IndiaBanks.org · independent research

Personal, home, vehicle & other loans

Federal Bank Digi Gold Overdraft

A digital overdraft against eligible gold, with round-the-clock access to the limit, interest charged only on the amount used, and release or replacement of collateral during the loan term.

Digi Gold Overdraft processing fee0.39% of the limit, minimum ₹500, collected on the next day of opening; then 0.25% of the sanctioned limit, minimum ₹500, on each yearly anniversary. GST is additional.Security-operation fee₹550 for each security operation, excluding GST; applies to all permitted Gold Loan Schemes.Overdue notice charge₹250 per notice, excluding GST.
Official product page ↗Compare category

Quick eligibility check

Federal Bank Digi Gold Overdraft

0 of 9 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?

Published source: Eligibility

2Do you meet this product condition: eligible gold collateral is required?

Published source: Eligibility

3Do you meet this requirement: The product page specifies personal-purpose use?

Published source: Eligibility

4Can you provide this required proof: Existing customers: no extra documents listed?

Published source: Required documents

5Are you this type of customer: Federal Bank's eligibility page lists Digi Gold for resident individuals?

6Document checkDo you have this required document or proof: Existing Federal Bank customers: no extra documents are listed on the product page?

Published source: Required documents

7Document checkDo you have this required document or proof: New customers: identity proof, recent passport-size photograph and address proof?

Published source: Required documents

8Document checkDo you have this required document or proof: Eligible gold collateral for appraisal and pledge?

Published source: Required documents

9Document checkDo you have this required document or proof: The dedicated KYC page further lists two passport-size photographs for applicant/co-obligant?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Sept 2026 · active
Offered byFederal Bank

India

Key facts

What the official sources publish

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

Security-operation fee₹550 for each security operation, excluding GST; applies to all permitted Gold Loan Schemes.View source
The single table row says all permitted Gold Loan Schemes: Rs 550 applicable for each security operation; the column excludes and the page-2 note says is additional.
Source
Federal Bank Gold Loan Charges schedule (official ; file dated 01 April 2026)
Page / section
page 2, Security Operation fee table
Accessed
30 Sept 2026
Confidence
high
Open official source ↗
Overdue notice charge₹250 per notice, excluding GST.View source
The table lists Gold Loans at Rs 250 excluding ; the page note states applies in addition.
Source
Federal Bank Gold Loan Charges schedule (official ; file dated 01 April 2026)
Page / section
page 2, Overdue Notice Charges table
Accessed
30 Sept 2026
Confidence
high
Open official source ↗
Delayed-repayment penal chargePenal charges up to 8%, effective 1 June 2025; GST is additional. The schedule does not say this is a flat 8% for every borrower or default.View source
The row says All Gold Loans and Penal Charges – Up to 8%; the heading says effective 01/06/2025 and excludes .
Source
Federal Bank Gold Loan Charges schedule (official ; file dated 01 April 2026)
Page / section
page 2, Penalty for delayed repayment for Gold loans (w.e.f. 01/06/2025)
Accessed
30 Sept 2026
Confidence
high
Open official source ↗
Gold-loan division pricing disclosure — Q1 FY 2026-27Federal Bank's Gold Loan Business Division reported an interest range of 8.50%–22.90% p.a., mean interest of 10.87%, and APR range of 9.68%–26.03% for Q1 FY 2026-27; disclosure dated 4 August 2026. These are division-level portfolio figures, not a scheme-specific quote.View source
The one-page disclosure headed CREDIT PRICING DETAILS OF GOLD LOANS lists Range of Interest 8.50% p.a.–22.90% p.a.; Mean of Interest 10.87%; and 9.68%–26.03%. It names the Gold Loan Business Division and does not split the figures by scheme.
Source
Federal Bank Credit Pricing Details of Gold Loans — 2026-27, dated 04 August 2026
Page / section
page 1, complete credit-pricing disclosure
Accessed
30 Sept 2026
Confidence
high
Open official source ↗
Facility typeOverdraft against pledged gold; interest is charged only on the amount used.View source
The bank calls this an overdraft and states that interest is charged only for the amount utilized.
Source
Federal Bank Digi Gold Overdraft — official product page
Page / section
Features and Benefits, Overdraft Facility and interest on utilized amount
Accessed
30 Sept 2026
Confidence
high
Open official source ↗
Digi Gold Overdraft processing fee0.39% of the limit, minimum ₹500, collected on the next day of opening; then 0.25% of the sanctioned limit, minimum ₹500, on each yearly anniversary. GST is additional.View source
The Digi Gold row gives 0.39% next-day fee and a 0.25% fee on each yearly anniversary, each with a ₹500 minimum; all schedule fees exclude .
Source
Federal Bank Gold Loan Charges schedule (official ; file dated 01 April 2026)
Page / section
page 1, Digi Gold row
Accessed
30 Sept 2026
Confidence
high
Open official source ↗
Published usePersonal purposes; the page lists online shopping, transfers and bill payments from the overdraft limit.View source
The page says any individual can avail Digi Gold Overdraft for personal purposes and lists online shopping, transfers and bill payments.
Source
Federal Bank Digi Gold Overdraft — official product page
Page / section
Features and Benefits; use of loan amount
Accessed
30 Sept 2026
Confidence
high
Open official source ↗
EligibilityResident individuals; eligible gold collateral is required. The product page specifies personal-purpose use.View source
The bank's eligibility table says Digi Gold is for resident individuals; the product page requires eligible gold collateral and says personal purposes.
Source
Federal Bank Gold Loans — eligibility page and scheme mapping
Page / section
Eligibility table, Digi Gold row; Digi product page, eligible customer and collateral
Accessed
30 Sept 2026
Confidence
high
Open official source ↗
Required documentsExisting customers: no extra documents listed. New customers: identity proof, recent passport-size photograph and address proof. The dedicated KYC page further lists two passport-size photographs for applicant/co-obligant.View source
The product page distinguishes existing and new customers; the dedicated document page lists photo count and acceptable /address documents.
Source
Federal Bank Digi Gold Overdraft and Gold Loan Documents Required
Page / section
Digi page, Documents Required; dedicated Gold Loans Documents
Accessed
30 Sept 2026
Confidence
high
Open official source ↗
Collateral release / replacementGold collateral may be released or replaced during the loan tenure, subject to bank terms.View source
The bank explicitly lists release/replace of gold collateral during loan tenure.
Source
Federal Bank Digi Gold Overdraft — official product page
Page / section
Features and Benefits, release/replace gold collateral
Accessed
30 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Access the overdraft limit at any time, including holidays
  • Use the limit for online shopping, transfers, bill payments and sweep through mobile or net banking
  • Interest is charged only on the amount used
  • Gold collateral may be released or replaced during the loan tenure

