Monthly EMI: ₹26,585 at 11.5% for 1 years. Total interest: ₹19,020.
| Year | Principal | Interest | Balance |
|---|
With a ₹3 Lakh gold loan from Yes Bank at 11.5% for 1 years, you will pay a monthly EMI of ₹26,585. The total amount payable is ₹3,19,020, of which ₹19,020 is interest.
At 11.5% interest rate for 1 years, the EMI for ₹3 Lakh Gold Loan from Yes Bank is ₹26,585 per month. Total interest payable: ₹19,020.
Yes Bank offers Gold Loan at 11.50 - 16.50% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹3 Lakh at 11.5% for 1 years, you would pay approximately ₹19,020 as total interest, making the total repayment ₹3,19,020.
Yes Bank's prepayment policy for Gold Loan: Nil. Making prepayments can significantly reduce your total interest outgo.
Yes Bank offers competitive rates starting from 11.50 - 16.50% with tenure up to 2 years. Compare with other banks on this page to find the best option for your ₹3 Lakh gold loan.