Gold Loan Rate Today – Gold Loan Per Gram Rate in India
Updated 2026-10-10
Today's indicative 24k reference is ₹14943/gram, putting the
22-carat gold loan per gram at up to ₹11,635 on
small loans (85% LTV) and ₹10,266 at the 75% cap. Below:
per-gram tables by purity, a live gold loan calculator, an 18-lender rate comparison, the 30-day trend with
analysis, and a grams-to-loan table from 1g to 100g — all indicative; the branch appraisal and your Key Fact
Statement carry the binding numbers.
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.
Gold Loan Rate Per Gram Today
The gold loan rate per gram today follows one formula everywhere: the market reference price, cut by purity, capped by RBI's loan-to-value tiers. On 2026-10-10's reference of ₹14943/gram for 24k, a gram of 22-carat jewellery carries ₹13,688 of lendable value — and the regulation then allows up to 85% of that on loans below ₹2.5 lakh, 80% up to ₹5 lakh, and 75% beyond. That is why "per gram" quotes differ by loan size as well as purity, and why the table below shows the honest range rather than one inflated headline number. Lender schemes may advance less than these ceilings; none may exceed them.
Advance per gram, by purity
| Purity | Value/g | Max/g (85%) | At 75% |
|---|---|---|---|
| 24k | ₹14,943 | ₹12,702 | ₹11,207 |
| 22k | ₹13,688 | ₹11,635 | ₹10,266 |
| 20k | ₹12,448 | ₹10,581 | ₹9,336 |
| 18k | ₹11,207 | ₹9,526 | ₹8,405 |
85% applies to loans ≤₹2.5 lakh; 80% to ₹5 lakh; 75% above (RBI 2026 tiers).
30-day price trend (24k ₹/g)
City references (24k ₹/g)
| Delhi | ₹14958 |
| Mumbai | ₹14943 |
| Chennai | ₹15033 |
| Kolkata | ₹14948 |
| Bengaluru | ₹14993 |
| Hyderabad | ₹14993 |
Local taxes and jeweller premia vary; lenders appraise on their own daily sheets, often a 30-day average.
₹1 lakh gold loan requires how much gold?
About 8.6 grams of 22-carat jewellery — or 7.9 grams of 24k coins and bars — is how much gold is required for a ₹1 lakh loan at today's prices. The arithmetic: at the 1 gram gold loan rate today, each gram of 22k carries ₹13,688 of appraised value, and the 85% LTV tier for loans under ₹2.5 lakh advances up to ₹11,635 against it. Divide ₹1,00,000 by that per-gram advance and the gram requirement falls out. The same logic answers "how much loan for 1 gram gold" in reverse — one clean 22k gram raises up to ₹11,635 today.
Scale it naturally: a loan against 10 gram gold (22k) reaches about ₹1,16,348, twenty grams roughly ₹2,32,696, and the full grams-to-loan ladder from 1g to 100g sits in the table below. Two practical notes before the branch visit: the 22 carat gold loan per gram figure applies to net gold weight — stones, lac and wastage are deducted at appraisal — and pledging 15–20% more weight than the minimum keeps your LTV comfortably under the cap, so ordinary price dips never turn into top-up phone calls.
Use the gold loan calculator alongside to run any target: set the amount you need and it returns the grams required at your purity, using today's ₹14943/g reference and the correct RBI tier — or flip it to eligibility mode on our gold loan eligibility calculator to start from the grams you hold. For repayment planning, the gold loan EMI calculator prices the monthly side of whatever the pledge raises.
Gold loan calculator: grams needed for your target
Indicative, on the 2026-10-10 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.
Uses today's reference and RBI's tiered LTV (85% ≤₹2.5L, 80% ≤₹5L, 75% above). Branch appraisal of net weight and purity sets the binding figure.
How much can I get? Gold loan by grams (1g – 100g)
The ladder below converts 22-carat jewellery weight into today's approximate maximum loan, applying the correct RBI LTV tier at each size — which is why the advance rate quietly steps down as amounts cross ₹2.5 lakh (85% → 80%) and ₹5 lakh (80% → 75%). Figures assume clean, stone-free 22k at today's ₹14943/g 24k reference; 24k coins raise about 9% more per gram, 18k pieces about 18% less.
