Baroda Rajasthan Kshetriya Gramin Bank Gold Loan

Get Loan in 30 Mins

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.

Unlock the Real Value of your Gold

Rates as low as 1% p.m.
Get Money in 30 Mins
Loan Amount Up to 1 Crore
Loan Tenure Up to 48 Months
Unbiased Experts Advice

About Baroda Rajasthan Kshetriya Gramin Bank Gold Loan

Baroda Rajasthan Kshetriya Gramin Bank is a regional rural bank established in the year 1976 after the merger of three regional rural banks namely Baroda Rajasthan Gramin Bank, Hadoti Kshetriya Gramin Bank, and Rajasthan Gramin Bank. Also, the head office of this bank is in Ajmer.

Furthermore, the bank has 12 regional offices at Alwar, Banswara, Baran, Bharatpur, Bhilwara, Chittorgarh, Churu, Jhunjhunu, Kota, Neem Ka Thana, Sawaimadhopur and Sikar. A lot of financial services are available to customers like Gold Loan, Personal Loan, and Home Loan.

What is Gold Loan?

Baroda Rajasthan Kshetriya Gramin Bank Gold Loan

Gold Loan also known as Loan against gold is an unsecured service in which the loan seeker puts the gold ornaments in the bank in return of the amount of loan. The applicant gets the gold jewelry back after the loan is repaid to the customers.

Furthermore, Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Interest Rates are quite less in contrast to other loan services.

Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Eligibility

  1. The gold should be in the name of the applicant or family member.
  2. The applicant should be a resident of India.
  3. The age should lie in between 18-70 years group.
  4. The minimum loan amount is 18000 Rupees, and it can go up to 1 Crore depending upon the quality of gold.
  5. It is a service with the best rate of interest.

Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Interest Rate

  1. The interest rate of this service starts at 10.5%-12% p.a.
  2. The financial organizations provide these loans for 1 to 4 years.
  3. The pre-closure charges are in between 0% to 2% of the value of the loans.

Documents Required for Baroda Rajasthan Kshetriya Gramin Bank Gold Loan

The documents should be particularly from the following options

Applicant Identity Verification Documents can be amongst the below  documents (ANY):

  1. Passport: Valid Copy of passport both front and last page
  2. Voters ID card: Copy of Valid Voter Identity Card
  3. Driving License: Copy of Driving license which is valid.
  4. Adhar card: Copy of Adhar Card with current information

Applicant Address Verification Proof can be amongst the below documents(ANY):

  1. Passport: Valid Copy of passport both front and last page
  2. Voters ID card: Copy of Valid Voter Identity Card
  3. Driving License: Copy of Driving license which is valid.
  4. Adhar card: Copy of Adhar Card with current information
  5. Utility Bills on the name of the applicant.
  6. Sales Tax Certificate
  7. Rental Agreement

Baroda Rajasthan Kshetriya Gramin Bank Gold Loan Advantages

  • Great Availability : First and foremost, Gold Loan is a secured service, therefore the processing of this loan is quick as the bank is mostly concerned with the quality and weight of the gold.
  • Low Rate of Interest : In contrast to services like personal loans, the gold loan has the least interest rate as banks keep security against Baroda Rajasthan Kshetriya Gramin Bank Gold Loan.
  • Negligible foreclosure charges : Generally, banks do not have any prepayment charges but some banks can charge a penalty of just 1%.
  • Safety of Ornaments : The ornaments are more secure with the banks due to the strict security In the banking institutions which is quite less at homes.
  • No qualification of Credit Score : As this is a secured loan, therefore, the applicant does not have to worry about bad loan repayment history.
  • Income-proof not required : The salary of an applicant is not an issue for availing a gold loan as it depends majorly on the weight and quality of gold available with the applicant.
  • No loan processing charges : Another advantage is that the applicant does not have to pay extra for this service as the approval solely depends upon the asset kept as security.

