Federal Bank offers multiple gold loan schemes designed to help individuals access quick funds by pledging their gold jewellery. Whether you need money for a wedding, education, business expansion, agriculture, or urgent personal expenses, Federal Bank gold loans provide a fast and convenient financing option. In 2026, borrowers continue to prefer gold loans because of minimal documentation, quick appraisal, and flexible repayment structures compared to unsecured credit products.

• Also Read: Live Gold Price Today

The Federal Bank Gold Loan Interest Rate starts from competitive levels, making it attractive for borrowers who want affordable financing without selling their jewellery. The loan process is simple: you pledge eligible gold ornaments, the bank evaluates purity and weight, and funds are disbursed quickly after approval. Since the loan is secured against gold, interest rates are generally lower compared to unsecured personal loans.

• Also Read: Lowest Gold Loan Interest Rate in India

This detailed guide explains everything about Federal Bank Gold Loan Interest Rate 2026, including highlights, scheme-wise rates, per gram valuation, agriculture loan details, loan types, and maximum limits.

Federal Bank Gold Loan Interest Rate Highlights

• Interest Rate Range: Federal Bank gold loan interest rates generally range between 8.15% and 22.90% per annum depending on loan type and repayment option.
• Loan Tenure: The repayment tenure usually extends up to 12 months, allowing borrowers to choose short-term repayment or bullet settlement options.
• Processing Fee: Processing charges vary from 0.25% to 1% of the loan amount depending on the selected gold loan scheme.
• Loan Amount: Borrowers can avail gold loans up to ₹20 lakh under general categories, while specific schemes allow higher limits.
• Loan-to-Value Ratio: Federal Bank allows up to 75% of gold value as per RBI guidelines, ensuring secure and regulated lending.

These highlights give borrowers a quick understanding before selecting the most suitable scheme.

Federal Bank Gold Loan Interest Rate 2026

The Federal Bank Gold Loan Interest Rate starts from 8.99% per annum, while specialised schemes may offer even lower starting rates. Federal Bank provides both floating and fixed interest options, allowing borrowers to choose repayment structures based on financial convenience.

General Gold Loan Interest Rates

Particulars	Interest Rates (p.a.)
Floating Interest Rate	8.99% onwards
Fixed Interest Rate	9.79% onwards

Fed Smart Saver Gold Loan Interest Rate

Particulars	Interest Rate (p.a.)
Fed Smart Saver Gold Loan	8.15% onwards

• Floating interest rates may change over time: Floating rates can vary depending on internal benchmark movements and bank policies during the loan tenure.
• Fixed rates provide repayment stability: Fixed interest schemes help borrowers plan repayments better without worrying about rate revisions.
• Fed Smart Saver offers lowest starting rate: This scheme provides one of the most affordable Federal Bank Gold Loan Interest Rate options available.
• Interest depends on gold purity and valuation: Higher purity ornaments often receive better valuation and may influence final applicable interest rate.
• Borrowers should confirm exact rate at sanction: Final rate depends on scheme selection, borrower profile, and branch-level approval policies.

Understanding interest structure helps borrowers choose cost-effective repayment options.

Federal Bank Gold Loan Per Gram

Federal Bank calculates loan eligibility based on the market value of pledged gold. The per gram value depends on current gold price, purity, and scheme selected. Instead of offering a fixed per gram amount, the bank provides a percentage of the market value.

• Must Know: Gold Rate Prediction for the Next 5 Years in India

Gold Loan Scheme	Per Gram Rate of Gold
General Gold Loan Scheme	75% of current market value
Agri Gold Loan Scheme	90% of current market value
Non-Agri Gold Loan Scheme	75% of current market value
MSME Gold Loan Scheme	75% of current market value

• Loan value depends on gold market price: Daily changes in gold prices directly influence final valuation and loan eligibility at the time of appraisal.
• Agri scheme allows higher valuation percentage: Farmers benefit from higher loan eligibility under agricultural schemes, reaching up to ninety percent of market value.
• General schemes follow standard valuation ratio: Most standard schemes provide up to seventy-five percent of current gold market value.
• Purity and net weight impact final eligibility: Gold ornaments with stones or impurities receive deductions before valuation calculation.
• Appraisal determines exact sanctioned amount: Final loan amount is confirmed only after branch appraisal and purity testing.

Federal Bank Agriculture Gold Loan Interest Rate

Federal Bank offers specialised agriculture gold loans designed specifically for farmers. This scheme supports short-term agricultural funding needs, including crop production expenses, irrigation requirements, and working capital needs.

