EMI: ₹87,451/month at 9%. Min income: ₹1,45,752/month.
A ₹10 Lakh gold loan from IDFC First Bank at 9% interest for 1 years will cost you ₹87,451 per month as EMI. You will pay a total interest of ₹49,412 over the loan tenure. The minimum monthly income needed is ₹1,45,752 (assuming no existing EMIs).
IDFC First Bank Gold Loan EMI for ₹10 Lakh at 9% for 1 years is ₹87,451 per month.
You need a minimum monthly income of ₹1,45,752 for a ₹10 Lakh gold loan from IDFC First Bank (at 9% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh gold loan from IDFC First Bank at 9% for 1 years is ₹49,412.
IDFC First Bank charges a processing fee of 1% + GST for Gold Loan.
IDFC First Bank Gold Loan prepayment policy: Nil.