State Bank of Travancore Gold Loan Per Gram

State Bank of Travancore Gold Loan Per Gram rate is ₹ 3,800 to ₹ 4,350

Gold Loan is a product offered by the State Bank of Travancore to address the financial demands of customers who require money right now or in the event of a financial emergency. The Gold loan was created to help middle- and low-income borrowers get speedy finance for a variety of objectives. We offer a practical option for dealing with short-term financial problems.

Weddings, schooling, business expansion, and other such purposes are all possible with funds from the State Bank of Travancore Gold loan. A State Bank of Trancove gold loan is simple to obtain and will assist you in achieving your financial obligations. The State Bank of Travancore Gold Loan features a number of advantages, including a quick processing time, low interest rates, and a middle processing time.

State Bank of Travancore Gold Loan Calculator:

The gold loan calculator can be found at The State Bank of Travancore gold loan will be given to you based on a set of requirements, therefore here are some guidelines:

• The purity and net weight of gold in your jewellery will be determined using the purity and net weight of gold in your jewellery by the bank’s in-house valuer. The gold used in the jewellery should have a purity of 18 to 24 carats. The State Bank of Travancore gold loan would remove the weight of diamonds and stones from the net weight of the jewellery to arrive at the net weight.
• Banks have been advised by the Reserve Bank of India to use a 30-day average price of 22-carat gold that has been adjusted for purity. If the gold is 20-carat pure, the IIFL gold loan adjusts the value by multiplying 20/22 by the 30-day average of 22-carat gold. Dialabank now has a gold rate calculator that is up to date.
• After estimating the value of your stones, a standard chartered gold loan would assess your jewel loan amount eligibility utilising an LTV of up to 75%. The State Bank of Travancore gold loans may be able to offer you a reduced interest rate if you are ready to take a loan amount that is less than your maximum LTV.

The State Bank of Travancore Gold Loan Rate Per Gram by Gold Purity:

At a maximum LTV of 75 percent and a lesser LTV of 65 percent, the table below displays an estimate of the gold loan per gramme that IIFL gold loan will issue against various purity levels of gold jewellery. The State Bank of Travancore offers a gold loan of Rs 5,121 based on current gold prices.

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

The State Bank of Travancore Gold Loan Rates Per Gram:

The State Bank of Travancore gold loan per gram offers a gold loan of Rs 5,121 based on current gold prices. The average cost of a gold loan in the last 30 days in 2021 is 3,506 to 4,621 of my 22-carat, according to the State Bank of Travancore Gold Loan Per Gram Rate today, with 22-carat dresses cut on the greatest LTV 90 percent and the average cost of a gold loan in the last 30 days in 2021 is 3,506 to 4,621 of my 22-carat.

Gold Loan Rates Per Gram History:

Comparison of Gold Loan Per Gram Rates by Major Banks:

Here’s a table with all the information you’ll need to compare the gold rates offered by the banks listed below:

Tips for Getting the Most Money from State Bank of Travancore Bank gold loan:

• A gold loan from the State Bank of Travancore is available in both hallmarked and non-hallmarked jewellery. You can get the greatest gold loan per gramme because the valuer is less inclined to undervalue hallmark jewellery. Furthermore, some financial institutions charge a lower processing cost for hallmarked gold jewellery.
• The State Bank of Travancore gold loan adjusts the price of 22-carat gold to account for purity. As a result, borrow against higher purity jewellery wherever possible, as this will fetch you the most money for a gold loan.
• Bank Gold will calculate the amount of credit you can acquire against your gold based on the net weight of your jewellery in a typical chartered aeroplane.

State Bank of Travancore Gold Loan Per Gram FAQs

✅ What is the State Bank of Travancore Gold Loan scheme?

State Bank of Travancore 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 Travancore and other leading banks and non-banking financial companies. The current rate for State Bank of Travancore Gold Loan Per Gram is ₹ 3,506 to ₹ 4,621.

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

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

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

The State Bank of Travancore Gold Loan Per Gram amount depends upon the purity of one’s gold and the current market Gold Rate. State Bank of Travancore 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.