Kotak Gold Loan Interest Rate – Charges, EMI & Eligibility

Key Insights 

1. Kotak Bank Gold Loan interest rates start at 9%, and you can get your funds quickly. If you have a salary account, you might qualify for even lower rates.
    
2. Kotak Mahindra Bank makes all fees clear from the start. There is a 2% processing fee and fixed penalty charges, so you can plan your budget with confidence.
    
3. The Kotak Bank approval process is quick. Just apply online, visit a branch for gold valuation, and you can get your funds within hours.

Are you looking for quick funds? See Kotak gold loan interest rates for 2025. If you have a kotak gold loan interest rate for salary account, you might qualify for special rates and better terms.

The Kotak gold loan interest rate is like a small fee you pay to use the value of your gold. It covers the cost of turning your gold into cash. If you have any questions, the Kotak gold loan customer care team is ready to help.

I have a salary account and got a Kotak gold loan interest rate 2025 at a 9.75% interest rate. For a ₹5,00,000 loan, my EMI is about ₹23,000 for 24 months. This made it easier for me to get funds quickly when I needed them.

Key Features of Gold Loans Offered by Kotak Bank

You can quickly get cash by using your gold. Kotak Bank offers gold loan features to match different financial needs and makes the process easy for you.

Here is the list of the Kotak Gold Loan Interest Rate:
 

Kotak's gold loans offer fast approval, competitive rates, and flexible choices, so you can get the money you need with confidence.

Bonus Tip: Do you know? Indians aged 18 to 75 can apply for a gold loan, but borrowers below 27 or above 70 need a co-borrower.

Kotak Bank Gold Loan Processing Fees & Charges

Before you take a gold loan from Kotak Bank, take time to review the processing fees and charges and knowing these details can help you borrow confidently and avoid any surprises.

Here is the list of the Kotak Bank Gold Loan Processing fees:
 

Kotak’s gold loan has a 2% processing fee and transparent charges, offering clarity for your financial planning.

How to Apply for Kotak Bank Gold Loan?

You can get funds quickly by applying for a Kotak Bank gold loan. Apply online or visit a branch, and you’ll receive a fast decision.

Online Process:

1. You can apply for a Kotak Mahindra Bank Gold Loan via the Kotak Mahindra website.
2. First, visit the official Kotak Mahindra website and find the Gold Loan section.
3. Click on the Apply Now button to open the application form.
4. Fill in your name, mobile number, email address, city, and your CRN if you are already a Kotak Mahindra Bank customer.
5. When you submit the form, a bank representative will get in touch to discuss your loan needs and explain the details.
6. You will then finally visit your nearest branch to complete the process.

Offline Process:

1. Find a Kotak Mahindra Bank branch near you that provides gold loans.
2. Collect your valid ID, address proof, passport-sized photos, and your PAN card if your income is above ₹5,00,000.
3. Bring your gold ornaments or coins and all the required documents to the branch.
4. A bank official will check the purity and weight of your gold to decide your loan amount. Sometimes, an assayer helps with the valuation.
5. Fill out the application and sign the pledge agreement along with any other required loan documents.
6. After your documents are checked and signed, the loan amount will be credited to your account quickly.

It's simple to get a gold loan with Kotak. You can apply online, then stop by a branch for a quick gold.

Conclusion

Kotak Bank’s gold loan offers a simple way to get quick funds when you need them. Interest rates start at 9%, and the process is fast and transparent. You can apply online and visit a branch to use your gold as collateral..

FAQs

What is the Kotak League LTF rejected? 

If your Kotak League LTF (Lifetime Free) credit card application was rejected, it usually means the bank found some issues with your profile. Common reasons include a low credit score, high existing debt, missing or incorrect information on your application, income not matching requirements, or not meeting age or residency criteria. 

Kotak Bank is asking me to pay an extra ₹12,000 on a loan I already paid off years ago. How is this my fault?  

It can be upsetting to find out you owe more on a loan you thought was paid off years ago. Usually, this happens because of a mistake in the records or a mix-up about the final payment, not because you did something wrong.

What is the procedure, merits and demerits of a gold loan? 

A gold loan is a type of secured loan where you use your gold jewellery or ornaments as collateral to get money from a bank or financial institution. The process is usually fast. However, if you do not repay the loan, the lender may sell your gold to recover the money owed.

Why is it that Kotak Bank is the only bank that provides 6% interest compared to 4% by every other bank?  

Kotak Mahindra Bank used to offer high savings rates, around 6%, to attract customers, especially with its digital 811 account. However, it is not the only bank with high rates now, and 6% is not the standard. Savings rates change over time. Some banks offer good returns, especially on Fixed Deposits or special promotions, but the usual savings rate is closer to 3-4%. 

What are the ornaments that I can provide as security?

You can use any type of gold ornament or coin that is at least 18 karats and of high purity. The bank does not accept gold wrist watches, gold statues, mangalsutra, thali, raksha, kodi, or similar items as security.