Gold is a metal that is one of the most celebrated metals in our country. That is, a large number of people own gold in form of ornaments. Over the years, ornaments of gold which were first bought as a tradition in our country are now bought as security that can be exchanged or pledged in the times of need. Therefore, this the reason why the service of Gold Loan has become one of the fastest growing services in contrast to other financial products.

What is Gold Loan?

Are you facing any financial crisis? Or you are finding difficulties in managing your daily needs? If yes! Then, overcome all these problems by using your gold ornaments lying idle at home for availing a gold loan. In order to avail a Gold Loan, you just have to put ornaments of gold in the bank as collateral in return of money. As soon as you repay the loan amount, the applicant is given back the jewelry in the same shape. In addition, Gold Loan is one of the best financial services available in the market, due to the low Gold Loan Interest Rate.

You want to get a Gold Loan, but you are facing a problem in understanding how much amount of Gold Loan can be availed with the quantity of Gold you are having? If yes, then you can clear this confusion by knowing how much Gold Loan can be availed by per gram of gold. The Gold Loan per Gram of different banks is detailed below.

HDFC Gold Loan Per Gram

HDFC Bank is one of the best options to avail the service of Gold Loan. This bank was founded in 1994 and was the first private sector bank to get approval to provide financial services to the people from RBI. HDFC is a bank that is trusted by the people when it comes to financial services. So, you can apply for a gold loan from HDFC bank care-free.

The amount of loan that is approved to the customers depends upon the quality and the quantity of the gold. This table explains Gold Loan per Gram that can be availed from HDFC Bank.

Purity Gold Loan/10 Gram Gold Loan Per Gram
18 Carat Rs 16,000 Rupees 1,600
19 Carat Rs 17,000 Rupees 1,700
20 Carat Rs 18,000 Rupees 1,800
21 Carat Rs 19,000 Rupees  1,900
22 Carat Rs 20,800 Rupees 2,800

 

Note: The applicant has to have a minimum of 10 grams of gold in order to avail a Gold Loan.

Read More: HDFC Gold Loan

ICICI Bank Gold Loan Per Gram

ICICI Bank was established in the year 1999. Since then, this bank has been providing financial services to the people. Interestingly, this bank was the first bank to be listed in NYSE  from India. Therefore, this is also a trustable bank when it comes to availing a financial service like Gold Loan. Finally, easily apply for a Gold Loan through ICICI Bank, and overcome all your financial troubles.

Know the amount of Gold loan that can be availed for a particular quantity. The following  table explains Gold Loan per Gram that can be availed from ICICI Bank

Purity Gold Loan/10 Gram Gold Loan Per Gram
18 Carat Rs 15,500 Rupees 1,550
19 Carat Rs 16,500 Rupees 1,650
20 Carat Rs 17,500 Rupees 1,750
21 Carat Rs 18,500 Rupees  1,850
22 Carat Rs 20,300 Rupees 2,300

 

Note: The loan seeker should have 10 grams of Gold in order to avail a Gold Loan.

Read More: ICICI Gold Loan 

Yes Bank Gold Loan Per Gram 

Yes Bank is a financial institution that was founded in 2004. This is a private sector bank that has grown over the past decade. In addition, Yes Bank provides a lot of different financial services like Gold Loan, Personal Loan, Home Loan and many more. Therefore, you can easily apply for Gold Loan from Yes Bank and enjoy The Best Gold Loan Interest Rates.

Following is the table that depicts Gold Loan per Gram that can be availed from Yes Bank.

Purity Gold Loan/10 Gram Gold Loan Per Gram
18 Carat Rs 15,200 Rupees 1,520
19 Carat Rs 16,200 Rupees 1,620
20 Carat Rs 17,200 Rupees 1,720
21 Carat Rs 18,200 Rupees  1,820
22 Carat Rs 20,000 Rupees 2,000

 

Note: The loan seeker should at least have 10 grams of Gold in order to avail a Gold Loan.

Read More: Yes Bank Gold Loan 

Manappuram Gold Loan Per Gram

Manappuram Finance Limited is a non-banking financial service that was established in 1949 in the coastal village of Vallapad. Since then, the company has experienced overall growth. Currently, the company has 4208 branches in 28 states of India with a workforce of around 24,717. Manappuram is one of the most famous NBFC's in the category of Gold Loan. Thus, you can rely on this company when it comes to this service. 

But the first thing which comes to mind is that What will be the amount one will get of their gold ornaments. Manappuram provides the loan amount per gram as stated below:

Purity Gold Loan/10 Gram Gold Loan Per Gram
18 Carat Rs 16,000 Rupees 1,600
19 Carat Rs 16,200 Rupees 1,620
20 Carat Rs 17,000 Rupees 1,700
21 Carat Rs 18,000 Rupees  1,800
22 Carat Rs 19,500 Rupees 1,950

 

Note: The loan seeker should at least have 10 grams of Gold in order to avail a Gold Loan.

