Get a Fedfina Fast Gold Loan on Bajaj Markets with quick approval, high LTV, and secure gold storage.
Fedfina offers gold loan services at affordable rates starting from 12% annually on Bajaj Markets. These secured loans offer you flexibility and come with no end-use restrictions. Apply for the loan through a simple online application process and minimal documentation requirements. You can also benefit from doorstep gold loan services, which allow you to get the loan from the comfort of your home or office. Here are some important details of the Fedfina Fast Gold Loan that you should know:
Minimum Loan Amount |
₹50,000 |
Maximum Loan Amount |
₹10,00,000 (₹1,00,00,000 if done jointly*) |
Interest Rate |
Starting from 12% p.a. |
Tenure |
Up to 12 months |
Loan-to-Value (LTV) Ratio |
Up to 75% |
Disclaimer: The mentioned details are subject to change at the discretion of the lender.
Here are the interest rates and charges applicable on loans against gold from Fedfina:
Interest Rate |
12% p.a. onwards |
Processing Fees |
Up to 1.25% |
Late Payment Fees |
12% p.a. |
Disclaimer: The mentioned rates are subject to change at the discretion of the lender.
Here are the eligibility requirements you need to fulfil for getting Fedfina Fast Gold Loan:
You must be between 18 and 69 years of age
The gold you wish to pledge must have a purity level above 18K
You must be a permanent Indian resident/living on rent with proof of communication address
Here are some documents you need to submit when applying for Fedfina loans:
Aadhaar card
PAN Card
Get loan amounts starting from ₹50,000 by pledging your gold as collateral
Fedfina Gold Loan interest rates start from 12% p.a.
You can get a high loan-to-value (LTV) of up to 75% against the gold you pledge
You are allowed to get a loan with gold evaluation and processing at your doorstep
Along with an easy gold loan process, Fedfina also offers a quick disbursal within 15 – 20 minutes
With a timeline of 1 year, you can repay your loan based on your convenience
Follow these simple steps to apply for a Fedfina Gold Loan on Bajaj Markets:
Step 1: Click on ‘CHECK ELIGIBILITY’ on this page, or download the Bajaj Markets app for Android or iOS
Step 2: Select ‘New Gold Loan’
Step 3: Fill in your personal details, such as your name, mobile number, and date of birth
Step 4: Enter the loan amount you wish to request and your PIN code
Step 5: Choose your gender (male, female, or other) and provide your email address
Step 6: Click on ‘SUBMIT’
After this, a representative of Fedfina will reach out to you for further proceedings. You can then schedule an appointment to get the value of your gold appraised.
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
Fedfina gold loan is completely secure. The gold remains in a highly protected vault until the loan's maturity.
You can pledge your gold ornaments as collateral; the loan amount is determined by the purity and the net weight of the gold you submit. This means standard jewellery items are accepted and evaluated on their fineness and grams before sanctioning the loan.
The loan amount is disbursed on the same day the lender receives your duly filled and signed application form, documents, and gold jewellery as security. Same-day disbursement is subject to completion of the branch verification and the in-house gold evaluation process.
Yes, Fedfina charges a nominal processing fee and a gold evaluation fee at the time of application. These charges are disclosed to customers upfront so that there are no surprises during the application process.
You can reclaim your pledged gold ornaments by timely repaying the borrowed amount as specified in your Fedfina gold loan agreement. Once the loan is repaid according to the terms, the lender will return the jewellery to you in accordance with its custody and release procedures.
First-time borrowers who do not yet have a credit score are eligible to apply for a gold loan from Fedfina. Borrowers with a low credit score may still be considered. However, note lending is subject to a credit assessment at the branch level.
You may use a Fedfina gold loan for any lawful purpose except for funding prohibitive or speculative activities. Common uses include financing a child’s education, marriage expenses, hospitalisation, business expansion, debt consolidation, etc.