Maharashtra Gramin Bank vs Utkarsh Small Finance Bank Gold Loan · Interest Rate Today
Updated 30 Jul 2026 · per gram at 22K ₹13,230/g
MGB
Maharashtra Gramin Bank
8.50%from · p.a.
vs
USF
Utkarsh Small Finance Bank
12.50%from · p.a.
On a ₹1 lakh gold loan for a year, Maharashtra Gramin Bank is the cheaper choice — about ₹4,000 less in interest at today's advertised rates. Bigger loan, bigger the gap.
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Side by side · today
Interest ratep.a. onward
8.50%
12.50%
Loan per gram (22K)at ₹13,230/g
₹9,923
₹11,246
Max LTVRBI cap 85%
75%
85%
Processing feeon loan amount
Nil
Nil
Tenurerepayment window
36 mo
12 mo
Disbursaltime to cash
Same day
Same day
Lender type
Regional Rural Bank
Small Finance Bank
Green tick marks the better value in that row. Rates, fees and LTV are the lenders' advertised figures — your actual offer depends on loan size, tenure and valuation. Verify before applying.
Maharashtra Gramin Bank gold loanFull rates, per-gram & eligibility
Utkarsh Small Finance Bank gold loanFull rates, per-gram & eligibility
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Maharashtra Gramin Bank vs Utkarsh Small Finance Bank · FAQs
Which is cheaper, Maharashtra Gramin Bank or Utkarsh Small Finance Bank gold loan?
On a ₹1 lakh loan for a year, Maharashtra Gramin Bank works out cheaper by about ₹4,000 in interest at today's advertised rates. Your exact cost depends on loan size, tenure and any processing fee.
How much gold loan per gram do they give?
At today's 22K rate of ₹13,230/g, Maharashtra Gramin Bank lends up to about ₹9,923/g (75% LTV) and Utkarsh Small Finance Bank up to about ₹11,246/g (85% LTV) — before the RBI tier step-down on larger loans.
Do gold loan rates change?
Yes. Both the interest rate and the per-gram loan value move — the rate when the lender revises it, and the per-gram amount daily with the gold price. This page uses today's figures.
Rates, fees and terms are indicative and set by each lender at application — verify with the bank before you apply. RatesToday is not a lender or a SEBI/RBI-registered adviser and is not affiliated with any bank; this is general information, not financial advice.