Gold Loan Interest Rates & Charges
Clear, upfront pricing on every Suvarna Raksha gold loan - competitive interest rates, a small processing fee, and no charges for repaying early.
Gold Loan Calculator
Get an instant, indicative estimate in seconds.
*Indicative only. Final amount depends on physical purity testing & weight at the branch.
Gold loan interest rate slabs
Your exact rate depends on the repayment plan, loan-to-value, tenure and gold purity. Lower LTV and regular EMIs usually mean a lower rate.
| Repayment plan | Interest rate (p.a.) | How you repay |
|---|---|---|
| Monthly interest | 18%* onwards | Pay interest monthly; repay principal at the end. |
*Indicative ranges. Actual interest rate is decided at the time of sanction based on the scheme\n selected and Piramal Finance's prevailing policies.
| Gold Value | Loan-to-Value (LTV) |
|---|---|
| Up to ₹2.5 Lakh | 85% |
| ₹2.5 Lakh and < ₹5 Lakh | 80% |
| ₹5 Lakh and above | 75% |
Fees & charges
Everything you may be charged, in one place. GST applies on fees and charges as per law.
| Charge | Indicative amount |
|---|---|
| Interest rate | 18%* onwards |
| Processing Fee for Fresh | Up to 0.15% of the loan amount + GST |
| Processing Fee for Top-up | ₹ 200 + GST |
| Processing Fee for Renewal | ₹ 200 + GST |
| Convenience Fee for Part Release | NIL |
| Foreclosure Charges | NIL (Minimum of 15 days interest will be charged if loan is closed within 15 days) |
| Gold valuation charge | Rs. 250 - Rs. 500 per loan |
| Penal Charges | 0.5% p.m. on the overdue amount |
| Safe Custody (post loan maturity) | ₹10/gm per month + GST |
| Stamp Duty & Statutory Levies | Actuals as per State Laws |
| Document Charges | NIL |
| Notice Charges | ₹ 200 + GST |
| SMS Charges | ₹6 per quarter (incl. GST) |
| Auction Charges | On Actuals |
*All charges are indicative and for illustration only. Exact charges are confirmed in your\n sanction letter / key fact statement and are subject to Piramal Finance's prevailing policies.
Gold loan EMI calculator
Estimate your monthly EMI, total interest and total payable for the monthly-EMI plan.
*Indicative, on a reducing-balance basis for the monthly-EMI plan. Interest-only and bullet\n plans are calculated differently.
How gold loan interest is calculated
Reducing-balance method
Interest is charged only on the outstanding principal. As you repay, the principal falls, so the interest portion of each EMI reduces over time.
- ✓Interest accrues on the balance you still owe, not the original amount.
- ✓Repaying early or part-paying reduces your total interest.
- ✓No foreclosure penalty, so closing early always saves money.
Representative example
*Illustrative only; excludes applicable GST and statutory charges.
Choose a repayment plan that suits you
Monthly EMI
Equal monthly instalments of principal and interest - usually the lowest rate.
Interest-only
Pay just the interest each month and the full principal at the end of the tenure.
Bullet repayment
Pay nothing during the tenure; settle principal and interest together at maturity.
Part-payment anytime
Pay down the principal whenever you have surplus - with zero charges.
Factors that determine your interest rate
Gold purity & weight
Higher-purity gold and larger eligible value can improve your loan terms.
Benchmark & market rates
Prevailing interest-rate environment and gold prices influence pricing.
Repayment track record
A clean repayment history with us can help you qualify for our best rates.