ICICI Bank Gold Loan EMI Calculator
Calculate estimated loan EMI and interest against hallmarked gold jewellery with ICICI Bank.
Official Rate Formula & Benchmark:
ICICI Bank Gold Loans provide instant liquidity starting from 9.10% p.a. up to statutory 75% LTV on net gold ornament weight.
Current official starting rate: 9.10% p.a. (Range: 9.10% – 15.50% p.a.).
ICICI Bank Gold Loan Calculator
Interactive calculation engine using official ICICI Bank rates
For 3 years at 9.10% p.a. reducing balance
Yearly Repayment Schedule
| Year | Principal Paid | Interest Paid | Total Paid | Balance |
|---|---|---|---|---|
| Year 1 | ₹91,085 | ₹23,563 | ₹1,14,648 | ₹2,08,915 |
| Year 2 | ₹99,728 | ₹14,920 | ₹1,14,648 | ₹1,09,187 |
| Year 3 | ₹1,09,187 | ₹5,456 | ₹1,14,643 | ₹0 |
Rate Verification & Official Notice
9.10% p.a.
9.10% – 15.50% p.a.
floating RateRBI Repo Linked / Card Rate
Applicable Conditions & Eligibility Factors:
- Up to 75% LTV statutory benchmark
- Direct account credit within 30 minutes at branches
Source: ICICI Gold Loan Notice
Rates subject to borrower risk-grade & RBI regulatory changes.How It Works
- 1RBI mandated 75% LTV ceiling.
- 2Disbursal in under 30 minutes at branches.
Key Factors Influencing Your Rate
- •Net gold weight in grams
- •Jewellery purity (18K to 22K)
Worked Numerical Example: ICICI Bank Gold Loan Calculator
For an estimated ICICI Bank Gold Loan Calculator of ₹3,00,000 at 9.10% p.a. for 3 years, your monthly EMI is ₹9,554, with total interest of ₹43,939. Note: Actual eligible loan amount is appraised at the branch based on net gold weight (18K–22K) and RBI's 75% LTV cap.
Frequently Asked Questions: ICICI Bank Gold Loan Calculator
- How fast is disbursal?
- Direct account credit within 30 minutes.
- Minimum loan?
- ₹10,000.