Gold Loan Calculator
Estimate how much you could borrow against gold jewelry based on its weight, purity and today's gold rate — and see the EMI if you repay it over time.
How the eligible amount is worked out
Lenders value your gold at its pure-gold content — a 22K item is only about 91.6% pure gold by weight — then multiply by the day's 24K gold rate to get the gold's value, and lend up to a Loan-to-Value percentage of that (RBI limits this to 75% for regulated lenders). Many gold loans are structured as interest-only with the principal due at the end, or as a standard EMI — this calculator shows both the eligible amount and an EMI estimate if you choose to repay it that way.
Important note
This calculator gives an estimate for planning purposes using standard formulas. Actual figures from your bank or scheme provider may differ slightly due to processing fees, exact compounding conventions, rate changes over the term, or scheme-specific rules — always confirm final numbers with the institution before making a decision. This is not financial advice.
Frequently asked questions
How much loan can I get against my gold?
Regulated lenders in India can lend up to 75% of your gold's value (the RBI's Loan-to-Value cap), calculated from its pure-gold weight at the current market rate. Enter your gold's weight, purity and today's rate above to see your estimated eligible amount.
Does gold purity affect my loan amount?
Yes significantly — 22K gold is about 91.6% pure, while 18K is 75% pure, so the same weight of 18K jewelry is worth less in pure-gold terms and yields a smaller eligible loan than 22K or 24K gold of the same weight.
Is a gold loan cheaper than a personal loan?
Gold loan interest rates are often lower than unsecured personal loans, since the gold itself secures the loan and reduces the lender's risk — but exact rates vary by lender and current market conditions.
What happens if I can't repay a gold loan?
The lender has the right to auction the pledged gold to recover the outstanding amount if the loan isn't repaid according to its terms — this is a real risk to understand before taking a gold loan, not just a formality.