Quick Answer
At 75% LTV (RBI maximum), 1 gram of 22K gold gets you a loan of about ₹8,113 today. Adjust weight, purity, and interest below for your exact amount.
Gold Loan Calculator — Per Gram Value & Bank Rates
Calculate how much gold loan you can get on your jewellery. Compare live interest rates from SBI, HDFC, Muthoot, Manappuram and more. Know RBI's LTV rules instantly.
Net weight of the pure gold content, excluding any decorative gems or stones.
Purity dramatically affects the per-gram valuation and final borrowing limits.
Current market value per gram of gold. Automatically set based on purity, but customizable.
Percentage of gold valuation that banks will lend. The RBI restricts maximum gold loan LTV to 75%.
Annualized interest rate charged by the bank or lender.
Period of time in months for which the gold remains pledged.
Breakdown of Loan vs Interest
Gold Loan Per Gram — Pre-calculated Values (10 October 2026)
| Gold Weight | 22K Market Value | Max Loan (75% LTV) | Monthly Interest @9% |
|---|---|---|---|
| 5 grams | ₹54,085 | ₹40,564 | ₹304 |
| 8 grams | ₹86,536 | ₹64,902 | ₹487 |
| 10 grams | ₹1,08,170 | ₹81,128 | ₹608 |
| 20 grams | ₹2,16,340 | ₹1,62,255 | ₹1,217 |
| 50 grams | ₹5,40,850 | ₹4,05,638 | ₹3,042 |
| 100 grams | ₹10,81,700 | ₹8,11,275 | ₹6,085 |
Based on 22K gold at ₹10,817/gram. Also see 10 grams, 20 grams, Bangalore, or Chennai pages.
Gold Loan Interest Rates by Bank — Comparison
| Bank / NBFC | Interest Rate (p.a.) | Max LTV | Processing Fee |
|---|---|---|---|
| SBI (State Bank) | 8.75–9.60% | 75% | 0.50% of loan |
| Federal Bank | 8.50–9.50% | 75% | 0.50% of loan |
| HDFC Bank | 10–16% | 75% | 1% of loan |
| Axis Bank | 13–14.5% | 75% | 1% of loan |
| ICICI Bank | 10–18% | 75% | 1–2% of loan |
| Muthoot Finance | 12–26% | 75% | Nil–1% |
| Manappuram Gold | 12–29% | 75% | Nil |
| IIFL Finance | 11–27% | 75% | Nil–0.5% |
| Kotak Mahindra | 10–17% | 75% | 1–2% of loan |
Rates as of 10 October 2026. Actual rates vary by gold quality, loan amount, and bank policy. SBI and Federal Bank offer the lowest rates if you can wait 2–3 days; Muthoot and Manappuram disburse within an hour.
RBI Gold Loan LTV Rules — What Changed?
⚠️ RBI Gold Loan Circular — Tiered LTV framework (in effect)
- Assess gold at the average of the last 30 days' gold price (not spot price) to limit over-lending
- Disclose LTV at the time of loan sanction in the loan agreement
- For loans > ₹2,00,000: mandatory end-use declaration by borrower
- Limit gold ornament loans for agriculture to ₹2 lakh at 75% LTV; higher amounts require crop loan documentation
- NBFCs must not grant loans against gold coins and gold bars — only jewellery
Source: RBI Master Direction — Gold Loan. Always verify with your bank for the latest applicable rules.
Frequently Asked Questions
How much gold loan can I get per gram?
For 22K gold at current rates (~₹10,817/gram), you can get approximately ₹8,113 per gram at 75% LTV. For 24K gold (~₹11,800/gram), the maximum is ~₹8,850 per gram. Rates change daily with gold prices.
20 gram gold par kitna loan milta hai?
20 grams of 22K gold can get you a loan of about ₹1,62,260 at 75% LTV (20 × ₹8,113 per gram). Higher purity 24K gold gets ₹1,77,000. Actual approved amount depends on your lender and the jewellery's condition.
10 gram gold loan kitna milega?
10 grams of 22K gold fetches roughly ₹81,130 at 75% LTV. SBI aur Federal Bank lowest interest rate (8.5–9.6%) dete hain; Muthoot aur Manappuram turant 1 ghante mein disbursement karte hain.
Which bank gives the best gold loan interest rate?
SBI and Federal Bank offer the lowest gold loan interest rates at 8.50–9.60% p.a. However, they take 2–3 days for processing. If you need instant disbursement (within 1 hour), Muthoot Finance and Manappuram are better options despite charging 12–29%.
What is LTV (Loan-to-Value) ratio in gold loans?
LTV is the percentage of your gold's market value that the bank will lend you. RBI caps this at 75% for all gold loans in India. Example: Gold worth ₹1,00,000 → max loan = ₹75,000. Banks may offer lower LTV depending on their internal policy.
How is gold loan interest calculated?
For simple interest (bullet repayment): Monthly Interest = Loan Amount × Annual Rate ÷ 12. Example: ₹5,00,000 loan at 9% p.a. = ₹5,00,000 × 9 ÷ 1200 = ₹3,750/month. For EMI-based loans, use our EMI calculator.
Does CIBIL score matter for gold loans?
No. Gold loans are secured loans — the gold itself is the collateral. Banks do not require a minimum CIBIL score to sanction a gold loan. This makes gold loans ideal for people with no credit history or poor CIBIL scores who need emergency funds.
Can I get a loan on 24K gold coins and bars?
Banks can lend against 24K gold, but RBI guidelines prohibit NBFCs (like Muthoot, Manappuram) from lending against gold coins and bars — they can only accept jewellery. Government minted gold coins up to 50 grams are exempt from this rule at some lenders.
Gold loan per sovereign / pavan kitna milta hai?
In South India, gold is quoted per sovereign or pavan (= 8 grams). At current 22K rates, 1 pavan gets you roughly ₹64,904 at 75% LTV. Tamil Nadu lenders may quote per-sovereign; ask for the per-gram equivalent to compare across banks.
Other Related Tools
EMI Calculator
Calculate loan EMIs, interest payouts, and monthly schedules.
SIP Calculator
Estimate mutual fund returns over time via monthly investments.
GST Calculator
Add or remove Indian GST with customizable tax slabs.
Fixed Deposit (FD) Calculator
Determine maturity amounts and interest earned on FDs.
PPF Calculator
Calculate Public Provident Fund maturity returns.
NPS Calculator
Estimate pension corpus and monthly payouts.
Gratuity Calculator
Calculate payable corporate gratuity payouts.
Recurring Deposit (RD) Calculator
Calculate returns on regular monthly RD investments.
Home Loan Eligibility
Estimate eligible loan amounts based on salary.
Stamp Duty Calculator
Calculate property registration stamp fees by state.
Personal Loan Calculator
Plan short-term unsecured personal loan EMIs.
Car Loan Calculator
Calculate monthly payments for vehicle loans.
Education Loan Calculator
Plan student loan interest and moratorium schedules.
Mutual Fund Returns
Estimate absolute, annualized, and CAGR returns.
Loan Tenure Calculator
Calculate how long it takes to clear outstanding loans.
Prepayment Calculator
Find out how much interest you save via prepayments.
Retirement Planner
Plan savings needed for post-retirement life.
Net Worth Calculator
Tally your assets and liabilities to find net worth.
Dividend Calculator
Estimate dividend yield and passive stock income.
CIBIL Score Explainer
Learn how score ranges impact loan approvals.
Rental Yield Calculator
Calculate gross and net annual rental yield.
Rent vs Buy Calculator
Compare renting costs vs buying a house.