Yes, you can get a loan against gold jewellery at an attractive interest rate. Bajaj Finserv gold loan interest rates start from 9.50% p.a. onwards. To get a loan against gold, click on the ‘APPLY’ option on the top of this page. You could also walk into the nearest Bajaj Finserv Gold Loan branch in your city.

Here's how you can apply for a gold loan online

Fluctuations in gold prices directly influence your gold loan value. As the gold price changes, so does the collateral's worth, affecting the loan amount. It's essential to monitor the gold rate in India to understand these variations and make informed decisions about your gold loan, ensuring financial stability.

Failure to repay the gold loan may result in auctioning of the pledged gold jewellery. It can also impact your credit history and lead to legal consequences. Therefore, exploring the repayment options is essential to avoid these situations.

We offer multiple repayment options where you may choose to pay interest on a monthly, bi-monthly, quarterly, half-yearly, or annual basis as per your convenience. Please note that the principal amount and pending interest for your loan against gold, if any, will be due for payment at the time of loan maturity.

To foreclose your loan against gold, follow these simple steps:

1. Visit your nearest gold loan branch.

2. Pay the outstanding amount.

3. Submit the Gold Deposit Receipt (GDR).

By completing these steps, your loan will be successfully closed. For added convenience, you can make part payments of your gold loan online or visit the gold loan branch.

The minimum limit that bajaj finance offers for a gold loan is Rs. 5,000.

With Bajaj Finance, you can get a gold loan maximum limit of Rs. 2 crore.

To determine your eligibility for a gold loan in India, assess the value of the gold you plan to pledge. Lenders calculate eligibility based on the weight and purity of your gold and the loan-to-value (LTV) ratio, which can go up to 75% of the gold’s market value. Using a gold loan calculator provided by lenders helps estimate eligibility, factoring in the current gold rate and the characteristics of your gold.

To secure a loan against gold jewellery, select a trusted lender offering competitive terms. The process, known as gold pledge, involves bringing your gold items to the lender, where they are evaluated for purity and weight. After determining the gold’s market value, the lender offers a loan amount based on the gold loan per gram rate and LTV. Once agreed upon, submit basic documents, sign the agreement, and the lender holds your gold as collateral until the loan is repaid.

To secure a gold loan in India with favourable gold loan interest rates, focus on factors such as the gold loan per gram rate, repayment flexibility, and processing fees. Using a gold loan calculator to determine potential repayment schedule to meet financial needs without excessive costs.

The loan amount for a gold and loan is calculated by evaluating the weight and purity of your pledged gold, often between 18-22 karat. We apply a gold loan per gram rate to establish the gold’s market value, then provide up to 75% of this value as the loan amount, as per the guidelines set by RBI.