In today’s financial landscape, Canara Bank gold loan interest rate remains one of the most searched topics among Indian borrowers. Whether you’re planning for a wedding, medical emergency, or business expansion, Canara Bank’s gold loan offers a swift, secure, and value-packed solution. In 2025, the bank has updated its offerings to ensure even more competitive rates, flexible tenures, and hassle-free disbursement.
Why Choose Canara Bank for a Gold Loan?
- Competitive gold loan interest rates
- Quick loan processing and disbursement
- No hidden charges
- EMI flexibility
- High loan-to-value (LTV) ratio
- Security of your gold assets
Canara Bank Gold Loan Interest Rate in 2025
As of 2025, the Canara Bank gold loan interest rate starts from 7.65% per annum, depending on the loan amount and tenure.
Table: Canara Bank Gold Loan Interest Rate Breakdown
| Loan Amount | Interest Rate (Approx.) | Tenure | Processing Time |
|---|---|---|---|
| ₹50,000 | 7.85% p.a. | Up to 12 months | Within 24 hours |
| ₹1,00,000 | 7.75% p.a. | Up to 24 months | Within 24 hours |
| ₹2,00,000 | 7.65% p.a. | Up to 36 months | Within 24 hours |
| ₹10,00,000 | 8.00% p.a. | Up to 36 months | Within 24 hours |
Note: These are indicative rates. Use the official Canara Bank Gold Loan Interest Rate Calculator for exact details.
Canara Bank Gold Loan Interest Rate for ₹50,000
For ₹50,000, Canara Bank offers an interest rate of approximately 7.85% per annum.
Canara Bank Gold Loan Interest Rate for ₹1 Lakh
For ₹1 lakh, interest rates start at 7.75% p.a., ideal for mid-sized personal expenses.
Canara Bank Gold Loan Interest Rate for ₹2 Lakh
Interest rates start at 7.65% p.a. for ₹2 lakh gold loans.
Canara Bank Gold Loan Interest Rate for ₹10 Lakh
High-value loans like ₹10 lakh are available at approx. 8.00% p.a..
Canara Bank Gold Loan Interest Rate Per Month
For ₹1 lakh at 7.75%, monthly interest is approximately ₹645.83. EMI plans vary based on tenure.
Canara Bank Gold Rate Today Per Gram
Gold rate per gram is approx. ₹5,600. Based on an 80% LTV, loan disbursal per gram is up to ₹4,480.
For real-time prices, visit the India Bullion Association.
Canara Bank Gold Loan Interest Rate Calculator
Use the Canara Bank loan calculator to estimate your EMIs quickly by entering the amount, tenure, and rate.
Additional Charges
- Processing fee: ₹500 – ₹1,000
- Prepayment charges: Usually nil
- Renewal fee: Applicable post-tenure
- Valuation fee: Nominal
Eligibility Criteria
- Age: 18 to 70 years
- Gold purity: 18K to 22K
- Documents: Aadhaar, PAN, proof of address
Documents Required
- Identity proof (Aadhaar, Voter ID)
- Address proof (Utility bill, Passport)
- Recent passport-size photographs
Loan Tenure Options
Loan tenures range from 3 to 36 months.
FAQs
What is the interest rate of Canara Bank gold loan?
It starts from 7.65% p.a. and goes up to 8.50% depending on the loan size and applicant profile.
Which Bank is best for gold loans?
Canara Bank is among the best due to its low interest rates, fast processing, and trusted service. Others like HDFC and SBI also offer strong options.
Does Canara Bank give 7.5% interest?
Yes, under specific schemes and for eligible borrowers, Canara Bank offers gold loan interest as low as 7.5% p.a.
What is the interest of ₹3 lakh in Canara Bank?
Interest for ₹3 lakh typically ranges from 7.65% to 8.00% p.a., depending on your loan tenure and gold value.
How much interest for ₹1 lakh in Canara Bank?
At 7.75% per annum, yearly interest on ₹1 lakh would be ₹7,750, or roughly ₹645.83 per month.
Conclusion
If you’re seeking a reliable, secure, and affordable financing option, the Canara Bank gold loan interest rate in 2025 provides one of the best deals in the market. With flexible repayment, low rates, and minimal documentation, it’s ideal for a wide range of borrowers.
Visit the official Canara Bank website or head to your nearest branch to apply.