Instant gold loan in Raipur
Raipur is the capital city of Chhattisgarh and the largest one in this state. Raipur was a part of Madhya Pradesh before Chhattisgarh was formed. The city shows exponential industrial growth and has become a significant business hub of Central India.
You can now obtain a high-value gold loan from Bajaj Finserv to meet a host of financial obligations. We provide gold loan in Raipur across three branches. Visit now or apply online.
Features and benefits of a gold loan in Raipur
Getting a gold loan in Raipur means you can use your gold jewellery to get quick funds without having to sell it. It is a simple and secure way to manage urgent needs like medical or personal expenses. One major benefit is the high loan-to-value ratio—up to 75% of your gold’s current value. Bajaj Finserv Gold Loan offers flexible loan amounts ranging from Rs. 5,000 to Rs. 2 crore, with interest rates starting from 9.50% to 24% per annum. Here is why Bajaj Finserv Gold Loan stands out in the city.
Part release option: Pay back a part of your loan and get some of your jewellery back before the loan ends.
No extra charges: You can finish your loan early without paying any extra charges.
Free insurance cover: Your gold is kept safe and is insured against theft or loss while we have it.
Multiple repayment choices: You can pay monthly, every two months, every three months, every six months, or once a year. The principal loan amount or any interest due is to be paid by the end of the tenure.
Easy application process: You can apply online or walk into our nearest branch. Our team will help you every step of the way!
Gold loan renewal: You may renew their gold loan at the end of loan tenure, subject to LTV being as per regulatory norms. A fresh credit appraisal will be done by us prior to renewal. However, renewal post actual loan maturity date is restricted.
Gold loan top-up: You can apply for a top-up on your existing gold loan before its maturity, as long as the loan-to-value (LTV) remains within regulatory limits and a fresh credit assessment is completed by us. However, if your loan has passed its maturity date but is still active due to outstanding dues, a top-up is not allowed.
With a gold loan in Raipur, you can solve money problems quickly without selling your favourite jewellery. It is a smart and safe way to get cash when you need it most.
How to calculate gold loan in Raipur
A gold loan calculator is a simple online tool that helps you estimate the loan amount you can get against your gold jewellery. It uses key inputs like gold weight, gold purity (in carats), and the prevailing market price of gold to provide a close estimate of your loan eligibility. Bajaj Finance offers a gold loan calculator that is easy to use and helps you make informed financial decisions.
Using the calculator is easy and quick. Here’s how you can use it:
Loan amount: Enter preferred loan amount which you may receive by pledging your gold jewellery with the Lender.
Interest rate: Specify the annual interest rate as specified by the Lender.
Repayment frequency: Specify the repayment frequency.
Result: This Calculator can estimate the total annual interest payable and approximate weight of gold jewellery required to avail the said loan based on your above inputs along with the current market price of gold (per gram)
This tool is especially helpful if you want to plan your gold loan in Raipur with clarity. It provides complete transparency and saves time by giving you a fair idea of the loan terms before you visit a branch.
Why choose Bajaj Finance to avail a gold loan in Raipur?
Choosing Bajaj Finance to avail a gold loan in Raipur is a smart decision if you are looking for a reliable, fast, and secure way to meet your financial needs. With Bajaj Finance, you can get a gold loan starting from just Rs. 5,000 to Rs. 2 crore, depending on the value of your gold. One of the biggest advantages is the high loan-to-value (LTV) ratio, allowing you to unlock up to 75% of your gold’s current market value. Here are a few other reasons that make gold loan a wise financial option:
Simple application process: Start your gold loan application online and complete it at your nearest Bajaj Finance branch with minimal documentation.
Secure gold storage: Your gold is stored in high-security vaults, with free insurance provided against theft or loss during its custody.
Competitive interest rates: Enjoy attractive rates starting from 9.50% to 24% per annum.
Multiple repayment options: Choose repayment terms that suit you best—monthly, bi-monthly, quarterly, half-yearly, or annually.
Additional benefits: Avail part-release and top-up facilities for greater flexibility and control over your funds.
Wide branch network: With 800+ branches and a strong presence in Raipur, you can access quick funding and personal support with ease.
