Here is a list of banks that offer very attractive gold loan interest rates.
The above interest rates are picked from the bankbazaar website.
According to the website SBI offers gold loans that begin at 7%.
Canara Bank offers gold loans that begin from 7.35%.
Bank of Maharashtra gold loans are very attractive and begin at 7.10%.
PNB's gold loans interest rates start from 7.70%.
Interest rates have risen over the last few quarters as the RBI has hiked lending rates.
Gold loans are nothing but loans that are offered against gold.