EMI: ₹87,800/month at 9.75%. Min income: ₹1,46,334/month.
A ₹10 Lakh gold loan from Axis Bank at 9.75% interest for 1 years will cost you ₹87,800 per month as EMI. You will pay a total interest of ₹53,600 over the loan tenure. The minimum monthly income needed is ₹1,46,334 (assuming no existing EMIs).
Axis Bank Gold Loan EMI for ₹10 Lakh at 9.75% for 1 years is ₹87,800 per month.
You need a minimum monthly income of ₹1,46,334 for a ₹10 Lakh gold loan from Axis Bank (at 9.75% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh gold loan from Axis Bank at 9.75% for 1 years is ₹53,600.
Axis Bank charges a processing fee of 0.25% + GST for Gold Loan.
Axis Bank Gold Loan prepayment policy: Nil.