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28 Feb 2018

SBI Gold Loan Interest Rate March 2018 - INTEREST RATE 11.05% per annum - Apply Now

Updated on 01.03.2018 SBI Gold Loan Interest Rate March 2018 - State Bank of India offers a very attractive interest rate @ 11.05% EMI INR 3,830/lac for 30 months tenure. Compare & Apply SBI Gold Loan on the basis of » Eligibility » Loan Amount » Interest Rate » Processing Fee » No prepayment penalties & over 13,700 branches nationwide.





SBI GOLD LOAN INTEREST RATE MARCH 2018


Type of facility Rate of Interest*
All Variants 2.15% above 1 year MCLR Floating, currently 11.05% p.a.


PROCESSING CHARGES ON SBI GOLD LOAN


(i) For BIS Hallmarked Jewellery/ Ornaments and specially minted Gold Coins sold by Banks :


0.50% of the Loan Amount + applicable Service Tax

(Min: Rs 250 ; Max: Rs 500) + applicable Service Tax

(ii) For Non Hallmarked Jewellery/ Ornaments:


(a)Up to Rs 25000: Rs 250 per application + applicable Service Tax
(b)Above Rs 25000: 0.50% of the Loan amount + applicable Service Tax or Rs 500 + applicable service Tax whichever is higher.

DOCUMENTS REQUIRED FOR SBI GOLD LOAN


  • Application Form for Gold Loans
  • Two copies of photograph of the borrower(s)
  • Proof of Identity
  • Proof of Address

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