If you're sitting on idle gold jewellery and need funds fast, a gold loan calculator per gram is the first tool you should reach for in 2026. It tells you exactly how much you can borrow — before you even walk into a bank or NBFC — based on your gold's weight, purity, and today's market rate. This guide walks you through how the calculator works, what rates to expect, how lenders compare, and what you need to apply.
What Is a Gold Loan Calculator Per Gram?
A Gold Loan calculator per gram is an online tool that estimates your eligible loan amount based on three inputs: the weight of your gold (in grams), its purity (in karats), and the current market price per gram. It applies the lender's Loan-to-Value (LTV) ratio to give you an indicative disbursement figure.
The formula is straightforward:
- Market Value = Weight (grams) × Current Rate per gram (purity-adjusted)
- Eligible Loan Amount = Market Value × LTV ratio
For example, if you pledge 20 grams of 22-karat gold at a benchmark rate of ₹13,190 per gram with an 85% LTV, you could receive up to approximately ₹2,24,230. Actual disbursal depends on the lender's valuation and policies.
2026 Gold Rates Per Gram and LTV Tiers
Gold prices in India are volatile and move daily. As of mid-2026, the indicative benchmark rates used by lenders for loan valuation are:
- 22-karat gold: ~₹13,190 per gram (Canara Bank LTV reference rate, effective 11 Aug 2026)
- 24-karat gold: ~₹14,400 per gram
- 18-karat gold: ~₹10,800 per gram
Lenders do not simply use today's spot price. Per RBI guidelines, valuation is based on the lower of the past 30-day average and the previous day's published price by IBJA or a SEBI-regulated exchange. This protects borrowers from over-leveraging during price spikes.
The RBI's 2026 framework sets LTV limits in a tiered structure based on loan size:
| Loan Size | Maximum LTV |
|---|---|
| Smaller loan amounts | Up to 85% |
| Mid-sized loans | Up to 80% |
| Larger loan amounts | Up to 75% |
These are regulatory caps — your actual LTV will depend on the lender's internal policy and your borrower profile.
Gold Loan Per Gram: Indicative Loan Amounts by Weight (2026)
The table below shows indicative loan amounts for 22-karat gold at a benchmark rate of ₹13,190/gram. Figures are rounded and for planning purposes only — actual amounts vary by lender and applicable LTV slab.
| Gold Weight | Market Value (22K) | Loan at 75% LTV | Loan at 85% LTV |
|---|---|---|---|
| 5 grams | ₹65,950 | ₹49,463 | ₹56,058 |
| 10 grams | ₹1,31,900 | ₹98,925 | ₹1,12,115 |
| 20 grams | ₹2,63,800 | ₹1,97,850 | ₹2,24,230 |
| 50 grams | ₹6,59,500 | ₹4,94,625 | ₹5,60,575 |
| 100 grams | ₹13,19,000 | ₹9,89,250 | ₹11,21,150 |
Note: Rates are indicative and lender-specific. Gold prices change daily; the amounts above will shift accordingly. Always use a live calculator for an accurate figure before applying.
2026 Gold Loan Interest Rates: Bank vs NBFC Comparison
Interest rates on gold loans in India range from 8.50% to 27% p.a. in 2026, depending on whether you borrow from a bank or a non-banking financial company (NBFC). Here's how the major lenders stack up:
| Lender | Type | Interest Rate (p.a.) | Loan Amount Range | Processing Fee |
|---|---|---|---|---|
| State Bank of India | PSU Bank | 8.50% – 13.00% | ₹20,000 – ₹50 lakh | 0.25% – 0.50% |
| HDFC Bank | Private Bank | 9.00% – 16.00% | ₹25,000 – ₹50 lakh | ~1% |
| ICICI Bank | Private Bank | 9.00% – 16.00% | ₹10,000 – ₹1 crore | ~1% |
| Canara Bank | PSU Bank | 8.75% – 10.75% | ₹5,000 – ₹35 lakh | Minimal |
| Muthoot Finance | NBFC | 12.00% – 27.00% | ₹1,500 onwards | 0.25% – 1% |
| Manappuram Finance | NBFC | 12.00% – 26.00% | ₹1,000 onwards | 0.25% – 1% |
| IIFL Finance | NBFC | 11.88% – 27.00% | ₹3,000 – ₹50 lakh | Up to 2% |
Rates are indicative and subject to change at the lender's discretion. Always confirm with the lender before applying.
Public-sector banks like State Bank of India and Canara Bank typically offer the lowest rates but may take 45–90 minutes for disbursal. NBFCs like Muthoot and Manappuram charge higher rates but can disburse cash in under 30 minutes — often the better choice for urgent needs in Tier-2 and Tier-3 cities.
Private banks such as HDFC Bank and ICICI Bank sit in between — competitive rates with reliable digital journeys for high-ticket loans above ₹10 lakh.
