Advance Installment Loans Online Pennsylvania

Apply on line for SBI private Gold Loan in Asia – Personal Banking

Apply on line for SBI private Gold Loan in Asia – Personal Banking

Personal Gold Loans

SBI Private Gold Loan
  • Features
  • Eligibility
  • Payment
  • Papers Required
  • Interest rate

SBI Gold Loan could be availed by pledge of gold ornaments including gold coins offered by Banking institutions with minimum paper work and low interest.

Features

  • Optimum Loan Amount: Rs 20.00 lacs
  • Minimal Loan Amount: Rs 20,000 /-
  • Margin
    • Gold Loan: 25%
    • Fluid Gold Loan: 25%
    • Bullet Repayment Gold Loan: 35%
  • Safety: Pledge of gold ornaments duly confirmed for quality & volume.
  • Processing charges: 0.50percent for the Loan amount + relevant GST minimum Rs500/- + applicable GST
  • Rate Of Interest:
    • For almost any Loan quantity: 0.50% over the MCLR-1yr
  • Others: silver appraiser costs may be compensated by the Applicant.

Eligibility

  • Age: 18 years and above
  • Career: Any specific (singly or jointly) with Steady income source including: Bank’s Employees, Pensioners. (No evidence of earnings needed)

Payment

  • Repayment Mode
    • Gold Loan: The payment of Principal and Interest should be commenced through the thirty days following a thirty days of disbursement.
    • Fluid Gold Loan: Overdraft Account with deal center and month-to-month interest is become served.
    • Bullet Repayment Gold Loan: On or prior to the term of this loan/ on closing of account.
  • Repayment Period
    • Optimum: Gold Loan: 36 months fluid Gold Loan: 36 months Bullet Repayment Gold Loan: one year

Papers Required

To Utilize Loan

  • Application for Gold Loan with two copies of photographs.

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