State Bank of India (SBI) is offering a special offer for its customers, this offer is on Gold Loan.
If you also wish for a gold loan, then this news can be of use to you. According to the bank’s official website, a full 50% discount is being given on the processing fee of gold loan, and customers will have to pay only 0.25% processing fee for the loan.
At present, SBI is giving loan at 7.50% interest, through this scheme, customers can take a loan of up to Rs 20 thousand and up to Rs 50 lakh. For this 36-month loan, customers will be allowed to choose only those items with Bullet Repayment Gold Loan.
Apart from these things to take a loan, you will have to give all the details of your jewelry. This list of information also includes the type, weight and carat of gold. Along with this, it will also be necessary for you to give your correct address and details of work or job.
You have to fill all these information in an application form which will be given to you by the branch of the bank. You will also need 2 photographs and KYC documents to fill the form. If you want, you can also apply for a gold loan from a YONO branch, where your credit score will not be checked.
