SBI Gold Loan
COMPARE AND BUY GOLD LOAN AT 11%!
Click to Apply or Call us on 600 11 600
State Bank of India (SBI) was founded in 1955 with its headquarters in Mumbai, Maharashtra. It has 15,500 branches all over the World. It provides many banking products and financial services according to the needs of the customer. There are various loan schemes from which borrower can raise funds, but for instant finance, Gold Loan is the best option.
SBI Gold Loan
Use the power of gold with SBI Gold Loan. You can take advantage of loan against Gold to expand your business or to fulfill other financial requirements. It is the most suitable option for those people who have a bad credit and need a Personal Loan or a Business Loan.We can help you with a range of gold loan schemes at competitive rates and also assist you with doorstep banking facilities. Apply and get the free quote.
SBI Gold Loan: Interest Rates
|Loan against Gold Ornaments|
|Size of Credit Limit||Rate of Interest|
|Up to Rs. 1,00,000/-||4.25% above Base Rate Floating, currently 13.95% p.a.|
|Above Rs. 1,00,000/-||4.75% above Base Rate Floating, currently 14.45% p.a.|
There are many banks that provide Gold Loan For Agriculture Purposes. People can also avail them and get a discount on the interest rate charged.
|Leading Gold Loan Providers (Click to Apply)|
|Manappuram Gold Loan||Reliance Gold Loan||Other banks|
|REMINDER SERVICES||EMI CALCULATOR|
RBI Revises Gold Import Norms
As the supply of metal on special economies zones are not sufficient for exports. RBI has today revised gold import norms. The new norm says that, 20 percent of every lot of gold will be made exclusive for the purpose of exports. RBI says. “Gold is made available for the export purpose by nominated agency to SEZ and other export oriented units. read more
SEBI Clamps Down on Launches of Gold ETFs
New Delhi: Gold exchange traded funds has seen to be fueling demand in Gold and is contributing in CAD (current account deficit). At this market regulator, SEBI has clamped down on new Gold Exchange Traded Funds. “New products can fuel demand as all the gold ETF’s has to be backed with physical gold. As per the demand no new products have been approved, “a SEBI official told. In January, some gold ETF&rsquo... read more
Gold Falls for 4th Day on Global Cues, Silver Recovers
The gold prices are still facing a slide even on the 4th day by losing Rs 325 to Rs 3, 100 per ten grams despite Silver reports a rise in the market by Rs 420 to Rs 54, 350 per kg. Traders blame the slowdown of the economy as the major factor of weakening of gold.Rising equity funds are also considered as the major factor of reducing gold prices. In the previous three sessions, the gold lost Rs 2, 475 on the domestic front.Weekly del... read more
High Gold Prices in Coming Days
As we all know Raksha Bhandhan is coming, one of the biggest festival in India. In this Festive season, the price of gold may cross Rs.29000 per ten gram in coming few days. As next few months are festive season and demand of gold is always on peak which can influence the gold prices, traders said. At the Multi Commodity Exchange, metal prices gained Rs 122, or 0.42 per cent, by October.To trade above Rs 29000 level at Rs 29,045 per ten gram in a turnover of 422 lots. The metal... read more
Government hikes import duty on gold, silver to 10%
13th August, 2013 New Delhi: The finance ministry said in a statement,Government hiked import duty on Gold bars for the third time in last eight months to 10 per cent from the earlier 8 per cent. The government also raised the import duty on silver to 10 per cent from the previous 6 per cent, and the new factory gate duty on gold bars to 9 per cent from 7 per cent. At the present level of imports, the government is expecting a revenue of Rs 4... read more