Federal Bank Gold Loan

Federal Bank Gold Loan Highlights
Interest Rates	Floating interest rates – 8.89%-9.59%; Fixed interest rates – 9.79%-21.5%
Collateral	Pledge of 22 carat gold ornaments
Loan Tenure	1 year to 3 years
Loan Amount	Rs 1,000 to Rs 1.5 crores
Gold Loan Repayment Facility	Lumpsum, EMI

Last updated as of 20 March 2025

Federal Bank Gold Loan Interest Rates

Federal Bank gold loan interest rates start from 8.89% p.a. The gold loan interest rates offered by the bank are floating and fixed in nature.

Particulars	Interest Rates (p.a.)
Floating interest rates	8.89%-9.59%
Fixed interest rates	9.79%-21.5%

Federal Bank Gold Loan Rate Per Gram/Gold Loan LTV Ratio

Below mentioned are the Federal Bank gold loan rate per gram of various schemes:

Scheme	Maximum rate per gram
General Gold Loans	75% of the market value of gold
Agri Gold Loans	Up to 90% of market value of gold
Non Agri Gold Loans	Up to75% of the market value of gold
MSME Gold Loans	75% of the market value of gold

Federal Bank Gold Loan Processing Fees & Other Charges

Gold loan Processing Fees

Schemes	Charges
General Gold Loan	Rs 180 to Rs 270
Digi Gold NRI Variant	1% of the loan amount (Minimum Rs 500)
Digi gold	0.25% of the loan amount (Minimum Rs 500)
GL Graded Interest Rate Scheme	0.35% of the loan amount (Minimum Rs 350)
Kisan Gold Scheme	Rs 530 to Rs 1700
ISS KCC GOLD	0.80% of sanctioned limit
MSME Gold Loan	Rs180 to Rs 270
Fed Smart Saver Scheme	0.50% of the loan amount (Minimum Rs 500)

 Appraiser Charges for Gold Loans

Sanctioned Limit	Appraiser Charges
Up to Rs. 25,000	NIL
Above Rs 25,000 to Rs 50,000	Rs 140
Above Rs 50,000 to Rs 1 Lakh	Rs 200
Above Rs 1 Lakh to Rs 2 Lakh	Rs 220
Above Rs 2 lakh to Rs.3 lakh	Rs 300
Above Rs 3 lakh to Rs 5 lakh	Rs 430
Above Rs 5 lakh	Rs 140 per lakh

Safe Custody Charges for Gold loans 

Sanction Limit	Safe Custody Charges
Up to Rs.25,000	Nil
Above Rs.25,000 to Rs.3 lakh	Rs 100
Above Rs.3 lakh to Rs.5 lakh	Rs 150
Above Rs.5 lakh	Rs 200

Security Operation fee

Product	Charges
OD-Digi-Gold & OD-Digi-Gold-NRI	Nil for the first 2 security operations in a month
Other Permitted Gold loan schemes	Rs 250 for each security operation

Penalty Charges for delayed repayment for Gold loans 

Loan Type	Charges
Agri Gold Loans	14.50% applicable from the due date
Non-Agri Gold Loans	16.50% applicable from the due date

Types of Federal Bank Gold Loan

General Gold Loan

Federal Bank offers gold loans against the security of 22-carat gold jewellery or ornaments. Applicants can use this loan for any personal purposes such as –car purchase, marriage, education, or other expenses except speculation.

Loan amount

Applicants can avail gold loans between Rs 1,000 to Rs 1.5 crores

Repayment Facility

Applicants can repay their interest on gold loans either through the EMI scheme option, i.e., on a monthly basis or lumpsum.

Digi Gold Overdraft

Borrowers can avail Digi Gold Overdraft for personal purposes, online shopping, fund transfer and bill payments directly from their loan account.

Loan amount

Applicants can avail Digi gold loan between Rs 3,000 to Rs 1.5 crores

LTV Ratio

Borrowers can withdraw overdraft facility for up to 72% of the gold

Collateral

Security for the loan will be a pledge of 22 carat gold ornaments

Additional Facilities

• Alternate locker facility
• Free insurance coverage on gold ornaments
• Replace or Release gold ornaments during the loan tenure
• ATM card, Net Banking and Mobile Banking facilities

Eligibility Criteria for availing Federal Bank Gold Loan

Federal Bank offers gold loans against 22 carat gold ornaments to the applicants (including NRIs) aged 18 years and above.

Documents Required for Federal Bank Gold Loan Application

Stated below are the detailed list of documents required for availing Federal Bank Gold Loan:

• Proof of Identity (Aadhar card/ Voters ID card/PAN Card /Passport/Driving License)
• Latest Passport size photograph
• Address Proof (Aadhar card/Ration card / Electricity or Telephone Bill/ Lease agreement/Sales Tax certificate/Passport/Trade license)

Federal Bank Gold Bank Loan EMI Calculator

Applicants planning to avail Gold Loan from Federal Bank can use our online Gold Loan EMI Calculator, to calculate gold loan EMI based on the loan tenure and interest rate.