Get a Bajaj Finserv Gold Loan of up to ₹2 Crores on Bajaj Markets and enjoy affordable interest rates starting at 9.5% p.a. Choose a convenient repayment timeline of up to 1 year. Apart from these benefits, you can enjoy additional perks like industry-grade standards of operation and security and zero foreclosure charges.
Bajaj Finserv Gold Loan interest rates and charges are as follows:
Types of Charges |
Applicable Charges |
Interest Rates |
9.5% - 28% |
Convenience Fee |
₹149 (Inclusive of Applicable Charges). Applicable on part release only. |
Stamp Duty |
|
Processing Fees |
|
Penal Charge |
Any payment default shall attract penal charges of ₹8 per day on outstanding balance
In case of default in paying the outstanding dues after maturity, an extra fee will be applied over and above the interest rate slab mentioned above |
Cash Handling Charges |
₹50 (inclusive of applicable taxes). Applicable for cash disbursement only. |
Foreclosure Charges |
|
Part Prepayment Charges |
NIL |
Cash Deposit Charges |
₹50 |
PG Facility Charges |
₹11 (inclusive of applicable charges) on using the payment gateway for repayment through digital properties |
Auction Charges |
|
Disclaimers:
The values given above may vary according to the policies and regulations of the financial organisation
Penal interest rates will be over and above the interest rates mentioned above
It shall be chargeable to the borrower in case of non-payment of dues after maturity
Cash handling charges are applicable if disbursement is made in cash
Although foreclosure charges are zero, you will have to pay interest for at least 7 days if you have closed the loan within 7 days of booking
Auction charges are inclusive of applicable taxes
Today get gold loan at
₹3,504/gm
Gold to be pledged (in grams)
Required Loan Amount
Select Interest Repayment Frequency
Gold weight required
0 grams
Repayment Frequency
MonthlyInterest Repayment
Gold Loan have a fixed tenure of 12 months
Gold Loan have a fixed tenure of 12 months
Check out the attractive features and benefits of the gold loan by Bajaj Finserv:
Get ample funding of up to ₹2 Crores to meet your financial obligations effortlessly
Enjoy high affordability with interest rates starting at just 9.5% p.a
Repay the gold loan through regular EMIs or partial payments based on your convenience
Close the gold loan anytime without worrying about any prepayment or foreclosure charges
Take a part of the pledged gold by depositing money equivalent to the value of the collateral
You need to meet the following eligibility criteria to apply for the gold loan:
Age Criteria: Your age must be between 21 and 70 years
Eligibility of Gold: The gold must be between 18 to 24 carats. Gold bars or gold coins do not qualify as collateral
Here are the documents you need to submit:
Address Proof: Any one of the following
Aadhaar Card
Valid Passport
Valid Driving Licence
NREGA Job Card
An issued letter from the National Population Register
Voter ID Card
* Identity Documents: Any one of the following
Aadhar Card
NREGA Job Card
Valid Passport
Voter ID Card
Valid Driving Licence
Given above are OVDs (Officially Valid Documents) and often, address discrepancies exist in such documents. As a temporary solution, the applicant can provide the following documents to register an address for a Bajaj gold loan. However, the borrower is required to submit OVDs with the updated address within three months of application.
Pension or family pension document
Utility bill of the current or previous month
Property or Municipal tax receipt
Letter of allotment of accommodation from employer
You can apply for a Bajaj Finserv Gold Loan online by following these simple steps:
Click on ‘APPLY NOW’ at the top of the page
Enter your personal details, such as your name, mobile number, date of birth, required loan amount, pincode, email address, etc.
Once all the details have been filled in accurately and submitted, a representative will contact you to continue with the process
This type of credit has a fixed tenure of 12 months.
Yes, you can prepay your loan amount, and there are no charges or penalties levied on prepayment.
The quality of the gold offered as collateral must be between 18 and 24 carats.
No, a guarantor is not required to authorise a gold loan.
Not being able to repay one’s loan amount or an EMI repayment brings numerous consequences upon the borrower. Some lenders could extend deadlines and due dates in favour of the borrower and allow them some more time.
If the borrower extends 180 days without repaying the loan amount, the lender can take legal action against the borrower under the Negotiable Instrument Act of 1881. The lender also has the right to auction the collateral if the borrower fails to repay the loan.
In conclusion, the borrower’s credit health would be severely impacted along with their legal records and history as a country citizen.