⍟  Lowest Interest Rate of 0.79% p.m.
⍟  Highest Rate Per Gram ₹ 5,121
⍟  No Melting of Your Gold
⍟  Get Loan in 1 Visit Only
⍟  100% Safety of Your Gold (kept in Bank Locker)

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State Bank of Hyderabad Gold Loan

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State Bank of Hyderabad Gold Loan Key Features – Apply Now

State Bank of Hyderabad Gold Loan Interest Rate 7.0% per annum
State Bank of Hyderabad Gold Loan Per Gram Rate Rate Per Gram is Rs. 5,121
State Bank of Hyderabad Gold Loan Processing Fee Rs. 500
State Bank of Hyderabad Gold Loan Maximum Loan Amount Up to Rs.20 lakh
State Bank of Hyderabad Gold Loan Prepayment Charges Nil
State Bank of Hyderabad Gold Loan Repayment Tenure 3 months to 36 months

About State Bank of Hyderabad Gold Loan 

State Bank of Hyderabad Gold Loan provides gold loans to interested individuals who are facing financial emergencies and require money. Gold loans are usually applied for by people who belong to medium and low-income groups. Gold loans provide instant credit to people in need of immediate cash. Gold loans require one to submit their gold to the bank who will verify the gold and give you an amount depending on the market price of gold and its demand among people.

A gold loan can be used to fulfill any purpose. The State Bank of Hyderabad Gold Loan provides many benefits for an individual. It allows a 7% interest rate and a tenure of up to 36 months.

How Much Gold Loan Can I Get Through State Bank of Hyderabad

The State Bank of Hyderabad Gold Loan rate by gram today is 5,121 with 22-carat dresses cut on the largest 90% LTV and the average cost of a gold loan in the last 30 days in 2020 is 5,121 of 22 carats.

State Bank of Hyderabad Gold Loan Per Gram- January 2021

Updated - Gold Loan Per Gram Rate w.e.f 1st Jan 2021

Gold Weight Gold Purity
24 Carat
Gold Purity
22 Carat
Gold Purity
20 Carat
Gold Purity
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

Why Choose State Bank of Hyderabad Gold Loan

All banks provide gold loans at a low-interest rate. Many non-banking financial companies are providing gold loans as well. But the reasons why you should choose the State Bank of Hyderabad Gold Loan:

  • The bank has a team of dedicated experts who are waiting to help you.
  • They have a low-interest rate.
  • They process the loan very fast.
  • They do not need a lot of documents.
  • They provide maximum value for your gold.

Advantages of State Bank of Hyderabad Gold Loan

Advantages of State Bank of Hyderabad Gold Loan via Dialabank

  1. Attractive Interest Rates: State Bank of Hyderabad Gold Loan provides a loan at a very low-interest rate of 7%.
  2. Multiple Purpose: State Bank of Hyderabad Gold Loan can be used to fulfill any purpose, such as pay for a wedding or medical bills or bring about a house repair.
  3. Tenure: The tenure is of 36 months which is plenty of time for an individual to pay back the loan.
  4. Prepayment Charges: The bank does not take any prepayment charges for the gold loan that it provides.
  5. Transparency: The State Bank of Hyderabad has experts who will help you with the loan journey and will maintain full transparency with you.
  6. Foreclosure: Bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure.

State Bank of Hyderabad Gold Loan Eligibility

A gold loan is a loan that you can avail of very easy but to do so you have to fulfill the eligibility criteria. The eligibility criteria for the State Bank of Hyderabad Gold Loan is:

Age Criteria 18 to 75 years
Gold Requirements Gold Ornaments (18-22 carats)
CIBIL Score Above 500
Nationality Indian

Documents Required for State Bank of Hyderabad Gold Loan

Gold Loans do not require much documentation, mostly because of the collateral being provided to the bank by the borrower. But, each bank asks for some documents for a verification process. Each bank differs in the case of documents.

Identity Proof Aadhaar Card/ Passport/ Voter ID
Residence Proof Aadhaar Card /Pan Card/ Ration Card/ Utility Bills on the name of the applicant/ Rental Agreement of applicant/ Voter ID card
Agriculture Proof ( if applicable) Agriculture Land Ownership Proof
Photographs 2 Passport sized (Coloured)

State Bank of Hyderabad Gold Loan Interest Rate, Fees, Charges

As mentioned above, gold loans provide an interest rate of 7.00%. The interest rate changes due to the market price of the gold. Gold Loan interest rates offered by the State bank of Hyderabad are lower in comparison to other loans because it is a secured loan.

Gold Loan Interest Rate  7.0% per annum
Pre-payment Charges 1% of the outstanding amount
Processing Fee up to 1%

State Bank of Hyderabad Gold Loan Apply Online

With the advent of technology, everything is turning digital. Most banks have made provisions for an online application of loans. State Bank of Hyderabad also allows the same. You can do so by visiting the bank’s official website ad filling out the online form.

