EMI: ₹17,370/month at 7.7%. Min income: ₹28,017/month.
A ₹2 Lakh gold loan from Bank of Baroda at 7.7% interest for 1 years will cost you ₹17,370 per month as EMI. You will pay a total interest of ₹8,440 over the loan tenure. The minimum monthly income needed is ₹28,017 (assuming no existing EMIs).
Bank of Baroda Gold Loan EMI for ₹2 Lakh at 7.7% for 1 years is ₹17,370 per month.
You need a minimum monthly income of ₹28,017 for a ₹2 Lakh gold loan from Bank of Baroda (at 7.7% rate, assuming no existing EMIs).
The total interest payable on ₹2 Lakh gold loan from Bank of Baroda at 7.7% for 1 years is ₹8,440.
Bank of Baroda charges a processing fee of 0.50% + GST for Gold Loan.
Bank of Baroda Gold Loan prepayment policy: Nil.