Gold Loan Calculator
Gold Loan Calculator
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Enter today's 24K gold price per gram from market
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75%
90%
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Total Gold Value
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Estimated Loan Amount
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Monthly Interest
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How to Use
- Enter the weight of gold in grams
- Select gold purity (24K/22K/18K)
- Enter current market price per gram (24K)
- Adjust LTV ratio as per your lender (most offer 75%)
Gold Loan Interest Rates 2026 — Top Lenders
| Lender | Rate (p.a.) | Max LTV | Processing |
|---|---|---|---|
| SBI | 7.50% | 75% | 0.50% |
| Bank of Baroda | 7.70% | 75% | ₹500 |
| HDFC Bank | 8.50% | 75% | 1.50% |
| Muthoot Finance | 9.60% | 75% | Nil-1% |
| Manappuram | 10.00% | 75% | Nil |
| IIFL Finance | 9.24% | 75% | Nil-2% |
Frequently Asked Questions — Gold Loan
For 10g of 22K gold at market rate ~₹7,200/gram: Gold value = ₹72,000. At 75% LTV (max allowed by RBI), loan = ₹54,000. Actual amount depends on purity assessment and lender policy. Banks typically give 65-75% LTV, NBFCs give full 75%.
Yes, in most cases. Gold loan advantages: Lower interest (7-12% vs 10-18%), instant disbursal (30 mins vs days), no CIBIL check needed, flexible repayment (interest-only EMI option). Disadvantage: Risk of losing gold if you default, limited to 75% of gold value.
If you default, the lender sends notices and gives time to repay. After the grace period (usually 7-15 days), they can auction your gold to recover the loan + interest + penalties. Any surplus from auction is returned to you. Your CIBIL score also gets affected.
RBI allows maximum 75% LTV (Loan-to-Value) for gold loans from banks and NBFCs. This means if your gold is worth ₹1 lakh, you can get maximum ₹75,000 as loan. Some lenders offer lower LTV (65-70%) at lower interest rates.
Disclaimer: This calculator is for educational purposes only. Consult a financial advisor for investment decisions. Actual values may vary based on lender terms.