Are you in need of quick funds without selling your valuable gold jewelry? A Gold Loan Bank in Pakistan can be your perfect solution. By pledging your gold, you get rapid access to cash at competitive rates—no lengthy approvals or hidden fees. In this guide, we explore the top 11 Gold Loan Bank choices, share real examples, and give fresh insights to help you make an informed decision.
Tip: Always check today’s gold rate on the bank’s website before applying for a gold loan from bank.
Why Opt for a Gold Loan Bank?
When you seek a bank loan on gold, you benefit from:
- Lower Interest Rates: Much less than private lenders.
- Transparent Terms: Clear markup rates and fees.
- Fast Disbursement: Cash in hand within hours.
Most banks offer up to 75%–85% loan against gold in Pakistan based on purity and weight.
Tip: Compare the maximum LTV (loan-to-value) ratios across banks to maximise cash-out.
Comparison Table: Top 11 Gold Loan Bank Options
| Bank | Max LTV (%) | Interest Rate | Processing Time | Min. Loan |
| National Bank | 75 | 9% – 12% | Same day | PKR 5,000 |
| Habib Bank | 80 | 8.5% – 11% | 1–2 hours | PKR 10,000 |
| MCB Bank | 85 | 9% – 12% | Same day | PKR 15,000 |
| UBL | 75 | 8.75% – 11.5% | 2–3 hours | PKR 10,000 |
| Bank Alfalah | 80 | 9% – 12% | Same day | PKR 20,000 |
| Standard Chartered | 85 | 8.5% – 10.5% | 1 day | PKR 25,000 |
| Askari Bank | 75 | 9.25% – 12% | Same day | PKR 5,000 |
| Silkbank | 70 | 10% – 13% | 1–2 days | PKR 10,000 |
| Bank of Punjab | 80 | 9% – 11.75% | 2–3 hours | PKR 20,000 |
| JS Bank | 75 | 9.5% – 12% | Same day | PKR 15,000 |
| Faysal Bank | 80 | 8.75% – 11% | Same day | PKR 10,000 |
Tip: Use this table to shortlist banks that match your cash requirements and time frame.
In-Depth Reviews
1. National Bank of Pakistan (NBP)
NBP’s Gold Loan Bank program offers up to 75% LTV at 9% markup. It’s known for:
- Fast Processing: Same-day approval and disbursement.
- Minimal Documents: CNIC and utility bill.
- Real Example: Ms. Sana in Lahore financed her daughter’s wedding with a PKR 120,000 gold loan from bank in just four hours.
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2. Habib Bank Limited (HBL)
HBL leads with 80% LTV and a low 8.5% interest rate. Highlights include:
- Digital Gold Locker: Safe storage for pledged items.
- Quick Approval: Funds in 1–2 hours.
- Real Example: Mr. Farhan in Karachi used an HBL gold loan to launch his roadside café.
3. MCB Bank
With 85% LTV, MCB offers the highest leverage among major banks. Features:
- Flexible EMIs: Choose monthly, quarterly, or bullet payments.
- Doorstep Service: For larger loans.
- Real Example: A Faisalabad textile trader secured PKR 500,000 against gold to buy raw materials.
Tip: If you need maximum funding, MCB’s 85% LTV can ease your cash flow.
4. United Bank Limited (UBL)
UBL’s bank loan on gold includes 75% LTV at 8.75% markup:
- Zero Processing Fee: For existing customers.
- Online Tracking: 24/7 loan status updates.
- Real Example: A student in Islamabad cleared semester fees via UBL’s gold loan.
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5. Bank Alfalah
Alfalah provides 80% LTV and 9% interest:
- Top-Up Facility: Increase your loan without full revaluation.
- Same-Day Disbursement: Quick cash availability.
- Real Example: A home baker in Multan used PKR 200,000 to purchase new equipment.
6. Standard Chartered Bank
SCB gives 85% LTV at 8.5% markup:
- Premium Service: Dedicated priority counters.
- Global Standards: Excellent customer care.
- Real Example: An executive in Karachi funded an overseas business trip.
Tip: If service quality matters most, SCB’s premium lanes can save you time.
7. Askari Bank
Askari allows 75% LTV with 9.25% interest:
- Longer Tenure: Up to 36 months.
- Easy Renewal: Extend without fresh docs.
- Real Example: A retired teacher in Peshawar financed medical bills over two years.
8. Silkbank
Silkbank offers 70% LTV at 10% markup:
- Low Entry Point: Min. loan PKR 10,000.
- Wide Reach: 100+ branches.
- Real Example: A Quetta freelancer borrowed PKR 20,000 to upgrade his laptop.
9. Bank of Punjab (BOP)
BOP’s gold loan from bank features 80% LTV and 9% interest:
- Mobile App: Apply digitally end-to-end.
- 24/7 Support: Always-on helpline.
- Real Example: A Sialkot shopkeeper restocked inventory with a BOP loan.
Tip: Use BOP’s app if you prefer a contact-free application process.
10. JS Bank
JS Bank provides 75% LTV at 9.5% markup:
- Collateral Flexibility: Accepts coins, bars, jewelry.
- Interest-Only Option: Pay markup monthly, principal later.
- Real Example: A Lahore startup bridged cash gaps with JS Bank’s flexible plan.
11. Faysal Bank
Faysal offers 80% LTV and 8.75% interest:
- No Hidden Fees: All charges disclosed upfront.
- Express Approval: Hours for salaried applicants.
- Real Example: A Rawalpindi government employee used express gold loan for home repairs.
Frequently Asked Questions
Which bank gold loan is best?
For highest LTV and lowest markup, MCB Bank and Standard Chartered top the list. For fastest disbursement, choose HBL or Askari Bank.
What is the gold loan policy of NBP?
NBP offers up to 75% LTV, 9% markup, and tenures up to 24 months. You need only your CNIC and a utility bill.
How much gold loan per 10 Gram?
At approx. PKR 200,000 per 10g of 24K gold, a bank gives 75%–85% LTV; that means PKR 150,000–170,000 cash for 10 grams.
What is the NBP gold markup rate?
NBP’s rate starts at 9% per annum, varying slightly by loan size and tenure.
Conclusion
Choosing the right Gold Loan Bank in Pakistan hinges on three factors: LTV ratio, interest rate, and processing speed. Whether you need cash for emergencies, business expansion, or personal use, one of these top 11 banks offers a solution tailored to your needs. Always compare daily gold valuations, read the fine print, and look for seasonal promotions for maximum benefit.
Final Tip: Before you pledge, call the bank branch to confirm the latest gold rate and any special offers.
Ready to get instant cash? Visit your preferred Gold Loan Bank’s website today and apply in minutes!
