• Overview
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What is Gold Loan?
Gold is one of the most precious and popular metals in India. And gold loan serves as a viable financial instrument to obtain credit quickly. Apply for a gold loan on Bajaj Markets today.
  • Loan amount – Starting from ₹1500
  • Interest rate starting from 0.59% p.m.
  • Tenure - 7 days to 36 months
  • Gold from home option available
How to Apply for Gold Loan
Begin your application from here and get started with these easy steps:
  • 1 Enter your name, mobile number, date of birth, required loan amount and Pincode
  • 2 Once you fill in the details, a loan representative will get in touch with you for further processing
Our Loan Partners
Bajaj Finserv
indiagold
Muthoot Finance
Muthoot Fincorp One
Rupeek
IIFL
Axis Bank
Banks Interest Rate Loan Amount Repayment tenure Associated Charges Eligibility Criteria Basic Documents Required
Bajaj Finance (NBFC)
9.50% p.a.* - 28% p.a.*
Starting from ₹5,000*
12 months*

Convenience Fee: Rs. 149/- (Inclusive Of Applicable Charges). Applicable for part release only

Penal Charge: "Any Payment Default shall attract penal charges of Rs. 8 per day for period of such delay from the respective due date and continue to apply until the date of receipt of amounts under the said Default."

Cash Deposit Charges: Rs. 50 /-

PG facility charges:Rs. 11 /-
  • You must be an Indian citizen
  • Age must be between 21 and 70 years
  • Aadhaar Card
  • Passport
  • Driving License
  • Voter ID
  • NREGA job card
  • Letter issued by National population register
India Gold
Starting at 9.24% pa
Starting from ₹20,000*
61 days - 12 months*
Processing fee: Nil Foreclosure charge: Nil
  • The applicant must be above 21 years.
  • For balance transfer cases, the applicant must have a CIBIL Score of above 550
    Fresh Loan
  • PAN Card
  • Aadhaar Card

    • Balance Transfer
  • PAN
  • Aadhaar Card
  • Income Proof (Bank statement/ITR/GST certificate)
Muthoot Fincorp One
Starting from 0.83% per month*
Starting from ₹15,000*
3 months - 12 months*
Processing fee: Zero*
  • The age of the applicant must be above 18 years
  • Proof of identity (Aadhaar card, Voter ID card, Passport, PAN Card)
  • Address proof (Aadhaar card, Voter ID card, Passport)
  • Utility bill or Lease agreement
Muthoot Finance
0.83% per month*
Starting from ₹1,500*
7 days - 36 months*
Security Charges: 0.15%* of loan amount- Minimum Rs.60*- and Maximum Rs.600*- (Rest of India)
  • The applicant must be above 18 years.
  • The applicant must be a resident of India.
  • Proof of identity (Aadhaar card, Voter ID card, Passport)
  • Address proof (Aadhaar card, Voter ID card, Passport) or utility bills
Rupeek
Starting at 8.88% pa.
Rs. 25,000 to Rs. 1.5 Crores*
3 months to 12 months
Processing fee: 0%-1% of the loan amount Foreclosure Fee - Nil*
  • The age of the applicant must be above 18 years
  • The applicant must possess gold items of the recommended purity
  • ID proof (PAN card, Driver’s license, Aadhaar card, Voter ID, or Passport)
  • Address proof (Driver’s license, Aadhaar card, Voter ID, or Passport)
  • Utility bill or Lease agreement
IIFL
Starting from 0.99% p.m. (11.88% p.a.)
Up to ₹30 Lakhs
Up to 5 years
Processing Fee: ₹0 onwards Foreclosure Charges: Nil
  • The applicant must fall under the age bracket of 18-70 years
  • The applicant must be either salaried, self-employed, trader, farmer, or a professional
  • The gold submitted by the applicant should have a purity of 18-22 Karats
  • Identity proof: PAN card/Driver’s license/Aadhaar card/Voter ID/Passport
  • Address proof: Driver’s license/Aadhaar card/Voter ID/ Passport/Electricity bill/Rent agreement/Bank statement
Axis Bank
10% p.a. onwards
Up to ₹25 Lakhs
Up to 3 years
Processing fee:
  • For loan amounts up to ₹2 Lakhs - ₹300/case
  • For loan amounts above ₹2 Lakhs - 0.5% of the loan amount
Foreclosure Charges: 2%, if the loan account is closed within 6 months of the tenure
Valuation Fee: ₹500 to ₹1,500
  • The applicant should fall under the age bracket of 18 to 75 years
  • KYC
  • 2 photographs
  • PAN or Form 16
  • Age proof
  • Agricultural land records – if applicable
*T&C Apply
• What is a gold loan?
A gold loan is a secured form of loan where you can provide collateral in the form of gold articles, in exchange for an amount that is determined by the current market value of your gold.
• Who can avail a gold loan?
Any citizen of India, between the age of 18 and 70 years, and is either a salaried or self-employed individual, can apply for a gold loan.
• Can I prepay the loan amount?
This feature varies between each lender, where some allow you to pre-pay the loan amount with no additional charges while others may levy a fee for this service.
• What will happen if I am unable to repay the gold loan amount?
In most cases, the lender will charge an overdue fee over the gold loan amount. However, if you’re still unable to repay the amount, the collateral you’ve pledged will be auctioned.
• Is a guarantor necessary for a gold loan?
No, a guarantor is not required to avail a gold loan.
• Is my gold secured if I avail a gold loan?
Yes, the gold pledged by you as collateral would be highly secure with the lenders since the articles are kept under electronic surveillance. Lenders also offer insurance for the gold deposited with them.