Eligibility criteria and documents required for gold loan
Anyone can apply for our gold loan, as long as they meet the basic gold loan eligibility criteria mentioned here. They will be asked to submit a few basic documents to complete their application process.
How to apply for a gold loan
Applying for a gold loan with Bajaj Finance is quick and hassle-free. You can visit the nearest Bajaj Finserv Gold Loan branch or apply online through the Bajaj Finserv App or official website from the comfort of your home. To apply online, just follow these easy steps:
Click on “Apply” to initiate online application.
Enter your 10-digit mobile number and click on “Get OTP.”
Submit the OTP to verify your identity.
Fill in your personal details and select the nearest gold loan branch.
Download In-principal loan eligibility letter.
Once done, you will receive a call from our representative and guide you on the next steps.
Eligibility criteria for gold loan
- Nationality: Indian
- Age: 21 to 80 years
- Gold purity: 18-22 karat
Documents required for gold loan
Any one of the following:
- Aadhaar card
- Voter ID card
- Passport
- 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.
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Did you know?
A longer gold loan tenure can lower your rate of interest.
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Did you know?
You can get a gold loan with just one KYC document.
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Did you know?
There are very few restrictions on how you use your Bajaj Finance Gold Loan.
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Did you know?
Bajaj Finance has more than 800 gold loan branches across India.
Gold loan rate of interest (July 2025)
| Types of fee | Applicable charges |
| Interest rate | 9.50% to 24% per annum |
| Processing fees | 0.15% of the loan amount (inclusive of applicable taxes). Subject to a minimum Rs. 99 (inclusive of applicable taxes) and maximum of Rs. 600 (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. 0 (inclusive of applicable taxes). Applicable for cash disbursement only. |
| Penal charge | 3% per annum on Outstanding Balance. Penal Charge will be over and above the interest rate which shall be applicable/chargeable in case of default in repayment of the Outstanding Dues post-maturity. |
| Convenience fee | Convenience fee of Rs. 149 (inclusive of applicable taxes) shall be levied for part release of ornament(s) pledged. |
| Part-prepayment charges | NIL |
| Foreclosure charges | Nil, any time post disbursement of loan |
The gold loan interest rate applicable on gold loans are dynamic and frequently change due to external factors.
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FAQs
You can apply for a Bajaj Finserv Gold Loan by visiting the nearest branch or through the official website or Bajaj Finserv App. Submit basic details and required documents and get quick approval after your gold is evaluated for purity and weight.
No, a CIBIL score is not mandatory for gold loan approval at Bajaj Finance. Since the loan is secured against gold jewellery, the focus is on the value and purity of the gold, making it accessible even without a strong credit history.
With Bajaj Finance, you can get a gold loan starting from Rs. 5,000 to Rs. 2 crore, depending on the purity and weight of your gold jewellery. The loan amount is calculated based on the prevailing gold rates and the eligible loan-to-value ratio.
After submitting your application and documents, your gold is evaluated for purity and weight at the branch. Once verified, your loan is approved, and the amount is disbursed directly to your bank account, often within just one branch visit.
