Monthly EMI: ₹43,842 at 9.5% for 1 years. Total interest: ₹26,104.
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With a ₹5 Lakh gold loan from Bajaj Finserv at 9.5% for 1 years, you will pay a monthly EMI of ₹43,842. The total amount payable is ₹5,26,104, of which ₹26,104 is interest.
At 9.5% interest rate for 1 years, the EMI for ₹5 Lakh Gold Loan from Bajaj Finserv is ₹43,842 per month. Total interest payable: ₹26,104.
Bajaj Finserv offers Gold Loan at 9.50 - 14.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹5 Lakh at 9.5% for 1 years, you would pay approximately ₹26,104 as total interest, making the total repayment ₹5,26,104.
Bajaj Finserv's prepayment policy for Gold Loan: Nil. Making prepayments can significantly reduce your total interest outgo.
Bajaj Finserv offers competitive rates starting from 9.50 - 14.00% with tenure up to 2 years. Compare with other banks on this page to find the best option for your ₹5 Lakh gold loan.