Uttarbanga Kshetriya Gramin Bank Gold Loan Per Gram

Uttarbanga Kshetriya Gramin Bank Gold Loan Per Gram is ₹ 2,900 to ₹ 3,450

The Uttarbanga Kshetriya Gramin Bank, a Regional Rural Bank sponsored by the Central Bank of India, was founded on March 7, 1977, under Section 3(2) of the RRB Act 1976 [ 21 of 1976], with equity participation from the Government of India (50 %), the Central Bank of India (35 %), and the Government of West Bengal (25 %) (15 %). With its headquarters in Coochbehar, the bank serves five West Bengal districts: Coochbehar, Jalpaiguri, Alipurduar, Darjeeling, and Kalimpong.

Uttarbanga Kshetriya Gramin Bank Gold Loan Calculator:

The gold loan calculator at Uttarbanga Kshetriya Gramin Bank tends to supply you with a gold loan based on specific criteria, thus here are some pointers:

• The net weight and the purity: Using their in-house valuer, the bank will determine the purity and net weight of gold in your jewellery. The gold used in the jewellery should have a purity of 18 to 24 carats. Uttarbanga Kshetriya Gramin Bank would remove the weight of diamonds and stones from the net weight of the jewellery to arrive at the net weight. The appraiser will document his findings in a report.
• Gold price: The RBI has instructed banks to use the 30-day average price of 22-carat gold, adjusted for purity. Uttarbanga Kshetriya Gramin Bank will change the value of gold if it is 20-carat pure by utilising the 30-day average of 22-carat gold multiplied by a factor of 20/22. Dialabank also has a current gold rate calculator.
• Uttarbanga Kshetriya Gramin Bank would utilise an LTV of up to 75 % to assess your jewel loan amount eligibility after calculating the value of your gems. If you are willing to take a loan amount that is less than your maximum LTV, Uttarbanga Kshetriya Gramin Bank may be able to offer you a lower interest rate.

Uttarbanga Kshetriya Gramin Bank Gold Loan Rate Per Gram by Gold Purity:

The table below shows an estimate of Uttarbanga Kshetriya Gramin Bank Gold Loan Per Gram will issue 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 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

Uttarbanga Kshetriya Gramin Bank Gold Loan Rates Per Gram:

A gold loan has long been considered a short-term loan that must be repaid promptly. The Uttarbanga Kshetriya Gramin Bank offers a gold loan at a rate of 5621 per gram, based on the current market value of gold. Uttarbanga Kshetriya Gramin Bank Gold Loan Per Gram Today’s pricing for 22-carat adornments is 5121, with a maximum LTV of 90%. The Gold loan is available to any Indian citizen who lives permanently within a 10-kilometre radius of the bank.

History of Gold Loan Rates Per Gram:

We may experience fluctuations in gold rates, thus the following table will provide you with gold rates so that you may invest accordingly.

Comparison of Major Banks’ Gold Loan Per Gram Rates:

In terms of comparing the gold rates of the following banks, here is a table with all the details that can help you with some information:

Tips for Getting the Most Money from Uttarbanga Kshetriya Gramin Bank:

• For a gold loan, Uttarbanga Kshetriya Gramin bank gold loan per gram accepts both hallmarked and non-hallmarked jewellery. For hallmark jewellery, however, you can get the greatest gold loan per gram because the valuer is less likely to undervalue it. Furthermore, some banks offer a lower processing cost for hallmarked gold jewellery.
• Uttarbanga Kshetriya Gramin Bank 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.
• Uttarbanga Kshetriya Gramin Bank will use the net weight of your jewellery to assess the amount of loan you can get against your gold. Always go for jewellery with the fewest feasible gemstones and stones. The majority of banks will deduct the weight of gems and stones from the total weight of the jewellery.

Uttarbanga Kshetriya Gramin Bank Gold Loan Per Gram FAQs

✅ What is Uttarbanga Kshetriya Gramin Bank Gold Loan scheme?

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

✅ How much Gold Loan can I get per gram in Uttarbanga Kshetriya Gramin Bank?

Depending upon the purity of your gold. Uttarbanga Kshetriya Gramin Bank Gold Loan Per Gram ₹ 3,506 to ₹ 4,621.

✅ How is Uttarbanga Kshetriya Gramin Bank Gold Loan Per Gram calculated?

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