You can also apply for a gold loan through Dialabank in the followings steps:

  • Visit Dialabank. You will have to fill out the form without any registration.
  • The Relationship Manager will give you a call and help you through the process of the loan.
  • They will offer you personalized service and give you the option of comparing various deals for gold loans.
  • Dialabank allows you to compare the rates of every bank and the other details.

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

State Bank of Hyderabad’s gold advance can be reimbursed in the following three different ways.

  1. Standing Instruction (SI): If you are a current record holder with the State Bank of Hyderabad, Standing Instruction is the best method of repayment. Your EMI sum will be charged toward the finish of the month to month cycle from the State Bank of Hyderabad account you indicate.
  2. Electronic Clearing Service (ECS): This mode can be utilized if you have a non-State Bank of Hyderabad account and might want your EMIs to be charged consequently toward the finish of the month to month cycle from this record.
  3. Post-Dated Checks (PDC): You can submit post-dated EMI checks from a non-State Bank of Hyderabad account at your closest State Bank of Hyderabad Loan branch. A new arrangement of PDCs should be submitted on time. It will be ideal if you note Post Dated Checks will be gathered in non-ECS areas as it were.

Gold Ornaments Accepted by State Bank of Hyderabad

Gold jewelry such as bangles, necklaces, rings, and anklets are accepted for availing a Gold Loan.

Uses of State Bank of Hyderabad Gold Loan

The loan provided by the State Bank of Hyderabad Gold Loan service can be used for many purposes such as:

  • Any personal expenses such as a wedding, tuition fees, travels, etc.
  • Any business needs, such as availing raw material or trying to expand the business, etc.
  • For agricultural purposes. The bank offers lower rates of interest for Gold Loans for farmers.

State Bank of Hyderabad Agricultural Jewel Loan Scheme

Scheme State Bank of Hyderabad Agricultural Jewel Loan Scheme
Interest Rate  Starting from 7% (depends on the sum of the loan
Least amount of Loan Depends on the value of the jewel which is being kept as security
Loan period Adjustment of advance sum inside 2 months from the date of reap of yields

Benefits of State Bank of Hyderabad Agricultural Jewel Loan Scheme

  • State Bank of Hyderabad charges a processing fee of up to ₹ 500
  • Minimum of ₹ 300 charge, that is 0.30% of the loan amount, applies to the amount ranging from above ₹  20,000 – less than ₹ 20 lakh
  • 0.28% of the credit sum, subject to at least Rs.1,500 applies to the amount more than Rs.5 lakh however under Rs.1 crore.

State Bank of Hyderabad Gold Loan Overdraft Scheme

State Bank of Hyderabad offers an Overdraft Scheme. With this, the loan amount is provided as an overdraft facility. It functions as a Credit Card, where you can spend your Gold Loan Amount as per your wishes, anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In the State Bank of Hyderabad Gold Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.

State Bank of Hyderabad Agriculture Gold Loan Interest Rate for Different Scheme

State Bank of Hyderabad offers gold loans for agriculture purposes. There are two unique classifications of agricultural gold loan schemes: Bumper Agri Jewel Loan and Other Agri Jewel Loan. The financing costs on these two kinds of schemes are as follows:

For Bumper Agri Jewel Loan For Other Agri Jewel Loan Products
Fixed: 8.50% starting from 11.50 %
Please Note RBI has decided to increase the LTV ratio for Gold Loan from 75% to 90% till 31st March 2021

FAQs About State Bank of Hyderabad Gold Loan

What are the documents needed to profit the State Bank of Hyderabad Gold Loan?

  • Address proof – driver’s license, Aadhaar card, passport, election card.
  • ID Proof – driver’s license, Aadhaar card, passport, Voter ID, PAN Card.
  • Proof of agricultural commercial land.
  • Evidence f the fact that the harvesting can be improved.

Who can apply for the Loan? 

The agricultural gold loan can be easily availed by any farmer.

What are the primary highlights of the Agricultural Jewel Loan Scheme?

  • No undisclosed charges.
  • Gem appraiser and administrative costs will be important.
  • Low-interest rate.
  • The refund is profitable.
  • The front cycle is simple and confusion-free.

What is the State Bank of Hyderabad Gold Loan?

State Bank of Hyderabad Gold Loan is a secure loan that allows instant repayment which in turn allows you to meet your immediate financial needs. Gold loans from the State of Hyderabad can be obtained at attractive interest rates.

✅ How much Gold Loan Can I get per gram from the State Bank of Hyderabad?

You can get a ₹ 5,121 Gold Loan per gram from the State Bank of Hyderabad, depending on the quality of your gold.

What is the gold loan interest rate in the State Bank of Hyderabad?

The State Bank of Hyderabad Gold Loan interest rate starts at around 7.00% per annum. The rate varies depending upon the purity of the gold provided and the number of loans to be issued.

How to check gold loan status in State Bank of Hyderabad?

You can check your State Bank of Hyderabad Gold Loan status online by visiting the online website and filling out a form for your Gold Loan application details.

 What is the maximum gold loan amount I can avail myself of on a gold loan from State Bank of Hyderabad?

