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Gold Loan in Kolhapur

A historic and ancient city of Maharashtra, Kolhapur is located on the banks of the river Panchganga. The city is known for its lip-smacking cuisines, attractive ‘Kolhapuri’ footwear and unique jewellery items.

You can now leverage your idle gold ornaments to obtain a sizeable fund at nominal interest rates from Bajaj Finserv. Apply online for a gold loan in Kolhapur.

Features and Benefits of a Gold Loan

  • Loan up to Rs.35 lakh

    High-value loans up to Rs.1 crore

    Get a high-quantum loan amount of up to Rs.1 crore by meeting simple eligibility criteria. This fund is free from end-use restrictions. Utilise the amount to meet personal or professional financial requirements.

  • Secured gold appraisal

    Our representatives use a standard carat meter to assess the market value of the pledged gold items. The entire loan processing is completed from the comfort of your home.

  • Flexible repayment

    Opt from multiple repayment options as per convenience. Clear the dues by opting to pay via regular EMIs or pay the interest periodically and principal amount at the end of a tenor. Alternatively, you can also pay the interest upfront and principal later.

  • Choose to part-release

    Release part of the pledged gold items by paying an equivalent amount.

  • Avail free gold insurance

    We provide a complimentary gold insurance policy along with a gold loan. This covers financial losses against theft and misplacement.

  • Foreclosure and part-prepayment

    Foreclose or part-prepay your loan at no extra charges. Builders and traders can opt for a top-up loan without paying additional charges.

  • Robust security features

    Assured best industry safety protocol

    We deposit the pledged gold items in a secured vault under 24x7 surveillance with a motion detector system.

  • Kolhapur is the largest city in Southern Maharashtra. This city houses approximately 300 foundries. Further, it has several industrial areas - Shiroli MIDC and Udyamnagar, Gokul-Shirgaon MIDC, etc. Tourism is another area that attracts potential revenue. It also has several educational institutions for medicine, engineering etc., attracting students from all over India. However, being a prominent city, managing expenses can become difficult.

    Individuals looking for funds to meet the immediate monetary crunch can apply for a gold loan in Kolhapur. Pledge the gold items with Bajaj Finserv and obtain a high-value loan amount. Meet the simple eligibility criteria and submit required documents to avail of a low-interest gold loan.

Gold Loan Eligibility Criteria in Kolhapur

Our gold loan eligibility criteria are simple and easy to meet. Take a look:

  • Nationality: Resident Indian
  • Age: 21 to 70 years
  • Employment status: Salaried, self-employed individuals can qualify for this loan

Besides fulfilling the eligibility criteria, the loan amount also depends on the LTV ratio. To get the highest gold loan per gram of the pledged assets, provide necessary documents and meet our eligibility criteria.

Interest Rate and Charges on a Gold Loan in Kolhapur

Bajaj Finserv offers competitive interest rates for gold loans in the Indian market. Further, the additional costs are nominal, making us an ideal choice to apply for a gold loan in Kolhapur.

Frequently Asked Questions

1. What are the documents required to apply for a gold loan in Kolhapur?

Some of the essential documents needed to apply for a gold loan in Kolhapur include:

  • Aadhaar card
  • PAN card
  • Statement of a bank account
  • Voter ID card etc.

2. How to calculate the gold loan interest rate?

Manual calculation of the interest rate on a gold loan can be a time-consuming task and might give you erroneous results. To simplify the process, you can also use an online EMI calculator for convenience. This online tool provides instant results without any errors.

3. What is the current LTV ratio set by RBI?

Currently, the Reserve Bank of India caps the LTV at 90% for gold loans in India.

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