When financial needs arise—whether for an emergency, business expansion, or personal expenses—gold loans offer a quick and reliable solution. Instead of liquidating your gold assets, you can leverage their value to secure an instant loan. But how do you determine how much you can borrow? That’s where the Augmont Gold Loan Calculator comes in.
In this blog, we’ll explain how Augmont’s gold loan calculator works, how you can estimate your loan amount, and what factors influence your gold loan eligibility.
What is a Gold Loan Calculator?
A gold loan calculator is a simple online tool that helps you determine the loan amount you can avail by pledging your gold. It considers the weight and purity of your gold, the current gold price, and the loan to value (LTV) ratio offered by the lender. With Augmont’s Gold Loan Calculator, you can get a clear estimate before applying for a loan, ensuring transparency and better financial planning.
How Does the Augmont Gold Loan Calculator Work?
Our gold loan calculator is designed to be user-friendly and requires only a few inputs to provide accurate results. Here’s how it works:
1. Enter the Weight of Your Gold: Input the total weight of your gold (in grams) that you wish to pledge.
2. Select the Purity of Your Gold: Choose the purity level of your gold—18K, 22K, or 24K. Higher purity gold fetches a higher loan amount.
3. Check the Current Gold Price: Augmont’s calculator automatically fetches the latest market price of gold for accurate valuation.
4. Loan to Value (LTV) Ratio: Lenders offer a percentage of the gold’s value as a loan, usually between 75% and 80%. The calculator applies this ratio to estimate your loan amount.
5. Get an Instant Estimate: Once you enter these details, the calculator will provide an instant estimate of how much you can borrow against your gold.
Why Use the Augmont Gold Loan Calculator?
✅ Quick and Convenient: Get an estimate of your loan amount within seconds without any paperwork.
✅ Better Financial Planning: Knowing how much you can borrow helps you plan your finances effectively and avoid unnecessary financial stress.
✅ Compare Loan Offers: Use the calculator to compare different gold loan schemes and choose the best fit for your needs.
✅ Transparency & No Hidden Charges: With Augmont, what you see is what you get—no hidden fees or unexpected deductions.
Factors That Influence Your Gold Loan Eligibility
While a gold loan calculator provides an estimate, the final loan amount depends on several factors:
Gold Purity: Higher purity gold (e.g., 24K) fetches a higher loan amount.
Gold Weight: The more gold you pledge, the higher the loan amount.
Current Gold Price: Gold prices fluctuate daily, affecting the loan amount.
Lender’s LTV Ratio: Different lenders offer different LTV ratios, impacting your loan amount.
Loan Tenure: While tenure doesn’t directly affect the loan amount, it determines your repayment schedule and interest rates.
How to Use the Augmont Gold Loan Calculator – Step-by-step Guide:
1. Visit Augmont’s website and navigate to the Gold Loan Calculator.
2. Enter the weight of your gold (in grams).
3. Select the purity of your gold (e.g., 22K or 24K).
4. Input the current market price of gold (if required).
5. Choose the LTV ratio offered by Augmont.
6. Click ‘Calculate’ to get an instant estimate of your loan amount.
Example Calculation
Let’s say you have 50 grams of 24K gold, and the current market price is ₹5,000 per gram. If Augmont offers an LTV ratio of 75%, here’s how the calculation works:
Gold Value = 50 grams × ₹5,000 = ₹2,50,000
Loan Amount = 75% of ₹2,50,000 = ₹1,87,500
In this case, you can borrow up to ₹1,87,500 against your gold with Augmont.
Conclusion
The Augmont Gold Loan Calculator is a must use tool for anyone considering a loan against gold. It provides instant and accurate estimates, helping you make informed financial decisions.
Whether you need funds for a personal emergency or business expansion, Augmont’s gold loan services offer a quick, secure, and transparent way to access liquidity. So, before you pledge your gold, take a moment to use our gold loan calculator—it’s a small step that can make a big difference in your financial planning.
Get the best value for your gold with Augmont today!
Click here to download the app now: 
Disclaimer: This report contains the opinion of the author, which is not to be construed as investment advice. The author, Directors, and other employees of Augmont Enterprise Private Ltd. and its affiliates cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above. The above-mentioned opinions are based on information, which is believed to be accurate, and no assurance can be given for the accuracy of the information. The author, directors other employees and any affiliates of Augmont Enterprise Private Ltd cannot be held responsible for any losses in trading. In no event should the content of this research report be construed as an express or implied promise, guarantee or implication by or from Augmont Enterprise Private Ltd. that the reader or client will profit or the losses can or will be limited in any manner whatsoever. Past results are no indications of future performance. Information provided in this report is intended solely for informative purposes and is obtained from sources believed to be reliable. The information contained in this report is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. We do not offer any sort of portfolio advisory, portfolio management or investment advisory services. The reports are only for information purposes and are not to be construed as investment advice