTV) ratio, which caps the loan at up to 75% of the gold’s value.
- Gold Purity: Indian Bank primarily accepts 22-carat gold for loans, offering higher per-gram rates for purer gold. For instance, 24-carat gold coins may receive the highest valuation, while 18-carat gold is accepted at a lower rate per gram.
- Net Weight of Gold: The loan amount is calculated strictly on the net weight of the gold. Any stones, beads, or lac in your jewellery are deducted from the gross weight during the appraisal process, reducing the final eligible loan amount.
- Market Value of Gold: The daily average price of gold significantly influences the per-gram valuation. As of February 2026, with gold trading around ₹14,750 per gram, the loan amount for 22-carat gold can range from approximately ₹4,000 to ₹5,500 per gram.
- Loan-to-Value (LTV) Ratio: Per RBI regulations, Indian Bank can lend up to 75% of the pledged gold’s market value. For example, if 10 grams of 22-carat gold is valued at ₹40,000, the maximum loan amount would be ₹30,000.
- RBI’s Tiered LTV Structure: Effective April 1, 2026, the RBI introduced a tiered LTV structure, potentially allowing up to 85% LTV for smaller gold loans (e.g., up to ₹2.5 lakh). This can increase the borrowing capacity for small borrowers.
- Gold Coin Pledge Limit: The aggregate weight of gold coins pledged for all loans to a single borrower cannot exceed 50 grams, as per RBI guidelines. Indian Bank accepts gold coins sold by banks, typically 22-carat and above.
Understanding these factors helps you estimate your eligible gold loan amount from Indian Bank before visiting a branch.
Key Takeaways
- Indian Bank offers gold loans with interest rates ranging from 8.50% to 8.80% p.a. As of February 2026, subject to scheme and borrower profile.
- The per-gram rate for 22-carat gold loans from Indian Bank is typically ₹4,000 to ₹5,500, capped at 75% of the market value per RBI regulations.
- Eligibility for Indian Bank gold loans requires individuals to be between 21 and 70 years of age, with specific schemes available for farmers and MSMEs.
To confirm your exact gold loan eligibility and current per-gram rates, visit your nearest Indian Bank branch with your gold jewellery.
Frequently Asked Questions (FAQs)
What is the Indian Bank gold loan rate per gram in 2026?
As of February 2026, Indian Bank offers gold loans at an interest rate ranging from 8.50% to 9.75% p.a. The per gram rate for 22-carat gold typically ranges from ₹4,000 to ₹5,500, depending on market value and purity. This valuation is subject to the RBI’s Loan-to-Value (LTV) CAP of 75% of the gold’s market value.
What is the maximum loan amount I can get with an Indian Bank gold loan?
Indian Bank offers gold loans ranging from ₹25,000 up to ₹10 lakh, depending on the scheme and the value of your pledged gold. You can borrow up to 75% of the market value of the pledged jewels or the per-gram advance value, whichever is lower. The loan amount is calculated on the net weight of the gold, excluding stones or beads.
What are the eligibility criteria for an Indian Bank gold loan?
To be eligible for an Indian Bank gold loan, you must be an Indian resident aged between 21 and 70 years. You need to provide identity and address verification documents along with a properly completed loan application. The bank assesses your gold’s purity and net weight to determine the eligible loan amount.
Does Indian Bank offer different gold loan schemes?
Yes, Indian Bank offers multiple gold loan schemes tailored for various personal and financial needs, including consumption, family events, and medical costs. These schemes provide flexibility in terms of loan amount and repayment options. The bank also offers benefits like personalized chequebooks and Rupay cards with some gold loan products.
How is the Indian Bank gold loan per gram rate calculated?
The Indian Bank gold loan per gram rate is calculated based on the daily average market price of gold and the RBI’s regulatory Loan-to-Value (LTV) CAP of 75%. The bank’s appraisal process ensures maximum eligible amount based on the purity of your gold. The net weight of the gold, after deducting any non-gold components like stones or lac, is used for valuation.
What documents are required for an Indian Bank gold loan?
For an Indian Bank gold loan, you need a properly completed loan application form. You must also provide valid identity proof, such as an Aadhaar card or PAN card, and address proof, like a utility bill or passport. The bank may request additional documents based on the specific loan scheme or borrower profile.
Can I get a higher loan amount if I pledge more gold?
Yes, pledging a larger quantity of gold, especially with higher purity, can lead to a higher loan amount and potentially better interest rates. For example, a 20-gram gold ornament can secure a higher loan than an 8-gram ornament. The loan amount is capped at 75% of the gold’s market value or the per-gram advance value, whichever is lower.
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.
