State Bank of Indore Gold Loan Per Gram Today is ₹ 3,800 to ₹ 4,350
| State Bank of Indore 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 | 75% of the gold ornament’s market value |
State Bank of Indore Gold Loan Calculator
To use the Gold Loan EMI Calculator at Dialabank, you must enter the following information:
- The lender’s offered interest rate
- Loan principal of the subscribed/required gold loan
- The repayment period that is planned
Following the submission of these three details, the EMI calculator would instantly calculate the monthly instalments to be paid by the borrower (while taking into account the current gold prices). Similar data can be entered into other EMI calculators, such as a home loan calculator, a personal loan EMI calculator, a car loan EMI calculator, and so on.
Check the current gold rate with Dialabank.
State Bank of Indore Gold Loan Rate Per Gram by Gold Purity
The table below provides an estimate of the gold loan per gram that the State Bank of Indore will offer against gold jewellery of various purity levels 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 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
State Bank of Indore Gold Loan Rate Per Gram
The table below displays the most recent State Bank of Indore gold loan rates per gram. Apr 27 2024
Updated - Gold Loan Per Gram Rate w.e.f Apr 27 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 Per Gram Rates
The table shows that, except for a few lows between some years, the gold price trend has historically been on the rise, giving credibility to the argument that gold is a safe investment over long periods.
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 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 Gold Loan Amount from State Bank of Indore
- To obtain a gold loan, State Bank of Indore accepts both hallmarked and un hallmarked jewellery. If you pledge hallmark jewellery, you can get a larger loan amount. Furthermore, some banks charge lower processing fees for hallmarked gold jewellery.
- The price of gold is adjusted by the State Bank of Indore based on its purity. As a result, always try to borrow money against higher purity jewellery, as this will provide you with the highest amount for a gold loan.
- Make every effort to obtain the highest LTV on the value of gold. The RBI allows the bank to request a maximum LTV of up to 75 percent to calculate the exact amount of gold loan that you are eligible for.
GOLD LOAN @ 0.75%*
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