Avail loan upto Rs 50 lakh, no financial documents required for SBI’s SME gold loan

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New Delhi: India’s largest lender State Bank of India (SBI) is providing SBI SME Gold Loan for companies at a pretty rate of interest. 

Under the SBI SME Gold Loan, you will get loans from Rs 1 lakh upto Rs 50 lakh with out dealing with any trouble. “Grow your business with SBI’s SME Gold Loan at very attractive rates. Apply now and avail the loan. Process is simple and hassle free. Visit our branch today!” tweeted SBI.

Among the opposite advantages that you’ll get on SBI SME gold loan are:

Overdraft and demand loan for MSME Enterprenuers to help enterprise progress
Competitive rate of interest at 7.25 % linked to EBLR
Simple Assessment
No steadiness sheet required

Eligibility for SBI SME Gold Loan

Existing MSME Units (Proprietorship Firm solely), each borrowing & non-borrowing models of our Bank, who wish to avail loan towards Gold Ornaments/ Jewellery.

Unit/ Shop shall be with operating exercise.

Account shouldn’t be in NPA standing, reads the SBI web site.

SBI SME gold loan with none trouble

No financial documents required.

Only self-declared projected turnover to be submitted.

Quick Sanction & Simple Documentation.

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