Axis Gold Loan

Get upto Rs 1,000/- Cashback*
Terms & Conditions Apply*
Apply Online

Axis Bank Gold Loan Interest Rate Oct 2016

Last Updated 17th Oct 16

Axis Bank Gold Loan Interest Rate 14.50% - 17.00%
Repayment Options EMI Scheme, Bullet Repayment Scheme, Overdraft Scheme
Loan Tenure 6 months to 36 months
Minimum and Maximum Loan Amount Rs. 25,001 and Rs. 2,000,000
Processing Fee Upto 1% of loan amount
Prepayment Charges Nil
Penal Charges 2.00% per month
Apply Axis Bank Gold Loan Online
 Salaried   Self Employed - Professional   Self Employed - Business 

I authorize MyLoanCare, its partners to contact me. This over rides my number being in NDNC registry

Axis Bank Gold Loan Interest Rate Calculator

Axis Bank offers gold loan to the customers who have urgent need of money. Gold loan to be offered by Axis Bank has many features like:
  • Loan available for larger tenure of 36 months
  • Earn 150 Loyalty points on gold loans on disbursement of loan
  • No partpayment and foreclosure charges

Gold Loan Axis

Axis Bank Gold loan interest rate is the rate which you pay over the loan amount that you have borrowed from Axis Bank. Gold loan interest rates offered by Axis Bank are fixed as well as floating
  • Fixed rates allow you to borrow loan at a fixed price which won’t change in the whole tenure in case of change in Axis Bank benchmark rate and should be chosen only if you believe that the rates will not hike in future
  • In contrast to this are floating rates which changes with a single change in Axis Bank benchmark rate in your loan tenure. You should go for floating rates if you can take the risk of hike in interest rates
Axis Bank Gold Loan Rates depends upon
  • Axis Bank gold loan amount: Gold loan rate in Axis Bank depends upon the loan amount you apply for. Higher the loan amount, lesser will be the interest rate

Axis Bank Gold Loan Charges

Axis Bank Gold Loan foreclosure charges- These charges are to be paid in case you want to repay your entire loan amount before the end of tenure period. Axis Bank allows prepayment of gold loan with Nil prepayment charges
Axis Bank Gold Loan processing fee- Axis Bank asks for a processing fee of Upto 1% of loan amount with applicable service tax
Penal Interest- Axis Bank charges a penal interest of 2.00% per month if you don’t pay the EMI on the due date decided by the bank

Axis Gold Loan EMI Calculator

Gold Loan EMI of Axis Bank is a fixed amount that you pay each month towards the repayment of your jewel loan. Lowest EMI offered by Axis Bank is Rs. 3,442 per lakh loan amount. Gold loan EMI of Axis Bank depends upon:
  • Rate of interest: Higher the interest rate, higher will be the EMI. For a 36 months gold loan from Axis Bank at interest rate of 14.50% per annum, EMI will be Rs. 3,442 per Rs. one lakh loan amount. At interest rate of 17.00% for the same loan, the EMI will be Rs. 3,565
  • Loan tenure: Longer the loan tenure, lesser your monthly EMI. At 14.50% per annum, the EMI would range from Rs. 17,379 to Rs. 3,442 for loan tenure ranging from 6 months to 36 months

Axis Gold Loan Eligibility Calculator

Gold loan eligibility criteria Axis Bank

Eligibility of Gold loan in Axis Bank depends upon multiple factors:-
  • Quantity and quality of gold pledged: Gold loan eligibility depends upon the weight and assessment of purity of the gold jewelry that is being pledged. Gold ornaments karatage should be in the range of 18 to 24 karats. Both hallmarked jewellery and non hallmarked jewellery can be used for availing gold loan.
  • Gold loan rate per gram: Axis Bank will value the jewelry based on price of 22 carat gold adjusted for purity. Axis Bank use thirty days average rates of 22 carat gold prices. You can also check today gold rate at Myloancare.
  • Form of gold pledged: You can get gold loan from Axis Bank against jewelry or ornaments with a purity of 18 carats or more and specially minted gold coins with a weight of up to 50 grams. You will not be eligible for gold loan against gold bars, ETFs (exchange traded funds), specially minted coins of more than 50 grams and ladies mangal sutra.
  • Purpose for which loan is used: You can use the gold loan from Axis Bank for personal, business and agricultural purposes. However, you should not use gold loan for speculative purposes such as purchase of gold coins, jewels, land, and investment in stocks, futures and options.
Estimated eligibility online by using Gold Loan Eligibility Calculator

Popular Axis Gold Loan Products

Axis Bank offers you following gold loan schemes
  • Loan Against Gold Ornaments

Gold Loan Axis documents required

The documentation process of Axis Bank is smooth. Here is a list of documents which are required to apply for home loan from Axis Bank:
  • Identity proof: Passport, Driving License, PAN Card, Aadhar Card, Voter’s ID Card
  • Address proof: Aadhar Card, Voter’s ID Card bank statement, rent agreement, utility bills, registry copy

Frequently Asked Questions – Axis Gold Loan

What is the maximum loan tenure I can opt under Axis Bank gold loan?

Axis Bank offers you tenure of upto 36 months to repay your gold loan.

Can I prepay my gold loan? What are the charges applicable?

Yes, you can prepay your gold loan. Applicable prepayment charges - Nil.

If I fail to repay the loan amount on time, what are the late payment charges on Axis Bank gold loan?

