Zakat Calculator India (INR) | How to Calculate Zakat on Gold & Cash
Use this zakat calculator to work out your zakat in Indian rupees. Enter today’s gold and silver rate, add your cash, gold, silver and other savings, subtract what you owe, and the calculator shows whether you have reached the nisab and how much zakat is due at 2.5%.
1. Today’s rates (per gram, in ₹)
2. What you own
3. What you owe
This calculator gives an estimate. Rulings differ between schools of thought on some points, so confirm your final amount with a scholar you trust.
How to Calculate Zakat
- Fix your zakat date. Zakat is due once a lunar year has passed since your wealth first reached the nisab. Use the same Islamic date every year.
- Add up what you own. Cash, bank balance, gold, silver, shares and investments, stock held for sale, and money owed to you that you expect to receive.
- Subtract what you owe. Debts and bills that are due now.
- Compare with the nisab. If the remaining amount is equal to or above the nisab, zakat is due.
- Pay 2.5%. Multiply your net zakatable wealth by 0.025, or simply divide it by 40.
Example: You have ₹3,00,000 in the bank, gold worth ₹2,50,000 and you owe ₹50,000. Your net wealth is ₹5,00,000. Zakat is ₹5,00,000 ÷ 40 = ₹12,500.
What Is Nisab?
Nisab is the minimum wealth a Muslim must own before zakat becomes due. It is measured in gold or silver:
- Gold nisab: 87.48 grams (7.5 tola)
- Silver nisab: 612.36 grams (52.5 tola)
To get the nisab in rupees, multiply the weight by today's rate per gram. Because silver is much cheaper than gold, the silver nisab is lower, and many scholars in India advise using it for cash and mixed assets so that more reaches the poor. If you own only gold and nothing else, the gold nisab applies.
Zakat on Gold
Zakat on gold is 2.5% of its current market value. Weigh your gold, multiply by today's rate per gram for its purity, and take 2.5% of that amount.
Example: If you own 100 grams of gold and the rate is ₹R per gram, your zakat is 100 × R × 0.025, which is the value of 2.5 grams of gold.
Scholars differ on jewellery that a woman wears regularly. In the Hanafi school, zakat is due on all gold and silver, including jewellery in use. In the other schools, jewellery kept for ordinary personal use is generally exempt. Follow the view of your own school.
How Much Zakat on 1 Lakh Rupees?
If you own the nisab and a lunar year has passed, zakat on ₹1,00,000 is ₹2,500. Some quick figures:
| Net zakatable wealth | Zakat (2.5%) |
|---|---|
| ₹1,00,000 | ₹2,500 |
| ₹2,00,000 | ₹5,000 |
| ₹5,00,000 | ₹12,500 |
| ₹10,00,000 | ₹25,000 |
What Zakat Is Not Paid On
- The house you live in
- Your car or bike for personal use
- Furniture, clothes and household items
- Tools and equipment you use for your work
Who Can Receive Zakat?
The Quran names eight categories of people who may receive zakat (Surah At-Tawbah, 9:60): the poor, the needy, those employed to collect it, those whose hearts are to be reconciled, freeing captives, those in debt, in the cause of Allah, and the stranded traveller. Zakat cannot be given to your own parents, grandparents, children or grandchildren, or by a husband to his wife.
Frequently Asked Questions
Is zakat calculated on income or on savings?
Zakat is on the wealth you hold on your zakat date, not on your salary as it comes in. Whatever is left of your income on that date is included.
Do I pay zakat if my wealth dropped below nisab during the year?
Scholars differ on this. In the Hanafi school, zakat is due if you owned the nisab at the start and at the end of the year. Ask a scholar about your own case.
Which gold rate should I use?
Use the current selling value of the gold you actually own, according to its purity (for example 22K or 24K), on your zakat date.
Can I pay zakat in instalments?
Zakat should be paid when it becomes due. Many scholars allow paying it in advance during the year in parts. Delaying it after the due date without a reason is not allowed.
What is the difference between zakat and sadaqah?
Zakat is obligatory, has a fixed rate and fixed recipients. Sadaqah is voluntary charity that can be given in any amount to anyone in need.