Gold Loan Calculator

A gold loan is one of the quickest ways to raise money in India — often disbursed within an hour, with lower rates than personal loans. This gold loan calculator values your jewellery by weight and purity, applies the RBI's loan-to-value caps to show the most you can borrow, and compares the cost of paying interest monthly, a single bullet repayment, and EMIs.

How to use it

Enter the net gold weight (excluding stones) and purity.
Enter today's 24K gold price per 10 grams.
Enter the loan you need, the interest rate offered and the term.

Example

You pledge 20 g of 22K jewellery when 24K gold is ₹1,40,000 per 10 g (an example price). The gold is worth about ₹2.57 lakh, so the most you can borrow is about ₹2.18 lakh (85%). On a ₹2 lakh loan at 10% for 12 months, paying interest monthly costs ₹1,667 a month (₹20,000 in total), a bullet repayment about ₹20,900, and EMIs of about ₹17,580 cost about ₹11,000 in interest. Compare with a personal loan using theEMI calculator.

Before you pledge

Ask for the valuation sheet showing weight and purity.
Check processing fees and the penalty rate if you miss payments.
Borrow from RBI-regulated banks and NBFCs only.

Disclaimer: Results are estimates for educational purposes only and are not financial, investment or tax advice. Please verify with your bank, broker or a SEBI-registered adviser before acting. Read the full disclaimer.

Frequently asked questions

How much loan can I get on my gold?

Lenders value your jewellery by its gold content and purity (stones and making charges don’t count) and lend a percentage of that value, called the loan-to-value (LTV) ratio. Under RBI’s directions for loans against gold effective 1 April 2026, the cap for consumption loans is 85% for loans up to ₹2.5 lakh, 80% from ₹2.5 lakh to ₹5 lakh, and 75% above ₹5 lakh. Lenders may offer less.

What is the gold price used?

Lenders typically use the average closing price of 22-carat gold over the previous 30 days (or the previous day’s price, whichever is lower). Enter today’s 24-carat price per 10 grams; the calculator adjusts for purity.

Which repayment option is cheapest?

Paying interest every month (and the principal at the end) usually costs a little less than a bullet repayment, where interest compounds until the end. An EMI repays principal along the way, so total interest is lowest — but monthly payments are higher.

What happens if I can’t repay?

The lender can auction the gold after giving notice. Always borrow only what you can repay and keep the loan within its term.