South Indian Bank Gold Loan Per Gram Today, 10 October 2026: How Much Loan for 1 Gram of Gold?
South Indian Bank can advance up to about ₹10,266 per gram of 22k on today's ₹14943/g reference (updated 2026-10-09, 75% regulatory cap) — and this page attaches the number that matters beside it: what each gram costs monthly across the 9%–10.5% scheme band.
Everything here is indicative, published for comparison — BankCreds lends nothing; verify live rates, charges and eligibility with the lender before acting.
On this page — jump to a section
South Indian 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 South Indian Bank on a small pledge.
South Indian Bank accepts pledges from ₹10,000 to ₹50 lakh, which is a wider practical range than most PSU counters — and the per-gram ceiling below applies identically across all of it.
Published per-gram figures, this page's included, hide something: <strong>the advance per gram is not constant</strong>. Larger pledges get proportionally less, 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.
South Indian Bank then applies its own scheme rules inside that ceiling. It lends from ₹10,000 to ₹50 lakh, over up to 12 months (renewable), at an indicative 9%–10.5%. Holding cost follows the advance: each gram of 22K pledged meters roughly ₹87 to ₹102 a month in interest depending on the scheme.
South Indian Bank gold loan amount for 1g, 5g, 10g, 20g, 50g and 100g
Six common pledge weights, priced at today's 22K reference. The column worth reading is the per-gram one — it is not constant, which is the single most misunderstood thing about gold lending.
| Gold (22K) | Value | LTV tier | Loan amount | Effective per gram | Interest/month | At South Indian Bank? |
|---|---|---|---|---|---|---|
| 1 gram | ₹13,688 | 85% | ₹11,635 | ₹11,635 | ₹87–₹102 | Within limits |
| 5 grams | ₹68,440 | 85% | ₹58,174 | ₹11,635 | ₹436–₹509 | Within limits |
| 10 grams | ₹1,36,880 | 85% | ₹1,16,348 | ₹11,635 | ₹873–₹1,018 | Within limits |
| 20 grams | ₹2,73,760 | 85% | ₹2,32,696 | ₹11,635 | ₹1,745–₹2,036 | Within limits |
| 50 grams | ₹6,84,400 | 75% | ₹5,13,300 | ₹10,266 | ₹3,850–₹4,491 | Within limits |
| 100 grams | ₹13,68,800 | 75% | ₹10,26,600 | ₹10,266 | ₹7,700–₹8,983 | Within limits |
Interest column spans South Indian Bank's 9%–10.5% 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.
South Indian 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 ₹50 lakh ceiling is high enough that weight, not the lender, is your binding constraint.
South Indian Bank gold loan per gram calculator
South Indian 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.
Two inputs, one answer: weight and purity in, maximum advance at South Indian Bank out — with the regulatory tier chosen by the size of the resulting loan rather than by you.
For a figure you can trust, subtract stone weight first and be pessimistic about purity on anything without a hallmark — those are precisely the two places South Indian Bank's appraiser will be.
South Indian Bank gold loan interest rates →
Gold loan EMI calculator →
Today's gold rate, city-wise →
How South Indian Bank calculates gold loan per gram
Between the jewellery you hand over and the amount South Indian Bank writes, four things happen. Only the last is regulatory; the first three are judgement.
- Net weight. What goes on the scale is not what counts. Solder, settings and stones are deducted, and for heavily worked pieces that deduction is the largest number in the whole calculation.
- Assessed purity. The karat that matters is the measured one. Hallmarked pieces pass predictably, older work does not always, and there is no appeal from the appraiser's reading at the counter.
- Value at South Indian Bank's internal rate. Multiply the pure gold content by South Indian Bank's internal rate for the day. That rate tracks bullion but is deliberately smoothed, which is why it rarely matches the headline price exactly.
- 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 South Indian Bank: 18 grams of hallmarked 22K with 1 gram of stones. Net metal 17 grams, pure gold 17 × 0.916 = 15.6 grams, value at ₹14,943 per gram is about ₹2,32,692. That falls in the 85% tier, so the advance is roughly ₹1,97,788 — about ₹10,988 per gram of what you actually handed over, once the stones are accounted for.
