Gold Loan Eligibility Calculator

Estimate your eligible gold loan amount from your gold's weight and purity, using RBI's current tiered LTV rules.

Your gold

Gold weight: 100g

Purity

Today's 24k gold rate per gram: ₹7,000

Estimated eligibility

Eligible loan amount

₹5.25 Lakhs

₹5,25,000

Gold value

₹7 Lakhs

₹7,00,000

LTV applied

75%

See the EMI on this amount →

Frequently asked questions

LTV (Loan-to-Value) is the percentage of your gold's market value that a lender can offer as a loan. RBI now uses a tiered structure effective April 2026: 85% for loans up to Rs 2.5 lakh, 80% for Rs 2.5-5 lakh, and 75% above Rs 5 lakh, replacing the earlier flat 75% cap for everyone.

Gold prices change daily, sometimes significantly, so this calculator asks for today's 24 karat rate per gram rather than using a fixed number that would quickly go stale. Check a reliable source (your bank, a jeweller, or a financial news site) for the current rate before calculating.

24 karat is pure gold. 22 karat jewellery is about 91.7% pure gold by weight, and 18 karat is 75% pure. This calculator adjusts the gold value for your jewellery's actual purity before applying the LTV percentage, since lenders value jewellery gold, not pure gold, at your karat's proportion of the 24k rate.

Yes, gold loans are typically unrestricted-use loans (unlike, say, a home loan), commonly used for emergencies, business needs, or short-term cash flow gaps, since they are quick to disburse and do not require income proof the way personal loans do.

The lender holds your gold as collateral until the loan is repaid. If you default, the lender can auction the pledged gold to recover the outstanding amount, after giving you notice as per RBI rules. Missing payments does not directly hurt your credit score the way it would with an unsecured loan, but it does mean losing your gold.

No, this is an eligibility estimate based on gold value and LTV alone. Lenders typically charge a processing fee (often 0.5% to 2% of the loan amount) and may deduct valuation or documentation charges, so your net disbursed amount can be slightly lower than the eligible amount shown here.

Related calculators

Gold loan LTV tiers follow RBI directions effective 1 April 2026 and may change again, verify the current cap before relying on this figure. Actual disbursed amount also depends on the lender's own valuation of your jewellery.

Gold Loan Eligibility Calculator

Estimate your eligible gold loan amount from your gold's weight and purity, using RBI's current tiered LTV rules.

Your gold

Gold weight: 100g

Purity

Today's 24k gold rate per gram: ₹7,000

Estimated eligibility

Eligible loan amount

₹5.25 Lakhs

₹5,25,000

Gold value

₹7 Lakhs

₹7,00,000

LTV applied

75%

See the EMI on this amount →

Frequently asked questions

Related calculators

Gold Loan Eligibility Calculator

Frequently asked questions

What is LTV and how does it affect my gold loan amount?

Why do I need to enter the gold rate myself?

What does purity (karat) change about my gold value?

Can I use a gold loan for any purpose?

What happens if I cannot repay my gold loan?

Does this calculator account for processing fees or valuation charges?

Gold Loan Eligibility Calculator

Frequently asked questions

What is LTV and how does it affect my gold loan amount?

Why do I need to enter the gold rate myself?

What does purity (karat) change about my gold value?

Can I use a gold loan for any purpose?

What happens if I cannot repay my gold loan?

Does this calculator account for processing fees or valuation charges?