Gold loan in Erode

Erode is the seventh-largest city in the state of Tamil Nadu. This city is famous for its production of turmeric, coconut, paper, sugarcane and leather. As a result, several medium and small-scale industries have grown in Erode.

Residents of this city can now finance a wide range of monetary obligations through an instant gold loan in Erode from Bajaj Finserv. Visit us directly or apply online

Features and benefits of a gold loan in Erode

A gold loan from Bajaj Finserv extends the following features and benefits:

  • Substantial loan amount

    Substantial loan amount

    Meet the gold loan eligibility and get up to Rs. 2 crore to manage all your personal and professional financial obligations.

  • Part release facility

    Part release facility

    With us, you get the option to partially release your pledged items by repaying an equivalent amount.

  • Foreclosure and part-prepayment options

    Foreclosure and part-prepayment options

    Bajaj Finserv lets you foreclose or part-prepay your loan without any additional charges. You can use a gold loan calculator to make an informed decision.

  • Gold insurance

    Gold insurance

    We also provide complementary gold insurance to safeguard your financial interests from theft and misplacement.

  • Best security protocols

    Best security protocols

    Bajaj Finserv keeps your pledged items in state-of-the-art vaults equipped with a motion detector system and under round the clock surveillance.

  • Flexible repayment options

    Flexible repayment options

    With us, you get to choose from several loan repayment options. Our gold loan EMI calculator can also help you make a decision.

  • Transparent gold evaluation

    Transparent gold evaluation

    Moreover, at Bajaj Finserv, we evaluate your gold items with industry-grade carat meters to ensure maximum accuracy and authenticity.

Erode is also known as the ‘Turmeric City’ since it is its largest turmeric market. It is also known for its textile and cattle markets. Besides these, several cotton mills, dal mills, wax producers, vanaspati manufacturers, screen printing and printing presses are spread across the city.

Residents of this city with immediate funds can avail of a gold loan from Bajaj Finserv. We offer instant loan on gold in Erode at competitive interest rates.

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Eligibility criteria of a gold loan in Erode

Bajaj Finserv brings along lenient gold loan eligibility criteria such as:

  • The applicant must be salaried or self-employed with a steady source of income.
  • He or she must be between 21 and 70 years of age.

On meeting the gold loan eligibility criteria, you can obtain your required funds from Bajaj Finserv at competitive gold loan interest rates.

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Documents required to get a gold loan in Erode

Make sure to keep these documents in handy before applying for a gold loan in Erode.

  • KYC documents
  • Address proof
  • Income proof

You need to submit any additional documents requested by Bajaj Finserv to process a loan application.

Interest rate and charges on a gold loan in Erode

Bajaj Finserv extends gold loans in Erode with lenient eligibility criteria and competitive interest rates. Don’t forget to check the additional charges before applying.