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

A gold loan lets you borrow money by pledging gold assets like jewellery or gold bonds, with repayment through EMIs or at the end of the tenure. State Bank of India (SBI) offers gold loans up to Rs. 50 lakhs against 18 to 24 karat gold.

This article covers key details about SBI gold loans, including the SBI gold loan interest rate 2025, fees, eligibility, documents, and features.

Key Highlights

• Interest Rate: 8.75% p.a. onwards
• Loan Amount: Rs. 20,000 to Rs. 50 lakhs
• Loan Tenure: 3 months to 36 months
• Processing Fees: 0.25% of the loan amount + GST

Features of SBI Gold Loan

• Customers can avail gold loans ranging from Rs. 20,000 to Rs. 50 lakh by pledging gold ornaments, including gold coins, at banks.
• Gold loans can be used for medical expenses, margin money for home or education loans, travel, and personal consumption.
• Customers can repay the gold loans through monthly EMIs (Demand loan) or by paying the principal and interest amount before maturity of the loan (Bullet repayment loan).
• Repayment tenures for SBI gold loans typically range between 12 and 36 months, depending on the loan scheme selected.
• Upon full repayment, the bank returns the pledged gold items promptly.
• The bank will return the gold items provided as security upon repayment of loan.
• SBI gold loan can be availed easily with quick approval and less documentation.
• There is no prepayment penalty or foreclosure charges on SBI gold loan.

SBI Gold Loan Interest Rate 2025

SBI offers various types of gold loans at different interest rates. The tables below provide the SBI gold loan interest rates 2025 for different gold loan schemes: 

SBI Personal Gold Loan

SBI Realty Gold Loan

*The interest rates are as of 20-08-2025

SBI Gold Loan Rate per Gram

According to the State Bank of India, they decide the actual loan amount by checking the gold purity and net weight. The bank does not grant any gold loan based on the security of Primary Gold (For example, 24 carats of gold bars and biscuits). 

SBI Gold Loan Interest Rate Agricultural

Under SBI's Multi-Purpose Gold Loan scheme, farmers or individuals engaged in agriculture can apply for a gold loan. The interest rate is the 1-year MCLR rate.

In addition to the interest, there are processing/inspection charges. 

• Loan up to Rs.3 lakhs : Nil
• Above Rs.3 lakhs: 0.30% of loan limit + GST.

SBI Gold Loan Eligibility Criteria

The eligibility criteria for State Bank of India Gold loan scheme are:

• The applicant should be 18 years or above. 
• You must have a steady income source. However, you do not need to submit income-proof documents if you are a pensioner or bank employee.

SBI Gold Loan Procedure

To avail of an SBI gold loan, you have to pledge gold coins or gold jewellery with minimum documentation. Here is the step-by-step process to apply for SBI gold loan:

Step 1: Log in to the SBI Yono app by entering the MPIN.

Step 2: Click on the ‘Loans’ tab and select ‘Gold Loan’.

Step 3: On the next screen, click on the ‘Apply Now’ button.

Step 4: Enter the required details, such as personal details, gold ornament details, loan amount, and the branch in which you want to deposit the gold ornaments and submit the form.

Step 5: Visit the selected branch and submit the gold ornaments and the required documents.

Step 6: The bank officials will process your application and documents and sanction the loan amount.

You can also visit the bank branch where you have an SBI account, fill out the gold loan application form, and submit it along with the gold ornaments and documents. After processing the gold loan application form, the bank officials will sanction the loan.

Documents Required for SBI Gold Loan

These are the list of documents you need to submit to get your gold loan from SBI:

• Two passport-size photographs
• Address proof (Aadhar card, Voter ID card, or driving license)
• Identity proof (Aadhar card, Voter ID card, or driving license)

If any additional documents are required, SBI Bank officials will inform you on or before loan approval.

SBI Gold Loan Processing Fee

Below are the processing fees for different SBI gold loan schemes.

SBI Personal Gold Loan Fees

SBI Gold Loan Overdraft

SBI Gold Loan Appraiser Charges

State Bank of India will decide your appraiser charges, and you have to bear the same accordingly.

SBI Gold Loan Maximum Limit

SBI offers two schemes under gold loans. However, the maximum limit is Rs. 50 lakhs under both the gold loan schemes. 

How to Close Gold Loan in SBI?

You can close your SBI gold loan by paying all outstanding EMIs, either online or offline. After full repayment, SBI issues a no-objection certificate (NOC) and officially closes your loan account.

SBI Gold Loan Interest Rate Calculator

Your SBI gold loan interest rate depends on the principal amount, interest rate, and loan tenure. Use the SBI gold loan EMI calculator by entering these details to quickly estimate your total interest and monthly EMI.

How To Pay Gold Loan Interest in SBI Online?

To pay your SBI gold loan interest online, you must log in to your SBI internet banking account. If you don't have one, you need to register for SBI net banking first.

Once logged in, go to the e-payment section, add your SBI gold loan account details as a biller, and pay your interest. Enter the OTP for verification, and after a successful payment, you will receive a confirmation SMS from SBI.

SBI vs Other Banks' Gold Loan Interest Rates

Here’s how SBI’s gold loan interest rates compare with those of other banks to help you choose the best option.

SBI Gold Loan Customer Care/ Contact Number

You can contact SBI Bank’s customer care team by calling 1800 1234/ 1800 2100 (Toll-free numbers) to get help with your SBI gold loan. 

You can also give a missed call on 7208933143 or SMS ‘GOLD’ on 7208933145 to get a call back from SBI’s contact centre to resolve your queries.

Conclusion

SBI is one of India's largest public sector banks where you can avail of great offers on your gold loan. SBI gold loan is a secured loan, so you need to pay lower interest rates on your loan amount. You can apply online or visit your nearest branches to get a gold loan from SBI today.