Gold Loan Calculator
Calculate your gold loan amount, interest, and EMI with detailed repayment schedule
Loan Details
Enter your gold loan information
| Month | Principal | Interest | Payment | Balance |
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Gold Loan Calculator – Calculate Your Gold Loan EMI Instantly
Planning to take a gold loan but unsure about your monthly payments? The Gold Loan Calculator by EMI Wale helps you calculate your EMI, total interest, and repayment schedule in seconds.
Just enter your loan amount, interest rate, and tenure, and see how much you’ll pay each month — all in one place!
What is a Gold Loan Calculator?
A Gold Loan Calculator is an online tool that estimates your monthly EMI based on the amount you borrow against your gold.
It uses three key factors:
Loan Amount (₹) — Based on your gold’s value and purity
Interest Rate (%) — Depends on the lender and market rate
Tenure (Months) — The duration you plan to repay the loan
By adjusting these inputs, you can instantly find the ideal EMI that fits your budget and compare options before applying.
How to Use EMI Wale’s Gold Loan Calculator
Our free gold loan calculator is simple, accurate, and quick.
Follow these steps:
Enter your gold loan amount (e.g., ₹2,00,000)
Add your interest rate (e.g., 9% per annum)
Choose your loan tenure (e.g., 12 months)
The calculator shows your monthly EMI, total interest payable, and total repayment amount
You can modify the loan amount or interest rate to see how your EMI changes — helping you make smarter borrowing decisions.
Example: How Much EMI for ₹2 Lakh Gold Loan?
| Loan Amount | Interest Rate | Tenure | Monthly EMI | Total Interest | Total Payment |
|---|---|---|---|---|---|
| ₹2,00,000 | 9% p.a. | 12 months | ₹17,500 approx | ₹10,000 | ₹2,10,000 |
Tip: Longer tenures reduce EMI but increase total interest. Shorter loans save money overall.
Why Use EMI Wale’s Gold Loan Calculator?
Instant EMI Results – Get accurate EMI, interest, and repayment details instantly.
100% Free & Secure – No personal details or login needed.
Compare Lenders Easily – Adjust rates to see which bank or NBFC offers better deals.
Perfect for Planning – Know your repayment before applying.
Works on Mobile & Desktop – Fully responsive and lightweight.
Benefits of a Gold Loan
Quick Disbursal: Most banks provide funds within hours.
No Income Proof Needed: Gold value is the main security.
Lower Interest Rates: Usually cheaper than personal loans.
Flexible Tenure: From a few months to a few years.
No Credit Score Impact: Secured against your gold.
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Frequently Asked Questions
Q1. How is gold loan EMI calculated?
The EMI is calculated based on your loan amount, interest rate, and repayment tenure using the standard loan formula.
Q2. How much gold is needed for ₹1 lakh loan?
It depends on gold purity and LTV (loan-to-value ratio). Usually, 20–25 grams of 22K gold is enough for ₹1 lakh.
Q3. What is the current gold loan interest rate in India?
Interest rates vary between 8% to 13% per annum, depending on the lender, loan amount, and tenure.
Q4. Can I repay my gold loan early?
Yes, most lenders allow prepayment or foreclosure after a minimum lock-in period, often with minimal charges.
Q5. Is EMI Wale’s Gold Loan Calculator free to use?
Absolutely! It’s 100% free, secure, and doesn’t collect any personal data.