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Gold Loan
Gold Loan

Gold Loan at the Lowest Interest Rate | Instant, Online & Secure

Get an instant gold loan at one of the lowest gold loan interest rates in India. Kosamattam Finance offers transparent gold loan rates, maximum value per gram, and fast disbursal, apply online or at your nearest branch. Backed by 175 years of trust.

Apply Now
Gold Loan

Gold Loan

Kosamattam Finance Offers One of the Best Gold Loan Interest Rates in India

Kosamattam Finance is one of India's leading NBFCs for gold-backed lending - offering the lowest gold loan interest rate starting from 12% per annum across flexible schemes. Whether you need an instant gold loan for a personal emergency or a business requirement, we disburse funds within minutes of gold valuation, with minimal documentation.

We offer the highest gold loan per gram value permitted under RBI guidelines - up to 75% of your gold's current market value. The gold loan per gram rate today is calculated based on live MCX gold prices, ensuring you always get the maximum loan amount for your ornaments. Check today's gold loan price per gram using our Gold Loan Calculator before you apply.

Applying for an online gold loan is simple - use the Finko app or submit your request on this page. Our loan against gold interest rate is among the most competitive in India, with no hidden charges and no prepayment penalty. When you compare the gold loan rate across lenders, Kosamattam consistently stands out for transparency and value.

Key Features of Our Gold Loan

Hassle Free

Hassle Free

Minimal documentation and instant gold loan disbursal - get cash in your hands within minutes of gold valuation.

More Value

More Value

Get the highest gold loan per gram rate today - maximum loan amount against your gold ornaments, benchmarked to live MCX gold prices.

Branch Repayment

Branch Repayment

Repay your gold loan at any of our 1000+ branches across India - rural, semi-urban, and metro locations covered.

Flexible Repayment

Flexible Repayment

Choose from multiple repayment modes - monthly interest, bullet repayment, or overdraft - with the lowest gold loan interest rate on every scheme.

Timely Reminders

Timely Reminders

We send timely reminders before your gold loan interest payment due dates - so you never incur overdue charges.

Custom Made

Custom Made

Custom gold loan schemes designed around your repayment capacity - with a competitive gold loan rate starting from 12% p.a.

Charges On Gold

What Makes Our Gold Loan Unique?

Kosamattam Finance has branches spread across rural and semi-urban India - serving farmers, small business owners, entrepreneurs, and retailers with competitive gold loan interest rates, hassle-free documentation, and instant cash disbursal. Our gold loan rate is determined transparently at the branch, with no surprise charges at closure or renewal.

We offer one of the highest gold loan per gram values in the industry. Today's gold loan price per gram is assessed in real time by our trained branch executives using certified equipment - so you see exactly how your loan amount is calculated. The gold pledge rate today at Kosamattam is benchmarked to live MCX gold prices, ensuring the maximum gold loan per gram for 18K, 22K, and 24K ornaments.

All Kosamattam branches are equipped with state-of-the-art vault security, burglary alarm systems, and round-the-clock CCTV monitoring. Your pledged gold is fully insured and returned in the same condition upon loan closure. Our branches are managed by experienced ex-bankers and certified gold valuers, making us a trusted choice for a low interest gold loan across India.

OVERDUE NOTICE CHARGE

₹200.00

(12% - 31% p.a.)

Rates vary according to the loan amount and repayment frequency

AUCTION CHARGES

₹1500.00

(12% - 31% p.a.)

Rates vary according to the loan amount and repayment frequency

MTM CHARGES

₹500.00

(12% - 31% p.a.)

Rates vary according to the loan amount and repayment frequency

PROCESSING FEES

₹0 ONWARDS

(12% - 31% p.a.)

Rates vary according to the loan amount and repayment frequency

Learn More

Running schemes

Attention Valued Customers:

The Schemes mentioned in this page is for your information of our popular Gold loan Schemes. Customers those who make regular payment of Interest.

