Rs. 5,000 - Rs. 2 crore
To find the nearest gold loan branch,
Enter phone and OTP | Check amount you can get | Apply for quick funds
Calculate your gold loan
Not your nearest branch?
Frequently asked question
Gold Loan
Collateral Security
Repayment
Documentation
Bajaj Finance offers gold loans for all kinds of needs. With fair and clear interest rates for gold loans. We offer gold loans starting at as little as Rs. 5,000 up to Rs. 2 crore. We also offer multiple options to pay back the loan as per your convenience. There are no additional fees and charges for part-prepayments or foreclosures. You can also use the part release feature, which lets you take out some of your pledged gold when you need them.
You can get a Bajaj Finance Gold Loan only on 18-22 karat gold jewellery.
Gold loan is not given on : Bullions (bars), primary gold (bricks, biscuits), spoons, vessels, religious idols, etc.
Yes, you can get gold loan amount in cash. You can also choose to get the loan amount partly in cash and partly in bank account. The maximum loan amount that you can avail in cash is Rs. 19,999.
With Bajaj Finance, your gold jewellery, ornaments, or coins are kept in secure vaults under 24x7 surveillance, with world-class safety protocols. We have motion detectors installed in all branches to ensure the highest safety of your gold.
With Bajaj Finance, your pledged gold is insured. If your gold ornaments are stolen, you will be compensated for the full value of your gold based on the gold price as per the recorded weight and karat.
Yes, you can get a gold loan on your embedded jewellery. But the loan will be provided on the value of your jewellery after deducting the weight of the stone.
Bajaj Finance offers gold loans with multiple repayment options and a free part-prepayment facility. You can pay off your gold loan in 2 part-payments without incurring any additional charges.
You have the flexibility to pay the interest amount at below frequencies such as
- Monthly - once a month
- Bi-monthly - once every 2 months
- Quarterly - once every 3 months
- Half-yearly - once every 6 months
- Annually - one-time interest payment along with principal on loan maturity
You can transfer your existing gold loan from your previous lender to Bajaj Finance Limited. You just need to provide us with the details of your existing gold loan, including the Gold Deposit Receipt (GDR).
To avail of a gold loan from Bajaj Finance, you just need to submit your proof of address, along with basic KYC documents like:
- Aadhaar Card
- Voter ID card
- Passport
- Driving licence
- NREGA job card
- Letter issued by National Population Registration
PAN card is required to apply for a gold loan. If you do not have a PAN card, you will have to sign Form 60. Form 60 is a signed declaration stating that you do not have a PAN card and your income is below taxable limits. PAN card is mandatory for loans greater than Rs. 5 lakh.
Gold Deposit Receipt or GDR is a proof of your gold being pledged with a lender for gold loan. This document is important in case an individual wishes to change their existing lender from where they have borrowed a gold loan to another lender.
Related Articles
Disclaimer
Bajaj Finance Limited (BFL) has the sole and absolute discretion, without assigning any reason to accept or reject any application as per BFL policy. *