PNB Gold Loan 2026
Punjab National Bank’s gold loan is available at most of its branches for personal and agricultural needs. Interest rate 8.95% – 9.25%, loan ₹25,000 – ₹25 lakh, tenure Up to 12 months for bullet/OD (renewable); up to 36 months EMI.
Rates as of Feb – Sep 2026 · Checked 30 September 2026PNB Gold Loan at a glance
- Among the lowest rates
- Overdraft option
- Maximum ₹25 lakh
PNB gold loan interest rate & charges
| Feature | PNB |
|---|---|
| Interest rate | 8.95% – 9.25% |
| Rate details | 8.95% (Sep 2026, aggregator) to 9.25% for demand loan / overdraft (Feb 2026). |
| Processing fee | 0.30% of loan or ₹500, whichever is higher, + GST |
| Loan amount | ₹25,000 – ₹25 lakh |
| Tenure | Up to 12 months for bullet/OD (renewable); up to 36 months EMI |
| Prepayment / foreclosure | No charge on floating-rate loans to individuals |
| Repayment | EMI, bullet (up to 12 months) or overdraft |
| Agri option | Agricultural gold loans for farmers |
Special schemes & features
Demand loan, overdraft or term loan
Source: www.paisabazaar.com, Feb – Sep 2026. Rates are indicative; your rate depends on your profile. Always check the Key Facts Statement (KFS) for the APR before signing.
EMI at PNB’s rates
| Loan amount | EMI @ 8.95% | EMI @ 9.10% | EMI @ 9.25% |
|---|---|---|---|
| ₹1,00,000 | ₹8,743 | ₹8,750 | ₹8,757 |
| ₹3,00,000 | ₹26,228 | ₹26,249 | ₹26,270 |
| ₹5,00,000 | ₹43,714 | ₹43,749 | ₹43,784 |
Tenure 1 year, reducing-balance method. Total interest on ₹2,00,000 at 8.95%: ₹9,828.
PNB gold loan EMI calculator
Eligibility
- Any individual aged 18 or above (upper age limits vary; often 70–75)
- Owner of gold jewellery or bank-issued gold coins (coins up to 50 g in total)
- Farmers for agri gold loans (land records may be needed)
- For loans above ₹2.5 lakh the lender must assess your repayment capacity (RBI 2026 rule)
Documents required
- Photo ID and address proof (Aadhaar, passport, voter ID, driving licence)
- PAN card (mandatory above ₹5 lakh at most lenders; needed for higher amounts)
- Passport-size photograph
- Proof of income for larger loans or EMI loans
- Land records / crop details for agri gold loans
- Proof of ownership of jewellery if asked (purchase bill, declaration)
How to apply for PNB Gold Loan
- Visit branch or book onlineCarry your jewellery and KYC; many lenders offer doorstep valuation.
- ValuationThe lender tests purity (karatmeter/acid test), weighs net of stones and values it at the RBI-mandated benchmark.
- Choose schemePick loan amount, rate and repayment — EMI, bullet or overdraft. Read the Key Facts Statement for APR.
- Pledge & signGold is sealed in your presence; you get a pledge receipt with item-wise weight and purity.
- DisbursalMoney goes to your bank account (RBI requires disbursal to the borrower’s account).
PNB vs other lenders
| Lender | Rate | Processing fee | Tenure | EMI on ₹2,00,000 |
|---|---|---|---|---|
| Indian Bank Jewel Loan | 8.50% – 9.75% | About 0.25% + GST | Bullet up to 12 months; EMI up to 35 months | ₹17,444 |
| PNB Gold Loan | 8.95% – 9.25% | 0.30% of loan or ₹500, whichever is higher, + GST | Up to 12 months for bullet/OD (renewable); up to 36 months EMI | ₹17,486 |
| Muthoot Finance Gold Loan | 9.00% – 22.00% | Service/processing charges vary by scheme; security charge 0.15% (₹100 – ₹1,000) | Up to 12 months (normal schemes) | ₹17,490 |
| HDFC Bank Gold Loan | 9.10% – 17.86% | Up to 1% of loan + GST; valuation ₹250 – ₹575 | 6 – 42 months (bullet up to 12 months) | ₹17,500 |
| SBI Gold Loan | 9.15% – 10.10% | 0.25% + GST (min ₹250); waived on some bullet variants | 3 – 36 months (bullet up to 12 months) | ₹17,504 |
| IIFL Finance Gold Loan | 9.72% – 27.00% | Up to 2% + GST depending on scheme | Up to 2 years | ₹17,557 |
| Axis Bank Gold Loan | 9.75% – 17.00% | ₹300 up to ₹2 lakh; 0.50% + GST above ₹2 lakh | 6 months – 3 years | ₹17,560 |
| Manappuram Finance Gold Loan | 9.90% – 23.34% | Processing ₹25 + tax; insurance ₹25 | Short-term; scheme-dependent | ₹17,574 |
Frequently asked questions
What is the PNB Gold Loan gold loan interest rate?
PNB gold loan rates start at 8.95% and go up to 9.25% p.a. (as of Feb – Sep 2026). The rate you get depends on your credit score, income and loan details.
What is the EMI for ₹2,00,000 from PNB?
At 8.95% for 1 years the EMI is about ₹17,486, with total interest of ₹9,828.
What is the processing fee?
PNB: 0.30% of loan or ₹500, whichever is higher, + GST. GST at 18% applies on fees.
What is the maximum tenure?
PNB: Up to 12 months for bullet/OD (renewable); up to 36 months EMI.
Can I prepay or foreclose the loan?
PNB: No charge on floating-rate loans to individuals.
Information compiled from the lender’s published rates and reputable aggregators for comparison only. FinancePortal is not affiliated with PNB Gold Loan. Terms change — confirm with the lender.