IndiaBanks.org · independent research

Personal, home, vehicle & other loans

Bank of Baroda Gold Loan for Consumption Purposes

Gold-backed , or demand-loan facility for consumption needs, secured by eligible gold jewellery, ornaments or specially minted bank-sold coins.

Interest rateDemand/EMI: BRLLR + Strategic Premium + 0.75% p.a.; overdraft: BRLLR + Strategic Premium + 0.85% p.a.; alternatively fixed 9.00% p.a. The page does not map the fixed option to a facility type.Maximum amountNo minimum amount is stipulated; maximum ₹75,00,000 per borrower, with the gold-and-silver collateral cap combined.TenureBullet loans up to 12 months; EMI loans up to 36 months.
Official product page ↗Compare category

Quick eligibility check

Bank of Baroda Gold Loan for Consumption Purposes

0 of 7 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Individual who is the true owner of the pledged gold and has a Bank of Baroda savings account opened before lending?

Published source: Eligible borrower

2Do you meet this requirement: Individual borrowers must be the true owner of the pledged gold and hold a Bank of Baroda savings account opened before lending?

Published source: Eligibility

3Are you aged 18 to 75?

Published source: Eligibility

4Does your age meet this requirement: an EMI loan must be repaid before age 70?

Published source: Eligibility

5Do you meet this product condition: Eligible security is jewellery/ornaments of at least 18-carat purity or specially minted gold coins sold by the bank, up to 50 g per borrower?

Published source: Eligibility

6Document checkDo you have this required document or proof: Photograph, KYC and documentary proof of repayment capacity?

Published source: Required documents

7Document checkDo you have this required document or proof: Photograph, KYC documents, proof of repayment capacity and other documentary proof requested for the facility?

Published source: Required documents
0 of 7 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 28 Sept 2026 · active
Offered byBank of Baroda

India through Bank of Baroda's domestic branch network; individual products may have narrower eligibility or channel availability

