EMI: ₹26,340/month at 9.75%. Min income: ₹43,900/month.
A ₹3 Lakh gold loan from Axis Bank at 9.75% interest for 1 years will cost you ₹26,340 per month as EMI. You will pay a total interest of ₹16,080 over the loan tenure. The minimum monthly income needed is ₹43,900 (assuming no existing EMIs).
Axis Bank Gold Loan EMI for ₹3 Lakh at 9.75% for 1 years is ₹26,340 per month.
You need a minimum monthly income of ₹43,900 for a ₹3 Lakh gold loan from Axis Bank (at 9.75% rate, assuming no existing EMIs).
The total interest payable on ₹3 Lakh gold loan from Axis Bank at 9.75% for 1 years is ₹16,080.
Axis Bank charges a processing fee of 0.25% + GST for Gold Loan.
Axis Bank Gold Loan prepayment policy: Nil.