State Bank of Patiala Gold Loan Per Gram

State Bank of Patiala Gold Loan Per Gram Today is ₹ 3,800 to ₹ 4,350

State Bank of Patiala Gold Loan Per Gram Gold Loan Calculator

To use Dialabank’s gold loan EMI calculator, you need to enter the following information:

• lender’s interest rate
• signed/required gold loan principal amount
• expected repayment period

When the buyer enters these three pieces of information, the EMI calculator will calculate the monthly payment (taking into account the current gold price). Other EMI calculators can use home loan calculator, personal loan EMI calculator, auto loan EMI calculator and similar information.
Check the current price of gold.

Check the current gold price.

State Bank of Patiala Gold Loan Rate Per Gram by Gold Purity

The table below provides an estimate of the cost of gold loans per gram. The State Bank of Patiala will bid on gold jewellery of various purity levels, with a maximum LTV of 75% and a minimum 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

State Bank of Patiala Gold Loan Rates Per Gram

State Bank of Patiala Gold Loan Per Gram is currently ₹ 3,800 to ₹ 4,350. 22-carat ornaments are calculated with an LTV of 75%. Gold prices fluctuate on a daily basis based on the loan per gram.

Historical Gold Loan Rates Per Gram

Gold price trends can provide insight into future volatility and aid in the development of appropriate investment plans.

Major Banks Gold Loan Per Gram Rate Comparison

Tips for obtaining the highest State Bank of Patiala Gold Loan amount

• State Bank of Patiala accepts both stamped and unsealed gold jewellery loans. However, you can get a gold loan from the State Bank of Patiala, which contains the highest amount of gold per gram, as this reduces the appraiser’s understatement. In addition, some banks charge lower handling fees when buying contrast gold jewellery.
• State Bank of Patiala adjusted the price of 22 carats of gold based on its purity. Therefore, always try to borrow money from the purest jewellery because you will get the most gold loans.
• Search for the LTV with the highest gold value. RBI allows the State Bank of Patiala to charge up to 75% of the LTV when calculating the eligible amount of gold loan.

Gold News

• The high demand for gold loans indicates that low-income households are in distress.

According to Reserve Bank of India data, outstanding loans granted by gold-plated banks increased by 82 per cent from Rs 33,303 crores in March 2020 to Rs 60 464 crores in March 2021.

• The second Sovereign Gold Bond plan is set to begin trading on May 24.

The second sovereign gold bond plan will be open for subscriptions on Monday (May 24, 2021), 2021-22. The Reserve Bank of India’s 2021-22 gold bond plan schedule will open the second round of windows for investors from May 24 to May 28.

State Bank of Patiala Gold Loan Per Gram FAQs

✅ What is State Bank of Patiala Gold Loan scheme?

State Bank of Patiala gold loan is a scheme that provides a loan against your gold. Any person in need of quick lump sum money can avail of this facility that is offered by State Bank of Patiala and other leading banks and non-banking financial companies. The current rate for State Bank of Patiala Gold Loan Per Gram is ₹ 3,506 to ₹ 4,621.

✅ How much Gold Loan can I get per gram in State Bank of Patiala?

State Bank of Patiala Gold Loan Per Gram Depends upon the weight and purity of your gold. State Bank of Patiala Gold Loan Per Gram ₹ 3,506 to ₹ 4,621.

✅ How is State Bank of Patiala Gold Loan Per Gram calculated?

The State Bank of Patiala Gold Loan Per Gram amount depends upon the purity of one’s gold and the current market Gold Rate. State Bank of Patiala Gold Loan Per Gram interest rate is then calculated based on several factors: loan amount, loan tenure, relationship with the lender, and loan to value ratio.