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

PurposeConsumption purposes.View source
The first Features row states the facility purpose is consumption.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 1
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
AvailabilityAll Bank of Baroda Jewel Loan authorised branches and Jewel Shoppes across India.View source
The page states availability at all authorised Jewel Loan branches and Jewel Shoppes Pan India.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 2
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
FacilityOverdraft, EMI loan or demand loan.View source
The page lists , and demand-loan facilities.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 3
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Eligible borrowerIndividual who is the true owner of the pledged gold and has a Bank of Baroda savings account opened before lending.View source
The applicant row requires an individual true owner of the pledged gold and a pre-existing Bank of Baroda savings account.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 4
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Age18–75 years; for EMI loans, repayment must be completed before age 70.View source
The age row states 18–75 and requires repayment before age 70.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 5
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Maximum amountNo minimum amount is stipulated; maximum ₹75,00,000 per borrower, with the gold-and-silver collateral cap combined.View source
The amount row says no minimum is stipulated and caps the combined gold-and-silver collateral loan at ₹75 lakh per borrower.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 6
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Eligible collateralGold jewellery and ornaments of at least 18 carat purity; specially minted gold coins sold by the Bank, up to 50 grams per borrower.View source
The collateral row specifies at least 18-carat jewellery/ornaments and Bank-sold coins capped at 50 grams per borrower.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 7
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Loan assessmentBelow ₹2,25,000: lower of advance value and requested need. At or above the published higher tier, the lowest of repayment capacity, Treasury daily advance value and need/request is used; the page prints the second boundary as >₹2,25,000 and <₹5,00,000, leaving equality treatment unstated.View source
The page prints the lower-of and lowest-of assessment rules with non-inclusive threshold symbols; equality is not supplied.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 8
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
RepaymentBullet or EMI repayment.View source
The repayment rows list bullet and options.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features rows 9–10
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
TenureBullet loans up to 12 months; EMI loans up to 36 months.View source
The tenure row gives up to 12 months for bullet and 36 months for .
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 10
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Loan-to-value<₹2,25,000: 75%; >₹2,25,000 and <₹5,00,000: 70%; >₹5,00,000: 65%. Equality at the printed boundaries is not specified.View source
The page prints three bands using < and > symbols and does not state the equality treatment.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 11
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Interest rateDemand/EMI: BRLLR + Strategic Premium + 0.75% p.a.; overdraft: BRLLR + Strategic Premium + 0.85% p.a.; alternatively fixed 9.00% p.a. The page does not map the fixed option to a facility type.View source
The rate row publishes the -plus-spread formulas and a 9% fixed option without facility pairing.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 12
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Processing feeUp to ₹3,00,000: nil. Above ₹3,00,000: 0.50% of sanctioned limit, maximum ₹3,500 per borrower, plus GST.View source
The processing row states nil up to ₹3 lakh and 0.50% above it, capped at ₹3,500 plus .
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 13
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Assayer chargesUp to ₹50,000: ₹100 per account; above ₹50,000 to ₹3,50,000: ₹450; above ₹3,50,000: ₹600, excluding GST.View source
The assayer-charge row gives three amount bands and says the amounts exclude .
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 14
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNil.View source
The page states that prepayment and foreclosure charges are nil.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 15
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Penal charge2% p.a. on the overdue amount.View source
The penal-charge row states 2% per annum on the overdue amount.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 16
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Auction chargesActual charges.View source
The auction-charge row says actual charges.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 17
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Safe-keeping charge₹1,000 plus GST per month after closure, full repayment or settlement if the packet remains with the Bank.View source
The safe-keeping row publishes ₹1,000 plus per month in the stated post-closure circumstance.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 18
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
RenewalMaximum two renewals.View source
The renewal row permits up to two renewals.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 19
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Required documentsPhotograph, KYC documents, proof of repayment capacity and other documentary proof requested for the facility.View source
The final Features row lists photo, and documentary proof of repayment capacity.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 20
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
Loan typeOverdraft, EMI loan or demand loan.View source
The page lists , and demand-loan facilities. This is the issuer-published facilityType value shown under the comparison field “Loan type”.
Source
Gold Loan for Consumption Purposes — Bank of Baroda
Page / section
Features row 3 — comparison field: Loan type
Accessed
28 Sept 2026
Confidence
high
Open official source ↗
EligibilityIndividual borrowers must be the true owner of the pledged gold and hold a Bank of Baroda savings account opened before lending. Age: 18–75 years; an EMI loan must be repaid before age 70. Eligible security is jewellery/ornaments of at least 18-carat purity or specially minted gold coins sold by the bank, up to 50 g per borrower.View source
The applicant, age and security conditions are explicit rows in the existing published product-page review.
Source
Gold Loan for Consumption Purposes — current official product page
Page / section
Features rows 4–7: applicant, age and gold collateral; repayment condition
Accessed
7 Oct 2026
Confidence
high
Open official source ↗
BenchmarkBRLLR + Strategic Premium + 0View source
The manually reviewed product record states: “Demand/: + Strategic Premium + 0.75% p.a.; overdraft: + Strategic Premium + 0.85% p.a.; alternatively fixed 9.00% p.a. The page does not map the fixed option to a facility type.”.
Source
Bank of Baroda Gold Loan for Consumption Purposes — official product page
Page / section
Published product metadata
Accessed
28 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • , and demand-loan options.
  • No prepayment or foreclosure charge is published on this scheme page.
  • Up to two renewals are permitted.

Eligibility

  • Individual must be the true owner of pledged gold and have a Bank of Baroda savings account opened before lending.
  • Age 18–75; borrowers must complete repayment before age 70.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Photograph, and documentary proof of repayment capacity.

Related official documents

Gold Loan for Consumption Purposes — current official product pageofficial-product-page · Current page fully reviewed; threshold equality wording is retained as published. · accessed 28 Sept 2026
↗
Bank of Baroda Download Forms — Popular, Personal and Business indexesofficial-forms-catalogue-page · Indexes reviewed; no gold-specific form located. · accessed 28 Sept 2026
↗
Gold collateral loan product artwork routesofficial-product-image · not_found_after_review — no exact product artwork available in reviewed routes · accessed 28 Sept 2026
↗
Lending Against Gold Collateral — current official catalogueofficial-product-catalogue-page · Reviewed; child pages are separate product identities. · accessed 28 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹22,493twenty-two thousand four hundred ninety-three rupees
Interest paid over the full loan₹28,98,356twenty-eight lakh ninety-eight thousand three hundred fifty-six rupees
Everything you repay₹53,98,356fifty-three lakh ninety-eight thousand three hundred fifty-six rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Purpose · Published detailConsumption purposes.

