Our Products
Loans
Cards
Insurance
Investment
Stock Market
Electronics Mall
CIBIL Score
Knowledge Centre
Calculators
Our Services
My Account
Do not call
En
Explore the nuances and factors affecting the gold loan rate per gram to optimise its impact on your gold loan. Also, check your gold loan eligibility today!
Last updated on: March 18, 2026
Bajaj Markets, a financial marketplace, curates loans against gold from different lending partners and presents you with the best offers to choose from. With loan amount up to glmaxamt and interest rate starting at glminint, the platform provides a quick way to access liquidity by pledging your gold assets as collateral. However, to plan your gold loan efficiently, you must understand the nuances of gold loans to ensure that you get the best gold loan rate per gram and a high loan amount with transparent terms and minimal documentation.
Taking a jewel loan per gram via Bajaj Markets comes with several advantages that make it a flexible and convenient financial option:
You can borrow up to 85% of your gold’s current market value, giving you quick access to a significant loan amount.
You can choose from a variety of repayment schedules, including monthly, bi-monthly, quarterly, half-yearly, or annual payments, based on your convenience.
You can repay a portion of your loan and retrieve some of your gold collateral before the loan term ends, offering more flexibility.
You can prepay or foreclose your loan without any additional fees, making it cost-effective.
Since this is a secured loan, your credit history is not a primary factor in determining your gold loan eligibility. This ensures approval for those with varying credit backgrounds.
Disclaimer: Terms and conditions apply to the benefits mentioned above, and these may vary from one lender to another.
Here are the key eligibility criteria for applying for a gold loan via Bajaj Markets:
Nationality: You must be an Indian citizen to apply for a gold loan
Age: Applicants should be at least 18 years old
Employment Status: You can be a salaried employee, self-employed individual, entrepreneur, farmer, or trader
Purity Standards: For a more favorable valuation, lenders typically require gold to fall within the 18 to 22-karat range.
Total Mass: The final loan figure is heavily dependent on the cumulative weight of the gold items you pledge.
Loan-to-Value (LTV) Ratio: Most financial institutions, including those featured on Bajaj Markets, permit you to borrow up to 85% of your gold's current worth.
Additional Factors: Lenders often assess the current gold loan gram rate and may set a minimum weight threshold before approving the sanctioned amount.
The gold loan rate per gram can be influenced by several key factors that vary daily. Here are the main factors that affect the gold loan rate per gram today:
The purity of gold is one of the key factors determining the loan amount you can receive. In simple terms, it refers to the proportion of pure gold in the item you pledge. For example, a 24K gold coin or bar contains 99.9% pure gold with no alloys mixed in, meaning you’ll receive a higher per gram rate when pledging this gold coin compared to a 22K gold that has 91.6% pure gold.
However, jewellery cannot be made from pure gold alone, so it is mixed with other metals to create an alloy. The purity of the gold will depend on how much other metal is added. For instance, gold jewellery is often made from 22K gold, which is stamped with ‘916’ to indicate it contains 91.6% pure gold. In contrast, 18K gold has a lower purity, so the per gram rate offered will be lower.
The first factor in determining your gold loan rate per gram is the current market price of gold. If you approach a lender on a day when gold prices are high, you could receive a larger loan for the same amount of gold. Hence, keeping track of gold prices can be useful when planning to take a loan against gold.
Loan-to-Value (LTV) ratios determine how much money a lender can offer against the value of your gold. A higher LTV allows borrowers to receive a larger loan amount for the same quantity and purity of gold, directly affecting affordability and access to funds. The RBI has also recently introduced a higher LTV of not exceeding 85% up to ₹2.5 Lakhs, aimed at supporting small borrowers and improving access to credit.
Financial institutions have the flexibility to set the per gram rate for gold loan products, within the limits set by the RBI. While they cannot exceed the RBI’s cap, they may offer a lower LTV ratio to cover lending costs. As a result, different banks and non-banking financial companies (NBFCs) may quote varying rates per gram. Many borrowers aim to secure the maximum loan for their gold and often choose the lender offering the highest per gram rate. However, it’s important to also consider the interest rates charged, as these can differ significantly from one lender to another.
Each lender may have their own approach for determining the per gram gold rate, but it typically starts with the current market price of gold. The rate varies depending on the purity of the gold. For example, 24K and 22K gold are priced differently.
If today's gold loan rate per gram (as of 09 Feb 2026), values 10 grams of 24K gold at ₹1.56 Lakhs, this means the market price of one gram of 24K gold ₹15,660.
According to RBI regulations, lenders can only offer up to 85% of the gold’s value for loan amounts up to ₹2.5 Lakhs.
In this case, the maximum loan a lender could offer for the example above is ₹13,311 per gram of gold.
To find out the exact gold loan price today you could receive, you can use the gold loan calculator available on the lender's website.
You can check the gold per gram rate along with the applicable loan terms based on information available through:
Real-Time Market Tracking: The Multi Commodity Exchange (MCX) provides live updates on gold prices, serving as a dependable source for monitoring fluctuations driven by global market trends.
