Monthly EMI: ₹26,514 at 11% for 1 years. Total interest: ₹18,168.
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With a ₹3 Lakh gold loan from Mahindra Finance at 11% for 1 years, you will pay a monthly EMI of ₹26,514. The total amount payable is ₹3,18,168, of which ₹18,168 is interest.
At 11% interest rate for 1 years, the EMI for ₹3 Lakh Gold Loan from Mahindra Finance is ₹26,514 per month. Total interest payable: ₹18,168.
Mahindra Finance offers Gold Loan at 11.00 - 20.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹3 Lakh at 11% for 1 years, you would pay approximately ₹18,168 as total interest, making the total repayment ₹3,18,168.
Mahindra Finance's prepayment policy for Gold Loan: Nil. Making prepayments can significantly reduce your total interest outgo.
Mahindra Finance offers competitive rates starting from 11.00 - 20.00% with tenure up to 2 years. Compare with other banks on this page to find the best option for your ₹3 Lakh gold loan.