Apply Now


About Kotak Mahindra Bank Gold Loan :

Kotak Mahindra Bank is one the most trusted banks for gold loans. It is an Indian private sector bank and its headquarters at Mumbai. Kotak Mahindra Bank offers banking and financial services for corporate and retail customers.There are so many banks and non-banking financial companies in India that provide various financial products to the customers. These can be banking, insurance, loans or credit cards. Kotak Mahindra Finance Ltd. was established in 1985. The same got converted into a bank- Kotak Mahindra Bank Ltd. in March 2003. Kotak Mahindra Bank has presence in commercial vehicles, Retail finance, Corporate Banking, Treasury and Housing Finance.

People usually want to get the loan in case of any financial issues. Gold loan is a type of secure loan where you get the fund against the pledged gold assets. Here, we talk about all the things above that are quite normal but there is a change in it, now everyone has to get a gold loan with ease..You all think that “how it is possible? To overcome this issue Kotak Mahindra Bank came with an exciting opportunity i.e. Kotak Mahindra Bank Gold Loan. Kotak Mahindra Bank Gold loan provides an attractive interest rate with simple documentation. Get an instant loan against gold from Kotak Mahindra Bank and fulfil all your immediate financial  needs with ease.

Benefits of Kotak Mahindra Bank Gold Loan

Kotak Mahindra Bank offers gold loans at an interesting Interest rate. The Gold you pledge is securely secured in the bank locker, and you don’t need to stress over its safety.

  1. Now a days gold loan is fastest way to get loan 

  2. Gold can use for educational purpose

  3. Get an instant gold loan and fulfill all your immediate financial needs with ease.

  4. Offers attractive rate of interest

  5. Safety and security of your gold

  6. Less and simple paperwork

Fee and Charges of Kotak Mahindra Bank Gold Loan :



Processing fee

Up to 2% of the principal amount + GST

Stamping Charges

As per the applicable laws of the State

Commitment fee

Rs.1250 per quarter or 0.5% per quarter on the unutilized limit. It is applicable only to the overdraft facility where average quarterly limit utilization is under 50%

Overdue charges

3% of the overdue amount, compounded monthly

Collection charges


Dishonor charges per instance


Swap charges

Up to Rs.500 per swap per instance

Prepayment interest or foreclosure charges

2.5% of the amount foreclosed on the overdraft and Term Loan – Bullet category

3% of the amount foreclosed

Duplicate issue of NOC


Solvency Certificate


No Due Certificate


Copy of credit report


Documentation charges 


Eligibility Criteria for Kotak Mahindra Bank Gold Loan :

The following eligibility criteria are necessary to be met by the applicant who wants to apply for a Gold Loan :

  • The minimum age of the customer should be 18 years and maximum age is 75 years.

  • The applicant should be a proprietor or should be a Resident Individual residing in India permanently

  • In case he / she is not an indian resident then a proprietor will be needed.

  • The applicant can only offer gold ornament or any articles above 18 karats to 22 karats as security to the bank.

Documents required for Kotak Mahindra Bank Gold Loan :

1. Signed application form 

2. 2 passport size photographs

3. ID proof : Aadhar card, PAN card, Voter id, passport

4. Address proof : Aadhar card, Voter id, Passport, Utility bills

5. Post disbursement documents (If any)

Check other Bank Gold Loan Interest Rates :


Interest Rate

AXIS Bank Gold Loan

14.50% to 17%

HDFC Bank Gold loan

11% to 16%

Kotak Mahindra Bank Gold Loan

10.50% to 17%

Yes Bank Gold Loan

11.25% to 16.25%

ICICI Bank Gold Loan

10.00% to 19.76%

RBL Bank Gold Loan

Starting at 10.75%

IndusInd Bank Gold Loan

10.50% to 16.00%

Canara Bank Gold Loan

Starting at 13%

Punjab National Bank Gold Loan

10.05% to 11.05%

Other products of Kotak Mahindra Bank :

