Please Note: SBI is not a Paisabazaar partner. Offers would be from partner banks/NBFCs only.
SBI Gold Loan can be availed by submitting applicant’s owned gold, gold ornaments or gold coins as a collateral or security with SBI. SBI shall safely return the submitted collateral on the timely repayment of the loan amount. The loan application process is hassle-free and loan approval along with disbursal is instant. The interest rate on personal gold loan offered by SBI is 7.50% onwards. More details of SBI Gold loan are provided below.
SBI Personal Gold Loan – Features & Interest Rate – 2021
|Interest Rate||7.50% onwards (per annum)|
|Minimum Loan Amount||Rs. 20,000|
|Maximum Loan Amount||Rs. 50 Lakh|
|Age Criteria||Min. 18 years & Max. 70 years|
|Loan Tenure||Up to 36 months|
|Gold Items accepted||Gold ornaments verified for quality and quantity|
|SBI Gold Loan Processing Charges||Nil if applied through YONO
0.25% + GST | Min. Rs. 250 + GST
Note: The above and below mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the bank and RBI. GST and service tax shall be levied extra on the mentioned charges.