Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Approval Process

GOLD LOAN @ 0.57%*
APPLY NOW

⍟  Highest Rate Per Gram
⍟  Lowest Interest Rate of 0.57% p.m.

    I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

    Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Approval Process

    Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Approval Process Features

    Know details about Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Approval Process. Sponsored by Bank of Baroda, Baroda Rajasthan Kshetriya Gramin Bank under Regional Rural Act, 1976. With its 12 regional offices in Rajasthan, the Bank has its head office in Ajmer. The bank has 833 branches that provide Core Banking Solutions.

    A gold loan is a secured loan that customers can avail of from Nagaland Rural Bank in lieu of gold ornaments like gold jewelry and it is one of the easiest ways to meet your financial needs, such as; international education, marriage expenses, medical emergencies, etc. With Dialabank’s easy approval process you can avail of a gold loan with just a few simple and quick steps.

    • Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Approval ProcessTenure: Baroda Rajasthan Kshteriya Gramin Bank offers flexible loan tenure options.
    • Repayments: It provides multiple repayments options.
    • Loan amount: Applicants for gold loans can leverage a comparatively higher maximum cap on the loan amount.
    • Schemes: Gold loans can be repaid through various schemes.
    • Interest rate: Baroda Rajasthan Kshteriya Gramin Bank offers low-interest rates in comparison to other loan options.
    • Safety: Baroda Rajasthan Kshetriya Gramin Bank allows 100% safety and security of your gold ornaments.
    • Simple documentation: Baroda Rajasthan Kshetriya Gramin Bank provides simple documentation and fast processing of the loan amount.
    • Fee: Baroda Rajasthan Kshteriya Gramin Bank charges a low processing fee on gold loans.

    Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Eligibility

    Minimum and Maximum Age
    21 Yrs – 60 Yrs
    Note: However, many banks require a minimum age of 23 years
    Loan Amount
    Up to ₹ 2 Cr. Some banks restrict maximum eligibility to ₹ 20 Lakh
    Interest rates are lower for a higher loan amount
    Employment Type
    Salaried and self-employed both are eligible
    Businessmen are increasingly taking gold loans to meet their working capital requirements.
    In fact, housewives, senior citizens who are not eligible for other loans because they have no income proofs can easily avail of gold loans.
    Quality of Gold
    Gold ornaments should range in between 18 to 24 Carats
    An average gold price of 22-carat gold for the preceding 30 days is adjusted down for purity. So, the price of 20 Carat jewellery can be estimated by multiplying the price of 22 Carat jewellery by a factor of 20/22
    CIBIL Score
    Banks do not check CIBIL score for granting a gold loan
    However, your repayment track record for a gold loan is counted towards your CIBIL score and hence, can be instrumental in building your CIBIL score
    Gold ornaments that can be used for availing loan
    Gold bars and coins
    Gold with 18-24 carat purity
    Employment track record and income proofs
    Banks do not check your job stability or business stability to sanction you a gold loan. Gold loans are granted without income proofs. You only need to submit your basic KYC documents such as address proof, identity proof, and an Aadhaar card to avail of this loan.

    Baroda Rajasthan Kshetriya 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 Rajasthan Kshetriya Gramin Bank Gold Loan Approval Process

    Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Approval Process is instant and hassle free:

    • Visit Dialabank or call 9878981166 and our relationship manager will assist you.
    • Verify the information and you will get required details such as the amount of loan, interest rate, and loan tenure.
    • Continue with the application and submit the form.
    • Your loan amount will be approved immediately after your registration and documentation are intact.

    FAQs on Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Approval Process

    ✅ What is the tenure of Baroda Rajasthan Kshetriya Gramin Bank Gold Loan?

    The maximum tenure of your gold loan at Baroda Rajasthan Kshetriya Gramin Bank gold loan is up to 36 months.

     How to apply for Baroda Rajasthan Kshetriya Gramin Bank Gold Loan?

    Apply for Gold Loan with Baroda Rajasthan Kshetriya Gramin Bank by visiting the branch and enquiring about the same with your financial service provider. You can also apply online with Dialabank and get the offers and deals as per your needs.

    Can I avail of the EMI facility on a gold loan?

    Yes, you can avail of the EMI Facility on Gold Loan with a maximum tenure of 48 months.