Sarva UP Gramin Bank Agriculture Gold Loan is ₹ 72,800 to ₹ 78,350
| Sarva UP Gramin Bank Agriculture Gold Loan Today | Gold Loan Rate Per Gram Today is ₹ 72,800 to ₹ 78,350 |
| 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 jewellery and gold coins of 18-24 carats |
| Margin in Gold Loan for the Bank | 25% of the gold ornament’s market value |
Sarva UP Gramin Bank Agriculture Gold Loan Calculator
- Purity and net weight of gold used in jewellery: Gold used in jewellery should have a purity of 18 to 24 carats. The appraiser can monitor almost anything.
- The purity and net weight of gold in your jewellery will be multiplied by the gold price at the bank to determine its worth. Indian banks have been advised to use the Reserve Bank of India’s 30-day average price of 22-karat gold, adjusted for purity. The sum of 20-carat gold compounded by a 20/22 ratio will be multiplied by a 30-day average of 22-carat gold.
- Sarva UP Gramin Bank will use an LTV of up to 75% to decide your eligibility for a jewel loan after calculating the value of your jewellery. If you take a loan sum that is less than your maximum LTV, Sarva UP Gramin Bank will give you a lower interest rate.
Sarva UP Gramin Bank Agriculture Gold Loan Loan Eligibility
| Salaried Individual | Age – 21 years to 60 years |
| Net Monthly Income – Minimum ₹ 20,000 | |
| Employment Duration – 1-year minimum | |
| Income Eligibility – Based on Form 16 and salary slip | |
| Self-Employed Individuals | Age – 21-65 years of age |
| Minimum ITR – Rs.2 lakh | |
| Employment Duration – Minimum 3 years | |
| Income Eligibility – Depends on the latest Income Tax Returns | |
| Self-Employed Non-Individuals (Company/Partnership) | Minimum ITR – Rs. 2 lakh |
| Employment Duration – 3 years minimum | |
| The applicant has to present IT returns and audited financials of 2 years with Calculated Income. | |
| Priority Customers | At least 6-month vintage |
| Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh | |
| Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarter |
Documents Required for Sarva UP Gramin Bank Agriculture Gold Loan
Sarva UP Gramin Bank Agriculture Gold Loan Documents for Salaried Individuals
| Category | Documents Required |
| Identity Proof | Passport |
| Voter ID | |
| Aadhar Card | |
| (Any 1) | Driving License |
| Address Proof | Aadhar Card |
| PAN | |
| Driving License | |
| (Any 1) | Electricity Bill |
| Date of Birth Proof | Passport |
| Birth Certificate | |
| High School Marksheet | |
| (Any 1) | Driving Licence |
| Signature Proof | PAN |
| Bankers Verification | |
| Passport | |
| (Any 1) | |
| Income Proof | Salary Slip and latest Form No.16 |
| Bank Statement | Last 6 month Bank statement |
| Employment Continuity Proof | Job card by NREGA |
| ITR of Form no. 16 | |
| Salary Slip mentioned with joining date | |
| Letter of Appointment |
Sarva UP Gramin Bank Agriculture Gold Loan Documents for Self-Employed Individuals
| Category | Documents Required |
| Identity Proof (Any 1) | PAN Card |
| Passport | |
| Voter ID | |
| Aadhar Card | |
| Address Proof (Any 1) | PAN Card |
| Voter ID | |
| Passport | |
| Electricity Bill | |
| Date of Birth Proof (Any 1) | Birth Certificate |
| Passport | |
| Driving Licence | |
| PAN | |
| Signature Proof (Any 1) | PAN |
| Bankers Verification | |
| Passport | |
| Bank Statement | Bank statement of last 6 months |
| Employment Continuity Proof | Latest ITRs |
| Shop & Establishment Act Certificate | |
| Shop & Establishment Act Certificate | |
| Sales Tax or VAT Certificate | |
| Business Proof | Registration Certificate |
| Telephone Bill/Electricity Bill | |
| Shop & Establishment Act Certificate | |
| SSI or MSME Registration Certificate |
Sarva UP Gramin Bank Agriculture Gold Loan Documents for Self-Employed Non-Individuals:
