✓ No Limit on Loan Amounts ✓ Interest Rate Starting @0.74% p.m. ✓ Minimal Documentation Check Eligibility

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.

Features and Benefits of Gold Loan

High Loan Amount

You can borrow up to 75% of your gold’s current market value, enabling you to obtain funds easily

Easy Repayment Solutions

You can repay your loan via monthly, bi-monthly, quarterly, half-yearly, or annual payments, at your convenience

Part-release Facility

You can repay a part of your loan and get some of the gold submitted as collateral before the loan tenure ends

Zero Pre-closure Charges

You can prepay or foreclose your loan without paying any additional charges

No Credit Score Required

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.

Compare Gold Loan Interest Rates

Our Partners
sort list
Minimum Interest Rate
sort list
Minimum Loan Amount
sort list
Loan Tenure
sort list
Image

Bajaj Finserv

9.50% p.a.

₹5,000

Up to 12 Months

4.4
Image

IIFL Finance

11.88% p.a.

₹3,000

24 Months

4.2
Image

indiagold

9.24% p.a.

₹ 20,000

61 Days - 12 Months

4.8
Image

Muthoot Finance

9.96% p.a.

₹1,500

7 Days - 36 Months

3.9
Image

Muthoot FinCorp ONE

9.96% p.a

₹1,550

3 Months - 12 Months

3.9
Image

Rupeek

8.88% p.a.

₹25,000

3 Months - 12 Months

4.1
View More

*Disclaimer: The rates are subject to change at the lender’s discretion.

Gold Loan Fees & Charges

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.

Gold Loan Eligibility Criteria and Documents Required

Before applying for an online Loan Against Gold, understand the eligibility criteria you might be required to fulfill for your application to be approved:

Nationality

You must be an Indian citizen

Age

You must be at least 18 years old

Employment

You must be a salaried employee/self-employed individual/ entrepreneur/ farmer/ trader

Gold Purity

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

How to Apply for a Gold Loan Online on Bajaj Markets

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

Why avail a Gold Loan from Bajaj Markets

Some major benefits of applying for a gold loan on Bajaj Markets are as follows:

  • Quick Processing

With the quick digital application process, your loan application can be reviewed and verified rapidly

  • Minimal Paperwork

The digital documentation process makes applying for a gold loan on Bajaj Markets quite convenient

  • Zero Hidden Charges

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. 

Disclaimer

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.

Frequently Asked Questions

What is a gold loan?

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.

Who can apply for a gold loan?

If you are a salaried or self-employed individual above 18 years old and an Indian citizen, you can apply for a gold loan.

Is my gold secured if I get 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.

Is it possible to get a gold loan by submitting my gold jewellery as collateral?

Yes, you can get a gold loan by submitting your gold jewellery as collateral.

Is a guarantor necessary for a gold loan?

No, a guarantor is not necessary when applying for a gold loan.

Home
active_tab
Loan Offer
active_tab
CIBIL Score
active_tab
Download App
active_tab