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

A gold loan is a loan taken against your gold assets, with the repayment due at the end of the tenure along with interest. State Bank of India (SBI) offers gold loans of up to ₹50 lakhs against 18-24K gold items such as jewellery, gold bonds, and more.

In this article, you'll learn about SBI gold loans, including the SBI gold loan interest rate for 2025, fees, required documents, eligibility criteria, and other important details.

Highlights of SBI Gold Loan

Features of SBI Gold Loan

• Customers can avail gold loans between Rs. 20,000 to Rs. 50 lakh against the security of gold ornaments, including gold coins sold by Banks.
• Applicants can avail gold loan for medical expenses, margin money for home loan/ education loan and travel including consumption purpose.
• Customers can repay the gold loans through monthly EMIs (Demand loan) or by paying the principal and interest amount before maturity of loan (Bullet repayment loan).
• The repayment period of the gold loan ranges between 12 months and 36 months, depending on the loan scheme.
• Applicants cannot get gold loan against the security of primary gold i. e., 24-carats gold bars and biscuits.
• The bank will return the gold items provided as security up on 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 15/07/2025

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 plus 1.25%.

In addition to the interest, there are processing/inspection charges. For loans above ₹50,000, farmers must pay a fee:

• For loans between ₹50,001 and ₹2 lakh, the fee is ₹500 plus GST.
• For loans exceeding ₹2 lakh, SBI charges 0.30% of the loan amount, along with additional GST as the inspection/processing fee.

SBI Gold Loan Eligibility Criteria

State Bank of India has mainly two types of Gold loans. These are the eligibility criteria for the same.

In SBI Personal Gold Loan

• The age 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.

In SBI Realty Gold Loan

• The age must be 18 years or above. 
• You must be a housing loan borrower of SBI Bank (Existing and new customers are allowed).

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 Realty Gold Loan Fees

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 lakh under both the gold loan schemes. 

How to Close Gold Loan in SBI?

You can simply close your SBI gold loan by paying your outstanding EMIs. SBI bank allows you to pay your outstanding monthly EMI online and offline. You can close your gold loan after successfully repaying the outstanding loan amount. SBI Bank will provide you with a no-objection certificate (NOC) once you pay your gold loan dues, and your loan account will be closed.

SBI Gold Loan Interest Rate Calculator

Your gold loan interest depends on factors like principal amount, interest rate, and loan tenure. You can use the EMI calculator provided by SBI Bank to calculate your gold loan interest and EMI.

After opening the calculator, you have to enter the principal, annual rate of interest and loan tenure. Then, you will see the total interest and EMI you have to pay. 

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

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.

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.