Andhra Bank Gold Loan

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 personal loan products and is available at reasonable rate of interest. You can apply for gold loan in Andhra Bank at 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:

Gold Loan in Andhra Bank features: -

  • 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.
Interest Rates of Gold Loan Andhra Bank

Currently bank charges the interest rate of 11.40% per annum 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.

Required Documents for Andhra Bank Loans on Gold

  • 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.

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.