Barclays Finance Gold Loan Per Gram

GET GOLD LOAN
AT LOWEST INTEREST RATE

⍟  Highest Rate Per Gram
⍟  Lowest Interest Rate of 0.79% p.m.

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    Barclays Finance Gold Loan Per Gram

    Barclays Finance Gold Loan Per Gram Today is ₹ 3,506 to ₹ 4,621

    Barclays Finance Gold Loan Per Gram Today Gold Loan Rate Per Gram Today is ₹ 3,506 to ₹ 4,621
    Eligible Age 18 to 75 years
    Loan Amount Eligibility Rs. 1,000 to Rs. 2 Cr
    Documents Required Basic KYC documents for address and identity proof. No income documents and no CIBIL score documents are required.
    Purity of Gold 18 carat to 22 carat
    Type of Gold Gold jewelry and gold coins of 18-24 carats
    Margin in Gold Loan for the Bank 25% of the gold ornament’s market value

    Barclays Finance Gold Loan Per Gram Gold Loan Calculator

    The Barclay Finance gold loan per gram calculator assists you in calculating the EMI amount that you must pay each month in the form of monthly instalments. An EMI is calculated based on the loan amount, loan term, and the interest rate charged. A Gold loan calculator considers the following key factors: 

    • Barclays Finance Gold Loan Per GramThe more considerable the loan amount, the higher the EMI amount.
    • The higher the interest rate, the higher the EMI value. 
    • The lower the EMI amount, the longer the loan term. 

    Check the Latest Gold Price

    Barclays Finance Gold Loan Rate Per Gram by Gold Purity

    Barclays Finance’s rate of Gold Loan per gram is Rs 5,121. The maximum LTV of 22-carat jewellery is 75% and the minimum LTV is 65%. The loan per gram fluctuates daily based on the price of gold.

    Gold Purity Gold Rate Per Gram- Average Of Past 30 Days Highest Gold Loan Per Gram Lowest Gold Loan Per Gram
    22 carat ₹ 4,620 ₹ 4,999 ₹ 4,956
    20 carat ₹ 3,939 ₹ 4,178 ₹ 3,795
    18 carat ₹ 3,545 ₹ 3,784 ₹ 3,460

    The above table shows the method by which Banks will calculate your per gram gold loan for gold of varying purity.

    • Gold loan per gram offer for 22-carat jewelry will be between ₹ 4,620 to ₹ 4,956
    • Gold loan per gram offer for 20-carat jewelry will be between ₹ 3,795 to ₹ 4,178
    • Gold loan per gram offer for 18-carat jewelry will be between ₹ 3,460 to ₹ 3,784

    Barclays Finance Gold Loan Rates Per Gram

    The current rate of Barclays Finance Gold Loan Per Gram is ₹ 3,506 to ₹ 4,621. The LTV of 22-carat ornaments is calculated at 75%. On a daily basis, gold prices fluctuate based on the loan per gram.

    Updated - Gold Loan Per Gram Rate w.e.f Sep 25 2021

    Gold Weight Gold Purity
    24 Carat
    Gold Purity
    22 Carat
    Gold Purity
    20 Carat
    Gold Purity
    18 Carat
    1 gram 4621 4290 3900 3510
    10 gram 46210 42900 39000 35100
    20 gram 93600 85800 78000 70200
    30 gram 140400 128700 117000 105300
    40 gram 187200 171600 156000 140400
    50 gram 234000 214500 195000 175500
    100 gram 468000 429000 390000 351000
    200 gram 936000 858000 780000 702000
    300 gram 1404000 1287000 1170000 1053000
    400 gram 1872000 1716000 1560000 1404000
    500 gram 2340000 2145000 1950000 1755000

    Historical Gold Loan Rates Per Gram

    Gold price trends can help forecast future volatility and aid in the development of appropriate investment strategies.

