Bank Of India Gold Loan Interest Rate: In this article, we will provide you information about Bank of India Gold Loan in Hindi. If you need money urgently, then you can join the Gold Loan of Bank of India.
Under Bank of India Gold Loan, you can get a maximum loan amount of up to Rs.50 lakh. There is no minimum limit.
You can take a gold loan to meet any of your needs like marriage expenses, medical emergency, education, travel, home renovation etc.
We will help you in taking Gold Loan from Bank of India, so read this article till the end.
Bank of India Gold Loan in Hindi
You can mortgage gold jewellery, ornaments or coins. The interest rate of this loan starts from 7.25% per annum. The loan tenure of this loan is from 12 to 36 months.
BOI Gold Loan comes under the category of a secured loan. That is, to take this loan, you have to give collateral or security. To avail a gold loan, you need to pledge your gold as collateral or security.
Being a secured loan, this loan can also be availed by people with low CIBIL scores. If your credit history is very good, then you are an existing customer of the bank, then you can take advantage of the bank’s attractive gold loan interest rate.
You can apply for Bank of India Gold Loan both online and offline.
HIGHLIGHTS:
| loan name | bank of india gold loan 2022 |
| Bank | Bank of India |
| loan amount | up to Rs 50 lakh |
| loan tenure | 12 to 36 months |
| Rate of interest | Starting from 7.25% p.a. |
| processing fee | Up to Rs.1 lakh: Nil 1 lakh to 5 lakh: Rs 125 per lakh, maximum Rs 250 Above 5 lakh: Rs 125 per lakh, maximum Rs 1000 |
| official website | bankofindia.co.in |
Bank of India Gold Loan Interest Rate 2022
at present Bank of India Gold Loan Interest Rate 7.25% p.a. starts from. The interest rate of this gold loan may vary depending on the customer’s CIBIL score, age, loan amount, employment status, etc.
If your credit score is very good and you fulfill all the conditions of the bank, then you can get the cheapest gold loan.
Bank of India Gold Loan Benefits and Features
- One can take gold loan for any kind of need like marriage expenses, medical emergency, travel, home renovation, higher education etc.
- Under BOI Gold Loan, you can get a maximum loan of Rs 50 lakh. There is no minimum loan limit.
- Bank of India Gold Loan You can apply for both online and offline.
- Margin: For agricultural purposes: 15% to 35%; For non-agricultural purposes: 25% to 35%; Depending on the purity of the gold and the tenure of the loan.
- There is zero processing fee for loans up to Rs.1 lakh.
- For more information about this gold loan, you can contact Bank of India Gold Loan customer care number or by visiting your nearest bank branch.
- You can easily calculate your loan EMI with the help of Bank of India Gold loan calculator.
Bank of India Gold Loan Eligibility
- Anyone who is in urgent need of money can apply for this loan.
- You must have gold to pledge.
- You can pledge your jewellery, ornaments or gold coins.
- Gold should be of 18 carat or more.
- Agriculture / MSME / OPS / Retail / Consumption can apply for this loan.
Bank of India Gold Loan Documents required
- KYC document
- identity proof
- proof of address
- Income proof if required.
- passport size photo
- Aadhar card
- pan card
- signature proof
- Other Documents
How to apply Bank of India Gold Loan?
If you fulfill all the conditions of this loan, then you can apply for it both online and offline. Follow the steps given below to apply:
BOI Gold Loan Apply Online
- After visiting the website, you will get the option of Loans. gold loan Have to click on the option.
- After clicking, all the information related to gold loan will appear in front of you.
- You have to read this information correctly.
- To apply, click on the option of Apply Now.
- The loan application form will open in front of you.
- Enter the requested information and click on submit.
- After submitting the form, the bank officials will contact you and the loan process will be continued further.
Apply Offline for BOI Gold Loan
- For this you have to first go to your nearest Bank of India branch.
- Contact the employee of the bank who will provide you complete information about gold loan.
- Will assess your gold and inform you about how much loan you are eligible for.
- Then you have to fill the form and submit your documents to Bank of India.
- If your loan is approved, the loan amount will be transferred to your bank account.
BOI Gold Loan Customer Care Number
- Customer Care : 1800 220 229 / 1800 103 1906 / 022-4091 9191
conclusion
In this article, we have given you complete information about Bank of India Gold Loan. Anyone who is in urgent need of money can apply for this loan.
If you are facing any kind of problem in applying for the loan or you want to know more about this gold loan, then you can get information by calling the Bank of India Gold Loan customer care number.
FAQ:
Yes, you can get a gold loan up to Rs.50 lakh from Bank of India.
The interest rate starts from 7.25% p.a.
Nil up to Rs 1 lakh and Rs 125 per lakh for more than Rs 1 lakh.