State Bank of Patiala Agriculture Gold Loan: Features and Benefits
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 |
Margin in Gold Loan for the Bank | 25% of the gold ornament’s market value |
State Bank of Patiala Agriculture Gold Loan Calculator:
State Bank of PatialaAgriculture gold loan eligibility:
Age | 18-70 years of age |
Nationality | Indian |
Employment Status | Salaried, Self-Employed |
Gold Quality, Quantity
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Minimum 18 Carats, minimum 10 grams
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Requirements |
Gold ornaments (18-22 carats)
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CIBIL score | Above 500 |
Documents Required for State Bank of Patiala Agriculture Gold Loan:
Photographs |
2 Passport-Sized photos, latest, coloured, clear, without spectacles
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Identity Proof
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Passport: Valid Copy of passport both front and last page
Voters ID card: Copy of Valid Voter Identity Card Driving License: Copy of Driving license which is valid. Adhar card: Copy of Adhar Card with current information |
Residence Proof
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Passport: Valid Copy of passport both front and last page
Voters ID card: Copy of Valid Voter Identity Card Driving License: Copy of Driving license which is valid. Adhar card: Copy of Adhar Card with current information Utility Bills on the name of the applicant. Sales Tax Certificate Rental Agreement |
Agricultural Land Proof
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Required only if the Loan is taken for Agricultural Purpose. In the case of an Agriculture Loan on the gold of more than Rs. 1 lakh there is no requirement of proof for allied agriculture purposes.
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Demand Promissory Note |
Certificate by the Jewel Appraiser (Bank will arrange)
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State Bank of Patiala Agriculture Gold Loan Rate Per Gram by Gold Purity:
Gold has always been and will continue to be one of the country’s most important and valuable assets. Year after year, it rose in importance, eventually becoming a key asset of one of the world’s many civilizations. Gold is quite valuable in today’s globe.
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.
State Bank of Patiala Agriculture Gold Loan Interest Rates Per Gram:
Updated - Gold Loan Per Gram Rate w.e.f Apr 27 2024 |
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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:
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:
The table below compares a list of institutions that offer gold loans to their valued customers:
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* |