State Bank of Hyderabad Gold Loan

Gold Loan at 7.25% p.a

Apply & Get Instant Money

State Bank of Hyderabad Gold Loan Gold Loan Key Features

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

Advantages of State Bank of Hyderabad Gold Loan

  • Fast Process: Gold Loan from State Bank of Hyderabad quickly get approves and payout. 
  • Minimal Documents: Only essential and straightforward documents are required for taking up the Gold Loan from State Bank of Hyderabad. 
  • Transparent System: There are no hidden charges from the customers. Proper transparency is maintained.
  • Amount of Loan: Atleast Rs15,000 amount of loan is granted. In rural areas, the least amount of loan accessed is Rs 10,000.
  • Safety of Jewellery: State Bank of Hyderabad takes charge for the protection of your gold in return which you obtain Gold Loan. For security purpose, the gold is provided fireproof protection.
  • Loan Tenure: The Loan is provided for the term from three months to a pair of years.
  • Benefits for Farmers: Some exclusive offers for agricultural purposes. Low Gold Loan charge per unit for agricultural uses are provided.
  • No Debt Burden: If due to any reason the consumer is not able to pay back the loan, then the person will not be under any debts.
  • No financial gain bounds: There is no restriction on the wage of the person to access Gold Loan. Candidates of any financial level can take the advantages of Gold Loan.

How Much Gold Loan can I Get through State Bank of Hyderabad Gold Loan?

State Bank of Hyderabad 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

 

State Bank of Hyderabad Gold Loan Eligibility

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

State Bank of Hyderabad Gold Loan Documents Required

Photographs

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)

 

State Bank of Hyderabad 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 State Bank of Hyderabad Gold Loan

Uncertainties are a part of life. We need to keep on tackling all the different kind of uncertainties. At any specific time to tackle these uncertainties, a person needs financial support. Gold Loan in all such conditions plays a vital role in fighting with the monetary crisis. Gold Loan is a Secured Loan. Any individual with low CIBIL score gets easy access to the services. State Bank of Hyderabad Gold Loan is one amongst the most uncomplicated Gold Loan in India.

Despite there be a variety of financial banking and non-banking firms that avail Gold Loan, State Bank of Hyderabad Gold Loan is the most opted and taken into account the simplest. State Bank of Hyderabad Gold Loan is popularly known for its good monetary services because it is considered the most dependable banks in India. It was established in 1941.

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

Types of State Bank of Hyderabad Gold Loan

State Bank of Hyderabad provides a variety of schemes for different types of Gold Loan product ultimately:

  •  Loan Against Gold – State Bank of Hyderabad Gold Loan provides Loan at a low rate of interest which truly satisfies anyone’s immediate needs. It is the most secured style of Loan, where the bank has no risk within the disposition quantity of money to the loan seeker.
  • Loan Against Gold for Agriculture- Particularly for the farmers for any agricultural uses State Bank of Hyderabad Gold Loans provides Loan at a special rate of interest. In return of the offer with a special rate of interest bank which is mainly for farmers, the bank needs the Land proofs for the Loan.

State Bank of Hyderabad 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 State Bank of Hyderabad Gold Loan EMI

State Bank of Hyderabad Gold Advance is stipendiary within the entirely different following ways:

  • Standing Instruction (SI): If you are an account holder with State Bank of Hyderabad presently, then Standing directions is that the most opted technique of payment. Toward the end of the monthly amount, the EMI quantity is attributable from the somebody’s State Bank of Hyderabad checking account the applicant shows.
  • Electronic Clearing Service (ECS): This theme is for the candidates have a non-State Bank of Hyderabad 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-State Bank of Hyderabad statement at your near State Bank of Hyderabad 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 because it was.

State Bank of Hyderabad Gold Loan Contact Number

Call at 9878981144 to get instant help and approval for your State Bank of Hyderabad Gold Loan. You can know the best offers on Gold Loan available from all the State Bank of Hyderabad Branches throughout the country to avail the best deal suitable to your needs.

Gold Ornaments Accepted by State Bank of Hyderabad

  • Gold Jewellery like Gold Bangles, Gold rings, Gold anklets, Gold Necklaces etc. are all accepted by State Bank of Hyderabad for seeking Gold Loan.
  • Quality: The quality of Gold should be between 18 to 22 Carat. Any 24 Carat gold ornaments cannot be used to avail a gold loan.