You can get up to 90% of the total value of gold from the State Bank of Hyderabad.

What is the loan tenure of the State Bank of Hyderabad gold loan?

The maximum term of your gold loan at State Bank of Hyderabad up to 36 months.

✅ How much processing fee is applicable on the State Bank of Hyderabad Gold loan?

State Bank of Hyderabad can charge a processing fee of up to 1% of the loan on their Gold Loan.

What are the charges for pre-payment in the State Bank of Hyderabad gold loan?

State Bank of Hyderabad charges up to 1% of the outstanding loan.

How to renew State Bank of Hyderabad Gold Loan online?

You can always renew your State Bank of Hyderabad Gold loan online by logging into your account from your mobile app and renewing your gold loan under the “Gold Loan” section.

How to pay State Bank of Hyderabad Gold loan interest online?

To repay State Bank of Hyderabad Gold loan interest online you can use the payment options available on the online website. You can also make payments via the mobile app.

✅ What if I can’t pay the interest on the State Bank of Hyderabad Gold loan for 3 months?

If you do fail to repay the State Bank of Hyderabad gold loan, you will first be warned by the financial service provider. But if the default continues the bank holds the right to sell off your gold jewelry.

✅ How can I apply for an EMI moratorium on the State Bank of Hyderabad Gold loan?

You can apply for a suspension of an Indian gold loan online by signing in with your details or you can directly visit the financial service provider itself.

✅ How to pay the State Bank of Hyderabad Gold loan through credit card?

Repaying a State Bank of Hyderabad gold loan with a credit card is not accepted.

✅ How much Gold Loan can I get per gram in State Bank of Hyderabad?

The level of Gold Loan per gram depends on the quality of your gold and the price of gold in the market. State Bank of Hyderabad offers a subsidy of 75-90% of the market price of gold.

✅ How to pay State Bank of Hyderabad Gold Loan online?

You can pay for your Gold Loan from State Bank of Hyderabad in easy monthly installments or through post-dated cheques.

✅ How to apply for Gold Loan in State Bank of Hyderabad?

Apply for Gold Loan with the State Bank of Hyderabad by visiting the branch with your financial service provider. You can also apply online with a Dialafinancial service provider and get offers and deals as you require.

✅ How to renew State Bank of Hyderabad Gold Loan online?

To renew your Gold Loan, you have to visit the loan branch with your loan documents and apply for a renewal. A renewal fee might be charged, and after reviewing your gold, your loan will be renewed.

✅ How to get a State Bank of Hyderabad Gold Loan?

You can get a quick Gold Loan from State Bank of Hyderabad by visiting the branch or through online inquiry at Dialafinancial service provider’s digital platform.

✅ How to check State Bank of Hyderabad Gold Loan status?

Check your Gold Loan status by calling State Bank of Hyderabad on their customer care number. You can also visit the branch yourself to check for updates.

✅ How to close State Bank of Hyderabad Gold Loan?

You can close your State Bank of Hyderabad Gold Loan once you have paid all the money you have been waiting for. The financial service provider will close your loan and repay you with the promised gold.

✅ How to renew the State Bank of Hyderabad Gold Loan?

If you wish to renew your Gold Loan with State Bank of Hyderabad, you need to visit the branch with your documents and apply for a renewal. Your gold will be reviewed, and new loan terms will be determined. After paying a small down payment, your loan will be renewed for a new term.

✅ What happens if someone defaults State Bank of Hyderabad Gold Loan?

When you pay for your Gold Loan, the financial service provider will initially remind you of the amount you are waiting for. Then you will be given legal notice at your given address. In the event of a mistake, the financial service provider gains the right to sell your promised gold to recover all the remaining money that you failed to pay.

How many branches of State Bank of Hyderabad Gold Loan?

State Bank of Hyderabad is based in Hyderabad, with many branches in India.

What is the Overdraft Scheme for State Bank of Hyderabad Gold Loan?

State Bank of Hyderabad does provide an Overdraft Scheme and the overall loan amount will have a Credit/Loan Limit. In State Bank of Hyderabad Gold Loan Overdraft facility, the bank charges interest only on the amount that you will withdraw/utilize.

What is the State Bank of Hyderabad Gold Loan closure procedure?

Once the loan is paid, the bank will close your gold loan immediately.

What is the State Bank of Hyderabad customer care number?

9878981144 is the customer care number of the State Bank of Hyderabad.

✅ What is State Bank of Hyderabad Gold Loan Preclosure charges?

State Bank of Hyderabad Gold Loan decides the preclosure charges.

 What is the maximum gold loan tenure?

The maximum gold loan tenure for the State Bank of Hyderabad is up to 60 months.

✅ What is the minimum gold loan tenure?

The minimum gold loan tenure for the State Bank of Hyderabad is 12 months

✅ What are the foreclosure charges of the State Bank of Hyderabad Gold Loan?

State Bank of Hyderabad charges an interested borrower up to .50% on the principal amount in case of a Gold Loan Foreclosure.

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