Gold Loan in 2025: How Much Can You Borrow?

Gold loans let you borrow against your jewellery without selling it. Knowing how much you can get per gram — and what affects that number — helps you plan before you walk into any lender's branch.

Here's what happened: RBI mandates that gold loan lenders cannot disburse more than 75% of the pledged gold's assessed market value — called the Loan-to-Value (LTV) ratio.. Gold loan eligibility depends on three things: today's gold rate, the purity (karat) of your jewellery, and the lender's own per-gram rate derived from a certified assay.. Banks (SBI, HDFC, Canara) and NBFCs (Muthoot, Manappuram, Bajaj Finance) all offer gold loans, but interest rates, tenure options, and processing fees differ significantly across lenders..

What you should do: Calculate your rough eligibility yourself: multiply the current 22K gold rate (check MCX or ibja.co) by your gold weight in grams, then multiply by 0.75 — that is the legal maximum any lender can offer you.. Compare at least two lenders — your bank and one NBFC — focusing on total cost (interest rate + processing fee + assay fee) rather than just the per-gram rate shown in ads.. Check the repayment structure before signing: some gold loans are bullet-repayment (interest monthly, principal at end) while others have EMIs — choose the one that matches your cash-flow situation..

If your gold loan LTV offer looks lower than 75%, ask the lender to share the assay report — sometimes a second opinion at a BIS-certified hallmarking centre can increase your eligible amount by 8–12%.