Instant loan in Salem
Resting on the banks of the Thirumanimutharu River, Salem is a metropolitan city in the state of Tamil Nadu. It is also the administrative headquarters of its namesake district.
Salem is one of the most important textile centres of Tamil Nadu. Several other industries have also grown in this city, giving rise to more business opportunities.
So, if you are a resident of Salem and have personal or professional financial obligations to meet, you can apply for a gold loan from Bajaj Finserv. We offer instant gold loan in Salem across 3 branches. Visit us or apply online.
Gold Loan in Salem: Features and Benefits
A gold loan from Bajaj Finserv brings along various features and benefits such as:
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Gold insurance
Bajaj Finserv extends complementary gold insurance when you avail of a gold loan to safeguard your pledged items against theft or misplacement.
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Part release facility
With us, you have the option to release your pledged gold items partially after you repay the equivalent amount. Our gold loan EMI calculator can also help you figure out and plan your expenses before you apply for one.
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Foreclosure and part-prepayment options
Here, you get the option of part-prepayment or foreclosure of your loan without additional cost.
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Substantial loan amount
With Bajaj Finserv, you can avail of gold loans up to Rs. 2 crore, enabling you to meet your personal or professional obligations.
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Flexible repayment options
Here, you can choose from different loan repayment options. In addition, you can use our online gold loan calculator to find out your repayment ability.
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Transparent gold evaluation
Bajaj Finserv measures your pledged gold items with a standard carat meter to ensure maximum accuracy and authenticity.
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Best security protocols
We also keep your pledged items inside highly secure vaults that are under 24x7 surveillance, ensuring utmost safety.
Salem has over 125 spinning mills, garment units and weaving units. In addition, private handloom and sago industries have grown here in the past few years.
This city also houses several tourist attractions like Mookaneri Lake, Trumpet Exchange Flyover and Modern Theatres.
Salem residents with urgent funds can consider Bajaj Finserv gold loan. We offer instant loan on gold in Salem at competitive rates of interest.
Eligibility Criteria of a Gold Loan in Salem
Bajaj Finserv offers lenient gold loan eligibility criteria. They are listed below.
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Age
21-70
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Work status
Self-employed or salaried with a regular source of income
Meet/exceed the gold loan eligibility criteria and obtain financing at competitive gold loan interest rates.
Documents Required to Get a Gold Loan in Salem
Keep these documents handy before applying for a fastest gold loan in Salem.
Identity proof:
- Aadhaar card
- Passport
- Defence ID card
- Voter ID card
- PAN card
- Driving licence
Address proof:
- Aadhaar card
- Passport
- Any utility bill
- Ration card
- Bank account statement
You can also obtain this fund with a low CIBIL score if you maintain a steady income source and meet the rest of the eligibility.
Gold Loan in Salem: Interest Rate and Charges
We provide gold loans with completely transparent terms and conditions, leaving no scope for any hidden charges. Obtain a competitive interest rate on gold loans and minimal ancillary charges. Check the additional charges before applying.
Frequently asked questions
Yes, anyone between the age group of 21 and 70 can obtain a gold loan. Further, you must have a steady income source.
No, you can only obtain a gold loan against gold jewellery.
If somehow your gold ornaments are stolen, you will be compensated in full for the market value of your gold ornaments.