  • Scheme Name:KGL-S
  • Scheme Name:KG-X1
  • Scheme Name:LCG_18CT
  • Scheme Name:KSF-B
  • Scheme Name:KFS-Z
Start Period End Period Interest Rate (%) Annual Int Rate (%)
0 1 12 12
1 2 5 17
2 3 3 20
3 6 4 24
6 9 3 27
9 12 4 31
Start Period End Period Interest Rate (%) Annual Int Rate (%)
0 3 23 23
3 6 4 27
6 9 4 31
Start Period End Period Interest Rate (%) Annual Int Rate (%)
0 3 18 18
3 5 3 21
5 7 3 24
7 9 3 27
9 12 4 31
Start Period End Period Interest Rate (%) Annual Int Rate (%)
0 1 12 12
1 2 5 18
2 3 3 21
3 6 4 25
6 9 3 28
9 12 4 31
Start Period End Period Interest Rate (%) Annual Int Rate (%)
0 1 9 9
1 2 4 13
2 3 4 17
3 6 6 23
6 9 6 29

Gold Loan Benefits

Apply for Gold Loan

01

Visit nearest branch

Walk into our branch with Aadhar Card / PAN Card

Visit nearest branch

02

Tender the gold ornaments

We will check your eligibility based on purity / value of gold

Tender the gold ornaments

03

Receive money

Get loan value instantly, in cash or account credit

Receive money

Gold Loan Calculator

Calculate value for your Gold

Calculate your eligibility for a gold loan by Kosamattam Finance.

Gm
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OR

Note

  • This is based on 22 carat gold value
  • Interest rates for 100% LTV scheme

Gold Loan Details

Loan Amount :

Gold to be pledged (in grams)

gm
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Apply for Your Gold Loan in Minutes!

Looking for a gold loan with competitive rates and flexible repayment options? Fill out this quick form, and our team will get in touch with you shortly. Your trust is our priority!

  • Loan Amount :
  • Gold to be pledged:
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Submit

Eligibility

Documents Required

Kosamattam Finance has branches spread across the rural and semi urban localities in the country, which forms the base of the company. Kosamattam provides gold loans to people from various strata of life including small business men, entrepreneurs, farmers and retailers with attractive interest rates, hassle free documentation and instant cash.

Gold Loan

Identity Proof

Across the rural and semi urban localities in the country, which forms the base of the company. Kosamattam provides gold loans to people from various places.

  • Aadhaar Card
  • PAN Card
  • Valid Passport
  • Valid Driving License
  • Voter ID Card

Address Proof

Across the rural and semi urban localities in the country, which forms the base of the company. Kosamattam provides gold loans to people from various places.

  • Aadhaar Card
  • Valid Passport
  • Voter ID Card
  • PAN Card
  • Valid Driving License

Freedom Online Gold loan

FOGL offers 24/7 online gold loans against your ornaments.

Learn More

Make Online Payment

Make secure online loan payments anytime, anywhere.

Learn More

Overdraft Gold Loans

Flexible Overdraft Gold Loans for your needs.

Learn More

Gold Loan Articles

Strong values and loyalty towards its customers. With this expertise in the gold loan

As part of our core business, we provide business loans secured by gold jewellery or gold loans. We primarily cater to individuals who posses gold jewellery but cannot access formal credit within a reasonable time, or for whom credit may not be available at all. We help our customers meet unanticipated or other short-term liquidity requirements.

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Stacks of gold coins and bars with an upward arrow symbolizing financial growth and investment returns

Does a Gold Loan Affect Your CIBIL Score? Understanding the Impact

Wondering if a gold loan affects your CIBIL score? It does—but in a good way if managed well! When considering a financial option like a gold loan, many borrowers wonder, "does gold loan affect CIBIL score?" The short answer is yes, it does. Like any other form of credit, a gold loan impacts your CIBIL score based on how you manage the loan. It’s essential to understand this relationship to maintain a healthy credit profile and avoid long-term financial setbacks. 

07 Jun, 2025

5 mins read

A Complete Overview about Gold Loan

Everything you need to know about gold loan

Money is a vital factor for our daily needs. Being a valuable asset, gold ornaments come in handy whenever we are in need of faster means of getting money.

11 May, 2022

3 mins read

Why Gold Purity Matters When Applying for a Loan

Why Gold Purity Matters When Applying for a Loan

Learn why gold purity plays a crucial role in gold loan approval and loan amount. When you're in urgent need of funds, a gold loan is one of the fastest and most reliable options available. But before you walk into a branch with your ornaments, it's crucial to understand one important factor that can make or break your loan deal gold purity. In this blog, we'll explore the importance of gold purity, how it affects the loan amount, and why understanding the gold karat value can help you get the best deal.

