SBI Gold Loan in Jaipur

Last Updated : June 27, 2020, 7:59 p.m.

Jaipur is known as the pink city of India and there are many individuals who are looking for a loan in Jaipur. But due to incapable of fulfilling the criteria of the Loan they are unable to apply for it. Therefore, if you are having enough gold at home then you can apply for the SBI Gold Loan in Jaipur. It is available at a low rate of interest and you can apply for it with fewer formalities. 7.50%is the rate of interest chargeable on this gold loan and there are various types of options available in SBI Gold Loan. So, you can explore all the details of this loan apply for it.

SBI Gold Loan Interest Rate, Tenure and Other Details in Jaipur

Gold Loan Option in Jaipur from the State Bank of India

It is clear from the above-table that SBI offers 3 different options under its Gold Loan Scheme. So you must explore all the options before applying for the Gold Loan in Jaipur.

Gold Loan:- In this option, the loan amount is lent to the borrower for a maximum tenure of 36 months. The value of the loan amount is 75% of the gold mortgaged and the bank keeps the remaining 25% as security because market fluctuations might decrease the value of the Gold. The rate of interest chargeable is 7.50% per annum and if you have mortgaged the gold of ₹5 lacs then the bank will lend ₹3.75 lacs to you.

Liquid Gold Loan:- In the Liquid Gold Loan option, the bank will give you a certain Liquid Limit that you can withdraw against the gold. But in this scheme, the interest will be charged on the actual borrowed amount and not on the liquid limit sanctioned. Suppose the State Bank of India has given you a liquid limit of ₹2 lacs and you actually borrowed ₹1 Lac then the interest will be charged on ₹1 Lac only.

Bullet Repayment Gold Loan:- This loan is suitable for those individuals who have the habit of clearing the loan before the tenure. So in the Bullet Repayment Gold Loan, the bank will charge interest for the period only when the loan was outstanding and not for the whole period. If you take the loan for 12 months and prepay it in 7 months then the interest will be charged for the period of 7 months only.

SBI Gold Loan Eligibility Criteria in Jaipur

• A Minimum Age of 18 Years is needed to take the Loan.
• A co-applicant and a Single Applicant can take the SBI Gold Loan .
• A regular income is required so that the individual has the power to repay the loan.
• Receipts of all the Gold items, jewelry, and ornaments that are mortgaged must be shown to the bank.

Documents Required

• Gold Loan Application Form Signed by the Applicant.
• 2 Passport Sized Photographs.
• Aadhar Card, PAN Card, Voter ID Card, or Passport as the Identity Proof.
• Driving License, Telephone Bill, Electricity Bill as the Address Proof.
• Illiterate Borrowers must have to present a Witness Letter.
• DP Note
• Delivery Letter of the DP Note
• Note Delivery Letter of the Gold Ornaments
• Arrangement Letter

SBI Gold Loan Branches in Jaipur

If you find the SBI Gold Loan interesting then you must fill-up the form given above or else you can visit the nearest SBI Gold Loan Branch in Jaipur. Here is the list of all branches from where you can take the SBI Gold Loan in Jaipur.

• 22, GODAM INDUSTRIAL AREA, JAIPUR Dist JAIPUR, RAJASTHAN 302006
• TIMES OF INDIA BUILDING, JAIPUR, RAJASTHAN, 302015, PIN – 302015
• SINDHI COLONY BANI PARK JAIPUR, RAJASTHAN, PIN.302016
• CALGARY EYE HOSPITAL PREMISES, MALVIYA NAGAR, JAIPUR, RAJASTHAN, PIN – 302017
• 6, MALVIYA MARG, C SCHEME, JAIPUR, RAJASTHAN, PIN – 302001
• 1 BY 507, VIDYADHAR NAGAR, Dist JAIPUR, RAJASTHAN, PIN – 302023
• HATWARA ROAD, OPP ESI DISPENSARY NO 4, JAIPUR, PIN – 302001
• NAGAR NIGAM ROAD, SANGANER, JAIPUR, RAJASTHAN, PIN – 303902
• 2ND FLOOR ANUKAMPA TOWER, CHURCH RD., JAIPUR, RAJASTHAN, PIN – 302001
• PLOT NO.3, GRUMMAN PLAZA, AMARPALI CIRCLE, VAISHALI, RAJASTHAN 302021
• 104 BY 4, MADHYA MARG, MANSAROVAR Dist JAIPUR, RAJASTHAN 302020
• 1190 – 1191, UNICRON KA RASTA, CHANDPOLE BAZAR, RAJASTHAN 302201
• VILL.KANOTA, LOONIYAS, JAIPUR, RAJASTHAN, PIN.303012.
• BRIJ ANUKAMPA, ASHOK MARGC – SCHEME, JAIPUR, RAJASTHAN
• VIVEK VIHAR MAIN ROAD, NEAR SBBJ, JAGATPURA, DT JAIPUR, RAJASTHAN
• RAJASTHAN HIGH COURT, BHAGWAN DASS ROAD, JAIPUR, RAJASTHAN 302005
• 2ND FLOOR, AC MARKET, RAJA PARK JAIPUR
• SHARMA SANJAY BARI GOVINDGARH CHOMU RAJASTHAN
• RICCO BUILDING, EPIP, SITAPUR INDUSTRIAL AREA, JAIPUR, Dist JAIPUR 302022
• ADMINISTRATIVE OFFICE BUILDING, A5, NEHRU PLACE, TONK ROAD, Dist JAIPUR 302015
• K TOWERS, A 47 VRINDAVAN VIHAR, KINGS ROAD, NIRMAN NAGAR, JAIPUR, Dist JAIPUR 302006
• S35B, RADHA MARG, BEHIND RAJMANDIR CINEMA MIRZA ISMAIL ROAD POST BOX NO 296 JAIPUR 302001 RAJASTHAN
• A – 30(B), BANI PARK, SHASTRI NGR., JAIPUR – 302016
• 101/49, KUMBHA MARG, PRATAP NAGAR, JAIPUR, DIST: JAIPUR – 302022
• ADMINISTRATIVE OFFICE, NEHRU PLACE, JAIPUR, DIST: JAIPUR 302015
• C/O SBI JAIPUR SPL BRANCH, SANGANERI GATE, JAIPUR, DIST: – 302003
• MANGAL BHAWAN, IST FLOOR, STATION ROAD, JAIPUR (RAJASTHAN) 302006, DIST: JAIPUR – 302006
• STATE BANK OF INDIA, ADMINISTRATIVE OFFICE, REGION – 1, TONK ROAD, JAIPUR – 302015
• STATE BANK OF INDIA, ADMINISTRATIVE OFFICE, REGION – 2, TONK ROAD, JAIPUR – 302015