Gold Loan: Eligibility + EMI/Bullet
Last updated: September 2026.
Pure-gold value
₹6,87,500
50g × 22k (91.7%)
Max eligible loan
₹5,15,625
75% (above Rs. 5L)
Monthly EMI
₹45,332
12 months @ 10%
💡 Good to know: cheap gold loans at village banks
Indian Bank's Jewel Loan runs at 8.50–8.80% with zero processing fee — far cheaper than NBFC rates of 9–27%. In rural areas like Odisha, ask at a public-sector bank branch.
Farmers should ask for the 'Agricultural Jewel Loan' — rates from 7% with KCC linkage and nil fees are possible. Don't take the retail jewel loan.
Sources: indianbank.bank.in (Jewel Loan rate page) · RBI gold-collateral Directions 2025. Rates change — verify at branch.
How to use this calculator
- Enter gold weight, purity and today's 24k rate — or type directly.
- Pick bank or NBFC: banks get tiered LTV (85/80/75), NBFCs stay flat 75%.
- Choose EMI or bullet (max 12 months) and see eligible amount and dues.
What is this tool?
A gold loan gives quick cash against your jewellery without selling it. This calculator finds your pure-gold value, applies the correct RBI LTV slab (85/80/75 for banks, flat 75% for NBFCs), and shows EMI or bullet dues. Use it before pledging gold anywhere.
What lenders don't tell you (gold loans)
Small loans get more: up to Rs. 2.5 lakh pledges fetch 85% at banks. Above Rs. 5 lakh it drops to 75% — and NBFCs pay flat 75% at any slab.
LTV is policed through the tenure, not just at sanction. If gold prices fall, the lender can demand top-up or part-payment.
Bullet loans end in one shot within 12 months. Only intrinsic gold value counts — stones don't. Auction surplus, if any, must come back to you.
Read the full Real Loan & EMI Guide →
This tool gives an estimate for guidance only. It is not financial advice. Confirm rates and LTV with your lender and RBI rules before deciding.
Common gold-loan questions
How much loan on 50g of 22k gold?
Pure-gold value first (50g × 22/24 × rate), then the tier: 85% if the loan stays under Rs. 2.5 lakh at a bank, flat 75% at NBFCs. Try your numbers above.
EMI or bullet — which is better?
EMI suits salaries; bullet suits lump-sum income (harvest, bonus) but must end within 12 months with full interest. Compare both above.
What if gold prices fall during my loan?
The lender can ask for top-up or part-payment to restore LTV. Keep a buffer — don't borrow the absolute maximum.