PNB Gold Loan

Gold Loan at 7.10%* p.m.

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PNB Gold Loan Key Features

PNB Gold Loan Interest Rate 7.15% per annum
PNB Gold Loan Per Gram Rate Per Gram Today is ₹ 5,293
PNB Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
PNB Gold Loan Processing Fee 1.50% of the Principal Loan Amount
PNB Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
PNB Gold Loan Repayment Tenure 3 Months to 24 Months
PNB Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

About Punjab National Bank Gold Loan

Punjab National Bank is one of the oldest and biggest financial institutes in the country. It was founded in 1894, by the end of the financial calendar of 2018-2019 it had over 110 million customers. The gold loan has been one of the biggest factors in the earnings of the bank. Gold Loan is given to the applicant who wants to have access to a certain loan amount against their Gold.

PNB Gold Loan Eligibility

There are some conditions that the applicant should fulfill to get a PNB Gold Loan. These are written below

  1. First of all age of the applicant should be more than 18 years and less than 65 years. He/she should be able to return the loan amount on time.
  2. Besides that, she/he should have some rigid source of income so that he can give an interest rate to the bank.
  3. After that applicants should have gold in the form of jewelry. But the purity of the gold should be 18 karats to 22 karats.

Features of PNB Gold Loan

  1. First of all PNB Gold Loan doesn’t accept gold in the form of gold bars, and gold coins.
  2. Starting amount of that can be provided to the customers is up to Rs.10,00,000
  3. Time for the disbursal of the loan is very less here. Therefore you will be able to get the amount of loan in your account within a few minutes.
  4. PNB finance provides very tight security to the gold assets provided by the customers. So the customer’s gold is kept under three-layer security. So there is no risk.
  5. Most noteworthy is that there are no charges for closure.
  6. PNB finance provides the facility of prepayment also, there are no penalty charges for this.
  7. The applicant has to return within 12 months. 
  8. 1% of the loan amount is charged as the processing fees.
  9. Most importantly there are no prepayment or part payment charges.
  10. Besides, that service tax and other governmental tax charges will be applied.

Interest Rate of PNB Gold Loan

Interest rate of PNB Gold Loan starts from 7.10%. The more the interest rate more will be the EMI. You can pay back your loan (PNB gold loan payment) in two ways. Either you can keep the EMI constant and change the time period of the loan Or you can decrease the EMI and keep the time period of the loan the same.

  1. First of all the interest rate for one month is 7.10%.
  2. Furthermore, it will be 15% for 1 to 3 months.
  3. For 3-12 months the interest rate will be 20% and for more than 12 months it is 21% onwards.

Documentation required for PNB Gold LoanPNB Bank Gold Loan

The process of documentation is very easy and simple.

  1. Identity proof (Passport/Id card/voter card/driving license) can be any one of them.
  2. 3 passport size photos
  3. A passport is can be an ID proof because a passport has a name, age, address, and photograph of the customer. If you are having a passport then there is no need to bring your address proof separately.
  4. Residence proof can be Aadhar card, voter card, and passport (Passport/Id card/voter card/driving license). Electricity and water bill for the last three months because these are the proofs that you are residing in that particular place.
  5. Driving license can also be a proof of identity and residence proof because it contains the name, date of birth and a photograph of the customer.
  6. Aadhar card provided by UIDAI that contains biometric details of the customers like age date of birth and photograph of the individual.
  7. PAN card is the permanent account number and it prevents financial frauds. So it can be an identity/residence proof. Pan Card is a very essential document under KYC (know your customer) formality.
  8. Ration card also can be a residence proof because it provides enough information about the applicant.

Why is an excellent platform to apply for a loan?

Here, we are to provide you with the loans, and here we are to offer loans and tell you why is better than other websites. here values your time, and thus we provide you loans in a quicker period. There are many perks if you choose us over the other website:

  1. To begin with, you will enjoy many benefits if you decide to take your personal loan from us
  2. After that, you have to fill the personal Loan form, and you will receive a call from our relationship manager.
  3. Besides this, more concessional rates will be provided to you besides all of the other facilities.
  4. And there is no need to go to the bank.
  5. Furthermore, your documents will be picked up from your doorstep.

PNB Gold Loan Features

  1. First of all Know your Gold loan eligibility in 1 minute, available online and across all branches.
  2. After that Highly competitive interest rates for Gold loans.
  3. Besides that Special offers, interest rates, and nominal charges for Punjab National Bank account holders.
  4. And Special gold loan offers* for women employees.

PNB Gold Loan Benefits

  1. First of all Simple documentation
  2. After that Competitive pricing
  3. Besides that gold loan disbursal is very quick.
  4. And Transparent procedure
  5. Gold loans available for Marriage and other Personal Needs.

How to Apply on

  1. To begin with, you have to look up for on google.
  2. Thereafter, a form will open up and you have to fill-up the form with the appropriate information.
  3. You will get more information from us following that.
  4. Search for on google

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%