Gold Loan EMI Calculator — Calculate Gold Loan EMI and Interest
Calculate EMI for gold loans from Muthoot SBI Manappuram and other lenders. Know how much loan you can get against your gold jewelry.
Gold loans are one of the fastest and easiest loans to get in India requiring minimal documentation and offering disbursement within 30 minutes. Banks and NBFCs lend 75-90% of the gold value at interest rates as low as 7-12%. For small business owners farmers and individuals needing emergency cash gold loans are cheaper than personal loans and much faster to process. Use our calculator to estimate your EMI based on gold weight current gold price and loan tenure.
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EMI Calculator
Key Information
| Parameter | Details |
|---|---|
| Gold Loan Interest Rate | 7% - 12% per annum |
| Loan-to-Value Ratio (LTV) | 75% of gold value (RBI limit) |
| Typical Tenure | 3 - 36 months |
| Processing Fee | 0.25% - 1% of loan amount |
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Use Calculator NowFrequently Asked Questions
How much loan can I get for 50 grams of gold?
At the current gold rate of approximately Rs 7500 per gram (24 karat) 50 grams of gold is worth about Rs 3.75 lakh. Banks can lend up to 75% of this value which means you can get a gold loan of approximately Rs 2.81 lakh. For 22 karat gold jewelry the per gram rate is slightly lower reducing the loan amount proportionally.
Is gold loan better than personal loan?
Gold loans are significantly cheaper than personal loans with rates of 7-12% versus 10.50-24% for personal loans. Processing is faster (30 minutes vs days) documentation is minimal and credit score has less impact on approval. The main disadvantage is the risk of losing your gold if you cannot repay and the loan amount is limited to 75% of gold value.
What happens if I cannot repay my gold loan?
If you fail to repay the gold loan EMIs the lender will first send reminders and charge late payment fees. After continued default typically 60-90 days the lender can auction your pledged gold to recover the outstanding amount. Any surplus after recovery is returned to you. To avoid losing your gold consider restructuring the loan or making partial payments.
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Last updated: 24 March 2026