Tools
Gold Loan Calculator

Gold Loan Calculator

A Gold loan calculator is a tool used to estimate the amount of money that can be borrowed against gold jewellery or ornaments. Also find out Gold Loan EMI with the help of this gold loan calculator.
STEP 1
Enter gold weight
grams
GET MAXIMUM VALUE
Get money instantly in your account
Check the value of your gold and claim your cash now!
Pre Approved Loan

GETTING A GOLD LOAN IS A TEDIOUS AND TIME CONSUMING PROCESS, ISN'T IT?

Well it turns out that we at indiagold has a solution for your problem. Now you can get Gold loans processed and disbursed instantly.

0.8% RATE OF INTEREST PER MONTH
HASSLE FREE DISBURSAL PROCESS
MONEY TRANSFER IN JUST 30 MINUTES*
100% FREE INSURANCE ON YOUR GOLD
Cover
APPLY ONLINE FOR GOLD LOAN
Gold Loan starting @ 0.8% per month

+91

You will receive a call from our Relationship Manager
Why choose

Trusted by over 20 Lakh customers, indiagold provides instant gold loans across India

Hassle Free Online Repayments

Hassle Free Online Repayments

Quick release guarantee

Quick release guarantee

High Loan Amount for your Gold

High Loan Amount for your Gold

Quick & Instanst Disbursal

Quick & Instanst Disbursal

Get gold loan in 3 easy steps
STEP 1
Request for a new loan

Contact us or give a missed call at  1800-123-999-888. Book a free appointment with our Relationship Manager.

Missed Call
STEP 2
Get money in 30 mins

Our relationship manager will contact you to verify your requirements and schedule an appointment to process your gold loan application.

Missed Call
STEP 3
Gold stored in bank vaults

Your gold is 100% insured and indiagold's responsibility. You can close your loan or pay your EMI directly from the indiagold app.

Missed Call
Cover
APPLY ONLINE FOR GOLD LOAN
Gold Loan starting @ 0.8% per month

+91

You will receive a call from our Relationship Manager

Lending partners

HDFCAXISShivalik
map

Benefits of Gold Loan Calculator

There are several benefits of using a gold loan calculator, including:

Quick and easy calculation: A gold loan calculator makes it easy to calculate the loan amount against gold jewellery or ornaments. It saves time and effort that would be spent on manual calculations.
Accurate estimation: A gold loan calculator provides an accurate estimate of the maximum loan amount that can be obtained against the gold collateral. It takes into account the weight and purity of the gold, as well as the prevailing market value, to provide a reliable estimate.
Comparison of loan options: A gold loan calculator can be used to compare different loan options from different lenders. By inputting the same information into multiple calculators, you can compare the loan amounts, interest rates, and other terms and conditions offered by different lenders.
Financial planning: A gold loan calculator can help you plan your finances better by providing an estimate of the amount you can borrow against your gold jewelry or ornaments. This can help you decide whether a gold loan is the right option for you, and how much you can afford to borrow.
Transparency: A gold loan calculator provides transparency in the loan calculation process, and helps you understand the various factors that influence the loan amount. This can help you make more informed decisions about your finances, and avoid any surprises or hidden costs later on.

Features of Gold Loan

Attractive interest rates:
As gold loans are secured loans, they are subject to lesser interest rates as compared to other types of loans
Loan-to-value (LTV):
The LTV ratio is 75% maximum, capped by the Reserve bank of India (RBI). For example, if you pledge gold worth Rs 1 Lakh, you can get a maximum of Rs 75,000 as Gold Loan.
Lesser processing fees:
The processing fees of gold loans is very less.
No foreclosure charges:
There are no foreclosure charges or prepayment penalty on paying the loan amount before the loan tenure, as compared to other loans
No credit score requirement:
Since gold loans are backed by gold or gold ornaments as collateral, there is no requirement for credit scores. Even though people with lesser credit scores can get these types of loans.

Factors affecting Gold Loan interest Rate

Gold loan interest is typically calculated as a percentage of the loan amount, and it varies depending on the lender, the loan amount, and the prevailing market conditions. The interest rate is usually calculated on an annual basis, but is often expressed as a monthly rate for ease of understanding.

The interest rate for a gold loan is based on several factors, including:

Loan amount: The interest rate may be higher for larger loan amounts, as the lender may perceive larger loans to be more risky.
Loan tenure: Longer loan tenures may be associated with higher interest rates, as the lender is exposed to more risk over a longer period of time.
Gold purity: The purity of the gold used as collateral can also affect the interest rate. Lenders may offer lower interest rates for higher-purity gold, as it is considered to be more valuable and easier to sell.
Market conditions:
A gold loan calculator provides transparency in the loan calculation process, and helps you understand the various factors that influence the loan amount. This can help you make more informed decisions about your finances, and avoid any surprises or hidden costs later on.

Once the interest rate is determined, the interest is calculated by multiplying the loan amount by the interest rate and dividing it by the number of months in the loan tenure. For example, if the interest rate is 10% per annum and the loan tenure is 12 months, the monthly interest rate would be 0.83% (10%/12). If the loan amount is Rs. 1,00,000, the monthly interest would be Rs. 830 (1,00,000 x 0.83%/month).
Cover
BOOK AN APPOINTMENT
Appointments at your convenience

+91

You will receive a call from our Relationship Manager

20,00,000

Happy Customers

23,500

Super Agents

1,20,000

gms of Gold Sold

11,500

24k Gold Coins Sold

DOWNLOAD OUR APP
play-store app-store
*24% Annual Rate Of Interest. Only in certain Geographies and with certain lenders. T&C Apply.

^ Indicative time measured for a loan of Rs 50,000 carried under controlled conditions.

Representative Example: If the loan amount is ₹100,000 and a customer selects indiagold plan with interest rate 9.24% per annum; & if the customer pays only the interest every 30 days for the next 180 days, then the overall calculated interest payable would be ₹4620 only (₹770 per month). So, Total cost of the loan would be (Principal + Interest): ₹1,04,620. The customers get the convenience to pay the principal balance anytime within 180 days tenure.

Minimum period of repayment is 61 days and Maximum period of repayment is 12 months. Effective monthly interest rate post rebate in Regular Rebate Max Value Scheme with Loan Tenure of 6 months

Contact Information (Registered Office): 5th Floor, Holly Hocks Pvt Ltd, Plot #64, Sector 44, Gurgaon, Haryana, 122002. Phone Number: 080-68495878, 080-45305174

Foreclosure charges and Processing fees could be levied on some of the loan schemes as per the KFS and the loan documents signed at the time of loan sanctioning

We don't offer personal loans which require repayment in full in 60 days or less from the date the loan is issued. Subject to the necessary KYC and verification. T&C apply

Maximum Annual Rate Of Interest is 24%. For any queries, you can email us at support@indiagold.co. For any escalations, you can write to our Grievance Officer at compliance@indiagold.co.

DISCLAIMER: Flat White Capital Pvt. Ltd. (indiagold) partners with regulated financial institutions such as banks & NBFCs & is not a bank or NBFC itself nor does it hold or claim to have a banking or NBFC license.