Gold chain 40.71 g · Pledged 24 Aug 2026 · Narender Pal Singh
to redeem today
The loan
Pledge details
Live · updates each day
Where it stands today
Interest
What it costs to hold
Redemption calculator
Cost to redeem by a date
Payments
Log interest / part-payments
Date
Towards
Note
Amount
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How a gold loan works
Interest accrues at 11.88%/yr on the outstanding — ~₹150/day. It builds up whether or not you pay monthly.
To get the gold back (redeem), clear the outstanding principal + accrued interest. You can also pay interest periodically to keep it from piling up, and part-pay principal any time to cut future interest.
Tenure on SIB gold loans is usually 12 months — redeem or renew before ~24 Aug 2027. After tenure, the rate can jump and the pledge risks auction.
Figures here are a simple-interest estimate on the outstanding; the bank may use monthly rests or a slab rate — treat the bank's statement as final.
Private tracker — saved in this browser only. Interest is an estimate; the bank's statement is the legal record. Not financial advice.