Gold Loan Guide: How Much Can You Get on 10 Grams? Interest, EMI & More

• Gold loans offer immediate funds against your gold, acting as financial security for unexpected expenses.
• RBI regulations set Loan-to-Value (LTV) ratios: 85% for loans up to 2.5 lakh, 80% for 2.5-5 lakh, and 75% for over 5 lakh.
• For 10 grams of 22-carat gold worth Rs 1,40,000, you could get approximately Rs 1,19,000 (85% LTV).
• Interest rates for gold loans are lower than personal loans, ranging from 8.5% to 12% at major banks like SBI, HDFC, ICICI.
• Repayment options include monthly EMIs or bullet payments; failure to repay can lead to gold auction by the bank.