EMI: ₹17,490/month at 9%. Min income: ₹29,150/month.
A ₹2 Lakh gold loan from IDFC First Bank at 9% interest for 1 years will cost you ₹17,490 per month as EMI. You will pay a total interest of ₹9,880 over the loan tenure. The minimum monthly income needed is ₹29,150 (assuming no existing EMIs).
IDFC First Bank Gold Loan EMI for ₹2 Lakh at 9% for 1 years is ₹17,490 per month.
You need a minimum monthly income of ₹29,150 for a ₹2 Lakh gold loan from IDFC First Bank (at 9% rate, assuming no existing EMIs).
The total interest payable on ₹2 Lakh gold loan from IDFC First Bank at 9% for 1 years is ₹9,880.
IDFC First Bank charges a processing fee of 1% + GST for Gold Loan.
IDFC First Bank Gold Loan prepayment policy: Nil.