EMI: ₹8,780/month at 9.75%. Min income: ₹14,634/month.
A ₹1 Lakh gold loan from Axis Bank at 9.75% interest for 1 years will cost you ₹8,780 per month as EMI. You will pay a total interest of ₹5,360 over the loan tenure. The minimum monthly income needed is ₹14,634 (assuming no existing EMIs).
Axis Bank Gold Loan EMI for ₹1 Lakh at 9.75% for 1 years is ₹8,780 per month.
You need a minimum monthly income of ₹14,634 for a ₹1 Lakh gold loan from Axis Bank (at 9.75% rate, assuming no existing EMIs).
The total interest payable on ₹1 Lakh gold loan from Axis Bank at 9.75% for 1 years is ₹5,360.
Axis Bank charges a processing fee of 0.25% + GST for Gold Loan.
Axis Bank Gold Loan prepayment policy: Nil.