Rupeek Gold Loan Calculator

The Rupeek Gold Loan Calculator is an online tool that helps you estimate your loan amount based on the gold you plan to pledge. It assumes a gold purity of 22 karats to give you a close estimate.

You can use the calculator in 2 simple ways, by entering either the gold weight or the loan amount you need. Based on your input, it will instantly show the estimated loan amount or the gold required.

This makes it a convenient way to plan your loan in advance and understand what you may qualify for, without any guesswork.

Using the Rupeek Gold Loan calculator can help you make better decisions before applying. Here are some of the main benefits:

• Quick and Accurate Estimates

The calculator uses your gold’s weight and purity to give you a close estimate. This helps avoid mistakes that can happen with manual calculations.

• Saves Time and Effort

You can get results in seconds. There’s no need to do long calculations or guesswork.

• Helps Compare Options

You can try different loan amounts to see how much gold is needed for each. This makes it easier to compare and choose the right loan offer.

• Easy to Use

The tool is simple and requires only a few details. Anyone can use it without any technical knowledge.

• Brings Transparency

It gives you a clear idea of your loan eligibility and repayment details, so you know what to expect before you apply.

You can use the Rupeek Gold Loan calculator on Bajaj Markets to check either your eligible loan amount or the gold you need to pledge. 

Here’s how:

1. Visit the gold loan calculator page on Bajaj Markets

2. Choose how you want to calculate, either by ‘Loan Amount’ or by ‘Gold Weight’

If you select ‘Loan Amount’:

1. Use the slider to enter the amount you wish to borrow
   

2. Add the interest rate and tenure
   

3. The calculator will show the gold weight you need to pledge, your monthly EMI, total interest, and total payment

If you select ‘Gold Weight’:

1. Use the slider to enter the gold weight you plan to pledge
   

2. Enter the gold purity, interest rate, and tenure
   

3. The calculator will show your eligible loan amount, monthly EMI, total interest, and total payment

To calculate your EMI using the Rupeek Gold Loan EMI calculator, you only need to enter three details — loan amount or gold weight, interest rate, and repayment tenure. The tool then shows your estimated monthly EMI, total interest payable, and total repayment amount.

Here’s an example to help you understand better:

Suppose you use the ‘Loan Amount’ method and wish to take a gold loan of ₹1 Lakh at an interest rate of 9% for a tenure of 12 months.

• Enter ₹1,00,000 as your loan amount using the slider
  

• Set the interest rate to 9% and the tenure to 12 months
  

• The calculator will instantly display:
  

  • EMI Amount – ₹8,367
    

  • Total Interest Payable – ₹401
    

  • Total Amount Payable – ₹1,00,401

Let’s take an example where the interest rate is fixed at 9% per annum. The following table shows the approximate EMI for different loan amounts and tenures: