Monthly EMI: ₹8,885 at 12% for 1 years. Total interest: ₹6,620.
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With a ₹1 Lakh gold loan from Manappuram Finance at 12% for 1 years, you will pay a monthly EMI of ₹8,885. The total amount payable is ₹1,06,620, of which ₹6,620 is interest.
At 12% interest rate for 1 years, the EMI for ₹1 Lakh Gold Loan from Manappuram Finance is ₹8,885 per month. Total interest payable: ₹6,620.
Manappuram Finance offers Gold Loan at 12.00 - 26.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹1 Lakh at 12% for 1 years, you would pay approximately ₹6,620 as total interest, making the total repayment ₹1,06,620.
Manappuram Finance's prepayment policy for Gold Loan: Nil. Making prepayments can significantly reduce your total interest outgo.
Manappuram Finance offers competitive rates starting from 12.00 - 26.00% with tenure up to 2 years. Compare with other banks on this page to find the best option for your ₹1 Lakh gold loan.