Eligibility

  • Federal Bank's eligibility page lists Digi Gold for resident individuals.
  • The product page states personal-purpose use and pledge of eligible gold collateral.

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

Documents the bank lists

  • Existing Federal Bank customers: no extra documents are listed on the product page
  • New customers: identity proof, recent passport-size photograph and address proof
  • Eligible gold collateral for appraisal and pledge

Related official documents

Federal Bank Credit Pricing Details of Gold Loans — Q1 FY 2026-27, dated 04 August 2026official-credit-pricing-pdf · full-page-text-reviewed-source-file-and-visual-check-pending · accessed 30 Sept 2026
↗
Federal Bank Digi Gold Overdraft — official product pageofficial-product-page · current-product-page-reviewed · accessed 30 Sept 2026
↗
Federal Bank Gold Loan Charges schedule (official PDF; file dated 01 April 2026)official-gold-loan-charges-pdf · current-charge-schedule-reviewed · accessed 30 Sept 2026
↗
Federal Bank Gold Loans — detailed document checklistofficial-document-checklist-page · complete-page-reviewed · accessed 30 Sept 2026
↗
Federal Bank Gold Loans — eligibility page and scheme mappingofficial-eligibility-page · complete-page-reviewed · accessed 30 Sept 2026
↗
Federal Bank Gold Loan Interest Rate and EMI Calculator pageofficial-rate-calculator-page · complete-page-reviewed-no-scheme-rate-table · accessed 30 Sept 2026
↗
Federal Bank Gold Loan Rate Per Gram — consumption and income-generating LTV tableofficial-rate-and-valuation-page · complete-page-reviewed · accessed 30 Sept 2026
↗
Federal Bank Interest Rates on Loans and Advances pageofficial-loan-rate-page · complete-page-reviewed-gold-scheme-rate-not-listed · accessed 30 Sept 2026
↗
Federal Bank Rates and Charges indexofficial-rates-and-charges-index · complete-page-reviewed-gold-pdf-identified · accessed 30 Sept 2026
↗
Federal Bank detailed Retail Loans Interest Rates pageofficial-retail-loan-rates-page · complete-page-reviewed-no-gold-loan-row · accessed 30 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

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.

Digi Gold / Digi Gold · Published processing fee and collection timing0.39% of limit, minimum ₹500, collected on the next day of opening; then 0.25% of sanctioned limit, minimum ₹500, on every yearly anniversary.

