Bank of Maharashtra Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Bank of Maharashtra Gold Loan Gold Loan Key Features

Bank of Maharashtra Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Bank of Maharashtra Gold Loan Interest Rate 7.0% per annum
Bank of Maharashtra Gold Loan Per Gram Rate Per Gram Today is ₹ 5,268
Bank of Maharashtra Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Bank of Maharashtra Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Bank of Maharashtra Gold Loan Repayment Tenure 3 Months to 24 Months
Bank of Maharashtra Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of Bank Of Maharashtra Gold Loan:

  • Brief Process- The Bank of Maharashtra does not take much time in finishing all the procedure. It takes maximum 1 hour to pass the loan of an applicant.
  • Minimal Documentation- Documents are compulsory if you are applying for gold loan but Bank of Maharashtra is specific with the few important documents that are required during the process.
  • Direct System- Bank of Maharashtra provides clarity with charging system, that is; no hidden charges are indulged.
  • Amount of Loan- Bank of Maharashtra offers loan up to Rs. 15000 to the client. Along with it minimizes the amount to 10000 in rural space.
  • Good of Gold- Bank of Maharashtra takes the  authority if the gold decorations. It grants total safety and security of your gold by providing flame-defiant.
  • Loan Tenure- The Bank of Maharashtra avail loan for 3 months to 2years. Rest depende on the clients choice and comfort.
  • Benefits for Farmers- Agricultural department or correlated activities are granted with exclusive offers. The bank provides them gold loan at low banking rate.
  • Income is not an Issue- Bank of Maharashtra is less concerned about the salary of the candidates. Everyone is allowed to avail for the gold loan.
  • Burden Free from Obligations- Bank of Maharashtra will not put debt charges on the clients if they are not able to reimburse the loan amount. It will enfold your gold with them.

How Much Gold Loan can I Get through Bank of Maharashtra Gold Loan:

Bank of Maharashtra Gold Loan Per Gram – Updated September 2020

Updated - Gold Loan Per Gram Rate

Gold Weight

Gold Purity

Gold Purity

Gold Purity

Gold Purity

24 Carat

22 Carat

20 Carat

18 Carat

1 gram

4680 4290 3900 3510

10 gram

46800 42900 39000 35100

20 gram

93600 85800 78000 70200

30 gram

140400 128700 117000 105300

40 gram

187200 171600 156000 140400

50 gram

234000 214500 195000 175500

100 gram

468000 429000 390000 351000

200 gram

936000 858000 780000 702000

300 gram

1404000 1287000 1170000 1053000

400 gram

1872000 1716000 1560000 1404000

500 gram

2340000 2145000 1950000 1755000


About Bank of Maharashtra Gold Loan?

Gold loan is offered to the customers for fulfilling their short term or long term requirements. Bank of  Maharashtra provides gold loan to the candidates who are in the middle of financial problem and they have no way to please their monetary requirements. It is considered to be the biggest platform as gold loan provider. Apart from various other financial banking or non-banking institutions, Bank of Maharashtra Gold Loan is named as the most demanding platform. It is a public sector bank and is established in 1935.

  • Bank of Maharashtra Gold Loan Interest Rate is 7.0% per annum
  • Bank of Maharashtra Gold Loan Per Gram is ₹ 5,268
  • Bank of Maharashtra Gold Loan Tenure: Up to 24 months
  • Bank of Maharashtra Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Bank of Maharashtra Gold Loan Eligibility:


18-70 years of age



Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats


Bank of Maharashtra Gold Loan Documents Required:


2 Passport Size

Identity Proof

Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)

Residence Proof

Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)


Bank of Maharashtra Gold Loan Interest Rate, Fees and Charges:

Bank of Maharashtra is available for the best gold loan facility. It is accorded with an appealing bank rate to the customers. Additionally, it gives the gold loan at slightly low interest rate especially for horticultural purposes.

HDFC Gold Loan Interest Rate

7.00% per annum

Processing Fee

1.50% of the Principal Loan Amount

Prepayment/Foreclosure Charges

2%+GST (Within 3 Months), 0 (After 3 months)

Valuation Fee

Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs

Late Repayment Charges

2% p.a. + Applicable rate of interest.

Renewal Processing Fees

Rs 350 + GST


Types of Bank of Maharashtra Gold Loan:

Bank of Maharashtra hit on several patterns related to Gold Loan which are indexed below-

  • Loan Against Gold – Bank of Maharashtra proposes such an attractive interest rates for the achieving consumers interests. Obvious, Gold Loan is trustable loan service, thus, the bank is inevitable to lend amount to the clients at low interest rates.
  • Loan Against Gold for Agriculture- Bank of Maharashtra grants Gold Loans indicatively for achieving the horticultural targets to workers at a certain rate of interest set side by side to gold loans given for fulfilling other demands. They are accustomed with special offers and you need to give  evidence of lending loan for the land.

