Jammu & Kashmir Bank Gold Loan Per Gram Rate Today
How much can I borrow at Jammu & Kashmir Bank?
A Jammu & Kashmir Bank gold loan is a secured loan against your gold jewellery — 1-2 days disbursal, no income proof and only KYC documents. You keep ownership; the bank safe-keeps your gold until you repay.
Jammu & Kashmir Bank loan per gram today
| Purity | Gold rate/g | Loan/g · 85% |
|---|---|---|
| 24K (999) | ₹14,433 | ₹12,268 |
| 22K (916) | ₹13,230 | ₹11,246 |
| 18K (750) | ₹10,825 | ₹9,201 |
Based on today's gold rate and the RBI-2026 maximum 85% LTV (loans up to ₹2.5L). Actual amount depends on purity, loan size and the bank's valuation.
Jammu & Kashmir Bank gold loan amount by weight
| Gold weight (22K) | Gold value | Loan · 85% LTV |
|---|---|---|
| 8 g (1 pavan) | ₹1,05,840 | ₹89,964 |
| 10 g | ₹1,32,300 | ₹1,12,455 |
| 20 g | ₹2,64,600 | ₹2,24,910 |
| 50 g | ₹6,61,500 | ₹5,62,275 |
| 100 g | ₹13,23,000 | ₹11,24,550 |
On 22K gold at today's ₹13,230/g and the RBI-max 85% LTV (loans ≤₹2.5L). One pavan (sovereign) = 8 grams; higher-purity gold fetches more.
Jammu & Kashmir Bank gold loan · key facts
How much you can borrow depends on loan size
The smaller the loan, the higher the LTV the RBI allows. On ₹1 lakh of pledged gold that is up to ₹85,000 (≤₹2.5L loans), ₹80,000 (₹2.5–5L) or ₹75,000 (above ₹5L).
Interest is charged on a daily reducing balance, bullet-repayment loans are capped at 12 months, and a standardised Key Fact Statement (KFS) is mandatory before you sign. For small loans the RBI also removed mandatory income verification.
Compare Jammu & Kashmir Bank with other lenders
Tap any lender to see it side by side with Jammu & Kashmir Bank — rate, loan per gram, LTV & fees.
Eligibility & documents at Jammu & Kashmir Bank
Jammu & Kashmir Bank gold loan charges & repayment
- Processing fee: MCLR-linked; ~9.75% for women/joint/staff of the loan amount.
- Valuation charge: a small fee to test gold purity and weight.
- Foreclosure / part-payment: usually allowed; charges vary by scheme — confirm before signing.
- Repayment: bullet (interest + principal at the end, capped at 12 months), regular EMIs, or an overdraft you draw as needed.
GST applies on fees and charges. Interest is charged on a daily reducing balance.
How to apply for a Jammu & Kashmir Bank gold loan
Rates and terms depend on loan amount, tenure, repayment option and scheme at application. Contact Jammu & Kashmir Bank for exact figures.
About Jammu & Kashmir Bank gold loans
What "loan per gram" actually means
A gold loan is sized off the value of the gold you pledge, not your income. Jammu & Kashmir Bank values your jewellery at the current 22K rate — today ₹13,230 a gram — and lends a percentage of that, called the loan-to-value (LTV). At the RBI-2026 maximum 85% LTV, that works out to about ₹11,246 per gram of 22K gold. Pledge 20 grams and you can raise roughly ₹2,24,920. You can check any weight on the gold calculator or against the live gold price today.
How the RBI 2026 LTV tiers change your limit
The per-gram figure isn't fixed — it steps down as the loan gets bigger. Loans up to ₹2.5 lakh can go to 85% of the gold's value, ₹2.5–5 lakh to 80%, and anything above ₹5 lakh to 75%. So a small loan gives you the most per gram. The same gold pledged for a larger amount raises proportionally less, which is worth planning around if you only need part of what your gold could unlock.
What a Jammu & Kashmir Bank gold loan really costs
Interest is charged on a daily reducing balance, starting from 10.25% a year, so repaying early genuinely lowers your cost. On top of interest, budget for a processing fee (MCLR-linked; ~9.75% for women/joint/staff), a small valuation charge and GST on the fees. Bullet-repayment schemes let you clear everything in one go within 12 months; EMI and overdraft options spread it out. The Key Fact Statement you sign lists every charge before you commit.
Documents and who qualifies
Because the gold is the security, Jammu & Kashmir Bank doesn't ask for salary slips or run a credit check on most gold loans — you just need KYC, meaning Aadhaar and PAN. Any resident Indian aged 18 or above who owns 18K–22K jewellery can apply, whether salaried, self-employed or running a business. Higher-purity gold is valued more per gram, so 22K pledges raise more than 18K.
Borrow against gold, or sell it?
If you need cash but want to keep your jewellery, a gold loan lets you borrow against it and get it back on repayment. If you'd rather exit gold entirely, selling at the current rate may make more sense — there's no interest, but you lose the asset. For short-term needs a loan usually wins; for a permanent change of plan, selling can. Compare the all-in interest cost above against what you'd give up by selling.
Per-gram loan values are computed from our indicative daily 22K gold rate and the RBI-2026 maximum LTV. Interest rates, fees and tenures are indicative, not an offer, and are set by Jammu & Kashmir Bank at application — confirm with the bank before you apply. RatesToday is not Jammu & Kashmir Bank, is not a lender or a SEBI/RBI-registered adviser, and is not affiliated with or endorsed by the bank. This information is for general guidance only and is not financial advice.
Jammu & Kashmir Bank gold loan FAQs
Rate alert
Related
Rates are indicative and subject to change — verify with Jammu & Kashmir Bank before applying. RatesToday is not a SEBI/RBI-registered advisor and this is not financial advice.