This value is copied from Federal Bank gold-loan processing fees by scheme. Check the table notes before relying on it.

Source: Federal Bank Gold Loan Charges schedule (official ; file dated 01 April 2026) · page 1, complete Products / Applicable Processing Fees table Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 8 rows · 2 columnsFederal Bank gold-loan processing fees by schemeComplete page-1 fee matrix from the Gold Loan Charges PDF. Apply only the row that matches the sanctioned scheme; figures exclude GST, which is added separately.View tableHide table

Scroll sideways to view every column

Federal Bank gold-loan processing fees by scheme
Product / scheme named by the bankPublished processing fee and collection timing
Digi Gold / Digi Gold 0.39% of limit, minimum ₹500, collected on the next day of opening; then 0.25% of sanctioned limit, minimum ₹500, on every yearly anniversary.
Gold LoanLoan up to ₹5,00,000: ₹750. Above ₹5,00,000: 0.10% of limit, minimum ₹750.
General Gold Loan0.39% of sanctioned limit, minimum ₹500, collected upfront on disbursal.
GGL Interest Servicing Scheme — monthly / quarterly / half-yearly0.39% of sanctioned limit, minimum ₹500, collected upfront on disbursal; then 0.25% of sanctioned limit, minimum ₹500, on every yearly anniversary.
GGL Ultra0.39% of sanctioned limit, minimum ₹500, collected upfront on disbursal.
Kisan Gold / KGL — Distressed Farmers / KGL POWERUp to ₹50,000: nil upfront. Above ₹50,000: 0.39% of sanctioned limit, minimum ₹500, upfront on disbursal.
KGL / KGL Distressed Interest Servicing Scheme — monthly / quarterly / half-yearly / yearlyUp to ₹50,000: nil upfront and nil yearly-anniversary fee. Above ₹50,000: 0.39% of sanctioned limit, minimum ₹500, upfront; then 0.25% of sanctioned limit, minimum ₹500, on every yearly anniversary.
ISS GoldSanctioned limit ₹1,00,000–₹1,60,000: 1.5% of sanctioned limit. Above ₹1,60,000 and up to ₹3,00,000: 1% of sanctioned limit.
  • All fee amounts in this schedule exclude ; the says is additional.
  • This matrix also names other schemes whose product pages and applicability are not fully reviewed in this packet. Their rows are retained as source data, not treated as evidence that those variants have completed research.
Federal Bank Gold Loan Charges schedule (official ; file dated 01 April 2026) · page 1, complete Products / Applicable Processing Fees table · accessed 30 Sept 2026Open official source ↗
Table 2 · 1 row · 2 columnsFederal Bank Gold Loan security-operation feeComplete one-row table for the common security-operation fee.View tableHide table

Scroll sideways to view every column

Federal Bank Gold Loan security-operation fee
Loan typeCharge amount, excluding
All permitted Gold Loan Schemes₹550 for each security operation
  • is additional.
Federal Bank Gold Loan Charges schedule (official ; file dated 01 April 2026) · page 2, Security Operation fee table · accessed 30 Sept 2026Open official source ↗
Table 3 · 1 row · 2 columnsFederal Bank Gold Loan overdue-notice chargeComplete one-row Gold Loans overdue-notice table.View tableHide table

Scroll sideways to view every column

Federal Bank Gold Loan overdue-notice charge
Loan typeCharge amount, excluding
Gold Loans₹250 per overdue notice
  • is additional.
Federal Bank Gold Loan Charges schedule (official ; file dated 01 April 2026) · page 2, Overdue Notice Charges table · accessed 30 Sept 2026Open official source ↗
Table 4 · 1 row · 2 columnsFederal Bank Gold Loan delayed-repayment penal chargeComplete one-row penal-charge schedule; the published amount is an upper bound, not a flat 8% charge.View tableHide table

Scroll sideways to view every column

Federal Bank Gold Loan delayed-repayment penal charge
Loan type / effective datePublished penal charge, excluding
All Gold Loans; effective 1 June 2025Penal charges up to 8%
  • The source says up to 8%; it does not state that every borrower or default is charged a flat 8%. is additional.
Federal Bank Gold Loan Charges schedule (official ; file dated 01 April 2026) · page 2, Penalty for delayed repayment for Gold loans (w.e.f. 01/06/2025) · accessed 30 Sept 2026Open official source ↗
Table 5 · 4 rows · 3 columnsFederal Bank Gold Loan Business Division credit-pricing disclosure, Q1 FY 2026-27Complete one-page credit-pricing disclosure dated 04 August 2026. These are division-level portfolio figures, not quoted product/variant rates or a borrower-specific offer.View tableHide table

