Gold Loan Calculator
Estimate your gold loan eligibility and EMI based on gold value and LTV.
About this calculator
Gold loans are secured against jewelry or coins rather than income, so the amount you're eligible for depends primarily on the current market value of your gold and the loan-to-value ratio your lender applies, a regulator-capped percentage that determines how much of that value you can actually borrow against. This calculator applies Eligible loan = gold value × LTV%, using your gold's current market value and the lender's LTV ratio, to find your eligible loan amount, then computes the monthly EMI on that amount at your given interest rate and tenure using the standard amortizing-loan formula. Because gold loan tenures are typically short (months to a few years) and rates vary meaningfully across banks and NBFCs, this calculator helps you quickly check both how much you could borrow against a specific gold value and what the resulting EMI would look like, before visiting a lender to compare actual offers.
Worked example
₹3,00,000 gold value, 75% LTV, 9.5% rate, 12 months
Result: Eligible loan ≈ ₹2,25,000, EMI ≈ ₹19,700/month
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