How to Apply for Central Bank of India Gold Loan 2025
The Central Bank of India Gold Loan provides a quick and affordable solution for individuals seeking funds for personal, agricultural, or business needs by pledging their gold jewellery. With attractive interest rates, minimal paperwork, and flexible repayment options, it’s an excellent financial support system for all types of borrowers.
Central Bank of India Gold Loan Interest Rate 2025
The Central Bank of India offers competitive interest rates ranging from 7.00% to 9.15% per annum, depending on the loan type and amount.
- Retail / MSME Gold Loan: 8.05% – 9.15%
- Agricultural Gold Loan (≤ ₹3 L, subvention): 7.00%
- Agricultural Gold Loan (> ₹3 L, non-subvention): 8.45% – 9.05%
Central Bank Gold Loan Rate per Gram
The gold loan per gram value varies daily depending on gold purity and market rates. The average rate ranges between ₹1,755 and ₹2,145 per gram.
Central Bank Agriculture Gold Loan
Farmers and agriculturists can avail loans at lower interest rates under the Agri Gold Loan Scheme, starting at 7% p.a. for amounts up to ₹3 lakh. This helps meet short-term credit needs for farming, allied activities, and equipment purchases.
Maximum Loan Limit
Borrowers can avail up to ₹40 lakh based on gold purity, loan-to-value ratio, and market rate at the time of appraisal.
Eligibility Criteria
- Applicant must be an Indian citizen
- Minimum age: 18 years
- Proprietorship firms must have KYC-compliant accounts
- The borrower must own the gold being pledged
Documents Required
- Proof of Identity: Aadhaar, PAN, Voter ID, Passport, or Driving License
- Proof of Address: Utility bill, rent agreement, or passport
- Proof of Income (if applicable): Salary slip, ITR, or Form 16
- Two passport-size photos
- Ownership proof of the gold pledged
Processing Fee & Charges
The Central Bank of India charges a processing fee between 0.125% and 0.50% of the loan amount, with a minimum of ₹62.50 and a maximum of ₹5,000 + GST. Processing fees are waived until 30th September 2025 for personal gold loan schemes.
Gold Appraiser Charges
- First-time appraisal: 0.20% of loan amount (min ₹100, max ₹3,000 + GST)
- Renewal appraisal: 0.10% of loan amoununt (min ₹50, max ₹1,500 + GST)
How to Apply for a Central Bank Gold Loan
Step 1: Visit your nearest Central Bank of India branch.
Step 2: Fill out the gold loan application form and attach required documents.
Step 3: Submit your gold ornaments for appraisal and loan valuation.
Step 4: Upon approval, the loan amount will be disbursed to your account quickly.
How to Close Your Central Bank Gold Loan
To close your loan, visit the issuing branch and repay the total outstanding amount, including interest and applicable charges. Once settled, the bank will release your pledged gold ornaments safely.
Customer Care
For any queries, contact Central Bank of India Customer Care at 1800 3030 for assistance related to gold loan applications or repayments.
Disclaimer: Interest rates, processing fees, and terms are subject to change as per bank policies. Please visit the official Central Bank of India website or nearest branch for the latest updates.
