KBL Gold Loan

In times of need, your gold ornaments can be more than just a symbol of wealth. Our Gold Loan is tailored to provide immediate funds for a variety of needs, be it for agricultural purposes, business expansion, or personal emergencies. With simple processing and a quick sanction process, you gain access to funds by pledging your gold ornaments as collateral. Offering flexible repayment options, including term repayment, overdraft, and bullet repayment, our Gold Loan scheme ensures you have the financial flexibility you need, without having to sell your cherished assets. We are committed to igiving you the power to leverage your assets in the most efficient way. Read more

KBL-Swarna Bandhu Scheme

A new Gold Loan Product named as “KBL Swarna Bandhu” through which Bank will be able to provide Gold Loan services at customer doorstep has been initiated by Karnataka Bank in-association with Sahibandhu FinTech Services Pvt. Ltd. as Business Correspondent/Business Facilitator.

Not more than 12 months

Gen. Gold loan - 13.50%Agri. Gold loan - 14.00%

Min. ₹50,000/- to Max ₹1 Lakh

Make matters simple and straightforward

A smart calculator for smart spending and savings

निश्चित नहीं कि कौन सा उत्पाद आपके लिए है?

अपने लिए सही उत्पाद ढूंढने में विशेषज्ञ केबीएल की सहायता प्राप्त करें

  • कोई स्पैम कॉल नहीं
  • केवल केबीएल विशेषज्ञ
  • अनुकूलित शेड्यूलिंग

Eligibility criteria

Indian resident
  • Individuals above 18 years of age
  • Suitable for all income groups
  • No credit history required

As easy as 1,2,3...

Apply for a KBL Gold Loan in 3 simple steps

Step 1

Visit your nearest branch

Go to your nearest Karnataka Bank branch

Step 2

Start with your basic details

Provide your basic details and keep your documents handy

Step 3

We’ll take care of the rest

Our branch officials will notify you when your loan is sanctioned

sb

Simplify loans with easy reads

Bite-sized resources that keep you informed

Got questions? We’ve got answers.

How is the value of my gold determined for the loan?

The value is assessed based on the purity and weight of the gold ornaments. We ensure a fair and transparent valuation process to determine the loan amount.

You have the flexibility to choose from term repayment, overdraft, or bullet repayment, allowing you to select the option that best suits your financial situation.

Absolutely. Your gold is securely stored and insured during the loan tenure, ensuring its safety and giving you peace of mind.

We take the security of your pledged gold very seriously. During the loan period, your gold is stored in our secure vaults and is fully insured, ensuring its safety and security until you repay the loan and it's returned to you.

Yes, we often offer preferential interest rates for loans used for agricultural purposes. The specific rates can vary, so we recommend discussing this with our loan officer for detailed information."

Advantages of gold loans

A gold loan is a secured loan where borrowers pledge their gold jewelry or coins as collateral. It's a quick way to access funds for short-term financial needs or emergencies. The primary advantage of a gold loan is the relatively lower interest rates compared to unsecured loans, as the risk for the lender is mitigated by the collateral. Gold loans are typically processed quickly, sometimes within a few hours, with minimal documentation. They are flexible in terms of repayment options, often allowing borrowers to pay interest only during the tenure and principal at the end. Leverage the value of your gold assets with our gold loan services. Whether you need a quick gold loan or an easy gold loan, we offer fast disbursals to meet your immediate financial needs. Our gold loan interest rates are among the most competitive in the market, and with our gold loan emi calculator, planning your repayments is straightforward. Understand the true value of your assets with our maximum gold loan per gram offering, ensuring you get the best out of your gold.

Interest rates for gold loans are determined based on the loan to value ratio, quality of gold, and market rates. The loan amount is a percentage of the gold’s current market value. It's important to understand the lender's valuation process and the terms of the loan, including tenure, interest rate, and any processing or handling fees. Be aware of the consequences if the gold price drops significantly or in case of default.

Do ensure the gold pledged is appropriately insured and securely stored by the lender. Keep track of gold prices, as significant fluctuations can affect your loan terms. Be clear about the repayment structure and ensure you can adhere to it. Don't underestimate the emotional value of the gold being pledged. Avoid defaulting on the loan, as it could lead to the loss of the gold.