100% Free

Union Bank Gold Loan for ₹5 Lakh

EMI: ₹43,448/month at 7.8%. Min income: ₹70,078/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%

Union Bank Gold Loan for ₹5 Lakh - Key Details

Interest Rate
7.8% p.a.
Monthly EMI
₹43,448
Total Interest
₹21,376
Total Payment
₹5,21,376
Min Income Required
₹70,078/mo
Processing Fee
0.50% + GST

A ₹5 Lakh gold loan from Union Bank at 7.8% interest for 1 years will cost you ₹43,448 per month as EMI. You will pay a total interest of ₹21,376 over the loan tenure. The minimum monthly income needed is ₹70,078 (assuming no existing EMIs).

Frequently Asked Questions

What is Union Bank gold loan EMI for ₹5 Lakh?

Union Bank Gold Loan EMI for ₹5 Lakh at 7.8% for 1 years is ₹43,448 per month.

What income do I need for ₹5 Lakh gold loan from Union Bank?

You need a minimum monthly income of ₹70,078 for a ₹5 Lakh gold loan from Union Bank (at 7.8% rate, assuming no existing EMIs).

What is the total interest on ₹5 Lakh gold loan from Union Bank?

The total interest payable on ₹5 Lakh gold loan from Union Bank at 7.8% for 1 years is ₹21,376.

What is Union Bank's processing fee for ₹5 Lakh gold loan?

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

Can I prepay my Union Bank gold loan?

Union Bank Gold Loan prepayment policy: Nil.

₹5 Lakh Gold Loan from Other Banks

SBIFrom 7.50 - 9.50%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%Indian BankFrom 7.60 - 9.60%IDBI BankFrom 7.65 - 10.50%

Other Union Bank Gold Loan Amounts

₹1 LakhEMI ₹8,690/mo₹2 LakhEMI ₹17,379/mo₹3 LakhEMI ₹26,069/mo₹7 LakhEMI ₹60,827/mo₹10 LakhEMI ₹86,896/mo