Monthly EMI: ₹61,538 at 9.99% for 1 years. Total interest: ₹38,456.
| Year | Principal | Interest | Balance |
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With a ₹7 Lakh gold loan from Bandhan Bank at 9.99% for 1 years, you will pay a monthly EMI of ₹61,538. The total amount payable is ₹7,38,456, of which ₹38,456 is interest.
At 9.99% interest rate for 1 years, the EMI for ₹7 Lakh Gold Loan from Bandhan Bank is ₹61,538 per month. Total interest payable: ₹38,456.
Bandhan Bank offers Gold Loan at 9.99 - 14.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹7 Lakh at 9.99% for 1 years, you would pay approximately ₹38,456 as total interest, making the total repayment ₹7,38,456.
Bandhan Bank's prepayment policy for Gold Loan: Nil. Making prepayments can significantly reduce your total interest outgo.
Bandhan Bank offers competitive rates starting from 9.99 - 14.00% with tenure up to 2 years. Compare with other banks on this page to find the best option for your ₹7 Lakh gold loan.