The Federal Bank Agri Gold Loan Interest Rate starts from:

• 8.99% per annum

Under this scheme:

• Minimum loan amount starts from ₹1,000.
• Maximum loan limit can go up to ₹150 lakh.
• Designed specifically for farmers’ financial needs: Agricultural borrowers can access quick funds during crop cycles without lengthy credit verification procedures.
• Higher valuation percentage improves eligibility: Farmers may receive up to ninety percent gold valuation, increasing funding availability.
• Flexible repayment supports seasonal income: Repayment structures align with harvest cycles, reducing repayment stress during cultivation periods.
• Competitive rates lower borrowing burden: Agriculture gold loan rates remain affordable compared to informal rural borrowing alternatives.
• Supports working capital and production expenses: Funds can be used for seeds, fertilizers, labour payments, and other farming needs.

Types of Federal Bank Gold Loans

Federal Bank provides different gold loan schemes to suit various borrower needs. Each scheme varies in valuation ratio, interest rate, and repayment flexibility.

General Gold Loan

• Borrowers can avail up to 75% of gold value.
• Interest starts from 8.99% per annum.
• Suitable for personal, education, and general expenses.

Agri Gold Scheme

• Farmers can receive up to 90% of gold value.
• Loan limit can reach ₹150 lakh.
• Designed for agricultural purposes.

DIGI Gold Overdraft

• Borrowers can withdraw funds as needed up to 72% of pledged gold value.
• Gold remains securely stored with the bank during tenure.
• Suitable for recurring liquidity needs.

Fed Smart Saver Gold Loan

• Lowest Federal Bank Gold Loan Interest Rate starting from 8.15%.
• Option for bullet repayment available.
• No monthly interest payments if bullet repayment selected.
• Different schemes meet different borrower needs: Federal Bank designs schemes for personal, agricultural, business, and flexible overdraft borrowing requirements.
• Fed Smart Saver offers cost-efficient borrowing: Lowest rate option appeals to borrowers seeking minimal interest burden and structured repayment.
• DIGI overdraft provides flexible withdrawals: Borrowers access funds whenever needed without applying for fresh loans repeatedly.
• Agri scheme benefits farmers with higher limits: Agriculture borrowers gain higher loan eligibility and favourable repayment support.
• Scheme comparison helps reduce borrowing cost: Choosing the right scheme significantly impacts overall repayment expense and convenience.

Federal Bank Gold Loan Maximum Limit

Federal Bank provides high-value gold loan eligibility for borrowers depending on scheme type and gold valuation.

• Maximum limit can go up to ₹150 lakh under specific schemes like agriculture gold loans.
• Higher limits available for agriculture schemes: Farmers can access larger funding amounts compared to general gold loan categories.
• Loan eligibility depends on appraisal results: Net gold weight and purity directly influence maximum sanctioned amount.
• Loan-to-value norms apply for all schemes: RBI regulations limit how much borrowers can receive against total gold value.
• Higher purity gold improves funding eligibility: Better gold quality increases valuation and sanctioned amount potential.
• Borrowers should verify scheme-specific caps: Different schemes may have varying limits based on purpose and borrower category.

Federal Bank Gold Loan Processing Fee

Processing fees are charged to cover administrative expenses related to gold appraisal, documentation, and loan sanction. The processing fee varies depending on the scheme selected.

Gold Loan Processing Fees

Gold Loan Scheme	Fees
General Gold Loan	₹180 to ₹270
Digi Gold NRI Variant	1% of total loan amount (Minimum ₹500)
GL Graded Interest Rate Scheme	0.35% of loan amount (Minimum ₹350)
Digi Gold Loan	0.25% of loan amount (Minimum ₹500)
ISS KCC Gold	0.80% of loan amount
Kisan Gold Scheme	₹530 to ₹1,700
MSME Gold Loan	₹180 to ₹270
Fed Smart Saver Scheme	0.50% of loan amount (Minimum ₹500)

• Processing charges vary across schemes: Different loan types carry distinct administrative charges depending on complexity and borrower category.
• Minimum fee applies even for small loans: Certain schemes impose minimum processing charges regardless of sanctioned loan amount.
• Percentage-based charges increase with loan size: Larger loans may result in higher processing fees under percentage-based fee structures.
• Borrowers should confirm GST applicability: Taxes may apply on processing charges, increasing total upfront borrowing expenses.
• Clarifying fee structure avoids surprises: Written confirmation of charges helps borrowers compare schemes effectively before finalising.

Security Operation Fee

Security operation charges apply to certain gold loan transactions, particularly in overdraft schemes where multiple withdrawals occur.

