Gold Loan Rate per Gram Today: Amount per Gram and Interest Rates

The most a lender can lend on 1 gram of 22-carat gold today is about ₹11,863, which is 85% of the IBJA rate of ₹13,956 on 16 September 2026, for loans up to ₹2.5 lakh. For larger loans the RBI cap drops to 80% (about ₹11,165 a gram) and then 75% (about ₹10,467 a gram). Many lenders offer less.

Gold loan rate per gram today: key facts

Gold prices change twice each trading day. Our gold rate today page carries the IBJA fix with its date and session.

Gold loan amount per gram under the RBI rules

The Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025 apply to banks and NBFCs from 1 April 2026. They replaced the old flat 75% cap with a tiered one for consumption loans.

These are ceilings. Each lender sets its own LTV within them, and many stay below. Bank of Baroda’s gold loan calculator, for example, offers LTV options of 65%, 70%, 75% and 80%.

How lenders value your gold

Under the RBI Directions, a lender values gold at the lower of two IBJA (or SEBI-regulated commodity exchange) prices:

• the average closing price of the previous 30 days, or
• the closing price of the previous day.

The price is for 22-carat gold, adjusted for the actual purity of your jewellery. An 18-carat piece is valued lower than a 22-carat piece of the same weight. Stones and making charges do not add to the value.

Some banks publish their own per-gram figure. Canara Bank values 22-carat gold at ₹13,820 a gram from 16 September 2026, so its 85% ceiling works out to ₹11,747 a gram.

Gold loan interest rates at major lenders

NBFCs often quote a monthly rate. A rate of 1% a month equals 12% a year before compounding. Banks’ “charged” ranges show what borrowers actually paid in that quarter, so your rate can sit anywhere inside them.

How to work out your gold loan amount

1. Weigh your jewellery and note its purity from the hallmark (22K916, 18K750 and so on).
2. Take the day’s 22-carat rate from the IBJA fix, or the lender’s own per-gram value if it publishes one.
3. Adjust for purity: an 18-carat piece is worth about 750/916 of the 22-carat rate.
4. Multiply by the LTV for your loan size: 85%, 80% or 75%.
5. For a bullet loan, leave room for the interest. At 9.15% for 12 months, 10 grams of 22-carat gold supports a loan of about ₹1,08,685 rather than ₹1,18,629, because the amount due at maturity must stay within 85%.
6. Check the lender’s processing and valuation fees, which reduce what you receive.

Example on ₹50,000. At SBI’s 10.10% EMI rate over 12 months, you pay ₹4,398 a month and ₹2,777 in total interest. Try other amounts in the EMI calculator.

Charges and your rights as a borrower

If the lender does not reply within 30 days, or you are unhappy with its reply, you can complain to the RBI Ombudsman under the Integrated Ombudsman Scheme, 2026. File within 90 days of the 30 days running out or of the lender’s last reply, whichever is later.

Frequently asked questions

What is the gold loan rate per gram today?

Up to about ₹11,863 a gram of 22-carat gold for loans up to ₹2.5 lakh, based on the IBJA rate of ₹13,956 on 16 September 2026. Lenders may offer less.

How much gold loan can I get on 10 grams?

Up to about ₹1,18,629 on 10 grams of 22-carat gold at 85% LTV. A 12-month bullet loan will be lower, since the interest due is counted.

What is the maximum gold loan amount?

The RBI caps LTV at 75% above ₹5 lakh. Individual lenders set their own limits; SBI’s personal gold loan goes up to ₹1 crore.

What is the current gold loan interest rate?

SBI charges 9.15% to 10.10%, and Canara Bank’s Swarna loans are at 8.95%. HDFC Bank and ICICI Bank charged between 9% and 19% in their latest disclosed quarters.

What is a gold loan interest rate per month?

Divide the annual rate by 12. A 9% annual rate is 0.75% a month; 12% is 1% a month.

Is the gold loan rate the same in Delhi and other cities?

Yes. Lenders value gold on the national IBJA price, so the per-gram value does not change by city. See the gold rate in Delhi for the local jewellery price. Interest rates depend on the lender and scheme.

How much interest will I pay on a ₹50,000 gold loan?

At 9.15% for a 12-month bullet loan, about ₹4,575 in simple interest. On a 12-month EMI loan at 10.10%, total interest is ₹2,777.

Sources

• Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025 — Reserve Bank of India (checked 17 Sep 2026)
• Daily gold and silver rates — India Bullion and Jewellers Association (checked 17 Sep 2026)
• Personal gold loans — State Bank of India (checked 17 Sep 2026)
• Value per gram of 22 karat gold for LTV — Canara Bank (checked 17 Sep 2026)
• Loans interest rates — Canara Bank (checked 17 Sep 2026)
• Gold loan interest rate and charges — ICICI Bank (checked 17 Sep 2026)
• Gold loan rate of interest — HDFC Bank (checked 17 Sep 2026)
• Gold loan eligibility calculator — Bank of Baroda (checked 17 Sep 2026)
• Integrated Ombudsman Scheme, 2026 FAQs — Reserve Bank of India (checked 17 Sep 2026)