Bank | Per Gram (Rs) | Interest Rate (Yearly) | Min. Gold Required | Processing Charges | Disbursement Time | Monthly Outgo | |||
---|---|---|---|---|---|---|---|---|---|
Bullet Bullet Bullet is where payment of entire principal and interest is made at the end of the loan term. | |||||||||
Interest Only Interest Borrower pays only simple interest on the principal amount. At the end of tenure, the borrower pays principal and closes loan. | |||||||||
EMI EMI A fixed payment amount made by borrower at a specified date each calendar month used to pay off both interest & principal monthly. |
All rates and amounts displayed are estimated and it may vary with respective bank.
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