Gold Loan Calculator

Estimate your loan amount, repayment options, and interest rates with a gold loan calculator to plan your financial journey better.

What is a gold loan calculator?

A gold loan calculator is an online tool that helps you estimate the total interest payable (Annually) that maybe charged when you pledge your gold. By entering key details, such as expected loan amount, gold loan interest rate (% per annum) and repayment option, the calculator uses prevailing gold rates to determine the total annual interest payable by you. This tool gives insights into the applicable total annual interest that might be applicable to avail loan on gold jewellery, helping you understand your financial capacity before applying for a loan.

For example, if you are unsure how much annual interest will be applicable to avail a loan on your gold jewellery, a gold loan calculator can provide an estimate, making the process quicker and more efficient. It also helps you explore different scenarios, such as varying loan amounts, interest rate (% per annum) and repayment options.

By using a gold loan calculator, you can better plan your finances and avoid surprises. For a more detailed breakdown and calculations, you can access the Gold Loan Calculator by Bajaj Finance. This helps you make informed decisions about using your gold jeweller as collateral, while ensuring a smooth borrowing experience.

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How to use a gold loan calculator?

Using a gold loan calculator is a straightforward process that helps you estimate the total annual interest payable by you. Here’s how you can use it:

  • Loan amount

    Enter preferred loan amount which you may receive by pledging your gold jewellery with the Lender.

  • Interest Rate (% p.a.)

    Specify the annual interest rate as specified by the Lender.

  • Repayment option

    Specify the repayment frequency.

  • Results

    This Calculator can estimate the total annual interest payable and approximate weight of gold jewellery required to avail the said loan based on your above inputs along with the current market price of gold (per gram)

This tool assists in making informed decisions about using your gold jewellery to avail a loan by offering a clear estimate of your financial potential.

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Benefits of availing a gold loan

When you opt for a gold loan, you can avail a range of advantages:

  • Quick access to funds

    You'll appreciate the swift approval process of gold loans, ensuring you get the funds you need without delay.

  • Lower interest rates

    Enjoy the benefit of lower interest rates compared to other loan types, saving you money in the long run.

  • Multiple repayment options

    Tailor your repayment schedule to fit your financial situation, giving you peace of mind as you repay the loan at your own pace.

  • High loan amount

    With your gold assets as security, you can access higher loan amounts without the pressure of needing a high credit score.

  • Accessibility

    Even if you have a lower credit rating, you can still access a gold loan, making it a viable option for various financial situations. Though for a gold loan of Rs. 5 lakh or above, you will be asked to submit your PAN card.

  • Preservation of ownership

    Throughout the loan period, you retain ownership of your gold jewellery, ensuring their security and your financial stability. Once the loan is paid in full, the gold returned to you.

Opting for a gold loan grants you quick access to funds, competitive interest rates, multiple repayment terms, accessibility, and the preservation of your valuable gold jewellery. Additionally, utilising a gold loan calculator can help you accurately assess loan amounts and repayment schedules, ensuring you make informed financial decisions tailored to your needs. This combination of benefits makes a gold loan a wise choice for fulfilling your financial requirements.

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Advantages of using a gold loan calculator

Utilising a gold loan calculator offers numerous advantages:

  • Loan estimate

    Quickly obtain an estimate of the loan amount you can secure based on your loan amount, interest rate (% per annum), repayment options.

  • Financial planning

    Plan your finances more effectively by understanding your potential loan amount, aiding in better budgeting.

  • Interest rates

    Calculate the total annual interest payable by you as per chosen frequency, facilitating clearer financial management.

  • Time saving

    Avoid manual calculations and save time with the calculator's swift results.

  • Comparison

    Easily compare various loan options to identify the most suitable one for your needs.

In summary, a gold loan calculator simplifies the loan application process, enhances financial decision-making, and empowers borrowers to plan their financial journey more effectively.

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Gold loan eligibility criteria

Any Indian citizen between the ages of 21 and 70, is eligible to apply for a gold loan from Bajaj Finance. With our gold loan calculator, you can assess the loan amount you qualify for, considering the weight and purity of your gold jewellery. You only need your gold loan basic KYC documents and 18-22 karat worth of gold jewellery to avail of the loan.

How does a gold loan calculator work?

Navigating the Gold Loan Calculator is a breeze, ensuring a seamless user experience. Simply follow these steps:

  1. Loan amount
    Enter the amount you would like to borrow by pledging your gold jewellery. This helps determine how much gold you need to provide, based on its purity and the current market value.

  2. Interest rate (per annum)
    Input the interest rate charged annually by the lender. This rate affects the total cost of the loan and helps calculate how much interest you will need to pay over the loan term.

