Gold Loan at a glance
- Typical rates: about 8.5–18% p.a..
- Tenure: 6 months to 3 years; many are bullet repayments rather than EMIs.
- Tax: No tax benefit, unless used for business or a house.
Tips before you borrow
- Lenders lend up to 75% of the gold value (LTV).
- Many gold loans let you pay only interest monthly and the principal at the end; this calculator shows the EMI equivalent.
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How to use the 🪙 Gold Loan EMI Calculator tool
- Enter the gold loan amount, interest rate and tenure, or tap a quick option.
- See the EMI, total interest and year-wise schedule.
- Try a prepayment to see the interest you save.
Why SaralKit?
- Free forever: no "credits", no trial, no premium tier, no watermark and no daily limit.
- No account, ever: nothing to sign up for. Just open the page and use it.
- No data stored: your files and the numbers you type are processed by your own browser. We never upload, store or see them.
- Works offline: once the page has loaded, most tools keep working without internet.
- Open source: anyone can read the code on GitHub.
Frequently asked questions
What is the EMI for a ₹3,00,000 gold loan?
At 9.5% for 1 year, the EMI is about ₹26,305 a month, and total interest is about ₹15,661.
What are typical gold loan interest rates?
In India, about 8.5–18% p.a.. Your rate depends on your credit score, income and lender.
Are there tax benefits on a gold loan?
No tax benefit, unless used for business or a house.
How much tenure can I get?
Gold Loans are usually offered for 6 months to 3 years; many are bullet repayments rather than EMIs.