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.
Eligibility criteria for gold loan
- Nationality: Indian
- Age: 21 to 70 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 (May 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. 50 (inclusive of applicable taxes). Applicable for cash disbursement only. |
| Penal charge | 3% per annum on Outstanding Balance. Penal Interest 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 interest rates applicable on gold loans are dynamic and frequently change due to external factors.
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