Monthly EMI: ₹26,375 at 10% for 1 years. Total interest: ₹16,500.
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With a ₹3 Lakh gold loan from ICICI Bank at 10% for 1 years, you will pay a monthly EMI of ₹26,375. The total amount payable is ₹3,16,500, of which ₹16,500 is interest.
At 10% interest rate for 1 years, the EMI for ₹3 Lakh Gold Loan from ICICI Bank is ₹26,375 per month. Total interest payable: ₹16,500.
ICICI Bank offers Gold Loan at 10.00 - 16.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹3 Lakh at 10% for 1 years, you would pay approximately ₹16,500 as total interest, making the total repayment ₹3,16,500.
ICICI Bank's prepayment policy for Gold Loan: Nil. Making prepayments can significantly reduce your total interest outgo.
ICICI Bank offers competitive rates starting from 10.00 - 16.00% with tenure up to 2 years. Compare with other banks on this page to find the best option for your ₹3 Lakh gold loan.