Can I get gold loan without interest?

No, you cannot get a gold loan without paying interest, as all regulated lenders in India charge interest on gold loans. The interest acts as compensation for the lender providing you with funds against your gold. It’s important to read the fine print, as you may end up paying processing fees, valuation charges, or administrative costs that make up for the reduced interest.
Here are a few points to keep in mind:

• Regulated banks and financial institutions always charge some form of interest on gold loans, with rates in 2025 typically ranging from 8% to 24% per annum, depending on the lender, gold purity, and loan amount.
• Any so-called “interest-free” gold loan is extremely rare and, if offered, may not be from a reputable or regulated lender. Be cautious with such offers, as unregulated entities can pose risks to your gold and financial safety.
• Some lenders may waive interest for a very brief period as part of a special scheme, but you should always check for hidden fees or higher charges elsewhere in the agreement.
• Always calculate the total cost of borrowing—including all fees and charges—before agreeing to any gold loan.

In summary, a genuine gold loan without any interest does not exist in the regulated market. Always prioritise transparency and security when choosing a lender.