In case of any sort of financial need, you can fall back on Saraswat Bank’s Gold Loan to get hassle-free loan upto Rs. 50 Lakh.


  1. Any individual who is the true owner of the ornaments (preferably hallmark)
  2. Advance can be given to males solely against men ornaments without female applicant.
  3. Advance is given to male applicant against women ornaments,  basis female consent (mandatory).

Loan Amount:

  1. Maximum loan/OD up to Rs. 50.00 lakh*
  2. For the purpose of house repairs/renovation 
      Metro & Urban– Rs. 10.00 lakh
      Semi Urban & Rural - Rs. 6.00 Lakh
  1. For Bullet repayment – Rs. 2 lakh
  2. Overdraft without monthly reduction: Rs. 2.00 lakh

Basis of Advance:

  1. 65% of the valuation of gold ornaments


  1. Pledge of Gold Ornaments

Repayment Period:

  1. 12 months

Rate of Interest (Floating)

  1. (PLR – 6.25) = 9.00 %
  2. Present PLR: 15.25% p.a. (w.e.f 15.12.2022)

Processing Fees:

  1. NIL

Valuation Charges:

  1. 0.25% of loan amount, subject to
    Min Rs.500+GST
    Max Rs.1500+GST

Custody Charges:

  1. Custody charges of Rs. 300/- per quarter in case the delivery of ornaments is not taken within one month from the closure of loan account.


  1. As per extant shareholding norms


  1. Duly filled prescribed application form.
  2. KYC documents of applicant i.e. latest photograph, Identity proof, residence proof.
  3. Declaration from borrower that he/she is the true owner of the ornaments.

Conditions Apply*