Gold Loan Calculator India — Loan Against Gold EMI & Interest 2026

Last updated: 29 April 2026 Reviewed by Arjun Mehta, CA

A **gold loan** allows you to pledge your gold ornaments or coins and get instant funds — typically 75–85% of the gold value. Gold loan interest rates range from 7% p.a. at banks to 28–29% at NBFCs. They are ideal for short-term emergencies due to quick disbursal (30 minutes) but can be expensive if held for long periods.

Gold Loan Amount (₹) Total gold loan amount

Interest Rate (% p.a.) Annual interest rate

Loan Tenure (Months) Repayment period in months

Monthly EMI —

Total Interest Payable —

Total Payment —

View Year-by-Year Breakdown

Real-World Examples — 2026

₹20 lakh gold loan at 8.5% for 20 years

A ₹20 lakh gold loan at 8.5% p.a. over 20 years results in an EMI of approximately ₹17,357. Total interest paid over the term is ₹21.66 lakh — making total cost ₹41.66 lakh.

₹50 lakh gold loan at 9% for 15 years

Borrowing ₹50 lakh at 9% for 15 years gives an EMI of ₹50,713. Total interest is ₹41.28 lakh. Reducing tenure to 10 years cuts total interest to ₹26.03 lakh, saving ₹15.25 lakh.

Frequently Asked Questions

How accurate is the Gold Loan Calculator?

The Gold Loan Calculator uses standard financial formulas. Results are indicative; actual figures depend on your lender or financial institution's policies.

Is the Gold Loan Calculator free to use?

Yes, the Gold Loan Calculator on CalcPhi is completely free with no registration required.

Are my data inputs stored?

No. All calculations happen in your browser. We do not store any of your financial data.

How often are the Gold Loan Calculator rates updated?

Rates in examples are updated periodically to reflect current market conditions. Always verify with your bank or advisor.

Can I use the Gold Loan Calculator on mobile?

Yes. CalcPhi is fully mobile-optimised. The calculator works on all modern smartphones and tablets.

Who should use this calculator?

Anyone in India planning their finances can benefit from the Gold Loan Calculator. It's designed for both beginners and experienced investors.