SBI Gold Loans: Interest Rate, Eligibility And Other Details

Personal loans help fund the immediate needs of an invidual without having to break their emergency fund or sell their assets. As Indians, we do traditionally hold some gold with us as financial security and this can be put to good use at the time of urgent personal or business needs.

Whether it is to fund a marriage or an expensive gadget or purchase a machinery for your office, one can avail an SBI gold loan against the gold they own. You can borrow as Rs 20 lakh from the State Bank of India.

The loan can be taken in the form of a lumpsum or as an overdraft facility. Following are the details on the eligibility and other features of the SBI personal gold loan:

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