Bank of Baroda Gold Loan
BRLLR-linked retail gold loan at 9.20% p.a. (Demand Loan & EMI) / 9.30% (Overdraft), a concessional Agri Gold Loan from 7.70%, up to 0.40% women concession, nil fee up to ₹3 Lakh and no prepayment charges.
Bank of Baroda's retail gold loan interest rate is BRLLR + SP + 1.00% = 9.20% p.a. for the Demand Loan and EMI schemes, and 9.30% p.a. for the Overdraft (floating, BRLLR-linked), with women borrowers getting up to 0.40% off. The priority-sector Agricultural Gold Loan is MCLR-linked at 7.70% – 8.45% p.a. Loans go up to ₹25 Lakh per borrower against minimum 18-carat gold, processing is nil up to ₹3 Lakh (0.50% + GST above), there are no prepayment charges, and the tenure runs 12 – 36 months (retail EMI) / up to 12 months (agri).
Data source: Bank of Baroda official website · Reviewed 2026-07-30 · Indicative only.
💰 Maximum Loan Per Gram Today
At 75% LTV (RBI cap) · Live indicative gold rate
Loan amount = (today's gold rate per gram × 75%) · Indicative only. Final amount depends on branch appraisal of purity and net weight.
🧮 Check Your Bank of Baroda Gold Loan Eligibility
Enter your gold weight to estimate the maximum loan amount, monthly interest, and EMI at Bank of Baroda's indicative rate of 7.70% p.a.
Estimate based on indicative gold rate and Bank of Baroda's published rate of 7.70% p.a. Actual disbursal depends on branch-level gold appraisal, net weight (after deducting stones/wax), and KYC.
📋 Bank of Baroda Gold Loan — Quick Facts
📑 Bank of Baroda Gold Loan Schemes Compared
Side-by-side comparison of all 4 gold loan variants from Bank of Baroda. Choose the scheme that matches your repayment preference.
| Scheme | Interest Rate | Tenure | Repayment | LTV | Processing Fee | Best For |
|---|---|---|---|---|---|---|
| BoB Retail Gold Loan — Demand Loan | BRLLR + SP + 1.00% = 9.20% p.a. (floating) | 12 months (bullet repayment of principal anytime within tenure) | Interest monthly; principal as a bullet payment anytime during tenure | Up to 75% (RBI cap; per-scheme LTV not published) | Nil up to ₹3 Lakh; 0.50% (min ₹500, max ₹2,500/₹3,500) + GST above ₹3 Lakh | Short-term personal & business needs — medical, education, marriage, working capital |
| BoB Retail Gold Loan — EMI Option | BRLLR + SP + 1.00% = 9.20% p.a. (floating) | Minimum 12 months, maximum 36 months | EMI — fixed monthly instalments of principal + interest | Up to 75% (RBI cap; per-scheme LTV not published) | Nil up to ₹3 Lakh; 0.50% (min ₹500, max ₹2,500/₹3,500) + GST above ₹3 Lakh | Borrowers who prefer structured monthly repayments over a longer horizon |
| BoB Retail Gold Loan — Overdraft | BRLLR + SP + 1.10% = 9.30% p.a. (floating) | 12 months, subject to annual review | Overdraft — interest only on the utilized amount | Up to 75% (RBI cap; per-scheme LTV not published) | Nil up to ₹3 Lakh; 0.50% (min ₹500, max ₹2,500/₹3,500) + GST above ₹3 Lakh | Flexible revolving credit line for business or recurring working-capital needs |
| BoB Agricultural Gold Loan (Priority Sector) | 1-Yr MCLR-linked: 7.70% p.a. (up to ₹3L) → 8.20% p.a. (₹10L–₹25L) for agri | Up to 12 months (renewable) | Bullet / instalments synced to crop harvest & cash flow; max 12-month moratorium | Up to 75% (RBI cap; per-scheme LTV not published) | Nil up to ₹3 Lakh; 0.50% (min ₹500, max ₹2,500/₹3,500) + GST above ₹3 Lakh | Farmers financing cultivation, allied agriculture, farm equipment & other priority-sector needs |
All rates and fees are indicative and sourced from Bank of Baroda's official website. Verify current charges at your branch before applying.
🌾 Agricultural Gold Loan — from 7.70% p.a. (Priority Sector)
Bank of Baroda's Agricultural Gold Loan is a priority-sector scheme for farmers and agricultural borrowers, offered at a concessional MCLR-linked rate of 7.70% – 8.45% p.a. depending on the loan amount and sector. It funds agriculture and allied activities, with repayment synchronized to the harvest and the borrower's cash flow. Available as Cash Credit or Demand Loan, up to ₹25 Lakh per borrower.
