Pune (Maharashtra), July 09, 2026: Gold loans continue to be a practical financing option for individuals looking to unlock the value of their gold assets without selling it. As borrowers increasingly seek greater clarity before applying for funds, understanding the eligibility requirements and estimating borrowing capacity can help simplify the loan journey.
Bajaj Finance enables customers to review its gold loan eligibility criteria online while also providing a gold loan calculator that helps estimate the quantity of gold required for a desired loan amount. Together, these resources allow borrowers to better understand the application requirements and plan their funding needs before visiting a branch.
Planning ahead can make the borrowing process smoother
Whether the requirement is to fund business expansion, education, medical expenses, or other planned financial commitments, reviewing the eligibility criteria beforehand can help borrowers prepare for the application process with greater confidence.
To apply for a Bajaj Finance Gold Loan, customers need to meet the following eligibility criteria:
|
Eligibility criteria |
Requirement |
|---|---|
|
Nationality |
Indian citizen |
|
Age |
21–80 years |
|
Gold accepted |
18–22 karat gold jewellery and ornaments |
|
Gold coins accepted |
Gold coins of up to 24 karat purity owned by the borrower, subject to applicable limits |
|
KYC requirement |
Valid identity and address proof for verification |
The final eligible loan amount is determined after the pledged gold is assessed for its purity and weight through a transparent valuation process.
Gold Loan Calculator helps estimate borrowing requirements
In addition to understanding the gold loan eligibility criteria, customers can use the Bajaj Finance Gold Loan Calculator to estimate the amount of gold required for the loan they wish to avail.
The Bajaj Finance Gold Loan Calculator works in a few simple steps:
- Enter the desired loan amount.
- Select the gold purity (18K, 19K, 20K, 21K, or 22K).
- Choose the preferred repayment tenure.
- View the estimated quantity of gold required based on prevailing gold prices and applicable loan-to-value (LTV) guidelines.
- Check the estimated loan amount based on the selected inputs.
The calculator provides an estimate for planning purposes. The final loan amount is determined after the pledged gold is assessed at a Bajaj Finance branch.
Documents required for application
Applicants need to submit any one of the following KYC documents:
- Aadhaar card
- Voter ID card
- Passport
- Driving licence
- NREGA job card
- Letter issued by the National Population Register (NPR)
For loan applications of Rs. 5 lakh and above, a PAN card is required in accordance with applicable guidelines.
What are the key features of the Bajaj Finance Gold Loan?
The Bajaj Finance Gold Loan is designed to provide customers with convenient access to funds through a secured borrowing solution. Key features include:
- Loan amount from Rs. 5,000 to Rs. 2 crore: Borrow based on the value of the pledged gold assets.
- Interest rates starting from 9.50% per annum: Transparent pricing to suit different borrowing needs.
- Multiple repayment options: Choose from monthly, bi-monthly, quarterly, half-yearly, or annual interest repayment options.
- Quick processing and disbursal: Access funds after gold assessment and completion of the required formalities.
- Transparent gold valuation: Gold is assessed using state-of-the-art karat meter for accurate valuation.
- Free insurance of pledged gold: Free insurance covers the pledged gold while it is in Bajaj Finance’s custody.
- Part-release facility: Repay a portion of the loan and retrieve part of the pledged gold before maturity.
- No part-prepayment charges: Make part-prepayments without additional charges during the loan tenure.
How to apply for Bajaj Finance Gold Loan
Customers can begin the application process online by following these simple steps:
- Visit the Bajaj Finance website and navigate to the gold loan page
- Click on ‘APPLY NOW’ to start the online application.
- Enter their 10-digit mobile number and verify it using the OTP.
- Fill in their personal details and select the nearest Bajaj Finance Gold Loan branch.
- Download the in-principle loan eligibility letter.
- Visit the selected branch with the gold assets and the required KYC documents for gold assessment, verification, and loan processing.
Bajaj Finance continues to focus on making secured lending more transparent and customer-centric by enabling borrowers to understand their gold loan eligibility before applying. Customers planning to borrow against their gold assets can conveniently check their eligibility online, estimate their loan amount using the eligibility calculator, and apply with confidence.
*Terms and conditions apply.
About Bajaj Finance Limited
Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.
