Indiabulls Agriculture Gold Loan

Indiabulls Agriculture Gold Loan Per Gram Today is ₹ 3,800 to ₹ 4,350

Indiabulls Agriculture Gold Loan Per Gram Gold Loan Calculator

Dialabank’s Gold Loan Calculator estimates the gold loan you may attain primarily based on the subsequent factors

• Purity and net weight of gold in jewellery: 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 be 18 to 24 carat purity. Indiabulls will subtract the weight of gems and stones from the jewellery to determine the net weight. The appraiser will write up and present his findings in writing.
• Gold price: Once the purity and net weight of gold in your jewellery have been determined by the valuer, Indiabulls will multiply it by the current gold price to determine the value of gold. Banks have been instructed by the RBI to use the 30-day average price of 22 carat gold, adjusted for purity. So, if the gold has a purity of 20 carats, Indiabulls will adjust its value by taking the 30-day average of 22 carat gold and multiplying it by a factor of 20/22. Dialabank.com displays the current gold price.
• Loan to Value Ratio: Once the value of your jewellery has been determined, Indiabulls will apply an LTV of up to 75% to determine your eligibility for a jewel loan. Indiabulls may offer you a lower interest rate if you are willing to take a loan amount less than your maximum LTV.

Indiabulls Agriculture Gold Loan Eligibility

Documents Required for Indiabulls Agriculture Gold Loan

Indiabulls Agriculture Gold Loan Rate Per Gram by Gold Purity

The table below compares Indiabulls’s gold loan per gram to various purity levels of gold jewellery at a maximum LTV of 75% and a lower LTV of 65%.

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

Indiabulls Gold Loan Rates Per Gram

The table below compares Indiabulls’s gold loan per gram to various purity levels of gold jewellery at a maximum LTV of 75% and a lower LTV of 65%.

Historical Gold Loan Rates Per Gram

With the exception of a few dips, price trends have generally increased, as shown in the table.

Major Banks Gold Loan Per Gram Rate Comparison

Feature	HDFC Bank	Private 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 for obtaining the highest Indiabulls Gold Loan Amount

• For gold loans, Indiabulls accepts both marked and unmarked jewellery. If you have unique jewellery, Indiabulls will provide you with the best gold mortgage loan per gram because the appraiser will not underestimate your income. In addition, some financial institutions lowered the transaction price of gold-plated jewellery.
•  Indiabulls’s gold loan purity is 22 carats per gram. Therefore, as long as you need the most money for gold, you can borrow money from higher purity gold.
• Indiabulls will calculate the amount of your gold loan based on the net weight of the jewellery per gram. In your jewellery, use as few gemstones as possible. The weight of gemstones and rocks is usually deducted from the total weight of the gold by most banks. The net weight will be determined by Indiabulls’s gold appraiser’s analysis. As more diamonds and gemstones are added to a piece of jewellery, the overall weight and value of the piece decrease, allowing you to qualify for a lower gold loan.
• In the gold sector, the same strategy is used: aim for the highest LTV. When calculating your eligible gold mortgage amount, the Reserve Bank of India has permitted Indiabulls to charge up to 75 per cent of the LTV.