Bank of Baroda Gold Loan: In this article we will give you Bank of Baroda gold loan in Hindi Will provide information about. Bank of Baroda is offering Gold Loan to the customers at a low interest rate. If you need money urgently, then you can join the Gold Loan of Bank of Baroda.
Bank Of Baroda Gold Loan Interest rate 7.75% p.a. starts from The loan tenure of BOB Gold Loan ranges from 12 to 36 months. Under this loan, you can get a loan up to a maximum of Rs 25 lakh. When you take a loan by pledging anything made of your gold, then it is a gold loan.
You can take this loan for any purpose like marriage expenses, medical emergency, higher education, traveling etc. In this article, we are going to get information about BOB Gold Loan from beginning to end, so read this article till the end.
Bank of Baroda Gold loan in Hindi
Bank of Baroda Gold Loan being a secured loan, you can get it even on a low CIBIL score. To avail this loan, you have to pledge gold jewelery or gold coins. Bank of Baroda Gold Loan You can apply for both online and offline.
If you are an existing customer of the bank and you fulfill all the conditions of BOB Gold Loan, then you can take advantage of the bank’s attractive gold loan interest rate. Bank of Baroda offers many types of gold loans according to the needs of the customers, whose interest rate and loan amount etc. can be different.
HIGHLIGHTS:
| loan name | Bank of Baroda Gold Loan 2022 |
| lender | Bank Of Baroda |
| loan amount | Maximum Rs.25 lakh |
| processing fee | Applicable Charges + GST |
| prepayment fee | Zero |
| Rate of interest | Starting from 7.75% p.a. |
| application mode | online / offline |
| official website | www.bankofbaroda.in |
Bank of Baroda Gold loan interest rate 2022
gold loan Bank of Baroda interest rate 7.75% per annum starts from. Bank of Baroda mainly offers two types of gold loans, which we will get to know in detail in this article.
The interest rates for these different loans are different. The gold loan interest rate depends on several factors such as the applicant’s credit history, age, employment status, income, purity of gold, etc.
Bank of Baroda Gold loan rates for different loans are as follows:
BOB Retail Gold Loan
| Conditions | Repo Rate + Spread | Effective Rate of Interest |
|---|---|---|
| Demand & EMI Schemes (Up to Rs. 25.00 Lakhs) | BRLLR+SP+1.00% | 9.75% |
| Overdraft Scheme (Up to Rs.25.00 Lakh) | BRLLR+SP+1.10% | 9.85% |
BOB Agri Gold Loan
| region | up to Rs 3 lakh | 3 lakh to 10 lakh rupees | Above Rs.10 lakh and up to Rs.25 lakh |
|---|---|---|---|
| agriculture | 1 year MCLR | 1 year MCLR+SP | 1 year MCLR+S.P+0.25% |
| other priority | 1 year MCLR+SP | 1 year MCLR+S.P+0.25% | 1 year MCLR+S.P+0.50% |
Bank of Baroda Gold Loan Benefits and Features
- One can take this gold loan to meet any of his needs such as marriage expenses, medical emergency, travel, home renovation, higher education etc.
- Under BOB Gold Loan, you can take a maximum loan of Rs 25 lakh.
- If you need money urgently then you can apply for this loan.
- You can mortgage your gold jewelery or coins.
- With the help of Bank of Baroda Gold Loan calculator, you should calculate the EMI of your loan to get an idea of the amount you will have to pay at the time of repayment of the loan.
Bank Of Baroda Gold Loan Types
Bank Mukt offers two types of Gold Loan which are as follows:
- Retail Gold Loan
- Agri Gold Loan
Retail Gold Loan:
Features of Retail Gold Loan are as follows:
- You can avail this loan for any of your needs.
- This loan to women is provided at a competitive interest rate with the added benefit of concessional rates.
- Demand loan, over draft and EMI facility.
- You can get a maximum loan of Rs 25 lakh.
- The tenure of this loan ranges from 12 months to a maximum of 36 months.
- Zero processing fee for loans up to Rs.3 lakh and applicable charges +GST for loans above Rs.3 lakh.
- Pre closure / Pre payment fee is nil.
- This BOB Gold Loan The applicant must be a permanent resident of India to avail the benefits.
Agri Gold Loan:
- Cash credit and demand loan facility.
- You can take advantage of this gold loan for any work related to agriculture and agriculture.
- You can get a maximum loan of Rs 25 lakh under this loan.
- The maximum tenure of the loan is 12 months.
- Upto Rs.3 Lakh the processing fee is NIL and above Rs.3 Lakh the applicable fee is + GST.
- Prepayment is nil.
Bank of Baroda Gold Loan Eligibility
- The applicant must be a resident of India.
- You can avail this loan for any of your purposes.
- You must have gold ornaments or jewelery to pledge.
- Only that gold will be accepted which is 18 carat or more.
- Other eligibility.
Bank of Baroda gold loan documents required
- Duly filled application form
- Income proof if required.
- address proof
- identity proof
- KYC documents
- passport size photo
- mobile number
- other documents
How to apply Bank of Baroda Gold Loan?
Eligible individuals can apply online and offline for this loan, follow the steps given below to apply:
Bank of Baroda gold loan apply online
- In the option of Loans on the home page of the website gold loan Click on the option.
- After clicking, a list of all gold loans will appear in front of you.
- Click on the loan you want to apply for.
- After clicking, all the information related to that loan will appear in front of you.
- to apply Apply Now Click on the option.
- The loan application form will open in front of you.
- Enter the requested information and click on submit.
- After submitting the form, the bank will contact you and the loan process will be issued further.
How to apply Bank of Baroda Gold offline?
- To apply offline, you must first go to your nearest Bank of Baroda branch.
- Go to the bank branch and contact the bank officer who will provide you complete information about the gold loan.
- Then will assess your gold and will inform you about how much loan you are eligible for.
- Your documents will be verified.
- You have to fill the form and submit the documents.
- If your loan is approved then the loan amount is transferred to your bank account.
Bank of Baroda Gold loan Customer Care Number
- Toll Free Number : 1800 258 44 55 / 1800 102 44 55
conclusion
In this article we have given you Bank Of Baroda Gold Loan Complete information about has been provided. Anyone who is in urgent need of money can apply for this loan.
If you are facing any problem in applying for gold loan or you want to get any other information about this loan, then you can get information by calling the Bank of Baroda customer care number.
FAQ:
Yes, anyone can get a loan up to Rs.25 lakh from Bank of Baroda.
You can do this with the help of the Gold Loan Calculator given in this article.
The interest rate starts from 7.75% p.a.