Crop Cultivation Loan (up to ₹3 Lakh)
Finance seeds, fertilizers, pesticides, and labour for the current crop season at just 1-Yr MCLR (7.70% p.a.); repay at harvest.
Allied Agriculture & Farm Investment (₹3L – ₹25L)
Fund farm equipment, irrigation, dairy, poultry, fisheries, and allied agri-allied enterprises at 7.95% – 8.20% p.a.
Other Priority-Sector Loans
Support non-agri priority-sector needs against pledged gold at 7.95% – 8.45% p.a., with instalments synced to cash accrual.
✅ Eligibility — Who Can Apply
- ✓Indian residents who are the true owners of the gold ornaments / jewellery being pledged
- ✓Farmers and agricultural borrowers for the priority-sector Agricultural Gold Loan (cheapest rate from 7.70% p.a.)
- ✓Salaried, self-employed, professionals and business owners needing secured short-term funds
- ✓Women borrowers — eligible for a concessional interest rate of up to 0.40% on the retail gold loan
- ✓Must own pledgeable gold of minimum 18-carat (18K) purity — ornaments/jewellery and specially minted bank gold coins (up to 50g per borrower)
- ✓Basic KYC compliance (PAN + a valid identity/address proof) — no income proof or salary slips needed
📄 Documents Required
🪜 How to Apply for a Bank of Baroda Gold Loan
Follow these 6 steps to get your gold loan disbursed. The entire process is typically completed the same day.
💸 Fees & Charges Breakdown
| Charge | Amount |
|---|---|
| Processing charges (loan up to ₹3 Lakh) | Nil |
| Processing charges (₹3 Lakh – ₹5 Lakh) | 0.50% of loan amount, min ₹500 – max ₹2,500 + GST |
| Processing charges (above ₹5 Lakh) | 0.50% of loan amount, max ₹3,500 + GST |
| Interest rate (Retail — Demand Loan & EMI) | BRLLR + SP + 1.00% = 9.20% p.a. |
| Interest rate (Retail — Overdraft) | BRLLR + SP + 1.10% = 9.30% p.a. |
| Interest rate (Agri — up to ₹3 Lakh) | 1-Yr MCLR = 7.70% p.a. |
| Interest rate (Agri — ₹3L – ₹10L) | MCLR + SP = 7.95% p.a. |
| Interest rate (Agri — ₹10L – ₹25L) | MCLR + SP + 0.25% = 8.20% p.a. |
| Women concession (Retail) | Up to 0.40% lower interest rate |
| Prepayment / pre-closure charges | Nil |
| Gold security | Minimum 18-carat gold jewellery / ornaments; bank-minted coins up to 50g |
⚖️ Pros & Cons of a Bank of Baroda Gold Loan
An honest look at where Bank of Baroda shines — and where other lenders might suit you better.
- +Transparent BRLLR / MCLR-linked floating rates — retail from 9.20% p.a. (Demand Loan & EMI)
- +Agricultural Gold Loan at a concessional 7.70% – 8.45% p.a. (1-Yr MCLR-linked) — among the cheapest gold loan rates available
- +Women borrowers get a concessional interest rate of up to 0.40% on the retail gold loan
- +Three retail repayment options — Demand Loan (bullet principal), EMI (12–36 months), and Overdraft
- +NIL processing charges for loans up to ₹3 Lakh, and no pre-closure or prepayment charges at all
- +Free online Gold Loan Calculator to pre-estimate loan eligibility before visiting a branch
- +Vast nationwide branch network with strong rural / agri presence across India
- +Insured, secure storage of pledged gold during the loan tenure
- –BoB does not publish a per-scheme LTV figure publicly — only the RBI 75% ceiling applies, so the actual LTV you receive may be lower and must be confirmed at the branch
- –Maximum loan amount is ₹25 Lakh per borrower (the ₹50 Lakh marketing headline refers to overall eligibility, not a single-borrower scheme limit)
- –Processing fee applies above ₹3 Lakh (0.50% + GST, capped at ₹2,500/₹3,500) — higher than the lowest PSU fees (e.g. SBI from ₹200, Canara from ₹125)
- –BRLLR / MCLR-linked rate moves with RBI repo-rate changes; the effective rate may rise over time
- –Digital end-to-end disbursal is less prominent than at larger private banks — a branch visit is generally required for appraisal and pledge