Karnataka Bank Gold Loan Interest Rate

Karnataka Bank gold loan is available against the pledge of gold ornaments for immediate financial requirements for agricultural purposes, business and personal needs. You can get a loan amount of up to Rs. 25 Lakhs at an affordable gold loan interest rate. The Karnataka Bank gold loan interest rate starts at 9.23% p.a.

  • Features
  • Compare Interest Rate
  • Types of Gold Loans
  • Gold Loan Per Gram Rate
  • Fee & Charges

Features of Karnataka Bank Gold Loan

The key features of Karnataka Bank gold loan are as mentioned below:

  • Karnataka Bank loan against gold can be availed of to meet immediate financial requirements for agricultural, business, and personal needs.
  • The loan amount of up to Rs. 25 Lakhs can be availed of against the pledge of gold ornaments.
  • Karnataka Bank gold loan interest rate starts from 9.23% p.a. for KBL-Agri Gold Loan, 9.53% p.a. for General Gold Loan, and 9.78% p.a. for KBL GOLD en CASH-OD.
  • The tenure available for repayment varies from 6 months to 12 months.
  • No processing charges are levied for advances against gold up to Rs. 50,000.
  • You can use the online gold loan calculator to calculate your Karnataka Bank gold loan Equated Monthly Instalment (EMI).
  • The bank offers multiple repayment options to choose from, such as Term Repayment, Overdraft, and Bullet Repayment. Repayment should be made on the due date, and servicing of interest has to be done monthly for general gold loans.
  • The documents required for a gold loan may vary depending on the type of scheme to be availed of by the applicant.

Compare the Interest Rate of the Top Banks from Karnataka Bank

Below is the comparison of the Karnataka Bank gold loan interest rate with the gold loan interest rates of other lenders. Based on the following features, you can check the best gold loan bank before applying for the loan:

BankRate of Interest (p.a.)Loan AmountProcessing FeeTenure
Karnataka Bank Gold Loan9.23% p.a. onwardsUp to Rs. 25 Lakhs0.25% (minimum Rs. 250) + applicable tax6 - 12 months
IDBI Bank Gold Loan5.88% p.a. onwardsRs. 10,000 - Rs. 20 Lakhs1%3 - 12 months
UCO Bank Gold Loan7.40% - 7.90% p.a.No upper limitUp to 0.20%Decided by the bank
PNB Gold Loan8.65% p.a.Rs. 25 000 to Rs. 25 Lakhs0.30% or Rs. 500 + GST, whichever is higherUp to 12 months
Bank of Baroda Gold Loan9.20% - 9.30%Up to Rs. 25 LakhsUp to 0.50% + GST1 year - 3 years
Canara Bank Gold Loan13% onwardsRs. 5,000 - Rs. 35 Lakhs1%6 months - 1 year
HDFC Bank Gold Loan7.60% - 16.81%Rs. 25,000 onwards (Rs. 10,000 onwards in rural markets)1%3 months - 2 years
SBI Gold Loan8%Rs. 20,000 - Rs. 50 LakhsNil till 31.01.2023Up to 3 years
Indian Bank Gold Loan8.25% onwardsNo upper limit0.50%Up to 35 months
ICICI Bank Gold Loan10% - 17.95%Rs. 50,000 - Rs. 1 Crore1%6 months - 1 year
Kotak Mahindra Bank Gold Loan8% - 17%Rs. 20,000 - Rs. 1.5 CroresUp to 2% + GSTUp to 4 years
Axis Bank Gold Loan17% - 19%Rs. 25,001 - Rs. 25 LakhsUp to 0.50%6 months - 3 years

Types of Gold Loans in Karnataka Bank

Karnataka Bank offers the following three types of gold loan schemes:

  • KBL-Agri Gold loan (finance against the security of gold ornaments for agricultural purposes): 9.23% p.a.
  • General Gold Loan (for personal purposes). 
  • KBL GOLD en CASH-OD (overdraft facility).

Gold Loan Per Gram Rate in Karnataka Bank

Currently, the Karnataka Bank gold loan rate per gram today is Rs. 2,900 to Rs. 3,450. The rate depends on the loan amount to be availed of, the tenure of repayment, interest rate, and other factors.

The following are the details of the latest Karnataka Bank gold loan interest rates w.e.f. 09.06.2025:

  • KBL-Agri Gold loan (finance against the security of gold ornaments for agriculture purposes): 9.23% p.a.
  • General Gold Loan: 9.53% p.a. for a loan up to Rs. 2 Lakhs and 9.83% p.a. for a loan above Rs. 2 Lakhs to Rs. 25 Lakhs.
  • KBL GOLD en CASH-OD: 9.78% p.a.

Interest rates for Karnataka Bank gold loan are linked to the External Benchmark based Lending Rate (EBLR) for loans less than Rs. 500 Lakhs (excluding MSME loans).

Karnataka Bank Gold Loan Fee & Charges

Apart from the Karnataka Bank gold loan interest rate, the borrower has to pay the following charges on the loan:

  • Processing fees:
    • Agricultural & General Gold Loan (priority and non-priority) of above Rs. 50,000: 0.25% of the loan amount with a minimum of Rs. 250 + applicable tax.
    • For advances against the bank’s own deposits, including ODAD, Gold Loan up to Rs. 50,000 & government-sponsored schemes: Nil.
  • Gold loans handling charges (one time): 
    • Rs. 150 for Agricultural Gold Loans & Rs. 250 for General Gold Loans for all new sanctions w.e.f 20.04.2020.
  • Reappraisal charges for gold loans:
    • Up to 10 gold loan packets: Up to Rs. 500.
    • Above 10 packets: Up to Rs. 500 + Rs. 25 per packet from the 11th gold loan packet and conveyance.

FAQs

The following are the details of the latest Karnataka Bank gold loan interest rates w.e.f. 09.06.2025:

  • KBL-Agri Gold loan (finance against the security of gold ornaments for agriculture purposes): 9.23% p.a.
  • General Gold Loan: 9.53% p.a. for a loan up to Rs. 2 Lakhs and 9.83% p.a. for a loan above Rs. 2 Lakhs to Rs. 25 Lakhs.
  • KBL GOLD en CASH-OD: 9.78% p.a.

A good credit score is not required to apply for the Karnataka Bank gold loan as it is a fully secured credit service offered against your gold as collateral security.

No, the bank does not hide any charges and all the fees and charges associated with gold loans are communicated upfront.

The tenure available for repayment of the gold loan in Karnataka Bank varies from 6 months to 12 months.

No. Having a bank account is not necessary to avail of a Karnataka Bank gold loan. However, as an existing customer of the bank, you may be eligible for pre-approved gold loan offers at attractive Karnataka Bank gold loan interest rates.

Karnataka Bank can extend the gold loan repayment tenure on the borrower's request. The renewal process is simple. You just have to visit the nearest branch with all your loan-related documents and request for renewal.

Updated On Jun 9, 2025
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Written By Reshma RawatAssistant Content Manager of MyMoneyMantraCredit Cards, Credit Score, Personal Loan, Home Loan, etc.

Reshma Rawat is a passionate writer, with a decade of experience in writing for a variety of domains (finance, technology, lifestyle, e-commerce, real estate, etc.). Currently, she is working as Assistant Manager - Content @MyMoneyMantra, and writes blogs & webpages on financial products (loans, credit cards, insurance, financial policies by government, mutual funds, etc.

Assistant Content Manager of MyMoneyMantra
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Written By Abhijeet SinghSenior Editor of MyMoneyMantraCredit Cards, Credit Score, Personal Loan, Home Loan, etc.

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Senior Editor of MyMoneyMantra