Federal Bank Gold Loan
India's widest gold loan range — ₹3,000 to ₹1.5 Crore at BRLLR-linked floating rates (from ~8.49% agri), with Kisan Gold up to 90% LTV, a 24x7 Digi Gold Overdraft, free gold insurance and doorstep service via Rupeek/Orocorp.
Federal Bank's gold loan interest rate is BRLLR-linked — floating 8.89%–9.59% p.a. (fixed 9.79%–21.50%; headline from ~8.49% for agri). Loans range from ₹3,000 to ₹1.5 Crore against 22-carat gold at up to 75% LTV (up to 90% for Kisan Gold), with schemes including General Gold Loan, Digi Gold Overdraft (24x7 funds, ATM card, free insurance), EMI Gold Loan, IGL PRIME and ISS KCC Gold. Processing fees are scheme-specific (e.g. 0.39% min ₹500 for GGL), penal is up to 8% on delayed repayment, and gold is valued at the lower of IBJA's 30-day average or preceding-day price.
Data source: Federal Bank official website · Reviewed 2026-07-30 · Indicative only.
💰 Maximum Loan Per Gram Today
At 75% LTV (RBI cap) · Live indicative gold rate
Loan amount = (today's gold rate per gram × 75%) · Indicative only. Final amount depends on branch appraisal of purity and net weight.
🧮 Check Your Federal Bank Gold Loan Eligibility
Enter your gold weight to estimate the maximum loan amount, monthly interest, and EMI at Federal Bank's indicative rate of 8.49% p.a.
Estimate based on indicative gold rate and Federal Bank's published rate of 8.49% p.a. Actual disbursal depends on branch-level gold appraisal, net weight (after deducting stones/wax), and KYC.
📋 Federal Bank Gold Loan — Quick Facts
📑 Federal Bank Gold Loan Schemes Compared
Side-by-side comparison of all 6 gold loan variants from Federal Bank. Choose the scheme that matches your repayment preference.
| Scheme | Interest Rate | Tenure | Repayment | LTV | Processing Fee | Best For |
|---|---|---|---|---|---|---|
| Federal General Gold Loan (GGL) | BRLLR-linked floating (≈ 8.89% – 9.59% p.a.) | 6 – 12 months | Bullet — principal at maturity; periodic interest servicing | 75% (25% margin) | 0.39% of sanctioned limit, min ₹500 (upfront on disbursal) | Individuals & families needing quick, short-term personal or business funds against gold |
| Federal Digi Gold Overdraft (OD) | BRLLR-linked floating (≈ 8.89% – 9.59% p.a.) | 12 months, renewable annually (OD) | Overdraft — interest only on utilized amount; funds usable 24x7 even on holidays | 75% (25% margin) | 0.39% of limit, min ₹500 (at opening); 0.25% min ₹500 (yearly anniversary) | Digitally-savvy borrowers wanting a revolving credit line — ATM card, online shopping, bill payments, free gold insurance |
| Federal EMI Gold Loan | BRLLR-linked floating (≈ 8.89% – 9.59% p.a.) | 6 – 12 months | EMI — structured monthly instalments | 75% (25% margin) | Up to ₹5L → ₹750; above ₹5L → 0.10% of limit, min ₹750 | Borrowers who prefer predictable monthly outflow via EMIs |
| Federal IGL PRIME (M/Q/H/EMI variants) | BRLLR-linked floating | Monthly / Quarterly / Half-yearly / EMI servicing | Flexible servicing frequency (monthly, quarterly, half-yearly or EMI) | 75% (25% margin) | 0.45% of limit, min ₹750 + GST (upfront on disbursal) | Borrowers wanting flexible interest-servicing intervals on a gold loan |
| Federal Kisan Gold (KGL) — Distressed Farmers | Priority-sector concessional rate (from ~8.49% p.a.) | Up to 12 months (renewable) | Bullet — repay at harvest / end of crop cycle | Up to 90% (priority-sector concession) | Up to ₹50,000 → Nil; above ₹50,000 → 0.39% of limit, min ₹500 | Farmers — crop cultivation, inputs, equipment & allied agricultural needs; distressed farmers get Nil fee up to ₹50,000 |
| Federal ISS KCC Gold | KCC-linked priority-sector rate | As per KCC norms | As per KCC / crop cycle | Up to 90% (priority-sector / KCC concession) | ₹1L–₹1.60L → 1.5% of limit; ₹1.60L–₹3L → 1% of limit | Farmers holding a Kisan Credit Card seeking gold-backed crop finance |
All rates and fees are indicative and sourced from Federal Bank's official website. Verify current charges at your branch before applying.
🌾 Kisan Gold (90% LTV) + Digi Gold Overdraft (24x7)
Federal Bank's two standout gold loan offerings. Kisan Gold gives eligible farmers up to 90% LTV (above the 75% RBI cap) at a concessional rate from ~8.49% p.a., with Nil processing up to ₹50,000. The Digi Gold Overdraft is a digital 24x7 revolving credit line — pledge gold, store it safely with free insurance, and use funds anytime via ATM card, online shopping or bill payments.
