Kerala Gramin Bank Gold Loan

Gold Loan @ 7.10%

Apply & Get Instant Money


Advantages of Kerala Gramin Bank Gold Loan:

  • High Pace: Kerala Garmin Gold Loan is easily attainable. The credit gets passed in 60 minutes.
  • Fewer Documents: The documents required are minimum in number, and the process is direct and steady.
  • Transparent System: The bank gives a clear look to the loan consumers; that is, there are no undefined charges.
  • The extent of Loan: Kerala Gramin Bank provides a quantitative amount of Rs.15000 to the clients and less to the clients from provincial areas, which is  Rs.10000.
  • Jewelry is Secured: It is the duty of Kerala Gramin Bank to keep the ornaments in custody. They should be protected from fire.
  • Tenure of Allowance: The tenure of the credit should vary from 3 months to 2 years. Hence, the applicant can elect it discussing happiness hours.
  • Favorable to Farmers: Kerala Garmin bank foster’s special benefits to the farmers. They are given loans at a low-interest rate.
  • No Debt Burden: In some situations, the client fails to reimburse the amount, there is no worrying of debt, the bank will confiscate your ornaments and keep it with them till the date you repay them.
  • No Income bounds: There are no margins lined up for higher or lower-income applicants in Kerala Garmin bank everybody can apply for a gold loan.

How Much Gold Loan can I Get through Kerala Gramin Bank Gold Loan:

Kerala Gramin Bank Gold Loan Per Gram – Updated September 2020:

Updated - Gold Loan Per Gram Rate

Gold Weight

Gold Purity

Gold Purity

Gold Purity

Gold Purity

24 Carat

22 Carat

20 Carat

18 Carat

1 gram

4680 4290 3900 3510

10 gram

46800 42900 39000 35100

20 gram

93600 85800 78000 70200

30 gram

140400 128700 117000 105300

40 gram

187200 171600 156000 140400

50 gram

234000 214500 195000 175500

100 gram

468000 429000 390000 351000

200 gram

936000 858000 780000 702000

300 gram

1404000 1287000 1170000 1053000

400 gram

1872000 1716000 1560000 1404000

500 gram

2340000 2145000 1950000 1755000


Kerala Gramin Bank Gold Loan Eligibility:


18-70 years of age



Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats


Kerala Gramin Bank Gold Loan Documents Required:\


2 Passport Size

Identity Proof

Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)

Residence Proof

Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)


Kerala Gramin Bank Gold Loan Interest Rate, Fees, and Charges:

HDFC Gold Loan Interest Rate

7.00% per annum

Processing Fee

1.50% of the Principal Loan Amount

Prepayment/Foreclosure Charges

2%+GST (Within 3 Months), 0 (After 3 months)

Valuation Fee

Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs

Late Repayment Charges

2% p.a. + Applicable rate of interest.

Renewal Processing Fees

Rs 350 + GST


About Kerala Gramin Bank Gold Loan:

Kerala Gramin Bank helps its clients with the amazing schedule of getting a gold loan more conveniently and smoothly. You can avail of a gold loan at feasible interest rates with high funding. Kerala Gramin Bank is recognized as a renowned gold loan provider. It helps individuals with exciting offers and gets them out of their desolating life.

  • Kerala Gramin Bank Gold Loan Interest Rate is 7.10% per annum
  • Kerala Gramin Bank Gold Loan Per Gram is ₹ 5,255
  • Kerala Gramin Bank Gold Loan Tenure: Up to 24 months
  • Kerala Gramin Bank  Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Kerala Gramin Bank Gold Loan:

  • Loan Against Gold – Gold Loan indeed a secured loan. Kerala Gramin Bank gives loans to the people to meet the interim and longstanding necessities. Automatically, a gold loan is provided to the clients at a low-interest rate when compared to other kinds of credits availed. This brings faith for the customers in lending them a huge amount.
  • Loan Against Gold for Agriculture – Kerala Gramin bank gives an affordable interest rate. Primarily, agricultural workers are given interesting offers. Kerala Gramin Bank prevails them a loan at a low borrowing rate. For the same, you have to provide land evidence to the bank that mentions the purpose behind the loan.

Kerala Gramin Bank Gold Loan EMI Calculator:

Rate of Interest
6 months
1 Yr
2 Yrs
3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466


How to Pay Your Kerala Gramin Bank Gold Loan EMI?

