Putul Rani, from South 24 Parganas district of West Bengal, was arrested by the Border Guard Bangladesh (BGB) near the border town of Benapole, bdnews24.Com reported today.
The border guards, after receiving a tip-off, caught her at Ghiba border area, said Lt Col Motiur Rahman, commander of Jessore 26 BGB Battalion.
The five gold bars found in her possession will be handed over to customs, he said.
She is now in the custody of Benapole Port Police Station.
Gold smuggling via Bangladesh has reached an alarming level mainly due a rise in import duty on gold in India.
According to the report, around 520 kgs of gold was seized last year, whereas the amount was only 25 kg in 2012.