SBI Gold Loan EMI Calculator

Calculate Your SBI Gold Loan EMI Instantly

Loan Amount

Interest Rate (Per/Annum)Check rates

Loan Term

  • Loan Amount
  • Interest Payable
  • Total loan payment
Loan Amount
Interest Rate (Per/Annum)
Loan Term (in Month/s)

This calculator gives you an estimate of the EMI you have to pay on taking SBI gold loans. You can avail this loan from SBI on the basis of the following factors:

  • Purity of gold: According to the standards set by SBI, the purity of your gold should be of 18 to 24 carats. The weight of stones and gems will be reduced from the total weight.
  • Price of gold: After the estimation of the purity and net weight of your jewellery, it will be multiplied with the price of gold and the value of gold will thus be calculated.
  • Loan to value ratio: After the evaluation of the jewellery, a loan to value of up to 75% will be applied to calculate the loan amount eligibility.

SBI Gold Loan Per Gram Eligibility

To get approval for a gold loan from SBI, there are certain eligibility criteria you have to meet. These are mentioned below:

  • Minimum age of 21 years when applying for the loan.
  • Needs to have a steady source of income.

Documents required:

  • Two copies of photographs
  • Proof of Identity with proof of Address
  • Witness Letter (for illiterate borrowers)