Unlock the potential of gold with flexible gold loan solutions
On Bajaj Markets, apply for a loan against your gold anytime, anywhere, with the digital application process. You can borrow up to 75% of your gold’s market value. With interest rates starting as low as 8.88% p.a. you can get affordable solutions to your financial problems with gold loans. By applying for an instant gold loan online on Bajaj Markets, enjoy benefits like doorstep services, part-release facilities, and complimentary insurance for your gold. The loan does not have any end-use restrictions. You can use it to finance weddings, vacations, business operations, down payments, and much more.
You can borrow up to 75% of your gold’s current market value, enabling you to obtain funds easily
You can repay your loan via monthly, bi-monthly, quarterly, half-yearly, or annual payments, at your convenience
You can repay a part of your loan and get some of the gold submitted as collateral before the loan tenure ends
You can prepay or foreclose your loan without paying any additional charges
Your credit score does not play a significant role in the approval process of a gold loan
*Disclaimer: Terms and conditions apply to the benefits mentioned above, and these may vary from one lender to another.
Our Partners
|
Minimum Interest Rate
|
Minimum Loan Amount
|
Loan Tenure
|
|
---|---|---|---|---|
Bajaj Finserv |
9.50% p.a. |
₹5,000 |
Up to 12 Months |
|
IIFL Finance |
11.88% p.a. |
₹3,000 |
24 Months |
|
indiagold |
9.24% p.a. |
₹ 20,000 |
61 Days - 12 Months |
|
Muthoot Finance |
9.96% p.a. |
₹1,500 |
7 Days - 36 Months |
|
Muthoot FinCorp ONE |
9.96% p.a |
₹1,550 |
3 Months - 12 Months |
|
Rupeek |
8.88% p.a. |
₹25,000 |
3 Months - 12 Months |
|
*Disclaimer: The rates are subject to change at the lender’s discretion.
Here are some additional charges associated with a gold loan that you should consider before applying:
Types of Charges |
Details |
Processing Fee |
Nil to 0.20% |
Foreclosure Charges |
Charges are “0”, but in cases the borrower closes the loan, interest on a pro-rated basis will be applicable |
Cash Deposit Charges |
₹50 (Inclusive of applicable taxes) |
Convenience Fee |
₹149 (Inclusive of applicable taxes) |
Security Charges |
0.15% of the loan amount (Minimum ₹60, maximum ₹600) |
Auction Charges |
Up to ₹1,500 + ₹200 (Intimation notice) |
*Disclaimer: The rates are subject to change at the lender’s discretion.
Before applying for an online Loan Against Gold, understand the eligibility criteria you might be required to fulfill for your application to be approved:
You must be an Indian citizen
You must be at least 18 years old
You must be a salaried employee/self-employed individual/ entrepreneur/ farmer/ trader
The purity of the gold submitted as collateral should be at least 18 karats
Furthermore, you may also be required to present the following documents when applying for a gold loan online:
Identity Proof: Any one of the following
Aadhaar card
Passport
Driving licence
Voter ID
Address Proof: Any one of the following
Aadhaar card
Passport
Driving licence
Utility bills
Here are some simple steps you can follow to apply for a gold loan on Bajaj Markets:
Click on ‘CHECK ELIGIBILITY’ on this page
Enter your basic personal details and the required loan amount
Click on ‘SUBMIT’
After this, your application will be reviewed and an executive will contact you for further proceeding
Some major benefits of applying for a gold loan on Bajaj Markets are as follows:
With the quick digital application process, your loan application can be reviewed and verified rapidly
The digital documentation process makes applying for a gold loan on Bajaj Markets quite convenient
When you apply for a Gold Loan on Bajaj Markets, you can be assured of complete transparency with zero hidden charges
On Bajaj Markets, you can choose from 5+ renowned lenders that offer gold loans in India. Compare and choose an offer that best suits your needs. This can be beneficial for first-time borrowers as well as those looking to opt for a gold loan balance transfer.
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
A gold loan is a secured form of loan where you can pledge your gold jewellery in the form of collateral in exchange for an amount that is determined by the current market value of your gold.
If you are a salaried or self-employed individual above 18 years old and an Indian citizen, you can apply for a gold loan.
Yes, it is safe, as the lender stores your assets safely in vaults. However, if you default on the repayments, your assets may be auctioned by the lender.
Yes, you can get a gold loan by submitting your gold jewellery as collateral.
No, a guarantor is not necessary when applying for a gold loan.