Saurashtra Gramin Bank Gold Loan Per Gram

Saurashtra Gramin Bank Gold Loan Per Gram is ₹ 72,800 to ₹ 78,350

The Saurashtra Gramin Bank Gold Loan is help offered by the bank that permits clients to utilise the gold they own to apply for a gold credit to meet their monetary requirements. As a result, the Saurashtra Gramin Bank enjoys numerous benefits, just as a low-loan fee.

Saurashtra Gramin Bank Gold Loan Calculator

• Nobility and netload of gold used in improvements: Gold used in pearls ought to be somewhere inside the extent of 18 and 24 carats unadulterated. To discover web weight, the Saurashtra Gramin will eliminate the significance of gems and stones from the firm weight of the jewels.

• Saurashtra Gramin Bank will assemble the impeccability and netload of gold in your upgrades by the cost of gold to choose its value. The Federal Reserve Bank of India has affected Indian banks to utilise the 30-day common cost of 22-carat gold, changed in accordance with goodness.
• Credit to Value Ratio: After picking the value of your pearls, Saurashtra Gramin Bank will utilise LTV of up to 75% to choose your capacity for a jewel advance. Saurashtra Gramin Bank will offer you a lower financing cost in case you essentially can take an improvement total that may not by and huge your most imperative LTV.

Saurashtra Gramin Bank Rate Per Gram by Gold Purity

The report under presents an appreciation of the gold development per gram that Saurashtra Gramin Bank would give opposite gold enhancements of various fairness levels at a most limit 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

Saurashtra Gramin Bank Gold Loan Rates Per Gram

The following table shows Saurashtra Gramin Bank Loan per gram rates – Jan 14 2025

Historical Gold Loan Rates Per Gram 

Indians are in the world’s driving clientele of gold. Indians will overall buy gold because it is seen as a ‘secured’ theory. Economic sponsors study the business areas at differences in costs, which straight interest exists. Allow us to look at the give essential chronicled gold credit rates per gram referred to under:

Major Banks Gold Loan Per Gram Rate Comparison

Tips to get the highest Amount Per Gram from Saurashtra Gramin Bank

For a gold credit, Saurashtra Gramin Bank perceives both hallmarked and non-stamped points. Hence if you have brand name pearls, you can get the most raised Saurashtra Gramin Bank gold credit per gram considering the way that the valuer is less arranged to criticise it. Also, some cash related affiliations charge lower exchange costs for hallmarked gold pearls.

The Saurashtra Gramin Bank Gold Loan Per Gram changes the cost of 22-carat gold to address perfection. Appropriately, get against higher-flawlessness embellishments if conceivable, as this will get you the most cash for a gold credit.

Saurashtra Gramin Bank Gold Loan Per Gram will utilise the net store of your improvements to pick the extent of gold advancement you are prepared for. Per Gram Gold Advance from Saurashtra Gramin Bank, Choose jewels with the least pearls and stones, however much as could be expected. The generosity of pearls and stones will be deducted from the general pile of the jewels by a huge part of the banks. To pick the net weight, Saurashtra Gramin Bank will rely on the evaluation of its gold valuer. As more jewels and stones are intersected to pieces of pearls, the right weight and face value of the piece shortage, completing a not so good jewel advance, are ready to see.

Example: The development entirety is directed by the flawlessness of gold, the LTV, and the greatness of gold. Anticipate that Kunal, Karan, and Sonali each own differentiating measures of gold of evolving temperance. Kunal has 70 grams of gold with 18-carat goodness. Karan has 60 grams of gold that is 20 carats unadulterated, and Sonali has 50 grams of gold that is 22 carats unadulterated. They apply for a gold credit with Saurashtra Gramin Bank. The worth used to choose their gold credit complete capability subject to the best LTV of 75% would move dependent upon the prudence of gold, achieving different gold development capabilities.

Sonali, who has the littlest gold load of 50gm, will get the most minimal gold advance pace of 2.27 Lakh from Saurashtra Gramin Bank, as found in the representation above.

Since Kunal has the most gold weight, He will receive the most elevated Saurashtra Gramin Bank Gold Loan Per Gram amount of Rs 2.60 lakh in a similar model.

Saurashtra Gramin Bank Gold Loan Per Gram FAQs

✅ What is Saurashtra Gramin Bank Gold Loan scheme?

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

✅ How much Saurashtra Gramin Bank Gold Loan Per Gram can I get?

The Saurashtra Gramin Bank Gold Loan Per Gram depends upon the purity of your gold. Currently the Saurashtra Gramin Bank Gold Loan Per Gram between ₹ 3,506 to ₹ 4,621.

✅ How is Saurashtra Gramin Bank Gold Loan Per Gram calculated?

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