Interest rate for gold loan of bank of baroda bank - 2017-2018 StudyChaCha

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  #1  
Old March 13th, 2014, 11:59 AM
vinay verenkar
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Default Interest rate for gold loan of bank of baroda bank

please let me know the rate of interest rate of bank of baroda bank gold loan
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  #2  
Old December 20th, 2014, 09:08 AM
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Default Re: Interest rate for gold loan of bank of baroda bank

Headquarter of Bank of Baroda is located at Vadodara (Baroda), India.

It was founded in the year 1908 .

Baroda Advance Against Gold Ornaments / Jewelleries details are given below .

(At Urban & Metro Centres)

Nature of facility:

Term Loan /Demand Loan

Eligibility:

All individuals who are owners of the Gold Ornaments / Jewellries.

Margin:

Advance Against Gold Coins,Gold Ornaments / Jewellery will be 25%(i.e.loan to value not exceeding 75%) for credit facilities upto Rs 3.00 lacs and 35% for credit facilities exceeding Rs 3 lacs

Purpose:

Any purpose other than speculative purpose

Maximum Limit:

Rs. 10 Lacs

Minimum Limit:

Rs. 0.25 Lacs

Repayment:

Maximum 36 months

Processing Charges:

0.50% plus service tax.
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  #3  
Old September 12th, 2015, 11:31 AM
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Default Re: Interest rate for gold loan of bank of baroda bank

What Interest Rate charged by Bank of Baroda Bank for Traders Loan Against security of Gold ornaments , Jewellery can you tell me as I am thinking to take load Against security of Gold
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  #4  
Old September 12th, 2015, 11:31 AM
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Default Re: Interest rate for gold loan of bank of baroda bank

2 % Interest Rate charged by Bank of Baroda Bank for Traders Loan Against security of Gold ornaments , Jewellery

Here as you are looking for this loan so I am providing related information
Baroda Traders Loan Against the Security of Gold Ornaments / Jewelleries

(At Urban & Metro Centres)

Who can apply for this loan :

All individuals, Joint Borrowers, Proprietorship /Partnership firms who are engaged in trading and having license wherever required can apply for this loan

Nature of facility:

Loan/ overdraft

Purpose:

Working Capital Requirement and / or purchase of equipments for development of shop.

Maximum Limit:

Rs. 2 Lacs

Minimum Limit:

Rs. 0.50 Lacs

Margin:

Advance Against Gold Coins,Gold Ornaments / Jewellery will be 25%(i.e.loan to value not exceeding 75%) for credit facilities upto Rs2.00 lacs.

Repayment:

Maximum 60 months for Loans and 12 months in case of overdraft subject to annual review

Processing Charges:

0.50% with a minimum of Rs.250/ plus service tax.
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