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Credit & Loans

Gold Loan Calculator

Calculate the loan amount available against your gold ornaments at different LTV ratios.

Gold Loan Calculator — Calculate the loan amount available against your gold ornaments at different LTV ratios. Use FinWiz24's free gold loan calculator for accurate results.

Formula

Loan = Gold Value × LTV%

Gold Weight (g), Gold Price/g, LTV %

Results

Enter values above to see results

Formula

Loan = Gold Value × LTV%

Gold loan eligibility is based on the gold weight, purity, and current gold price. Banks offer LTV (Loan to Value) up to 75% for gold ornaments. Interest rates are lower than personal loans but gold is at risk of valuation fluctuation.

Example

A gold loan against 50 grams of gold at ₹7,000/gm with 75% LTV

Input Values

Gold Weight (grams)₹50.00
Gold Price per gram (₹)₹7,000.00
LTV (%)₹75.00

Calculation

Applying the formula with the input values above:

Results

Eligible Loan Amount

₹2,62,500.00

How to Use This Calculator
  1. 1Enter the total weight of gold ornaments you are pledging (in grams).
  2. 2Input the current gold price per gram (check market rates).
  3. 3The LTV (Loan to Value) for gold loans is up to 75% per RBI guidelines.
  4. 4Compare interest rates across banks and NBFCs (8-16% p.a. typically).
  5. 5Gold loans are quick (24-48 hours) and require minimal documentation.