FAQs About Baroda Rajasthan Kshetriya Gramin Bank Gold Loan

Q. How much Gold Loan can I get per gram in Baroda Rajasthan Kshetriya Gramin Bank?

The per gram Gold Loan rate in Baroda Rajasthan Kshetriya Gramin Bank varies depending on the quality of your Gold and the market price of the gold.

Q. What is Baroda Rajasthan Kshetriya Gramin Bank Gold Loan?

Baroda Rajasthan Kshetriya Gramin Bank gives the facility of loan against gold for business or personal use of the borrower at competitive rates of interest for a tenure of their choosing. The bank provides convenient methods for repayment of the loan as well.

Q. What is the Gold Loan interest rate in Baroda Rajasthan Kshetriya Gramin Bank?

Rate of Interest charged by the bank on Gold Loan depends upon the amount of the loan to be borrowed. The rate of interest starts at 10.70% per annum.

Q. How to pay Baroda Rajasthan Kshetriya Gramin Bank Gold Loan online?

You can repay the Gold Loan using a Standing Instruction or an ECS on your bank account for automated payments. For more information on this, you need to visit the nearest bank branch.

Q. How to apply Gold Loan in Baroda Rajasthan Kshetriya Gramin Bank?

Applying for the Gold Loan from Baroda Rajasthan Kshetriya Gramin Bank is a hassle-free and easy process. You just need to fill a form by visiting the nearest branch or on Dialabank’s digital platform to apply for the Gold Loan and get the best deal.

Q. How to renew Baroda Rajasthan Kshetriya Gramin Bank Gold Loan online?

Renewal can be done by visiting the bank and getting the gold revalued at new market prices. You need to carry all loan-related documents with you and you might be asked to fill a form for renewal as well. The new terms are formed and upon their agreement loan is renewed.

Q. How to take Gold Loan from Baroda Rajasthan Kshetriya Gramin Bank?

Gold Loan from Baroda Rajasthan Kshetriya Gramin Bank is a convenient and quick process which can be completed on the same day. You just need to be eligible for the loan and apply for it by visiting the branch. The bank gives quick approval and disbursement as well.

Q. What is Gold Loan in Baroda Rajasthan Kshetriya Gramin Bank?

Baroda Rajasthan Kshetriya Gramin Bank provides loan against gold as security for fulfilling emergency of funds of the borrowers. The bank gives loans at attractive interest rates and can be used for personal or business use. The bank gives easy repayment options and a renewal facility on the loan as well.

Q. How to get Baroda Rajasthan Kshetriya Gramin Bank Gold Loan?

Just apply for the loan by visiting the nearest or through Dialabank.com. Go to the branch with the required documents and the gold that is to be pledged and get your gold evaluated. Accept the offer made by the banker and get quick disbursement of funds.

Q. How to check Baroda Rajasthan Kshetriya Gramin Bank Gold Loan status?

Checking the status of your loan application can be done by calling on the toll-free helpline number.

Q. How to close Baroda Rajasthan Kshetriya Gramin Bank Gold Loan?

Closure of the loan takes place when you have completed the payment for the amount that was due for your gold loan including any penal fee. The bank releases the gold after complete verification.

Q. How to renew Baroda Rajasthan Kshetriya Gramin Bank Gold Loan?

The renewal process requires your presence in the bank branch. You need to get the gold kept as security released and revaluated and new terms are required to be agreed upon for completing the renewal process.

Q. What happens if someone defaults Baroda Rajasthan Kshetriya Gramin Bank Gold Loan?

If someone defaults payment for the Gold Loan from Baroda Rajasthan Kshetriya Gramin Bank it affects the credit score negatively and also bank may auction the gold for the recovery of the amount.

Q. How many branches of Baroda Rajasthan Kshetriya Gramin Bank Gold Loan?

Baroda Rajasthan Kshetriya Gramin Bank is established with their Head Office in Ajmer, Rajasthan. The bank operates with a network of more than 800 branches.

Share This

Menu