EMI: ₹17,560/month at 9.75%. Min income: ₹29,267/month.
A ₹2 Lakh gold loan from Axis Bank at 9.75% interest for 1 years will cost you ₹17,560 per month as EMI. You will pay a total interest of ₹10,720 over the loan tenure. The minimum monthly income needed is ₹29,267 (assuming no existing EMIs).
Axis Bank Gold Loan EMI for ₹2 Lakh at 9.75% for 1 years is ₹17,560 per month.
You need a minimum monthly income of ₹29,267 for a ₹2 Lakh gold loan from Axis Bank (at 9.75% rate, assuming no existing EMIs).
The total interest payable on ₹2 Lakh gold loan from Axis Bank at 9.75% for 1 years is ₹10,720.
Axis Bank charges a processing fee of 0.25% + GST for Gold Loan.
Axis Bank Gold Loan prepayment policy: Nil.