Bajaj Finserv Gold Loan

Bajaj Finserv Gold Loan Interest Rates & Charges

The interest rates and charges for Bajaj Finserv Gold Loan are outlined below:

Features & Benefits of Bajaj Finserv Gold Loan

Bajaj Finserv Gold Loan offers financial flexibility with exclusive features and benefits. These include:

• Higher Loan Amount: You can access substantial funding of up to ₹2 Crores to fulfill your financial needs effortlessly.
• Competitive Interest Rates: You can enjoy affordability with interest rates starting as low as 9.50% p.a.
• Flexible Repayment Options: You can choose from various repayment methods, including monthly, bi-monthly, quarterly, half-yearly, or annual payments. You can also make partial payments at your convenience.
• No Prepayment or Foreclosure Charges: You can close your gold loan anytime without concern about prepayment or foreclosure fees.
• Gold Withdrawal: You can withdraw a portion of the pledged gold by paying an amount equivalent to the collateral’s value.

Bajaj Finserv Gold Loan Interest Rates vs. Other Banks

The table below shows the gold loan interest rates of Bajaj Finserv in comparison to other banks.

Bajaj Finserv Gold Loan Eligibility Criteria

To apply for a gold loan, you must meet the following eligibility criteria:

• Age Requirement: You must be between 21 and 70 years old.
• Gold Eligibility: The gold must be between 18 and 22 karats. Gold bars or coins do not qualify as collateral.

Documents Required for Bajaj Finserv Gold Loan

Here are the documents you need for a Bajaj gold loan application:

• Address Proof: Aadhaar Card, Passport, Driving Licence, NREGA Job Card, Letter from National Population Register, Voter ID Card
• Identity Documents: Aadhaar Card, NREGA Job Card, Passport, Voter ID Card, Driving Licence
  If there are address discrepancies, you will need to submit these alternative documents. However, you will still need to update your address with the required documents within three months:
• Pension or family pension document
• Utility bill from the current or past month
• Property or Municipal tax receipt
• Letter from employer confirming accommodation allocation.

Steps to Apply for a Bajaj Finserv Gold Loan

Follow these simple and quick steps to apply for a gold loan:

1. Visit the Bajaj Finance website.
2. Click on ‘APPLY’ to access our online application form.
3. Enter your 10-digit mobile number and click on ‘GET OTP.’
4. Submit the OTP to confirm your identity.
5. Select your state and city to locate the nearest branch.
6. Provide your full name and date of birth as listed on your PAN.
7. Schedule your appointment at our branch.
8. After completing these steps, you will receive a call from our representative to confirm your appointment and guide you on the next steps.

Note:The interest rates mentioned above are subject to change at the lender’s discretion.