The purpose of Loan against Gold State Bank of Hyderabad is demand Loan or overdraft by way of pledge of gold ornaments for genuine requirements of individuals

Eligibility :
All individuals who are 21 years and above

Security :
Pledge of Gold ornaments or Jewellery made of 22 carat or 18 carat & Gold coins issued by banks

Loan Amount :
Minimum `6,000

Features

1. Available as Demand Loan and Overdraft also
2. Gold to Cash in 30 Minutes
3. Safety of Your Gold Assured
4. Available on all Working Days
5. Easy documentation
6. Flexible tenure and repayment options
7. Walk into any Branch
8. 1% interest concession if paid within 6 months

Period Slab Interest Rate Remarks

Loans Less than 25000 11.65 PA

Loans 25000 abv - less than 1.00lac 11.15 PA

Loans 1.00 Lac and above 10.35 PA

Loans Fixed Int Gold Loan 10.25 PA

Documentation
1. Identity Proof (passport copy/voters id/driving license/pan card)
2. Residence proof ( electricity bill/landline telephone bill/passport copy/shop & establishment certificate/rental agreement/ration card)
3. 2 passport size photograph