Himachal Pradesh Gramin Bank Agriculture Gold Loan

AT 0.75%* INTEREST RATE
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Himachal Pradesh Gramin Bank Agriculture Gold Loan Features & Benefits

Himachal Pradesh Gramin Bank Agriculture Gold Loan 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	25% of the gold ornament’s market value

The Himachal Pradesh Gramin Bank has an Agriculture Gold Loan that has various rates of ₹ 3,800 to ₹ 4,350. This Loan to Value Ratio for these Himachal Pradesh Gramin Bank is 25% of the Gold Ornaments Value. The Himachal Pradesh Gramin Bank offers various purity of Gold Loans.

Himachal Pradesh Gramin Bank Agriculture Gold Loan Calculator

Dialabank’s Himachal Pradesh Gramin Bank Agriculture Gold Loan Calculators estimates the Gold Loan Amount. These factors include Gold Loan Purity, Gold weight and Gold Price.
Gold Price: Gold Price is one of the most important things in the Gold Loan Calculator. These Gold Loan Calculator Price also depends on the Purity of the Gold. IN this way Gold Price is used.
Gold Purity: The Purity of the Gold plays a major role in the Himachal Pradesh Gramin Bank. The Purity of the Gold Loan ranges from 18-24 carat Gold.
Gold Loan to Value Ratio: The Gold Loan to Value Ratio for major banks is 75% of the Gold Ornament.

Himachal Pradesh Gramin Bank Agriculture Gold Loan Eligibility

Salaried Individual	Age – 21 years to 60 years
	Net Monthly Income – Minimum ₹ 20,000
	Employment Duration – 1-year minimum
	Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals	Age – 21-65 years of age
	Minimum ITR – Rs.2 lakh
	Employment Duration – Minimum 3 years
	Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)	Minimum ITR – Rs. 2 lakh
	Employment Duration – 3 years minimum
	The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers	At least 6-month vintage
	Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh
	Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarter

Documents Required for Himachal Pradesh Gramin Bank Agriculture Gold Loan

Category	Documents Required
Identity Proof (Any 1)	Passport Voter ID Aadhar Card Driving License
Address Proof (Any 1)	Aadhar Card PAN Driving License Electricity Bill
Date of Birth Proof (Any 1)	Passport Birth Certificate High School Marksheet Driving Licence
Signature Proof (Any 1)	PAN Bankers Verification Passport
Income Proof	Salary Slip and latest Form No.16
Bank Statement	Last 6 month Bank statement
Employment Continuity Proof	Job card by NREGA ITR of Form no. 16 Salary Slip mentioned with joining date Letter of Appointment

Himachal Pradesh Gramin Bank Agriculture Gold Loan Rate Per Gram by Gold 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

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

In the above table, there are Himachal Pradesh Gramin Bank Agriculture Gold Loan Rates Per Gram By Gold Purity.

Himachal Pradesh Gramin Bank Agriculture Gold Loan Interest Rates Per Gram

The following table shows the Himachal Pradesh Gramin Bank Agriculture Gold Loan Interest Rates Per Gram- Updated Apr 19 2024

Updated - Gold Loan Per Gram Rate w.e.f Apr 19 2024
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

The following table shows the Historical Gold Loan Rates Per Gram.

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

Major Banks Agriculture Gold Loan Per Gram Rate Comparison

Feature	HDFC Bank	SBI	Muthoot Finance
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	1 month 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 The Highest Agriculture Gold Loan Amount from Himachal Pradesh Gramin Bank

The factors that affect the Highest Agricultural Gold Loan Amount From Himachal Pradesh Gramin Bank are Weight of the Gold, Gold Loan Purity and the Gold Loan to Value Ratio.
There should be no gems and stones in the Gold. Because Gems and Stones are not used in banks. The Purity of the Gold may range from 18-24 carat Golds. This Purity may range based on the Price.
If the price of the Gold is less then the Purity is also less. In this way the Purity of the Gold Loan depends on the Price of the Gold Loan.