Check your Bank of India gold loan eligibility. Rate: 7.75 - 9.75% p.a. Max amount: ₹50 L.
Bank of India offers gold loan at an interest rate of 7.75 - 9.75% p.a. with a maximum tenure of 3 years. The maximum loan amount is ₹50 L with a minimum monthly income requirement of ₹15,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹1 Lakh | ₹8,687 | ₹4,244 | ₹14,012/mo |
| ₹2 Lakh | ₹17,375 | ₹8,500 | ₹28,025/mo |
| ₹3 Lakh | ₹26,062 | ₹12,744 | ₹42,036/mo |
| ₹5 Lakh | ₹43,436 | ₹21,232 | ₹70,059/mo |
| ₹7 Lakh | ₹60,811 | ₹29,732 | ₹98,083/mo |
| ₹10 Lakh | ₹86,873 | ₹42,476 | ₹1,40,118/mo |
Bank of India Gold Loan interest rate ranges from 7.75 - 9.75% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Bank of India offers a maximum gold loan of ₹50 L with a tenure of up to 3 years.
The processing fee for Bank of India Gold Loan is 0.50% + GST.
Bank of India Gold Loan prepayment policy: Nil.
The minimum monthly income required is ₹15,000. Use the calculator above to check your exact eligibility based on your income.