Gold Loan Calculator

Gold loans have proven useful to take advantage of the stored gold and borrow money during financial emergencies. As there are no restrictions on the end-use of the gold loan amount, you can fulfil all of your capital requirements for any purpose.

However, these loans require you to pledge the gold articles and jewellery and take them to the lender’s branch for safekeeping. Hence, it is wise to borrow the desired amount. A gold loan calculator is just the tool to understand the gold required as collateral to borrow a certain amount of money.

A gold loan calculator helps determine the loan amount you can raise for a specific quantity of gold. For example, if you have 250 gms of gold articles, you can use a gold loan calculator to ascertain the loan amount for this specific volume of gold.

Gold Loan Calculator

Find out the amount you will receive against your gold jewellery
gms kg
Rate Calculated @ / Gm

*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.

0% Processing Fee

Apply Before May 1st 2019

Eligibility Criteria for Gold Loan

A gold loan is offered based on the amount of gold you have and can pledge as collateral with the lender. The maximum amount you receive relies on the gold's purity and weight to ascertain the gold articles' true value and offer a certain percentage as a gold loan.

Unlike other types of loans, the eligibility for a gold loan is not based on factors such as the applicant’s age, credit score, employment status, or financial conditions but solely on the gold pledged as the collateral. Once you fulfil the eligibility criteria, you can apply for a loan online with IIFL Finance without any restrictions on the end use of the borrowed funds.

Gold Loan Calculator FAQs

A gold loan calculator is a tool used to calculate the amount of funds you will receive against the weight of the gold pledged by you and vice versa, i.e., Amount of gold required to raise a certain amount of money through the loan.

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The loan is calculated based on the actual market value of the pledged gold. A certain percentage of the gold value is offered as a loan to the applicant.

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Gold loan per gram is the amount given as a loan for every gram of pledged gold. For example, IIFL offers Rs 3,504 per gram. If you have 100 gms of gold, the offered loan amount will be Rs 3,50,400.

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IIFL Finance’s gold loan calculator provides the eligible loan amount against the amount of the gold customer is likely to pledge. It takes the per gram rate as per the current market rates to calculate the eligible loan amount on the given gold weight.

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A gold loan calculator helps determine the desired amount you will need to borrow or how much loan you can get based on the gold you possess.

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IIFL Finance gold loan comes with attractive and affordable interest rates with no hidden costs. The loan is approved in less than 5 minutes, with a disbursal process of less than 30 minutes. The pledged gold is safely kept in highly secured vaults and is backed by insurance.

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What Our Customers Have To Say

When I visited IIFL Finance it just took a few minutes to process the loan and the process was very transparent. I have advised my friends to get their gold loans from IIFL.

Venkatram Reddy

Venkatram Reddy

I recommended IIFL Finance, the process is very fast. The staff is friendly and gives good suggestions on the schemes which are beneficial.

Vishal Khare

Vishal Khare

IIFL Finance's customer friendly approach is what I liked. They are so transparent in their dealings. I look forward for my future association with them.

Pushpa

Pushpa

I have been taking Gold Loan from IIFL Finance for quite some time now. I get good services and right value for my Gold Loan.

Manish Kushawah

Manish Kushawah

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