SBI Gold Loan Interest Rate 2026: 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 ₹50 lakhs against 18 to 24 karat gold. The SBI gold loan interest rate 2026 start from 8.75% p.a., depending on the scheme.

Key Highlights

• Loan Amount: ₹20,000 to ₹50 lakhs
• Loan Tenure: 3 months to 36 months
• Processing Fees: 0.25% of the loan amount + GST

SBI Gold Loan Interest Rate 2026

SBI offers various types of gold loans at different interest rates. The tables below provide the SBI gold loan interest rate 2026 for different gold loan schemes: 

i. SBI Personal Gold Loan

ii. SBI Realty Gold Loan

*Interest rates are indicative for January 2026 and subject to change as per SBI guidelines.

SBI Gold Loan Rate per Gram

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

As per RBI guidelines, the maximum Loan-to-Value (LTV) is capped at 75% of the market value of the gold.

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 SBI gold loan interest rate, there are processing/inspection charges:

SBI Gold Loan Eligibility Criteria

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

• Applicants must be 18–70 years old and have a stable income. 
• Income proof or bank statements are required for loans above ₹2.5 lakh, except for pensioners and certain bank customers.

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)
• Proof of income, Form 16, or bank statements are required for loans above ₹2.5 lakh.

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

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.

SBI Gold Loan Processing Fee

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

i. SBI Personal Gold Loan Fees

ii.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 ₹50 lakhs under both the gold loan schemes. The bank maintains standard margin requirements: 28% for EMI-based, 35% for 12-Month Bullet, and 26% for Overdraft.

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 2026 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 2026 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.

Final Word

The SBI gold loan interest rate 2026 makes SBI gold loans a cost-effective borrowing option backed by simple documentation and flexible repayment. By understanding the SBI gold loan interest rate, fees, eligibility, and process, borrowers can choose the most suitable gold loan scheme to meet their financial needs efficiently.