Gold Loan EMI Calculator

Calculate your monthly EMI and total interest instantly

Calculate Your EMI

Your Results

Monthly EMI
₹0
Principal Amount
₹0
Total Interest
₹0
Total Payable Amount
₹0

* Disclaimer: Calculated EMI and total payable amounts are indicative estimates. Actual loan interest rates, processing fees, and tenure depend on individual eligibility and respective lender policies.

How to Use the Gold Loan EMI Calculator

Our free gold loan EMI calculator helps you estimate your monthly payments before applying for a loan. Here's how to use it:

  1. Enter Loan Amount: Input the amount you wish to borrow against your gold
  2. Set Interest Rate: Enter the annual interest rate offered by your lender (typically 8-18% for gold loans)
  3. Choose Tenure: Select your preferred repayment period in months (usually 6-36 months)
  4. Calculate: Click the calculate button to see your monthly EMI and total interest

Pro Tip

Gold loan interest rates vary significantly between lenders. Use our comparison tool to find the lowest rates and save thousands in interest payments. Even a 1% difference in interest rate can lead to substantial savings over the loan tenure.

Understanding Gold Loan EMI

EMI (Equated Monthly Installment) is the fixed amount you pay every month to repay your gold loan. It includes both the principal amount and the interest charged by the lender.

Formula: EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

Where P = Principal loan amount, R = Monthly interest rate, N = Loan tenure in months