Andhra Bank Gold Loan

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With the help of Andhra Bank Gold Loan Scheme customer can get loan against gold coins. Customer can use this loan for various reasons such as business requirements and personal needs. In India, Gold Loan is a better option for traditional gold loan products and is available at reasonable rate of interest. At, you can be informed of the latest gold loan schemes by the Andhra Bank.

Andhra Bank Gold Loan Details Updated on 17th February 2020

Loan Amount

Rs. 10 thousand to Rs. 20 lakhs

Loan Tenure

1 Years

Interest Rate

9.70% to 10.45%

At our website, you can also access Andhra Bank EMI calculator and know Andhra Bank gold loan eligibility, gold loan features, documents required for gold loan, and gold loans interest rates in Andhra Bank for free. provides all the information about Andhra Bank Gold Loan

Why Choose Andhra Bank Gold loan?

Andhra Bank has attractive offer on gold loan. It charges nominal rate of interest. The loan amount can be used for desirable purpose. Loan tenure is flexible and one can get maximum amount as per the gold weight. The procedure for loan sanctioning is transparent and the banks has helped several customers fulfil their financial needs with loan against gold.

Features of Andhra Bank Gold Loan

  • Bank doesn’t take processing charge for gold loans online. Bank maintain full transparency in application process and sanction of loan and at the same time bank keeps on informing about the progress of application.
  • It is a multipurpose loan which one can use for personal or business need.
  • Customer can rest themselves about safety of gold.
  • Bank doesn’t take prepayment penalty. The customers can pay the loan once they have sufficient fund and can get back their gold.

Why Apply for Andhra Bank Gold Loan?

Loanbaba provides comprehensive information about gold loans online by Andhra Bank. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for Loan against gold online on the bank's official website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

Andhra Bank Gold Loan Interest Rates

Currently bank charges the interest rate of 11.40% per annum  on loan against gold, which is calculated as base rate + 1.40%. Interest rates are subject matter to change therefore it is advisable to check for the same with bank before applying for loan.

Andhra Bank Gold Loan Eligibility Calculator

Gold loan eligibility may differ from one candidate to another. You can also use free-of-cost Andhra Bank gold loan eligibility calculator at

Types of Andhra Bank Gold loans

Andhra Bank has gold loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.

Andhra Bank Gold loan FAQs

Below provided are important questions about gold loan Andhra Bank

  • addFAQs
    1. What are the Required Documents for Andhra Bank Gold Loan?
      • Forms should be completely filled and attached with current photographs in passport size.
      • Any one document for ID Proof: - passport, PAN card, ration card, Aadhar card, driving license, etc.
      • Any one document for Address Proof: - ration card, voter ID, driving license, passport, Aadhar card, etc.

      Customer can get gold loan only if they are properly identified according to KYC AML norms.

    2. What are the Loan against Gold Fees and Charges?

    Charges for Processing

    No Charge

    Charges for Appraising

    1% of the approved loan amount

    Charges for loan above Two lakh rupees

    There is concession of 50% in all applicable charges.

Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Andhra Bank.

Andhra Bank Gold Loan Review

Gold Loan
star star star star star 15.0/5
Andhra bank provided me an instant response in regards to my Gold Loan application. The processing charges were minimal. It is a trusted service from their team.
Mumbai February 13, 2020
Gold Loan
star star star star star 14.0/5
My experience with Andhra bank for Gold Loan in Bangalore was a good one. My schedule was so hectic that I chose to apply online for the loan at loanbaba and was not disappointed by either of their service. Both loanbaba and Andhra were professional in their service.
Mumbai February 13, 2020
Gold Loan
star star star star star 15.0/5
I had applied my Gold Loan in Mumbai at Andhra bank. I was in dire need of funds and fortunately got the loan amount soon.
Mumbai February 12, 2020
Gold Loan
star star star star star 15.0/5
I requested for Gold Loan in Ahmadabad from Andhra bank. At first there were some issues as their charges were increasing my expenses than expected, but worked out a solution to it. All thanks to their customer service.
Mumbai February 12, 2020

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