Whether it’s paying for education, expanding a business, covering personal or medical costs, renovating a home, gold loans offer a convenient solution. With minimal paperwork and speedy access to cash, they are an attractive option, however, many people still don’t fully understand how these loans work or how to get one.How do gold loans work?Gold loan is a simple and often quick process to arrange funds by pledging your gold jewellery in exchange. The amount that the bank will offer you depends on the puri ...

What is a gold loan?A loan taken against your gold jewellery is known as a gold loan, in which, you hand over your gold to the bank in return of a specific amount, as per the In India, Latest gold loan interest rate October 2025 Interest rates on gold loans ( %) Bank Rates INDIAN: PUBLIC SECTOR BANKS State Bank of India 10.00% Union Bank of India 9.65% Punjab National Bank 8.35% Bank of India 9.40% Bank of Baroda 9.40% Indian Bank 8.75% Canara Bank 8.90% INDIAN: PRIVATE SECTOR BANKS ...