Gold Loan Eligibility Calculator
Enter net gold weight and karat for each ornament, set today's 24K gold rate per gram and an indicative loan-to-value (LTV) to see an estimated maximum loan amount—similar to how bank gold loan eligibility screens work, in one place for planning.
Gold rate (planning)
Update this to match the fine-gold or 24K benchmark you track (newspaper, jeweller, or bank valuation reference). Karat on each row converts gross weight to fine gold before multiplying by this rate.
Loan-to-value (LTV)
Banks offer different LTV bands by scheme (for example retail vs agri gold loan). Adjust to match the product you are considering.
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Estimated max loan amount
₹6,87,500
Indicative gold value
₹9,16,667
Total fine gold (equiv.)
91.7 g
Gross weight entered
100.0 g
Gold value vs loan (at chosen LTV)
Indicative only. Actual gold loan eligibility depends on bank valuation, that day's rates, deductions for stones or impurities, processing charges, and policy limits—not modeled here.
Gold loan eligibility calculator for Indian borrowers
A gold loan eligibility calculator helps you relate pledged gold weight, karat, and gold rate to an approximate maximum loan amount before you visit a branch. Lenders apply LTV (loan-to-value) to the assessed value of your ornaments; retail and agriculture schemes can use different LTV bands. This page lets you model weight and purity row by row—like jewellery-wise lines on typical bank calculators—then apply one LTV to the total estimated value.
How we estimate eligible loan amount
For each row, we convert gross weight and karat into fine gold grams using fine = weight × (karat ÷ 24). We multiply total fine gold by your 24K gold rate per gram to get a single rupee value for the lot, then multiply by your chosen LTV percentageto show an indicative loan. That mirrors common “rate × purity × weight × LTV” logic used in gold loan planning, without tying you to any one institution's daily grid.
What to adjust for realistic planning
- Net weight: stones and non-gold parts are usually excluded from gold value—enter net weights if you know them.
- Karat: 22K and 18K are common; lower karat means less fine metal in the same weight.
- LTV: pick a percentage aligned with the product you expect (for example a standard gold loan versus a specialised scheme).
Frequently asked questions
How is gold loan eligibility calculated?
Eligibility is usually based on the value of pledged gold after purity adjustment, multiplied by the lender's loan-to-value (LTV) ratio. Fine gold weight equals ornament weight in grams multiplied by karat divided by 24. Estimated value equals fine gold in grams multiplied by the 24K gold price per gram you enter, summed across ornaments. Estimated maximum loan equals that value multiplied by LTV percentage.
What is LTV on a gold loan?
LTV, or loan-to-value, is the percentage of the gold's assessed value that the lender may lend. Regulatory limits and bank policies set how high LTV can go; your actual offer depends on the lender and product.
Why use 24K gold price per gram in this calculator?
Using a single 24K rupees-per-gram rate with karat-based fine gold adjustment keeps the math transparent: lower karat means proportionally less fine gold in the same weight. You can update the 24K rate to match the figure you use for planning.
What is net weight versus gross weight?
Net weight is the weight of gold after deducting non-gold parts such as stones or empty weight of settings where applicable. This calculator assumes the weight you enter is net gold weight for eligibility estimation.
Will the bank match this eligible amount exactly?
Not necessarily. Lenders use their own valuation, daily rates, margins, fees, and policy caps. This tool gives an indicative amount for comparison and planning, not a sanction letter.
Can I model multiple ornaments?
Yes. Add a row per ornament with its weight and karat. The calculator sums fine gold value across rows before applying LTV.
Does income affect gold loan eligibility?
Gold loans are primarily secured by collateral; lenders still check repayment ability and internal policy. This calculator only models collateral value and LTV, not income-based limits.
What karat values can I select?
You can choose common jewellery purities between 18K and 24K. Each row uses its karat to convert gross weight into fine gold equivalent before applying your 24K gold rate.