BAJAJ FINSERV DIRECT LIMITED

Our Products

Loans

Cards

Insurance

Investment

Stock Market

Electronics Mall

CIBIL Score

Knowledge Centre

Calculators

Lending Insight

Best Gold Loan Providers Based on Lowest Interest Rates

Pradnya Ranpise

Overview

Understand how to find the best gold loan provider in India. Check the lowest interest rates from the top gold loan companies in India on Bajaj Markets, and make a well-researched decision. 

Gold loans offer a quick way to raise funds without selling family jewellery or coins. In India, many borrowers prefer this option because it can be faster and more flexible than some unsecured loans. Interest rate, loan amount, loan-to-value ratio, and tenure all affect how affordable a gold loan feels over time. 

On Bajaj Markets, you can compare some of the lowest and best gold loan interest rates in India from different partners all at one place. Decide on a suitable combination of rate, amount, and repayment period and apply for a gold loan online. Understanding these details can help you explore gold loan offers as per your needs.​

List of Best Gold Loan Interests Rate Providers on Bajaj Markets

On Bajaj Markets, gold loan interest rates start from glminint p.a., with partner offers differing in minimum loan amount and tenure. Check the details of some of the best gold loan companies in India in the table below:

Lender Starting Interest Rate Minimum Loan Amount Maximum Tenure

Rupeek

9.48% p.a.

₹25,000

12 months

Bajaj Finserv

9.50% p.a.

₹5,000

12 months

Muthoot FinCorp ONE

9.96% p.a.

₹1,550

12 months

indiagold

10.20% p.a.

₹3,000

12 months

IIFL Finance

11.88% p.a.

₹20,000

24 months

Fedfina

12% p.a.

₹50,000

12 months

Disclaimer: The gold loan interest rates mentioned above are subject to change at the lender’s discretion.

Benefits of Applying for a Gold Loan from Available Lenders

Applying for a gold loan online from some of the best gold loan companies in India as available on Bajaj Markets provides several practical advantages: 

  • Quick Disbursal 

Gold loans often enable faster disbursal because the borrowing is secured against gold, reducing income-based checks and supporting urgent funding requirements.

  • Minimal Documentation 

Documentation requirements are generally minimal, usually limited to basic KYC and simple forms, which can ease the process for new borrowers.

  • Safe Gold Storage 

Pledged gold is kept in secure, insured vaults during the loan tenure, which may be safer than home storage and offers added peace of mind.

  • Flexible Repayment Options 

Gold loans often provide flexible repayment structures, including EMIs, interest-only options, or bullet payments, allowing borrowers to match repayments with their cash flow.

  • Lower Interest Rates 

Because gold loans are secured, interest rates may be lower than unsecured alternatives, making a low interest gold loan in India more cost-efficient.

  • No End-Use Restriction 

Most gold loans come without end-use restrictions, enabling borrowers to use funds for education, healthcare, business needs, or personal commitments responsibly.

Taken together, these features make gold loans a practical short-term borrowing option when liquidity, flexibility, and cost control matter most. 

Factors to Consider Before Applying for a Gold Loan

Before choosing the best gold loan provider in India for your needs, it helps to check a few important elements beyond just the headline rate: 

  • Loan-to-Value Ratio

Understand the Loan-to-Value ratio, which limits borrowing against gold value, since higher LTVs increase risk and can sometimes raise overall borrowing costs.

  • Gold Purity and Valuation

Check how gold purity, weight, and valuation method affect eligibility, as lenders usually accept jewellery above minimum karat purity at prevailing market prices.

  • Additional Charges

Review all charges beyond interest rates, including processing, valuation, foreclosure, and convenience fees, because these extras can significantly increase the effective loan cost.

  • Tenure and Repayment Flexibility

Evaluate tenure options and repayment flexibility carefully, ensuring EMIs or bullet payments suit your budget, as shorter tenures cut interest but raise monthly outflow.

  • Gold Storage and Insurance

Confirm the security, storage, and insurance arrangements for pledged gold, and ensure the lender clearly explains where and how your jewellery will be safeguarded.

Keeping these factors in mind can help you choose a gold loan that balances cost, flexibility, and security more effectively. 

How to Apply for a Gold Loan on Bajaj Markets?

Applying for a low interest gold loan in India on Bajaj Markets usually involves a simple online journey followed by an offline gold evaluation. Here is the simple step-by-step process: 

  • Step 1: Click on the ‘Check Eligibility’ button on this page. 
  • Step 2: Provide your basic personal information as asked. 
  • Step 3: Enter the gold loan amount you wish to borrow. 
  • Step 4: Check all the details given and click on ‘Submit’. 

Your application will be reviewed and an executive will get in touch for further proceedings. 

Conclusion

Finding the best gold loan company in India for your situation involves more than picking the lowest advertised rate. An online financial marketplace like Bajaj Markets lets you compare multiple partners in one place, which can make comparison easier and more transparent. 

Here, you can choose from various loan amounts, tenures and gold loan interest rates in India. By checking key factors like rate slabs, LTV, tenure, charges, and documentation clearly, you can select a product that matches your requirements.

Frequently Asked Questions

Which bank has the lowest interest on gold loans?

Interest rates on gold loans vary widely, and the lowest rate at any time depends on current partner offers and your eligibility profile. On Bajaj Markets, you can explore low interest gold loans in India starting from glminint p.a. Compare partners and their loan terms to find your most affordable option.

Can I get an interest-free gold loan?

Gold loans are credit products, so interest is normally charged on the sanctioned amount. Some schemes might offer promotional benefits or flexible repayment structures, but they still involve interest or related charges over the tenure. Before applying, it is advisable to read the detailed schedule of interest and fees to avoid confusion.

What is the minimum gold loan amount from Bajaj Finserv?

On Bajaj Markets, you can apply for a Bajaj Finserv Gold Loan starting from ₹5,000. The exact minimum you can actually get will depend on the scheme you select, gold valuation, LTV and other eligibility inputs captured during the application journey.

How do gold loans work?

Gold loans are secured loans where you pledge gold jewellery or eligible coins in exchange for a loan based on purity, weight and current market price. You receive funds according to the approved LTV, repay through the chosen plan, and get your gold back once the full amount and any applicable charges are cleared.

Can I get a gold loan on any jewellery?

Gold loans usually require jewellery to meet certain purity and quality standards, often within a specific karat range. Items with stones, low purity, or unusual designs may be valued differently or sometimes excluded. It is important to check eligibility criteria and documentation before applying.

Hi! I’m Pradnya Ranpise
Financial Content Specialist

Pradnya has over 5 years of experience in content marketing, with certifications from both SEMrush Academy and HubSpot Academy. Having worked across multiple industries, she has now honed her focus on the finance sector, covering topics such as insurance, loans, investments, and payments. She is known for breaking down complex financial topics into simple, clear content that empowers readers to make informed decisions.With a genuine passion for helping people understand their finances, Pradnya’s expertise shines through her work, as she delivers trustworthy, authoritative content backed by real industry knowledge.

Home
Steal Deals
CIBIL Score
Free Cibil
Explore