Scroll sideways to view every column

Federal Bank Gold Loan Business Division credit-pricing disclosure, Q1 FY 2026-27
MeasurePublished valueScope
Range of interest8.50%–22.90% p.a.Gold Loan Business Division; 2026-27
Mean of interest10.87%Gold Loan Business Division; 2026-27
Charges and feesSee the bank's Rates and Charges pageThe links to the bank's current charges index; scheme-level charges are in the linked schedule table.
9.68%–26.03%Gold Loan Business Division; 2026-27; aggregate range
  • Do not present these portfolio figures as the rate or of an individual gold-loan scheme. The disclosure does not split the figures by General Gold Loan, Digi , , Kisan, or interest-servicing variants.
Federal Bank Credit Pricing Details of Gold Loans — 2026-27, dated 04 August 2026 · page 1, complete credit-pricing disclosure · accessed 30 Sept 2026Open official source ↗
Table 6 · 2 rows · 2 columnsFederal Bank gold-loan per-gram maximum by purposeComplete scheme / maximum rate-per-gram table, preserving the bank's separate consumption and income-generating purposes.View tableHide table

Scroll sideways to view every column

Federal Bank gold-loan per-gram maximum by purpose
Scheme / purposeMaximum loan value per gram
Consumption loansUp to 75% of market value of gold
Income-generating loansUp to 85% of market value of gold
  • The page says the amount depends on weight and purity and refers to pledged 22-carat hallmarked gold. A separate gold-loan eligibility states up to 75% without this purpose split; that conflict is preserved and not resolved by assumption.
Federal Bank Gold Loan Rate Per Gram — consumption and income-generating table · Complete Scheme / Maximum rate per gram table and related · accessed 30 Sept 2026Open official source ↗
Table 7 · 4 rows · 6 columnsFederal Bank Gold Loan business-correspondent coverage and grievance contactsGold-loan partners and selected service cities listed by Federal Bank. Coverage is partner- and city-specific.View tableHide table

Scroll sideways to view every column

Federal Bank Gold Loan business-correspondent coverage and grievance contacts
Business correspondentSelected cities listedNodal grievance contactAddressPhone / hoursEmail
Rupeek Fintech Pvt LtdMumbai; Chennai; Coimbatore; Bengaluru; Hyderabad; Jaipur; Surat; Ludhiana; Indore; Lucknow; Chandigarh; Pune; Ahmedabad; New Delhi; Kolkata; Rajkot; Vijayawada; MysoreMohammed ImtiyazPlot #45/B, Shubham Complex, 1st A Main, Ground Floor, Front Wing (B), Sarakki Industrial Layout, J.P. Nagar, Bengaluru, Karnataka 560078, India080-68951717; 9:30 am–6:30 pm, Monday–Fridaygrievance@rupeek.com
Oro Corp Technologies Pvt LtdChennai; Bengaluru; Hyderabad; PuneMohammed Kabir#2, Rutland Gate 5th St, Srirampuram, Thousand Lights West, Thousand Lights, Chennai, Tamil Nadu 600006091 7971171064grievance@orocorp.in
Yellow Fintech Private LimitedBengaluruNikhil B N#677, 1st floor, Suite no.794, 27th main, 13th cross, sector 1, HSR Layout, Bengaluru 5601026366127569; 9:30 am–6:30 pm, Monday–Fridaynikhil@yellowmetal.co
Manipal Fintech Private LimitedChennaiRahul SinhaUdayavani Building, Press Corner, Manipal, Udupi, Karnataka 5761041800 309 8440; 9:30 am–6:30 pm, Monday–Fridaycustomer.care@manipalfintech.com
  • The bank page says these business-correspondent services are available in selected cities; verify current local availability and grievance escalation details with the bank or partner.
Federal Bank Gold Loans — product, collateral, valuation and page · Gold Loans through Business Correspondents; partner coverage and nodal grievance contacts · accessed 30 Sept 2026Open official source ↗

More from Federal Bank

Related products

Federal Bank Digi Gold Overdraft for NRIs

Federal Bank's Digi Gold Overdraft route for customers. The bank lists the same usage-based interest and digital access features as Digi Gold Overdraft; eligibility and additional documents are separately specified.

View product

Federal Bank Gold Loan

Borrow ₹3,000–₹1.5 crore against eligible 22-carat gold ornaments or coins, for personal, business or agricultural purposes, with lumpsum or repayment options.

View product