Gold Loan: Do you also have a plan to buy a house? Planning to take a gold loan to buy a house. Gold loans, gold or gold jewelery pledges and takes a loan. This can be done by mortgaging any bank pass. There is less paperwork in this and money is also available soon. The good thing here is that 10 grams of gold in the country has crossed Rs 88,000. In such a situation, you will be able to get more loans on your mortgaged gold. Here you are telling you how much EMI you will have to pay on a gold loan of Rs 5 lakh.
HDFC Bank
Private Sector Bank HDFC Bank is taking interest at an interest rate of 8.5 percent on a gold loan of Rs 5 lakh for two years. In such a situation, your monthly EMI installment will be Rs 22,568.
Indian bank
Indian Bank is giving gold loan at the rate of 8.65 percent on a gold loan of Rs 5 lakh of 2 years. Then the monthly installment is Rs 22,599.
Union bank of india
Union Bank of India is offering the cheapest gold loan with 8.7 percent. In this, EMI will be Rs 22,610 on a gold loan of Rs 5 lakh on a two -year period.
Bank of india
Bank of India is charging 8.8 percent interest on gold loan of Rs 5 lakh on a two -year period. It will have to pay an EMI of Rs 22,631.
Canra bank
Canara Bank and Punjab National Bank are paying 9.25 percent interest on two years gold loan. EMI will be Rs 22,725 on a gold loan of Rs 5 lakh.
Bank of Baroda
Bank of Baroda is charging 9.4 percent interest on Rs 5 lakh lakh on a two -year gold loan. The bank will take a monthly EMI of Rs 22,756 on this.
State bank of india
State Bank of India (SBI) is charging 9.6 percent interest on a loan of 5 lakhs on a two -year gold loan. It will have to pay a monthly EMI of Rs 22,798.
ICICI Bank
ICICI Bank charges 10 percent interest on gold loan of Rs 5 lakh with a two -year period. The borrowers will have to pay an EMI of Rs 22,882.
Axis bank
Axis Bank invests an interest rate of 17 percent on a gold loan of Rs 5 lakh with a two -year period. The EMI of the borrowers will be Rs 24,376.
Gold Price Today: Gold on record high, 10 grams of gold beyond Rs 88500, know why prices are increasing