Rupeek Gold Loan Interest Rate

Rupeek gold loan is one of the frontrunners when it comes to availing a gold loan. Starting from 8.88% - 20.28% p.a. Rupeek gold loan interest rate has numerous benefits apart from being one of the lowest gold loan interest rates currently available in the market. You can get a Rupeek gold loan in under 30 minutes from your doorstep. 


Features of Rupeek Gold Loan

Following are the main features of Rupeek gold loan-

  • You can do your gold loan repayments online without any hassle.
  • You can do part release and full release of your gold ornaments from the comfort of your house.
  • You can get the maximum possible loan amount for your gold that you pledge with Rupeek.
  • No pre-closure charges.

Compare Interest Rate of Top Banks from Rupeek

BankRate of Interest (p.a.)Loan AmountProcessing FeeTenure
Rupeek Gold Loan8.88% - 20.28% p.a.Up to 20 LakhsNAUpto 12 months
Union Bank Gold Loan8.25% - 10.15% p.a.No upper limitRs 100 to Rs 100012 months
UCO Bank Gold Loan7.40% - 7.90% p.a.No upper limitUp to 0.20% Decided by the bank
PNB Gold Loan

8.65% 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

Get Gold Loan with No EMI Option from Rupeek

Rupeek Gold Loans are instant secured loans with no EMI option at interest rate starting at 8.88% p.a. You can avail of emergency loan ranging from Rs 50000 to Rs 20 Lakhs against gold jewellery, coins & ornaments. With bullet repayment option you repay entire loan at the end of the tenure.

Types of Gold Loan in Rupeek

There are primarily 2 types of Rupeek gold loans - Regular Rebate( non-fixed interest) and No Tension(fixed interest).

Regular Rebate Rupeek Gold Loan

FeaturesRegular Rebate (non-fixed interest rate)
Interest RateStarts from 8.88% - 20.28% p.a.

1. High Value (0.71% onwards)

2. Max Value (1.19% onwards)

3. Max Value+ (1.19% onwards)

Repayment ScheduleMonthly (Rebate available for timely payments)
Loan Tenure12 months
Best suited forCustomers with regular income who wish to avail  interest rebates by making monthly repayment in full and on time

No Tension Rupeek Gold Loan

FeaturesNo Tension (fixed interest rate)
Interest Rate8.88% - 20.28% p.a.
Sub-schemesMax value (1.39% onwards)
Repayment ScheduleAnytime payment accepted within 6 months
Loan Tenure12 months
Best suited forCustomers with irregular cash flow who want to avoid the stress of regular repayment

Gold Loan Per Gram Rate in Rupeek

The gold loan per gram rate in Rupeek is Rs 5402 as seen in July 2023. The gold loan per gram rate changes daily as per market value of one gram gold. This is referred to as LTV or Loan-to Value ratio. For example, if the LTV is 75% and the value of the pledged gold is worth Rs. 1 lakh, a borrower will get a loan of Rs. 75,000.

Rupeek Gold Loan Calculator

To know about the Rupeek gold loan calculator it is important to understand what things are needed to calculate details for your gold loan. The first and foremost important thing is the purity of your gold, if you know how many Carat is your gold then its okay but if you don’t know then you will definitely be required to get your gold valued. You can do so either at the Rupeek facilities or you can walk into any good jewellery store to know the same. Once you have the value of gold with you then it will be very easy to assess and get an idea about the amount that you can get as a gold loan. Normally banks and institutions give gold loans which is around 70-80% of the gold’s current value on that day. In case of Rupeek also, this is the process that will be followed.

Rupeek Gold Loan Fee and Charges

Please refer to the table below to know the specifics about Rupeek gold loan fee and charges.

Interest Rate8.88% - 20.28% p.a.
Tenure12 months
Repayment scheduleMonthly and One time repayment 
Loan ChargesDepends on individual case

Rupeek Gold Loan Interest Rate FAQs

Is Rupeek RBI registered?


Yes, Rupeek is RBI registered.

What are the things to keep in mind when taking a gold loan?


Before taking a gold loan, you need to pay attention to below points -

From where you can borrow

  • You can avail a gold loan from banks or NBFCs. The terms and conditions vary from one lender to another. Currently, only banks have been permitted an LTV of 90%, while NBFCs can still only lend up to 75%.

Loan amount

  • Besides the LTV ratio, your loan amount depends on the purity and valuation of your gold. This simply means that higher the purity of gold, higher the loan amount. So you will be given a loan if the purity of gold is 18 Karat or higher.
  • Do note that gems and stones are not accounted for in the valuation of your gold. You can get a gold loan only if your gold bars, coins and bullion are within 50 grams. For instance, if your gold is worth Rs 1 lakh, you will get a loan of up to Rs 90,000.

Loan tenure

  • Gold loan is given for a short duration, which usually ranges from a year to 36 months.

Interest rate

  • The interest rates for gold loans vary from lender to lender. They are slightly lower than personal loans and range between 9-29%.

Repayment terms and foreclosure charges

  • The repayment terms are different for different banks. While some lenders allow you to opt for the equated monthly installment (EMI) like a regular loan, others may ask you to pay the interest upfront and principal later. Many lenders also allow you to pay both interest and principal amount together.
  • You can also avail the gold loan as an overdraft and use it as per your requirement, just as you would a credit card. Bullet payment is also allowed by some banks at the end of the gold loan tenure.
  • Since it is a shorter-duration loan, factor in the availability of funds and understand the repayment process before going for this option. You can foreclose your loan if you want; however, some banks may charge up to 1% of your outstanding dues.

How is the interest rate calculated for gold loans in Rupeek?


The interest rate depends on the purity and quantity of gold that you are pledging into the bank or financial institution.

What are the documents that I need to submit?


A gold loan only requires you to submit KYC documents for verification before the loan can be processed and disbursed. This includes ID proof and address proof, which can be a driver’s license, Aadhar card, voter ID, PAN card, or passport. Along with this, a utility bill or lease agreement must be provided.

What is the maximum tenure of Rupeek gold loan?


The maximum tenure for Rupeek Gold Loan is 12 months