Bank announces Financial Results for quarter ended, 30th June 2023.
NOTIFICATION DATED 27.06.2023 FOR SALE / ASSIGNMENT OF FINANCIAL ASSET (NPA) to ARCs (E-AUCTION ON 14.07.2023)
As per revised RBI directives all our Locker-holders are requested to visit Bank of Baroda, Base Branch.
With Bank Of Baroda personal loan, you get lowest interest rates, instant approval with minimal documentation. Checkout Bank of Baroda personal loan interest rates & eligibility. Apply now!
Apply for Bank of Baroda Home Loan online at the lowest interest rates. Checkout our home loan eligibility, interest rates, documentation. Get instant home loan approval. Apply now!
Car Loan: Apply for auto loan online by Bank of Baroda at an attractive interest rates & easy EMI option. Upto 90% financing on on-road price. Buy your dream car today!
Why should finance come in the way of future? Getting an education loan is an easy way to finance your dreams. A student loan can help you get into the university of your choice. Bank of Baroda is here to finance your dreams, education & career goals.
The easiest way to save for you, for your loved ones, and for your future. A savings account gives you the liberty to choose according to your needs and additionally give you benefits for all your transactions. With a gamut of savings account features on the table, Bank of Baroda is here to make your banking simple and easy!
Open Current Account online at Bank of Baroda to meet all your banking needs. Go to our website to learn more about the different types of current accounts we offer and apply now!
Bank of Baroda deposit plans offer convenient solutions to both working individuals as well as senior citizens. These deposits are categorised into deposits with a term period of less than 12 months, more than 12 months and recurring deposits.
An account for all. B3 Silver Account comes with maximum savings and zero Quarterly Average Balance (QAB). Also, make the most of coins and annual offers from Loyalty Rewardz to fulfill yearlong subscriptions and shopping.
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Bank of Baroda focuses on its employees, offering a career rather than just a job. Various initiatives are in place to groom employees throughout their life cycle. A comprehensive talent management system to groom future leaders of the bank.
Bank of Baroda offers various types of personal banking cards such as Credit, Debit, Prepaid, Business & Travel Cards. Choose the one best suited card for your needs.
This gold loan calculator gives you an instant answer before you apply for a gold loan. Simply add the number of gold ornaments you are willing to pledge, select the carats of gold, and add its weight. The gold loan calculator will quickly display the gold loan amount.
Get an instant answer about the gold loan amount with Bank of Baroda gold loan calculator below.
Select Number of Ornaments:
LTV -75 %
Eligible Loan Amount
The above rates are calculated after deducting margin
Frequently Asked Questions (FAQs)
Gold is one of the most liquid assets you can own. For example, when you are in urgent need of funds, you can pledge your gold as collateral and get a gold loan. You can repay the loan with interest due over a pre-determined tenure in equated monthly instalments or EMI (a fixed sum of money every month).
You can use a Gold Loan EMI Calculator to calculate gold loan EMI, which you would have to pay each month.
You can calculate the EMI due on your Gold Loan manually by applying a formula. The formula is as follows:
EMI Amount = [P x R x (1+R)^N]/[(1+R)^N-1], wherein P in principle, R is the rate of interest, and N is the number of instalments.
However, conducting manual calculations can be tedious and leave room for errors. Instead, you can opt for the Bank of Baroda gold loan interest rate calculator, available online for free. It will give you accurate results within a matter of seconds!
Gold Loan Calculator is a tool provided by banks and financial institutions. It is a computer-based calculator, that will do the complex calculations related to your Gold Loan for you.
Just enter in certain details, and you will get accurate results on the EMI you will have to pay on your Gold Loan each month. The calculator is available online.
A Gold Loan EMI Calculator is embedded with the mathematical formula for calculating the EMI on Gold Loans.
It will give you an accurate EMI projection within seconds.
Using a Gold Loan Calculator is very simple. You just have to fill in the pertinent details concerning your Gold Loan, and you will see either the loan amount on offer or monthly EMI within seconds.
Bank of Baroda also offers a Gold Loan Calculator for your convenience. The rate of interest and product LTV (Loan-to-Value ratio) are already provided. You simply have to input details like the number of ornaments you will be pledging, their quality in terms of carat, and their weight in grams.
You will be shown the loan amount offered to you almost instantly!
Certain banks allow partial pre-payment of Gold Loan while others do not. It is best to check with the bank in question. If your bank does allow it, your payment can go towards repaying either the principal or interest amount due. A partial pre-payment can help reduce the interest due on your Gold Loan for the rest of your tenure. However, make sure to check the fees for the same with the bank in question.
In certain urgent situations, there is immediate requirement of cash is required. A Gold Loan is an excellent way to seek assistance in such situations. The process for applying for a Gold Loan requires very little documentation since you are already providing collateral. Plus, lenders tend to pay relatively less attention to credit history, employment, income, etc. Thus, it is a viable option during an emergency or when you do not meet certain eligibility criteria.
The banks have their own policies in place on the repayment of Gold Loans. At the Bank of Baroda, you have to pay interest every month. The principal amount will be repaid via bullet payment at any time during the tenure. To support business, OD/CC option is also available.
At Bank of Baroda, you can easily get a Gold Loan within a short time without restrictions on how you use the funds. Bank of Baroda offers high loan amounts to Indian residents who own gold jewellery and coins. With flexible tenures and easy repayment options, the Bank of Baroda Gold Loan can be of immense help when you need it!
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