| Gold (22k) | Appraised value | LTV tier | Approx. max loan |
|---|---|---|---|
| 1 gram | ₹13,688 | 85% | ₹11,635 |
| 2 grams | ₹27,376 | 85% | ₹23,270 |
| 5 grams | ₹68,440 | 85% | ₹58,174 |
| 8 grams | ₹1,09,504 | 85% | ₹93,078 |
| 10 grams | ₹1,36,880 | 85% | ₹1,16,348 |
| 15 grams | ₹2,05,320 | 85% | ₹1,74,522 |
| 20 grams | ₹2,73,760 | 85% | ₹2,32,696 |
| 25 grams | ₹3,42,200 | 80% | ₹2,73,760 |
| 30 grams | ₹4,10,640 | 80% | ₹3,28,512 |
| 40 grams | ₹5,47,520 | 80% | ₹4,38,016 |
| 50 grams | ₹6,84,400 | 75% | ₹5,13,300 |
| 60 grams | ₹8,21,280 | 75% | ₹6,15,960 |
| 80 grams | ₹10,95,040 | 75% | ₹8,21,280 |
| 100 grams | ₹13,68,800 | 75% | ₹10,26,600 |
Indicative ceilings on the 2026-10-10 reference — lender schemes may advance less; net weight and assayed purity decide the branch figure. Coins are typically capped at 50 grams per borrower at banks.
Gold loan interest rates today: 18 lenders compared
Per-gram ceilings are regulatory and identical everywhere; interest rates are where lenders genuinely compete — and the spread is enormous. Today's indicative boards run from 8.65% at PSU floors to 27% on NBFC convenience schemes: on a ₹1 lakh pledge that is the difference between ₹721 and ₹2,250 of monthly interest for identical gold. Each lender links to its full guide, rate-slab breakdown and per-gram page.
| Lender | Interest rate | Indicative loan range | Processing fee | Tenure | Pages |
|---|---|---|---|---|---|
| Union Bank | 8.65%–9.9% p.a. | ₹10,000 – ₹30 lakh | up to 0.5% + valuation | up to 12 months retail; longer agri | Guide · Rates · Per-gram |
| SBI | 8.75%–9.6% p.a. | ₹20,000 – ₹50 lakh | 0.25–0.5% (min ₹250; campaigns waive) | up to 36 months (scheme-wise) | Guide · Rates · Per-gram |
| PNB | 8.75%–9.25% p.a. | ₹25,000 – ₹25 lakh | 0.30% + valuation charges | up to 12 months (renewable) | Guide · Rates · Per-gram |
| Indian Bank | 8.8%–9.5% p.a. | ₹25,000 – ₹35 lakh | 0.3–0.5% + appraiser fee | up to 12 months; 35-month EMI variants | Guide · Rates · Per-gram |
| Federal Bank | 8.99%–13% p.a. | ₹5,000 – ₹1.5 crore | nil–0.5% by scheme | 6–12 months standard (renewable) | Guide · Rates · Per-gram |
| Bank of Baroda | 9%–9.4% p.a. | ₹25,000 – ₹50 lakh | 0.25–0.5% + appraiser charges | up to 36 months | Guide · Rates · Per-gram |
| Canara Bank | 9%–9.25% p.a. | ₹10,000 – ₹35 lakh | nil to 0.5% by scheme + appraiser fee | up to 12 months (renewable); agri variants longer | Guide · Rates · Per-gram |
| Kotak Mahindra Bank | 9%–24% p.a. | ₹20,000 – ₹50 lakh | up to 2% | up to 48 months (structure-dependent) | Guide · Rates · Per-gram |
| South Indian Bank | 9%–10.5% p.a. | ₹10,000 – ₹50 lakh | nominal + appraiser fee | up to 12 months (renewable) | Guide · Rates · Per-gram |
| ICICI Bank | 9.25%–18% p.a. | ₹50,000 – ₹1 crore (select branches) | up to 1% + valuation | 6–12 months (renewable) | Guide · Rates · Per-gram |
| Karur Vysya Bank | 9.25%–11% p.a. | ₹10,000 – ₹50 lakh | nominal, scheme-wise | up to 12 months (renewable) | Guide · Rates · Per-gram |
| HDFC Bank | 9.3%–17.9% p.a. | ₹25,000 – ₹1 crore+ (relationship-led at the top) | up to 1% (min ₹500) | 3–42 months | Guide · Rates · Per-gram |
| Axis Bank | 9.5%–17% p.a. | ₹25,001 – ₹40 lakh | 0.5–1% + valuation | 3–36 months | Guide · Rates · Per-gram |
| Bajaj Finance | 9.5%–26% p.a. | ₹5,000 – ₹2 crore stated | nil to nominal in campaigns | up to 12 months (renewable) | Guide · Rates · Per-gram |
| CSB Bank | 9.7%–13% p.a. | ₹10,000 – ₹75 lakh | scheme-based, modest | 3–12 months | Guide · Rates · Per-gram |
| Manappuram Finance | 9.9%–26% p.a. | ₹1,000 – ₹1.5 crore stated capability | nil to nominal by scheme | 3–12 months typical; short-cycle schemes | Guide · Rates · Per-gram |
| Muthoot Finance | 10.9%–26% p.a. | ₹1,500 – no stated ceiling (₹1 crore+ handled) | nil to nominal; scheme-defined | 7 days to 36 months by scheme | Guide · Rates · Per-gram |
| IIFL Finance | 11%–27% p.a. | ₹3,000 – ₹50 lakh+ | scheme-based; doorstep service priced in | 3–24 months | Guide · Rates · Per-gram |
Rates and charges are indicative, compiled from public grids; the Key Fact Statement at sanction is binding. BankCreds is not a lender.
