SBI Gold Loan

Recently SBI (State Bank of India) has introduced the ‘SBI Gold Loan Scheme’.

Previously SBI has launched Gold Deposit scheme in which you can deposit your Gold and get a Gold Certificate from SBI. Now this time you can take Loan against Gold with SBI.

Here is a Scheme -

LOAN AGAINST GOLD ORNAMENTS -

Size of Credit Limit	Rate of Interest
Up to Rs.1,00,000/-	At SBAR i.e. 12.25% per Annum
Above Rs.1,00,000/-	0.50 above SBAR i.e. 12.75% per Annum

Advantages of SBI Gold Loans -

- Easily available

- No Income Proof required

- Low Income or disqualified for traditional loan people can also avail this Loan.

- Quick Approval

- Available on branches of SBI across the India