If you fail to repay the loan amount on due date, then you need to pay penal charges at 2.00% per month over and above contracted rate of interest. In case the loan is still not paid back, Axis Bank may dispose off the gold and recover its dues including principal, interest and penal charges.

What is the maximum gold loan amount available?

You can avail gold loan up to Rs. 2,000,000 from Axis Bank

Compare Axis Gold Loan

Comparison of Axis Bank Gold Loan with other banks

Axis Gold Loan in India

Axis Bank Gold Loan Customer Care Number, Email, Application Status

Contact Details of Axis Bank Gold Loan Branches
City Customer Care Number
Agra 0522-2230857
Ahmedabad 079-26563232
Ambala 0172-2620489
Anand 079-26563232
Aurangabad 022-25260501
Bangalore 080-25317830
Bhilai 1800-209-5577
Bhilwara 1800-209-5577
Bhiwadi 022-25260501
Bhopal 0755-2579009
Bhubaneswar Cuttack 0674-2572955
Bikaner 1800-209-5577
Chandigarh 0172-2620489
Chennai 044-28123888
Cochin 1800-209-5577
Coimbatore 044-28123888
Dehradun 1800-209-5577
Delhi 011-23736555
Durg 1800-209-5577
Faridabad 0124-2309447
Gandhinagar 079-26563232
Ghaziabad 0522-2230857
Goa 022-25260501
Greater Noida 011-23736555
Gurgaon 0124-2309447
Guwahati 0361-2341818
Gwalior 0755-2579009
Hyderabad 040-23418888
Indore 0755-2579009
Jabalpur 0755-2579009
Jaipur 0141-2228866
Jalandhar 0172-2620489
Jodhpur 1800-209-5577
Kanpur 0522-2230857
Karnal 0124-2309447
Kolhapur 022-25260501
Kolkata 033-22839971
Kota 1800-209-5577
Kozhikode 0471-2558588
Lucknow 0522-2230857
Ludhiana 0172-2620489
Madurai 044-28123888
Meerut 0522-2230857
Mehsana 079-26563232
Mohali Sas Nagar 0172-2620489
Mumbai 022-25260501
Mussoorie 1800-209-5577
Nagpur 022-25260501
Nashik 1800-209-5577
Noida 011-23736555
Noida Extn. 011-23736555
Panipat 0124-2309447
Patna 0612-2205810
Pondicherry 1800-209-5577
Pune 022-25260501
Raipur 1800-209-5577
Rajkot 079-26563232
Ranchi 1800-209-5577
Rohtak 0124-2309447
Roorkee 1800-209-5577
Salem 044-28123888
Shimla 0177-2627711
Sonepat 0124-2309447
Surat 079-26563232
Trichy 044-28123888
Udaipur 1800-209-5577
Vadodara 079-26563232
Varanasi 0522-2230857
Vijaywada 1800-209-5577
Vizag 1800-209-5577
*My Finance Care Advisors Pvt. Ltd., or is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.
Axis Gold Loan News - Oct 2016
18th Oct 16 Axis Bank cuts it benchmark MCLR by 5 base point rates
Axis Bank cuts it benchmark MCLR by 5 bps with effect from Tuesday. The bank has reduced down its rates across tenures, effectively reducing the overnight rates to 8.80 per cent while their three year lending rate is 9.35 percent. The bank announced the reduction after its peers such as ICICI, Kotak Mahindra, and Indian bank cut their lending rates following the RBI monetary policy review on October 4th, 2016.
15th Oct 16 Axis, Kotak Mahindra Banks tests blockchain transactions
ICICI Bank has done successful execution of its first two transactions using blockchain technology, now other private sector banks gear up for the technology. Axis Bank and Kotak Mahindra Bank are conducting pilot transactions in trade settlements and cross border remittances, while HDFC is still assessing the opportunity.
12th Sep 16 Freecharge, Axis Bank tie-up to launch UPI payments for consumers, merchants
Freecharge has tied up with Axis Bank to start Unified Payments Interface (UPI) enabled payment on its Android app. This app will enable consumers to make instant seamless transactions from their smartphone using a virtual payment address (VPA). Consumers can create a virtual address on the Freecharge Android app and link it to their bank account to register on the UPI app. This feature will allow consumers to pay on Freecharge in a secure way for transactions and bill payments.
27th Aug 16 Axis Bank launches NFC payments on GoQii devices, opens innovation lab for startups
Axis Bank launches NFC payments on GOQii fitness wearable devices and also opened an innovation lab called Thought Factory that would focus on developing innovative tech solutions which can improve customer experience in banking. This is the first time that health and fintech are working together in the Indian startup network. The bank has identified 120 startups for this scheme for a three month mentorship program. The lab will also host accelerator programs for startups who will work closely with intrapreneurs from Axis.
27th Aug 16 Axis Bank partners Amazon, Visa to help Indian fintech startups
Axis Bank has entered into a strategic partnership with Amazon Internet Services to setup a co-working center at its Thought Factory in Bengaluru. With this collaboration, Amazon will be hosting sessions with AWS technical experts for startups along with offering AWS credits, conducting thought leadership talks, bootcamps and startup pitches among others. Apart from Amazon, Axis Bank is also associating with Visa to co-create digital trade solutions for startups under its Innovative Lab Facility Thought Factory. Axis Bank is also collaborating with OverseasChinese Banking Corporation fintech unit The Open Vault at OCBC for information sharing and offering mentoring to startups