Corporation Bank Gold Loan

Gold Loan at 7.15% p.a

Apply & Get Instant Money

Corporation Bank Gold Loan Key Features

Corporation Bank Gold Loan Interest Rate 7.15% per annum
Corporation Bank Gold Loan Per Gram Rate Per Gram Today is ₹ 5,293
Corporation Bank Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Corporation Bank Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Corporation Bank Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Corporation Bank Gold Loan Repayment Tenure 3 Months to 24 Months
Corporation Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of Corporation Bank Gold Loan:

  • Active Mechanism: Corporation Bank disburse the loan readily and hurriedly. The credit is received in an hour.
  • Lesser Documents: The bank takes the necessary documents to uncomplicate the process.
  • Vitreous Structure: The Corporation Bank does not take any covered charges. The bank offers a clear and direct service.
  • Amount of Loan: The loan amount changes for the people belonging to rural and urban areas from 15000 to 10000, respectively.
  • Safety of Jewellery: Well-baing of the decorations is mandatory and the authority of the bank.
  • Loan Tenure: The term in which loans are given to the clients of Corporation Bank is from 3 months to 2 years. It is on the applicants when they require the loan.
  • Benefits for Farmers: Corporation Bank advance many exclusive benefits to the farmers, along with the sanctioning of a loan at a slight rate of interest.
  • No Debt Burden: Chances are there when the candidates are not sufficient enough to repay the amount but taking the stress of being under debts sounds terrible, and thus, the bank will keep the ornaments of gold with them till the time they return the amount.
  • No Income Bonds: Corporation Bank does not disappoint its customers by not providing them with loans because of less salary. Anybody can apply for a gold loan in the respective bank.

How Much Gold Loan can I Get through Corporation Bank Gold Loan:

Corporation Bank Gold Loan Per Gram – Updated September 2020

Updated - Gold Loan Per Gram Rate

Gold Weight

Gold Purity

Gold Purity

Gold Purity

Gold Purity

24 Carat

22 Carat

20 Carat

18 Carat

1 gram

4680 4290 3900 3510

10 gram

46800 42900 39000 35100

20 gram

93600 85800 78000 70200

30 gram

140400 128700 117000 105300

40 gram

187200 171600 156000 140400

50 gram

234000 214500 195000 175500

100 gram

468000 429000 390000 351000

200 gram

936000 858000 780000 702000

300 gram

1404000 1287000 1170000 1053000

400 gram

1872000 1716000 1560000 1404000

500 gram

2340000 2145000 1950000 1755000


Corporation Bank Gold Loan Eligibility:


18-70 years of age



Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats


Corporation Bank Gold Loan Documents Required:


2 Passport Size

Identity Proof

Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)

Residence Proof

Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)


Corporation Bank Gold Loan Interest Rate, Fees, and Charges:

HDFC Gold Loan Interest Rate

7.00% per annum

Processing Fee

1.50% of the Principal Loan Amount

Prepayment/Foreclosure Charges

2%+GST (Within 3 Months), 0 (After 3 months)

Valuation Fee

Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs

Late Repayment Charges

2% p.a. + Applicable rate of interest.

Renewal Processing Fees

Rs 350 + GST


About Corporation Bank Gold Loan:

Financial hurdles are on every human’s way, and we can not get rid of it quickly. But the problem comes with the solution; Corporation Bank was a public sector funding organization, headquartered in Mangalore, India provides various schemes for the salaried and non-salaried individuals benefits. The bank, as a renowned banking institute delivers the best customer service across the nation.

  • Corporation Bank  Gold Loan Interest Rate is7.15% per annum
  • Corporation Bank Gold Loan Per Gram is ₹5,293
  • Corporation Bank Gold Loan Tenure: Up to 24 months
  • Corporation Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST.

Types of Corporation Bank Gold Loan:

  • Loan Against Gold – Corporation Gold Loan sanctions loan for personal and professional needs. Gold Loan is a guaranteed loan that is given to the applicants at a slight banking rate as compared to other loans; therefore, the bank shows no concern in giving the handsome amount to the clients.
  • Loan Against Gold for Agriculture – Corporation Bank provides Gold Loans to the farmers at a low-interest rate in addition to some special privileges, unlike other kinds of loans used for different purposes. The bank asks for land proofs to provide a vast amount.

Corporation Bank Gold Loan EMI Calculator:

Rate of Interest
6 months
1 Yr
2 Yrs
3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466


How to Pay Your Corporation Bank Gold Loan EMI?

