Gold Loan Calculator
50 grams of 22K gold at an illustrative ₹7,400 per gram and 75% LTV supports a loan of about ₹2,54,190.
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The loan you can get against gold depends on its weight, purity, the current gold rate and the lender's loan-to-value (LTV) ratio.
How the gold loan calculation works
Eligible loan = Weight (g) × Gold rate per gram × Purity × LTV
Example
For 50 grams of 22K gold at ₹7,400 per gram and a 75% LTV, the eligible loan is about ₹2,54,190. Repaid over 12 months at 9%, the EMI is about ₹22,229.
Gold Loan Calculator scenarios
| Gold | Gold value | Eligible loan | EMI (12 months) |
|---|---|---|---|
| 10 g, 22K | ₹67,784 | ₹50,838 | ₹4,446 |
| 25 g, 22K | ₹1,69,460 | ₹1,27,095 | ₹11,115 |
| 50 g, 22K | ₹3,38,920 | ₹2,54,190 | ₹22,229 |
| 100 g, 22K | ₹6,77,840 | ₹5,08,380 | ₹44,459 |
| 50 g, 18K | ₹2,77,500 | ₹2,08,125 | ₹18,201 |
| 50 g, 24K | ₹3,70,000 | ₹2,77,500 | ₹24,268 |
What changes the result
- The gold rate the lender uses — typically based on recent 22K prices (for example a 30-day average), not today’s spot price.
- Purity: 22K gold is 91.6% pure, so it counts for less than 24K; stones and wastage are not valued.
- The LTV the lender applies, within RBI’s caps.
- Interest rate and repayment option (monthly EMI, interest-only or bullet repayment at the end).
How to use this calculator
- Enter the weight of your gold in grams and choose its purity.
- Enter the gold rate per gram and the lender’s LTV ratio.
- Enter the interest rate and tenure.
- Read the gold value, the eligible loan amount, the EMI and total interest.
Gold Loan Calculator FAQs
What is the maximum LTV?
RBI caps the loan-to-value ratio for gold loans, and lenders may lend less than the cap. RBI’s directions on lending against gold set higher caps for smaller loans (85% for loans up to ₹2.5 lakh, 80% above ₹2.5 lakh up to ₹5 lakh, and 75% above ₹5 lakh); check your lender’s current policy.
Is the gold rate in the calculator live?
No. The default rate is illustrative. Enter the rate your lender quotes, which is usually based on recent 22K prices.
What happens if I do not repay a gold loan?
The lender can auction the pledged gold after giving notice, as set out in the loan agreement and RBI rules, and must return any surplus after recovering dues.
Results are estimates for planning only and are not financial, tax or investment advice. Check figures with your bank, fund house or tax adviser before acting on them.