PNB Gold Loan Interest Rate 2025: Processing Fee, Documents Required, Eligibility, How to Apply

Punjab National Bank, one of the leading banks in India, offers a wide range of financial services to its customers. The bank provides various kinds of gold loan schemes, thereby making it one of the most competitive gold loan providers in India. The interest rate is the same for both new and existing customers. Continue reading to gain detailed insights about the PNB gold loan interest rate 2025. 

PNB Gold Loan Interest Rate 2025

Punjab National Bank (PNB) offers its borrowers gold loans at low rates of interest. As of 2025, the prevailing gold loan interest rate is around 9.25%. The amount for such a loan depends on the amount as well as the purity of gold. 

With Punjab National Bank, borrowers can avail flexible repayment facilities. You can avail a loan amount of Rs. 1,000 to Rs. 10 lakh at PNB. Additionally, you will not have to pay any prepayment charges. You can choose the one that suits you best from various gold loan schemes. 

The interest rate for different types of gold loan schemes available at Punjab National Bank is given in the table below:

PNB Gold Loan Rate Per Gram

At Punjab National Bank, the gold loan rate per gram is Rs. 3,800 to Rs. 4,350 based on the current rate of gold. This rate is, however, applicable for 22 Carat gold possessing a loan to value (LTV) of a maximum of 75%. 

PNB Agriculture Gold Loan Interest Rate

Punjab National Bank (PNB) offers various gold loan schemes to individuals and farmers engaged in different agricultural activities. These gold schemes are specially designed to meet the needs of farmers for agricultural purposes.

As a farmer or individual engaged in the agricultural sector, you can apply for a Punjab National Bank Gold loan by pledging gold bars, gold coins, or gold ornaments as collateral. The corresponding gold loan amount can be utilised for various purposes, including fertilisers, seed purchases, farm equipment, pesticides, and other agricultural inputs. 

Moreover, PNB offers its borrowers agricultural gold loans at a rate of interest of 7% p.a. The loan tenure remains exactly for 3 years. However, borrowers can avail of various repayment schemes and EMI schemes. 

PNB Gold Loan Interest Rate for Farmers

Punjab National Bank invites individuals and farmers engaged in agricultural activities to apply for an Agricultural Gold Loan. With the Punjab National Bank gold loan, borrowers can avail of several benefits of a gold loan at a competitive rate of interest to meet both their short-term and long-term requirements. There is a flexible repayment option as well, thereby making it an ideal option for farmers who need funds for any agricultural activities. 

By applying for agricultural gold loans, farmers can avail of low-interest rates along with zero processing charges based on the total income they earn. Alongside this, the interest rate charged on agricultural gold loans follows the rate of interest that the Government of India provides to banks. 

The gold loan interest rate for farmers is the same as the agricultural interest rate, i.e., 7% per annum. 

PNB Gold Loan Repayment Period

Borrowers have the option to take a loan against their gold jewellery or gold ornaments for a repayment period of up to 12 months, which can be renewed at the end of the term. For loans against gold bonds, the maximum repayment period is 8 years or until the date of maturity of the bonds, whichever comes earlier.

PNB Gold Loan Eligibility Criteria

Punjab National Bank offers gold loans as a financial product to meet the needs of borrowers in the short term or long term. Borrowers can easily avail of this service at low-interest rates, and there is also minimal documentation involved. Once you apply for the loan amount, the bank approves it within an hour of application. They keep in mind the urgency of the funds of the borrowers. 

Here are the eligibility criteria for the Punjab National Bank gold loan scheme:

• Individuals should have a stable source of income.
• The borrower’s age must be at least 18 years and above.
• Borrower must have gold ornaments, gold jewellery or coins for mortgage.
• Individuals having a savings account with the bank.

PNB Gold Loan Procedure

The gold loan procedure at Punjab National Bank allows individual borrowers to access funds quickly and derive the value of their gold jewellery to meet their financial needs. To understand the gold loan procedure of Punjab National Bank, follow the steps below carefully:

Step 1: Application

This is the first and foremost step for obtaining a gold loan. There are two ways an individual borrower can follow- either online or offline. 