1. Kotak Mahindra Bank Car Loan

2. Kotak Mahindra Bank Home Loan 

3. Kotak Mahindra Bank Education Loan 

4. Kotak Mahindra EMI Calculator

How to apply for Kotak Mahindra Bank Gold loan :

1. Offline Method : By visiting the nearest bank branch.

2. Online Method :

  • First of all visit to Kotak Mahindra Bank web portal

  • Now  click on “personal section”

  • In “explore products” got to retails

  • Now click on “Loans”

  • Now go to “Gold Loan” 

  • Fill the application form and submit it

How to contact with Kotak Mahindra Bank Gold Loan :

1. By customer care contact number : 18602662666 / 18602660811

2. By customer care email id : [email protected]

Financials products offered by Bank :














Kotak Mahindra Bank Gold Loan Frequently Asked Questions :

1. What is the Gold Loan interest rate in Kotak Mahindra Bank?

Interest Rates range between 10.50% to 17% per annum and depending upon the amount and the purpose of the loan. A processing charge up to 2% of the loan amount may also be charged. The amount of the loan sanctioned depends on the quality and weight of the Gold pledged.

2. How to pay Kotak Mahindra Bank Gold Loan online?

Repayment of the gold loan at Kotak Mahindra Bank is made on Bullet Payment basis; customers can also avail EMI facility on Gold Loan and overdraft facility for businesses is also available. To pay the Gold Loan online, all you need to do is visit the bank’s website and give the loan account number/ CRN number and make the payment.

3. How to check gold loan status?

Check the status of your loan by visiting the bank’s official website and clicking on the ‘Track my Application’ link. You can also contact the bank via email or call on their customer care number for more information.

4. How to close Kotak Mahindra Bank Gold Loan?

Closing the Gold Loan from Kotak Mahindra Bank can be done online by visiting their official website and making the online payments or through a Cheque/DD/ fund transfer when physically visiting the branch. The customer has to visit the office even if the payment was made online to show the receipt and release their ornaments and receive the No Dues Certificate.

5. What is the minimum and maximum loan amount of Kotak Mahindra Bank Gold Loan?

The minimum loan amount is Rs.25000 and maximum loan amount is Rs.25 lakh of Kotak Mahindra Bank Gold Loan.

Last Updated on : 12/Aug/2020

Know More About

Kotak Mahindra Bank Gold Loan

You're eligible for a Kotak Mahindra Bank Gold Loan if you:

Are legally adult enough to handle it

Have still got it

Get a regular pay check

Make more than a basic buck

Your eligibility depends on:

Earn more than minimum income required

Maximum allowed Gold Loans is Rs. 10K to Rs. 45 lakhs

EMIs of other loans loweryour eligibility

Boost your eligibility by:

Pay off your credit card bills

Choose longer tenure loan up to 5 years

Nothing gets done without that paperwork (which we'll happily carry over to the bank for you, no sweat). Here's what you'll need:

  • 1. Photo ID and age proof
  • 2. Signed application form with photograph
  • 3. Residence proof
  • 4. Last 6 months bank statement
  • 5. Documentation for salaried applicants:
    • Last 3 months salary - slips
    • Form 16 or Income Tax Returns
  • 6. Documentation for self-employed applicants:
    • Last 3 years Income Tax Returns with computation of Income
    • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

Kotak Mahindra Bank Gold Loan Interest Rates

Updated on 25 Nov 2017

Kotak Mahindra Bank Gold Loan Details
Interest Rate (Monthly reducing balance) 10.5% - 17%
Processing Fees Upto 2% of the loan amount
Loan Tenure 4 year to years
Pre-closure Charges Varies with bank
Guarantor Requirement Varies with bank

Gold Loans EMI Calculator

Loan Amount


Interest Rate


Loan Tenure


Your Monthly Loan EMI