Bajaj Finserv Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Bajaj Finserv Gold Loan Key Features

Bajaj Finserv Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Bajaj Finserv Gold Loan Interest Rate 7.0% per annum
Bajaj Finserv Gold Loan Per Gram Rate Per Gram Today is ₹ 5,268
Bajaj Finserv Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Bajaj Finserv Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Bajaj Finserv Gold Loan Repayment Tenure 3 Months to 24 Months
Bajaj Finserv Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of Bajaj Finserv Bank Gold Loan:

  • Great Accessibility–  Bajaj Finserv Gold Loan provides you with the quick and handful service.
  • Income-proof not required– The salary of an individual does not matter much as far as the quality of the gold is pure.
  • Loan Tenure– The applicant’s tenure can be from 3 months to 2 years according to their needs and requirements.
  • Helpful in Uncertainties– Bajaj Finserv Gold Loan aids you at the time of medical crisis or when you are in urgent need.
  •  Safety and Security– No doubt the ornaments are safe with the bank as it provides an all-time safe and secure service to our applicants.
  • Supplementary Charges are not Required–  The bank does not charge an extra amount as it simply depends on the availability of the assets.
  • Offers Low Rate of Interest–  Bajaj Finserv Bank Gold Loan provides a low rate of interest as the bank keeps the security against the loan.
  • Amount of Loan- The amount of loan that an individual needs can be Rs. 15000. And for the provincial living areas, it must be Rs. 10000.
  • No Income bound- Clients should be clear with the fact that there are no income margins for availing loans.

How Much Gold Loan Can I Get Through Bajaj Finserv Gold Loan:

Bajaj Finserv Gold Loan Per Gram– Updated September 2020

Updated - Gold Loan Per Gram Rate

Gold Weight

Gold Purity

Gold Purity

Gold Purity

Gold Purity

24 Carat

22 Carat

20 Carat

18 Carat

1 gram

4680 4290 3900 3510

10 gram

46800 42900 39000 35100

20 gram

93600 85800 78000 70200

30 gram

140400 128700 117000 105300

40 gram

187200 171600 156000 140400

50 gram

234000 214500 195000 175500

100 gram

468000 429000 390000 351000

200 gram

936000 858000 780000 702000

300 gram

1404000 1287000 1170000 1053000

400 gram

1872000 1716000 1560000 1404000

500 gram

2340000 2145000 1950000 1755000

 

Bajaj Finserv Gold Loan Eligibility:

Bajaj Finserv is an easy platform for you to avail of the gold loan as it gives the loan at a low-interest rate. Also, because of the minimal documentation process, the bank will provide you with the loan amount within an hour. Hence, to apply for the gold loan, the bank concerns few eligibility criteria for the applicants:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

Bajaj Finserv Gold Loan Documents Required:

The Bajaj Finserv Gold Loan requires minimal documentation process, the applicant is required to bring only the necessary documents listed below-

Photographs

2 Passport Size

Identity Proof

Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)

Residence Proof

Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)

 

Bajaj Finserv Gold Loan Interest Rate, Fees, and Charges:

Getting your dreams fulfilled is the most satisfactory thing. Bajaj Finserv Gold Loan is the source of your happiness, it fulfils all your short term and long term needs by availing you the loan amount at a low-interest rate. The bank ensures that pledging your gold ornaments with Bajaj Finserv is secure.

Gold Loan Interest Rate

7.00% per annum

Processing Fee

1.50% of the Principal Loan Amount

Prepayment/Foreclosure Charges

2%+GST (Within 3 Months), 0 (After 3 months)

Valuation Fee

Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs

Late Repayment Charges

2% p.a. + Applicable rate of interest.

Renewal Processing Fees

Rs 350 + GST

 

About Bajaj Finserv Gold Loan:

Bajaj  Finserv is the most prominent firm in India. It is a part of Bajaj Holdings and Investments Limited. It has its headquarters in Pune, Maharashtra, India. Bajaj Finserv Gold Loan is the best gold loan provider in India with an appealing rate of interest. It will help you to come out from all the financial crisis you are facing by providing you with the best financial and banking services. You can avail of a gold loan at Bajaj Finserv as it delivers safe and secured services, is easy to access with less documentation procedure.

  • Bajaj Finserv Gold Loan Interest Rate is 7.0% per annum
  • Bajaj Finserv  Gold Loan Per Gram is ₹ 5,268
  • Bajaj Finserv Gold Loan Tenure: Up to 24 months
  • Bajaj Finserv Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

 

Types of Bajaj Finserv Gold Loan:

Here we present the schemes provided by the Bajaj Finserv Gold Loan-

  • Agricultural Purpose- Loan offered to the applicants for agricultural purposes or related projects are at low-interest rates. But, before approval, the applicant is asked to show them the land proof or the purpose behind availing the loan.
  • Non-agricultural Purpose-  Bajaj Finserv avails the gold loan at a bit higher rate of interest whose purpose is to fulfill the professional or personal needs.

