Hii Buddy , I want to know What is the Interest Rate for Star Mahila Gold Loan of Bank of India , Will you please Give me Details same for my help ?

For Purchase of Gold Ornaments, Preferably Hallmarked, from Reputed Jewellers and/or Gold Coins of Bank of India .

Target Group

Resident Indian Women

Working Women :

Women permanently employed in Central/State Govt./PSUs/ Scheduled Banks/Teachers of Govt. Aided Institutions; and include professionals like Doctors/ C.As/Chartered Engineers etc.,

Non Working Women :

Not having income proof. Spouse/other close relative who satisfy income criteria to join as co-borrower.

Age

18- 60 years

Rating Exercise

Candidates should get minimum 20 marks, under banks rating exercise, to be eligible for loan under the scheme.

Demand/ Term Loan Advance

Quantum of Advance Working / Non-working Women :

10 times of monthly net emoluments (take home salary of self / spouse, in case of non working women)

Professional : 50% of Gross Annual Income as per latest Income Tax Return Minimum Rs. 50000/- Maximum Rs.2 lacs.

Margin :

20% of the cost of Jewellery/Gold

Interest Rate

(Floating, p.a. at monthly rests)
3.00% over Base Rate

Documents Required :

Application Form for Gold Loans
Two copies of photograph of the borrower(s)
Proof of Identity
Proof of Address

Here I ma Uploading Pdf file For Latest Gold Loan Interest Rates of Bank Of India You Can Download free of cost :

Bank Of India Latest Gold Loan Interest Rates