Gold Loan Rate of Interest (September 2025)

Need quick access to funds? Choose Manappuram Gold Loan, a trusted solution for hassle-free financial support. Benefit from our competitive gold loan rates and flexible repayment options for a seamless borrowing experience. Moreover, use our intuitive and customer-friendly online tool, the gold loan calculator, and choose a plan that suits your financial needs. Our gold loan interest rates for September 2025 (base rate) start from 21.67%, making our offerings affordable and more manageable.

Lowest Gold Loan Interest Rates

Manappuram Gold Loan offers one of the lowest gold loan rates in the market without unnecessary financial burden. With perks like greater disbursal amounts of up to ₹1.5 crores or even higher in some cases, a higher Loan-to-Value (LTV) ratio of up to 75%, and flexible repayment options, we offer greater convenience and flexibility.

Interest Rates for Gold Loan

Scheme Name	LTV	Loan Limit	Monthly Prompt	Bimonthly Prompt	Quarterly Prompt	Base Interest Rate	Annualised Rate of Interest
MT + 5	75%	Min ₹5 Lakhs	9.90%	21.67%	21.67%	21.67%	23.96%
SA + 1	60%	Min ₹1.95 Lakhs	11.50%	21.67%	21.67%	21.67%	23.96%
DS	50%	Max ₹75,000	12.00%	20.00%	21.67%	21.67%	23.96%

Note: Learn more about the interest rates of our gold loan schemes to make an informed decision.

Calculate Gold Loan Interest Rate

Gold loan interest rate calculation is influenced by several factors. These include:

Current gold rate: A high gold rate can increase your collateral value, leading to a lower gold loan rate.
Gold purity and weight: Higher purity and weight increase the loan amount, resulting in lower interest rates.
LTV: A higher LTV ratio allows borrowing more against gold’s value but may increase the interest rate.

Mode of Calculation

Gold loan interest rate is quoted as a yearly/annual rate.
Interest is calculated daily on your outstanding loan balance based on your applicable interest rate.
Interest will be calculated on the basis of 365 days a year.
The interest rate stays fixed until you close your loan account.

Types of Gold Loan Interest Rates

Fixed Interest Rate: Stays the same throughout the loan tenure for predictable repayment planning.
Floating or Variable Interest Rate: Fluctuates with market changes. Choose based on your financial situation and risk tolerance.

Additional Charges

Processing Charge: ₹25 plus tax
Insurance Charges: ₹25 (including tax)
Printing & Stationery Charges: ₹6
Postage Charges: ₹30 per instance

Note: Learn more about additional gold loan fees.

Documentation Required to Apply for a Gold Loan

Identity proof: Aadhaar, driving licence, PAN card, voter ID, passport, etc.
Residential proof
Bank passbook: Required for gold loans above a certain limit.

Risk-Related Rate of Interest

Interest rates are influenced by gold loan risk factors like market fluctuations and the borrower’s credit history.

For example, if you are a low-risk borrower with a good credit score, you will likely get a better interest rate, and vice versa.

Penal Charges

When the borrower fails to repay the loan, a penal charge of 2% p.a. is applied to the amount due.

The penal charges on gold loans will be payable till the loan account is regularised/closed.

Why Choose a Gold Loan from Manappuram?

Generous Loan Amount: Get loans of up to or even above ₹1.5 cr, depending on your requirements.
Competitive Interest Rate: Enjoy interest rates as low as 9.90% per annum*.
Flexible Repayment: Flexible bullet payments as per customer convenience.
Transparency: Our website clearly outlines all charges so you know what to expect.
Dedicated Support: Our team is always here to guide you through every step.
Safety: The collateral is stored securely in a safe, with insurance coverage and electronic surveillance for added protection.

Factors Affecting Gold Loan Interest Rate

Disbursal Amount: Larger loans may offer lower interest rates.
LTV Ratio: Higher LTV may lead to higher rates.
Gold Purity: 22K gold may fetch better interest rates.
Loan Tenure: Longer tenure may result in higher interest rates.

Apply for a Gold Loan Now at the Best Gold Loan Interest Rates

FAQs of Gold Loan Interest Rates

How are gold loan interest rates determined?

Based on the loan amount, tenure, LTV ratio, scheme type, gold purity, and market conditions.

What is the maximum limit on the Gold Loan that can be availed?

Up to ₹5 crores, with loans above ₹1.5 crores subject to special management approval.

Are there any additional charges associated with gold loan interest rates?

Yes, including printing, stationery, advertising, insurance, postage, and processing fees.