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SBI's Gold Loan: Interest Rate, Margin, Maximum Repayment Period And Other Details

The maximum repayment period of SBI's gold loan can go up to 36 months.
The maximum repayment period of SBI's gold loan can go up to 36 months.
The maximum loan that can be provided is Rs 20 lakh and minimum loan amount is Rs 20,000, said SBI. The repayment of principal and interest commences from the month following the month of disbursement. (Also read: SBI Loans: How You Can Avail Home Loan, Education Loan, Car Loan And Others) The maximum repayment period of SBI's gold loan can go up to 36 months. The bank maintains a margin of 25 per cent of the value of the gold. ...
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