Gold Loan Calculator

Calculate the real cost of your gold loan — including all hidden fees and charges

Gold Details

Live Rate (22K)
/g
75%

Loan Terms

12%
12m

Loan Breakdown

Gold Market Value-
Maximum Eligible Loan-
Monthly Interest-
Total Interest Payable-
Total Fees & Charges-

Net Amount You Receive

-

What You Actually Get

Total Cost of Borrowing

-

Effective Interest Rate

0%

Frequently Asked Questions

How is the gold loan amount calculated?+

The loan amount is calculated based on the market value of your gold, its purity, and the LTV (Loan-to-Value) ratio set by the lender.

What are the hidden charges in a gold loan?+

Common hidden charges include processing fees (0.5-2%), valuation fees, stamp duty, documentation charges, insurance premium, and GST on all fees (18%). Our calculator accounts for ALL of these.

What is the effective interest rate?+

The effective interest rate is the true cost of borrowing when you include all fees. It is always higher than the advertised rate.

What LTV ratio do banks offer?+

As per RBI guidelines, the maximum LTV ratio for gold loans is 75%. Most banks offer 60-75% LTV.

Is this calculator free to use?+

Yes! Gold Loan Calc is 100% free. No registration required. All calculations happen in your browser.