Gold Loan EMI Calculator
Estimate your gold loan EMI, total interest and repayment amount with this free online calculator.
Enter Gold Loan Details
₹2,00,000
12%
2 Years
Your Loan Summary
Estimated Monthly EMI
₹9,415
Loan Principal₹2,00,000
Total Interest₹25,960
Total Payment₹2,25,960
Loan Duration24 Months
Principal AmountInterest Amount
EMI Formula: EMI = P × R × (1+R)N / ((1+R)N − 1). P = principal, R = monthly interest rate and N = total monthly installments.
Disclaimer: This calculator provides an illustrative EMI estimate using monthly reducing-balance interest. Some gold loan lenders offer bullet repayment, overdraft or other repayment options. Actual interest, fees, loan amount and repayment terms depend on the lender.