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

Today's numbers first (2026-09-01): 24k references ₹11840/g, so 22k pledges ceiling near ₹8,134/gram under the 75% cap. Union Bank quotes at or under that per scheme, on a 8.65%–9.9% rate board — the tables below price both sides.

Everything here is indicative, published for comparison — BankCreds lends nothing; verify live rates, charges and eligibility with the lender before acting.

Gram-level math for Union Bank: advance and carrying cost

Purity	Max advance/g	Interest/g/mo @ 8.65%	@ 9.9%
24k	₹8,880	₹64	₹73
22k	₹8,134	₹59	₹67
20k	₹7,397	₹53	₹61
18k	₹6,660	₹48	₹55

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

Union Bank's appraiser will land under these ceilings once stones and assessed purity speak — but the interest columns travel intact: whatever advance prints, the 8.65%–9.9% band converts it to ₹59–₹67 per gram per month.

How Union Bank's scheme board maps onto these numbers

Treat ₹8,134/g as the ceiling Union 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 Union Gold Loan (retail). Consumption-purpose pledge lending with EMI and bullet options; floor pricing among the sharpest published by any bank.

Small-ticket exception worth knowing: under RBI's 2026 directions, consumption loans up to ₹2.5 lakh may go to 85% LTV (80% up to ₹5 lakh) — so modest pledges at Union Bank can legitimately beat this table's 75% figures. Above ₹5 lakh, the cap binds everywhere.

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Union Bank gold loan — FAQs

How much does Union Bank give per gram of 22k gold today?

Start from ₹8,134/g — the 22k maximum today's cap allows — then let Union Bank's scheme LTV (priced 8.65%–9.9%) and the assay adjust downward. Ten clean grams ceiling near ₹81,340, carrying ₹627 of monthly interest at the mid-scheme; stones and lower purity take it from there.

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 Union Bank?

Daily, in practice: each morning's bullion price becomes each counter's per-gram sheet, and this page's reference re-stamps with it (currently 2026-09-01). The pleasant corollary of a rising month — your already-pledged gold may support a top-up without fresh ornaments; asking costs nothing.

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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