EMI: ₹87,916/month at 10%. Min income: ₹1,46,527/month.
A ₹10 Lakh gold loan from ICICI Bank at 10% interest for 1 years will cost you ₹87,916 per month as EMI. You will pay a total interest of ₹54,992 over the loan tenure. The minimum monthly income needed is ₹1,46,527 (assuming no existing EMIs).
ICICI Bank Gold Loan EMI for ₹10 Lakh at 10% for 1 years is ₹87,916 per month.
You need a minimum monthly income of ₹1,46,527 for a ₹10 Lakh gold loan from ICICI Bank (at 10% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh gold loan from ICICI Bank at 10% for 1 years is ₹54,992.
ICICI Bank charges a processing fee of 1% + GST for Gold Loan.
ICICI Bank Gold Loan prepayment policy: Nil.