Monthly EMI: ₹43,956 at 9.99% for 1 years. Total interest: ₹27,472.
| Year | Principal | Interest | Balance |
|---|
With a ₹5 Lakh gold loan from Bandhan Bank at 9.99% for 1 years, you will pay a monthly EMI of ₹43,956. The total amount payable is ₹5,27,472, of which ₹27,472 is interest.
At 9.99% interest rate for 1 years, the EMI for ₹5 Lakh Gold Loan from Bandhan Bank is ₹43,956 per month. Total interest payable: ₹27,472.
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 ₹5 Lakh at 9.99% for 1 years, you would pay approximately ₹27,472 as total interest, making the total repayment ₹5,27,472.
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 ₹5 Lakh gold loan.