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    Ellaquai Dehati Bank Gold Loan Per Gram

    Ellaquai Dehati Bank Gold Loan Per Gram Today is ₹ 3,506 to ₹ 4,621

    Interest Rate 7.0%
    Gold Loan Per Gram
    Rate Per Gram is Rs. ₹ 3,506 to ₹ 4,621
    Processing Fee
    0.85% of the loan amount + GST
    Loan Amount
    Up to Rs. 1 Crore (With Income Proof)
    Prepayment Charges
    0- 2%
    Repayment Tenure
    Up to 36 months
    Repayment Scheme
    Bullet Payment Scheme, Overdraft Scheme

    Ellaquai Dehati Bank is a rural bank commonly operated by the Government of India, the State Bank of India, and the Government of Jammu and Kashmir. It was founded on July 16, 1979. The Bank has 117 branches in the state and is represented in both divisions. Srinagar, Budgam, Ganderbal, Anantnag, Pulwama, Shopian, Kulgam, Jammu, Udhampur, Reasi, Ramban, Doda, and Samba are among the 13 states where the bank has branches. The bank offers a variety of financial services, including Personal Loans, Gold Loans, and Home Loans, among others.

    Gold Loan Calculator Ellaquai Dehati Bank

    Based on the criteria below, the Gold Loan Calculator calculates the amount of gold loan you can receive.

    • The bank’s in-house valuer will determine the purity and net weight of gold in your jewellery. The gold used in the jewellery should have a purity of 18 to 24 carats.
    • The bank will use a 30 day average of 22-carat gold multiplied by a factor of 20/22 to change the value of gold. You can also check the price of gold today.
    • Once the value of your jewellery has been assessed, the bank will use an LTV of up to 75% to assess your jewel loan amount eligibility.

    Ellaquai Dehati Bank Gold Loan Rate Per Gram by Gold PurityEllaquai Dehati Bank

    The bank’s valuer immediately appraises the gold, gold ornaments, or gold coins to decide the loan amount. It also involves purification checking. For valuation purposes, all other stones, crystals, or metals attached to the gold ornaments will be omitted.

    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

    Ellaquai Dehati Bank Gold Loan Rates Per Gram

    Updated - Gold Loan Per Gram Rate w.e.f Jun 16 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

    Indians is among the world’s biggest gold consumers, with the precious metal accounting for a significant portion of our total imports.

    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

    Gold Loan Per Gram Rate Comparison for Major Banks

    Feature
    HDFC Bank
    ICICI Bank
    Muthoot Finance
    Interest Rate
    9.90%
    10.50%
    12%
    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
    2500
    2600
    2700*

    Tips to getting Best Gold Loan Amount Per Gram from Ellaquai Dehati Bank

    • The Bank accepts both hallmarked and non-hallmarked jewellery for a gold loan.
    • Borrowing against higher purity jewellery would also get you the most money when it comes to a gold loan.
    • The net weight of your jewellery will be measured by the bank to decide the amount of gold loan you are eligible for.
    • Always go for the jewellery that has the fewest gems and stones. The lower the net weight and value of a piece of jewellery, the lower the amount of jewel loan you are liable for.
    • On gold, it’s common to aim for the maximum possible LTV. When determining the amount of gold loan you are eligible for, RBI allows the bank to charge a maximum LTV of up to 75%.


    gold loan at 7%

    हिंदी में पढ़े | தமிழில் படியுங்கள்

    Example: The loan sum is determined by the purity of gold, the LTV, and the weight of gold. Assume Mr Ram and his two mates, Mr Kesav and Mr Ashwith, each own differing quantities of gold of various purity. Mr Ram owns 70 grammes of gold with an 18-carat purity. Mr Kesav has 60 grammes of gold that is 20 carats pure, while Mr Ashwith has 50 grammes of gold that is 22 carats pure. They apply for a gold loan. The price used to determine their gold loan sum eligibility based on a maximum LTV of 75% would vary depending on the purity of gold, resulting in different gold loan eligibility.

    Carats / Weight Of Gold Gold Weight (In Gm) Purity Of Gold (In Carat) Gold Loan Eligibility
    Mr Ram 70 18 ₹ 2.60 Lakhs
    Mr Kesav 60 20 ₹ 2.48 Lakhs
    Mr Ashwith 50 22 ₹ 2.27 Lakhs

    Mr Ashwith, who has the smallest gold weight of 50gm, will receive the lowest gold loan rate of 2.27 Lakh from the Bank, as seen in the illustration above. Since Mr Ram has more gold weight, the Bank will give him the highest gold loan sum of Rs 2.60 lakh in the same example.