Gold loans: SBI to Canara Bank-7 banks with low interest rate

English According to BankBazaar, these seven banks provide gold loans beginning at 8.8% on a Rs 5 lakh loan for one year. lifestyle Jul 19 2024 Author: Richa Barua Image Credits:Freepik

Bank of India

English The Bank of India charges 8.8% on a one-year Rs 5 lakh gold loan, the lowest bank gold loan rate. This EMI is Rs 43,360. Image credits: Freepik

Indian Bank

English Indian Bank provides a one-year Rs 5 lakh gold loan at 8.95%. The monthly payment is Rs 43,390. Image credits: our own

Canara Bank

English Canara Bank, HDFC Bank, and ICICI Bank charge 9% on one-year Rs 5 lakh gold loans. The EMI is Rs 43,400. Image credits: Freepik

Bank of Baroda

English Bank of Baroda charges 9.15 per cent on a one-year Rs 5 lakh gold loan. Borrowers pay Rs 43,430 EMI. Image credits: Social Media

Union Bank of India

English Union Bank of India and Punjab National Bank charge 9.25 per cent on a one-year Rs 5 lakh gold loan. Borrowers pay Rs 43,450 EMI. Image credits: Social Media

SBI

English SBI provides a two-year gold loan of Rs 5 lakh at 9.6%. Borrowers pay Rs 43,615 EMI. Image credits: Freepik

Axis Bank

English Axis Bank charges 17% interest on a one-year Rs 5 lakh gold loan. EMIs will be Rs 44,965. Image credits: Freepik

Gold rate on July 19: Check 22 and 24 carat price in YOUR city Petrol, diesel NEW prices announced on July 19: Check city-wise rates Feeling Bored? Try THESE things to beat your boredom Helix to Lagoon: 7 nebulas to watch out for in the night sky