Gold Loan Interest Rates and Market Trends in India for 2026

Gold loans in India are secured loans where borrowers pledge gold as collateral, with interest rates in 2026 ranging from about 8.5% to 27% per annum depending on lender type, loan amount, and tenure. Public sector banks like SBI and PNB generally offer lower rates around 9%, while NBFCs may charge higher rates. Rising gold prices have increased loan amounts and demand, with outstanding gold loans growing significantly. Borrowers should consider gold price volatility and repayment options before opting for such loans.