  3. Repayment option
    Select how often you plan to make repayments—whether monthly, quarterly, half-yearly, or annually. Choosing the right repayment frequency can help you manage your finances better.

  4. Results
    Based on your entries and the prevailing gold rate per gram, the calculator will estimate the total annual interest payable. It will also provide an approximate weight of gold jewellery required to secure the loan amount you selected. This gives you a clear idea of how much gold you need to pledge and what the loan will cost over time.

Plan your monthly instalments better using our loan EMI calculator. An EMI calculator is an essential tool for efficiently planning your loan repayments. It helps you understand your monthly instalments, ensuring better financial management and informed borrowing decisions.

How to calculate gold loan per gram rate for maximum borrowing


Calculating the gold loan per gram rate is essential to determine the maximum amount you can borrow. The gold loan per gram rate today depends on the current market price of gold and the lender’s policies. To calculate the gold loan amount per gram, you need to know the purity of your gold and the prevailing gold loan rate per gram today.

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Frequently Asked Questions

What is the eligibility criteria for gold loans?

The gold loan eligibility criteria are straightforward. Any Indian citizen between the age of 21 years to 70 years in possession of 18-22-karat gold jewellery can apply for this loan. Borrowers are not required to maintain a high credit score or an impressive credit history. However, lenders may focus on repayment capacity and documentation before approving the loan.

What is a gold loan calculator?

A gold loan calculator is an online tool that allows prospective borrowers to get a better understanding of their liabilities. Online calculators have different fields, where individuals need to enter information such as net weight of the gold articles, and loan amount to determine the monthly instalments payable.


Online gold loan calculators also offer better insight into a particular loan offer through an amortisation schedule. This schedule provides a detailed break-up of the interest payable throughout the tenure.


Note: Gold loan calculators are free to use.

What are the benefits of a gold loan calculator?

The benefits of a gold loan calculator include:

  • Faster calculation: It delivers swift results. On entering the required values, it will provide details about the loan components instantly.
  • Accurate results: Loan details can be computed manually. However, manual calculations are time-consuming and leave room for errors. With this online gold loan calculator, such issues can be easily avoided. Users get accurate results every time, with any value entered.
  • Easy to use: It is easy to use and navigate an online gold loan calculator. It has specific fields for entering different loan details including interest rate, the weight of gold jewellery, payment method, and tenure. It then displays the results.
  • Financial planning: This calculator also helps with financial planning. Since it provides details about repayments and interest payments beforehand, users can plan better.

Apart from these, the customisation facility offered by this calculator helps to find the perfect gold loan offer without any hassle.

What is a gold loan per gram?

You must pledge your gold jewellery with a lender, such as a bank or NBFC, in order to apply for a gold loan. Gold loan per gram refers to the amount given as a loan for every gram of gold that is pledged. This amount usually differs from lender to lender.

What is the rate of gold loan per gram at Bajaj Finance?

The gold loan per gram rate changes daily as per market value of one gram gold. This is referred to as LTV or loan-to-value ratio. For example, if the LTV is 70% and the value of the pledged gold is worth Rs. 1 lakh, a borrower will get a loan of Rs. 70,000. Bajaj Finserv offers LTV ratio of up to 75% on gold loans. Since the gold loan per gram rate today will vary based on market fluctuations, the rate of per gram of gold changes daily. Click here to check today’s gold loan per gram rate at Bajaj Finance.

How much loan can I get for 1 gram of gold?

The loan amount you can get for 1 gram of gold varies depending on factors like purity, market value, and lender policies. You can use a gold loan calculator to determine the precise loan amount you qualify for based on your gold's details.

How to calculate gold loan rate?

Gold loan rates are typically calculated based on the Loan-to-Value (LTV) ratio, which determines the percentage of the gold's value that can be borrowed. Factors like gold purity and market rates influence this. Lenders offer tools like gold loan calculators for precise rate estimations.

What factors affect the repayments of a jewel loan?

The repayment schedule of a jewel loan is influenced by factors such as the loan amount, interest rate, and repayment tenure. Additionally, fluctuations in gold prices and prevailing market conditions can impact the loan-to-value ratio, affecting the repayment amount.

What is the maximum loan amount I can get per gram of gold?

The maximum loan amount per gram of gold depends on the gold loan rate per gram today and the purity of your gold. Typically, lenders offer up to 75% of the gold’s value.

Does the gold rate per gram affect the loan interest rate?

Yes, the gold rate per gram can influence the loan interest rate, as higher gold prices may lead to lower interest rates due to increased collateral value.

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