Federal Bank Gold Loan Interest Rate Today, 10 October 2026: Slabs, Per-Gram Cost & Schemes

Federal Bank gold loan interest rate 8.99% – 13% p.a. Indicative band · scheme and LTV decide your slab · reviewed September 2026
Monthly interest per ₹1 lakh ₹749 – ₹1,083 At the floor and ceiling of the band
Cost to pledge 10g of 22K today ₹769 – ₹1,112 On ₹1,02,660 advance · gold price updated 2026-10-09

Figures on this page are indicative and for comparison only — BankCreds is not a lender; confirm current rates, charges and eligibility with the bank or NBFC before applying.

How much will an Federal Bank gold loan cost?

Two inputs decide what a Federal Bank pledge costs you: the slab you land in (8.99%–13%) and how you repay. Federal Bank offers 3 repayment shapes over 6–12 months standard (renewable), and switching between them below changes the total more than a point of interest does.

A Thrissur household’s school-June ritual: ₹1.2 lakh against bangles for fees and books, cleared by Onam from Gulf remittances — third generation, same branch, twenty minutes.

Federal Bank gold loan EMI calculator

Repayment structure
Monthly EMI
₹17,676
Total interest
₹12,116
Total repayment
₹2,12,116

Indicative simple-interest arithmetic on the figures you set. Your sanctioned rate depends on scheme, LTV band and tenure, and the Key Fact Statement issued before you accept is the binding version.

Worked examples at Federal Bank's mid-board 11%

Loan amount 12 months 24 months 36 months
₹50,000 ₹4,419/mo₹2,330/mo₹1,637/mo
₹1,00,000 ₹8,838/mo₹4,661/mo₹3,274/mo
₹2,00,000 ₹17,676/mo₹9,322/mo₹6,548/mo
₹5,00,000 ₹44,191/mo₹23,304/mo₹16,369/mo

Computed at 11%, the middle of Federal Bank's 8.99%–13% range. A bullet loan on ₹1,00,000 instead meters at ₹917 monthly, with the whole principal falling due at the end.

Read the columns across rather than down. Stretching ₹2,00,000 from 12 to 36 months cuts the monthly outgo from ₹17,676 to ₹6,548, but you carry the pledge three times as long and pay roughly ₹23,616 more in total interest. Federal Bank caps gold tenures at 6–12 months standard (renewable), and borrowers who plan to the cap usually end up rolling over. Work backwards from when you can repay in full instead — the shorter window is almost always the cheaper one.

How much gold loan can I get from Federal Bank?

Run the weight first. The advance below is what Federal Bank could lend against that pledge; whether it is enough usually decides whether a gold loan is the right instrument at all. The result applies RBI's tiered loan-to-value ceiling, so the percentage you are advanced changes with the size of the loan itself — not with which lender you choose.

Federal Bank gold loan amount calculator

Appraised value
₹2,73,756
LTV tier applied
85%
Eligible loan (max)
₹2,32,692

Indicative, on the 2026-10-09 reference of ₹14,943/g (24k). RBI LTV tiers: 85% ≤₹2.5L, 80% ≤₹5L, 75% above. Lender schemes may advance less; stones/wastage count zero.

Two Federal Bank-specific limits sit around that figure: it lends from ₹5,000 to ₹1.5 crore, so a pledge below the floor is declined as uneconomic to process and one above the ceiling has to be split or taken elsewhere.

The gap between a calculator and a Federal Bank sanction letter is almost always weight, not price. Bring plain ornaments if you want the two numbers close.

Where Federal Bank helps: ₹5,000 minimum to ₹1.5 crore ceiling — the widest genuine range in banking. Where it does not: 12-month cycles mean renewals like PSU peers.

Compare it against what Federal Bank actually quotes. A gap of a few percent is normal appraisal caution; a large gap usually means stones or a purity call worth questioning.

See Federal Bank gold loan per gram →
Today's gold rate, city-wise →

Federal Bank gold loan schemes

The 8.99%–13% band is not one product priced loosely. It is 2 distinct schemes, and which one you are sold decides both your rate and your repayment obligation. Asking for the right scheme by name is the single most effective thing a borrower can do at a Federal Bank counter.

Federal Gold Loan

Kerala-honed pledge lending: tiny minimums, big ceilings, practiced counters — the closest a bank gets to NBFC gold fluency at bank pricing.

