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Gold Loan Eligibility Calculator
Result
Chart
Show formula & working
Value = (Gross weight − deductions) × (Carat ÷ 24) × 24K rate per gram
Loan ≤ Value × LTV, where LTV is 85% up to ₹2.5 lakh, 80% above ₹2.5 lakh up to ₹5 lakh, 75% above ₹5 lakh
For bullet loans the amount repayable at maturity (loan + interest) must fit within the LTV.Details
RBI loan-to-value ceilings for consumption loans against gold: rates and rules as of 01-Oct-2026 · Source: RBI (Commercial Banks – Credit Facilities) Directions, 2025 (updated as on 1 October 2026), Chapter IV, paragraphs 34 and 39–45. Every figure based on it stays editable.
How this works
A gold loan is secured by your jewellery or coins. The lender values only the gold content — weight after deducting stones, adjusted for purity — at a reference price.
RBI sets the most a lender can lend as a share of that value, and the share falls as the loan gets larger. For a bullet loan, the interest due at the end is counted too, so you can borrow a little less.
Frequently asked questions
What price does the lender use?
The lower of the 30-day average closing price and the previous day's closing price for that purity, as published by IBJA or a SEBI-regulated commodity exchange.
Is there a limit on how much gold I can pledge?
Yes. RBI limits pledged gold ornaments to 1 kg and gold coins to 50 g per borrower, across all loans.
How long can a bullet gold loan run?
Up to 12 months for consumption loans; it can be renewed after the interest is paid.
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