Canara Bank gold loan per gram rates in 2025 and secure instant funds by pledging your gold. Learn about gold loan interest rates, eligibility criteria, LTV ratio, and repayment options. Canara Bank offers fast disbursal, minimal documentation, and competitive rates on 18K to 24K gold. Ideal for personal or agricultural needs. Apply online For Canara Bank Gold Loan Per Gram Rate in 2025
Table of Contents
Introduction Of Canara Bank Gold Loan Per Gram Rate in 2025
Gold loans continue to be one of the most accessible forms of credit in India, offering quick disbursal and minimal documentation. Among the top players in this space is Canara Bank, a public sector bank that has earned the trust of millions. In 2025, Canara Bank continues to provide competitive gold loan rates per gram, making it a go-to option for those seeking instant funds by pledging their gold ornaments. This blog will walk you through the Canara Bank gold loan per gram rate in 2025, along with important details about eligibility, features, and benefits.
Canara Bank Gold Loan Rate Per Gram in 2025
As of February 2025, Canara Bank offers the following approximate rates per gram based on the purity of the gold pledged:
- 24 Carat Gold – ₹4,621 per gram
- 22 Carat Gold – ₹4,290 per gram
- 20 Carat Gold – ₹3,900 per gram
- 18 Carat Gold – ₹3,510 per gram
These rates are subject to change depending on fluctuations in the market price of gold and internal policies of the bank. The final value offered per gram is also influenced by the loan scheme you choose and the quality of gold.
Key Features of Canara Bank Gold Loan Per Gram Rate in 2025
Canara Bank offers gold loans under multiple schemes, including general purpose loans and specialized options like Agriculture Gold Loans. Here are some of the key features:
- Loan Amount: You can avail loans up to ₹35 lakh depending on the weight and purity of the gold.
- Loan-to-Value (LTV) Ratio: Generally up to 70% of the gold’s market value.
- Tenure: Flexible repayment periods, usually up to 2 years.
- Interest Rates: Competitive rates, starting from around 8.50% per annum (may vary based on the loan type and customer profile).
- Quick Disbursal: Loan amount is usually credited the same day after successful verification.
- No Prepayment Charges: Most Canara Bank gold loans come with zero prepayment penalties.
Eligibility and Documents Required
To apply for a gold loan at Canara Bank, you must be an Indian resident above 18 years of age and possess gold ornaments or coins that meet the purity standards. The documentation process is simple, typically requiring:
- Identity Proof: Aadhaar Card, PAN Card, or Voter ID
- Address Proof: Utility bill, Aadhaar, or Passport
- Photographs: Passport-sized photos
No income proof is required, which makes gold loans accessible even to farmers, homemakers, and individuals without formal income.
How to Apply for a Gold Loan
You can apply for a Canara Bank gold loan both online and offline:
- Offline: Visit the nearest Canara Bank branch with your gold and required documents.
- Online: Visit the Canara Bank website and navigate to the gold loan section to apply digitally.
After evaluation of your gold, the bank will inform you of the eligible loan amount and disburse it promptly upon acceptance.
Need Help? To know About the Canara Bank Gold Loan Per Gram Rate in 2025
For the most accurate and updated information regarding gold loan per gram rates, interest rates, or eligibility criteria, it’s best to contact Canara Bank directly. You can visit the official website or call their customer care number.
Conclusion Of Canara Bank Gold Loan Per Gram Rate in 2025
In 2025, Canara Bank continues to offer some of the most reliable and competitive gold loan options in the market. With attractive per-gram rates, flexible repayment terms, and hassle-free processing, it remains a top choice for individuals seeking instant liquidity without selling their precious gold assets. Whether you need funds for education, medical emergencies, agriculture, or business, Canara Bank’s gold loan can be your financial cushion in times of need.
How to Apply for a Bank of Baroda Personal Loan Online
FAQs About Canara Bank Gold Loan Per Gram Rate in 2025
What is the gold loan per gram rate at Canara Bank in 2025?
As of 2025, Canara Bank offers gold loans at approximately ₹4,621 per gram for 24K gold. Rates vary based on the gold’s purity and market prices.
Does the gold loan rate change daily at Canara Bank?
Yes, gold loan rates per gram can fluctuate daily depending on market conditions and RBI guidelines.
What is the maximum loan amount I can get from Canara Bank against gold?
You can avail up to ₹35 lakh based on the value and weight of the gold pledged.
What is the Loan-to-Value (LTV) ratio for Canara Bank gold loans?
The LTV ratio is typically up to 70% of the gold’s current market value.
What types of gold are accepted for loans?
Canara Bank accepts gold ornaments and coins (up to a certain weight limit) between 18K and 24K purity.
Who is eligible to apply for a gold loan from Canara Bank?
Any Indian resident above 18 years of age with valid ID proof and gold can apply.
How is the gold value determined?
Valuation is based on purity and the current market price, excluding the value of stones or other add-ons.
Can I get my gold back after repayment?
Yes, once the loan and interest are fully paid, the pledged gold is returned.
What happens if I default on my gold loan?
If repayment isn’t made, the bank can auction your pledged gold to recover the dues.
Are there safe-keeping charges for gold?
Yes, if repayment is delayed beyond 30 days post-loan expiry:
Up to ₹5 lakh: ₹200/month
Above ₹5 lakh: ₹200/month
Is nomination available for gold loans?
Yes, Canara Bank offers a nomination facility for all gold loan accounts.
Can NRIs avail Canara Bank gold loans?
Yes, NRIs are eligible to apply under certain terms and conditions.
How do I apply for a Canara Bank gold loan?
You can apply online via the bank’s official website or by visiting a nearby branch.
What types of gold are accepted as collateral?
What is the tenure for repayment?
The repayment tenure varies by scheme:
Swarna Loan: Up to 1 year
Swarna Express: Up to 6 months
Swarna Overdraft & Swarna Monthly Interest: Up to 3 years