EMI: ₹26,655/month at 12%. Min income: ₹41,008/month.
A ₹3 Lakh gold loan from Muthoot Finance at 12% interest for 1 years will cost you ₹26,655 per month as EMI. You will pay a total interest of ₹19,860 over the loan tenure. The minimum monthly income needed is ₹41,008 (assuming no existing EMIs).
Muthoot Finance Gold Loan EMI for ₹3 Lakh at 12% for 1 years is ₹26,655 per month.
You need a minimum monthly income of ₹41,008 for a ₹3 Lakh gold loan from Muthoot Finance (at 12% rate, assuming no existing EMIs).
The total interest payable on ₹3 Lakh gold loan from Muthoot Finance at 12% for 1 years is ₹19,860.
Muthoot Finance charges a processing fee of 1% + GST for Gold Loan.
Muthoot Finance Gold Loan prepayment policy: Nil.