Gold Loan Calculator: Value, Loan Amount and EMI
Estimate gold value from net weight, purity and your lender’s gold price. Compare reducing-balance EMI and simple-interest bullet repayment.
Your inputs
INR. Example valuation and LTV are hypothetical; replace both with the lender’s current terms.
Your result
Enter your values, then choose Calculate.
Estimate based on your inputs. Fees, taxes and market changes are included only where explicitly entered.
Calculation breakdown
Method, assumptions and worked example
Estimated metal value = net eligible gold weight × purity ÷ 24 × entered 24K valuation per gram. Estimated loan = metal value × lender-approved LTV ÷ 100. Remove stones and non-gold parts from weight. Use the lender’s eligible valuation, not the jewellery retail invoice including making charges.
Compare two repayment structures
Monthly EMI uses interest on the declining outstanding balance. The simple bullet illustration keeps the whole principal outstanding and uses principal × annual rate × months ÷ 12, repaid with principal at maturity. It excludes compounding and fees; a lender’s bullet contract can work differently.
Worked example
At a hypothetical 24K valuation of ₹9,000 per gram, 20 grams of 22K eligible gold has metal value ₹1,65,000. At an entered 70% LTV, estimated principal is ₹1,15,500. At 12% for 12 months, simple bullet interest is ₹13,860 and maturity payment ₹1,29,360.
The example price and LTV are inputs, not a live gold price or regulatory entitlement. A lender must assess purity, eligibility, applicable limits, tenure and charges. EMI, flat-interest and bullet quotations must be compared on the same repayment basis.
Frequently asked questions
Is this a guaranteed eligible loan amount?
No. It estimates an amount from your inputs. The lender’s assessment and applicable lending limits determine actual eligibility.
Can I use an advertised 22K price directly?
The input expects a 24K price because the formula adjusts for purity. Entering a 22K price and also selecting 22K would apply the purity adjustment twice.
Sources and review
Formula and content reviewed on 9 October 2026. Examples are hypothetical. Tax years and model limits are stated above; this page does not receive live rates.