100% Free

SBI Gold Loan for ₹1 Lakh

EMI: ₹8,676/month at 7.5%. Min income: ₹13,994/month.

1
Your Details
Income Details
₹
₹
Loan Parameters
%
2
Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
₹ 0
Existing EMIs
₹ 0
0%
New Loan EMI
₹ 0
0%
Remaining Income
₹ 0
0%

SBI Gold Loan for ₹1 Lakh - Key Details

Interest Rate
7.5% p.a.
Monthly EMI
₹8,676
Total Interest
₹4,112
Total Payment
₹1,04,112
Min Income Required
₹13,994/mo
Processing Fee
0.50% + GST

A ₹1 Lakh gold loan from SBI at 7.5% interest for 1 years will cost you ₹8,676 per month as EMI. You will pay a total interest of ₹4,112 over the loan tenure. The minimum monthly income needed is ₹13,994 (assuming no existing EMIs).

Frequently Asked Questions

What is SBI gold loan EMI for ₹1 Lakh?

SBI Gold Loan EMI for ₹1 Lakh at 7.5% for 1 years is ₹8,676 per month.

What income do I need for ₹1 Lakh gold loan from SBI?

You need a minimum monthly income of ₹13,994 for a ₹1 Lakh gold loan from SBI (at 7.5% rate, assuming no existing EMIs).

What is the total interest on ₹1 Lakh gold loan from SBI?

The total interest payable on ₹1 Lakh gold loan from SBI at 7.5% for 1 years is ₹4,112.

What is SBI's processing fee for ₹1 Lakh gold loan?

SBI charges a processing fee of 0.50% + GST for Gold Loan.

Can I prepay my SBI gold loan?

SBI Gold Loan prepayment policy: Nil.

₹1 Lakh Gold Loan from Other Banks

HDFC BankFrom 8.50 - 16.50%ICICI BankFrom 10.00 - 16.00%Axis BankFrom 9.75 - 17.00%Kotak Mahindra BankFrom 10.00 - 17.00%Bank of BarodaFrom 7.70 - 9.70%PNBFrom 7.85 - 9.90%Canara BankFrom 7.65 - 9.65%Union BankFrom 7.80 - 9.80%Indian BankFrom 7.60 - 9.60%IDBI BankFrom 7.65 - 10.50%

Other SBI Gold Loan Amounts

₹2 LakhEMI ₹17,351/mo₹3 LakhEMI ₹26,027/mo₹5 LakhEMI ₹43,379/mo₹7 LakhEMI ₹60,730/mo₹10 LakhEMI ₹86,757/mo