Canara Bank Gold Loan Per Gram Today, 10 October 2026: How Much Loan for 1 Gram of Gold?
Today's numbers first (2026-10-09): 24k references ₹14943/g, so 22k pledges ceiling near ₹10,266/gram under the 75% cap. Canara Bank quotes at or under that per scheme, on a 9%–9.25% rate board — the tables below price both sides.
Indicative figures for comparison only. BankCreds is not a lender — the bank or NBFC’s current schedule and your Key Fact Statement are the binding numbers.
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Canara Bank gold loan per gram today
On today's reference of ₹14,943 per gram of 24K (updated 2026-10-09), a gram of 22K jewellery is worth about ₹13,688 and supports a maximum advance of roughly ₹11,635 per gram at Canara Bank on a small pledge.
Canara Bank advances against appraised metal like every lender, but prices the result differently: at 9%–9.25%, each pledged gram costs less to carry here than at any NBFC counter.
That second figure is the one people search for, and it carries a caveat almost nobody states: <strong>the per-gram advance is not a fixed number</strong>. It falls as the pledge grows, because RBI caps loan-to-value in tiers by loan size — 85% up to ₹2.5 lakh, 80% up to ₹5 lakh and 75% above. So the same 22K bangle lends ₹11,635 as part of a 10-gram pledge and only ₹10,266 as part of a 100-gram one — a difference of ₹1,369 per gram for identical metal.
Canara Bank then applies its own scheme rules inside that ceiling. It lends from ₹10,000 to ₹35 lakh, over up to 12 months (renewable); agri variants longer, at an indicative 9%–9.25%. Holding cost follows the advance: each gram of 22K pledged meters roughly ₹87 to ₹90 a month in interest depending on the scheme.
Canara Bank gold loan amount for 1g, 5g, 10g, 20g, 50g and 100g
The ladder below runs today's 22K figure across the weights households actually pledge. Watch the effective per-gram column rather than the total: it falls as the loan crosses each tier.
| Gold (22K) | Value | LTV tier | Loan amount | Effective per gram | Interest/month | At Canara Bank? |
|---|---|---|---|---|---|---|
| 1 gram | ₹13,688 | 85% | ₹11,635 | ₹11,635 | ₹87–₹90 | Within limits |
| 5 grams | ₹68,440 | 85% | ₹58,174 | ₹11,635 | ₹436–₹448 | Within limits |
| 10 grams | ₹1,36,880 | 85% | ₹1,16,348 | ₹11,635 | ₹873–₹897 | Within limits |
| 20 grams | ₹2,73,760 | 85% | ₹2,32,696 | ₹11,635 | ₹1,745–₹1,794 | Within limits |
| 50 grams | ₹6,84,400 | 75% | ₹5,13,300 | ₹10,266 | ₹3,850–₹3,957 | Within limits |
| 100 grams | ₹13,68,800 | 75% | ₹10,26,600 | ₹10,266 | ₹7,700–₹7,913 | Within limits |
Interest column spans Canara Bank's 9%–9.25% scheme band. Figures assume clean 22K metal at the indicative reference; stones, solder and assessed purity reduce them at the counter.
The practical reading: up to about 21 grams of 22K you stay inside the 85% tier. Between roughly 21 and 45 grams you fall to 80%, and past about 45 grams the 75% cap binds. If your requirement sits near one of those lines, carrying slightly less gold can raise the proportion you are advanced — a counter-intuitive result worth checking before you empty the locker.
Canara Bank lends from ₹10,000, low enough that every weight in the table above is a real transaction here — which is not true at most bank counters, where small pledges are declined as uneconomic to process. Its ₹35 lakh ceiling is high enough that weight, not the lender, is your binding constraint.
Canara Bank gold loan per gram calculator
Canara Bank gold loan per gram calculator
Indicative, on the 2026-10-09 reference of ₹14,943/g (24k). RBI LTV tiers: 85% ≤₹2.5L, 80% ≤₹5L, 75% above. Lender schemes may advance less; stones/wastage count zero.
The figure that matters is yours, not the average. Set the grams and karat below and the tiered cap is applied automatically, including the step-down most published per-gram figures ignore.
