What Is the Gold Loan Rate Per Gram for 22K Gold Today?
The gold loan amount per gram depends on two factors: today's 22K gold rate and the LTV ratio your lender offers. 22K gold (91.6% purity) is the most common purity for Indian gold jewellery, making it the standard for gold loan valuations.
Formula: Loan Per Gram = 22K Rate × LTV%. At 75% LTV and ₹6,800/g, you get ₹5,100 per gram as loan.
This calculator auto-fetches the live 22K rate from market data. The rate you see is the current IBJA-based domestic 22K gold price per gram.
How Do You Calculate Gold Loan Amount for 22 Karat Gold?
Total loan = Weight (grams) × 22K Rate per gram × LTV%. For 10 grams at ₹6,800/g and 75% LTV: 10 × 6,800 × 0.75 = ₹51,000.
Hallmarked 22K gold (with BIS HUID number) gets the full 22K valuation. Non-hallmarked gold may face a 2–5% discount depending on the lender's assaying confidence. Always carry hallmark certificates when applying for a gold loan.
Which Bank Gives the Highest Loan Per Gram for 22K Gold?
NBFCs like Muthoot Finance and Manappuram typically offer higher per-gram amounts than banks because they use market-rate gold pricing. Banks (SBI, HDFC) often apply a 5–10% haircut on the market rate.
Compare across lenders using our Bank Comparison page. For specific bank matchups, see SBI vs HDFC or Muthoot vs Manappuram.