Gold Loan Calculator
Calculate gold loan EMI and maximum loan amount based on gold purity and weight.
Share:
₹10,000₹50,00,000
₹20,000₹1,00,00,000
7%24%
mo
LTV Ratio
62.5%
Monthly EMI
₹0
Total Interest
₹0
How is this calculated?
LTV (Loan-to-Value) = (Loan Amount / Gold Value) × 100. RBI mandates max 75% LTV for gold loans. The EMI is calculated using the standard reducing balance method. Gold loans typically have lower interest rates than personal loans because they are secured by physical gold.