Garbage in, disappointment out. The two inputs people get wrong are gross weight instead of net, and the karat on the receipt instead of the karat that tests.
Canara Bank gold loan interest rates →
Gold loan EMI calculator →
Today's gold rate, city-wise →
How Canara Bank calculates gold loan per gram
The calculation is not a secret, and knowing it is the only way to tell a fair appraisal from a poor one. Four steps, in this order.
- Net weight. The appraiser weighs the piece, then deducts everything that is not gold. A stone-set kundan piece can lose 20–40% of gross weight here; a plain chain loses almost nothing.
- Assessed purity. Purity is tested, not read off the stamp — touchstone and acid usually, sometimes XRF. A hallmarked 916 piece tests at 22K; older unhallmarked work often lands lower, and that judgement resets the calculation.
- Value at Canara Bank's internal rate. Net weight × purity factor × the lender's own per-gram rate — generally averaged over recent days rather than the day's spot, so a single-day spike does not inflate advances nor a dip deflate them.
- The LTV tier. Value × the tier the resulting loan falls into: 85%, 80% or 75%. This is regulatory, identical at every lender, and the reason the per-gram figure shrinks on larger pledges.
Worked through on a real pledge at Canara Bank: 32 grams of hallmarked 22K with 3 grams of stones. Net metal 29 grams, pure gold 29 × 0.916 = 26.6 grams, value at ₹14,943 per gram is about ₹3,96,946. That falls in the 80% tier, so the advance is roughly ₹3,17,557 — about ₹9,924 per gram of what you actually handed over, once the stones are accounted for.
That last number is the honest one. Per-gram figures quoted anywhere, including on this page, describe pure metal; the rate against <em>your jewellery as it is</em> will be lower in proportion to whatever is not gold in it.
Canara Bank gold loan per gram for 22K, 20K and 18K gold
Every karat below 24 is gold diluted with other metal, and lenders pay only for the gold. The table prices each purity at both the top and bottom LTV tiers.
| Purity | Value per gram | Per gram at 85% tier | Per gram at 75% tier | Accepted at Canara Bank? |
|---|---|---|---|---|
| 24K | ₹14,943 | ₹12,702 | ₹11,207 | Bank-issued coins only, quantity capped |
| 22K | ₹13,688 | ₹11,635 | ₹10,266 | Yes |
| 20K | ₹12,448 | ₹10,581 | ₹9,336 | Yes |
| 18K | ₹11,207 | ₹9,526 | ₹8,405 | Yes — Canara Bank's usual floor |
<strong>22K</strong> is the workhorse: most Indian jewellery is made at this purity, and the 916 hallmark is exactly this — 91.6% gold. <strong>20K</strong> appears in regional and older work. <strong>18K</strong> is generally the floor Canara Bank accepts, and it is common in studded and designer pieces — a double penalty, since those also carry the heaviest stone deductions.
<strong>24K</strong> is worth the most per gram but is the least useful collateral in practice: Canara Bank takes coins rather than jewellery or bars, usually only bank-issued ones, and caps the quantity. If your holding is 24K bars, expect to need a different instrument entirely.
Gold rate vs gold loan per gram: why they are not the same number
The gold rate is what a gram is worth. The per-gram advance is what it will borrow. At a PSU counter the gap is at its widest in rupees, because Canara Bank appraises conservatively before the regulatory cap is even applied — today a gram of 22K worth ₹13,688 lends ₹11,635 at best.
The two do move together, though, which has a consequence borrowers rarely use. Over the last 30 days the 24K reference has moved down by ₹386 per gram. Passed through purity and the top tier, that is roughly ₹301 per gram of change in borrowing power on 22K — meaning a pledge taken near the top of the market may be closer to its margin threshold than when it was written.
The asymmetry deserves attention: a rising price is an option you may exercise, a falling one is an obligation you cannot decline. Canara Bank can call for more collateral if its cover thins, regardless of your payment record. Our auction risk calculator shows the price at which the question would arise on your own pledge.
How much can Canara Bank lend against your gold?
