Gold Loan Calculator

Muthoot Finance's gold loan calculator is a simple, user-friendly online tool for calculating the monthly/quarterly/half-yearly interest/EMI payable on a gold loan. To ensure total convenience for the client, we request the following essential information:
1. Name
2. Email ID
3. Contact no.
4. State
5. Gold Type
6. The amount you require (INR)
7. Gold Weight (gm)

Using the Muthoot Finance gold loan calculator has numerous benefits. Among them are the following:

1. It is a free user friendly tool that may be used on any device.
2. You may use it as many times as you like with different combinations to find the best gold loan for you.
3. Calculations are rapid and precise.

A gold loan eligibility calculator is a tool that may help you determine your eligibility for a gold loan. The eligibility for a gold loan per gram calculator is determined by your age, type of gold, and weight of gold. It computes the maximum loan amount you are qualified for. The eligibility calculator is simple to use and convenient.

The Muthoot Finance gold loan calculator is simple to use. It is intended to assist you in determining your gold loan eligibility and the amount of loan you may obtain against your gold. It will also give you an idea of the applicable interest rates and the number of payments required to repay the loan.

Gold Loan interest rate is calculated using mutiple factors. You can use the Calculator as well to know the interest.

The value of your gold will be determined by the weight of the gold items, the current gold rate, and the purity of the gold. The lender will often lend a percentage of the gold's worth, which is known as the gold loan eligibility per gram.

Muthoot Finance finance offers Gold Loans under flexible schemes, with a minimum amount of ₹1,500

At times, yes. A gold loan calculator estimates the loan amount you can receive based on the weight and purity of your gold. While a gold loan calculator offers a good approximation, the actual loan amount may vary slightly due to current gold prices, lender’s policies, and other additional charges. For precise loan amounts, it is always advisable to have your gold appraised by the lender. The calculator is a helpful tool but should not be used solely to give exact figures.

Yes. A gold loan calculator typically considers your gold’s purity to estimate the final loan amount. You input the weight and purity of your gold, and the calculator uses this information to provide you with an estimate. However, for the most accurate assessment, the lender will appraise the gold’s purity during the gold loan application process. The gold loan calculator is a useful tool for preliminary estimates, but always confirm the exact estimate with your lender.

Yes. Most gold loan calculators are free to use and available on the lender’s website for easy access. These online calculators help you estimate the loan amount you can get based on the weight and purity of your pledged gold, as well as current gold prices. It provides a convenient way to plan your loan without any obligation or cost.

Yes. Gold loan calculators are typically accessible on any internet-connecting device. Most banks and financial institutions have mobile-friendly websites or dedicated mobile applications to cater to all types of borrowers. These calculators work the same on desktop computers and mobile phones, allowing you to input the weight and purity of your gold to estimate the loan amount. This ensures you can plan your loan and access necessary tools anytime and anywhere you need.

No. Gold loan calculators generally do not consider any additional charges or fees from the borrower. They primarily estimate the loan amount based on the weight and purity of the gold pledged and current gold prices. However, actual loan amounts may be affected by several associated fees, such as processing fees, appraisal fees, and other charges imposed by lenders. Hence, to thoroughly understand your gold loan’s cost, it is essential to review the lender’s policies and inquire directly about any additional fees.

Yes. Gold loan calculators typically use real-time data based on current gold prices to provide borrowers with an accurate loan amount estimate. They update the gold prices regularly to reflect market fluctuations, ensuring that the estimates are as accurate as possible at the time of calculation. However, the actual loan amount might vary slightly due to certain factors like the lender’s policies and any additional charges.