Gold Loan Calculator
Find the market value of your gold, the maximum loan you can get at the RBI 75% LTV cap, and your EMI or interest-only monthly cost. Free, no sign-up, runs entirely in your browser.
The price above is for pure 24K gold; lower purities are scaled automatically. Edit the price to match your lender's current per-gram rate.
RBI caps gold loan LTV at 75%, so this input cannot exceed 75.
Estimates only. Actual per-gram rates, LTV and fees vary by lender and by day. Figures rounded to the nearest rupee with Indian (en-IN) digit grouping.
How gold loans work in India
A gold loan is a secured loan where you pledge gold jewellery or coins with a bank or NBFC and borrow against their value. The lender first weighs and tests your gold to find its pure gold content, then applies a per-gram market rate to arrive at the assessed value. The amount you can actually borrow is a percentage of that value, called the loan-to-value (LTV) ratio. The gold stays in the lender's vault until you repay in full, after which it is returned to you.
The Reserve Bank of India caps the LTV for gold loans at 75%: a lender can advance at most 75 paise for every rupee of assessed gold value. Some lenders offer lower LTVs with better rates. Per-gram loan rates also vary widely by lender, because each bank and NBFC publishes its own daily rate card based on its reference gold price, purity assumptions and margin. Always check the current per-gram rate before pledging, and enter that exact figure in the price field above.
Purity factors used by this calculator
| Purity | Gold content | Factor applied to 24K price |
|---|---|---|
| 24K | 99.9% | 0.999 |
| 22K | 91.6% | 0.916 |
| 20K | 83.3% | 0.833 |
| 18K | 75.0% | 0.750 |
Market value = weight × purity factor × 24K price per gram. For 50 g of 22K gold at ₹7,300 per gram, that is 50 × 0.916 × 7,300 = ₹3,34,340, and the maximum loan at 75% LTV is ₹2,50,755. On an EMI plan at 10% p.a. over 12 months, the monthly EMI works out to about ₹22,045, with total interest of roughly ₹13,789.
In an interest-only (bullet) plan you pay just the interest each month, ₹2,090 in this example, and repay the entire principal in one lump sum at the end of the tenure. Monthly outgo is lower, but total interest is higher because the principal never reduces. Use the repayment mode toggle above to compare both structures side by side.
Frequently asked questions
How is gold loan eligibility calculated?
Eligible loan = Gold weight (grams) × Purity factor × Market price per gram × LTV ratio. Example: 50 grams of 22K gold at ₹7,300 per gram of 24K gives a market value of 50 × 0.916 × 7,300 = ₹3,34,340, and at the 75% LTV cap the maximum loan is ₹2,50,755.
What is the RBI 75% LTV cap on gold loans?
The Reserve Bank of India caps the loan-to-value ratio for gold loans at 75%: lenders can lend at most 75 paise against every rupee of the gold's assessed value. Banks and NBFCs may offer less than 75%, but not more, so this calculator caps the LTV input at 75%.
How much loan can I get per gram of gold?
Per-gram loan amounts change daily with the gold price and vary by lender, since each lender applies its own reference rate and LTV within the 75% cap. As a rough guide at ₹7,300 per gram for 24K, 22K jewellery fetches about ₹5,014 per gram at 75% LTV (7,300 × 0.916 × 0.75). Always check your lender's current per-gram rate card.
EMI or interest-only: which gold loan repayment is cheaper?
An EMI plan repays principal every month, so total interest is lower. An interest-only (bullet) plan keeps the full principal outstanding until the end, so you pay small monthly interest but the entire principal in one lump sum at maturity, making total interest higher. Compare both modes in this calculator before choosing.
Is this gold loan calculator free and private?
Yes. It is completely free, requires no sign-up, and every calculation runs locally in your browser. Nothing you enter, including your gold weight or loan figures, is uploaded anywhere.