Three ceilings apply at once and your loan is the smallest of them: the <strong>regulatory</strong> one (the LTV tier), the <strong>lender</strong> one (Canara Bank writes ₹10,000 to ₹35 lakh), and the <strong>practical</strong> one — how much gold you will genuinely leave in a vault for up to 12 months (renewable); agri variants longer.
The third is the one borrowers underweight. Because gold appreciates and the loan is secured, it is easy to pledge more than the need requires and roll it forward. 12-month base tenure means annual renewals like PNB
Eligibility itself is unusually simple: no income proof, no credit score, no employer category. KYC, ownership of what you pledge, and metal at or above the purity floor. That is the whole file, which is why gold lending reaches households that unsecured credit refuses outright.
What happens to the jewellery meanwhile: Sealed dual-custody packets in strongrooms, southern-network branches handling gold volumes daily — which shows in practiced appraisal and same-day release norms. Verify the packet seal and item count against your receipt at every renewal touchpoint.
A worked case from Canara Bank's own territory: A Mangaluru fishing-boat owner covering monsoon-ban months: gold OD drawn during the June–July lean, cleared when the season reopens and catches settle.
If the figure this page produces falls short of your need, the answer is usually a different instrument rather than more jewellery. Compare against personal loans, and if your credit file is the obstacle, the low CIBIL guides set out what each score band can realistically access.
Canara Bank per-gram advance with the interest column attached
| Purity | Max advance/g | Interest/g/mo @ 9% | @ 9.25% |
|---|---|---|---|
| 24k | ₹11,207 | ₹84 | ₹86 |
| 22k | ₹10,266 | ₹77 | ₹79 |
| 20k | ₹9,336 | ₹70 | ₹72 |
| 18k | ₹8,405 | ₹63 | ₹65 |
*Indicative national reference, updated 2026-10-09; 24k coins/bars face quantity limits at banks. Canara Bank's scheme LTVs may sit below the cap.
The gap between columns is the price of convenience at Canara Bank: on 40 grams of 22k (ceiling ≈ ₹4,10,640), floor-scheme interest runs ₹3,080/month against ₹3,160 on max-advance schemes. Same bangles, ₹80 of monthly difference.
From table to counter at Canara Bank
At Canara Bank, per-gram generosity and rate move inversely across schemes: the counter quoting nearest this table's maximum is also quoting nearest 9.25%. Say what you actually need and let the scheme fit it.
Scheme flavour to expect at this counter: Canara Swarna (retail) — The standard consumption gold loan — low entry threshold (₹10,000) that keeps small-ticket household borrowing inside bank pricing instead of pawn-shop pricing.
If your need is under ₹2.5 lakh, the 2026 tiering works for you — up to 85% LTV there (80% to ₹5 lakh), versus the 75% governing bigger pledges. Worth raising at Canara Bank's counter on small tickets; irrelevant above ₹5 lakh.
Canara Bank गोल्ड लोन — हिंदी में जानकारी
आज Canara Bank से 22 कैरेट सोने पर अधिकतम लगभग ₹11,635 प्रति ग्राम तक कर्ज मिल सकता है, पर यह आँकड़ा गिरवी के वजन के साथ बदलता है। नीचे वही सवाल हैं जो शाखा जाने से पहले साफ होने चाहिए।
Canara Bank गोल्ड लोन प्रति ग्राम — अक्सर पूछे जाने वाले सवाल
Canara Bank एक ग्राम सोने पर कितना लोन देता है?
10 ग्राम और 50 ग्राम सोने पर Canara Bank से कितना लोन मिलेगा?
22 कैरेट, 20 कैरेट और 18 कैरेट सोने पर कितना-कितना लोन मिलता है?
सोने का भाव और गोल्ड लोन प्रति ग्राम — दोनों में क्या फर्क है?
शाखा में मिलने वाली रकम कैलकुलेटर से कम क्यों निकलती है?
Canara Bank gold loan — FAQs
How much does Canara Bank give per gram of 22k gold today?
Why did the appraiser value my jewellery lower than this page?
Does the per-gram rate change daily at Canara Bank?
Can I get more than 75% of my gold's value as a loan?
Weighing Canara Bank against other options?
A soft-check eligibility scan puts real personal-loan numbers beside the pledge.