BAJAJ FINSERV DIRECT LIMITED
✓ No Limit on Loan Amounts ✓ Interest Rate Starting @0.74% p.m. ✓ Minimal Documentation

Gold Loan Statement

Access your Gold Loan statement online to keep track of repayments, EMIs, and loan details. Bajaj Markets makes it simple to download and manage your statement anytime.

Keeping track of your gold loan can be challenging without the right information at hand. A gold loan statement helps you stay informed about your outstanding balance, repayment dates, and more. It gives a clear view of your loan status, helping you avoid missed EMIs and manage finances.

What is a Gold Loan Statement?

A gold loan statement is an official financial document provided by your lender. It outlines all the details and transactions related to your gold loan. This includes the sanctioned loan amount, interest rate, repayment history, outstanding balance, and specifics of the pledged gold.

It helps you track repayments, manage your finances better, and maintain transparency with the lender. It also serves as documented proof of your financial commitments. You can access your gold loan statement online via the lender's website or mobile app, or offline by visiting the branch.

Different Ways to Check or Download Your Gold Loan Statement

You can check or download your gold loan statement through various online and offline methods, depending on your convenience. These include:

  • Customer Care 

Call the lender’s customer support number and request your statement. After verifying your identity, the representative will send the statement to your registered email or mobile number.

  • SMS Request

Some lenders offer an SMS facility. You can send a specific keyword to a designated number and receive your statement or loan summary via SMS.

  • Email Request

Send an email from your registered email ID to the lender’s customer support. Include your loan account number and request the statement. You will typically receive a PDF version via email.

  • Website Portal

Log in to your lender’s official customer portal using your credentials. Navigate to the gold loan section and download or request your statement instantly.

  • Mobile App

Use the lender’s official mobile app to access your gold loan account. You can download or even share the statement directly from the app.

  • Branch Visit

Visit the nearest branch with a valid ID proof and loan details. Request a printed copy of your gold loan statement at the customer service desk.

  • Postal Request

Write a formal letter requesting your statement, attach a copy of your ID proof, and send it to the lender’s registered postal address. The lender will mail the statement to your registered address.

Steps for Checking Your Gold Loan Statement Online

Accessing your gold loan statement via the lender's website or mobile app is a quick and convenient process. With just a few simple steps, you can view your statement anytime:

  1. Open the lender’s official website or download the official mobile banking app

  2. Log in using your registered mobile number, customer ID, or user credentials

  3. Complete OTP verification or enter your date of birth for authentication

  4. Navigate to the loan or gold loan section

  5. Look for an option to view documents or statements

  6. Choose your gold loan account number from the list (if you have multiple accounts)

  7. Select the option to view your account summary or loan statement

Checking your gold loan statement online saves time and gives instant access to your loan details.

Steps to Download Gold Loan Statement

You can easily download your gold loan statement online through the lender’s official platform. After logging in, follow these steps to get a digital copy of your statement:

  1. Log in to your lender’s official website or mobile app

  2. Navigate to the loan section in the menu

  3. Look for an option to view or download documents

  4. Select your gold loan account or enter loan details if required

  5. Choose to view or download the account statement or summary

You can save this digital copy for record-keeping or share it for easy reference.

What Does a Gold Loan Statement Include?

A gold loan statement provides a clear summary of your loan account. It helps you monitor key details throughout the repayment period. Here are a few details it typically includes: 

  • Borrower Information: Includes your name, account number, and contact details

  • Loan Summary: Displays the loan amount, tenure, disbursal date, and maturity date

  • Transaction History: Shows instalments paid with a breakdown of principal and interest

  • Outstanding Balance: Indicates the remaining amount yet to be repaid

  • Collateral Details: Provides a description and valuation of the pledged gold

  • Charges and Penalties: Lists any fees or penalties charged during the loan tenure

How to Read your Gold Loan Statement?

A gold loan statement provides a detailed overview of your loan activity, helping you monitor repayments, interest, and outstanding dues. Here is how to understand each part:

  • Verify Your Personal and Loan Details

Ensure your name, loan account number, and branch information are accurate. This confirms that the statement belongs to your account.

  • Review the Loan Summary

Check the sanctioned amount, disbursement date, loan tenure, and maturity date. Also, verify the weight and purity of the pledged gold.

  • Understand Interest Details

Note the applicable interest rate, interest accrued, and payment frequency (monthly or at maturity). This helps you assess your total borrowing cost.

  • Track Transactions

Compare payment dates and amounts with your own records. Confirm if all fees, repayments, and adjustments are correctly reflected.

  • Check Outstanding Balance

Review the remaining principal and interest to understand how much is left to repay. This can help you plan future EMIs or prepayments.

Benefits of a Gold Loan Statement

A gold loan statement helps maintain clarity between the borrower and lender regarding repayment status and loan terms. Key benefits include:

  • Comprehensive Record-keeping

The statement gives a detailed record of every loan-related transaction, including disbursal, interest charged, payments made, and outstanding dues, helping you maintain accurate financial records.

  • Payment Accuracy

Regularly reviewing your statement helps confirm that all your repayments are correctly recorded. This minimises the risk of errors, missed payments, or late fees.

  • Transparency and Dispute Resolution

A well-structured statement removes ambiguity about your loan balance, interest, or fees. This transparency builds trust and helps quickly resolve discrepancies, if any.

FAQs on Gold Loan Statement

What is a gold loan statement?

A gold loan statement is an official document that tracks all activities related to your gold loan. It includes details such as the disbursed amount, interest charged, repayments made, and the current outstanding balance.

You can check your gold loan statement through your lender’s website, mobile app, by contacting customer care, or by visiting a nearby branch.

Log in to your lender’s official website or mobile app and go to the gold loan section. Then, select your account and choose the option to download or view the statement.

Digital statements are usually free. However, you may be charged a nominal fee for printed copies or physical statement requests.

Yes, most lenders offer monthly gold loan statements, which can be accessed through their digital platforms.

Your statement includes borrower information, loan account number, disbursed amount, interest rate, repayment history, pledged gold details, and outstanding dues.

You can request it by calling customer service, sending an SMS, emailing support, visiting a branch, or sending a formal letter by post.

Regular checks help you stay updated on your repayment status, avoid missed EMIs, and plan your finances more effectively.

Yes, it can serve as supporting documentation for financial audits or when claiming eligible tax benefits.

Immediately contact your lender through their helpline, app, or email. You can also visit their branch to report and resolve the discrepancy in person.

Gold loan statements are typically updated on a monthly basis to reflect recent payments and interest accruals.

A gold loan amortisation schedule is a table showing the breakdown of each EMI into principal and interest components over the loan tenure.

Gold loan entries appear in bank statements as credits for disbursements and debits for repayments, with references to the loan account.

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