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Axis Bank Gold Loan for ₹7 Lakh

EMI: ₹61,460/month at 9.75%. Min income: ₹1,02,434/month.

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Your Details
Income Details
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Loan Parameters
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
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Monthly Income
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Existing EMIs
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New Loan EMI
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Remaining Income
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Axis Bank Gold Loan for ₹7 Lakh - Key Details

Interest Rate
9.75% p.a.
Monthly EMI
₹61,460
Total Interest
₹37,520
Total Payment
₹7,37,520
Min Income Required
₹1,02,434/mo
Processing Fee
0.25% + GST

A ₹7 Lakh gold loan from Axis Bank at 9.75% interest for 1 years will cost you ₹61,460 per month as EMI. You will pay a total interest of ₹37,520 over the loan tenure. The minimum monthly income needed is ₹1,02,434 (assuming no existing EMIs).

Frequently Asked Questions

What is Axis Bank gold loan EMI for ₹7 Lakh?

Axis Bank Gold Loan EMI for ₹7 Lakh at 9.75% for 1 years is ₹61,460 per month.

What income do I need for ₹7 Lakh gold loan from Axis Bank?

You need a minimum monthly income of ₹1,02,434 for a ₹7 Lakh gold loan from Axis Bank (at 9.75% rate, assuming no existing EMIs).

What is the total interest on ₹7 Lakh gold loan from Axis Bank?

The total interest payable on ₹7 Lakh gold loan from Axis Bank at 9.75% for 1 years is ₹37,520.

What is Axis Bank's processing fee for ₹7 Lakh gold loan?

Axis Bank charges a processing fee of 0.25% + GST for Gold Loan.

Can I prepay my Axis Bank gold loan?

Axis Bank Gold Loan prepayment policy: Nil.

₹7 Lakh Gold Loan from Other Banks

SBIFrom 7.50 - 9.50%HDFC BankFrom 8.50 - 16.50%ICICI BankFrom 10.00 - 16.00%Kotak Mahindra BankFrom 10.00 - 17.00%Bank of BarodaFrom 7.70 - 9.70%PNBFrom 7.85 - 9.90%Canara BankFrom 7.65 - 9.65%Union BankFrom 7.80 - 9.80%Indian BankFrom 7.60 - 9.60%IDBI BankFrom 7.65 - 10.50%

Other Axis Bank Gold Loan Amounts

₹1 LakhEMI ₹8,780/mo₹2 LakhEMI ₹17,560/mo₹3 LakhEMI ₹26,340/mo₹5 LakhEMI ₹43,900/mo₹10 LakhEMI ₹87,800/mo