The loan amount for the amount of gold loan you avail depends simply on the weight of jewelry you can promise with the bank. Mostly, banks offer a gold loan as per gram of gold which is different from the purity of the gold and loan to value ratio offered by the bank. The Banks offer lower interest rates if the amount is higher. The Bank offers loans between \u20b9 10,000 and \u20b9 10 Lakh of the amount. The relationship with the Canara Bank would offer special rates, offers, and charges to the existing account holders with the bank. Those who have made their payments timely with the bank in the past then the individuals can get the benefit of a low gold loan interest rate from Canara Bank. The tenure of the loan in many banks charges a higher rate of interest for gold loans of lower tenure and a lower interest rate for gold loans of higher tenure. The Bank offers a gold loan with a tenure of 12 months. The Loan to Value ratio against a maximum gold loan to a value of gold jewelry ratio on gold jewelry has been fixed at 75% by the RBI. Nonetheless, the Canara Bank also gives loans at lower LTVs. The interest rate on loans with lower LTV will be lower as compared to loans with a higher LTV. Maximum LTV offered by the Bank is 75% which is calculated on the net weight of gold in your jewelry.The purpose of Loan with All banks, including Canara Bank, also provides gold loans for agricultural purposes at low concessional rates, as the same is counted under priority sector which is lending targets of the bank. The bank's gold loan interest rate for agricultural loans is lower by 1-2% as compared to its gold loan rate for regular customers.