Indian Bank Gold Loan Per Gram 2026: Loan Amount and Rates

Indian Bank lends up to 70% of the market value of your gold jewellery, or its own per-gram advance value, whichever is lower. At the IBJA 22 carat closing rate of ₹13,956 a gram on 16 September 2026, that works out to at most about ₹9,769 a gram. Jewel loan interest runs from 8.75% to 9.00% a year.

Key facts

Indian Bank gold loan per gram in 2026

Indian Bank does not publish a single per-gram loan figure online. Your amount depends on two numbers: the bank’s internal per-gram advance value and 70% of the gold’s market value. The bank lends the lower of the two.

Under the RBI’s gold lending directions, which apply from 1 April 2026, lenders value gold at the lower of two prices: the 30-day average closing price, or the previous day’s closing price. The price must come from the India Bullion and Jewellers Association (IBJA) or a SEBI-regulated commodity exchange. Only the net weight of gold counts, after stones and other material are removed.

The table applies the 16 September 2026 IBJA closing rates. Treat these as ceilings, since the bank’s own per-gram value may be lower.

Gold prices move daily. Check today’s rate on our gold rate today page before you visit the branch.

Indian Bank gold loan interest rates

The MSME rate is linked to the RBI repo rate of 5.25%, so it can change after the RBI’s 5–7 October 2026 meeting. Compare with other lenders on our gold loan interest rates page.

Agri gold loan per gram

Indian Bank’s Kisan Gold Backed Farm Credit covers allied activities such as inland fisheries, sheep or goat rearing and layer farming. The limit is based on the scale of finance for the activity plus 20% for household needs. The gold pledged must cover at least 115% to 120% of the loan, depending on the product. On that basis the loan can be at most about 83% to 87% of the gold’s value, still subject to the RBI’s LTV caps.

Loans above ₹2.5 lakh need proof of the agricultural activity.

RBI limits that apply to every gold loan

Indian Bank’s 70% ceiling is below these RBI caps.

How to apply for an Indian Bank jewel loan

1. Open a savings account with Indian Bank if you do not have one.
2. Book a branch visit on the bank’s Jewel Loan Request page, and say if you already bank with Indian Bank.
3. Carry your gold, identity proof and address proof, such as Aadhaar, PAN, passport, voter ID or driving licence.
4. Let the branch appraiser test the purity and weigh the gold, net of stones.
5. Choose bullet repayment (3, 6 or 12 months) or monthly EMIs (up to 35 months).
6. Sign the loan documents and collect the amount in your account.

Work out monthly instalments with the EMI calculator.

Frequently asked questions

What is the Indian Bank gold loan per gram in 2026?

Indian Bank lends up to 70% of market value or its per-gram advance value, whichever is lower. At the 16 September 2026 IBJA 22 carat rate, 70% is about ₹9,769 a gram.

What is the Indian Bank gold 1 gram rate today?

The bank does not publish a gold price. The IBJA benchmark closed at ₹13,956 a gram for 22 carat and ₹15,236 for 24 carat on 16 September 2026.

How much gold loan will I get for 8 grams in Indian Bank?

At most about ₹78,154 for 8 grams of 22 carat gold, based on 70% of the 16 September 2026 IBJA rate. The branch may offer less if its per-gram advance value is lower.

What is the Indian Bank jewel loan interest rate?

The non-priority Jewel Loan carries 8.75% to 9.00% a year. The overdraft against gold jewels costs 9.90% to 10.40%.

What is the Indian Bank agri gold loan per gram today?

The bank does not publish a per-gram figure for agri loans. The loan depends on your activity’s scale of finance, and the gold must cover 115% to 120% of the limit.

Does Indian Bank give a gold loan on 24 carat gold?

Yes, on gold coins sold by banks, valued at 70% of market value or the per-gram advance value. RBI rules cap gold coins at 50 grams per borrower.

Sources

• Jewel Loan — Indian Bank (checked 17 Sep 2026)
• Interest rates on personal segment loan products (fixed) — Indian Bank (checked 17 Sep 2026)
• IND MSME Gold Secure — Indian Bank (checked 17 Sep 2026)
• Agricultural Jewel Loan Scheme (IND KGFC) — Indian Bank (checked 17 Sep 2026)
• Jewel Loan Request — Indian Bank (checked 17 Sep 2026)
• Lending Against Gold and Silver Collateral Directions, 2025 — Reserve Bank of India (checked 17 Sep 2026)
• Daily gold rates — India Bullion and Jewellers Association (checked 17 Sep 2026)
• Monetary policy statement, August 2026 — Reserve Bank of India (checked 17 Sep 2026)