Digital gold loan servicing

Interest payment and renewal rails online for repeat borrowers.

Repayment structures offered

  • •Bullet
  • •Interest-serviced
  • •EMI variants

Charges beyond interest

  • •Appraiser fee (modest)
  • •Processing per scheme (often nil in drives)
  • •Renewal
  • •Stamp duty

Processing: nil–0.5% by scheme.

Where Federal Bank is genuinely strong rather than merely available: best-of-both positioning: near-PSU floor rates with NBFC-like counter fluency. That is the reason to choose this counter over a cheaper one — and if it does not describe your situation, the NBFC tables on our hub will serve you better.

Is an Federal Bank gold loan cheaper than a personal loan?

On rate, almost always — and by a wider margin than most borrowers expect. On risk, never. Both halves decide it.

Where Federal’s branches are, it is arguably India’s best all-round gold-loan counter: PSU-adjacent pricing, tiny-to-huge tickets, and staff who pledge gold all day without ceremony. The audience question is geographic — inside its belt, start here and make others beat it; outside, the argument travels poorly and the locals above serve you better.

On ₹3 lakh, 24 months Federal Bank gold loan Unsecured personal loan
Indicative rate 8.99%–13% 10.5%–24%
EMI at the typical rate ₹13,982 ₹14,689
Credit score needed None — the pledge is the underwriting Typically 700+ for a bank
Income proof Not required Salary slips, bank statements, ITR
Disbursal Same day, after branch valuation 1–7 days
What you risk Your jewellery, at auction after notice Your credit file and legal recovery
Tenure 6–12 months standard (renewable) Up to 5–6 years

On price the pledge wins easily here. On flexibility it does not: Federal Bank caps gold tenures at 6–12 months standard (renewable), while its personal loan runs for years.

On the numbers above, the gold route costs roughly ₹707 a month less on ₹3 lakh over two years — about ₹16,968 in total.

The pledge loses on two counts: duration and consequence. 6–12 months standard (renewable) is a short window for a large borrowing, and the security is an asset with a value to your family well beyond its weight in grams.

Run both sides before deciding: personal loan guides and the personal loan EMI calculator give you the other half, and the gold loan hub compares Federal Bank against every other counter on one table.

Slab pricing at Federal Bank, decoded

Think of Federal Bank's 8.99%–13% spread as an LTV dial rather than a negotiation range: turn your drawdown lower and the rate follows, mechanically.

You draw (of value)Indicative rate*Monthly / ₹1 lakh
Up to ~55–60%8.99%₹749
~60–70%11%₹917
Max (75% cap)13%₹1,083

*Indicative framing of Federal Bank's 8.99%–13% band; actual scheme boundaries vary. Verify at branch — the KFS binds.

Translate before you sign: at Federal Bank's floor, every ₹1 lakh costs ₹749 a month; at its ceiling, ₹1,083. Across a ₹5 lakh pledge that's ₹1,670 of monthly difference for the same bangles.

Drawn@8.99%/mo@11%/mo@13%/mo
₹2 lakh ₹1,498 ₹1,834 ₹2,166
₹5 lakh ₹3,745 ₹4,585 ₹5,415
₹10 lakh ₹7,490 ₹9,170 ₹10,830

The ladder against neighbours

LenderFloorCeilingMonthly/₹1L at floor
Federal Bank8.99%13%₹749
Bank of Baroda 9% 9.4% ₹750
Canara Bank 9% 9.25% ₹750
Kotak Mahindra Bank 9% 24% ₹750

The table's honest lesson: gold-loan pricing is a menu, not a market rate. Interrogate Federal Bank's scheme board with your LTV appetite stated, then compare like-for-like slabs.

