RBL Bank, established in 1943 and headquartered in Mumbai, offers a gold loan with interest rates ranging from 10.65% to 15.5%. The processing fee ranges from ₹300 to ₹600. Loan amounts range from ₹25,001 to ₹1 crore, with tenure ranging from 3 to 12 months. Gold is assessed and valued on the spot, with pledged jewellery stored in a vault; loan-to-value goes up to 75% of the assessed gold value, in line with RBI norms.
Minimum accepted gold purity is 18 karat, and stone weight must not exceed 40% of the gross jewellery weight. The applicable gold rate is the lower of the previous day's closing rate or the 30-day average IBJA rate for 22-carat gold.
Repayment is structured as monthly interest servicing with the principal repaid at the end of the tenure, and separate valuation charges apply. The facility is available only at select RBL branches. Documentation required includes PAN, identity proof, address proof, age proof, signature proof, and passport-size photographs. Rate type, prepayment penalty, minimum CIBIL score, age limits, minimum salary, and employment type are not published for this product.
As published by RBL Bank. Your branch may ask for more.
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.