Axis Bank Gold Loan
A gold loan is a secured borrowing arrangement in which a borrower pledges gold jewellery or bank-issued gold coins as collateral in exchange for funds. Borrowers commonly use this type of loan to meet short-term needs such as medical expenses, education costs, business working capital or other personal requirements without selling the gold they own.
Axis Bank, a private-sector bank founded in 1993 and headquartered in Mumbai, offers a gold loan under which the pledged ornaments or coins are assessed and then held by the bank for the duration of the facility. The bank positions the product around the idea that idle gold kept at home can be used to raise funds while ownership of the gold is retained by the borrower. Axis Bank states that the pledged gold is locked and stored securely in its vaults, and that borrowers receive a valuation record and post-disbursement documents covering the arrangement.
Because a gold loan is secured against the value and purity of the pledged items, the sanction and the amount depend on assessment of the gold and on the borrower meeting the bank's eligibility and documentation requirements. Approval is not guaranteed and rests on the bank's evaluation. Repayment structures may vary, and borrowers should review the applicable terms before pledging.
At 9%, Axis Bank has one of the lowest starting rates of the 16 lenders we track for gold loans.
Documents required
- Signed application form capturing basic borrower information and the loan request
- KYC documents establishing identity and address, such as PAN card, Aadhaar card, passport, driving licence or voter ID
- Recent photographs
As published by Axis Bank. Your branch may ask for more.
Eligibility
Loan terms
- Funds are advanced against pledged gold jewellery or bank-issued gold coins provided by the borrower
- Pledged gold is locked and stored securely in Axis Bank vaults for the duration of the loan
- The bank provides tamper-proof packing and a valuation record for the pledged items
- Ownership of the gold is retained by the borrower, who reclaims the items on repayment
Fees & charges
FAQ
Up to 75% of the assessed gold value — the RBI loan-to-value cap. The rate depends on the lender and scheme, not your credit score.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.
More from Axis Bank
- Home LoanRate8.35 – 9.1%Feeup to 1%Max tenure30 yr
- New Car LoanRate9.3 – 12.5%Fee₹4K – ₹12KMax tenure7 yr
- Personal LoanRate9.99 – 22%Feeup to 3%Max tenure7 yr