Gold Loan Interest Rate In State Bank Of Hyderabad - 2017-2018 StudyChaCha

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  #1  
Old January 10th, 2017, 10:56 AM
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Default Gold Loan Interest Rate In State Bank Of Hyderabad

Hii sir, I wants to Apply for the Gold loan of the State bank of Hyderabad Will you Please provide me the Interest rates of the Gold loan of the State bank of Hyderabad ?
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  #2  
Old January 10th, 2017, 11:39 AM
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Default Re: Gold Loan Interest Rate In State Bank Of Hyderabad

As you Asking for the Interest Rates of the Gold Loan of the the State bank of Hyderabad the details of the \Gold Loan of the State bank of Hyderabad is As Follow


Purpose
Demand Loan OR Overdraft by way of pledge of gold ornaments for genuine requirements of individuals

Features

Available as Demand Loan and Overdraft also
Gold to Cash in 30 Minutes
Safety of Your Gold Assured
Available on all Working Days
Easy documentation
Flexible tenure and repayment options
Walk into any Branch
1% interest concession if paid within 6 months

Eligibility:
All individuals who are 21 years and above

Security
Pledge of Gold ornaments or Jewellery made of 22 carat or 18 carat & Gold coins issued by banks

Loan Amount : Minimum `6,000

Interest Rates


Less than Rs. 25000
180 bps above the Base Rate. Effective rate of 11.65%

Rs. 25000 and above but less than Rs. 100000
130 bps above the Base Rate. Effective rate of 11.15%


Rs. 100000 and above
30 bps above the Base Rate. Effective rate of 10.35%


For more details you may Visit the Nearest branch of the State bank of India
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