Gold Loan Calculator in India

Calculate loan amount, interest rates, and repayment details instantly. Compare bank vs NBFC rates and get the best deal for your gold loan.

Gold Loan Calculator

Calculate your gold loan amount and interest

₹5,000₹15,000
12% p.a.Bank Rate
8%15%
75%of gold value
65%80%
1 month36 months
Total Amount Payable
₹35,010
Over 12 months
Gold Value
₹41,678
Loan Amount
₹31,259
Monthly Interest
₹313
Total Interest
₹3,751
Loan Duration
12 months

Loan Breakdown

12
Months
Principal Amount
₹31,259
89.3%
Interest Amount
₹3,751
10.7%
Bank Gold Loan

12% p.a.

Lower rates, stricter eligibility

Understanding Loan-to-Value (LTV) Ratio in Gold Loans

What is LTV Ratio?

LTV (Loan-to-Value) ratio is the percentage of your gold's market value that you can borrow as a loan. It's a key factor that determines how much money you can get against your gold collateral.

For example, if your gold is valued at ₹1,00,000 and the LTV ratio is 75%, you can get a maximum loan of ₹75,000.

LTV Ratio by Lender Type

Banks65% - 80%

Lower rates, stricter policies

NBFCs70% - 85%

Higher rates, flexible policies

Gold Loan Essentials

Everything you need to know about gold loans - from processing times to charges

Bank vs NBFC

Choose the right lender for your needs

Banks

Conservative
Interest Rate

8% - 15%

LTV Ratio

65% - 80%

Processing

2-7 days

Documentation

Moderate

NBFCs

Flexible
Interest Rate

10% - 24%

LTV Ratio

70% - 85%

Processing

30 min - 2 hrs

Documentation

Minimal

Gold Purity & Charges

Understanding gold valuation and costs

Gold Purity Impact

18K75%0.75x
20K83.3%0.83x
22K91.6%0.92x
24K99.9%1.00x

Additional Charges

Processing Fee0.5% - 2%
Valuation Charges₹100 - ₹500
Storage Charges₹50 - ₹200/month
Late Payment2% - 5%/month

Quick Processing

Get funds within hours with minimal paperwork

Same-day disbursement possible

Secure Storage

Your gold is safe in bank lockers with insurance

Regular audits & verification

Flexible Repayment

Multiple repayment options available

Partial payments allowed

Lower Rates

Better rates than personal loans

No credit score required

Gold Loan Calculator - Frequently Asked Questions

Get answers to common questions about gold loans, interest rates, eligibility, and repayment options.

A Gold Loan is a secured loan where you pledge your gold jewelry, coins, or bars as collateral to get instant cash. The loan amount depends on the weight, purity, and current market value of your gold. You bring your gold to the lender, it's evaluated for weight and purity, loan amount is offered (typically 65-85% of gold value), instant disbursement upon acceptance, and you repay with interest to get your gold back.

Need More Help?

Financial planning requires careful consideration of various factors. Consider consulting with a financial advisor for personalized advice based on your specific situation.

Always read terms and conditions carefully
Compare offers from multiple providers
Ensure calculations fit your financial goals

Important Disclaimer

This calculator provides estimates based on the information you provide. Actual loan terms, interest rates, and charges may vary between lenders and are subject to their approval process. Gold loan rates are subject to market conditions and lender policies. Please verify all details with your chosen lender before making any financial commitments. This tool is for informational purposes only and should not be considered as financial advice.