Eligibility Criteria and Documents Required in 2026
Gold loans are among the most accessible credit products in India. There is no income proof or credit score requirement for most standard schemes — the gold itself is the collateral. Here's what you need:
Eligibility
- Age: 18 years or above
- Residency: Indian resident
- Gold purity: 18 to 24 karats (jewellery and bank-sold gold coins of 22K or higher)
- Ownership: Gold must belong to you or an immediate family member
- Form: Jewellery and ornaments accepted; gold bars and bullion are generally not eligible
Documents
- Identity proof: Aadhaar Card, PAN Card, Passport, Voter ID, or Driving Licence
- Address proof: Aadhaar, Passport, utility bills, or Driving Licence
- Passport-sized photographs
- Ownership declaration (for inherited jewellery)
- Key Facts Statement (KFS) acknowledgment — a 2026 RBI requirement for all retail loans
If you're comparing this to other secured options, a Loan Against Property or Loan Against Securities will need more documentation but can unlock larger amounts.
How to Use a Gold Loan Calculator Per Gram — Step by Step
- Weigh your gold. Get the net weight in grams (excluding stones and other metals).
- Check the purity. Look for the BIS hallmark — 22K, 18K, or 24K.
- Enter the details. Input weight, purity, and the current per-gram rate into the calculator.
- Review the LTV. The calculator applies the appropriate LTV tier to your market value.
- Add tenure and interest rate. For an EMI estimate, enter the loan tenure (typically 3 to 36 months) and the lender's rate.
- Compare lenders. Use the output to shortlist the lender that offers the best rate for your loan size.
If you need funds for multiple goals — say, home renovation alongside business expenses — you can also explore a Home Renovation Loan or a Business Loan to see whether an unsecured option works out cheaper for your profile.
Not sure what your overall borrowing capacity is? Run your numbers through OnePaisa's loan eligibility calculator to see what you qualify for across loan types.
Frequently Asked Questions
How is the gold loan per gram rate calculated in 2026?
Lenders multiply your gold's net weight by the purity-adjusted benchmark rate per gram, then apply the RBI-mandated LTV ratio to arrive at the eligible loan amount. The benchmark rate is the lower of the past 30-day IBJA average and the previous day's closing price — not the spot rate. At mid-2026, 22-karat gold is benchmarked at approximately ₹13,190 per gram.
What is the maximum loan I can get per gram of gold?
At the RBI-permitted maximum LTV of 85% (applicable to smaller loan amounts in 2026), you can borrow up to approximately ₹11,212 per gram of 22-karat gold at a ₹13,190 benchmark rate. For larger loan amounts, the LTV drops to 80% or 75%, reducing the per-gram loan figure. These are regulatory caps — not every lender will offer the maximum.
Which bank offers the lowest gold loan interest rate in 2026?
Public-sector banks generally lead on rate. State Bank of India and Canara Bank offer gold loans starting from around 8.50%–8.75% p.a. in 2026, making them the most cost-effective for borrowers who can wait for standard processing. Always compare the total cost — processing fees and foreclosure charges can close the gap between lenders. Use OnePaisa's Gold Loan comparison page to see live rates side by side.
Can I get a gold loan without a credit score?
Yes. Because the loan is fully secured against your pledged gold, most lenders do not check your credit score for standard gold loan schemes. This makes it an attractive option if you have a thin credit file or a low CIBIL score. If you're building your credit profile, you may want to compare a Personal Loan alongside to understand the trade-offs.
What happens if I can't repay my gold loan?
If you default, the lender has the right to auction your pledged gold to recover the outstanding amount. Any surplus from the auction is returned to you. This is why it's critical to borrow only what you need and to match the tenure to your repayment capacity. Most lenders send multiple notices before initiating an auction.
Ready to Check Your Gold Loan Amount?
You now have everything you need to walk into any lender knowing your numbers. Use OnePaisa's Gold Loan comparison tool to check live rates from top banks and NBFCs, compare processing fees, and find the lender that matches your loan amount and timeline.
Want to explore all your borrowing options in one place? Head to the loans hub on OnePaisa to compare gold loans, personal loans, and secured credit products side by side — and find your best rate in minutes.
Loans Editor, OnePaisa Editorial
Prasanth writes on borrowing for OnePaisa — personal, home, car and business loans, and the credit-score questions that decide what a borrower is actually offered. Interest rates, processing fees and eligibility rules in his guides come from lender schedules of charges and official product pages, are cross-checked against OnePaisa's verified lender data, and are dated so readers can see how current they are. A rate that a lender publishes as a range is published here as a range, never as a single teaser number.
Work published under this byline follows OnePaisa’s editorial standards — how our guides are researched, fact-checked against primary sources, and corrected.