Why choose us?
Experience the ease of applying for our Gold Loan through our hassle-free online process or by visiting any of our 800+ branches nationwide. Avail of a high loan amount with interest rates starting at just 9.50% p.a. Use our Gold Loan Calculator to plan repayment, and easily avail a gold loan balance transfer for existing gold loans.
Gold Loan Features and Benefits
Features and benefits of our gold loan
Watch this video to know more about the key features and benefits of our gold loan.
With our part release facility, you can repay a part of your loan and take part of your gold jewellery back before the end of your loan tenure.
No part-prepayment or foreclosure fee*
Repay a part of your loan in advance or pay the entire amount at no extra cost.
We use best-in-class karat meters across all our branches to make sure you get the most value for your gold.
Free insurance of gold
Our free insurance covers against theft or misplacement of your gold jewellery while it is in our custody.
Convenient repayment options
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, if any, will be due for payment at the time of loan maturity.
Easy application process
Apply for a gold loan online. Our representative will help you with your application when you visit our Gold Loan branch in your city.
Gold loan of up to Rs. 2 crore
We offer instant gold loans starting from Rs. 5,000 up to Rs. 2 crore. You can choose the amount that suits you best from the offer extended to you.
800 branches and growing
We have recently opened 60 new branches and are adding more across India. We are also opening new branches in the cities that we operate in.
Still haven’t found what you are looking for? Click on any of the links at the top of this page.
Eligibility Criteria and Documents Required for Gold Loan
Anyone can apply for a gold loan for farming, as long as they meet the basic criteria mentioned here. They will be asked to submit a few basic documents to complete their application process.
- Nationality: Indian
- Age: 21 to 70 years
- Gold purity: 18-22 karat
Any one of the following:
- Aadhaar card
- Voter ID card
- Driving licence
- NREGA job card
- Letter issued by National Population Registration
PAN card is not required. However, if you apply for a gold loan of Rs. 5 lakh or above you will be asked to submit your PAN card.
Did you know?
A longer gold loan tenure can lower your rate of interest.
Did you know?
You can get a gold loan with just one KYC document.
Did you know?
There are very few restrictions on how you use your Bajaj Finance Gold Loan.
Did you know?
Bajaj Finance has more than 800 gold loan branches across India.
How to apply for Gold Loan
Interest rate and applicable charges
|Types of fee
9.50% to 28% per annum
0.12% of the loan amount (inclusive of applicable taxes).
Stamp duty (as per respective state)
Payable as per state laws and deducted upfront from loan amount
Cash handling charges
Rs. 50/- (inclusive of applicable taxes). Applicable for cash disbursement only.
3% per annum on outstanding balance
Penal Interest margin/ rate will be over and above the interest rate slab mentioned above which shall be applicable/ chargeable in case of default in repayment of the outstanding dues post maturity.
Minimum 7 days interest
Scenario – Foreclosure charges are “0”, but in case the customer closes the loan within 7 days of booking, minimum 7 days interest is charged.
Charge for physical notice – Rs. 40/- (inclusive of applicable taxes) per notice
The interest rates applicable on gold loans are dynamic and frequently change due to external factors.
Still have not found what you are looking for? Click on any of the links at the top of this page.
Frequently asked questions
Getting a loan against your gold jewellery is one of the easiest ways to meet any unplanned expense. To get a gold loan from Bajaj Finance, you can apply online, and we will call you and guide you on the next steps or you could simply visit the nearest gold loan branch in your city. To apply for an online gold loan, you need to follow the below mentioned steps:
- Click on ‘APPLY’ to open our online application form
- Enter your 10-digit mobile number and click on ‘GET OTP’
- Submit the OTP to verify your identity
- Select your state and city to find the branch nearest to you
- Enter your full name and date of birth as per your PAN
- Set up your appointment at our branch
Once done, you will receive a call from our representative to confirm your appointment and guide you on the next steps.
From salaried and self-employed individuals to traders, farmers, and business persons, anyone can apply for a gold loan from Bajaj Finance.
You must be between 21 and 70 years of age and have gold jewellery of 18-22 - 22.
You should apply for a gold loan when you need money for your planned or unplanned expenses. A gold loan is a form of a secured loan. It may be a good option if you already have an ongoing loan. You can apply for one by pledging the gold jewellery you may have at your home.
Walk into the nearest Bajaj Finserv Gold Loan Branch in your city. You can also start by completing the simple application form on the Bajaj Finserv website.
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.
A gold loan is a kind of secured loan that you can get from lenders like banks or Non-Banking Financial Companies (NBFC). You can pledge your gold jewellery as collateral and get a loan against the gold by following our hassle-free process.
The loan amount is decided after checking the weight and purity of your gold jewellery. The loan amount provided by the lender is up to 75% of the value of your gold jewellery. The value is based on the current market value of gold.
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 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:
- Visit your nearest gold loan branch.
- Pay the outstanding amount.
- Submit the Gold Delivery 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.