SBI Offers Gold Loan at Low Interest Rate: Know Eligibility, Tenure, How to Apply
3 years, 4 months ago

SBI Offers Gold Loan at Low Interest Rate: Know Eligibility, Tenure, How to Apply

News 18  

Gold loan demands shot up during the COVID-19 pandemic as people looked to arrange funds to meet their emergency cash requirements. In a similar bid, India’s largest public sector bank State Bank of India recently revised its gold loan interest rate. The SBI gold loan interest rates vary from 8.25 per cent to 29 per cent depending upon various factors. If you are also looking to explore options of availing Gold Loans, here’s everything you need to know about SBI Gold loans Gold loans offered by SBI come with a tenure of 36 months and the quantum of loan has been capped at Rs 50 lakh as the upper limit and Rs 20,000 as the minimum amount Any individual above the age of 18 and with a steady source of income can approach SBI with a gold mortgage to avail of the benefits of the gold loan. How to Apply for an SBI Gold loan on the SBI YONO app?

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