Mumbai, the capital city of Maharashtra now stands as the financial capital of India. It is one of the busiest and fastest-growing cities in India lovingly called the city of dreams. Renowned for its vibrant culture, historical landmarks, delicious cuisine, and lively nightlife, Mumbai is a hub for commerce, trade, and tourism with a population exceeding 20 million.
With a rich history of gold trading and some of India's largest and oldest gold markets, Mumbai exudes an unmistakable fondness for this precious metal. From traditional jewellery stores to modern boutiques, Mumbai offers a diverse array of gold jewellery, catering to every taste and budget. For those in need of financial assistance, gold loans in Mumbai provide a convenient solution. Whether it is for managing urgent expenses, or fulfilling personal needs, gold loans offer quick access to funds against the security of gold jewellery, making them a popular choice among Mumbaikars.
Gold loan in Mumbai
In the dynamic city of Mumbai, gold loans have become a popular and convenient financial solution. Offering flexibility and ease, gold loans are the preferred choice for individuals in need of quick funds without having to part with their precious jewellery.
So, if you require rapid funds, consider Bajaj Finserv Gold Loan for an easy and hassle-free option. You can access funds ranging from Rs. 5,000 to Rs. 2 crore with interest rates starting at just 9.50% per year. Our gold loan provides a simple way to meet all your planned and unplanned expenses with several benefit
- Part-release facility
Repay a portion of your loan to retrieve part of your gold jewellery before the loan tenure concludes with our part-release facility. - No part-prepayment or foreclosure fee*
Settle a part of your loan early or the entire amount without incurring additional costs. - Transparent evaluation
Utilising top-notch karat metres ensures you receive the utmost value for your gold at all our branches. - Free gold insurance
Safeguard your gold jewellery against theft or misplacement while in our custody with our complimentary insurance. - Convenient repayment options
Choose from multiple repayment frequencies—monthly, bi-monthly, quarterly, half-yearly, or annually—based on your convenience. - 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 loans starting from Rs. 5,000 up to Rs. 2 crore. You can select the amount that suits your requirements from the offer extended to you. - 800 branches and growing
We currently opened 60 new branches and are adding more across India in the cities that we operate in.
Eligibility criteria and documents required to apply for gold loans in Mumbai
As long as you meet the eligibility criteria, you can apply for a gold loan for agricultural activities, business needs, medical emergencies, and urgent fund requirements. 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
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 Mumbai
With us, you can get a gold loan in Mumbai with interest rates 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. A key benefit of utilising our gold loan calculator is its ability to offer accurate loan estimates based on the gold loan rate per gram. This tool simplifies the process – just enter your gold's weight or the desired loan amount, and it instantly provides an estimate of the maximum loan amount available.
Why choose Bajaj Finance to avail a gold loan in Mumbai?
Applying for a gold loan with Bajaj Finance is effortless, involving minimal documentation and ensuring swift approval, making it an excellent option for those urgently in need of funds. With added advantages such as various repayment options and transparent terms, we guarantee a smooth and customer-centric borrowing experience, establishing it as the preferred choice for obtaining a gold loan in Mumbai.
How to apply for a gold loan in Mumbai?
Here is a simple guide to applying for a gold loan in Mumbai:
- Click on 'APPLY' at the top of this page to access our online application form.
- Enter your 10-digit mobile number and click on 'GET OTP.'
- Submit the OTP to verify your identity.
- Choose your state and city to locate the nearest branch.
- Input your full name and date of birth as per your PAN.
- Schedule your appointment at our branch.
Once completed, you will get a call from our representative to confirm your appointment and provide guidance on the next steps.
Gold loan in other cities
Visit the nearest Bajaj Finserv Gold Loan branch in your city.
