Why use our Gold Loan calculator?

While planning to avail a Gold loan, you must know how much gold jewellery you will need to take to IIFL Branch or find out how much loan your Gold jewellery can fetch.Since Gold prices are fluctuating , the value of jewellery directly affects the amount of loan to be approved. The market value of your gold is calculated according to the per gram market rate of gold on the day of the loan application.

Use this calculators designed for you to make a quick assement on the loan amount your Gold jewellery can fetch.

The market value of your gold is calculated according to the per gram market rate of gold on the day of the loan application.

Calculate Your Gold Loan Amount

Find out the amount you will receive against your gold jewellery
gms kg
Rate Calculated @ / Gm
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*The market value of your gold is calculated by taking 30 days average gold rate of 22 carat gold | Purity of the gold is assumed at 22 carat.

*You can avail a maximum loan of up to 75% of the market value of your gold depending on the quality of the gold.

Gold Loan Banner - IIFL Finance
0% Processing Fee

Apply Before May 1st 2019

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FAQs

The market value of your gold is calculated according to the per gram market rate of gold on the day of the loan application. If pledging gold ornaments or jewellery, only the parts that are gold are used to calculate the value; other metals, stones and gems are excluded from the calculations.

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Yes, you can make a part payment where you can pay-back a part of the total loan amount. Here, you will have the advantage of future interest being charged only on the balance principal amount after part-payment. Moreover, you may choose to release a part of your gold ornaments/jewellery as per the loan amount that has been paid back.

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