    This Table Contains the Average Annual Gold Rate from 1964 - 2021
    Year Price (24 karat per 10 grams) Year Price (24 karat per 10 grams)
    1964 ₹ 63.25 1993 ₹ 4,140.00
    1965 ₹ 71.75 1994 ₹ 4,598.00
    1966 ₹ 83.75 1995 ₹ 4,680.00
    1967 ₹ 102.50 1996 ₹ 5,160.00
    1968 ₹ 162.00 1997 ₹ 4,725.00
    1969 ₹ 176.00 1998 ₹ 4,045.00
    1970 ₹ 184.00 1999 ₹ 4,234.00
    1971 ₹ 193.00 2000 ₹ 4,400.00
    1972 ₹ 202.00 2001 ₹ 4,300.00
    1973 ₹ 278.50 2002 ₹ 4,990.00
    1974 ₹ 506.00 2003 ₹ 5,600.00
    1975 ₹ 540.00 2004 ₹ 5,850.00
    1976 ₹ 432.00 2005 ₹ 7,000.00
    1977 ₹ 486.00 2006 ₹ 8,400.00
    1978 ₹ 685.00 2007 ₹ 10,800.00
    1979 ₹ 937.00 2008 ₹ 12,500.00
    1980 ₹ 1,330.00 2009 ₹ 14,500.00
    1981 ₹ 1,800.00 2010 ₹ 18,500.00
    1982 ₹ 1,645.00 2011 ₹ 26,400.00
    1983 ₹ 1,800.00 2012 ₹ 31,050.00
    1984 ₹ 1,970.00 2013 ₹ 29,600.00
    1985 ₹ 2,130.00 2014 ₹ 28,006.50
    1986 ₹ 2,140.00 2015 ₹ 26,343.50
    1987 ₹ 2,570.00 2016 ₹ 28,623.50
    1988 ₹ 3,130.00 2017 ₹ 29,667.50
    1989 ₹ 3,140.00 2018 ₹ 31,438.00
    1990 ₹ 3,200.00 2019 ₹ 35,220.00
    1991 ₹ 3,466.00 2020 ₹ 48,651.00
    1992 ₹ 4,334.00 2021 ₹ 50,045.00

    Major Banks Gold Loan Per Gram Rate Comparison

    Feature
    Manappuram
    Axis Bank
    Yes Finance
    Interest Rate
    9.90%
    12.50%
    9.99%
    Min Loan Amt
    Metro : 25000, Non : 15000
    25000
    15000
    Max Loan Amt
    1 Cr
    1 Cr
    1 Cr
    Loan Tenure
    3 months to 24 months
    9 months to 24 months
    1 month to 24 months
    Processing Fee
    0.25% to 1.50% of the Loan Amt
    0.25% to 1.50%
    Nil
    Preclosure Chgs
    2%, Nil foreclosure charges after 3 months
    2%, Nil foreclosure charges after 9 months
    Nil
    Overdraft Facility
    Yes
    Yes
    Yes
    Pay Only Interest Facility
    Yes
    Yes
    Yes
    Gold Rate Per Gram
    3,124
    3,073
    3,069

    Tips for obtaining the highest Barclays Finance Gold Loan amount

    • Barclays Finance lends on both stamped and unsealed gold jewellery. You can, however, obtain a gold loan from Barclays Finance, which contains the most gold per gram, reducing the appraiser’s understatement. Moreover, when buying contrast gold jewellery, some banks charge lower handling fees.
    • The price of 22-carat gold was adjusted by Barclays Finance based on its purity. As a result, you should always try to borrow money from the purest jewellery because you will receive the most gold loans.
    •  Look for the LTV with the highest gold value. When calculating the eligible amount of a gold loan, the RBI allows Barclays Finance to charge up to 75 percent of the LTV.

    gold loan

    Gold News

    • The high demand for gold loans suggests that low-income households are in financial difficulty.

    According to the Reserve Bank of India data, outstanding loans granted by gold-plated banks increased by 82 percent between March 2020 and March 2021, rising from Rs 33,303 crores in March 2020 to Rs 60 464 crores in March 2021.

    • The second Sovereign Gold Bond plan would go on sale on May 24.

    Subscriptions for the second sovereign gold bond plan will be open on Monday (May 24, 2021), 2021-22. The Reserve Bank of India’s 2021-22 gold bond plan schedule will be available to investors for the second time from May 24 to May 28.

    Barclays Finance Gold Loan Per Gram FAQs

    ✅ What is the Barclays Finance Gold Loan scheme?

    Barclays Finance gold loan is a scheme that provides a loan against your gold. Any person in need of quick lump sum money can avail of this facility that is offered by Barclays Finance and other leading banks and non-banking financial companies. The current rate for Barclays Finance Gold Loan Per Gram is ₹ 3,506 to ₹ 4,621.

     How much Gold Loan can I get per gram in Barclays Finance?

    Barclays Finance Gold Loan Per Gram Depends upon the weight and purity of your gold. Barclays Finance Gold Loan Per Gram ₹ 3,506 to ₹ 4,621.

    ✅ How is Barclays Finance Gold Loan Per Gram calculated?

    The Barclays Finance Gold Loan Per Gram amount depends upon the purity of one’s gold and the current market Gold Rate. Barclays Finance Gold Loan Per Gram interest rate is then calculated based on several factors: loan amount, loan tenure, relationship with the lender, and loan to value ratio.