SBI Gold Loan Interest Rates 2021, EMI Eligibility Calculator

State bank of India gold loan interest rates & EMI Calculator helps borrowers to pick the best offers / Schemes on the basis of eligibility, tenure, processing fees & options online.

SBI Gold Loan Details

Interest Rate 10.25%
EMI per lakh ₹ 3238.47
Loan Tenure Up to 30 months
Minimum and Maximum Loan Amount ₹ 10,000 and ₹ 20,00,000
Processing Fee 0.50% of the Loan Amount + S.T
Age 21 years and above
Prepayment Charges Nil

Quick, Easy & Instant Online Approval

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Disclaimer: We do not provide Personal Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Sbi Gold Loan Documentation

  1. D P Note and D P Note Take Delivery Letter
  2. Application for Gold Loans (as per specified format)
  3. Two copies of photograph of the borrower(s)
  4. Gold Ornaments Take Delivery Letter (as per specified format)
  5. Witness Letter in case of illiterate borrowers (as per specified format)
  6. Arrangement Letter (as per specified format)

SBI Gold Loan EMI Calculator

Loan Amount EMI Total Interest Payable Total Amount Paid
1 Lakh ₹ 3788 ₹ 13,644 ₹ 1,13,644
Year Principal Interest Total Payment Balance Loan Paid To Date
2018
Mar ₹ 2,882 ₹ 983 ₹ 3,865 ₹ 97,118 2.88%
Apr ₹ 2,910 ₹ 955 ₹ 3,865 ₹ 94,208 5.79%
May ₹ 2,939 ₹ 926 ₹ 3,865 ₹ 91,269 8.73%
Jun ₹ 2,968 ₹ 897 ₹ 3,865 ₹ 88,301 11.70%
Jul ₹ 2,997 ₹ 868 ₹ 3,865 ₹ 85,304 14.70%
Aug ₹ 3,027 ₹ 839 ₹ 3,865 ₹ 82,277 17.72%
Sep ₹ 3,056 ₹ 809 ₹ 3,865 ₹ 79,221 20.78%
Oct ₹ 3,086 ₹ 779 ₹ 3,865 ₹ 76,134 23.87%
Nov ₹ 3,117 ₹ 749 ₹ 3,865 ₹ 73,018 26.98%
Dec ₹ 3,147 ₹ 718 ₹ 3,865 ₹ 69,870 30.13%
Jan ₹ 3,178 ₹ 687 ₹ 3,865 ₹ 66,692 33.31%
Feb ₹ 3,210 ₹ 656 ₹ 3,865 ₹ 63,482 36.52%
Mar ₹ 3,241 ₹ 624 ₹ 3,865 ₹ 60,241 39.76%
Apr ₹ 3,273 ₹ 592 ₹ 3,865 ₹ 56,968 43.03%
May ₹ 3,305 ₹ 560 ₹ 3,865 ₹ 53,663 46.34%
Jun ₹ 3,338 ₹ 528 ₹ 3,865 ₹ 50,325 49.67%
Jul ₹ 3,371 ₹ 495 ₹ 3,865 ₹ 46,955 53.05%
Aug ₹ 3,404 ₹ 462 ₹ 3,865 ₹ 43,551 56.45%
Sep ₹ 3,437 ₹ 428 ₹ 3,865 ₹ 40,114 59.89%
Oct ₹ 3,471 ₹ 394 ₹ 3,865 ₹ 36,643 63.36%
Nov ₹ 3,505 ₹ 360 ₹ 3,865 ₹ 33,138 66.86%
Dec ₹ 3,540 ₹ 326 ₹ 3,865 ₹ 29,598 70.40%
Jan ₹ 3,574 ₹ 291 ₹ 3,865 ₹ 26,024 73.98%
Feb ₹ 3,609 ₹ 256 ₹ 3,865 ₹ 22,415 77.59%
Mar ₹ 3,645 ₹ 220 ₹ 3,865 ₹ 18,770 81.23%
Apr ₹ 3,681 ₹ 185 ₹ 3,865 ₹ 15,089 84.91%
May ₹ 3,717 ₹ 148 ₹ 3,865 ₹ 11,372 88.63%
Jun ₹ 3,754 ₹ 112 ₹ 3,865 ₹ 7,618 92.38%
Jul ₹ 3,790 ₹ 75 ₹ 3,865 ₹ 3,828 96.17%
Aug ₹ 3,828 ₹ 38 ₹ 3,865 ₹ 0 100.00%

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