EMI: ₹17,444/month at 8.5%. Min income: ₹29,074/month.
A ₹2 Lakh gold loan from HDFC Bank at 8.5% interest for 1 years will cost you ₹17,444 per month as EMI. You will pay a total interest of ₹9,328 over the loan tenure. The minimum monthly income needed is ₹29,074 (assuming no existing EMIs).
HDFC Bank Gold Loan EMI for ₹2 Lakh at 8.5% for 1 years is ₹17,444 per month.
You need a minimum monthly income of ₹29,074 for a ₹2 Lakh gold loan from HDFC Bank (at 8.5% rate, assuming no existing EMIs).
The total interest payable on ₹2 Lakh gold loan from HDFC Bank at 8.5% for 1 years is ₹9,328.
HDFC Bank charges a processing fee of 1% + GST for Gold Loan.
HDFC Bank Gold Loan prepayment policy: Nil.