State Bank of Patiala Gold Loan

Gold Loan at 1%* p.m.

Apply & Get Instant Money

State Bank of Patiala Gold Loan Key Features – Apply Now!

State Bank of Patiala Gold Loan Interest Rate 7.11% per annum
State Bank of Patiala Gold Loan Per Gram Rate Per Gram Today is ₹ 5,032
State Bank of Patiala Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
State Bank of Patiala Gold Loan Processing Fee 1.50% of the Principal Loan Amount
State Bank of Patiala Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
State Bank of Patiala Gold Loan Repayment Tenure 3 Months to 24 Months
State Bank of Patiala Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of State Bank of Patiala Gold Loan

  • Fast Process: State Bank of Patiala Gold Loan gets approved and payout quickly. The loan is among an hour.
  • Minimal Documents: For State Bank of Patiala Gold Loan document methodology  is easy and only essential documents area unit needed
  • Transparent System: Complete clarity is provided to the customer; there are no hidden charges.
  • Amount of Loan: The littlest quantity of loan provided to the consumer is Rs. 15000. In rural areas, the littlest quantity may be however Rs 10,000.
  • Safety of Jewellery: State Bank of Patiala is on the top of things of the protection of your gold. Thus, gold is given fireproof protection.
  • Loan Tenure: The loan is granted for the length from 3 months to 2 years.
  • Benefits for Farmers: State Bank of Patiala prevails some special offers for agricultural functions.Low Gold Loan rate for agricultural uses area unit provided.
  • No Debt Burden: If in any state of affairs the mortal is not ready to pay the loan amount, the mortal will not be at a lower place debt.
  • No financial gain bounds: there aren’t any restrictions on the wage of the mortal. Hence, candidates with any gain level can avail a gold loan.

How much Gold Loan can I Get through State Bank of Patiala Gold Loan

State Bank of Patiala Gold Loan Per Gram – Updated September 2020

Updated - Gold Loan Per Gram Rate

Gold Weight

Gold Purity

Gold Purity

Gold Purity

Gold Purity

24 Carat

22 Carat

20 Carat

18 Carat

1 gram

4680 4290 3900 3510

10 gram

46800 42900 39000 35100

20 gram

93600 85800 78000 70200

30 gram

140400 128700 117000 105300

40 gram

187200 171600 156000 140400

50 gram

234000 214500 195000 175500

100 gram

468000 429000 390000 351000

200 gram

936000 858000 780000 702000

300 gram

1404000 1287000 1170000 1053000

400 gram

1872000 1716000 1560000 1404000

500 gram

2340000 2145000 1950000 1755000

Contact on 9878981144 to avail the most effective Deals and Offers on State Bank of Patiala Gold Loan Per Gram.

State Bank of Patiala Gold Loan Eligibility 

The candidates for Gold Loan unit of measurement eligible only if they fulfil the subsequent  criteria:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

State Bank of Patiala Gold Loan Documents Required

While State Bank of Patiala Gold Loan token documentation is required to access to the gold loan, following unit of measurement required:

Photographs

2 Passport Size

Identity Proof

Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)

Residence Proof

Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)

State Bank of Patiala Gold Loan Interest Rate, Fees and Charges

Gold as security is accessible at a low-interest rate as a result of it’s beneath the category of secured loans. Therefore, the Gold Loan interest rates are inferior there to of the personal loan or the opposite kind of loans. The Gold Loan rate keeps on sterilization time to time still as person to person.

HDFC Gold Loan Interest Rate

7.00% per annum

Processing Fee

1.50% of the Principal Loan Amount

Prepayment/Foreclosure Charges

2%+GST (Within 3 Months), 0 (After 3 months)

Valuation Fee

Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs

Late Repayment Charges

2% p.a. + Applicable rate of interest.

Renewal Processing Fees

Rs 350 + GST

About State Bank of Patiala Gold Loan

Uncertainties are a district of life. Thus, to tackle all the money hurdles in your life, we tend to any or all wish money. wherever Gold Loan plays a big role to fight with the money crisis, folks with low CIBIL score might need quick access to this service. State Bank of Patiala Gold Loan is one altogether the foremost direct Gold Loans in India.

Despite, there are much monetary banking and non-State Bank of Patiala that avail the gold loan, however, State Bank of Patiala Gold Loan is taken into account the most effective. State Bank of Patiala is well-known for its wonderful cash services as a result of it’s one altogether the foremost supposed and dependable banks in India.

  • State Bank of Patiala Gold Loan Interest Rate is 7.10% per annum.
  • State Bank of Patiala Gold Loan Per Gram is ₹ 5,255
  • State Bank of Patiala Gold Loan Tenure: Up to 24 months
  • State Bank of Patiala Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of State Bank of Patiala Gold Loan

State Bank of Patiala provides utterly completely different schemes connected to the Gold Loan product.

  • Loan Against Gold- State Bank of Patiala provides Gold Loan at an appealing rate of interests which may fulfil anyone’s immediate want for funds for any personal or skilled reasons. Gold Loan is entirely a secured quite loan wherever the bank has no risk among the disposition quantity of cash to the loan seeker at a lower rate of interest as compared to the choice form of Loan merchandise.
  • Loan Against Gold for Agriculture- Specifically for agricultural functions to farmers State Bank of Patiala Avails Gold Loan at a unique rate of interest as compared to the Gold Loans that are provided for different uses. Particularly offers avails, and collectively the bank would love the Land proofs on its basis the loan seekers apply for Loan.

State Bank of Patiala Gold Loan EMI Calculator

Rate of Interest
6 months
1 Yr
2 Yrs
3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466

How to Pay Your State Bank of Patiala Gold Loan EMI?

