EMI: ₹61,378/month at 9.5%. Min income: ₹94,428/month.
A ₹7 Lakh gold loan from Bajaj Finserv at 9.5% interest for 1 years will cost you ₹61,378 per month as EMI. You will pay a total interest of ₹36,536 over the loan tenure. The minimum monthly income needed is ₹94,428 (assuming no existing EMIs).
Bajaj Finserv Gold Loan EMI for ₹7 Lakh at 9.5% for 1 years is ₹61,378 per month.
You need a minimum monthly income of ₹94,428 for a ₹7 Lakh gold loan from Bajaj Finserv (at 9.5% rate, assuming no existing EMIs).
The total interest payable on ₹7 Lakh gold loan from Bajaj Finserv at 9.5% for 1 years is ₹36,536.
Bajaj Finserv charges a processing fee of 1% + GST for Gold Loan.
Bajaj Finserv Gold Loan prepayment policy: Nil.