Gold Loan Guide: How Much Can You Borrow on 10 Grams & What's the Interest?

• Gold loans offer a quick financial solution for unexpected expenses, providing security and large sums in short periods.
• RBI regulations dictate Loan-to-Value (LTV) ratios: up to 85% for loans under Rs. 2.5 lakhs, 80% for Rs. 2.5-5 lakhs, and 75% for higher amounts.
• For 10 grams of 22-carat gold valued at Rs. 1.40 lakhs, you could get approximately Rs. 1.19 lakhs (85% LTV).
• Interest rates are lower than personal loans, ranging from 8.5% to 12% in major banks like SBI, HDFC, and ICICI Bank.
• Repayment options include monthly EMIs, monthly interest payments, or bullet payment (entire interest at year-end), with an overdraft facility also available.