Federal Bank full guide· Federal Bank per-gram· Rate today· All lenders

Federal Bank गोल्ड लोन — हिंदी में जानकारी

Federal Bank सोने पर कर्ज लगभग 8.99% से 13% सालाना की दर पर देता है, और अवधि 6–12 months standard (renewable) तक रहती है। ब्याज दर आपकी आय या सिबिल स्कोर से नहीं, बल्कि इस बात से तय होती है कि आप गहनों की कीमत का कितना हिस्सा उठा रहे हैं। नीचे वही सवाल हैं जो शाखा पहुँचने से पहले साफ होने चाहिए।

Federal Bank गोल्ड लोन — अक्सर पूछे जाने वाले सवाल

Federal Bank गोल्ड लोन की ब्याज दर कितनी है?
दर एक नहीं, एक सीढ़ी है: Federal Bank की 8.99%–13% रेंज में आप कहाँ बैठेंगे, यह योजना और drawdown तय करते हैं। ₹1 लाख पर यह हर महीने ₹749 और ₹1,083 के बीच का फर्क है — यानी सालभर में ₹4,008 तक। शाखा में सीधे पूछें कि आपका आवेदन किस स्लैब में जा रहा है।
Federal Bank से एक ग्राम सोने पर कितना लोन मिलता है?
संक्षेप में: 22 कैरेट की आज की कीमत लगभग ₹13,688 प्रति ग्राम, और उस पर कर्ज 85%, 80% या 75% — यह इस पर निर्भर करता है कि कुल लोन ₹2.5 लाख, ₹5 लाख से कम है या उससे ऊपर। बिना हॉलमार्क वाला पुराना गहना अक्सर एक कैरेट नीचे आँका जाता है, इसलिए शाखा का आँकड़ा थोड़ा कम रहेगा।
Federal Bank गोल्ड लोन में EMI और बुलेट में क्या फर्क है?
फर्क सिर्फ सुविधा का नहीं, कुल लागत का है। EMI पहले महीने से मूलधन घटाती है, इसलिए ब्याज भी घटता जाता है। बुलेट में पूरी रकम आखिर तक चलती रहती है, इसलिए उसी दर पर कुल ब्याज ज्यादा बनता है। जिस दिन आप गिरवी रखें, उसी दिन तय कर लें कि मूलधन कहाँ से आएगा।
Federal Bank से गोल्ड लोन कितनी जल्दी मिल जाता है?
Federal Bank में गिरवी रखने से लेकर पैसा मिलने तक का काम आमतौर पर उसी दिन पूरा हो जाता है, बशर्ते शाखा में मूल्यांकन करने वाला मौजूद हो और आपके KYC दस्तावेज पूरे हों। निजी बैंकों में यह प्रक्रिया आमतौर पर तेज रहती है, पर मूल्यांकन उतना ही सख्त होता है। जाने से पहले फोन करके पूछ लें कि उस दिन मूल्यांकन की सुविधा है या नहीं।
अगर मैं Federal Bank का गोल्ड लोन नहीं चुका पाया तो गहनों का क्या होगा?
भाव गिरने पर भी जोखिम आता है: ऐसे में Federal Bank अतिरिक्त सोना या कुछ भुगतान माँग सकता है, भले आपने कोई किस्त न चूकी हो। इसीलिए अधिकतम सीमा तक कर्ज लेना समझदारी नहीं। नीलामी की नौबत आने पर भी नोटिस, समय और न्यूनतम कीमत की सुरक्षा आपके पास रहती है।

Federal Bank gold loan — FAQs

Why does Federal Bank charge different gold-loan rates on different schemes?
Because LTV is priced: schemes advancing less against your gold (55–65% of value) carry more cushion for the lender, and that safety returns to you as a lower rate — while max-advance schemes (75%) price the thinner margin. At Federal Bank the indicative spread runs 8.99% to 13%; picking the slab is picking your trade.
What does a Federal Bank gold loan cost per month per ₹1 lakh?
Simple-interest arithmetic: at 8.99% that's ₹749/month per ₹1 lakh drawn; at 11%, ₹917; at 13%, ₹1,083. Multiply by your lakhs and the monthly carrying cost stops being abstract.
Are Federal Bank's advertised gold-loan rates guaranteed?
Treat 8.99%–13% as the honest map, not the contract: scheme, ticket size, tenure and payment-discipline conditions position you inside it. The binding number arrives on your Key Fact Statement before acceptance — read it against whatever the counter said aloud.
Can I move my gold loan from Federal Bank to a cheaper lender later?
It's a normal move: settle Federal Bank's outstanding, verify and collect your sealed packet, walk it to the cheaper counter. Plan the day so the gold is never uninsured in a drawer overnight, and let a multi-point rate gap — not a fraction — justify the fresh pledge costs.
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