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Canara Swarna Monthly Interest Loan

Gold loan with monthly interest servicing and principal repayment within 12 months, up to 75% of appraised gold value and ₹35 lakh.

Interest rateRLLR + 0.95% p.a. for Swarna schemes, as shown in Canara's official rate table.Maximum amountUp to 75% of appraised gold value; ₹5,000 minimum and ₹35 lakh maximum per borrower under the published scheme cap.TenurePrincipal is repaid within 12 months from sanction or as a bullet payment on maturity; interest is serviced monthly.
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Quick eligibility check

Canara Swarna Monthly Interest Loan

0 of 2 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you this type of customer: resident individuals and are assessed on pledged gold and ?

Published source: Minimum income

2Are you this type of customer: Resident individuals and may apply for genuine non-speculative needs against pledged jewellery or bank-sold coins up to 50 grams?

0 of 2 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byCanara Bank

India; eligible applicants

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeGold loan with interest serviced monthly and principal repaid within 12 months or as a bullet at maturity.View source
The official page distinguishes monthly interest servicing from principal repayment.
Source
Canara Swarna Monthly Interest Loan
Page / section
Security; Repayment
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateRLLR + 0.95% p.a. for Swarna schemes, as shown in Canara's official rate table.View source
The Swarna scheme row applies to Monthly Interest Loan.
Source
Loans Interest Rates
Page / section
Swarna schemes
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkRepo Linked Lending Rate (RLLR).View source
Canara links Swarna schemes to .
Source
Loans Interest Rates
Page / section
Swarna schemes
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR.View source
No is displayed.
Source
Canara Swarna Monthly Interest Loan
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo income threshold is published; resident individuals and NRIs are assessed on pledged gold and KYC.View source
The official page names eligible residents/ without an income minimum.
Source
Canara Swarna Monthly Interest Loan
Page / section
Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountUp to 75% of appraised gold value; ₹5,000 minimum and ₹35 lakh maximum per borrower under the published scheme cap.View source
The quantum section gives 75% and ₹35 lakh cap.
Source
Canara Swarna Monthly Interest Loan
Page / section
Loan Quantum
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenurePrincipal is repaid within 12 months from sanction or as a bullet payment on maturity; interest is serviced monthly.View source
Canara publishes the 12-month principal term and monthly interest servicing.
Source
Canara Swarna Monthly Interest Loan
Page / section
Repayment
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing fee0.30% of loan amount, minimum ₹250 and maximum ₹3,000, excluding GST.View source
The charges table groups Monthly Interest with standard Swarna charges.
Source
Canara Swarna Monthly Interest Loan
Page / section
Consolidated processing charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo prepayment penalty.View source
No prepayment penalty is listed.
Source
Canara Swarna Monthly Interest Loan
Page / section
Benefits
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Up to 75% of appraised gold value
  • ₹5,000–₹35 lakh
  • Monthly interest servicing
  • Principal due within 12 months or bullet maturity
  • No prepayment penalty
  • Nomination facility

Eligibility

  • Resident individuals and may apply for genuine non-speculative needs against pledged jewellery or bank-sold coins up to 50 grams.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Application and /identity/address proof
  • Gold jewellery or eligible coins for appraisal and pledge
  • Any additional branch documents

Related official documents

Canara gold-loan rates and service chargesofficial-rate-table · current · accessed 30 Aug 2026
↗
Canara Swarna Monthly Interest Loanofficial-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Swarna Express · Purpose / securityResident/; gold jewellery or coins up to 50g

This value is copied from Canara Swarna and agricultural gold-loan terms. Check the table notes before relying on it.

Source: Canara gold-loan pages and official rate/charge tables · Gold schemes; Agricultural gold schemes; Processing charges Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 4 rows · 4 columnsCanara Swarna and agricultural gold-loan termsPublished gold-security, LTV, rates, fees and repayment terms from current Canara pages and shared tables.View tableHide table

Scroll sideways to view every column

Canara Swarna and agricultural gold-loan terms
ProductPurpose / securityAmount / rateRepayment / charges
Swarna ExpressResident/; gold jewellery or coins up to 50g₹5,000–₹50 lakh; + 0.95%6-month bullet; 0.15%, ₹125–₹1,500
Swarna Monthly InterestResident/; gold jewellery or coins up to 50g75% appraised value; ₹5,000–₹35 lakh; + 0.95%12 months; monthly interest; 0.30%, ₹250–₹3,000
Gold Crop LoanCrop cultivation; pledged gold80% appraised value; ₹100–₹10 lakh; 1-year + 0.10%12 months instalment/lump sum; agricultural slab fees
Gold Crop OverdraftCrop cultivation; pledged gold80% appraised value; ₹100–₹10 lakh; 1-year + 0.10%12-month revolving; monthly interest; agricultural slab fees
Canara gold-loan pages and official rate/charge tables · Gold schemes; Agricultural gold schemes; Processing charges · accessed 30 Aug 2026Open official source ↗

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