Did you know India holds over 25,000 tonnes of gold in households, making it one of the largest private gold reserves in the world?
Well, gold has always held a special place in Indian households, not just a piece of jewellery but also a trusted asset that carries emotional and financial value.
In recent years, more people are turning to gold loans to manage both planned and unplanned expenses. Whether it is paying for education, covering medical costs, or funding home repairs/renovations, a gold loan gives you quick access to funds without selling your jewellery. With Bajaj Finserv Gold Loan, you get loans from Rs. 5,000 to Rs. 2 crore with fast loan approval, competitive interest rates, and an easy application process.
In 2025, borrowers are closely watching gold loan interest rates. These interest rates are influenced by several factors, including gold prices, market conditions, and RBI policies. While rates may vary slightly across lenders, gold loans are generally considered one of the most affordable forms of credit because they are secured.
Bajaj Finance offers competitive interest rates, often ranging within affordable limits to suit different borrowers. This means you can borrow against 18-22 karat gold jewellery without worrying about heavy interest costs.
Applying for a gold loan is simple, and eligibility is not complicated. To apply, you generally need to:
● Be an Indian citizen
● Be aged between 21 and 70 years
● Own gold jewellery that you are willing to pledge
Unlike other loans, you do not need a high credit score or income proof. Your gold itself acts as the security, making it accessible to a wide range of people. Though for loan above Rs. 5 lakh you might be asked to submit your PAN card for verification.
With Bajaj Finance, you need any one of the following documents:
● Aadhaar card
● Voter ID
● Passport
● Driving licence)
● NREGA job card
● Letter from the NPR
That is all, just need these documents to gold loan apply online or offline. Since the paperwork is minimal, your loan is processed quickly.
When you choose Bajaj Finance, you enjoy several features designed to make borrowing easy:
● Quick approval: Loan disbursal often happens in just one branch visit.
● Loan amount flexibility: Depending on your gold weight and purity, you can borrow from Rs. 5,000 to Rs. 2 crore.
● Competitive interest rates: Ranging from 9.50% to 24% p.a., depending on your loan amount and gold purity.
● Multiple repayment options: Pay interest monthly, bi-monthly, quarterly, half-yearly, annually, or repay the principal at the end of the tenure.
● Free insurance: Pledged gold is insured against theft, burglary, and fire.
● No hidden charges: Transparent process with zero surprises.
● Minimal paperwork: Start the loan process quickly with just one KYC document, making it easy to get things moving.
With Bajaj Finance, you can apply in two simple ways:
Visit a branch: Carry your gold ornaments and KYC documents to the nearest branch. The gold is valued, and the loan is approved quickly.
Apply online: You can start the process from the comfort of your home. Once you submit your details, you will be guided on the next steps to complete verification and get your loan approved.
Both options are quick, and in most cases, you get the loan amount disbursed on the same day.
With the global economy facing uncertainties, gold continues to be a reliable asset. For you, pledging gold jewellery for a loan is a smart way to manage urgent needs without disturbing your savings. The possibility of falling gold loan interest rates in 2025 makes it even more attractive.
By choosing Bajaj Finserv Gold Loan, you not only get quick access to funds but also enjoy competitive interest rates, convenient repayment plans, and a hassle-free application process. So, whether it is a planned expense like education or an unplanned one like a medical emergency, your gold can support you when you need it the most.
Plan your financial journey better, apply for a Bajaj Finserv Gold Loan today!
Disclaimer: This content is part of a marketing initiative.