Why Use Our Gold Loan Calculator?
Real-Time Estimates
Calculate your loan eligibility based on current market gold prices and the specific purity of your gold. Our tool provides instant feedback so you can plan your finances better.
Customizable LTV
Different lenders offer different Loan-to-Value (LTV) ratios. Our calculator allows you to adjust this percentage to see how it affects your maximum loan amount.
Purity Support
Whether you have 22K or 24K gold, our tool correctly adjusts the valuation to give you a realistic estimate of the loan you can receive.
Frequently Asked Questions
What is LTV in a gold loan?
LTV stands for Loan-to-Value. It is the percentage of the gold's total value that a lender is willing to give as a loan. In India, RBI usually caps this at 75%.
How is the loan amount calculated?
It's calculated as: (Gold Weight × Current Gold Price for that Purity) × LTV Percentage. Our tool automates this for you.
Does the gold price include GST?
Usually, gold loan valuations are based on the market price of gold excluding GST. You should enter the price accordingly.
Are stones or gems included in weight?
No, lenders only consider the weight of the actual gold. You should subtract the estimated weight of any stones before using the calculator.