Canara Bank is providing a gold loan against the security of your gold jewelry under the scheme known as Swarn Loan. The gold loan can be availed by pledging your gold jewelry or coins primarily designed to meet personal and business financial emergencies. Canara Bank Gold Loan 

Canara Bank accepts 18 to 22-carat gold jewelry of up to 50 grams. You can avail jewelry loan for meeting all sorts of requirements for a maximum tenure of twelve months. Canara Bank is offering gold loans at the lowest rate of interest with multiple repayment options. Swarn loan from Canara Bank is the best temporary contingency plan during a financial crisis. You can get your gold back in the same condition after the repayment of the loan amount. 



  • Canara Bank provides you immediate assistance for a gold loan with minimum documentation.
  • Hassle-free loan approval and disbursal
  • Competitive interest rate
  • Gold loan is designed to meet all types of financial emergencies
  • Low processing fees 
  • Flexible repayment options with a maximum tenure of two years
  • The guarantor is not required for a gold loan.


  • Any individual above 18 years of age including salaried, self-employed, businessman, professional, housewives, pensioners, can avail gold loan from Canara Bank.
  • The borrower should be salaried/self-employed.
  • Applicants should have a sufficient source of income to repay the loan.
  • Applicant should have a savings account in the Canara Bank. If the borrower doesn’t have an account in the Canara Bank, he requires to be introduced by the trusted customers

Types of the Gold loan scheme 

Swarna Loan – It can be taken for the tenure of 12 months with a bullet repayment option.

Swarna overdraft– It can be taken for the tenure of 24 months at terms and conditions discussed at the time of application.

Swarna Express– It can be taken for the tenure of 6 months with a bullet repayment option.


Factors determining Canara Bank Gold loan interest rate


Amount of loan

Interest rate is impacted by the amount of gold you want to borrow, the higher the loan amount will incur the high-interest rate.


Quantity & quality of gold

The purity of gold is assessed by a bank jewel appraiser. Based on that bank determines the amount of gold.


Applicant’s income

The interest rate is impacted by the repayment capacity of the borrower. The bank judges the client’s repayment capacity to determine the rate of interest.


Lending rates of banks

Interest rates are linked to the marginal cost of fund-based lending rates and repo rate-linked lending rates. Canara bank issues loans against RRLR rates.


Required Documents

  • Duly filled application for Swarna loan
  • Identity proof: Adhar card, driving license, voter Id, passport, PAN card
  • Address proof: Adhar card, driving license, voter Id, Utility
  • Latest salary slip, form-16, bank account statement, etc. to establish income proof.
  • Certificate issued by bank’s jewel appraiser




Q. How much gold loan amount can be availed from Canara Bank?
Ans. An individual can get a gold loan from Canara Bank up to 75% of the gold value.
Q. Can we avail of a gold loan from all the branches of Canara Bank?
Ans. No, the Gold loan can be availed only from some specific branches of Canara Bank.