✓ Gold Loan up to 2 Cr ✓ Interest Rate Starting @ 10% ✓ Highest Gold Loan / Gram

We all need a life of luxury with financial security. And to achieve this convenience, we often seek financial assistance. This is where a gold loan comes in, as one of the quickest ways to obtain credit. As one of the most coveted metals, gold has always been an integral part of wedding ceremonies, celebrations and cultural events in India. By pledging your gold articles as collateral, you can take a loan up to 75% of the current market value of your gold articles. You can now apply for a Gold Loan on Bajaj MARKETS.

Gold Loan - Details

Here are some important details you should know before choosing to apply for a gold loan:

Rate of Interest

Starting from 10%

Amount of the Loan

Rs. 5000 - Rs. 2 Crores

Tenure of the Loan

12 months

Processing Fee

Rs. 75 of the loan amount (Inclusive of applicable taxes)

Gold Loan Features and Benefits

These are the features and benefits you can avail by applying for a loan against gold:


  • Maximum Loan Amount of up to Rs. 2 Crores: You can avail an amount matching up to Rs. 2 Crores against your gold articles for all your immediate financial requirements.

  • Easy repayment solutions: Pay regular EMIs or opt to pay interest periodically; you can select from a comprehensive suite of repayment option.

  • Part release facility: You can release pledged gold item partially when necessary by repaying the equivalent amount  

  • Transparency in Evaluation: The market value of the deposited gold articles is carefully evaluated and calculated using industry-grade karat meters. So, you can rest assured that you get the right value for your collateral. 

  • Industry Best Safety Protocols: Your gold items are stored in high quality vaults in motion detector-equipped rooms and monitored 24*7.

  • Effortless Application Process: The process of applying for a gold loan is very quick and transparent, which makes it ideal for urgent monetary requirements.

  • Part-Prepayment & Foreclosures: While taking a gold loan, you are given an option to either repay part of the amount or foreclose the entire loan, with no cost incurred to you.

Gold Loan Eligibility Criteria

To be eligible for a gold loan

  • You must be an Indian citizen between 21 and 70 years of age

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

Documents Required for Gold Loan

Have the following documents handy while applying for a Gold Loan:

Identity Proof:

  • AADHAAR Card

  • Passport

  • Driving Licence

  • Voter ID

  • NREGA job card

Address Proof:

  • AADHAAR Card

  • Passport

  • Driving Licence

  • Voter ID

  • Utility Bills

How to Apply for a Gold Loan

Applying for a gold loan takes less than a minute via Bajaj MARKETS. Here are the basic steps required:


  • Step 1: Visit the apply for gold loan page, on the Bajaj MARKETS website.

  • Step 2: Enter your name, mobile number, date of birth. Also select state, city, and nearest branch.

  • Step 3: Once you’ve filled in the details, a loan representative will get in touch with you for further processing of your application.

Key Points to Consider before taking a Gold Loan

Here are some factors to bear in mind while considering taking a gold loan:


  • Loan Amount Offered: It is important to note that the loan amount authorised depends on the gold you pledge as collateral. Additionally, the loan amount offered varies for every lender. Therefore, while choosing to take a gold loan against your securities, you must ensure that you have the required value of gold with you to ensure a smooth transaction. 

  • Rate of Interest: Gold loan interest rates are lower than rates applicable on unsecured loans, due to the collateral pledged as security. However, the rate of interest varies from lender to lender, so it is best to compare the rates offered in the market and choose the one that suits you best. 

  • Applicable Charges: Besides the rate of interest, lenders also tend to levy additional charges, such as processing fees, documentation fees, appraiser fees, and loan overdue fees. It is viable to consider these factors before choosing an appropriate lender to meet your requirements. 

  • Tenure: Another aspect to bear in mind is the tenure for your gold loan. It is 12 months in this case. The tenure you select affects your EMIs, so make sure you choose the tenure as per your own convenience. 

  • Lender’s Credibility: Regardless of the offers provided by lenders, it is recommended to conduct appropriate market research to determine the credibility of a lender for your gold loan, and consider aspects such as the safety measures they undertake, reviews, customer service channels offered, and so on.

  • Repayment Schedule: Another important criterion to keep in mind is the flexibility offered in the repayment of the loan. The repayment mode such as EMIs or other fixed payment periods often differ from lender to lender, so choose the right one according to your repayment plans.

So why wait! Get a Gold Loan of up to Rs. 2 Crores, with flexible repayment tenures and attractive rates of interest.

Frequently Asked Questions about Gold Loan

  • ✔️What is a gold loan?

    A gold loan is a secured form of loan where you can provide a 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, either a salaried or self-employed individual, between the age of 21 and 70 years can apply for a gold loan. 

  • ✔️Is it possible to get a gold loan on jewellery?

    Yes, you can get a get a gold loan on jewellery.

  • ✔️What is the gold loan offered per gram?

    A gold loan offered per gram is determined by the total weight of the gold, its purity and a 30-day average price of the gold, on the karat value basis.

  • ✔️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 necessary for authorising 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.