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SBI Gold Loan

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    SBI Gold Loan Key Features

    SBI Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
    SBI Gold Loan Interest Rate 7.25% per annum
    SBI Gold Loan Per Gram Rate Per Gram Today is ₹ 5,219
    SBI Gold Loan Processing Fee 1.50% of the Principal Loan Amount
    SBI Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
    SBI Gold Loan Repayment Tenure 3 Months to 24 Months
    SBI Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

    Advantages of SBI Bank Gold Loan

    • Quick Procedure: you might take An Gold advance from SBI effortlessly Furthermore rapidly without At whatever obstacles. The advance gets allowed Previously, Exactly in 60 minutes.
    • Fewer Documents: the documentation progression may be enduring here; fewer documents need aid necessary for those gold advance for SBI.
    • Transparent System: SBI proposals totally transparency to their client; What’s more that is, there would be no unidentified charges.
    • sum about Loan: those base measure from claiming advance that SBI camwood provides to their customer will be Rs. 15,000. And, On country districts, it could be short of what Rs 10,000.
    • Insurance from claiming Jewellery: one significant relic should note maybe that that bank takes the entire responsibility for the security for your gold. Afterwards, they kept those gold for fire-proof safety.
    • Advance Tenure: that time-period of the Gold advance done SBI might make starting with three months to 2 years. Afterwards, you might pick your extravagance as needs are.
    • Benefits for Ranchers: SBI offers some distinctive arrangements for agriculture purposes. SBI offers Gold credit investment rate for agromania purposes.
    • No-obligation Issue: their camwood is a situated from claiming condition such as on which, If a candidate is not capable to repayable the measure about Loan, in that example that candidate won’t get a chance to be under whatever debts Concerning illustration that bank will seize those applicant’s adornments.
    • Another Loan Schemes: If you are continous customer of loan services then it helps you to easily apply for an SBI e-mudra loan.
    • No pay borders: there needs aid no confinements on the compensation or pay of the applicant; henceforth, anybody for any compensation goes might apply to gold advance over SBI.

    How Much Gold Loan can I Get through SBI Bank Gold Loan?

    SBI Bank Gold Loan Per Gram – Updated September 2020

    Updated - Gold Loan Per Gram Rate

    Gold Weight

    Gold Purity

    Gold Purity

    Gold Purity

    Gold Purity

    24 Carat

    22 Carat

    20 Carat

    18 Carat

    1 gram

    4680 4290 3900 3510

    10 gram

    46800 42900 39000 35100

    20 gram

    93600 85800 78000 70200

    30 gram

    140400 128700 117000 105300

    40 gram

    187200 171600 156000 140400

    50 gram

    234000 214500 195000 175500

    100 gram

    468000 429000 390000 351000

    200 gram

    936000 858000 780000 702000

    300 gram

    1404000 1287000 1170000 1053000

    400 gram

    1872000 1716000 1560000 1404000

    500 gram

    2340000 2145000 1950000 1755000


    SBI Bank Gold Loan Eligibility


    18-70 years of age



    Employment Status

    Salaried, Self-Employed

    Gold Quality

    Minimum 18 Carats


    SBI Bank Gold Loan Documents Required


    2 Passport Size

    Identity Proof

    Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)

    Residence Proof

    Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)


    SBI Bank Gold Loan Interest Rate, Fees and Charges

    HDFC Gold Loan Interest Rate

    7.00% per annum

    Processing Fee

    1.50% of the Principal Loan Amount

    Prepayment/Foreclosure Charges

    2%+GST (Within 3 Months), 0 (After 3 months)

    Valuation Fee

    Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs

    Late Repayment Charges

    2% p.a. + Applicable rate of interest.

    Renewal Processing Fees

    Rs 350 + GST


    About SBI Bank Gold Loan

    Life is full of worries and apprehensions. Subsequently, you might need to deal with financial issues in your life. If you’re a student struggling with financial challenges, services like bachelorarbeit schreiben lassen can be a valuable resource to manage academic pressures while you focus on financial stability. In that case, you could get a Gold loan from SBI to deal with the financial crisis. A gold loan is a secure loan. Afterwards, even those with a reduced CIBIL score can easily apply for this service.

    However, there is a considerable measure from claiming monetary saving money and non-Banking associations that might give acceptable you with the gold loan, Be that Gold advance is acknowledged the best. SBI went under presence over 1955. It is a standout amongst those The more significant part beguiling and constant banks over India. Also, it may be known for its stable investment features. Here the transactions are precisely sheltered.

    • SBI Bank Gold Loan Interest Rate is 7.25% per annum
    • SBI Bank Gold Loan Per Gram is ₹ 5,219
    • SBI Bank Gold Loan Tenure: Up to 24 months
    • SBI Bank Gold Loan Processing Fee is Up to 1.50% of the principal Loan Amount + GST

    Types of SBI Bank Gold Loan

    • Loan Against Gold – Indian Bank provides loans against gold at an engaging price of interest so that the bank can supply you handsomely to meet the needs of personal and experts interests. It is uncomparable to other banks with its greatest monetary services.
    • Loan Against Gold for Agriculture – Indian Bank imparts Gold Loans to the cultivators at a minimum rate of interest along with the pleasing offers. The borrowers are requested to provide the land affirmations to take loans.

