Bank of Baroda Gold Loan

1. Up to Rs.3 lakh - BRLLR-the interest rate is 8.85% p.a.
2. More than Rs.3 lakh up to Rs.50 lakh - BRLLR-the interest rate is 8.85% p.a.

Eligibility to apply BOB Gold Loan

Anyone who owns gold jewelry or ornaments can avail a gold loan from Bank of Baroda. The loan will be in the form of a demand loan and can be used for any purpose except for speculative purpose.

Gold Loan Calculator

You can determine how much loan you are eligible for by using the Gold Loan Calculator tool that is available on the website of many lenders and third-party websites. You just need to enter the weight of your gold ornaments or jewelry and the tool will calculate and display the loan amount you are eligible for. Some of the lenders may also ask you to enter the type of gold, repayment tenure, and your details such as name, contact number, etc., in the gold loan calculator tool.

A customer must submit the following documents to apply for a Bank of Baroda Gold Loan.

1. Recent passport size photographs
2. Application form filled and duly signed
3. Identity Proof - any one of the documents like PAN card, passport, voter ID, driving license or Aadhaar card.

1. Residence Proof - any one of the documents like ration card, passport, recent utility bills or Aadhaar card.

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