Morbi, a thriving city in Gujarat, epitomizes industrial growth and cultural heritage. Renowned for its ceramic and clock manufacturing industries, Morbi is a bustling hub of commerce and innovation. Amidst its industrial hustle, gold holds significant importance, symbolizing prosperity and tradition. The city's residents cherish gold as a symbol of wealth and adornment, often showcasing intricately crafted jewellery during weddings, festivals, and celebrations. With its rich legacy and entrepreneurial spirit, Morbi exemplifies the fusion of tradition and modernity, making it a dynamic city where the allure of gold intertwines seamlessly with economic prosperity and cultural heritage.
Why is gold loan a feasible borrowing option in Morbi?
Amidst this backdrop, gold loans have emerged as a popular and convenient financial solution for the people of Morbi. With the flexibility and ease, gold loan in need of money has become a go-to option for individuals seeking easy access to funds without parting with ownership of their valuable jewellery.
So, if you are looking for quick funds, Bajaj Finserv Gold Loan offers you an easy and hassle-free option. You can avail funds starting from Rs. 5,000 up to Rs. 2 crore with interest rates starting at just 9.50% p.a. With our gold loan, you can meet all your planned and unplanned expenses with great ease. Our gold loan offers several benefits such as:
- 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
We use best-in-class karat meters across all our branches to make sure you get the most value for your gold. - Free insurance of gold
Our free insurance covers against theft or misplacement 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 representative will help you with your application when you visit our Gold Loan branch in your city.
Eligibility criteria and documents required to apply for gold loans in Morbi
Anyone can apply for a gold loan for farming, business needs, medical emergency and more, as long as they meet the basic gold loan 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 to complete your application process:
- Aadhaar card
- Voter ID card
- Passport
- Driving licence
- NREGA job card
- Letter issued by National Population Registration
hough 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 Morbi
With us, you can get a gold loan interest rate starting at just 9.50% per annum. You can stay assured of zero hidden charges with our 100% transparent terms and conditions.
Know all about our fees and charges before applying.
Gold loan calculator
The Bajaj Finserv Gold Loan Calculator is an online tool that you can use to calculate your gold loan interest rate and loan term. One of the primary advantages of using our gold loan calculator is that it provides you with precise loan estimates based on the gold loan rate per gram. The calculator simplifies the process. Input your gold's weight or desired loan amount, and it provides an immediate estimate of the maximum loan amount available.
Why choose Bajaj Finance to avail a gold loan in Morbi?
Bajaj Finance offers a hassle-free application process, requiring minimal documentation and ensuring quick approval, making it an ideal choice for those in urgent need of funds. With additional benefits like multiple repayment options and transparent terms, we ensure a seamless and customer-centric borrowing experience, making it the preferred choice for availing a gold loan in Morbi.
Ways to repay your gold loan in Morbi
We offer multiple ways to repay your gold loan, where you may choose to repay your gold loan, including paying 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.
How to apply for a gold loan in Morbi?
Here is a step-by-step 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 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
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.