Kisan Gold — up to 90% LTV
Priority-sector agri gold loan at ~8.49% p.a. with up to 90% LTV; Nil processing up to ₹50,000 (0.39% above). For crop cultivation, inputs, equipment & allied agri.
Digi Gold Overdraft — 24x7 funds
Pledge gold, get a revolving OD usable 24x7 (even holidays) via ATM card / mobile / net banking. Interest only on utilized amount; free insurance; release/replace ornaments mid-tenure.
Doorstep Service via Rupeek & Orocorp
Gold loan disbursement & release at your doorstep via BC partners — Rupeek (17 cities incl. Mumbai, Delhi, Bangalore) and Orocorp (4 cities).
✅ Eligibility — Who Can Apply
- ✓Any individual can avail a Federal Gold Loan for personal, business or agricultural purposes
- ✓Farmers and agricultural borrowers eligible for Kisan Gold (up to 90% LTV) and ISS KCC Gold
- ✓NRI customers eligible via Digi Gold OD NRI (additional documents: Passport, Visa, Work Permit, ID card)
- ✓Must own pledgeable 22-carat gold ornaments; bank-minted coins accepted up to 50 grams per borrower
- ✓Existing Federal Bank customers need NO extra documents; new customers need standard KYC
- ✓For Kisan Gold: documents evidencing ownership of land (own/family) or lease/activity proof required
📄 Documents Required
🪜 How to Apply for a Federal Bank Gold Loan
Follow these 6 steps to get your gold loan disbursed. The entire process is typically completed the same day.
💸 Fees & Charges Breakdown
| Charge | Amount |
|---|---|
| Processing fee — General Gold Loan (GGL) | 0.39% of sanctioned limit, min ₹500 (upfront on disbursal) |
| Processing fee — Digi Gold OD / Digi Gold OD NRI | 0.39% of limit, min ₹500 (at opening); 0.25% min ₹500 (yearly anniversary) |
| Processing fee — EMI Gold Loan | Up to ₹5L → ₹750; above ₹5L → 0.10% of limit, min ₹750 |
| Processing fee — IGL PRIME (M/Q/H/EMI) | 0.45% of limit, min ₹750 + GST (upfront) |
| Processing fee — Kisan Gold (distressed farmers) | Up to ₹50,000 → Nil; above ₹50,000 → 0.39% of limit, min ₹500 |
| Processing fee — ISS KCC Gold | ₹1L–₹1.60L → 1.5% of limit; ₹1.60L–₹3L → 1% of limit |
| GGL / KGL Interest Servicing (yearly anniversary) | 0.25% of sanctioned limit, min ₹500 |
| Security operation fee | ₹550 per security operation (excl. GST) |
| Overdue notice charge | ₹250 (excl. GST) |
| Newspaper publication charge | ₹1,500 (excl. GST) |
| Penal charge (delayed repayment) | Up to 8% (w.e.f. 01 Jun 2025, excl. GST) |
| Gold insurance during tenure | FREE — alternate locker facility + free insurance coverage |
⚖️ Pros & Cons of a Federal Bank Gold Loan
An honest look at where Federal Bank shines — and where other lenders might suit you better.
- +Widest loan range in our directory — from just ₹3,000 up to ₹1.5 Crore (₹150 Lakh) against pledged gold
- +Agricultural Gold Loan (Kisan Gold) offers up to 90% LTV (vs the 75% RBI cap) — a standout advantage for farmers
- +BRLLR-linked floating rates from ~8.49% p.a. (agri / priority sector) — competitive vs public-sector banks
- +Digi Gold Overdraft — a 24x7 revolving credit line with ATM card, online shopping, bill payments & mobile/net banking
- +FREE gold insurance + alternate locker facility during the loan tenure
- +Doorstep service via Business Correspondents — Rupeek (17 cities) & Orocorp (4 cities)
- +Dedicated NRI Gold Loan facility (Digi Gold OD NRI) for non-resident Indian customers
- +Existing customers need no extra documents; instant sanction & quick disbursement
- –Penal charge of up to 8% on delayed repayment (w.e.f. 01 Jun 2025) — significantly higher than the 2% at many PSU banks; service interest on time
- –Fixed-rate options can go as high as 21.50% p.a. — far costlier than the floating rate and than PSU banks
- –Maximum tenure is 12 months — shorter than HDFC Bank (6–42 months) or SBI (up to 36 months)
- –90% LTV is available ONLY for Kisan Gold / Agricultural Gold Loan (priority sector); general borrowers are capped at 75%
- –Several schemes carry a yearly-anniversary processing fee (0.25% min ₹500) on top of the upfront fee — read the schedule carefully
- –Does NOT accept gold with concealed non-gold items, <18 carat, rose/white gold, vessels/watches/idols or bullion/primary gold