Gold loan in Ludhiana
In Ludhiana, gold loans have become a popular and convenient financial solution for the locals. The flexibility and ease of these loans make them a preferred choice for people who need quick funds without having to give up their valuable jewellery.
If you need speedy funds, the Bajaj Finserv Gold Loan provides a simple and hassle-free option. You can borrow funds ranging from Rs. 5,000 to Rs. 2 crore, with interest rates starting from 9.50% to 24% per annum. This gold loan ensures you can easily manage both your planned and unplanned expenses.
Features and benefits of gold loan in Ludhiana
Gold loans have become a highly preferred financial option in Ludhiana, providing a combination of flexibility and convenience for those needing immediate funds while retaining ownership of their valuable jewellery. Here are the key features and benefits of taking gold loans in Ludhiana:
- Part-release facility
With our gold loan 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
We use best-in-class karat metres across all our branches to make sure you get the most value for your gold.
- Free insurance for gold
Our free insurance covers against theft or loss of your gold jewellery while it is with us.
- 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 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 instant gold loan 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 recently opened 60 new branches and are adding more across India in the cities that we operate in.
How to apply for a gold loan in Ludhiana?
Here is a detailed guide to apply for a gold loan:
Click on ‘APPLY’ located at the top of this page 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 nearest branch
Download the loan eligibility letter
Once done, you will receive a call from our representative to guide you on the next steps.
Eligibility criteria and documents required to apply for gold loans in Ludhiana
Anyone can apply for a gold loan for agriculture, business needs, medical emergencies and more, as long as they meet the basic eligibility criteria. You just need to be an Indian citizen between the ages of 21 years to 70 years. You need to submit any one of the following KYC documents for gold loan to complete your application process:
- Aadhaar card
- Voter ID card
- Passport
- Driving licence
- NREGA job card
- Letter issued by National Population Registration
Though the PAN card is not a mandatory requirement, if you apply for a gold loan of Rs. 5 lakh or above you will be asked to submit your PAN card as well.
Gold loan interest rates and charges in Ludhiana
With us, you can get a gold loan interest rate starting at just 9.50% per annum. You can stay certain of zero hidden charges with our 100% transparent terms and conditions.
Know all about our gold rates and charges before applying.
How to calculate gold loan in Ludhiana
If you are planning to apply for a gold loan in Ludhiana, using a gold loan calculator can make the process much easier. This free online tool helps you estimate how much loan you can receive against your gold, saving both time and effort. Here is how you can use the calculator efficiently:
- Enter gold weight or desired loan amount – Input the weight of your gold jewellery or the amount you wish to borrow.
- Select gold purity – Choose the gold loan purity of your gold in carats, as this directly affects your loan eligibility.
- Get an instant estimate – The calculator uses current gold rates to give you an approximate loan amount.
- Check interest rate and tenure – View the applicable interest rates and repayment tenure options.
This tool is especially helpful when planning for a gold loan in Ludhiana, as it gives you a better understanding of your borrowing capacity. It is quick, user-friendly, and offers clarity before you proceed with your application.
Why choose Bajaj Finance to avail a gold loan in Ludhiana?
Bajaj Finance offers a hassle-free application process, minimal documentation, and quick approval, making it the ideal choice for those urgently in need of funds. With additional benefits like multiple repayment options and transparent terms, we ensure a smooth borrowing experience, making it the preferred choice for availing a gold loan in Ludhiana.
Visit your nearest gold loan branches
Know more about gold loan in Indian states and Union Territories
Know more about gold loan in other cities
Visit the nearest Bajaj Finserv Gold Loan branch in your city.
