State Bank Of Hyderabad Gold Loan

Please get the details about State Bank Of Hyderabad Gold Loan facility startes for there customer so that I can also apply for it?

[pawan]

Don’t worry buddy I will get the details about State Bank Of Hyderabad Gold Loan so that you can have idea about it.

Eligibility
All individuals who are 21 years and above

Loan purpose
Demand Loan OR Overdraft by way of pledge of gold ornaments for genuine requirements of individuals

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

Documents required
Proof of identity (passport copy/voters id/driving license/pan card)
Address proof ( electricity bill/landline telephone bill/passport copy/shop & establishment certificate/rental agreement/ration card)
2 passport size photograph

Scale of Finance
For specially minted gold coins sold by Banks and 24 carat gold ornaments or higher purity with BIS Hallmark of 0.916.
`1800/- or 75% of the market value of Gold whichever is lower.

22 carat gold or higher purity without BIS Hallmark.
`1600/- or 75% of the market value of Gold whichever is lower.

18 carat gold ornaments.
`1000/- or 75% of the market value of Gold whichever is lower


Address:-
State Bank Of Hyderabad
Abids Road, Abids, Hyderabad, Telangana 500001

Phone:-
1800 425 4055