Note the difference between the two per-gram figures above: one against pure content, one against the ornament you actually carried in. The second is what your loan divides by, and it is always the smaller.
South Indian Bank gold loan per gram for 22K, 20K and 18K gold
What your jewellery is made of decides the advance as much as what it weighs. Here is the per-gram figure at each purity South Indian Bank will accept.
| Purity | Value per gram | Per gram at 85% tier | Per gram at 75% tier | Accepted at South Indian 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 — South Indian Bank's usual floor |
Nearly every Indian ornament you might pledge at South Indian Bank is <strong>22K</strong>, which is what a 916 hallmark certifies. Below that, <strong>20K</strong> turns up in older and regional work and <strong>18K</strong> mostly in studded designs — where the lower purity and the stone deduction compound against you.
<strong>24K</strong> is worth the most per gram but is the least useful collateral in practice: South Indian 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
South Indian Bank advances a capped share of what your gold is worth, not the whole of it. Today that is ₹11,635 against ₹13,688 of 22K value — and the cushion exists because gold is repriced every morning.
Because the advance is a fraction of price, it inherits every price move. The last 30 days have taken 24K down ₹386 a gram, which works through to about ₹301 a gram of 22K borrowing power — meaning a pledge taken near the top of the market may be closer to its margin threshold than when it was written.
This cuts both ways, and the unpleasant direction is the one to size for. Borrow at the ceiling and a modest price fall puts you in margin-call territory at South Indian Bank; borrow below it and the same fall is a non-event. Our auction risk calculator shows the price at which the question would arise on your own pledge.
How much can South Indian Bank lend against your gold?
Your maximum is whichever binds first: RBI's tier, South Indian Bank's own ₹10,000–₹50 lakh range, or the amount of jewellery you are actually prepared to part with. For most households it is the third.
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. Geographic concentration — outside the south, barely present
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: Traditional gold-belt custody: sealed dual-control packets, counter-side appraisal, same-day release rhythms. The tight rate band extends to fees — SIB’s schedules run refreshingly free of gotchas, which is itself a reason risk-averse households choose it.
A worked case from South Indian Bank's own territory: A Coimbatore textile-shop owner’s Aadi-sale stocking loan: ₹5 lakh in July against family gold, cleared in September, repeated annually like inventory itself.
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.
The South Indian Bank gram table: ceiling, and the monthly meter on it
| Purity | Max advance/g | Interest/g/mo @ 9% | @ 10.5% |
|---|---|---|---|
| 24k | ₹11,207 | ₹84 | ₹98 |
| 22k | ₹10,266 | ₹77 | ₹90 |
| 20k | ₹9,336 | ₹70 | ₹82 |
| 18k | ₹8,405 | ₹63 | ₹74 |
*Indicative national reference, updated 2026-10-09; 24k coins/bars face quantity limits at banks. South Indian Bank's scheme LTVs may sit below the cap.
Grams convert to rupees twice here: once as South Indian Bank's advance (≈₹10,266/g for 22k today) and monthly as interest — ₹77 to ₹90 per gram depending on scheme. Multiply by your lot before the counter does.
What changes between this page and South Indian Bank's branch
Treat ₹10,266/g as the ceiling South Indian Bank 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 SIB Gold Loan. Straightforward Kerala-style pledge lending in a tight band — few surprises, brisk counters, honest slabs.
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 ₹10,000-sized loan at South Indian Bank can out-advance this 75% table. Larger tickets live under the cap, no exceptions.
South Indian Bank गोल्ड लोन — हिंदी में जानकारी
आज South Indian 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।
South Indian Bank गोल्ड लोन प्रति ग्राम — अक्सर पूछे जाने वाले सवाल
South Indian Bank एक ग्राम सोने पर कितना लोन देता है?
10 ग्राम और 50 ग्राम सोने पर South Indian 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?
South Indian Bank gold loan — FAQs
How much does South Indian 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 South Indian Bank?
Can I get more than 75% of my gold's value as a loan?
Is South Indian Bank's counter your best move?
See personal-loan offers you'd actually qualify for — soft check, two minutes.