04 Jun, 2025

5 mins read

FAQs

Gold Loan FAQs

What is a Gold Loan ?

A gold loan is a secured loan where you pledge your gold ornaments with Kosamattam Finance and receive instant cash against their value. The loan amount is based on today's gold loan price per gram and the purity of your gold (18K–24K). You can repay at any of our branches across India, and your gold is returned in the same condition once the loan is fully repaid. Gold loans are preferred for their low interest rate, minimal documentation, and same-day disbursal.

Who is eligible to avail Kosamattam Gold loans? What security has to be provided?

Any Indian resident above 18 years who owns gold ornaments between 18K and 24K purity is eligible. Minors are not eligible. NRIs can also apply at select branches. No income proof or credit score is required - eligibility is based entirely on the value of your pledged gold ornaments.

What are the documents required for taking loan against gold ornaments?

Just two documents - one identity proof (Aadhaar, PAN, Passport, Voter ID, Driving Licence, or Ration Card) and one address proof. There are no end-use restrictions on a gold loan - you can use the funds for any personal or business purpose.

What is the gold loan interest rate at Kosamattam Finance?

The gold loan interest rate at Kosamattam Finance starts from 12% per annum. The exact rate depends on the scheme you choose, the loan amount, and your repayment frequency. We offer one of the lowest gold loan interest rates among NBFCs in India, with no hidden charges and no prepayment penalty.

What is today's gold loan rate per gram?

The gold loan rate per gram today is calculated based on the live MCX gold price and the purity of your ornaments. Kosamattam offers the maximum gold loan per gram within the 75% LTV limit set by RBI. Visit our Gold Rate Today page or use our Gold Loan Calculator to check the exact gold loan per gram rate today before applying.

What is the difference between gold loan interest rate and gold pledge rate?

The gold pledge rate today refers to the per-gram value used to calculate how much loan you can get against your gold. The gold loan interest rate is the annual percentage charged on the loan amount disbursed. Both are disclosed upfront at Kosamattam - the gold pledge rate today is updated daily, and our loan against gold interest rate starts from 12% p.a.

How is the maximum gold loan per gram calculated?

The maximum gold loan per gram depends on the current gold price and the purity of your ornaments. For 22K gold, the gold loan price today per gram is assessed at market rate, and you can borrow up to 75% of that value as per RBI guidelines. The highest gold loan per gram is available on 24K gold. Our branch executives assess purity on the spot using certified equipment at no charge.

Can I apply for a gold loan online?

Yes. You can apply for an online gold loan through the Finko app or by submitting your details on this page. A branch visit is required only for the physical gold valuation - the rest of the process, including loan approval, is completed within minutes of you arriving at the branch.

I've seen gold loan interest rates as low as 9%-10% advertised by some lenders. Is that the real rate?

It's a fair question and an important one to ask before you sign any loan agreement.
Advertised gold loan interest rates across the industry often represent the best-case scenario, available only under specific conditions: typically the smallest loan amounts, the shortest tenures, and a requirement that 100% of the interest is paid every month without fail. If any of these conditions are not met, the rate steps up, often significantly. Industry data shows that the actual average gold loan interest rate across NBFCs is considerably higher than what is advertised.
Beyond the interest rate, the total cost of a gold loan also includes processing fees (typically 0.5%-1.5% of loan amount), valuation charges, storage fees, and penal charges for late payment. These can add 2%-3% to your effective borrowing cost on top of the advertised rate.
At Kosamattam Finance, our gold loan interest rate starts from 12% per annum and we publish all applicable charges upfront on this page. Our processing fee starts at ₹0, and there is no prepayment penalty. What you see before you sign is what you pay. With 175 years of ethical lending behind us, transparency is not a feature, it is how we have always operated.
Before choosing any gold loan lender, we recommend asking for the complete fee schedule in writing, not just the advertised interest rate.

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I. Register on SCORES portal

II. Mandatory details for filing complaints on SCORES :

i.Name, Email, Mobile Number, PAN and Address


III. Benefits :

i. Effective communication

ii. Speedy redressal of the grievances

Website : https://scores.gov.in
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Key Reasons for Kosamattam Finance's Security Leadership:

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