Apply Online for SBI Personal Gold Loan in India - Personal Banking

Eligibility

• Age : 18 years and above
• Profession : Any individual (singly or jointly) with Steady source of income including: Bank’s Employees, Pensioners. (No Proof of income required)

Repayment

• Repayment Mode 
  • Gold Loan : The repayment of Principal and Interest will be commenced from the month following the month of disbursement.
  • Liquid Gold Loan: Overdraft Account with transaction facility and monthly interest is to be served.
  • Bullet Repayment Gold Loan : On or before the term of the loan/ on closure of account.
• Repayment Period
  • Maximum :
    Gold Loan : 36 months
    Liquid Gold Loan : 36 months
    Bullet Repayment Gold Loan : 12 months

Documents Required

To Apply Loan

• Application for Gold Loan with two copies of photographs.
• Proof of Identity with proof of Address
• Witness Letter in case of illiterate borrowers.

Time of Disbursement

• DP note and DP Note Take Delivery Letter.
• Gold Ornaments Take Delivery Letter.
• Arrangement Letter.

RATE OF INTEREST (w.e.f. 15.05.2020 to 15.07.2020)