Top 10 Gold Loan Companies in India 2020

In a gold loan, just like any other loan, the borrower is expected to repay the principal amount as well as interest at the end of tenor or through EMI. However, one can also pre-pay the total amount including principal and accrued interest before the end of the tenor or during the term. Some banks/NBFCs do not charge any penalty for pre-payment while others do.

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