Corporation Bank Gold Loan Per Gram is ₹ 3,800 to ₹ 4,350
Corporation Bank Gold Loan Per Gram Today | Gold Loan Rate Per Gram Today is ₹ 3,800 to ₹ 4,350 |
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 |
Loan to Value Ratio | 75% of the gold ornament’s market value |
The Gold Loan Per Gram rates ranges from 3506 to 4621. And these gold loan per gram rates also based on various things like gold loan amount and the gold loan. So in this way, these Gold Loan Per Gram has various interest rates in these Corporation banks.
Gold Loan Calculator Corporation Bank
- Gold Loan Calculator in Corporation bank has many factors that involve in the Gold Loans. These include various things like the purity of the gold, weight of the gold and Gold Loan to Value ratio.
- The Gold Loan to Value Ratio is used for the jewellery. This Gold Loan to Value Ratio is 75%. The Gold Loan to Value Ratio is very important for availing of the best gold loan rates.
- And in these Gold loans, purity plays a major role. As purity has a lot of things interlinked, You need to use the best purity gold for your banks. The purity of the gold also affects the cost of the gold. The cost of the gold depends on the purity. If the purity of the gold is high then the cost of the gold is high and you can avail the best gold loan with low-interest rates. And these gold loan has various purities and these purities range in between 18-24 carat gold.
- Between these 18-24 carat gold only you can avail the best gold loans.
- The weight of the gold also plays a major role in the Corporation Bank Gold Loan Calculator. Based on the weight of the gold you can avail the gold amount.
- These are some of the Gold Loan Calculators in the Corporation banks. You can also avail of today’s gold rate in the Corporation bank.
Corporation Bank Gold Loan Rate Per Gram by Gold Purity
The above table shows the method by which Banks will calculate your per gram gold loan for gold of varying purity.
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
In the above table, you can see the Gold Loan Per Gram Rates for the last 30 days. And these are different for different carat golds. And these 22,24 and 18-carat golds are based on the purity of the gold. The Gold Loan Per Gram Amount is based on 45531 for 24-carat gold and 41392 for 20-carat gold and 18-carat gold for37253. These are some of the purities of the golds. 4621 is the highest gold loan per gram rates for the 22-carat gold. And for the Gold Loan per Gram rates for the 20-carat gold is 3073. And the Gold Loan Per Gram rates for the 18-carat gold is 2515. And the lowest rates for the 22-carat gold loan per gram is 3506.
Corporation Bank Gold Loan Rates Per Gram
Following Table shows the Gold Loan Rates Per Gram – Updated Apr 23 2024
Updated - Gold Loan Per Gram Rate w.e.f Apr 23 2024
Gold Weight
Gold Purity
24 CaratGold Purity
22 CaratGold Purity
20 CaratGold 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
The history of the Gold Loans are shown in the following table.
This Table Contains the Average Annual Gold Rate from 1965 - 2022
Year
Price (24 karat per 10 grams)
Year
Price (24 karat per 10 grams)
2023
₹ 54,699
1994
₹ 4,598
2022
₹ 52,950
1993
₹ 4,140
2021
₹ 50,045
1992
₹ 4,334
2020
₹ 48,651
1991
₹ 3,466
2019
₹ 35,220
1990
₹ 3,200
2018
₹ 31,438
1989
₹ 3,140
2017
₹ 29,667
1988
₹ 3,130
2016
₹ 28,623
1987
₹ 2,570
2015
₹ 26,343
1986
₹ 2,140
2014
₹ 28,006
1985
₹ 2,130
2013
₹ 29,600
1984
₹ 1,970
2012
₹ 31,050
1983
₹ 1,800
2011
₹ 26,400
1982
₹ 1,645
2010
₹ 18,500
1981
₹ 1,800
2009
₹ 14,500
1980
₹ 1,330
2008
₹ 12,500
1979
₹ 937
2007
₹ 10,800
1978
₹ 685
2006
₹ 8,400
1977
₹ 486
2005
₹ 7,000
1976
₹ 432
2004
₹ 5,850
1975
₹ 540
2003
₹ 5,600
1974
₹ 506
2002
₹ 4,990
1973
₹ 279
2001
₹ 4,300
1972
₹ 202
2000
₹ 4,400
1971
₹ 193
1999
₹ 4,234
1970
₹ 184
1998
₹ 4,045
1969
₹ 176
1997
₹ 4,725
1968
₹ 162
1996
₹ 5,160
1967
₹ 103
1995
₹ 4,680
1966
₹ 84
1994
₹ 4,598
1965
₹ 72
Gold Loan Per Gram Rate Comparison for Major Banks
Feature
HDFC Bank
SBI
Interest Rate
9.90% onwards
7% onwards
12% onwards
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
Processing Fee
0.25% to 1.50% of the Loan Amt
0.25% to 1.50%
Nil
Pre-closure Charges
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
3066
3073
3073
Tips to get Gold Loan Amount Per Gram from Corporation Bank
- You can avail the best Gold Loan Amount Per Gram from Corporation by using some of the simple steps.
- These Gold Loan Amount Per Gram has various benefits in the Corporation banks. For availing the best Gold Loan Per Gram you need the best high purity gold and this high purity gold is in between 18-24 carat gold.
- These Gold loans per gram have a loan to value ratio. These Loan to Value ratio is 75%. This Loan to Value ratio is also important for the Gold Loan Per Gram Amount from Corporation bank.
- Also, the gems and stones are also required in the Gold Loan Amount from Corporation banks. So in this way you can avail the best Golf Loan Amount Per Gram from the Corporation bank.
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News
2020-12-02: Union Bank corporates with the Corporation Bank
For the IT Integration, the Union Bank of India completes integration with the Corporation Bank. So by this integration, you can avail the best internet banking and a lot more things. For these banks, you can avail the best IFSC Codes. So these banks the IFSC Codes also transfers to March 31, 2021. And it has integrated with many other banks too like Andhra Banks. So in this way, the Union Bank integrates with the Corporation banks.