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Gold Loan Calculator

Free gold loan calculator. Find maximum loan against gold jewellery. Works for India, UAE and worldwide.

Instant · Free · No sign-up · In your local currency

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Gold Market Value
Max Loan Amount
Monthly EMI
Total Interest

⚠️ Estimates only. Not financial advice. Consult a licensed professional.

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Our tools show you the numbers — find the right lender below.

Gold Loan Calculator — Unlock Your Idle Gold Without Selling It

India holds approximately 25,000 tonnes of privately-owned gold — the largest private gold reserve in the world. Most of it sits idle in bank lockers and home safes. A gold loan converts this idle asset into working capital within 30–60 minutes, without selling your jewellery. When you repay, your gold is returned exactly as pledged.

How Gold Loan Value Is Calculated

The lender assesses your gold's purity using an XRF machine or acid test, calculates the pure gold content by weight, multiplies by today's gold market rate, and lends up to 75% of that value (the RBI-mandated maximum LTV for gold loans in India).

Pure Gold = Gross Weight × Purity Factor (22 Karat = 0.916 | 18 Karat = 0.750 | 24 Karat = 0.999) Example: 50g 22K gold, rate ₹6,200/gram Pure gold = 50 × 0.916 = 45.8g Gold value = 45.8 × ₹6,200 = ₹2,83,960 Maximum loan (75%): ₹2,12,970

Gold Loan vs Personal Loan — The Cost Comparison

Gold loans cost 7–15% per annum. Personal loans cost 11–24%. For the same ₹2 lakh borrowed over 12 months: gold loan at 10% costs ₹11,000 in interest. Personal loan at 18% costs ₹19,800. The gold loan saves ₹8,800 — simply by using an asset you already own.

Beyond interest rate, gold loans require no credit score check, no income proof in most cases, and are disbursed within hours. For anyone with gold and an urgent financial need, it is almost always the superior option over an unsecured personal loan.

Best Gold Loan Lenders in India 2025

Muthoot Finance: India's largest gold lender. Pan-India branches, 24-hour disbursement, rates 10–24%. Available in towns and cities where banks may not have branches.
Manappuram Finance: Second largest. Competitive for short tenures (under 6 months). Strong in South India and Maharashtra.
State Bank of India: Lowest rates (7.5–9%) but slower process (2–4 hours) and requires more documentation. Best for borrowers not in a hurry.
HDFC Bank: Rates 9–17%. Good for existing HDFC customers with faster processing through the banking relationship.

Always choose a bank or RBI-registered NBFC. Never pledge gold with unregistered moneylenders — you have no legal recourse if your gold is not returned.

Understanding Repayment Options

Gold loans offer more flexible repayment structures than most other loans. You can choose:
Regular EMI: Fixed monthly principal and interest payments, similar to any other loan.
Interest-only monthly payments: Pay only the interest each month, then repay the full principal at the end of the tenure. Good for borrowers with irregular income.
Bullet repayment: Pay nothing during the tenure, repay principal plus all interest at maturity. Useful for very short-term needs (under 3 months).

The bullet repayment option requires discipline — interest accumulates daily and the final payment can be substantially larger than anticipated. Always model the total cost before choosing this option.

Critical Safety Rules for Gold Pledging

Always insist on a receipt listing the weight and purity of each pledged item. The lender is responsible for the gold while in their custody — they must have insurance. Reputable lenders store gold in high-security vaults and provide insurance documentation.

Know the auction clause: if you miss repayments without communication, the lender can auction your gold after sending legally required notices. Always renew before the due date — even a partial interest-only payment prevents auction proceedings. If you are struggling to repay, call the lender proactively — most will restructure rather than auction.