SBI Gold Loan Per Gram: Purity-Wise Advance on Today's Price

SBI can advance up to about ₹8,134 per gram of 22k on today's ₹11840/g reference (updated 2026-09-01, 75% regulatory cap) — and this page attaches the number that matters beside it: what each gram costs monthly across the 8.75%–9.6% scheme band.

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.

Gram-level math for SBI: advance and carrying cost

PurityMax advance/gInterest/g/mo @ 8.75%@ 9.6%
24k ₹8,880 ₹65 ₹71
22k ₹8,134 ₹59 ₹65
20k ₹7,397 ₹54 ₹59
18k ₹6,660 ₹49 ₹53

*Indicative national reference, updated 2026-09-01; 24k coins/bars face quantity limits at banks. SBI's scheme LTVs may sit below the cap.

SBI's appraiser will land under these ceilings once stones and assessed purity speak — but the interest columns travel intact: whatever advance prints, the 8.75%–9.6% band converts it to ₹59–₹65 per gram per month.

What changes between this page and SBI's branch

Treat ₹8,134/g as the ceiling SBI prices down from, not a promise it prices at — scheme LTVs, assessed purity and stone deductions all pull the printed number lower, while your scheme choice sets the rate meter beside it.

Worth knowing before you go: the board leads with SBI Personal Gold Loan. The standard EMI-style product: pledge, disburse, repay monthly. Suits salaried borrowers who want gold-loan pricing with personal-loan discipline.

One tier favours small borrowers: RBI's 2026 rules let ≤₹2.5 lakh consumption pledges reach 85% LTV and ≤₹5 lakh reach 80% — meaning a ₹20,000-sized loan at SBI can out-advance this 75% table. Larger tickets live under the cap, no exceptions.

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SBI gold loan — FAQs

How much does SBI give per gram of 22k gold today?
Roughly ₹8,134 per gram of 22k is today's regulatory ceiling (₹11840/g reference × 0.916 × 75%), and holding it at SBI's 8.75% floor costs about ₹59/g monthly. What prints on your receipt lands at or under the ceiling, shaped by scheme and the purity the appraiser certifies.
Why did the appraiser value my jewellery lower than this page?
Three honest reasons: purity below the hallmark's claim (verified by assay, not stamps), deductions for stones/attachments (only gold content lends), and lender scheme LTVs below the regulatory cap. The per-gram tables here show the arithmetic ceiling at 75% LTV — the branch's net-weight × assessed-purity × scheme-LTV is your real number.
Does the per-gram rate change daily at SBI?
Yes — the advance is a derivative of the metal: SBI refreshes per-gram guidance with the day's price, so a quote from last week is a memory, not an offer. Price run-ups work for existing borrowers too; several lenders will re-appraise a live pledge upward on request.
Can I get more than 75% of my gold's value as a loan?
The cap tiers by size, so modest pledges genuinely can beat this table: ≤₹2.5 lakh may reach 85%, ≤₹5 lakh 80%, beyond that 75% is the wall. Nothing regulated lends past those lines; treat any offer that claims to as the red flag it is.
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Disclaimer: BankCreds.com is a loan comparison platform and does not directly lend, disburse, or provide any financial products. We aggregate and display loan offers from RBI-registered banks and NBFCs to help you make an informed decision. All loan applications are processed directly by the respective lender. Interest rates, charges, eligibility, and terms shown are indicative and subject to the lender's final assessment. Please read the lender's terms and conditions carefully before applying.