Equitas SFB Gold Loan EMI Calculator
Calculate estimated loan EMI and interest against hallmarked gold jewellery with Equitas Small Finance Bank.
Official Rate Formula & Benchmark:
Equitas Gold Loans provide fast branch liquidity against pledged gold ornaments starting at 9.90% p.a. up to statutory 75% LTV.
Current official starting rate: 9.90% p.a. (Range: 9.90% – 15.00% p.a.).
Equitas SFB Gold Loan Calculator
Interactive calculation engine using official Equitas SFB rates
For 3 years at 9.90% p.a. reducing balance
Yearly Repayment Schedule
| Year | Principal Paid | Interest Paid | Total Paid | Balance |
|---|---|---|---|---|
| Year 1 | ₹90,317 | ₹25,675 | ₹1,15,992 | ₹2,09,683 |
| Year 2 | ₹99,676 | ₹16,316 | ₹1,15,992 | ₹1,10,007 |
| Year 3 | ₹1,10,007 | ₹5,988 | ₹1,15,995 | ₹0 |
Rate Verification & Official Notice
9.90% p.a.
9.90% – 15.00% p.a.
floating RateRBI Repo Linked / Card Rate
Applicable Conditions & Eligibility Factors:
- Disbursal against hallmarked jewellery up to statutory 75% LTV
- Tenures up to 24 months
Source: Equitas Gold Loan Rates & Notices
Rates subject to borrower risk-grade & RBI regulatory changes.How It Works
- 1Pledge 18K to 22K hallmarked gold jewellery.
- 2Statutory 75% LTV ceiling per RBI regulations.
Key Factors Influencing Your Rate
- •Net gold weight in grams
- •Jewellery purity assessment
Worked Numerical Example: Equitas SFB Gold Loan Calculator
For an estimated Equitas SFB Gold Loan Calculator of ₹3,00,000 at 9.90% p.a. for 3 years, your monthly EMI is ₹9,666, with total interest of ₹47,979. Note: Actual eligible loan amount is appraised at the branch based on net gold weight (18K–22K) and RBI's 75% LTV cap.
Frequently Asked Questions: Equitas SFB Gold Loan Calculator
- Disbursal time?
- Same-day disbursal at branch.
- Starting rate?
- Starts from 9.90% p.a.