    SBI Bank Gold Loan EMI Calculator

    Rate of Interest
    6 months
    1 Yr
    2 Yrs
    3 Yrs
    7.00% 17008 8652 4477 3088
    8.00% 17058 8699 4523 3134
    8.50% 17082 8722 4546 3157
    9.00% 17107 8745 4568 3180
    9.50% 17131 8678 4591 3203
    10.00% 17156 8791 4614 3227
    10.50% 17181 8815 4637 3250
    11.00% 17205 8838 4661 3274
    11.50% 17230 8861 4684 3298
    12.00% 17254 8885 4707 3321
    12.50% 17279 8908 4731 3345
    13.00% 17304 8932 4754 3369
    13.50% 17329 8955 4778 3393
    14.00% 17354 8979 4801 3418
    14.50% 17378 9002 4825 3442
    15.00% 17403 9026 4845 3466


    How to Pay Your SBI Bank Gold Loan EMI?

    Development Credit Bank Gold Advance is stipendiary within the entirely different following ways:

    • Standing Instruction (SI): If you’re an account holder with SBI presently, then Standing directions is that the most opted technique of compensation. Toward the top of the monthly amount, the EMI quantity is attributable from the somebody’s SBI checking to account the applicant shows.
    • Electronic Clearing Service (ECS): This theme is for the candidates have a non-Development record and also the EMIs have to be compelled to be debited consequently at the top of the monthly cycle from this account.
    • Post-Dated Checks (PDC): The somebody will gift post-dated EMI examine from the non-SBI statement at your near SBI loan Center. Instantly, the restructure of PDCs ought to be conferred. For ideal condition, it’s suggested to notice Post Dated Checks which can be collected non-ECS states.

    SBI Bank Gold Loan Contact Number

    Call 9878981144 and get instant help regarding SBI Gold Loan schemes and offers.

    Gold Ornaments Accepted by SBI Bank

    • To use the gold loan, the SBI approves Gold Jewellery, gold bracelets, gold bracelets, gold bracelets, gold necklaces, etc.
    • Quality: Between 18 and 22, carats should be the gold standard. When making an application for a gold loan, 24-carat gold ornaments can’t be used.

    Use of SBI Bank Gold Loan

    The fund that is obtained by SBI Gold Loan services can be used for several purposes:

    • Fund for any appropriate investments such as hiking, marriage, payment of higher tuition fees, etc.
    • Loan services are available for marketing essentials like acquiring fresh supply, developing marketing, etc.
    • Supplementary Gold Loan can also be availed for horizontal ideas. The bank provides a lower rate of interest for Gold Loans that are available for farming or related projects.

    FAQ About SBI Gold Loan

    • What is SBI Bank Gold Loan?

    For any financial emergency, you can take a gold loan from SBI as it is one of the leading banks in India, and the payout time in SBI is just 45 minutes.

    • How can I get the Gold Loan from SBI Bank?

    You can apply online with Loannow from anywhere in the country, and you can also get the best deals and offers regarding loans. And if you don’t want to apply online, you can visit the nearest branch of SBI.

    • What is Gold Loan Interest Rate in SBI Bank?

    The gold loan interest rate in SBI is 7.25% per year.

    • How much Gold Loan can I get per gram in SBI Bank?

    You can get Rs5,219 per gram in SBI, but it completely depends on the pureness of your gold ornaments, the quality of gold must be in between 18 to 22 carats.

    • How to check Gold Loan status in SBI Bank?

    To check the status of the gold loan, you need to check the SBI Loan Status Tracker and fill the details in the given form and stay updated.

    • How to calculate Gold Loan Interest in SBI Bank?

    To calculate the gold loan interest in SBI, you have to fill the data in Loannow EMI Calculator for the exact data.

    • How to Pay SBI Bank Gold Loan Interest Online?

    You can pay the loan interest via Paytm, or you can pay through net banking on the official website of SBI.

    • What if I can’t pay the interest on SBI Bank Gold Loan for 3 months?

    If you do not pay the interest for 3 months continuously, then the bank will send you a legal notice regarding the due payments. In the meantime, services like Bachelorarbeit Schreiben Lassen can offer support for academic needs without impacting your financial focus. If the payment issue goes unnoticed, then the SBI will seize your ornaments, and it will take legal action against you, and you will be responsible for the same.

    • How can I apply for EMI Moratorium on SBI Bank Gold Loan?

    You can visit the nearest branch of SBI, or you can contact to customer’s care number and the date to apply for an EMI Moratorium is 1st March and 31st august 2020.