  • Standing Instruction (SI): Standing Instruction is the staunched process of disbursement if you are a current account holder of Kerala Gramin Bank. Your EMI unequivocally gets credited from the present record.
  • Electronic Clearing Service (ECS): This process is executed only if you have a non-Kerala Gramin bank record and you want for EMI to be owed from your recent account.
  • Post-Dated Checks (PDC): Post Dated EMIs statement should be investigated at the Kerala Gramin Bank loan center located nearby. And, your new version of PCDs should be presented from time to time.

Kerala Gramin Bank Gold Loan Contact Number:

Dial 9878981144 for various funding related details and best deals and offers of Kerala Gramin Bank Gold Loan.

Gold Ornaments Accepted by Kerala Gramin Bank:

  • Gold Jewellery- Kerela Gramin Bank welcomes Gold bracelet, Gold rings, or Gold Necklace. Any ornament can be accepted, but it should be of gold.
  • Quality- The purity of gold should be between 18 to 22 carats, then only you are allowed your gold with the bank.

Use of Kerala Gramin Gold Loan:

  • You might need the cash for achieving the set targets to make your business grow.
  • Funding the interim and lifelong requirements like climbing, traveling, and education loans, medical fees respectively.
  • Furthermore, the amount can be utilized for farming associated work.

Gold Loan Interest Rate of Major Banks


 Interest Rates

HDFC Bank Gold Loan

7.10% – 14.50%

ICICI Gold Loan

7.10% – 16.10%
Muthoot Finance Gold Loan

7.10% – 24.00%

Axis Bank Gold Loan

7.10% – 17.10%
Manappuram Gold Loan

7.10% – 26.00%

Yes Bank Gold Loan

7.10% – 15.99%
Bank of India Gold Loan

7.10% – 26.00%

Federal Bank Gold Loan 

7.10% – 13.50%
IIFL Gold Loan

7.10% – 12.00%

Central Bank of India Gold Loan

7.10% – 14.65%

Canara Bank Gold Loan

7.10% – 12.65%

Allahabad Bank Gold Loan

7.10% – 10.45%

Induslnd Bank Gold Loan

7.10% – 15.75%
PNB Gold Loan

7.10% – 11.75%

Bajaj Finance Gold Loan

7.10% – 26%
SBI Gold Loan

7.10% – 15.99%

Indian Bank Gold Loan

7.10% – 15.99%
UCO Bank Gold Loan

7.10% – 26.00%

Kotak Mahindra Bank Gold Loan

7.10% – 13.50%
Syndicate Bank Gold Loan

7.10% – 12.00%


FAQs About Kerela Gramin Bank Gold Loan:

  • What is Kerela Gramin Bank Gold Loan?

The Kerela Gramin Bank Gold Loan is a gold loan service for helping financially weak individuals. It also comes with affordable interest rates.

  • How can I get the Gold Loan from Kerela Gramin Bank?

You can get the Kerela Gramin Bank Gold Loan by visiting any of the nearest Kerela Gramin branches; otherwise, you can apply online with MagicLoans from your home.

  • What is the Gold Loan Interest Rate in Kerela Gramin Bank?

The Gold Loan rate in Kerela Gramin Bank is 7.10% per annum.

  • How much Gold Loan can I get per gram in Kerela Gramin Bank?

The per gram Gold Loan in Kerela Gramin Bank is ₹ 5,255 Per Gram.

  • How to check Gold Loan status in Kerela Gramin Bank?

View your Kerela Gramin Bank Gold Loan status, just visit the Kerela Gramin Bank loan status tracker web page and fill in your details within the application given.

  • How to calculate Gold Loan Interest in Kerela Gramin Bank?

Calculations related to gold loan interest in Kerala Gramin Bank can be done by using an EMI calculator that gives you correct figures based on the record you mentioned.

  • How to Pay Kerela Gramin Bank Gold Loan Interest Online?

You can pay Kerela Gramin Bank Gold Loan interest online through net banking on the official Kerela Gramin Bank loan repayment website or else; you can repay your Kerela Gramin Bank Gold Loan on Paytm.

  • What if I can’t pay the interest on Kerela Gramin Bank Gold Loan for 3 months?

If you are not refunding your Kerela Gramin Bank Gold Loan within 3 months, the bank will first caution you of your pending dues. If the payment requests have not listened, legitimate activities will be done by the Kerela Gramin Bank.

  • How can I apply for EMI Moratorium on Kerela Gramin Bank Gold Loan?

Applying for EMI Moratorium on Kerela Gramin Bank Gold Loan now between the 1st March and 31st August 2020 and finish it by contacting the Bank customer care or visiting the closest Kerela Gramin Bank branch.