Apply for the Bank of Maharashtra Gold Loan:

Dialabank will help the customers with the application details. It brings fast and accessible procedure. You can begin the process with elementary step of filling up the form online.

Aftermath, the form will be submitted and you will receive a call from our specialist relationship Director. For more details, you can give a call on 9878981144.

There are certain significant generalizations about Dialabank Gold Loan service-

  • Dialabank is always on the top list in providing business service, and each and every individual all over the nation pick assistance from the bank.
  • Dailabank has proved as the best service provider that fulfills the clients demands.
  • Dialabank offers home service for picking up the applicants documents.
  • Dialabank provides low interest rate to the customers who apply for gold loan at dialabank.
  • Desk work in Dialabank is the least.
  • Consumers gets free mentoring of appealing gold loan only from dialabanks online sevice.
  • It has a team of highly qualified supervisors who look through the clients understanding and approach for gold loan and guide them further.

Bank of Maharashtra Gold Loan EMI Calculator:

Rate of Interest
6 months
1 Yr
2 Yrs
3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466


How to Pay Your Bank of Maharashtra Gold Loan EMI?

  • Standing Instruction (SI): On condition that you are a current account buyer with Bank of Maharashtra, Standing Instruction is the highly principled process of reimbursement. Periodically, your EMI account will be deemed from this record.
  • Electronic Clearing Service (ECS): This event can be taken in account if you have a non- Bank of Maharashtra record and you apparently need your EMI to be debited from the account of Bank of Maharashtra.
  • Post-Dated Checks (PDC): You are asked to give away your post-dated EMIs in the nearest loan of Bank of Maharashtra. Also, new report of PCDs should be given on time.

Bank of Maharashtra Bank Gold Loan Contact Number:

For further knowledge or in any doubt you can contact- 9878981144

Gold Ornaments Accepted by Bank of Maharashtra:

  • Decors of gold are admissible to the bank. These can be any golden thing like Gold Bracelet, Gold nose pin, Gold earrings, etc.
  • The quality of gold should be pure otherwise the bank unwelcome your offerings. The quality should wave  between 18 carat to 22 carat.

Uses of Bank of Maharashtra Gold Loan:

The capital acquired by the bank for availing gold loan to the candidates can used for so many purposes-

  • It can use for growing your business world; you can buy various business products.
  • You can use it for your own cost of living.
  • You can put them for agrarian purposes to be achieved.

FAQs About Bank of Maharashtra Gold Loan:

  • What is Bank of Maharashtra Gold Loan?

Bank of Maharashtra offers gold loan service to the needy ones. It takes their gold ornamentation and help the, with lending some amount if loan so that the individuals can fulfill their requirements.

  • How can I get the Gold Loan from Bank of Maharashtra?

Any loan aspirant can get a gold loan from Bank of Maharashtra. You are required to fill an application form at Dialabank or you can take yourself to the nearest Bank of Maharashtra branch.

  • What is Gold Loan Interest Rate in Bank of Maharashtra?

Bank of Maharashtra provides gold loan at an interest of 7.0%.

  • How much Gold Loan can I get per gram in Bank of Maharashtra?

Bank of Maharashtra gives gold loan at Rs, 5,268 Per Gram.

  • How to check Gold Loan status in Bank of Maharashtra?

An enthralling way of getting gold loan is by searching tracker webpage or by leading your path to the nearby branch of Bank of Maharashtra.

  • How to Pay  Bank of Maharashtra Gold Loan Interest Online?

Gold Loan interest can be paid online conveniently. You can go for Paytm or for net banking. Also, you are free to choose your own payment method.

  • How to calculate Gold Loan Interest in Bank of Maharashtra?

Calculating gold loan interest in Bank of Maharashtra is simple and quick. You just have to use Dailabank’s EMI Calculator.

  • What if I can’t pay the interest on Bank of Maharashtra Gold loan for 3 months?

It is a matter of worry for those candidates who haven’t paid the interest for 3 months, and leaving the request of payment unheard. the bank will take the legal actions against them and catch hold of their gold ornaments.

  • How can I apply for EMI Moratorium on Bank of  Maharashtra Gold Loan?

The EMI Moratorium is important to apply, for this you can visit the loan adviser in your nearby branch of Bank of Maharashtra or you can contact them from your home.