✓ No Limit on Loan Amounts ✓ Interest Rate Starting @0.79% p.m. ✓ Minimal Documentation Check Eligibility

Get a Bajaj Finserv Gold Loan of up to ₹2 Crores on Bajaj Markets and enjoy affordable interest rates starting at 9.50% p.a. Choose a convenient repayment timeline of up to 1 year. Apart from these benefits, you can enjoy additional perks like industry-grade standards of operation and security and zero foreclosure charges.

Interest Rates & Charges

Bajaj Finserv Gold Loan interest rates and charges are as follows:

Fees and Charges

Amount (₹) / Percentage (%)

Interest Rates

9.50% - 28%

Processing Fee

  • 0.12% of the loan amount (Inclusive of applicable taxes)

  • Subject to a minimum ₹99 (Inclusive of applicable taxes) & maximum of ₹600 (Inclusive of applicable taxes)

Stamp duty (as per respective state)

Payable as per state laws and deducted upfront from loan amount

Cash Handling Charges

₹50 (Inclusive of applicable taxes). Applicable for cash disbursement only

Penal Charge

₹8 per day on Outstanding Balance - Penal charge will be over and above the interest rate slab mentioned above which shall be applicable/chargeable in case of default in repayment of the Outstanding Dues post maturity.

Part Pre-payment Charges


Foreclosure Charges

Minimum 7 days interest

Scenario – Foreclosure charges are “0”, but in case the customer closes the loan within 7 days of booking, minimum 7 days interest is charged

Cash Deposit Charges

Customers will incur a cash deposition charge of ₹50 (Inclusive of applicable taxes) when making cash payments at our branch offices

PG Facility Charges

₹11 (Inclusive of applicable taxes) will be charged for utilising the payment gateway to make part or full payments towards the loan through digital properties

Convenience Fee

Convenience fee of ₹149 (Inclusive of applicable taxes) shall be levied for release of ornament/s out of multiple ornaments securing the Gold Loan

Auction Charges

  • Charge for Physical Notice :

    ₹40 (Inclusive of applicable taxes) per Notice

  • Recovery Charges :

    ₹500 (Inclusive of applicable taxes)

  • Advertisement Fee :

    ₹200 (Inclusive of applicable taxes)

Tentative Event of Default for Auction Process

The occurrence of any (or a combination thereof) of the following indicative events or circumstances shall constitute an event of default.

  1. The borrower fails to pay any EMI or the outstanding dues on or before the due date or commits a breach of any of the terms, covenants or conditions contained in the gold loan documents

  2. If the required margin is not maintained

  3. If the gold jewelry deposited is found to be fake, defective, stolen, spurious or of inferior quality

  4. If the borrower commits an act of insolvency or if the borrower is adjudged or declared insolvent or bankrupt or if a liquidator, receiver, or official assignee is appointed in respect of any property or estate of the borrower

  5. The lender, for any regulatory or other reasons, is unable or unwilling to continue the loan

  6. The borrower defaults in payment of any other loan with the lender or any other creditors

  7. If any representations or statements or particulars provided in the application form and under the loan documents are found to be false, misleading, or incorrect

  8. There exist any circumstances that jeopardize the lender's interest in the lender's opinion.

Auction Process

The gold auction process incorporates the auction of the gold jewelry pledged by the Borrower in the event of default by the Borrower(s), as enumerated under “Events of Default” as mentioned above. In the event of default, Bajaj Finance Limited may initiate the auction process. The auction process involves the following steps:

  1. Intimation notices to the borrower

  2. Default notices to the borrower

  3. Auction intimation notice to the borrower

  4. Advertisement for conducting auction

  5. Guidelines to conduct auction

  6. Documentation of auction event

  7. Delivery of gold jewelry

  8. Loan adjustment

  9. Post auction communication to the borrower


  • The values given above may vary according to the policies and regulations of the financial organisation

  • Penal interest rates will be over and above the interest rates mentioned above

  • It shall be chargeable to the borrower in case of non-payment of dues after maturity

  • Cash handling charges are applicable if disbursement is made in cash

  • Although foreclosure charges are zero, you will have to pay interest for at least 7 days if you have closed the loan within 7 days of booking

  • Auction charges are inclusive of applicable taxes

Features and Benefits

Check out the attractive features and benefits of the gold loan by Bajaj Finserv:

Higher Loan Amount

Get ample funding of up to ₹2 Crores to meet your financial obligations effortlessly

Competitive Interest Rates

Enjoy high affordability with interest rates starting at just 9.50% p.a

Multiple Repayment Options

Repay the loan through regular monthly, bi-monthly, quarterly, half-yearly, or annual payments. You can also make partial payments based on your convenience.

No Prepayment or Foreclosure Charges

Close the gold loan anytime without worrying about any prepayment or foreclosure charges

Gold Withdrawal

Take a part of the pledged gold by depositing money equivalent to the value of the collateral

Eligibility Criteria and Documents Required

You need to meet the following eligibility criteria to apply for the gold loan: 

  • Age Criteria: Your age must be between 21 and 70 years 

  • Eligibility of Gold: The gold must be between 18 to 22 karats. Gold bars or gold coins do not qualify as collateral


Here are the documents you need to submit:

  • Address Proof: Any one of the following   

  1. Aadhaar Card

  2. Valid Passport

  3. Valid Driving Licence

  4. NREGA Job Card

  5. An issued letter from the National Population Register

  6. Voter ID Card

  • Identity Documents: Any one of the following

  1. Aadhar Card

  2. NREGA Job Card

  3. Valid Passport

  4. Voter ID Card

  5. Valid Driving Licence

Given above are OVDs (Officially Valid Documents) and often, address discrepancies exist in such documents. As a temporary solution, the applicant can provide the following documents to register an address for a Bajaj gold loan. However, the borrower is required to submit OVDs with the updated address within three months of application.

  • Pension or family pension document

  • Utility bill of the current or previous month

  • Property or Municipal tax receipt

  • Letter of allotment of accommodation from employer

How to Apply?

You can apply for a Bajaj Finserv Gold Loan online by following these simple steps:

  • Click on ‘APPLY NOW’ at the top of the page

  • Enter your personal details, such as your name, mobile number, date of birth, required loan amount, pincode, email address, etc.

  • Once all the details have been filled in accurately and submitted, a representative will contact you to continue with the process

Gold Loan


What is the tenure of the Bajaj Finserv Gold Loan?

This type of credit has a fixed tenure of 12 months.

Can I prepay the gold loan? Are there any charges levied on prepayment?

Yes, you can prepay your loan amount, and there are no charges or penalties levied on prepayment.

What is the quality range accepted by Bajaj Finserv for jewellery loans?

The quality of the gold offered as collateral must be between 18 and 22 karats.

Do I require a guarantor to get a Bajaj Finserv Gold Loan?

No, a guarantor is not required to authorise a gold loan.

What happens if I fail to repay the loan amount on the due date?

Not being able to repay one’s loan amount or an EMI repayment brings numerous consequences upon the borrower. Some lenders could extend deadlines and due dates in favour of the borrower and allow them some more time. 

If the borrower extends 180 days without repaying the loan amount, the lender can take legal action against the borrower under the Negotiable Instrument Act of 1881. The lender also has the right to auction the collateral if the borrower fails to repay the loan.

In conclusion, the borrower’s credit health would be severely impacted along with their legal records and history as a country citizen.

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