State Bank of Patiala Gold Loan Per Gram Today is ₹ 72,800 to ₹ 78,350
State Bank of Patiala Gold Loan Per Gram 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 |
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.
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 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
State Bank of Patiala Gold Loan Rates Per Gram
State Bank of Patiala Gold Loan Per Gram is currently ₹ 72,800 to ₹ 78,350. 22-carat ornaments are calculated with an LTV of 75%. Gold prices fluctuate on a daily basis based on the loan per gram.
Updated - Gold Loan Per Gram Rate w.e.f Jan 14 2025
Gold Weight
Gold Purity
24 CaratGold Purity
22 CaratGold Purity
20 CaratGold 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
Gold price trends can provide insight into future volatility and aid in the development of appropriate investment plans.
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 Gold Loan Per Gram Rate Comparison
Feature |
HDFC Bank |
Private Bank |
Muthoot Finance |
Interest Rate |
9.90% |
10.50% |
12% |
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 |
Preclosure Chgs |
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 |
2500 |
2600 |
2700* |
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.