Gold Loan Calculator
Loan amount on your gold, with interest by EMI or bullet repayment.
Use the lender's rate or the IBJA rate for 22 carat.
Optional
Leave 0 to see the maximum loan.
Repayment
Your result
—
Enter your numbers to see the result.
This gold loan calculator estimates how much you can borrow against your gold jewellery and what the loan will cost. Enter the weight, purity and today’s gold rate. It values the gold, applies the loan-to-value limits in RBI’s directions that apply from April 2026, and shows the interest for an EMI loan or a bullet loan where you repay everything at the end.
What is a Gold Loan Calculator?
A gold loan is a secured loan against gold jewellery or coins. The lender keeps your gold safely, lends a percentage of its value, and returns the gold when you repay. Because it is secured, gold loans are approved quickly, often the same day, and usually cost less than personal loans.
The amount you get depends on the loan-to-value (LTV) ratio. RBI’s directions on lending against gold, which apply from 1 April 2026, allow up to 85% of the gold’s value for loans below ₹2.5 lakh, 80% for ₹2.5 lakh to ₹5 lakh and 75% above ₹5 lakh. This gold loan calculator applies those slabs and shows the cost of repaying by EMI or as a single bullet payment.
How does the Gold Loan Calculator work?
The calculator values your gold by multiplying the net weight by the 22-carat rate, adjusted for purity (for example, 18 carat is valued at 18/22 of the 22-carat rate). It then finds the largest loan that stays within the LTV slab that applies to that loan size.
For EMI repayment it uses the standard reducing-balance formula. For bullet repayment it calculates simple interest for the tenure, which you pay with the principal at the end.
How to use the Gold Loan Calculator step by step
- Enter the net weight of your gold, excluding stones.
- Choose the purity.
- Enter the 22-carat rate per gram from the lender or IBJA.
- Leave the loan amount at 0 to see the maximum, or enter what you need.
- Enter the interest rate, tenure and repayment type.
- Compare the EMI or bullet amount and total interest.
Gold Loan Calculator example with real numbers
You have 40 grams of 22-carat jewellery (net weight) and the lender’s rate is ₹11,000 a gram. You want the maximum loan for 12 months at 10% with monthly EMIs. (Use your lender’s rate on the day.)
| Example input | Value |
|---|---|
| Gold weight (net, excluding stones) | 40 grams |
| Purity | 22 carat |
| Gold rate per gram (22 carat) | ₹11,000 |
| Loan you want (optional) | ₹0 |
| Interest rate per year | 10% |
| Tenure | 12 months |
| Repayment | Monthly EMI |
| Example output | Value |
|---|---|
| Maximum gold loan | ₹3,52,000 |
| Value of your gold | ₹4,40,000 |
| LTV used | 80.0% |
| LTV limit for this loan size | 80% |
| Monthly EMI | ₹30,946 |
| Total interest | ₹19,357 |
| Total repayment | ₹3,71,357 |
Your gold is valued at ₹4,40,000. Because the loan falls in the above-₹2.5 lakh band, the 80% limit applies, so the gold loan calculator gives a maximum of ₹3,52,000. The EMI is ₹30,946 and total interest ₹19,357.
Key features of this Gold Loan Calculator
- RBI LTV slabs from April 2026
- Purity adjustment from 18 to 24 carat
- EMI or bullet repayment
- Maximum or chosen loan amount
- Total interest and repayment
Who should use the Gold Loan Calculator?
Who is this Gold Loan Calculator for?
- Families needing quick funds against jewellery
- Small traders and farmers needing short-term working capital
- People comparing gold loans with personal loans
- Gold loan agents explaining offers
Practical use cases
- Finding how much loan 40 grams of gold can get
- Comparing EMI and bullet repayment
- Checking a lender’s offer
- Deciding whether to pledge all or part of your jewellery
Key benefits
- Current rules: new LTV slabs built in.
- Two repayment types: see which suits your cash flow.
- Honest valuation: net weight and purity.
- Quick: answer in seconds.
Tips for better results
- Lenders value only the gold content; stones and wax are deducted.
- Compare interest rates and processing fees across banks and NBFCs.
- Repay on time; lenders can auction pledged gold after due notice if you default.
- Borrow only what you need; a smaller loan may get a higher LTV band.
Common mistakes to avoid
- Using the 24-carat rate for 22-carat jewellery.
- Including stone weight.
- Ignoring processing fees and valuation charges.
- Missing bullet repayment dates.
Limitations of this Gold Loan Calculator
- Lenders may use a 30-day average or the previous day’s rate, so their value can differ.
- It does not include processing fees or GST on fees.
- For bullet loans the lender may cap the loan lower so that principal plus interest stays within LTV.
Gold Loan Calculator vs other ways to calculate
| Option | Speed | Typical cost | Security |
|---|---|---|---|
| Gold loan | Same day | Lower than personal loans | Your gold |
| Personal loan | 1–3 days | Higher | None |
| Credit card EMI | Instant | High | None |
| Loan against FD | Same day | FD rate + 1–2% | Your FD |
If you have fixed deposits or mutual funds, the loan against FD calculator may be cheaper. For an unsecured option, compare with the EMI calculator.
Privacy and data handling
This Gold Loan Calculator runs entirely in your browser. The numbers you type are not sent to Qorico or stored on any server, and nothing is saved after you close the page. The Copy and Download buttons create the result on your own device. If the page has analytics turned on, it may count that a calculation happened, but it does not record the values you entered.
Gold Loan Calculator FAQs
How much gold loan can I get on 10 grams?
At ₹11,000 a gram for 22 carat, 10 grams is worth ₹1,10,000, so the maximum loan at 85% LTV is about ₹93,500. The lender’s own rate decides the final figure.
What is the LTV for gold loans in 2026?
Under RBI’s directions applying from April 2026: up to 85% for loans below ₹2.5 lakh, 80% for ₹2.5–5 lakh and 75% above ₹5 lakh.
What is a bullet repayment gold loan?
You pay no EMIs and repay the principal and interest together at the end of the tenure, usually up to 12 months.
Is gold loan interest lower than a personal loan?
Usually yes, because the loan is secured. Rates vary by lender and scheme.
What happens if I don't repay a gold loan?
The lender can auction the gold after giving notice, and must return any surplus after recovering dues.
Can I get a loan against silver?
Yes. RBI’s directions also allow loans against silver jewellery and coins, with their own limits.
Related tools
Sources and references
We checked the method and the current figures used in this Gold Loan Calculator against these official and primary sources:
- RBI: Directions on lending against gold and silver collateral
- Reserve Bank of India
- India Bullion and Jewellers Association
- RBI Financial Education
Written and reviewed by the Qorico Team