Lender-Specific Data: Checking a lender’s official portal or a financial marketplace such as Bajaj Markets, allows access to the specific gold loan gram rate and associated terms that are currently in effect.
Accessing these platforms enables a direct comparison between the prevailing market price and the specific rate offered by a lender, facilitating a well-informed financial decision.
Both banks and Non-Banking Financial Companies (NBFCs) offer gold loans, and as a borrower, your main objective is often to secure the highest possible loan amount at lowest possible interest. Before selecting a lender, it's essential to understand the differences between what banks and NBFCs offer in their gold loan products.
| Features | NBFCs | Banks |
|---|---|---|
Loan-to-Value (LTV) |
NBFCs tend to offer higher LTV ratios, sometimes up to 85% of the gold's value, making them suitable for larger loan amounts |
Banks typically offer LTV ratios between 60–75%, which may result in a slightly lower loan amount |
Interest Rates |
Interest rates are generally higher, often exceeding 12% per year, and can be steeper than those offered by banks |
Interest rates range from 8–12% per year, generally more competitive than NBFCs |
Repayment Options |
NBFCs offer more flexible repayment terms, with some allowing interest-only payments at the start of the loan |
Banks typically follow a fixed EMI structure, which is less flexible compared to NBFCs |
Many gold loan providers now offer the convenience of digital gold loans, allowing you to apply online:
Start by using a gold loan calculator to estimate the loan amount based on the weight of your gold
Visit the official website of your chosen lender and complete the online application for a gold loan
Enter your personal details and specify the amount of loan you require
The lender will present you with the terms of the loan. If you are satisfied with these terms, you can proceed to submit your application
Depending on the lender, you may need to take your physical gold to a nearby branch, or some lenders may offer door-to-door collection services for your pledged gold
Once approved, the loan will be disbursed either directly to your bank account or provided in cash, depending on the financial institution
To secure the best deal on a gold loan value per gram, consider the following tips:
Compare loan offers from various lenders to ensure you get the best value for your gold. Pay attention to factors such as processing fees, appraisal charges, and early payment penalties, as these contribute to the overall cost of borrowing. You can easily compare these details when you search for gold loans on a financial marketplace like Bajaj Markets.
When applying online, you can quickly compare interest rates from different lenders. Some lenders may be open to negotiation, giving you the opportunity to secure a lower interest rate.
Gold loans are typically short-term credit facilities, and interest rates are often lower for shorter loan terms. Repayment tenures can vary from a few weeks to up to 3 years, depending on the lender. Opting for a shorter term may help you save on interest.
Reviewer
A gold loan for 1 gram is the amount a lender offers for each gram of gold you pledge, calculated based on the gold’s purity and current market price. Typically, lenders offer up to 85% of the gold’s market value upto ₹2.5 Lakhs, in line with RBI guidelines.
The one gram gold loan rate is determined by three key factors: the gold's market price, its purity (karat), and the lender’s Loan-to-Value (LTV) ratio. Lenders can offer up to 85% of the gold’s market value, but this may vary with the lender's policies.
Yes, the gold loan per gram rate changes daily, reflecting fluctuations in the gold market. These changes are influenced by global commodity markets and can be tracked on portals like the Multi Commodity Exchange (MCX). You can also check your lender’s website for updated rates.
The gold loan maximum amount per gram depends on the lender, gold purity, and the current gold price. Typically, you can borrow up to 85% of the gold’s market value, though this can vary based on lender policy. A gold loan calculator can help you estimate the loan amount you may be eligible for.
Higher purity gold, such as 22K or 24K, attracts a higher loan rate because it contains more gold. For instance, 24K gold has no alloys mixed in, making it more valuable than 22K gold, which has other metals added to increase strength. Thus, a 24K gold coin will fetch a higher per gram rate.
Leading banks and NBFCs like Muthoot Finance, Bajaj Finserv, IIFL Finance, Indiagold, Muthoot Fincorp ONE, Rupeek and Fedfina offer competitive gold loan rates. However, the per gram rates and terms may vary, so it’s advisable to compare offers from different lenders before applying.
Typically, the gold loan per gram rate is based on the market price of gold and purity, so it is fixed. However, some lenders may offer better terms, especially to borrowers with a strong repayment history or those taking larger loans.
You can check today's gold loan price per gram by visiting the official websites of your chosen lenders or calling their customer service. Many banks and NBFCs also provide online gold loan calculators for real-time rate estimates.
Once the loan is disbursed, fluctuations in gold prices do not affect your existing loan. However, if gold prices drop significantly, lenders may request additional collateral. In case of missed payments, the lender may auction the pledged gold to recover the loan amount.
Gold loan repayment options include:
How much gold loan per gram you can avail depends on the current market price of gold and the lender’s Loan-to-Value (LTV) ratio. In most cases, lenders provide up to 85% of the gold’s value as a loan. However, for specific products such as agricultural gold loans, the eligible amount per gram may be higher.
Academy 
