Features and benefits of gold loans in Mathura
Gold loans in Mathura 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 Mathura. If you are looking for fast access to funds, the Bajaj Finserv Gold Loan offers a hassle-free solution. You can borrow from Rs. 5,000 to Rs. 2 crore with interest rates starting from just 9.50% per annum. 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 ourGold Loan branchin 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 Mathura, ensuring they receive quick access to funds with minimal inconvenience.
How to apply for a gold loan in Mathura?
Applying for a gold loan in Mathura 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 apply for a gold loan in Mathura 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.
- Fill in your personal details and select the nearest gold loan branch.
- Download the loan eligibility letter.
Once done, you will receive a call from our representative to guide you on the next steps.
This convenience and efficiency make gold loans an accessible financial product in Mathura.
Eligibility criteria for gold loans in Mathura
Bajaj Finance has kept the eligibility criteria for gold loans in Mathura simple and inclusive, making this financing option accessible to a wide range of residents. Anyone who is an Indian citizen aged between 21 to 70 years can apply for a gold loan. Bajaj Finance does not require a high credit score or income proof, making gold loans accessible to a wide range of borrowers. You just have to own 18-22 karat worth of gold jewellery to pledge as collateral. There are no specific restrictions based on employment status, so salaried individuals, business owners, and even self-employed persons can apply. Since the gold serves as security, lenders do not place a heavy emphasis on the borrower’s credit score or income level. This simplicity makes gold loans a viable option for people from various economic backgrounds in Mathura, particularly those who may not qualify for other types of loans.
Documents required for gold loan application in Mathura
Applying for a gold loan with Bajaj Finance in Mathura requires minimal documentation, ensuring a smooth and efficient process. To simplify the gold loan process, Bajaj Finance in Mathura 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:
- Aadhaar Card
- Voter ID Card
- Passport
- Driving Licence
- NREGA Job Card
- Letter Issued by National Population Registration
Though PAN card is not a mandatory document, in loans ₹ 5 lakh you are required to share the PAN card details. This streamlined approach makes gold loans easily attainable for Mathura’s residents, even for those without extensive financial paperwork, encouraging broader financial inclusion and support for urgent funding requirements.
Documents required for gold loan application in Mathura
Applying for a gold loan with Bajaj Finance in Mathura requires minimal documentation, ensuring a smooth and efficient process. To simplify the gold loan process, Bajaj Finance in Mathura 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:
- Aadhaar Card
- Voter ID Card
- Passport
- Driving Licence
- NREGA Job Card
- Letter Issued by National Population Registration
Though PAN card is not a mandatory document, in loans ₹ 5 lakh you are required to share the PAN card details. This streamlined approach makes gold loans easily attainable for Mathura’s residents, even for those without extensive financial paperwork, encouraging broader financial inclusion and support for urgent funding requirements.
How to calculate gold loan in Mathura?
If you are planning to take a gold loan in Mathura, using an online gold loan calculator can make things easier. This online tool helps you know how much money you can get based on your gold’s weight and gold loan purity. It saves time and gives quick results.
Here is how to use it:
- Enter gold details – Add the weight of your gold jewellery or the loan amount you need.
- Select gold loan purity – Choose the carat value, like 18K, or 22K. The loan value depends on this purity.
- Get instant result – The calculator shows the estimated loan amount based on today’s gold rate.
- View interest and tenure – It also shows the interest rate and repayment time.
Using this calculator before applying for a gold loan in Mathura helps you plan well. It is simple, free, and shows your eligibility based on gold loan purity.
Repayment options for gold loans in Mathura
Bajaj Finance provides flexible gold loan repayment options for residents of Mathura, making it easier for borrowers to repay their loan as per their comfort and financial ability. These choices allow customers to manage their gold loan without stress and plan their finances better. With us, you can benefit from:
- Multiple repayment frequencies
You can choose to repay your loan on a monthly, bi-monthly, quarterly, half-yearly, or annual basis, based on what suits your income flow.
- Payment at loan maturity
The entire principal amount and any remaining interest must be paid at the end of the loan tenure, offering flexibility during the loan period.
- Prepayment and foreclosure
You also have the freedom to prepay or foreclose the gold loan at any time, without any extra charges.
These multiple gold loan repayment options help you stay stress-free and make gold loans a convenient and useful choice.
Safety and security of gold collateral in Mathura
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 Mathura?
With Bajaj Finserv Gold Loan, you can get a loan starting from Rs. 5,000 to Rs. 2 crore, competitive interest rates, quick processing, free insurance of gold and much more. We offer a high loan-to-value ratio, ensuring that you can get the maximise value as loan to manage your expenses easily. The loan comes with an easy application process, minimal documentation and easy eligibility criteria. You can choose to repay your loan interest on monthly, bi-monthly, quarterly, half-yearly or annual basis, as per your financial situation. With free insurance cover for the pledged gold jewellery and secure storage facilities, you can rest assured that your gold is safe. Additionally, we ensure the safety of gold collateral through secure storage facilities, making them a trustworthy choice for availing a gold loan in Mathura.
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