Applying for a gold loan in Kalyan with Bajaj Finance is a convenient and efficient process. Customers can choose to visit a nearby Bajaj Finance branch or apply online through the official website or App. Borrowers need to visit the nearest gold loan branch with their gold jewellery and required documents. The representative will evaluate the gold based on its purity and prevailing gold rate to determine the loan amount. After the valuation, basic KYC verification is done, and once approved, the borrower receives the loan amount.
By following the steps below and understanding the benefits and requirements, you can efficiently secure a gold loan in Kalyan online to meet your financial needs.
- 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.
This convenience and efficiency make gold loan an accessible financial product in Kalyan.
Features and benefits of gold loans in Kalyan
Gold loans in Kalyan offer various beneficial features tailored to meet different financial needs. The gold loan features and benefits make them an attractive financial product for residents of Kalyan. If you are looking for fast access to funds, the Bajaj Finserv Gold Loan offers a hassle-free solution. Here’s a look at the key features offered under our gold loan:
- Part-release facility: 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.
- Transparent evaluation: To ensure you get the best value for your gold, we use top-quality karat metres in all our branches.
- Free insurance of gold: Our free insurance covers against theft or loss 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 customer 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 quick 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 just opened 60 new branches and are adding more all over India. Additionally, we are opening new branches in the cities where we already have operations.
These features and benefits make gold loans an efficient and advantageous financial solution for residents of Kalyan, ensuring they receive quick access to funds with minimal inconvenience.
Eligibility criteria for gold loans in Kalyan
Bajaj Finance has kept the eligibility criteria for gold loans in Kalyan simple and inclusive, making this financing option accessible to a wide range of residents.
- Bajaj Finance offers simple and inclusive eligibility criteria for a gold loan in Kalyan, ensuring easy access to funds.
- Any Indian citizen aged between 21 to 70 years is eligible to apply.
- There is no need for a high credit score or extensive income proof, making it ideal for a wider range of borrowers.
- Applicants must possess gold jewellery of 18-22 karat purity to pledge as collateral.
- The scheme is open to salaried employees, self-employed individuals, and business owners, without employment-based restrictions.
- Since the loan is secured against gold, credit history and income levels are not heavily emphasised.
- This streamlined process makes gold loans highly accessible for residents from varied financial backgrounds in Kalyan.
- Bajaj Finance’s easy eligibility conditions make gold loans a preferred choice for quick and secured funding in Kalyan.
Documents required for gold loan application in Kalyan
Applying for a gold loan with Bajaj Finance in Kalyan requires minimal documentation, ensuring a smooth and efficient process. To simplify the gold loan process, Bajaj Finance in Kalyan requires only essential documentation, making it accessible to a broad range of applicants.
To apply, you need to provide one of your basic KYC documents:
Identity proof
Aadhaar Card
Voter ID Card
Passport
Driving Licence
NREGA Job Card
Letter Issued by National Population Registration
Address proof
Aadhaar Card
Voter ID Card
Passport
Driving Licence
Though PAN card is not a mandatory document, in loans Rs. 5 lakh you are required to share the PAN card details. This streamlined approach makes gold loans easily attainable for Kalyan’s residents, even for those without extensive financial paperwork, encouraging broader financial inclusion and support for urgent funding requirements.
Best interest rates for gold loans in Kalyan
Securing the best gold loan interest rate in Kalyan is crucial for affordable financing. Gold loans generally come with competitive interest rates, especially when compared to unsecured loan options. In Kalyan, Bajaj Finance provides competitive interest rates that make borrowing affordable for residents across various income brackets. Factors like the loan tenure, amount, and gold’s purity determine the exact rate offered, allowing borrowers to make informed decisions.
Bajaj Finance makes gold loans an attractive choice for those needing quick funds in Kalyan. This affordability ensures that residents do not face undue financial burden while accessing necessary liquidity. Bajaj Finserv Gold Loan offers competitive rates, starting from as low as 9.50% per annum, depending on factors like the loan-to-value (LTV) ratio, repayment tenure, and your financial profile.
With Bajaj Finance, borrowers can enjoy several benefits, including multiple repayment tenures ranging up to 12 months and a high LTV ratio of up to 75%, which maximises the loan amount based on your gold's value. The quick disbursal process ensures that funds are available promptly, supporting immediate financial needs.
Calculate gold loan in Kalyan
A gold loan calculator is a valuable tool for borrowers that offers them an online capability to estimate their loan potential and plan repayments.
The online gold loan calculator allows borrowers to estimate the amount they can borrow based on the weight and purity of their gold. By entering details such as the weight of the gold, or the loan amount required, borrowers can instantly get an estimated loan amount, gold weight required and the interest to be paid as per the selected tenure. The calculator provides transparency by showing the applicable interest rate, and overall repayment amount, enabling borrowers to make well-informed choices. For those in Kalyan looking to secure funds against gold, this calculator simplifies the process, making budgeting and repayment planning more effective.
Repayment options for gold loans in Kalyan
Bajaj Finance offers multiple repayment options for gold loans, allowing Kalyan residents to choose plans that best fit their financial situations. You can opt for a repayment tenure on a monthly, bi-monthly, quarterly, half-yearly or annual basis. It is important to note that the principal amount and pending interest, if any, will be due for payment at the time of loan maturity. Alternatively, you can also prepay or foreclose the loan with no additional charges. These varied options help borrowers in Kalyan manage their financial obligations effectively, ensuring that gold loans remain an attractive choice.
Safety and security of gold collateral in Kalyan
The security of pledged gold is a top priority. Bajaj Finance ensures that borrowers' gold jewellery is stored safely, providing peace of mind throughout the loan period.
- Gold is kept in high-security vaults with advanced surveillance.
- Complementary insurance policies protect against theft or loss.
- Privacy protocols ensure customer information remains confidential.
- Detailed documentation assures borrowers of their gold's safety.
Why choose Bajaj Finance to avail a gold loan in Kalyan?
If you are looking for a quick and secure way to access funds in Kalyan, Bajaj Finserv Gold Loan offers a reliable solution with flexible terms and maximum value against your gold.
- Bajaj Finserv Gold Loan offers loan amounts ranging from Rs. 5,000 to Rs. 2 crore.
- Enjoy competitive interest rates and quick processing to meet urgent financial needs.
- Get free insurance cover on your pledged gold jewellery, ensuring extra peace of mind.
- Benefit from a high loan-to-value (LTV) ratio, helping you maximise the loan amount against your gold.
- The application process is simple and hassle-free, with minimal documentation required.
- Easy eligibility criteria make it accessible for a wide range of individuals in Kalyan.
- Flexible repayment options available: monthly, bi-monthly, quarterly, half-yearly, or annually.
- Your gold is stored in secure vaults, ensuring complete safety of your collateral.
- Bajaj Finance ensures trust and transparency, making it a reliable choice for a gold loan in Kalyan.
Know more about gold Loan in Indian States and Union Territories
Know more about gold loans in other cities
