State Bank of Patiala Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Name / नाम

Mobile / मोबाइल

Loan Amount / लोन राशि

City / शहर

PIN Code / पिन कोड

OR

Why State Bank of Patiala Gold Loan

Need cash? Apply now and get loan against your gold ornaments. Loan sanction in just 45 minutes. Attractive interest rate and flexible offers are available with zero processing fees. Don't think much apply now and enjoy unmatchable offers and benefits. Hurry!!

What is Gold Loan?

The loan that is given against gold, is known as Gold Loan. This includes the gold ornaments of the borrower excluding the diamond articles and mangal sutra. The borrower keeps his gold ornaments as collateral with the lender and takes the money against those ornaments.. Many go for the fulfillment of their short term goal through gold loans, such as their child's education, marriage or other family problems. Many think that instead of keeping it idle at home or in a locker, the gold loan is the best option.

Advantages of taking Gold loan:-

Easy and Hassel-free Process
Approval in 30 minutes
Simple Documentation
Dedicated Assistance
No salary certificate or credit card history is required
Lowest Interest Rate

Interest Rate of Gold Loan

Interest Rate:

Generally gold loan is available at the interest rate of 11.5% to 14.5%
ROI for tenure less than 1 year is also available at 1%
Processing fees equals to 2000
Borrower will be given an option to pay only interest during the entire term and at the end of the tenure, you can pay complete borrowed amount in a single shot

Eligibility & Documents

Check Your Eligibility:

Age: 21 years and above
Profession: Anybody with Steady source of income including: Bank’s Employees, Pensioners

Documents

Identity Proof (Passport Copy/ Voters ID card/ PAN Card/Aadhaar Card).
Address proof(Passport/ Electricity Bill/Telephone bill/ Aadhaar Card).
Signature proof ( Passport/ PAN Card/Banker’s verification/ cheque).
2 passport size photographs

Know about the terms and conditions:

Foreclosure Charges- charges that are to be paid when the loan is closed before the tenure is completed.
foreclosure charges can be up to 1%.The minimum loan tenure is 6 Months.
So foreclosure charges after 6 months are 0.
Charges for late payment of loan Amount
2% p.a. as penal interest over and above the applicable rate of interest.