EMI: ₹8,745/month at 9%. Min income: ₹14,575/month.
A ₹1 Lakh gold loan from IDFC First Bank at 9% interest for 1 years will cost you ₹8,745 per month as EMI. You will pay a total interest of ₹4,940 over the loan tenure. The minimum monthly income needed is ₹14,575 (assuming no existing EMIs).
IDFC First Bank Gold Loan EMI for ₹1 Lakh at 9% for 1 years is ₹8,745 per month.
You need a minimum monthly income of ₹14,575 for a ₹1 Lakh gold loan from IDFC First Bank (at 9% rate, assuming no existing EMIs).
The total interest payable on ₹1 Lakh gold loan from IDFC First Bank at 9% for 1 years is ₹4,940.
IDFC First Bank charges a processing fee of 1% + GST for Gold Loan.
IDFC First Bank Gold Loan prepayment policy: Nil.