Gold Loan Schemes	Charges
OD-Digi-Gold Loan & OD-Digi-Gold-NRI Loan	₹250 + GST from third operation in a month
Other Gold Loan Schemes	₹250 per operation

• Overdraft operations may attract additional charges: Frequent withdrawals in overdraft schemes may result in operation fees after permitted limits.
• Standard schemes charge per transaction: Regular gold loan operations may involve fixed charges per operation.
• GST may apply on operational fees: Borrowers should verify whether taxes are added over stated charges.
• Monitoring transactions reduces extra costs: Limiting unnecessary operations can help avoid repetitive security charges.
• Understanding charges ensures better planning: Borrowers using overdraft facilities should factor operational fees into repayment planning.

Penalty Charges for Delayed Repayment

Late repayment attracts penal interest, increasing the total repayment burden.

Gold Loan Scheme	Charges
Agriculture Gold Loan	14.50% from due date
Non-Agriculture Gold Loan	16.50% from due date

• Penalty interest applies after due date: Overdue amounts attract penal rates starting from the missed payment date.
• Higher penalty for non-agriculture loans: Non-agri schemes typically carry higher penal rates compared to agriculture schemes.
• Timely repayment prevents additional charges: Paying dues before maturity avoids unnecessary penalty expenses.
• Penal rates significantly increase cost: Delayed repayment can substantially raise overall loan cost.
• Borrowers should track maturity dates carefully: Monitoring repayment deadlines prevents accidental defaults and penalties.

Federal Bank Gold Loan Appraiser Charges

Gold appraisal charges depend on the sanctioned loan amount.

Loan Amount	Appraiser Charges
Up to ₹25,000	NIL
₹25,000 – ₹50,000	₹140
₹50,000 – ₹1 lakh	₹200
₹1 lakh – ₹2 lakh	₹220
₹2 lakh – ₹3 lakh	₹300
₹3 lakh – ₹5 lakh	₹430
Above ₹5 lakh	₹140 per lakh

• Small loans may not attract appraisal charges: Loans under ₹25,000 are often exempt from appraisal fees.
• Charges increase with loan size: Higher loan amounts lead to proportionally higher appraiser charges.
• Appraisal ensures purity verification: Charges cover professional evaluation of gold weight and purity.
• Transparent appraisal builds borrower confidence: Professional valuation reduces disputes regarding sanctioned amount.
• Borrowers should confirm final appraisal cost: Always verify appraisal charges before loan disbursal.

Federal Bank Gold Loan Eligibility Criteria

Applicants must meet basic eligibility requirements before applying.

• Minimum age requirement applies: Borrowers must be at least eighteen years old at the time of application.
• Gold purity requirement must be met: Only ornaments with minimum twenty-two carat purity are generally accepted.
• Ownership of gold is mandatory: Applicants must legally own pledged gold ornaments or jewellery.
• Identity and address verification required: KYC documents are necessary for loan processing and sanction.
• Loan approval depends on appraisal results: Final eligibility depends on purity testing and valuation confirmation.

Documents Required for Federal Bank Gold Loan

Documentation requirements vary for existing and new customers.

Existing Customer

• No additional documentation required if KYC details are already available with the bank.

New Customer

• Identity Proof: Aadhaar card, PAN card, passport, or Voter ID.
• Address Proof: Aadhaar card, electricity bill, passport, lease agreement, or ration card.
• Recent passport-size photograph.
• KYC documents ensure compliance: Proper documentation supports identity verification and regulatory compliance.
• Address proof confirms residency details: Valid address proof is mandatory for loan processing.
• Existing customers enjoy faster processing: Pre-verified customers may experience quicker approval timelines.
• Incomplete documents may delay sanction: Missing paperwork can result in repeated branch visits.
• Document verification ensures secure lending: Proper checks protect both borrower and lender interests.

How to Apply for Gold Loan in Federal Bank?

Online Method

• Visit the Federal Bank gold loan application webpage.
• Submit required personal details.
• A representative contacts you.
• Visit branch with gold and documents.
• Loan is disbursed after appraisal and verification.
• Online initiation saves time: Submitting preliminary details online reduces waiting time at branches.
• Branch visit required for gold appraisal: Physical verification of gold is mandatory before sanction.
• Representative guidance simplifies process: Bank officials assist borrowers in completing documentation.
• Accurate information ensures faster approval: Providing correct details prevents processing delays.
• Loan disbursal follows verification completion: Funds are credited once appraisal and approval are complete.

Offline Method

• Visit nearest branch with documents and gold.
• Fill out application form.
• Submit jewellery for appraisal.
• Receive sanction after evaluation.
• Direct branch visits provide immediate assistance: Borrowers can clarify scheme details in person.
• On-the-spot appraisal speeds processing: Gold evaluation is conducted immediately at the branch.
• Application form must be accurately completed: Incorrect details may delay approval.
• Existing customers experience quicker service: Pre-verified profiles reduce processing time.
• Sanction depends on appraisal confirmation: Final approval follows purity and weight verification.

