Baroda Gujarat Gramin Bank Gold Loan Documents Required

GOLD LOAN @ 0.57%*
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⍟  Highest Rate Per Gram
⍟  Lowest Interest Rate of 0.57% p.m.

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    Baroda Gujarat Gramin Bank Gold Loan Documents Required

    Features of Baroda Gujarat Gramin Bank Gold Loan

    In general Loan on Gold, the credit is available at a low-interest rate. Moreover, theBaroda Gujarat Gramin Bank Gold Loan Documents Required reason behind that the Baroda Gujarat Gramin Bank Gold Loan comes in the category of secured loans. So the Gold loan Interest Rate is less than that of a personal loan or any other kind of loans. Though the Gold Loan rate keeps on changing with the passage of time as well as person to person. The Baroda Gujarat Gramin Gold Loan is available at a 1% per month interest rate.

    Some features of Baroda Gujarat Gramin Gold Loan:

    • Baroda Gujarat Gramin Bank  follows a very simple and hassles free process
    • Faster Baroda Gujarat Gramin Bank Gold Loan disbursal.
    • Minimum documentation.
    • Improves customer service in a much shorter response turn around time.
    • 100% safety as well as protection of gold ornaments.
    • The bank charges 0.50% of principal amount as foreclosure charges.

    Baroda Gujarat Gramin Bank Gold Loan comparison with banks

    Bank / NBFC Rate Per Gram Interest Rate Gold Loan Tenure Min – Max Loan Amount
    ₹ 3,506 to ₹ 4,621 0.099 3 to 24 months ₹ 10 thousand to 5 crore
    ICICI Gold Loan ₹ 3,506 to ₹ 4,621 0.1 6 to 12 months ₹ 10 thousand to 5 crore
    ₹ 3,506 to ₹ 4,621 0.12 7 days to 36 months ₹ 3 thousand to 1 crore
    ₹ 3,506 to ₹ 4,621 0.1225 12 months ₹ 3 thousand to 1 crore
    ₹ 3,506 to ₹ 4,621 0.1025 36 months ₹ 20 thousand to 50 lakh
    ₹ 3,506 to ₹ 4,621 0.1 3 to 36 months ₹ 10 thousand to 5 crore
    SBI Gold Loan ₹ 3,506 to ₹ 4,621 0.0975 12 to 36 months ₹ 20 thousand to 50 lakh
    ₹ 3,506 to ₹ 4,621 0.075 3 to 36 months ₹ 20 thousand to 50 lakh
    ₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 20 thousand to 50 lakh
    ₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 10 thousand to 5 crore
    IIFL Gold Loan ₹ 3,506 to ₹ 4,621 0.12 11 months ₹ 3 thousand to 50 lakh

    Baroda Gujarat Gramin Bank Gold Loan EMI calculator

    What else should you have to spend each month to keep the gold loan going? You can find out in a matter of seconds using our quick Gold Loan Qualification and EMI Calculator. Calculating a specific quantity based on your budget is now arduous and time-consuming. As a result, we’ve created a location where customers may get help with the quantity. Our tools allow users to calculate the exact rate of interest and loan duration.

    Baroda Gujarat Gramin Bank Gold Loan Documents Required

    At the time of application the following documents are required:

    • Proof of the citizenship of India
    • Duly filled application form
    • 2 passport-sized photographs
    • Applicant’s KYC documents to establish Identity and Address
    • Salary/ Income Proof
    • Witness Letter in case of illiterate borrowers
    • In the case of Agriculture Loan of more than Rs. 1 lac, land proof
    • Certificate by the Jewel Appraiser (Bank will arrange)

    At the time of disbursement the following documents are required:

    • Demand Promissory Note & Demand Promissory Note Take Delivery Letter
    • Gold Ornaments Take Delivery Letter
    • Arrangement Letter

    Baroda Gujarat Gramin Bank Gold Loan Documents Required–FAQs

    What is Baroda Gujarat Gramin Bank Gold Loan?

    Baroda Gujarat Gramin Bank gold loan is a service for the purpose of fulfilling the requirement of funds of the borrower at a competitive rate of interest for a tenure of your choosing. The bank provides convenient methods for repayment of the loan as well.

    How much Gold Loan can I get per gram in Baroda Gujarat Gramin Bank?

    The Gold Loan Per Gram rates in Baroda Gujarat Gramin Bank can vary depending on the quality as well as the market price of your gold. Maximum funding of 70% of your Gold’s market price can be availed.

    What is the Gold Loan interest rate in Baroda Gujarat Gramin Bank?

    Rate of Interest charged by the Baroda Gujarat Gramin Bank Gold Loan depends upon the amount of the loan that is borrowed. The rate of interest starts at 10.70% per annum.