Reading the table like a borrower: the floor rates belong to conservative schemes — lower LTV, shorter tenure, often bank customers — while ceilings price maximum-advance convenience. PSU banks (Union Bank and peers) win on pure cost but move at bank pace; gold-belt private banks blend near-PSU pricing with practiced same-day speed; NBFC specialists convert gold to cash in twenty minutes at a real premium. For loans beyond a year, the rate gap compounds into thousands — for a genuine one-week bridge, speed can rationally win.
The negotiation that works: gold-loan pricing is scheme-driven, so ask the counter for the lower-LTV scheme rather than a discount — drawing 60–65% of value instead of the cap routinely earns a visibly better rate at the same lender. And because refinancing a pledge is routine (settle, release, re-pledge the same day), the table above stays useful after you borrow: a multi-point gap against your current lender is worth the switch; a fraction is not.
Why did today's gold loan rate change?
Today's reference held flat at ₹14943/g against yesterday , and the per-gram advance moved with it — every rupee of 24k price change shifts the 22k advance by about ₹0.78 at the 85% tier. Over the past month the reference has fallen ₹251/g (-1.7%), from ₹15194 to ₹14943, within a 30-day band of ₹14765–₹15373. A softening month trims pledge eligibility: the same jewellery raises slightly less than four weeks ago, and borrowers near their LTV cap should watch the buffer — our auction-risk calculator stress-tests exactly that.
What actually moves the number: international gold prices (dollar bullion responds to US rates, inflation data and geopolitical risk — the largest driver by far), the rupee (a weaker rupee raises the landed price of the same dollar gold, so INR gold can climb even when global gold is flat), import duty and local taxes (step changes in duty reprice the whole Indian market overnight), and domestic demand seasons (festival and wedding quarters put a premium on physical gold). Lender advance sheets absorb all of this through the reference price — most apply a 30-day average per RBI guidance, which is why per-gram quotes lag sharp spot moves in both directions.
For borrowers, the practical readings: on the way up, your gold buys a bigger loan and existing pledges gain safety margin; on the way down, buffers compress — which is precisely why this page and every guide on this site recommend borrowing 15–20% below your maximum. Interest rates, by contrast, move on a different clock entirely: they track lenders' cost of funds and the repo cycle, not the daily gold price, which is why the table above changes rarely while the per-gram figures change every day.
From today's rate to actual cash: how the pledge works
The per-gram tables set expectations; the branch visit sets the number. The appraiser weighs each piece, tests purity (hallmarked 22k reads fastest; older pieces go to touchstone or XRF assay), deducts stones and wastage, and multiplies net gold weight by the lender's daily sheet and the scheme's LTV. Same-day disbursal is the norm — minutes at NBFC counters, hours at banks — with no income proof or CIBIL minimum, because the ornaments are the underwriting. The loan still reports to the credit bureaus, so clean repayment quietly builds your file.
Costs beyond interest stay small but real: appraisal charges, modest processing (see the lender table), stamp duty, and renewal fees at rollover — all disclosed on the mandatory Key Fact Statement before you accept, never collected before disbursal. Repayment structure moves total cost more than most rate differences: EMI schemes cost the least interest, interest-serviced schemes keep the balance frozen, and pure bullet schemes compound against you while eating your LTV headroom — our repayment comparison calculator prices all three side by side, and the auction-risk calculator shows how much price-fall cushion any structure leaves your pledge.
And the safety frame, once, plainly: regulated lenders hold pledges in insured dual-custody packets; a price fall triggers a top-up conversation, not a seizure; and auctions require notices, cure windows and reserve-priced public sale with any surplus refunded. The pledge receipt listing each item's weight and purity is your claim ticket — photograph the ornaments, verify the receipt, check the seals at release. Managed this way, a gold loan is what today's numbers suggest: the fastest, cheapest secured credit most Indian households can reach.
Gold loan rate today — FAQs
What is the gold loan rate today?
What is the gold loan rate per gram today?
How much loan can I get for 1 gram of gold?
How much loan can I get for 10 grams of 22K gold?
What is the gold loan rate for 22 carat gold today?
Which bank gives the highest gold loan per gram?
Which bank offers the lowest gold loan interest rate?
Does gold loan value change every day?
Is gold price and gold loan per gram the same?
How is gold loan per gram calculated?
How much gold is required for a ₹1 lakh loan?
Does gold purity affect gold loan value?
Comparing gold against other credit?
See personal-loan offers you'd actually qualify for — soft check, two minutes.