Please Note: SBI is not a Paisabazaar partner. Offers would be from partner banks/NBFCs only.
Gold Loan, being a secured loan, can be availed at a lower rate of interest than personal loans and is widely used to cover financial emergencies. Easy documentation and quick disbursal make gold loan an ideal choice for such urgent needs. State Bank of India is among the top lenders offering gold loan at interest rate that is at as low as 7.30% onwards. More details of SBI Gold loan interest rate are provided below.
SBI Gold Loan Interest Rate – 2021
|SBI Gold Loan Interest Rate||SBI Housing Loan Customers – 7.3% p.a. onwards|
Other Variants – 7.5% p.a. onwards
|SBI Gold Loan Processing Charges||Nil if applied through YONO|
0.25% + GST | Min. Rs. 250 + GST
|Loan Tenure||Gold Loan /Liquid Gold Loan – 36 months|
Bullet Repayment Gold Loan – 12 months
|Loan Amount||Rs. 20,000 – Rs. 50 Lakh|