Gold Loan Per Gram Calculator: Check Loan Amount (2026)

🏦 Gold Loan Calculator (Eligibility Check)

Check Max Loan Amount & Monthly Interest

Gold Weight (Grams):

Today's Rate (24K/10g):

Purity (Karat): 22K (Standard Jewelry) 18K (Diamond/Stones) 24K (Coins/Bars)

Interest Rate (% P.A.): SBI: ~9% | Muthoot: ~12-24%

Max Loan: ₹ 0

(LTV Ratio: 75% of Gold Value)

Total Gold Value:₹ 0

Monthly Interest (EMI):₹ 0

📝 Guide: How to Get Max Loan?

1 Enter Weight: Put the net weight of gold (excluding stones/beads).

2 Select Purity: Choose 22K for regular jewelry. 18K gives lower loan amount.

3 Enter Interest: Compare rates - SBI is cheaper (8.5%), NBFCs are faster (12%+).

4 Result: See the 75% LTV Limit (RBI Rule) and your monthly interest cost.

Gold Loan Per Gram Calculator: SBI vs Muthoot Interest Rate (2026)

In times of financial emergency, a Gold Loan is the fastest way to get cash. However, banks like SBI, HDFC, and NBFCs like Muthoot Finance have different "Per Gram Rates". Use our Gold Loan Eligibility Calculator to check exactly how much cash you can get against your jewelry.

1. RBI Rule: LTV Ratio (75% Limit)

The Reserve Bank of India (RBI) mandates that banks can lend only up to 75% of the Gold's Market Value.

Example: If your gold is worth ₹1 Lakh today, the maximum loan you can get is ₹75,000. The remaining 25% is kept as a safety margin for price fluctuations.

2. Gold Loan Interest Rate Comparison (2026)

Interest rates depend on whether you choose a Government Bank (Cheap but Slow) or a Private Company (Fast but Expensive).

Lender Type	Interest Rate (Yearly)	Processing Time
SBI / Canara (PSU)	8.50% - 9.50%	2-3 Days
HDFC / ICICI Bank	9.00% - 11.00%	1 Day
Muthoot / Manappuram	12.00% - 24.00%	Instant (30 Mins)

⚠️ Warning: If you take a loan from Muthoot/Manappuram, try to repay within 3-6 months. Their interest rates can jump to 24% - 28% if delayed!

3. Frequently Asked Questions (FAQ)

Q: Can I get a loan on 18K Gold?

Yes, banks accept 18K gold (usually diamond jewelry), but the "Per Gram Loan Rate" will be lower than 22K gold because 18K has less pure gold content (75%).

Q: What happens if I don't pay the EMI?

If you fail to pay for 90 days, the loan becomes an NPA. The bank will send a notice and eventually has the legal right to auction your jewelry to recover the money.

Q: How is "Per Gram Rate" calculated?

It is calculated as: (Today's 22K Rate x 0.75). This is the maximum amount per gram a bank can offer.

Check your Loan Eligibility instantly above!