Bajaj Finserv Gold Loan EMI Calculator:

Rate of Interest
6 months
1 Yr
2 Yrs
3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466

 

How to Pay Your Bajaj Finserv Gold Loan EMI?

Your Bajaj Finserv Gold advance can be reimbursed in the following ways-

  • Standing Instruction (SI):  Standing Instruction is a reliable method for repayment if you are a current Bajaj Finserv holder. Month to month your EMI amount will be credited from your Bajaj Finserv account.
  • Electronic Clearing Service (ECS): This service can be used if you are a non-Bajaj Finserv account holder and you want your EMI to be charged consequently from this account.
  • Post-Dated Checks (PDC): Your post-dated EMI can be submitted from a non-Bajaj Finserv account to the nearest Bajaj Finserv Loan center. A new version of PCDs should be submitted from time to time.

Bajaj Finserv Gold Loan Contact Number

For any support or any queries regarding a gold loan with Bajaj Finserv, you may contact on the number 9878981144

Gold Ornaments Accepted by Bajaj Finserv:

  • Gold Ornaments: Bajaj Finserv accepts the gold assets such as Gold Rings, Gold bangles, Gold anklets, Gold necklace for availing the gold loan.
  • Quality of  Gold: The loan is provided only to those customers who bring asses of pure gold. The quality of gold matters a lot. It should be18 carat to 22 carats.

Use of Bajaj Finserv Gold Loan:

The funds acquired by availing gold loan at Bajaj Finserv can be utilized for various purposes-

  • It can help you in financing your expenses such as travel expenses, fees for higher education, matrimonial expenses, etc.
  • It will fulfill your business requirements such as purchasing raw materials or expanding your business.
  • You can also avail a loan for agricultural purposes.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.00% – 14.50%

ICICI Gold Loan

7.00% – 16.10%
Muthoot Finance Gold Loan

7.00% – 24.00%

Axis Bank Gold Loan

7.00% – 17.00%
Manappuram Gold Loan

7.00% – 26.00%

Yes Bank Gold Loan

7.00% – 15.99%
Bank of India Gold Loan

7.00% – 26.00%

Federal Bank Gold Loan 

7.00% – 13.50%
IIFL Gold Loan

7.00% – 12.00%

Central Bank of India Gold Loan

7.00% – 14.65%

Canara Bank Gold Loan

7.00% – 12.65%

Allahabad Bank Gold Loan

7.00% – 10.45%

Induslnd Bank Gold Loan

7.00% – 15.75%
PNB Gold Loan

7.00% – 11.75%

Bajaj Finance Gold Loan

7.00% – 26%
SBI Gold Loan

7.00% – 15.99%

Indian Bank Gold Loan

7.00% – 15.99%
UCO Bank Gold Loan

7.00% – 26.00%

Kotak Mahindra Bank Gold Loan

7.00% – 13.50%
Syndicate Bank Gold Loan

7.00% – 12.00%

 

FAQs About Bajaj Finserv Gold Loan:

  • What is Bajaj Finserv Gold Loan?

Bajaj Finserv provides a gold loan scheme where you can avail of a gold loan by pledging your gold ornaments with the bank. It provides you with the loan at a low-interest rate and an advance tenure of 3 months to 2 years. Also, it provides you with a loan amount of 1 crore.

  • How can I get the Gold Loan from Bajaj Finserv Bank?

Applying for a gold loan at Bajaj Finserv is a hassle-free process as it requires less time. You can avail gold loan either by applying online at BookMyLoans or you can visit the nearest Bajaj Finserv Gold Loan branch.

  • What is the Gold Loan interest rate in Bajaj Finserv Bank?

The interest rate of the Bajaj  Finserv Gold Loan is 7.0%.

  • How much Gold Loan can I get Per Gram in Bajaj Finser Bank?

Bajaj Finserv Gold Loan per gram is 5,268.

  • How to check the Bajaj Finserv Gold Loan status?

Either you can check the gold loan status by contacting the loan officer or you can visit the Bajaj Finserv gold loan tracker page.

  • How to Pay Bajaj Finserv Bank Gold Loan Interest Online?

For paying Bajaj Finserv Gold Loan interest online, you can rely on internet services, you can go for net banking or any other suitable payment method.

Gold Loan interest in Bajaj Finserv Bank can be calculated using the EMI calculator.

  • How can I apply for EMI Moratorium on Bajaj Finserv Gold Loan?

You can apply for the Bajaj Finserv Gold loan moratorium online by signing in with your credentials or by visiting the closest branch and placing a moratorium request. This can be done between 1st March to 31st August.

  • What if I can’t pay interest on Bajaj Finserv Gold Loan for 3 months?

If you are unable to pay your Bajaj Finserv Gold Loan interest for 3 months, the bank will remind you about your pending dues and if the request goes unheard a legal notice will be issued demanding your reimbursement of the loan. Defaulting on your Gold Loan results in a decrement of your credit score and makes you accountable for all the legal activities performed by the bank including requisition of your gold.