Top Reasons to Avail of a Gold Loan from Bajaj Finance

Top Reasons to Avail of a Gold Loan from Bajaj Finance

Learn about the features of a gold loan and why you should avail of one from Bajaj Finance.

To find the nearest gold loan branch,

Enter phone and OTP | Check amount you can get | Apply for quick funds

Why choose a gold loan?

 
 

A gold loan gives you quick access to funds against your gold, with minimal hassle and better terms than most unsecured loans.

  • Loan amounts up to Rs. 2 crore: Borrow anywhere from Rs. 5,000 up to Rs. 2 crore against your gold jewellery, ornaments, or coins
  • Interest rates starting at 9.50% p.a.: Since it's a secured loan, you get low interest rates
  • Free insurance on your gold: Your pledged gold stays insured against fire at branch, theft, burglary or misplacement, at no extra cost while it is with us
  • Multiple repayment options: Choose to pay the interest monthly, bi-monthly, quarterly, half-yearly, or annually, based on what suits you
  • No foreclosure charges: Part-release and foreclosure are available at no additional cost, so you can close your loan early without extra fees
  • Minimal paperwork: Enjoy minimal documentation and a transparent, fair valuation of your gold
  • Wide branch network: Apply online or visit any of our 1900+ branches for a smooth process


Unique features of Bajaj Finance Gold Loan

From quick disbursal to convenient repayment, here is what makes a Bajaj Finance Gold Loan a smart choice for your financial needs.


  • Quick funds
    You can secure a loan ranging from Rs. 5,000 up to Rs. 2 crore against your gold jewellery, ornaments, or coins. Bajaj Finance uses advanced karat meters for precise, transparent gold evaluation, as per RBI guidelines.
  • 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 and need some of it back for an occasion or other reasons, we offer a part-release facility — simply deposit the equivalent value of the gold you wish to release. You can also apply for a top-up on your gold loan if you need more funds, subject to a fresh valuation and applicable LTV limits.
  • Low interest rates
    Unlike unsecured loans with high interest rates, gold loans typically have lower rates because they are backed by actual gold. Bajaj Finance offer rates starting at just 9.50% per annum.
  • High LTV 
    Gold loans are secured against pure gold. As per RBI's tiered LTV structure, you can get up to 85% of your gold's value for loans up to Rs. 2.5 lakh, up to 80% for loans between more than Rs. 2.5 lakh and Rs. 5 lakh, and up to 75% for loans from more than Rs. 5 lakh up to Rs. 2 crore.
  • Eligibility criteria
    Any Indian citizen between the ages of 21 to 80 years, with the necessary KYC documents and gold to pledge, can easily apply online and avail the loan. 

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

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Gold loan interest rate and charges

When you go for a gold loan, the interest rate is the main part that affects how much you repay, and it stays competitive to keep borrowing affordable. We offer interest rate ranging from 9.50% to 24.25% p.a. There is a small processing fee on the loan amount, along with a few other minimal charges, all of which is mentioned upfront on our gold loan interest rate page. The best part is that there are no foreclosure charges, so you can repay your loan early without paying anything extra. Everything is clear and upfront, making it easy to plan your repayments.

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Calculate your gold loan

Eligibility criteria for gold loan

Applying for a gold loan with Bajaj Finance is simple because of its easy to meet eligibility criteria. You just need to be an Indian citizen between 21 and 80 years of age and have 18-22 karat gold jewellery or ornaments to pledge. You can also pledge gold coins up to 24 karat purity. As long as you have gold to pledge, you can quickly qualify and get access to funds without stress.


It takes just 2 steps to check your eligibility for a Bajaj Finance Gold Loan. Enter your mobile number now.

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Gold loan application process

Applying for a Bajaj Finance Gold Loan is quick and convenient. Just visit the nearest branch with your gold and valid KYC documents. The team will check the purity and weight of your gold, calculate your eligible loan amount, and process it on the spot. Most of the time, the loan amount is disbursed to your account on the same day, so you can walk out with funds ready when you need them. For added convenience, you can also apply online, via the Bajaj Finance App or website. To apply online, 


  1. Click on “Apply” to start your online application
  2. Enter your 10-digit mobile number and click on “Get OTP”
  3. Submit the OTP to verify your identity
  4. Fill in your personal details and choose the nearest gold loan branch
  5. Download the in-principle loan eligibility letter

Once done, you will receive a call from our representative and guide you on the next steps.


Apply in minutes. Money in account instantly with a Bajaj Finance Gold Loan*

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Frequently asked questions

Loan Value

What is the maximum loan amount one can avail through Bajaj Finance Gold Loan facility?

With a Bajaj Finance Gold Loan, you can get loans starting from Rs. 5,000 up to Rs. 2 crore. This extensive range allows you to select the loan amount that aligns perfectly with your financial requirements and goals.

To apply for a gold loan with Bajaj Finance, you will need one of the following documents:


  • Aadhaar card
  • Voter ID card
  • Passport
  • Driving licence
  • NREGA job card
  • Letter issued by National Population Registration
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Disclaimer

Bajaj Finance Limited (BFL) has the sole and absolute discretion, without assigning any reason to accept or reject any application as per BFL policy. *