Get the required funds instantly with a Bank of Baroda Retail Gold Loan
Bank of Baroda offers gold loans of up to ₹50 Lakhs for tenures ranging up to 36 months at affordable interest rates starting from just 9.40% p.a. You can use the amount borrowed with the help of this loan to meet multiple expenses like hospital bills, car repairs, home renovation, and more.
Today get gold loan at
₹3,504/gm
Gold to be pledged (in grams)
Required Loan Amount
Select Interest Repayment Frequency
Gold weight required
0 grams
Repayment Frequency
MonthlyInterest Repayment
Gold Loan have a fixed tenure of 12 months
Gold Loan have a fixed tenure of 12 months
You can get a loan of up to ₹50 Lakhs to meet all your expenses
Pay zero processing fees on loans under ₹3 Lakhs. Additionally, you will not be required to pay any pre-closure or prepayment penalties
You can choose a tenure between 12 months and 36 months to repay the loan as per your convenience
You can choose between monthly, quarterly or half-yearly instalments as per your convenience. Alternatively, you may also make bullet repayments.
The Bank of Baroda ensures safe and secure storage of your gold ornaments
Get the required gold loan without having to deal with excessive paperwork
Here are the eligibility criteria for Bank of Baroda’s Retail Gold Loan:
Applicant must be the true owner of gold jewellery, ornaments and/or specially minted gold coins
Applicant must be a citizen of India
Applicant must be KYC-compliant
Alongside this, you will be required to submit the following documents:
Passport
Driving licence
Voter ID
Aadhaar card, etc.
Passport
Ration card
Recent utility bills
Aadhaar card
You can apply for a Bank of Baroda Retail Gold Loan by visiting the nearest branch or through the bank’s official website. Applying for the loan against gold online is quite simple and can be done from the comfort of your home. For this, follow the simple steps listed below:
Visit the Bank of Baroda’s official website
Sign up/log in to get started
Navigate to the application section
Fill in the online form with all the required personal and professional details
Cross-check the data and submit the application
Following this, a representative from the Bank of Baroda will reach out to you for further proceedings.
The maximum repayment period for gold loans offered by the Bank of Baroda can go up to 36 months.
Bank of Baroda offers EMI-based term loans to applicants, who opt for a Retail Gold Loan.
demand gold loans. Meanwhile, it provides demand loans to Agri Gold Loan applicants. These are short-term loans that do not have a fixed tenure and can be extended as required.
You may use the Bank of Baroda Retail Gold Loan for general needs like education, home improvements, etc. On the other hand, the Agri Gold Loan can be used only to meet agricultural requirements or for other allied activities.
At present, there are no facilities that enable you to renew your gold loan online. However, at the end of the loan tenure, you can visit the nearest Bank of Baroda branch to initiate the renewal process.