Bajaj Finserv Gold Loan

Updated on August 07, 2025

Author: MybankingTips Team

Bajaj Finserv offers gold loans at an interest rate of 9.50% per annum for loan amounts up to Rs 2 crore with a tenure of 1 year. You can get a Bajaj Finserv Gold Loan by pledging your gold jewelry of 18 to 22 carat purity. They claim to provide the loan within 15 minutes of applying and offer free insurance on your gold jewelry.

Bajaj Finserv Gold Loan Highlights
Interest Rate	9.50% - 28% p.a.
Processing Fees	NIL
Loan Tenure	1 year
Loan Amount	Rs 5,000 to Rs 2 crore
Gold Loan Repayment Facility	Monthly, Bi-Monthly, Quarterly, Half-Yearly and Annually
Collateral	Security of 18 to 22-carat gold jewellery

Bajaj Finserv Gold Loan Interest Rate

Bajaj Finserv gold loan interest rates begin at 9.50% per annum. The NBFC takes into account factors such as the applicant's credit profile, loan tenure, and quality of the gold jewelry offered as collateral when determining gold loan rates for its customers.

Particulars	Interest Rates (p.a.)
Gold Loan	9.50% - 28%

Also read: Best Gold Loan Interest Rate

Gold Loan Interest Rates Offered By Partner Banks & NBFCs

Bank/NBFC/Fintech	Interest Rate
State Bank of India	8.75% p.a. onwards	Apply Now
Axis Bank	17% - 19% p.a. onwards	Apply Now
Punjab National Bank	9.25% p.a. onwards	Apply Now
Bank of India	8.80% p.a. onwards	Apply Now
IndusInd Bank	8.80% p.a. onwards	Apply Now
Bank of Baroda	9.40% p.a. onwards	Apply Now
Union Bank of India	9.30% – 10.65% p.a.	Apply Now
Canara Bank	9.25% p.a. onwards	Apply Now
HDFC Bank	8.50% - 15.97% p.a.	Apply Now
Federal Bank	8.99% p.a. onwards	Apply Now
ICICI Bank	10% p.a. onwards	Apply Now
Bajaj Finserv	9.50% – 28% p.a.	Apply Now
Manappuram Finance	12% p.a. onwards	Apply Now
Bank of Maharashtra	9.30% p.a. onwards	Apply Now
Kotak Mahindra Bank	8% - 24% p.a. onwards	Apply Now
Indian Bank	0.77% per month	Apply Now
IIFL Finance	11.88% - 27% p.a.	Apply Now
Rupeek	8.88% p.a. onwards	Apply Now
Muthoot Finance	10.90% p.a. onwards	Apply Now
Shriram Finance	11.40% p.a. onwards	Apply Now

Types of Bajaj Finserv Gold Loan

Gold Loan

If you're considering a gold loan from Bajaj Finserv, you can use 18-carat gold jewelry as security. They also provide loans against embedded jewelry, where the loan amount is determined based on the value of the gold jewelry minus the weight of the stones.

Repayment Facility

Bajaj Finserv offers various repayment options for its gold loans, including monthly, bi-monthly, quarterly, half-yearly, and annually. Applicants can choose to repay the pending interest and principal at the end of the loan tenure.

Loan amount

You can get Bajaj Finserv gold loans for amounts up to Rs 2 crore.

Tenure

Bajaj Finserv offers gold loans with fixed tenures of 1 year.

Gold Loan Balance Transfer

Gold loan borrowers have the option to transfer their existing gold loan to Bajaj Finance through the Gold Loan Balance Transfer Facility. All they need to do is provide the details of their existing gold loan and Gold Deposit Receipt (GDR).

Also read: Best Gold Loan EMI Calculator

Bajaj Finserv Gold Loan Processing Fees & Other Charges

Particulars	Charges
Processing Fees	The charges for the gold loan balance transfer facility are 0.12% of the loan amount, with a minimum of Rs 99 and a maximum of Rs 600.
Part-payment Charges	NIL
Penal interest	3% p.a. on the outstanding loan balance
Cash Handling Charges	Rs 50 (applicable for cash disbursement only)
Stamp Duty	Payable as per state laws
Foreclosure Charges	There are no foreclosure charges for closing the loan. However, if the borrower decides to foreclose the loan within 7 days of booking, a minimum of 7 days' interest will be charged.
Auction Charges	Rs 500 for recovery charges Rs 200 for advertisement fee Rs 40/notice for physical notice

Eligibility Criteria for availing Bajaj Finserv Gold Loan

Bajaj Finserv provides gold loans to Indian residents aged between 21 to 70 years, using 18 to 22 karat gold jewelry as collateral.

Also read: Best Gold Loan Eligibility

Documents Required for Bajaj Finserv Gold Loan Application

Here is the list of documents (any one) required for availing Bajaj Finserv Gold Loan:

Passport
Aadhaar Card
Driving license
Voter ID Card
NREGA job card
Letter issued by National Population Registration

Additionally, PAN Card is required for gold loans of Rs 5 lakh and above.

Also Read : Best Gold Loan Documents Required

Features and Benefits of Bajaj Finserv Gold Loan

Here are the key features and benefits of the Bajaj Finance gold loan:

Processing fee: A nominal processing fee of Rs. 75 (inclusive of applicable taxes) is charged.
Part-prepayment and foreclosure charge: There are no charges for part-prepayment or foreclosure.
Loan amount: You can get a loan amount of up to Rs. 2 Crores for any significant personal or professional expenses.
Interest rate: The interest rate for Bajaj gold loans ranges from 10% to 28% per annum.
Easy repayment: You have the flexibility to repay your gold loan through regular Equated Monthly Instalments (EMIs) or by paying the interest periodically.
Safety: Bajaj Finserv ensures a transparent gold evaluation process, and your gold items are securely stored in vaults under 24x7 surveillance with motor detector-equipped rooms.

Features of availing gold loan from IndusInd Bank

Monthly payments are lower compared to other forms of credit.
Your gold offered as security is valued and sealed in your presence, ensuring peace of mind.
Easily walk into the bank with your gold, submit necessary documents, and get the loan amount disbursed to your bank account instantly.
Documentation process is easy and minimal. The bank offers gold loans at affordable interest rates. Women and those in agriculture-related professions may enjoy additional interest rate discounts.

Frequently Asked Questions

Yes, you have the option to repay your gold loan either through regular Equated Monthly Instalments (EMIs) or by paying the interest periodically.

No, you cannot purchase jewelry using the Bajaj Finserv EMI Network Card.

The amount of gold loan that can be availed for 1 gram of gold ranges from Rs. 2,846 to Rs. 3,794. This variation depends on factors such as the purity of the gold being pledged, the current gold loan per gram rate, and other relevant considerations.

Since a gold loan is a secured loan, there is no requirement for a credit score. The primary criteria for availing a gold loan is the value and purity of your gold. The collateral security provided by your gold and its purity are more critical factors for quick approval of the loan.

The Bajaj Gold EMI Card, also known as the Bajaj Finserv EMI Network Card, allows users to convert their purchases into easy EMIs. With a pre-approved loan limit of up to Rs. 2 Lakhs, this card can be used to shop online and offline for various products including gadgets, home appliances, furniture, electronics, clothes, and groceries.

As of today, Bajaj Finserv's gold loan interest rates range from 10% to 28% per annum. These rates are subject to change based on factors such as the current gold rate, borrower's eligibility, and other relevant factors.