MoneyLens / Gold loans
Your gold loan, explained.
Gold loan · Sahyadri Bank Ltd · ••••4408
Illustrative
Gold loan · Bank
Closure25 Sep
Repaid on
25 Sep 2026
loan closed
Gold returned
9 Oct 2026
11 working days after
Compensation
₹20,000
4 days late × ₹5,000
Loan
₹1,00,000
EMI
A gold loan of ₹1,00,000 from Sahyadri Bank Ltd at 10% a year, repaid in EMIs, against gold valued at ₹1,50,000 (66.7% of its value). Repaid on 25 Sep 2026; the gold is due back within 7 working days of full repayment.
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