Use of State Bank of Hyderabad Gold Loan

The fund that is taken by State Bank of Hyderabad Gold Loan services can be used for several purposes:

  • Fund for any appropriate investments such as hiking, marriage, instalment of higher tuition payments, etc.
  • Loan services are available for marketing essentials like purchasing fresh supply, developing marketing, etc.
  • Additional 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 farming-related projects.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.25% – 14.50%

ICICI Gold Loan

7.25% – 16.10%
Muthoot Finance Gold Loan

7.25% – 24.00%

Axis Bank Gold Loan

7.25% – 17.00%
Manappuram Gold Loan

7.25% – 26.00%

Yes Bank Gold Loan

7.25% – 15.99%
Bank of India Gold Loan

7.25% – 26.00%

Federal Bank Gold Loan 

7.25% – 13.50%
IIFL Gold Loan

7.25% – 12.00%

Central Bank of India Gold Loan

7.25% – 14.65%

Canara Bank Gold Loan

7.25% – 12.65%

Allahabad Bank Gold Loan

7.25% – 10.45%

Induslnd Bank Gold Loan

7.25% – 15.75%
PNB Gold Loan

7.25% – 11.75%

Bajaj Finance Gold Loan

7.25% – 26%
SBI Gold Loan

7.25% – 15.99%

Indian Bank Gold Loan

7.25% – 15.99%
UCO Bank Gold Loan

7.25% – 26.00%

Kotak Mahindra Bank Gold Loan

7.25% – 13.50%
Syndicate Bank Gold Loan

7.25% – 12.00%

 

FAQs About State Bank of Hyderabad Gold Loan

  • What is State Bank of Hyderabad Gold Loan?

State Bank of Hyderabad Gold Loan could be a loan theme wherever you will be able to access for any emergency monetary facilitate by keeping your gold as a guarantee with the bank. It comes with participating interest rates on Term Loan, bill of exchange and EMI based mostly loan. Average Gold Loan disbursal time is simply 45 minutes.

  • How can I get the Gold Loan from State Bank of Hyderabad?

Visit Loannow web page for attaining a gold loan from State Bank of Hyderabad or reach to the nearest State Bank of Hyderabad branch.

  • What is Gold Loan Interest Rate in State Bank of Hyderabad?

The Gold Loan Interest Rate in State Bank of Hyderabad is 7.25% per annum.

  • How much Gold Loan can I get per gram in State Bank of Hyderabad?

The value of per gram Gold Loan ultimately depends on the pureness and quality of the gold. State Bank of Hyderabad holds gold purity among 18 to 22 carats to present a Gold Loan. You can avail up to Rs. 5,219 per gram in State Bank of Hyderabad Gold Loan.

  • How to check Gold Loan status in State Bank of Hyderabad?

The tracker website page is available for the applicants to check their gold loan status in the State Bank of Hyderabad, or you can visit the nearest branch of the bank.

  • How to calculate Gold Loan Interest in State Bank of Hyderabad?

You can calculate the exact data of gold loan interest based on your entered data by using the Loannow EMI calculator.

  • How to Pay State Bank of Hyderabad Gold Loan Interest Online?

State Bank of Hyderabad Gold Loan interest can be paid through net banking on the official State Bank of Hyderabad gold loan repayment web page or alternatively. Another mode Paytm can also be used to repay State Bank of Hyderabad Gold Loan or your preferred payment method.

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

If the interest isn’t paid back for three months, then at the initial stage, a reminder is given for your unfinished dues. After this, if the payment requests go neglected or unhearable, then an official legal notice is shipped, that demands the compensation and closure of the loan. Such defaults on your Gold Loan finishes up in an exceedingly decrease of your credit score and additionally cause you to be responsible to face legal actions by the bank which can embody arrogation and auction of your gold.

  • How can I apply for EMI Moratorium on State Bank of Hyderabad Gold Loan?

You can apply now for EMI Moratorium on State Bank of Hyderabad Gold Loan within 1st March and 31st August 2020. You can get it done by communicating the Bank Customer Care or visiting the nearby State Bank of Hyderabad branch.