Instant gold loan in Surat
Termed as the ‘Diamond City of India,’ Surat is a major textile and diamond polishing hub of Gujarat. The city contributes significantly to this country's employment and attracts a workforce from various states.
The resulting rise in population and living costs often leads to a need for access to quick cash, which gold loan in Surat can easily provide.
Apply online now or visit our lone branch in Surat.
Features and benefits of a gold loan in Surat
High loan quantum
Meet any personal and professional expenses with a sizeable loan amount of Rs. 2 crore, depending on the purity of the gold. Enjoy no end-usage restrictions on funds availed
Safe gold evaluation
Get a loan against gold with an at-home appraisal process. Our loan managers will visit your house with industry-grade carat meters. Thus, credibility and accuracy are guaranteed
Guaranteed gold security
We store pledged gold articles in vaults within rooms equipped with industry-leading motion detectors and 24x7 surveillance. Hence, your gold is secured with us
Suitable repayment options
Now repay your instant gold loan in Surat with a convenient payment option. Choose regular EMI payments or pay interest upfront and principal later. You can also pay periodic interest and principal at the end of the loan tenor
Foreclosure and part-prepayment facilities
Make your gold loan repayment even more convenient with a foreclosure and part-payment facility, that too, without paying anything extra. Builders and traders can get a loan against gold top-up without additional charges
Take advantage of our part-release facility to partially release gold items by paying an equivalent loan amount
Mandatory gold insurance
Get a gold loan in Surat from Bajaj Finserv with complimentary insurance coverage throughout the tenor
Previously Surat was hailed as a famous seaport, but it has now moved on to be a smart city with high industrial prowess. Modern Surat has three major industries as the pillar of its economy - diamond polishing, textile, and IT. The diamond processing industry of this city, especially, goes a long way back and holds worldwide prominence. The textile industry of Surat is famous for its ‘zari craft.’ Surat also has a budding IT industry, with giants like IBM, HCL having campuses here.
Apply now online for instant loan approval.
Eligibility criteria for gold loan in Surat
Meet the lenient gold loan eligibility and secure a high loan amount at an affordable rate. For this, satisfy the following parameters:
21 to 70 years
Self-employed, salaried, businessman, traders, and farmers
The Reserve Bank of India has recently updated the gold loan LTV threshold to 75%. So, get a higher loan amount by meeting the eligibility criteria. Also, submit the necessary documents such as KYC details, and address proof to complete the process.
Gold loan interest rates in Surat
Secure funds against a competitive gold loan interest rate from Bajaj Finserv. Repay the credits in affordable EMIs, and make lump-sum payments without extra charges. To know more about interest rates and charges, click here.
Frequently asked questions
You can easily apply for a gold loan online or visit our nearest branch. Following your successful gold loan application, our representatives will contact you for further processing.
Yes, you can avail of a gold loan without a credit score.
LTV or Loan-to-Value ratio represents the percentage of the loan amount you can avail against your pledged gold articles. This ratio is subject to change and depends on the gold’s purity.
Yes, you can get a loan against gold without income proof, but you must submit KYC details to complete this process.