How to Calculate Gold Loan Interest in Federal Bank?

Federal Bank offers an online gold loan interest calculator. Borrowers can enter loan amount, interest rate, and tenure to estimate total interest payable and EMI amount.

• Calculator provides quick repayment estimates: Online tools generate immediate repayment calculations.
• EMI preview assists financial planning: Borrowers can assess affordability before sanction.
• Both fixed and floating rates can be selected: Calculator supports multiple interest rate options.
• Tenure selection impacts interest cost: Longer tenure increases overall interest payable.
• Using calculator prevents manual errors: Automated calculation reduces risk of miscalculation.

How to Close Gold Loan in Federal Bank?

• Visit nearest branch with required documents.
• Submit written closure request.
• Pay outstanding principal and interest.
• Collect No Dues Certificate (NDC).
• Full repayment required before closure: Outstanding dues must be cleared completely.
• Written application ensures proper record: Closure request must be formally submitted.
• Collect NDC for confirmation: Certificate confirms successful loan closure.
• Verify jewellery condition at collection: Borrowers should inspect ornaments before leaving branch.
• Closure formalities complete account settlement: Account officially closes after verification.

How to Pay Gold Loan Interest Online?

• Log into FedMobile app.
• Navigate to Loan Repayment section.
• Enter loan account details.
• Confirm amount and complete payment.
• Mobile app enables convenient repayment: Borrowers can pay interest without visiting branch.
• Instant confirmation reduces confusion: Digital receipts confirm successful transactions.
• Online payments prevent overdue penalties: Timely digital payments avoid late charges.
• Multiple payment options available: Net banking and linked accounts can be used.
• Digital repayment ensures secure transactions: Secure banking systems protect borrower data.

Federal Bank vs Other Banks’ Gold Loan Interest Rates

Comparing lenders helps borrowers understand how the Federal Bank Gold Loan Interest Rate compares with other major banks in India. While interest rate is an important deciding factor, borrowers should also evaluate processing fees, appraisal transparency, repayment flexibility, and customer service quality. Private banks may provide faster disbursal, while public sector banks often offer stable and predictable interest structures suited for conservative borrowers.

Bank Name	Interest Rate (% p.a.)
Federal Bank	8.15% – 22.90%
Central Bank of India	8.80% – 9.80%
ICICI Bank	10.00% – 17.00%
Axis Bank	9.50% – 16.00%
Bank of India	9.25% – 10.50%
Canara Bank	8.75% – 10.25%
SBI	8.75% – 9.50%
Union Bank of India	8.80% – 10.15%
Indian Overseas Bank	9.30% – 10.25%
Punjab National Bank	8.85% – 9.85%
Bank of Baroda	8.75% – 10.60%
HDFC Bank	9.00% – 17.00%

• Federal Bank offers competitive starting rates: Schemes such as Fed Smart Saver provide lower starting rates for borrowers seeking affordable secured loans.
• Private banks may show wider interest ranges: Rates vary significantly based on borrower profile, scheme selection, and repayment structure.
• Public sector banks maintain stable pricing: Government banks usually provide predictable repayment schedules with moderate interest variation.
• Borrowers must consider overall charges: Processing fees and penalty terms influence the final borrowing cost beyond interest rate.
• Comparing banks ensures smarter borrowing decisions: Evaluating multiple lenders helps identify the most suitable loan option.

Federal Bank Gold Loan Customer Care

Borrowers can contact Federal Bank customer support at:

• 1800 425 1199
• 1800 420 1199
• International: 0484 2630994 / 080 61991199

Customer care services are available 24×7 for assistance regarding gold loan schemes, repayment, closure, and account queries.

Final Thoughts

Federal Bank offers flexible and structured gold loan options in 2026 with interest rates starting from 8.15% per annum and going up to 22.90% depending on the selected scheme and borrower profile. With multiple variants such as General Gold Loan and Fed Smart Saver, borrowers can choose repayment structures that suit their financial planning. Understanding the Federal Bank Gold Loan Interest Rate, processing charges, appraisal fees, and repayment conditions ensures borrowers manage their loan efficiently and avoid additional costs.

Sell Your Gold with Attica Gold Company

Get the best value for your gold with Attica Gold Company, India’s most trusted gold buyer. Attica ensures transparent purity testing, real-time market pricing, and instant payments. Their secure and professional process guarantees you maximum value for your jewellery, coins, or unused gold assets. Ready to sell your gold at the best price? Contact Us today and receive immediate payment.

FAQs