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Baroda Advance Against Gold Ornaments / Jewelleries

(At Urban & Metro Centres)

Eligibility:

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

Nature of facility:

Demand Loan

Purpose:

Any purpose other than speculative purpose

Maximum Limit:

Rs. 10 Lacs

Minimum Limit:

Rs. 0.25 Lacs

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

Repayment:

Maximum 12 months

Processing Charges:

0.50% plus service tax.

RATE OF INTEREST: (CLICK HERE FOR CURRENT INTEREST RATES).


For more details, kindly visit a Bank of Baroda Branch nearest to you.



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