Federal Gold Loans

Features & Benefits

Get the money you need when you need it! Your perfect banking partner offers you instant cash against gold at low interest rates.
Instant sanction and hassle free processing
Low rates of interest without any hidden charges
Minimal Paper work and quick disbursement
Convenient repayment options (Lumpsum, EMI) and flexible tenure
Minimum Loan Amount is Rs 1,000 and Maximum Loan Amount is Rs 150 Lacs
Security for the loan will be pledge of 22 ct. gold ornaments
Any Individual can avail Federal Gold Loan
Can be availed for personal, business and agricultural purposes

Documents Required

If you are an existing customer, no extra documents are needed.

If you are a new customer, following documents are required:

  • Proof of Identity (Aadhar card/Passport / Voters ID card/ Driving License/PAN Card)
  • Recent Passport size photograph
  • Address Proof (Aadhar card/Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate)

Rate Per Gram

Please click here to know more about rate per gram for Gold Loans.

Interest Rates on Gold Loan & Charges

Doorstep Gold Loans

  • Get gold loans at the comfort of your home.
  • Hassle-free disbursement and release at the comfort and convenience of home.
  • Federal Bank in association with various partners offers door step delivery of gold loans.


1. M/s Rupeek Fintech Pvt Ltd


  • Available in selected cities: Mumbai, Chennai, Coimbatore, Bangalore, Hyderabad, Jaipur, Surat, Ludhiana, Indore, Lucknow,  Chandigarh, Pune, Ahmedabad, New Delhi, Kolkata, Rajkot, Vijayawada, Mysore.
  • Contact details of Nodal Grievance Redressal Officer – M/s Rupeek Fintech Pvt Ltd

Mr. Mohammed Imtiyaz

Rupeek Fintech Private Limited

Plot #45/B, Shubham Complex,

1st A Main, Ground Floor, Front Wing(B), Sarakki Industrial

Layout, J.P. Nagar, Bangalore, Karnataka 560078 India

Phone: 080-68951717 , Timings: 9:30 am to 6:30 pm ( Monday to Friday)

E-mail: grievance@rupeek.com


2. M/s Oro Corp Technologies Pvt Ltd


  • Available in selected cities: Chennai, Bangalore, Hyderabad, Pune.
  • Contact details of Nodal Grievance Redressal Officer – M/s Oro Corp Technologies Pvt Ltd

Mr. Mohammed Kabir  

Contact : 091 7971171064 

Orocorp Technologies Private Limited, #2, Rutland Gate 5th St, Srirampuram,

Thousand Lights West,  Thousand Lights, Chennai, Tamil Nadu 600006 

Email : grievance@orocorp.in  


Please visit our Grievance Redressal portal to lodge complaints if any.

Digi Gold Overdraft

With Digi Gold Overdraft scheme, pledge the gold with the bank, your gold will be stored safely & you can withdraw up to 72% of the value of the gold whenever you are in need of funds.

Know more

Fed Smart Saver Gold Loan

We are pleased to present to you the lowest interest rate among all of our gold loan schemes, which is only  9.10 percent. 

  • No monthly interest demand. ( Bullet repayment – on due date).
  • No Penal Interest

Know More

Explore Other Agri Loans

Gold Loans from Federal Bank @ Lowest Interest Rates

Frequently Asked Questions - Gold Loans

What is a Gold Loan?

It is a loan secured against the gold ornaments/bank coins acceptable as per RBI guidelines, which a customer pledges with the bank. The loan amount can be utilized for personal/business/agriculture & any other non-speculative purposes. It’s a loan which can be availed quickly and easily instead of going to pawn broker with higher rate of interest.


What are the benefits of Federal Gold Loan?

Gold loans from Federal Bank offers you following benefits:

  • Instant sanction and hassle free processing
  • Low rates of interest
  • Minimal Paper work and quick disbursement
  • Convenient repayment and flexible tenure
  • Higher Per Gram Rates
  • No Hidden Charges
  • Security for the loan will be pledge of 22 ct. gold ornaments


What is the Eligibility for Gold Loan?

For a gold loan, applicants should be individuals aged above 18 years and should have gold that needs to be pledged with the bank.


What is the interest charge on gold loan?

The interest rate on your gold loan varies depending upon the gold loan scheme. To view the interest rates on Gold loan, please click here.


What is the maximum amount that can be sanctioned under the gold loan scheme?

You can avail maximum Rs.150 Lakhs under Gold loan scheme.


Can I foreclose or prepay my Gold Loan?

Yes, you can foreclose or prepay your gold loan


Can I partially repay the Gold loan amount?

Yes, you can make part-payment. However, the gold ornaments pledged with Bank will be released only after the entire outstanding amount is repaid.

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