ING Vysya Bank Gold Loan Per Gram Today is ₹ 2,900 to ₹ 3,450
| ING Vysya Bank Gold Loan Per Gram Today | Gold Loan Rate Per Gram Today is ₹ 2,900 to ₹ 3,450 |
| 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 | 75% of the gold ornament’s market value |
ING Vysya Bank Gold Loan Calculator
Some of the providers with a significant online presence offer gold loan calculators. These calculators are simple tools that allow you to experiment with loan amounts, repayment terms, and interest rates. The calculator gives you a sense of the actual financials of your transactions.
The following fields are present on a general gold loan calculator:
- Loan amount – This is the total principal amount of the loan you are looking for or have already obtained.
- Repayment tenure – The repayment tenure denotes the period over which you will repay the loan amount. You can choose the number of months you’d like to repay the loan.
- Interest rate – The interest rate charged on your loan. This figure will differ from one provider to the next. All you have to do is enter the necessary information and press the submit button. You will be shown the monthly repayment amount as well as the breakdown of principal and interest amounts.
Check the current gold rate with Dialabank.
Gold Loan Rate Per Gram by Gold Purity
The table below provides an estimate of gold loan per gram. ING Vysya Bank will make an offer against gold jewellery of various purity levels with a maximum LTV of 75% and a lower LTV of 65%.
| Gold Purity | Gold Rate Per Gram- Average Of Past 30 Days | ING Vysya Bank Best Gold Loan Per Gram | ING Vysya Bank Lowest Gold Loan Per Gram |
|---|---|---|---|
| 22 carat | ₹ 45,531 | ₹ 3,073 | ₹ 2,664 |
| 20 carat | ₹ 41,392 | ₹ 3,073 | ₹ 2,421 |
| 18 carat | ₹ 37,253 | ₹ 2,515 | ₹ 2,179 |
GOLD LOAN @ 0.49%*
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GOLD LOAN @ 0.49%*
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ING Vysya Bank Gold Loan Rates Per Gram
ING Vysya Bank offers a loan of ₹ 2,900 to ₹ 3,450 of gold based on current gold prices. The current ING Vysya Bank Gold Loan Rate per Gram is ₹ 2,900 to ₹ 3,450, with 22-carat dresses cut on the highest 90 percent LTV.
Updated - Gold Loan Per Gram Rate w.e.f Mar 24 2023
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 chart below depicts the historical movement of gold prices in India:
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)
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 Gold Loan Per Gram Rate Comparison
Tips to Get The Highest Gold Loan Amount from ING Vysya Bank
- For a gold loan, ING Vysya Bank accepts both hallmarked as well as non-hallmarked jewellery. However, you can get the highest gold loan per gram for hallmark jewellery because it reduces the chances of the appraiser undervaluing it. Furthermore, some banks charge lower processing fees when purchasing hallmarked gold jewellery.
- The price of 22-carat gold is adjusted by ING Vysya Bank based on the purity of the gold. As a result, always try to borrow against higher purity jewellery because it will get you the most money for a gold loan.
- Always seek for the greatest LTV on the value of gold. The RBI allows Home Credit Bank to charge a maximum LTV of up to 75% to calculate the amount of gold loan you are eligible for.
Gold Loan News
- What is a Sovereign Gold Bond (SGB)? Who issues these bonds?
Government securities denominated in grams of gold are known as SGBs. They serve as a substitute for physical gold. Investors must pay the issue price in cash, and the bonds must be redeemed in cash when they reach maturity. The Reserve Bank of India issues the bond on behalf of the Government of India.
- Gold pledging is on the rise as household stress rises.
According to Reserve Bank data, people are increasingly turning to gold and personal loans to cover basic expenses and medical emergencies.
