In India, gold is not just a precious metal; it is an investment that can be converted into cash during times of financial need. Over the past few years, Indian citizens have grown more aware of the potential of their unused gold jewellery, leading to a rise in popularity for gold loans.
Gold loan is a secured borrowing option where you can pledge 18-22 karat gold jewellery as collateral to avail quick funds. The loan amount is based on the value of the gold pledged and can go up to 75% of its worth. Gold loans have low-interest rates, minimal documentation, and a quick disbursal process, making them a convenient option when you are in need of immediate funds.
You can easily get a high-value gold loan for up to Rs. 2 crore to cover your expenses. Your gold jewellery is stored in the safest vaults located in rooms with top-notch security and under constant surveillance.
Also, you can count on accuracy and transparency throughout the appraisal of your gold jewellery. Bajaj Finserv uses top-tier karat metres to ensure that you receive the optimum loan value.
So, how can you obtain a loan using your gold jewellery as collateral?
You can start by evaluating the value of the jewellery you can offer as collateral. This can be done using our online gold loan calculator. The calculator provides an estimate of your loan liability based on either the weight of your gold in grams or the desired loan amount.
And, since your gold jewellery serves as collateral for the loan, gold loans do not require major, time-consuming gold loan document. Any Indian citizen between the ages of 21 and 70 years can apply for a gold loan. You only need any one of your KYC documents - Aadhaar Card, voter ID card, driving licence, or passport to get a Bajaj Finserv Gold Loan.
Utilise the underlying value of your idle gold jewellery to fulfil your immediate funding requirements. Follow a few simple steps to get a quick gold loan disbursement.
Step 1: Click on the ‘APPLY’ button to open the online application form.
Step 2: Enter your full name and mobile number.
Step 3: Enter the name of your city and choose the branch nearest to you.
Step 4: Submit the OTP sent to your phone and complete the online process.
A Bajaj Finance representative will assist you in arranging an appointment at the gold loan branch of your preference.
You have the flexibility to choose a suitable time and visit our branch with your 18-22 karat gold jewellery. Our team will appraise the purity of your gold jewellery and process your application. With more than 800 branches across the country, we strive to process your loan application promptly and efficiently, ensuring a smooth and hassle-free experience for you.