State Bank of Patiala Gold Advance can be repaid in the several following ways:

  • Standing Instruction (SI): If you’re an account holder with State Bank of Patiala currently, then Standing Instructions is the most opted method of compensation. Toward the termination of the month, the EMI amount will be charged from the applicant’s IIFL account the applicant shows.
  • Electronic Clearing Service (ECS): This theme is for the candidates who have a non-State Bank of Patiala record and also the EMIs got to be debited consequently at the tip.
  • Post-Dated Checks (PDC): The individual will gift post-dated EMI examine from the non-State Bank of Patiala statement at your near State Bank of Patiala loan Center. Immediately, the restructure of PDCs ought to be offered. For ideal condition, it’s instructed to note Post Dated Checks which might be collected non-ECS states as a result of it was.

State Bank of Patiala Gold Loan Contact Number

Call at 9878981144 to induce instant to facilitate and approval for your State Bank of Patiala Gold Loan.

Gold Ornaments Accepted by State Bank of Patiala

  • Gold Jewellery similar to Gold Bangles, Gold rings, Gold Lockets, Gold anklets, Gold Necklaces etc. are all admitted by State Bank of Patiala for attempting Gold Loan.
  • Quality: the quality of Gold should be from 18 to 22 Carat. Gold Loan is not granted for any ornaments of 24 carats.

Use of State Bank of Patiala Gold Loan

The fund that is obtained by State Bank of Patiala Gold Loan services can be used for several purposes:

  • Fund for any direct expenses like hiking, matrimony, instalment of upper tuition payments, etc.
  • Loan services square measure obtainable for promoting needs like getting contemporary provide, developing promoting, etc.
  • Additional Gold Loan also can be availed for horizontal ideas. The bank provides a lower rate of interest for Gold Loans that are available for farming or farming-related projects.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.11% – 14.50%

ICICI Gold Loan

7.11% – 16.10%
Muthoot Finance Gold Loan

7.11% – 24.00%

Axis Bank Gold Loan

7.11% – 17.11%
Manappuram Gold Loan

7.11% – 26.00%

Yes Bank Gold Loan

7.11% – 15.99%
Bank of India Gold Loan

7.11% – 26.00%

Federal Bank Gold Loan 

7.11% – 13.50%
IIFL Gold Loan

7.11% – 12.00%

Central Bank of India Gold Loan

7.11% – 14.65%

Canara Bank Gold Loan

7.11% – 12.65%

Allahabad Bank Gold Loan

7.11% – 10.45%

Induslnd Bank Gold Loan

7.11% – 15.75%
PNB Gold Loan

7.11% – 11.75%

Bajaj Finance Gold Loan

7.11% – 26%
SBI Gold Loan

7.11% – 15.99%

Indian Bank Gold Loan

7.11% – 15.99%
UCO Bank Gold Loan

7.11% – 26.00%

Kotak Mahindra Bank Gold Loan

7.11% – 13.50%
Syndicate Bank Gold Loan

7.11% – 12.00%

FAQs About State Bank of Patiala Gold Loan

  • What is State Bank of Patiala Gold Loan?

State Bank of Patiala Gold Loan may even be a loan theme wherever you will access for any emergency monetary facilitate by keeping your gold as a guarantee with the bank. It comes with collaborating interest rates on Term Loan, the order of payment and EMI based mostly loan. Average Gold Loan disbursal time is only 45 minutes.

  • How can I get the Gold Loan from the State Bank of Patiala? 

You can access state Bank of Patiala Gold Loan by being to any near Gold Loan giving branch. Even you’ll be able to access to Gold Loan on-line with LendingWale from anyplace and find the most effective deals and offers.

  • What is Gold Loan Interest Rate in State Bank of Patiala?

The Gold Loan rate of interest in State Bank of Patiala is 7.10% once a year. The speed of interest depends on varied criteria, namely: loan quantity, loan tenure, purity of gold etc.

  • How much Gold Loan can I get per gram in State Bank of Patiala?
The value of per gram Gold Loan strictly depends on the purity and quality of the gold. State Bank of Patiala believes gold purity between 18 to 22 carats to produce a Gold Loan. You will avail up to Rs. 5,255 per gram in State Bank of Patiala of India Gold Loan.
  • How to check Gold Loan status in State Bank of Patiala?

To check the standing of State Bank of Patiala Gold Loan, you will be ready to visit the State Bank of Patiala loan hunter. Mention your preferences inside the provided application. This could merely help you in tracing the standing of your loan from anywhere at any time and keeps you updated.

  • How to calculate Gold Loan Interest in State Bank of Patiala?

State Bank of Patiala Gold Loan interest is usually calculated victimization LendingWale Deal’s EMI Calculator. It provides you with the right details supported the info the person enters inside the calculator.

  • How to Pay State Bank of Patiala Interest Online?

State Bank of Patiala Gold Loan interest will be paid by internet banking method on the official State Bank of Patiala loan compensation web content or as an alternative. Another mode Paytm may be accustomed pay State Bank of Patiala Gold Loan or your most familiar payment methodology.

  • What if I can’t pay the interest on State Bank of Patiala Gold Loan for 3 months?

If the interest isn’t paid back for three months, then ab initio a reminder is given for your unfinished dues. After this, if the payment requests go neglected or invisible, then an official legal notice is shipped, that demands the compensation and closure of the loan. Such defaults on your Gold Loan lands up in Associate in Nursing exceedingly decrease of your credit score and additionally cause you to respond to face legal actions by the bank which can embrace arrogation and auction of your gold.

  • How can I apply for EMI Moratorium on State Bank of Patiala Gold Loan?
You can appeal for EMI Moratorium on State Bank of Patiala Gold Loan within 1st March and 31st August 2020. you’ll be able to tumble done by contacting the Bank client Care or visiting the near State Bank of Patiala branch.