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Gold Loan Interest Calculation

TGL Scheme - 1,00,000 Lakh Rupees - Rs.1000 Per Gram

PAYMENT PERIOD INTEREST RATE (% p.a) INTEREST AMOUNT TOTAL AMOUNT
0 - 30 Days 90 Paise (10.8% p.a) Rs. 890 Rs. 1,00,890
1 - 90 Days 1.50 Paise (18% p.a) Rs. 4440 Rs. 1,04,440
1 - 365 Days 2.25 Paise (24% p.a) Rs. 24,000 Rs. 1,24,000
Above 365 Days 1.20 Paise (27% p.a) Rs. 27,000 Rs. 1,27,000
LGL Scheme - 1,00,000 Lakh Rupees - Rs.1500 Per Gram

PAYMENT PERIOD INTEREST RATE (% p.a) INTEREST AMOUNT TOTAL AMOUNT
0 - 30 Days Rs. 1 (12% p.a) Rs. 1000 Rs. 1,01,000
1 - 90 Days Rs. 1.50 (18% p.a) Rs. 4440 Rs. 1,04,440
1 - 365 Days 2.25 Paise (24% p.a) Rs. 24,000 Rs. 1,24,000
Above 365 Days Rs. 2.25(27% p.a) Rs. 27,000 Rs. 1,27,000
MGL Scheme - 1,00,000 Lakh Rupees - Rs.1900 Per Gram

PAYMENT PERIOD INTEREST RATE (% p.a) INTEREST AMOUNT TOTAL AMOUNT
0 - 30 Days Rs. 1.50 (18% p.a) Rs. 4440 Rs. 1,04,440
1 - 90 Days Rs. 2.00 (24% p.a) Rs. 24,000 Rs. 1,24,000
1 - 180 Days Rs. 2.25 (27% p.a) Rs. 27,000 Rs. 1,27,000
Above 365 Days Rs. 2.50 (31% p.a) Rs. 31,000 Rs. 1,31,000
HGL Scheme - 1,00,000 Lakh Rupees - Rs.2200 Per Gram

PAYMENT PERIOD INTEREST RATE (% p.a) INTEREST AMOUNT TOTAL AMOUNT
1 - 180 Days Rs. 2.10 (25.2% p.a) Rs. 12,430 Rs. 1,12,430
1 - 365 Days Rs. 2.25 (27% p.a) Rs. 27,000 Rs. 1,27,000
Above 365 Days Rs. 2.50 (31% p.a) Rs. 31,000 Rs. 1,31,000

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