You need money — maybe for a medical bill, a home renovation, or your child's education fees. You've narrowed it down to two options: a gold loan or a personal loan . But which one actually makes more sense for your situation? It's not a simple answer. Both loans serve different purposes, come with different costs, and suit different financial profiles. In this guide, we'll break down gold loan vs personal loan across every factor that matters — so you can pick the right one without second-guessing. Photo by Zayed Ahmed Zadu on Unsplash Gold Loan vs Personal Loan: Quick Comparison Before we dive deeper, here's a side-by-side snapshot: Factor Gold Loan Personal Loan Collateral Yes (gold jewelry) No (unsecured) Interest Rate 8.25% – 12% p.a. 10.5% – 18% p.a. Processing Time 30 minutes – 2 hours 2 – 7 days CIBIL Score Needed Not required 700+ recommended Loan Amount Up to 75% of gold value Up to ₹50 lakh (income-based) Tenure 6 months – 3 years 1 ...