EMI: ₹26,166/month at 8.5%. Min income: ₹43,610/month.
A ₹3 Lakh gold loan from HDFC Bank at 8.5% interest for 1 years will cost you ₹26,166 per month as EMI. You will pay a total interest of ₹13,992 over the loan tenure. The minimum monthly income needed is ₹43,610 (assuming no existing EMIs).
HDFC Bank Gold Loan EMI for ₹3 Lakh at 8.5% for 1 years is ₹26,166 per month.
You need a minimum monthly income of ₹43,610 for a ₹3 Lakh gold loan from HDFC Bank (at 8.5% rate, assuming no existing EMIs).
The total interest payable on ₹3 Lakh gold loan from HDFC Bank at 8.5% for 1 years is ₹13,992.
HDFC Bank charges a processing fee of 1% + GST for Gold Loan.
HDFC Bank Gold Loan prepayment policy: Nil.