You may have an urgent need for funds to meet planned or unplanned expenses, for which you need to take a loan. While you might have investments like a fixed deposit that you can liquidate to release cash, why not keep your savings, and choose the Bajaj Finserv Gold Loan instead?
Here are the reasons why you should choose our gold loan when you need quick finance:
Loan of up to Rs. 2 crore
We provide gold loan ranging from Rs. 5,000 to Rs. 20,000,000. Once the value of your gold articles has been determined as per the current market rates, you can choose the amount that best meets your needs from your total offer.
Flexible repayment options
There are numerous options available for debt repayment. You can make regular EMI payments or pay the loan interest monthly, quarterly, or annually, whichever is more convenient for you.
Simple application procedure
The application process for our gold loan is fairly simple. You can apply online or in person at a Bajaj Finserv Gold Loan branch near you. When you visit our nearest branch in your city to complete the process, we will value your gold jewellery using the best-in-class carat metres and offer you’re an amount based on the current market rates for gold.
You do not need to keep all your gold with us until you finish paying all your debt. You can repay a portion of your loan and retrieve some of your gold jewellery before the end of the tenure if you take advantage of our part release option.
No part-prepayment or foreclosure fee
You will not be charged any additional costs if you want to prepay any amount of your loan, whether it is a percentage or the entire balance. This allows you to get your gold jewellery back into your possession without the stress of paying any additional prepayment costs.
Free gold insurance
We protect your gold jewellery by storing it in top-of-the-line vaults and 24x7 surveillance. Even then, our free gold insurance provides an additional shield to protect you from financial loss if it is misplaced or stolen.
Easy eligibility criteria
To make this loan accessible to all, we have very simple eligibility requirements to apply for it. You need to be between 21 and 70 years of age, and own gold jewellery that is of 22 carats or higher.
That is all! No need to provide any proof of income, employment, or any other criteria. You can even apply for this loan if you have a low CIBIL score.