  • Standing Instruction (SI): If you are a present account holder with Corporation Bank, Standing Instruction is the ideal method of compensation. Monthly, your EMI amount will be credited automatically to the Corporation Bank account you show.
  • Electronic Clearing Service (ECS): This process can be applied if you have a non-Corporation Bank record and might need your EMIs to be charged monthly from this account.
  • Post-Dated Checks (PDC): You can show post-dated EMI analyzes from a non-Corporation Bank statement at your closest Corporation Bank Loan Center. A new version of PDCs should be presented immediately.

Corporation Bank Gold Loan Contact Number

Call 9878981144 and get an instant aid concerning Corporation Bank Gold Loan and the offers proposed by it.

Gold Ornaments Accepted by Corporation Bank:

  • Gold Jewellery:  Like, Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of these are accepted by Corporation Bank for availing a Gold Loan.
  • Quality: The quality of pure gold should be between 18 Carat to 22 Carat. Any gold ornament, which is 24 Carat, is not allowed for availing a gold loan.

Use of Corporation Bank Gold Loan:

The funds gained by availing the Corporation Gold Loan service can be taken in usage for various activities-

  • For example, experiencing individual desires of climbing, travelling, etc.; or for spending the amount for funding education, medical fees.
  • The available amount can do marketing or any related activities.
  • Farmers can make the proper use of the fund obtained from the Corporation Bank.

Gold Loan Interest Rate of Major Banks


 Interest Rates

HDFC Bank Gold Loan

7.15% – 14.50%

ICICI Gold Loan

7.15% – 16.10%
Muthoot Finance Gold Loan

7.15% – 24.00%

Axis Bank Gold Loan

7.15% – 17.00%
Manappuram Gold Loan

7.15% – 26.00%

Yes Bank Gold Loan

7.15% – 15.99%
Bank of India Gold Loan

7.15% – 26.00%

Federal Bank Gold Loan 

7.15% – 13.50%
IIFL Gold Loan

7.15% – 12.00%

Central Bank of India Gold Loan

7.15% – 14.65%

Canara Bank Gold Loan

7.15% – 12.65%

Allahabad Bank Gold Loan

7.15% – 10.45%

Induslnd Bank Gold Loan

7.15% – 15.75%
PNB Gold Loan

7.15% – 11.75%

Bajaj Finance Gold Loan

7.15% – 26%
SBI Gold Loan

7.15% – 15.99%

Indian Bank Gold Loan

7.15% – 15.99%
UCO Bank Gold Loan

7.15% – 26.00%

Kotak Mahindra Bank Gold Loan

7.15% – 13.50%
Syndicate Bank Gold Loan

7.15% – 12.00%


FAQs About Corporation Bank Gold Loan

  • What is the Corporation Bank Gold Loan?

The Corporation Bank is a banking institution that provides a gold loan to its customers at a reasonable interest rate, in exchange for gold. It offers an attractive rate of interest with simple documentation.

  • How can I get the Gold Loan from the Corporation Bank?

Get the gold loan from the Corporation Bank by visiting the nearest branch of the respective bank, or you can also apply for it online at BestLoanDeal.

  • What is the Gold Loan Interest Rate in Corporation Bank?

The Gold Loan Interest Rate now in Corporation Bank is 7.15% per annum.

  • How much Gold Loan can I get per gram in Corporation Bank?

You can profit up to ₹ 5,293 Per Gram in Corporation Bank Gold Loan.

  • How to check Gold Loan status in the Corporation Bank?

The customers can view the gold loan status by visiting the neighbouring branch of the Corporation Bank or by following the tracker webpage and fill the given details.

  • How to calculate Gold Loan Interest in the Corporation Bank?

The EMI calculator can calculate accurate figures of gold loan interest in the Corporation Bank.

  • How to Pay Corporation Bank Gold Loan Interest Online?

You can pay Corporation Bank Gold Loan interest online through net banking on the formal Central Bank of India loan compensation home page or by choice, and you can also repay your Corporation Bank Gold Loan on Paytm.

  • What if I can’t pay the interest on the Corporation Bank Loan for 3 months?

In case, repayment process of the interest on the Corporation Bank for three months is not over, and then you will be asked for the respective contribution. Still, if the hearing goes unheard, then the bank will be forced to step up for lawful activities.

  • How can I apply for EMI Moratorium on the Corporation Bank Gold Loan?

Applying for EMI Moratorium on Corporation Bank Gold Loan now between first March and 31st August 2020. It should be finished by calling the customer care of the bank or visiting the closest Corporation Bank office.