How much gold loan can I get per gram of 22K gold today?

At today's 22K price of ₹13,230 per gram and the RBI's 85% LTV cap (loans up to ₹2.5 lakh), you can borrow up to ₹11,246 per gram. Banks with lower internal LTV caps offer slightly less.

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Union Bank of India Gold Loan Per Gram Today

Q: Why is my gold loan amount less than my gold's market value?

RBI caps loan-to-value at 75–85% by loan size, banks value only the gold content (stones and making charges excluded), and purity is tested at the branch.

Q: Do banks accept 18K gold for loans?

Most banks accept 18K–22K jewellery. 24K bars and coins are generally not accepted under RBI norms, with limited exceptions for bank-sold coins up to 50 grams.

Updated 30 Jul 2026

Union Bank of India lends up to ₹11,246/gram on 22K (916) gold today — that's 85% of today's 22K rate of ₹13,230/g, from 9.1% p.a. A 24K gram works out to ₹12,268 and 18K to ₹9,201.

Union Bank of India's gold loan per gram is the bank's loan-to-value (85%) applied to today's 22K gold value — stones and making charges are excluded, and purity is assayed at the branch. Disbursal is typically Same day. Enter your weight below for Union Bank of India's exact limit, and see how other banks compare.

Gold weight

What each bank would give you · on this gold

Bank	LTV	You'd get	Rate from
Union Bank of India	80%	₹4,23,360	9.10%
Bank of Maharashtra	80%	₹4,23,360	8.50%
Indian Bank	80%	₹4,23,360	8.50%
Bank of India	80%	₹4,23,360	8.60%
Canara Bank	80%	₹4,23,360	8.75%
Bank of Baroda	80%	₹4,23,360	8.85%
Indian Overseas Bank	80%	₹4,23,360	8.85%
UCO Bank	80%	₹4,23,360	8.85%
Punjab National Bank (PNB)	80%	₹4,23,360	8.95%
Federal Bank	80%	₹4,23,360	8.99%
Kotak Mahindra Bank	80%	₹4,23,360	9.00%
Karur Vysya Bank	80%	₹4,23,360	9.00%

Amounts update with the estimator above. Each bank applies the lower of its own cap and the RBI tier. Tap a bank for its full rate & charges.

Why you get less than your gold's market value

A sanctioned amount below market value isn't arbitrary — three rules drive it. The RBI caps loan-to-value (tiered by loan size since 2026); banks lend against gold content only (stones and making charges are excluded); and purity is assayed at the branch, so an item sold as 22K may test slightly lower.

Loan size	RBI max LTV	Per gram of 22K*
Up to ₹2.5 lakh	85%	₹11,246
₹2.5 – 5 lakh	80%	₹10,584
Above ₹5 lakh	75%	₹9,923

*At today's 22K price of ₹13,230/g. Individual banks may apply lower internal caps.

Loan per gram by purity — 30 Jul 2026

Purity	Value / gram	Max loan / gram (85%)
24K · bars/coins, usually not accepted	₹14,433	₹12,268
22K	₹13,230	₹11,246
20K	₹12,022	₹10,219
18K	₹10,825	₹9,201

Union Bank of India loan by gold weight — 22K, 30 Jul 2026

Gold weight	22K value	Loan amount
1 g	₹13,230	₹11,246
8 g · 1 sovereign	₹1,05,840	₹89,968
10 g	₹1,32,300	₹1,12,460
20 g	₹2,64,600	₹2,24,920
50 g	₹6,61,500	₹5,62,300

Gold-content value only at today's 22K rate — stones and making charges are excluded. Larger loans step down to 80% / 75% LTV, so the per-gram amount falls a little.

⚖️ RBI 2026

How much you can borrow depends on loan size

The smaller the loan, the higher the LTV the RBI allows.

85%

up to ₹2.5L

80%

₹2.5L–5L

75%

above ₹5L

Interest must be 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.

FAQs

Union Bank of India lends up to ₹11,246 per gram of 22K (916) gold today — 85% LTV on today's 22K rate of ₹13,230/g, from 9.1% p.a. A 24K gram works out to ₹12,268. Gold content only; stones and making charges are excluded.

At today's 22K price of ₹13,230/g and the RBI's 85% LTV cap (loans up to ₹2.5 lakh), up to ₹11,246 per gram. Banks with lower internal caps offer slightly less — the table above shows each.

On 8 g of 22K gold (about 1 sovereign) you can borrow up to ₹89,968 today, and about ₹1,12,460 for 10 g — gold content only, at today's 22K rate. See the weight table above for other amounts.

RBI caps LTV at 75–85% by loan size, banks value only the gold content (stones and making charges excluded), and purity is tested at the branch.

Most accept 18K–22K jewellery. 24K bars and coins are generally not accepted under RBI norms, with limited exceptions for bank-sold coins up to 50 grams.

For a new loan, yes — eligibility is computed on the current price. An existing loan's sanctioned amount is fixed, though some lenders allow top-ups if value rises substantially.

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Estimates are indicative and subject to gold price, purity testing and each lender's policy. RatesToday is not a SEBI/RBI-registered advisor and this is not financial advice.