Trusted and transparent: Bajaj Finance is a reliable choice for gold loans, offering a hassle-free and transparent borrowing experience.
Why is gold loan a feasible borrowing mode in Raipur?
Gold loan is a feasible borrowing mode in Raipur due to its simplicity, accessibility, and quick processing. Many residents own gold jewellery, making it easy to unlock its value without selling it. Bajaj Finserv Gold Loan allows applicants to pledge their gold and receive funds swiftly, often within the same day. The process requires minimal documentation and can begin online, offering convenience for working individuals and families.
Raipur's expanding financial infrastructure, with over 800 Bajaj Finance branches nationwide and a growing presence in the city, ensures easy access to services. Borrowers benefit from competitive interest rates and multiple repayment options. Gold remains safely stored in secure vaults, with insurance coverage against theft or loss.
For those seeking short-term or emergency funds, a gold loan offers flexibility, low risk, and peace of mind—making it a trusted and feasible option for Raipur residents.
How to apply for a gold loan in Raipur
Getting a gold loan in Raipur is very simple with Bajaj Finance. With an easy process, minimal documentation, and swift disbursal, we provide a reliable financial solution when you need it the most. To apply, just follow these few simple steps:
Click on ‘APPLY’ to open our online application form.
Enter your 10-digit mobile number and click on ‘GET OTP.’
Submit the OTP to verify your identity.
Select your state and city to find the branch nearest to you.
Download the loan eligibility letter.
After you complete the process, our representative will connect with you to walk you through the next steps.
Getting a gold loan can be a lifeline during unexpected financial challenges such as medical emergencies, education fees, or home repairs. This personalised assistance ensures a smooth and hassle-free experience, making gold loans a convenient financial solution.
Eligibility criteria of a gold Loan in Raipur
Bajaj Finserv offers easy to meet gold loan eligibility. Find them below:
- The applicant’s age must be between 21 and 70 years
- Applicants must be self-employed or salaried with a steady income source
- Individuals must be a residing citizens of India
Meet/ exceed gold loan eligibility to obtain a high-value loan amount at a low interest gold loan.
Documents required for a gold Loan in Raipur
Keep the following documents handy when applying for a gold loan in Raipur:
- PAN card
- Aadhaar card
- Passport
- Voter ID card
- Driving licence
- Any utility bill
- Income proof, if asked for
Gold loan interest rate in Raipur
Gold loan affordability in Raipur depends on interest rates, which start from 9.50% to 24% per annum with Bajaj Finance. Knowing the rates in advance helps you plan better. We ensure full transparency, so you know your repayment schedule clearly with no hidden charges. Below is a list of applicable fees and 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). |
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 Interest 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 |
Visit your nearest gold loan branch
Know more about gold loans in Indian states and Union Territories
Know more about gold loan in other cities
Frequently asked questions
No, CIBIL score is not one of the major eligibility criteria when applying for a loan against gold. Meaning you can obtain a loan on gold even with a low CIBIL score if you have a steady source of income.
Yes, traders can apply for a loan against gold. However, check the gold loan eligibility before proceeding.
We offer flexible repayment options. With us, you can choose to repay the loan amount monthly or quarterly and the principal at the tenor end. You can also pay the interest at the beginning and the principal at the end of the tenor. Alternatively, you can choose to pay regular EMIs.
Bajaj Finance offers multiple repayment tenures ranging from 1 day to 12 months. You can choose from monthly, bi-monthly, quarterly, half-yearly, or annual repayment options, allowing you to manage your finances easily while enjoying a short-term borrowing solution with minimal hassle.
Yes, you can prepay or foreclose your Bajaj Finserv Gold Loan in Raipur at any time without incurring additional charges. This flexibility helps you save on interest and close the loan conveniently, depending on your financial situation or availability of funds before the agreed tenure ends.
The approval process for a gold loan in Raipur is quick and hassle-free. With minimal documentation and a simple application process, eligible borrowers can get their loan approved and disbursed within a few hours, often on the same day of application.
Bajaj Finserv accepts gold jewellery with purity ranging from 18-22 karats for gold loans in Raipur. The value of the loan is determined based on the purity and weight of the pledged gold, ensuring transparency and fair valuation during the loan process.
