Calculate Your Gold Loan Amount
With a Gold Loan Amount Calculator, you can instantly know how much loan you are eligible for based on the weight and purity of your gold ornaments, current gold price, and the lender’s Loan-to-Value (LTV) ratio.
WEIGHT IN GRAMS
Amount
GOLD CARAT
Loan Tenure
Interest Rate
Key Components That Affect Your Gold Loan Amount
Primary Factors
- Gold Weight: The total weight of your ornaments directly impacts the loan amount.
- Gold Purity: The carat of your gold (e.g., 18K, 22K, 24K) determines its value. Higher purity fetches a higher loan amount.
- Current Gold Price: The prevailing market price per gram of gold is a crucial factor in calculating loan eligibility.
- LTV Ratio: As per RBI guidelines, lenders can offer up to 75% of the gold’s value as a loan.
- Type of Collateral: Only jewellery and ornaments are accepted. Coins minted by banks are allowed up to 50 grams per customer. Bars and non-bank coins are excluded.
- Lender’s Policy: Different lenders may have varying LTV ratios, processing fees, and valuation methods.
- Economic Conditions: Fluctuations in gold prices, inflation, and RBI policy rates can indirectly affect the loan amount you qualify for.
Benefits of Using a Gold Loan Amount Calculator
- Instant Eligibility Check: Know exactly how much loan you can get against your ornaments.
- Accurate Valuation: Get precise loan amounts based on current gold prices and purity.
- Financial Planning: Helps you decide how much jewellery to pledge for your required loan amount.
- Time Saving: Avoid manual calculations and branch visits.
- Transparency: Clear breakdown of valuation, LTV ratio, and eligible loan amount.
Why Choose Poonawalla Fincorp’s Gold Loan Amount Calculator?
- User-Friendly Interface: Simple design for quick calculations.
- Instant Results: Get accurate loan eligibility in seconds.
- Customizable Inputs: Enter gold weight, purity, and ornament type easily.
- Transparent Breakdown: Clear view of valuation and loan eligibility.
Frequently Asked Questions
Loan value = Weight of gold (in grams) × Purity × Current price of gold per gram × LTV ratio
Enter the weight and purity of your ornaments, along with the current gold price. The calculator will instantly show the maximum loan amount you can avail.
For 10 grams of 22-karat gold jewellery, you can generally get a loan of approximately ₹35,000 to ₹45,000+, depending on the daily gold rate and lender's Loan-to-Value (LTV) ratio, which is typically up to 75%–85% of the market value. The final amount depends on the purity, weight (excluding stones), and 30-day average price.
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Gold bars: Not accepted.
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Coins: Only coins minted by banks are accepted, with a typical limit of 50 grams per customer.
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Jewellery/ornaments: Fully accepted for valuation.
Many lenders in India offer gold loan, but Poonawalla Fincorp stands out with loan amounts up to ₹50 lakhs, starting at 11% p.a.