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Gold loans: Banks that offer the lowest interest rates

Gold rush: HDFC Bank, Indian Bank offer the cheapest gold loans at interest rates of 8.5-8.65 percent per annum. A gold loan is given when customers pledge their gold with the bank.
Big banks zero in on gold loans, line up cheaper rates for bigger market pie

HDFC Bank saw a 19 percent jump in its gold loan portfolio in fiscal 2023 whereas traditional gold loan lenders Manappuram Finance and Muthoot Finance saw an 11 percent fall and 1 percent growth, respectively, in their gold loan portfolios till December 2022 quarter

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Banks Gold Loan

Gold loans: Banks that offer the lowest interest rates

Big banks zero in on gold loans, line up cheaper rates for bigger market pie