Step 2: Evaluation

Upon submission of the application form, the representative at PNB contacts you. However, if you avail of the home service option, the bank will send a representative to your home. 

The financial institutions check for the purity of gold first, and then the appraiser fixes the prices and quality of gold. 

Step 3: Documentation

The bank follows the KYC guidelines for completing the KYC process. For this, you need to keep your KYC documents ready.

Step 4: Approval and Disbursement

Once all the documents are verified, the bank approves your gold loan. 

Documents Required for PNB Gold Loan

Punjab National Bank offers gold loans to borrowers at affordable rates of interest. Here, funds are provided to meet the financial needs of individuals. The bank, in exchange for funds, keeps the gold ornaments of borrowers as security. You can ensure gold ornaments stay secured with the bank until the closing of the loan. 

Here is the list of documents you need to carry while applying for gold loan at Punjab National Bank:

• 2 passport-size photographs.
• Passport, Aadhaar card, PAN card as identity proof.
• Ration card and driving license as proof of residence. If you stay in any rented house, then water/electricity bills during the last three months are considered.

PNB Gold Loan Processing Fee

Punjab National Bank levies a nominal processing fee of 0.30% of the loan amount, including taxes and GST, whichever becomes higher. This needs to be paid upfront. However, there are no documentation charges for gold loans. 

PNB Gold Loan Maximum Limit

Punjab National Bank offers its customers loans against gold jewellery and gold coins in India. Borrowers can use the gold loan amount for various purposes. Depending on the purpose of loan procurement, the bank approves the required loan amount at competitive rates of interest. 

The bank imposes a minimum cap of Rs. 25,000 as the loan amount, while the maximum cap amount is Rs. 25 lakh, approved by the bank. 

How to Calculate Gold Loan Interest in PNB?

To calculate gold loan interest at Punjab National Bank, subtract the amount borrowed from the payable loan amount. Alongside, you can also use the PNB EMI calculator to get an accurate value of your payable amount.

PNB Gold Loan Interest Rate Calculator

Punjab National Bank has a gold loan calculator that can be used for borrowing money from other banks or any other non-banking financial institution. Before availing a loan, make sure to submit all your gold ornaments pledged as collateral. With prices of gold rising each day, borrowers can avail a good value on their gold ornaments because its value affects the amount of loan. 

With an interest rate calculator, you can find out the amount of EMI you need to pay for the borrowed loan amount. Thus, this calculator also helps you to try various combinations of interest rates and tenure the bank offers to avail the best gold scheme at Punjab National Bank. 

How to Close Gold Loan in PNB?

Your PNB gold advance can be reimbursed in the following three different ways.

• Standing Instruction (SI): Standing instruction is an ideal mode of repayment for the current record holders with PNB. If you have an account with PNB, your EMI sum will be deducted automatically towards the end of the month.
• Post-Dated Checks (PDC): Any post-dated EMI checks can be submitted to your respective PNB account from any non-PNB account. Any post-dated checks (PDCs) should be made present on time. 
• Electronic Clearing Service (ECS): If you have no PNB account, you can utilise this mode and finish your EMI payments at the end of each month.  

PNB Gold Loan Customer Care

For any issues relating to gold loans, you can contact the PNB customer care number 9878981144 to get help instantly. 

Applying for a gold loan with PNB has a lot of advantages. By choosing PNB, you can avail of a gold loan hassle-free. Pledging your gold ornaments, you can avail of an easy lending scheme with the bank. On pledging the gold, the bank instantly credits the loan amount into your account, which you can pay in the form of EMI instalments. 

Other Banks Gold Loan Interest Rates:
1. ICICI Bank Gold Loan Interest Rate
2. HDFC Gold Loan Interest Rate 
3. Bank of Baroda (BOB) Gold Loan Interest Rate
4. Canara Bank Gold Loan Interest Rate
5. SBI Gold Loan Interest Rate
6. Axis Bank Gold Loan Interest Rate
7. Central Bank Gold Loan Interest Rate