This value is copied from Gold Loan for Consumption Purposes — complete published Features table. Check the table notes before relying on it.

Source: Gold Loan for Consumption Purposes — Bank of Baroda · Complete Features table, rows 1–20 Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 20 rows · 2 columnsGold Loan for Consumption Purposes — complete published Features tableAll 20 rows from the current official product page, preserving rate and threshold qualifiers.View tableHide table

Scroll sideways to view every column

Gold Loan for Consumption Purposes — complete published Features table
FeaturePublished detail
PurposeConsumption purposes.
AvailabilityAll authorised Jewel Loan branches and Jewel Shoppes Pan India.
FacilityOverdraft, and demand loan.
ApplicantIndividual true owner of pledged gold with a Bank of Baroda savings account opened before lending.
Age18–75 years; repayment before age 70.
AmountNo minimum stipulated; maximum ₹75,00,000 per borrower, combined gold-and-silver cap.
CollateralAt least 18-carat jewellery/ornaments; Bank-sold coins up to 50 grams per borrower.
AssessmentBelow ₹2,25,000 lower of advance value and requested need; higher printed tier uses the lowest of repayment capacity, Treasury daily advance value and need/request.
RepaymentBullet or .
TenureBullet up to 12 months; up to 36 months.
<₹2,25,000: 75%; >₹2,25,000 and <₹5,00,000: 70%; >₹5,00,000: 65%; equality is not specified.
RateDemand/ + + 0.75%; + + 0.85%; fixed 9.00% p.a.; fixed facility mapping is not stated.
ProcessingNil up to ₹3,00,000; above: 0.50% of sanctioned limit, maximum ₹3,500 plus .
AssayUp to ₹50,000 ₹100/account; above ₹50,000 to ₹3,50,000 ₹450; above ₹3,50,000 ₹600, excluding .
PrepaymentNil.
Penal charge2% p.a. on overdue amount.
AuctionActual charges.
Safe keeping₹1,000 plus per month after closure/full repayment/settlement if packet remains with Bank.
RenewalMaximum two renewals.
DocumentsPhotograph, and proof of repayment capacity.
  • The page uses non-inclusive threshold symbols for some amount bands and does not state equality treatment. Generic e₹ material on the page is excluded as unrelated.
Gold Loan for Consumption Purposes — Bank of Baroda · Complete Features table, rows 1–20 · accessed 28 Sept 2026Open official source ↗

More from Bank of Baroda

Related products

Baroda Advance Against Securities (Kisan Vikas Patra / e KVP)

A demand loan, term loan or overdraft against eligible Kisan Vikas Patra (/e-). The bank states there is no maximum loan ceiling, while its says lending may be up to 80–85% of the certificate face value. Apply at a branch.

View product

Baroda Advance Against Securities( Life Insurance Policies)

A term/demand loan or overdraft against an eligible assigned life-insurance policy. Minimums are ₹3,000 for term/demand and ₹20,000 for overdraft; the bank states no maximum ceiling and an advance of up to 80%–85% of surrender value.

View product

Baroda Advance Against Securities (National Savings Certificate)

A Bank of Baroda term loan, demand loan or overdraft secured by National Savings Certificates. Public borrowers have no stated maximum ceiling; minimums are ₹3,000 for term/demand and ₹20,000 for overdraft. A lien must be recorded with the issuing post office before disbursement.

View product

Baroda Advance against the securities (Relief Bonds /Government Bonds)

Bank of Baroda offers demand loans, term loans and overdrafts secured by eligible Relief or Government bonds. Published minimums are ₹3,000 for demand/term loans and ₹20,000 for overdrafts; the bank states no maximum ceiling. Its says government savings-bond advances may reach 80%–85% of face value.

View product