Top Reasons to Avail of a Gold Loan from Bajaj Finance

Why a gold loan is the easy way to get funds

If you ever find yourself in need of quick cash, a gold loan can be a smart way to go. All you need to do is pledge your gold jewellery as collateral, and you can get funds at lower interest rates compared to unsecured loans. The best part? You get flexible repayment options, so you can pick a plan that actually works for you.

With Bajaj Finance, you can borrow up to Rs. 2 crore against your gold jewellery. Because the loan is backed by your gold, the approval is much faster, and the paperwork is minimal. That means less waiting and more peace of mind when you need money in a hurry.

Unique features of Bajaj Finserv Gold Loan

Quick funds

You can secure a loan ranging from Rs. 5,000 up to Rs. 2 crore for all your needs, thanks to the security of your gold. Bajaj Finance uses advanced karat meters for precise gold evaluation, ensuring you get the best value.

Easy repayment

With Bajaj Finance, you can choose to pay your gold loan interest monthly, bi-monthly, quarterly, half-yearly or annually. Alternatively, start with interest payments and clear the principal later for convenient cash flow management.
 

Part-release facility

If you have pledged your gold jewellery and need some of them back for an occasion or other reasons, we offer you a part-release facility. This way, you have the choice of getting back your pledged gold when you need it. Additionally, you can also get a top-up on your gold loan if you need more funds.
 

Low interest rates

Unlike unsecured loans with high-interest rates, gold loans typically have lower rates because they are backed by actual gold jewellery. Reputable lenders like Bajaj Finance offer rates starting at just 9.50% per annum.

No credit score check

Gold loans don't demand a strong credit history or high CIBIL Score as the loan is secured against pure gold jewellery. With us, you can get up to 75% of your gold's value, depending on the market price.

Gold loan tax benefits

By using gold loan funds for purposes such as home improvement, or residential property construction, you become eligible for gold loan tax benefits under section 80C.
 

Eligibility criteria

Any Indian citizen, between the ages of 21 to 70 years with the necessary KYC documents can easily apply online and avail the loan. The only document that you need to avail of the loan service is your KYC documents.

Wondering how much you can borrow on your gold? Just check your gold loan eligibility—it takes seconds and minimal paperwork!