Loans
Gold Loan Calculator
Computes the monthly EMI for a gold loan, typically a shorter-tenure secured loan against gold jewelry or coins.
Your details
₹
%
yrs
Monthly EMI
₹17,630
Total interest
₹11,557
Your EMI will be ₹17,630/month, with ₹11,557 total interest over 1 years.
Total₹2,11,557
- Principal₹2,00,000
- Total interest₹11,557
How this is calculated
Standard EMI formula: EMI = P × r × (1+r)^n / ((1+r)^n − 1).
Frequently asked questions
How much can I borrow against my gold?
Lenders typically finance up to a regulated maximum percentage of your gold's appraised value (the loan-to-value cap), which can change with RBI guidelines.
What happens if I can't repay?
The lender can auction the pledged gold to recover the outstanding amount — missing payments on a gold loan carries a direct risk to the pledged asset, not just your credit score.
Gold loan vs personal loan — which is cheaper?
Gold loans are typically cheaper since they're secured — if you have gold to pledge and need funds quickly, it's often less expensive than an unsecured personal loan.