EMI: ₹43,842/month at 9.5%. Min income: ₹67,450/month.
A ₹5 Lakh gold loan from Bajaj Finserv at 9.5% interest for 1 years will cost you ₹43,842 per month as EMI. You will pay a total interest of ₹26,104 over the loan tenure. The minimum monthly income needed is ₹67,450 (assuming no existing EMIs).
Bajaj Finserv Gold Loan EMI for ₹5 Lakh at 9.5% for 1 years is ₹43,842 per month.
You need a minimum monthly income of ₹67,450 for a ₹5 Lakh gold loan from Bajaj Finserv (at 9.5% rate, assuming no existing EMIs).
The total interest payable on ₹5 Lakh gold loan from Bajaj Finserv at 9.5% for 1 years is ₹26,104.
Bajaj Finserv charges a processing fee of 1% + GST for Gold Loan.
Bajaj Finserv Gold Loan prepayment policy: Nil.