EMI: ₹88,382/month at 11%. Min income: ₹1,35,973/month.
A ₹10 Lakh gold loan from Mahindra Finance at 11% interest for 1 years will cost you ₹88,382 per month as EMI. You will pay a total interest of ₹60,584 over the loan tenure. The minimum monthly income needed is ₹1,35,973 (assuming no existing EMIs).
Mahindra Finance Gold Loan EMI for ₹10 Lakh at 11% for 1 years is ₹88,382 per month.
You need a minimum monthly income of ₹1,35,973 for a ₹10 Lakh gold loan from Mahindra Finance (at 11% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh gold loan from Mahindra Finance at 11% for 1 years is ₹60,584.
Mahindra Finance charges a processing fee of 1.50% + GST for Gold Loan.
Mahindra Finance Gold Loan prepayment policy: Nil.