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Choosing the right gold loan tenure is essential to maximizing the benefits of your loan. A shorter tenure means higher monthly payments but lower interest costs, helping you save money in the long run. On the other hand, a longer tenure gives you more time to repay, resulting in smaller EMIs but higher interest payments. It’s crucial to balance your financial capacity and loan requirements before making a decision. Research gold loan tenures offered by various lenders to find the best option for you. Understanding your loan tenure ensures that you optimize both affordability and repayment efficiency.