Read More: Manappuram Gold Loan 

Muthoot Gold Loan Per Gram 

Indian Financial corporation, Muthoot Finance Ltd is India's largest gold financing company. The company provides a wide range of financial services like money transfers, wealth management, foreign exchange services and many more. The headquarters of this company is in Kerala, India and it has 4,400 operational branches throughout the country. The service of Gold Loan is one of the most availed services of Muthoot Finance. Below is the Gold Loan Per Gram disbursed through Muthoot Finance Ltd.:

Purity Gold Loan/10 Gram Gold Loan Per Gram
18 Carat Rs 16,000 Rupees 1,500
19 Carat Rs 17,000 Rupees 1,700
20 Carat Rs 17,500 Rupees 1,750
21 Carat Rs 18,000 Rupees  1,800
22 Carat Rs 19,500 Rupees 1,950

 

Note: The loan seeker should at least have 10 grams of Gold in order to avail a Gold Loan.

Read More: Muthoot Gold Loan 

IIFL Gold Loan Per Gram

Indian Infoline Ltd is a financial services provider company which has its headquarters in Mumbai. The company started its operations in the year 1995. The company provides services in India, Canada, United States, United Kingdom, Switzerland, Singapore, Hong Kong, Mauritius, and UAE. The service of Gold Loan is famous in India as a lot of people own ornaments of Gold. Thus, in order to take a gold loan first get to know the loan amount that is disbursed on per gram of gold. 

Purity Gold Loan/10 Gram Gold Loan Per Gram
18 Carat Rs 16,500 Rupees 1,650
19 Carat Rs 17,000 Rupees 1,700
20 Carat Rs 18500 Rupees 1,800
21 Carat Rs 18,200 Rupees  1,820
22 Carat Rs 20,000 Rupees 2,000

 

Note: The loan seeker should at least have 10 grams of Gold in order to avail a Gold Loan.

Read More: IIFL Gold Loan 

SBI Gold Loan Per Gram

State Bank Of India is a public sector bank that provides financial service to the people. The bank was established in 1955. Also, the bank has its headquarters in Mumbai, India. State Bank of India has the largest number of employees that is around  209,567 as per the census of 2017. The company has a wide network of branches thus it is very easy to avail the services from SBI. Gold Loan is also one of the financial services provided by SBI to the customers. Gold Loan Per Gram disbursed by SBI is stated  below:

Purity Gold Loan/10 Gram Gold Loan Per Gram
18 Carat Rs 16,400 Rupees 1,640
19 Carat Rs 17,200 Rupees 1,720
20 Carat Rs 18,500 Rupees 1,850
21 Carat Rs 19,000 Rupees  1,900
22 Carat Rs 20,500 Rupees 2,500

 

Note: The loan seeker should at least have 10 grams of Gold in order to avail a Gold Loan.

Read More: SBI Gold Loan

How to Apply?

If you want to Apply for a Gold Loan, there are two ways to avail this service.

Offline Process

In order to avail a Gold Loan, you will have to find the nearest branch of the above-stated banks. You can do so by searching on google Gold Loan near me. This search will enlist all the branches available for a Gold Loan. Thus, you can reach to the nearby branch and avail a Gold Loan. This can be quite tiring for a customer.

Online Process

You can avail the service of Gold Loan very easily. That is, at the comfort of your home. Follow the steps in order to get a Gold Loan:

  1. To begin with, go to our website that is Dialabank
  2. Next, the loan seeker has to fill a form Online with current information.
  3. After this, you will get a call from our Relationship Manager to clear all doubts and to assist you in the entire process of the loan.
  4. After this, you can check your eligibility for further clarification of the approval of a loan.
  5. Furthermore, submit all the documents required as proofs in the banks.
  6. Finally, the loan is approved in some minutes and disbursed within a day.
  7. Lastly, you can also give a call on 95920-46860.

Major Banks Providing Gold Loan

Bank  Gold Loan Rate 
HDFC Bank 10.75%
Yes Bank  10.85%
Axis Bank 10.90%
SBI Gold Loan 11.50%
ICICI Bank 11.75%
IIFL Gold Loan 11.75%
Allahabad Bank Gold Loan 11.75%
Muthoot Gold Loan 12.00%
Federal Bank Gold Loan 12.00%
Manappuram Gold Loan  12.25%
IDBI Bank 12.25%
PNB Gold Loan 12.25%