Features and benefits of our gold loan

All you need to know about our Gold Loan

Watch this video to know everything about our gold loan: Features and benefits, fees and charges, eligibility criteria, documents required, and steps to apply.

  • Part-release facility

    Part-release facility

    You can repay a portion of your loan early and receive some of your gold jewellery back, by using our part release option.

  • No part-prepayment or foreclosure fee

    No part-prepayment or foreclosure fee

    Repay your loan in part or in full, at no extra charge.

  • Transparent evaluation

    Transparent evaluation

    To ensure that you receive the highest possible value for your gold, we use best-in-class carat metres in each of our branches.

  • Free insurance of gold

    Free insurance of gold

    Our free insurance of your gold jewellery covers it against theft or loss while it is in our custody.

  • Convenient repayment options

    Convenient repayment options

    You can choose from multiple repayment options. One option is to pay regular EMIs like any other loan. Alternatively, you can choose to pay just the interest monthly, bi-monthly, quarterly, half-yearly, or annually as per your convenience. The principal must then be repaid at the end of the tenure.

  • Easy application process

    Easy application process

    You can apply online for a gold loan in minutes. When you visit our branch office to complete the process, we will have everything ready for you.

  • Gold loan of up to

    Gold loan of up to Rs. 2 crore

    We offer gold loans ranging between Rs. 5,000 up to Rs. 2 crore. Choose the amount that you need from the loan offer.

  • branches and growing

    800 branches and growing

    We have just opened 60 new branches in India and will keep doing so. We are also opening new branches in the cities where we already do business.

  • Still haven’t found what you are looking for? Click on any of the links at the top of this page.

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Pre-approved offers for new customers

We have pre-approved offers for our existing customers as well as our new customers. To check, all we need is your mobile number.

If you are our pre-approved customer, you do not need to go through the entire application process. Think of it as our green channel.

Check your pre-approved offer

You may not need a loan at this point of time, or you may not have a pre-approved offer. You can still choose from a wide range of products:

  • Set up your Bajaj Pay wallet

    Set up your Bajaj Pay wallet

    The only 4 in 1 wallet in India that gives you the option to transfer money or pay using UPI, EMI Network Card, credit card, and your digital wallet.

    Download Bajaj Pay

  • Check your credit health

    Check your credit health

    Your CIBIL Score and credit health are some of the most important parameters for you. Get our Credit Health Report and stay in the pink of health always.

    Check your CIBIL Score for free

  • Pocket Insurance to cover all your life events

    Pocket Insurance to cover all your life events

    We have over 500 insurance covers starting as low as Rs. 199 to cover all your life events – trekking, monsoon-related diseases, car key loss/ damage, and more.

    Discover Insurance Mall

  • Set up an SIP for as little as Rs. 500 per month

    Set up an SIP for as little as Rs. 500 per month

    Pick from over 900 mutual funds across 40 mutual fund companies like Aditya Birla, SBI, HDFC, ICICI Prudential Mutual Fund, and more.

    Discover Investment Mall

Gold Loan EMI Calculator

Gold Loan EMI Calculator

Plan your instalments better.

Eligibility criteria and documents required

Anyone can apply for our gold loan, as long as you meet the basic criteria mentioned here. You will be asked to submit a few basic documents to complete your application process.

Eligibility criteria

  • Nationality: Indian
  • Age: 21 to 70
  • Gold purity: 22 carat or higher

Documents required

Any one of the following:

  • Aadhaar card
  • Voter ID card
  • Passport
  • Driving license

PAN card is not required. However, if you apply for a gold loan above Rs. 5 lakh you will be asked to submit your PAN card.

How to apply for a gold loan

Step-by-step guide to applying for a gold loan

  1. Click on ‘APPLY’ on this page to open our online application form
  2. Enter your first and last name as it appears in your PAN
  3. Enter your 10-digit mobile number and select your city
  4. Click on ‘GET OTP’
  5. Enter OTP to verify your details
  6. You will be shown the address of the nearest branch in your city. You will also receive a call from our representative who will guide you to complete your gold loan application.

Applicable fees and charges

Types of fee

Applicable charges

Interest rate

9.50% p.a. to 28% p.a.

Processing fees

Rs. 99 (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 only for cash mode of disbursement

Penal interest

3% p.a. on outstanding balance

The penal interest margin/ rate will be over and above the interest rate slab. This shall be applicable/ chargeable in case of default in repayment of the outstanding dues.

Part-prepayment charges

NIL

Foreclosure charges*

NIL

Auction charges

Charge for physical notice – Rs. 40 (Inclusive of applicable taxes) per notice

Recovery charges – Rs. 500 (Inclusive of applicable taxes)

Advertisement fee – Rs. 200 (Inclusive of applicable taxes)


*Foreclosure charges are zero. However, if you close the loan within 7 days of booking, you have to pay minimum 7  days’ interest.
Note that additional cess will be applicable on all charges in accordance with state-specific laws.
The interest rates applicable on gold loans are dynamic and frequently change due to external factors.
Still haven’t found what you are looking for? Click on any of the links at the top of this page.

Frequently asked questions

How to get a gold loan?

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 Finserv, 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:

  1. Click on the ‘APPLY ONLINE’ option on the top of this page.
  2. Fill out the online form by submitting your basic information. Fill details like name, mobile number and select your city from the drop-down.
  3. On verification of your details, you can submit the form.
  4. Our representative will contact you and help you on the next steps.

Click here to apply for a Bajaj Finserv Gold Loan.

Who is eligible to get a gold loan?

Salaried, self-employed individuals, traders, farmers, and business persons are all eligible to apply for a gold loan. To get a gold loan from Bajaj Finserv, you must be between 21 and 70 years of age and have gold jewellery of 22 carats and above.

Read more on the eligibility requirements for gold loan.

When should you apply for a gold loan?

You should apply for a gold loan when you need money for some unplanned expenses. Also, a gold loan is a good option if you already have the burden of an ongoing loan. You can apply for a gold loan by pledging gold jewellery you may have at your home. To get a gold loan, you can walk in to the nearest Bajaj Finserv Gold Loan Branch in your city. In case you are looking for a more convenient option, you could also fill the gold loan application form on the Bajaj Finserv website.

Can you get a gold loan on jewellery?

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

Read more to know how to apply for a gold loan online.

What is a gold loan?

A gold loan is a kind of secured loan that you can get from lenders like banks or Non-Banking Financial Companies (NBFC). Here you have to pledge your gold jewellery as collateral to get the loan. Lenders decide the loan amount after checking the weight and purity of your gold. They do the LTV calculation, which is ‘loan to value’ ratio. 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.

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