Understanding gold loan in udaipur
Udaipur, the beautiful City of Lakes, is not only known for its palaces and scenic charm but also for its love for gold. Here, gold is more than jewellery – it is a symbol of prosperity and tradition. During weddings and festivals, you will see people adorned in stunning gold pieces that showcase the city’s exceptional craftsmanship and artistic flair.
If you need quick funds without parting with your precious ornaments, a gold loan in Udaipur from Bajaj Finance is a smart choice. Enjoy a high gold loan per gram value, competitive interest rates, and flexible repayment options, making it simple and convenient to meet your financial needs.
Why is gold loan a feasible borrowing mode in Udaipur?
Availing a gold loan in Udaipur is a popular choice for many residents seeking quick and hassle-free financial assistance. These loans offer flexibility and convenience, allowing individuals to leverage their gold assets without relinquishing ownership. With transparent terms and minimal documentation requirements, gold loans in Udaipur provide a convenient solution for meeting various financial needs, from emergency expenses to investment opportunities.
So, if you are looking for quick funds, the Bajaj Finserv Gold Loan offers you an easy and hassle-free option. You can avail funds starting from Rs. 5,000 to Rs. 2 crore with interest rates starting at just 9.50% to 24% p.a. With our gold loan, you can meet all your planned and unplanned expenses with great ease. Our gold loan offers several benefits.
Benefits and features of gold loans in Udaipur
Here are some benefits of taking gold loans in Udaipur:
- No part-prepayment or foreclosure fee*
Repay a part of your loan in advance or pay the entire amount at no extra cost. - 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.
- Transparent evaluation
We use the most advanced karat metres across all our branches to make sure you get the most value for your gold. - Free insurance for 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 representatives 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 to Rs. 2 crore. You can choose the amount that suits you best from the offer extended to you. - 1100 branches and growing
We have recently opened 60 new branches and are adding more across India. We are also opening new branches in the cities that we operate in.
Documents required to get gold loans in Udaipur
- 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.
Curious about your loan eligibility? Enter your mobile number to see how much you can get for your gold.
Gold loan calculator in Udaipur
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 key benefits 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 Udaipur?
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 smooth and customer-focused borrowing experience, making it the preferred choice for availing of a gold loan in Udaipur.
Gold loan branches in Jaipur
Gold loan in Bhinder | Gold loan in Hiranmagari sec-11 |
Gold loan in Fatehpura | Gold loan in Hiranmagari sec-05 |
Gold loan in Mavil | Gold loan in Saheli marg |
Gold loan in Salumbar | Gold loan in Sunderwas |
Gold loans in other cities
Know more about Gold Loans in Indian states and Union Territories
Gold Loan in Tamil Nadu | Gold Loan in Udaipur |
Gold Loan in Chandigarh | Gold Loan in Kerala |
Gold loan interest rates and charges in Udaipur
With Bajaj Finance, you get attractive gold loan interest rates that make borrowing easier on your pocket. Your interest is calculated based on the amount you borrow and the tenure you choose. By opting for a shorter repayment period or paying regularly, you can manage your interest outgo smartly. These rates are designed to keep your repayment stress-free while ensuring complete transparency with no hidden charges.
Types of fee | Applicable charges |
Interest rate | 9.50% to 24% per annum |
Processing fees | 0.15% of the loan amount (inclusive of applicable taxes). Subject to a minimum Rs. 99 (inclusive of applicable taxes) and maximum of Rs. 600 (inclusive of applicable taxes). |
Stamp duty (as per respective state) | Payable as per state laws and deducted upfront from loan amount |
Cash handling charges | %$$Rs. 50 (inclusive of applicable taxes) applicable for cash disbursement only. |
Penal charge | 3% per annum on outstanding balance. Penal charge will be over and above the interest rate which shall be applicable/chargeable in case of default in repayment of the outstanding dues post-maturity. |
Convenience fee | Convenience fee of Rs. 149 (inclusive of applicable taxes) shall be levied for part release of ornament(s) pledged. |
Part-prepayment charges | NIL |
Foreclosure charges | Nil, any time post disbursement of loan |
Eligibility criteria to avail gold loans in Udaipur
Meeting the gold loan eligibility criteria with Bajaj Finance is simple. You just need to be an Indian resident aged between 21 to 70 years and own 18-22 karat gold jewellery to pledge. There is no income proof required, making the process quick and convenient. Whether you are salaried, self-employed, or a homemaker, you can apply for a gold loan easily. Your jewellery is evaluated for purity and weight, and the loan amount is decided instantly.
Pro tip: It takes just 2 steps to check your eligibility for a Bajaj Finserv Gold Loan. Enter your mobile number now.
How to apply for a gold loan in Udaipur?
Applying for a gold loan with Bajaj Finance is quick and hassle-free. All you need to do is visit the nearest branch with your gold jewellery and basic KYC documents like Aadhaar and PAN. Your gold will be evaluated in your presence, and based on the current market rate, the loan amount will be offered to you. Once you accept the terms, the loan is approved, and the money is transferred to your bank account within just one branch visit. The entire process is secure, transparent, and designed to save you time.
To apply for gold loan online, follow these simple steps:
- Click on “Apply” to start your online application
- Enter your 10-digit mobile number and click on “Get OTP”
- Submit the OTP to verify your identity
- Fill in your personal details and choose the nearest gold loan branch
- Download the in-principal loan eligibility letter
Once done, you will receive a call from our representative and guide you on the next steps.
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Disclaimer
Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.