Punjab National Bank is an Indian multinational banking and financial services company. It is a state-owned corporation based in New Delhi, India. Founded in 1894, the bank has over 6,968 branches and over 9,656 ATMs across 764 cities.


The details of the Gold Loan of the Punjab National Bank is given below


You can use the gold loan from Pnb for personal, business and agricultural purposes. However, you should not use gold loan for speculative purposes such as purchase of gold coins, jewels, land, and investment in stocks, futures and options.

Eligibility for the Gold Loan

Gold ornaments karatage should be in the range of 18 to 24 karats.
Both hallmarked jewellery and non hallmarked jewellery can be used for availing gold loan.

The Pnb will value the jewelry based on price of 22 carat gold adjusted for purity. Banks use thirty days average rates of 22 carat gold prices


Interest Rate 10.95% - 11.95%
Repayment Options EMI Scheme, Bullet Repayment Scheme, Overdraft Scheme
Loan Tenure to 12 months
Minimum and Maximum Loan Amount Rs. 0 and Rs. 1,000,000
Processing Fee upfront fees of 0.70% of loan amount + taxes


EMI on Interest Rates

Rate of interest:

Higher the interest rate, higher will be the EMI. For a 12 months gold loan from Pnb at interest rate of 10.95% per annum,
EMI will be Rs. 8,836 per Rs. one lakh loan amount.
At interest rate of 11.95% for the same loan, the EMI will be Rs. 8,883

For More details you may visit the Nearest branch of the Punjab National bank

For Queries contact on the Following Customer Care of PNB bank

Customer service: 1800 180 2222