Sarva UP Gramin Bank Agriculture Gold Loan Documents for Partnership Firms/Societies
| Category | Documents Required |
| Identity Proof (Any 1) | Driving Licence |
| PAN Card | |
| Aadhar Card | |
| Passport | |
| Address Proof (Any 1) | Electricity Bill/Telephone Bill |
| Aadhar Card | |
| Driving License | |
| Voter ID | |
| Income Proof | Audited Balance Sheet |
| P&L Account | |
| ITR for the previous 2 years | |
| Bank Statement | Last 6 month |
| Business Continuity Proof | Company ITR of the last 2 years |
| Audited Balance Sheet | |
| TAX registration Certificate | |
| Current Account Statement | |
| Additional documents | Letter of Authority or PAN Card |
Sarva UP Gramin Bank Agriculture Gold Loan Documents for Private Limited/Limited Companies
| Category | Documents Required |
| Identity Proof | The latest copy of MOA and AOA Copy of Incorporation |
| Address Proof (Any 1) | SSI/MSME Registration Certificate Telephone Bill Electricity Bill Shop & Establishment Act Certificate Sales Tax Certificate |
| Income Proof | Audited Balance Sheet P&L Account and ITR for the previous 2 years |
| Bank Statement | Previous 6 Months |
| Business Continuity Proof | P&L account and ITR of the Company of the past 2 years Audited Balance Sheet Shop & Establishment Act Certificate |
| Additional documents |
List of Shareholding partners and Directors
Board Resolution PAN Card Certificate of Commencement of Business for Ltd. Co |
Sarva UP Gramin Bank Agriculture Gold Loan Rate Per Gram by Gold Purity
The table below shows how much a Sarva UP Gramin Bank Agriculture Gold Loan will provide for various purity levels of gold jewellery at a higher LTV of 75% and a lower LTV of 65%.
| 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.
Sarva UP Gramin Bank Agriculture Gold Loan Interest Rates Per Gram
The following table shows Sarva UP Gramin Bank Agriculture Gold Loan Per Gram Rates – Jan 07 2025
Updated - Gold Loan Per Gram Rate w.e.f Jan 07 2025 |
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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
Studying the gold rate trend in India will provide insight into potential volatility, allowing for more informed investment decisions. The gold rate is influenced by a number of factors, including the central bank’s stability, market supply and demand, quantitative easing, government reserves, the health of the jewellery industry, and total annual output, to name a few. Take a look at the following comprehensive 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
| 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 Agriculture Gold Loan Amount from Sarva UP Gramin Bank
- The Sarva UP Gramin Bank accepts both hallmarked and non-hallmarked jewellery for a gold loan. Since appraisers are less likely to undervalue hallmark jewellery, the Sarva UP Gramin Bank Agriculture Gold Loan offers the best service. Furthermore, for hallmarked gold jewellery, certain financial institutions charge lower transaction fees
- The Sarva UP Gramin Bank’s Agriculture Gold Loan focuses on 22-carat gold purity. As a result, if at all possible, borrow against higher-purity jewellery to get the most money for a gold loan.
- According to Sarva UP Gramin Bank, the amount of gold loan you are liable for is determined by the net weight of your jewellery. Choose jewellery with the fewest gems and stones as much as possible. The net weight can be calculated using gold exchange rates. As more diamonds and stones are applied to a piece of jewellery, the total weight and value of the piece decrease, resulting in a lower jewel loan you are eligible for.
- It’s standard practice in gold to strive for the highest possible LTV. When calculating the amount of gold loan you are eligible for, the RBI has given Sarva UP Gramin Bank permission to charge a maximum LTV of up to 75%.
